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Pilot Testing Agreement for PFAS Remediation

RNS Number : 1964S

MyCelx Technologies Corporation

08 March 2023

8 March 2023

MYCELX TECHNOLOGIES CORPORATION (AIM: MYX)

Pilot Testing Agreement for PFAS Remediation at Municipal Solid Waste Landfill

MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water and clean air technology company, is pleased to announce that it has entered into a second pilot testing agreement for treatment of PFAS in landfill leachate in the United States with a new customer.

The system includes a MYCELX fully containerized, mobile PFAS remediation system with MYCELX infused cartridge filtration and Performer™ media and will be utilized on-site for treatment of PFAS contaminated leachate from a municipal solid waste landfill. The pilot is expected to successfully demonstrate the ability of the proprietary MYCELX technology, and completely remove all identified PFAS chemicals to non-detectable concentrations in a single pass.

Connie Mixon, CEO, commented:

"We are pleased to announce the signing of a second pilot testing agreement for PFAS remediation in the United States so far this year. We are firmly focused on expanding our footprint in the PFAS remediation market in 2023, and this is further evidence of us delivering on this objective."

For further information, please contact:

MYCELX Technologies Corporation

Connie Mixon, CEO

Kim Slayton, CFO

Tel: +1 888 306 6843

Canaccord Genuity Limited (Nomad and Sole Broker)

Henry Fitzgerald-O'Connor

Gordon Hamilton

Tel: +44 20 7523 8000

Celicourt Communications (Financial PR)

Mark Antelme

Jimmy Lea

Tel: +44 20 8434 2754

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