Advanced Emissions Solutions Announces Sale of Marshall Mine, LLC to Caddo Creek Resources Company, L.L.C.

September 6, 2022

https://www.globenewswire.com/news-release/2022/09/06/2510967/25414/en/Advanced-Emissions-Solutions-Announces-Sale-of-Marshall-Mine-LLC-to-Caddo-Creek-Resources-Company-L-L-C.html

GREENWOOD VILLAGE, Colo., Sept. 06, 2022 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the “Company” or “ADES”), a leader in emissions control solutions for coal-fired power generation, industrial and municipal water purification markets, today announced that it has signed a definitive agreement to sell Marshall Mine LLC, the entity that owns the former lignite mine currently being reclaimed located in Marshall, Texas (“Marshall Mine”), to Caddo Creek Resources Company, L.L.C. (“Caddo Creek”) (the “Transaction”). The Company had previously taken over the Marshall Mine upon entering into its activated carbon supply agreement with Norit Activated Carbon.

Read more at globenewswire.com

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