MR1 discussion thread, page-3

How is Montem progressing grant funding?

We appreciate the ongoing interest, on HotCopper, in the status of Montem’s C$5 million in Federal funding from Canada’s Clean Fuels Program. Montem’s application is currently being reviewed, and we look forward to updating shareholders when grants are awarded in the northern hemisphere Spring 2022. We invite our shareholders to read more about the grant process here - https://www.nrcan.gc.ca/climate-change-adapting-impacts-and-reducing-emissions/canadas-green-future/clean-fuels-fund/clean-fuels-fund-building-new-domestic-production-capacity/23726

In parallel, Montem is also investigating other renewable energy project grantoptions with Alberta Innovates, Invest Alberta, and Emissions Reduction Alberta. We recently announced an MoU with Invest Alberta here.

Regards,
Jeremy
Montem Communications Team
Authorized Company Representative