MIDWEST ENERGY EMISSION - MEEC STOCK NEWS

Midwest Energy Emissions Corp. (MEEC) announced support for the EPA's reaffirmation of the Mercury and Air Toxics Standards (MATS), which aims to reduce mercury and other harmful emissions from power plants. The proposal, issued on January 31, 2022, seeks to maintain existing regulations while exploring further pollution reductions. MEEC CEO Richard MacPherson emphasized that stricter regulations would enhance their mercury emissions capture technology, SEA®. The company anticipates growth opportunities due to potential new EPA restrictions on wastewater from coal-fired plants.

Midwest Energy Emissions Corp. (OTCQB: MEEC) recently announced a new supply contract with a major utility for its patented Sorbent Enhancement Additive (SEA®) technology, enhancing mercury emissions capture. This contract marks the second facility under this utility to source products directly from MEEC. The company anticipates further growth in supply agreements through 2022, following successful product testing at the utility's power plants. CEO Richard MacPherson highlighted the importance of this partnership in monetizing MEEC's patents and improving operational efficiencies.

Midwest Energy Emissions Corp. (OTCQB: MEEC) has extended its agreement with AC Midwest Energy LLC to facilitate the repayment of its secured and unsecured debt, originally announced in June 2021. This extension allows for a closing date of no later than June 30, 2022. The revised agreement includes a significant portion of the debt being converted into equity, reflecting Alterna's confidence in the company’s growth strategies. The transaction is subject to various closing conditions.

Midwest Energy Emissions Corp. (OTCQB: MEEC) announced a major partnership with a leading U.S. coal utility, securing a $2 million supply agreement for its sorbent technology in 2022. This contract includes installation of ME₂C's SEA^® system, aimed at enhancing mercury emissions capture. The contract follows a licensing agreement from 2021, demonstrating the utility's commitment to leveraging ME₂C's expertise. The recent commissioning of a new plant in Texarkana will support the anticipated demand, establishing a significant recurring revenue stream for the company.

Midwest Energy Emissions Corp. (OTCQB: MEEC) has renewed a two-year supply contract valued at over $2.5 million with a major U.S. power producer. The contract extends MEEC’s supply of its patented Sorbent Enhancement Additive (SEA®) technologies, which are designed for mercury emissions capture at two significant power plants in the Southern region. CEO Richard MacPherson highlighted the renewal as a sign of trust in their technology and expects further contract renewals and business opportunities throughout 2022.

Midwest Energy Emissions Corp. (OTCQB: MEEC) has signed a five-year licensing agreement with a Midwest utility to provide a non-exclusive license for its patents related to mercury removal from coal-fired power plants. The agreement includes a one-time payment and allows MEEC to compete for ongoing product supply. CEO Richard MacPherson highlighted the strength of the company’s proprietary SEA® technology in mercury capture, which could lead to increased revenue and operational efficiencies for both parties. This move marks a significant milestone for MEEC's growth in the environmental technology sector.

Midwest Energy Emissions Corp. (OTCQB: MEEC) reported a strong third quarter with a 78% year-over-year revenue growth, totaling $5.0 million compared to $2.8 million last year. This increase was driven by higher demand for sorbent products in the coal-fired market. The company signed a new licensing agreement and secured a significant multi-year supply contract. Although operating expenses rose to $5.2 million, the net loss decreased to $207,000. Adjusted EBITDA improved to $562,000, up from $24,000 in Q3 2020.

Midwest Energy Emissions Corp. (OTCQB: MEEC) announced a conference call on November 15, 2021, at 4:30 PM Eastern Time to discuss its Q3 2021 financial results. A press release with the financial details will precede this call. The company specializes in patented environmental technologies aimed at emission reductions in the power industry. Participants can join via dial-in or webcast. A playback of the call will be available until December 15, 2021.

Midwest Energy Emissions Corp. (OTCQB: MEEC) announced preliminary Q3 2021 revenues of at least $4.9 million, marking the highest quarterly revenue in over three years. This is a 75% increase from $2.8 million in Q3 2020. Key developments include successful Phase 1 testing of their Rare Earth Element Technology and progress in litigation against refined coal entities. The company expects fourth quarter revenues of $4 million and positive cash flow moving forward.