Alpine Summit Energy Partners has announced the appointment of Alec Schiff, Director of Carbon and Offset Markets

Nashville, TN and Vancouver, BC – (Newsfile Corp. – December 2, 2021) – Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (“alpine summit“or the”a company“) to announce the appointment of Alec Sheaff as Director, Carbon Markets and Offsets of the previously announced Alpine CapH4, LLC (“)Alpine CapH4Alpine CapH4 is a wholly owned subsidiary of HB2 Origination, LLC, the operating subsidiary of Alpine Summit.

Alpine CapH4 was launched to develop a sustainable approach to mitigating third-party legacy sources of pollution in the oil and gas industry and to earn eligible carbon credits for the Chicago Mercantile Exchange (CME). Alpine CapH4 will leverage the existing Alpine Summit platform to establish a foothold in the carbon credit industry by focusing on capping methane-emitting wells, as well as other types of CCS projects.

“We believe the market for carbon credits needs additional sources of credit that are measurable with a high degree of integrity. The goal of Alpine CapH4 is to identify and implement scalable projects that address carbon emissions directly at source. We believe this is a useful opportunity for the Alpine Summit,” said Craig Perry, CEO of Alpine Summit Summit, the company is confident that Alec is the right leader to build a team and scale this business.

Prior to joining Alpine Summit, Alec managed the US Eastern Customer Solutions Team for Environmental Resource Solutions (“RES‘), a portfolio company of KKR & Co. RES is an environmental restoration company focused on stream mitigation banking and wetland projects. Prior to this, Alec spent more than a decade in the renewable energy industry developing commercial and utility projects.

About Alpine Summit Energy Partners, Inc.

Alpine Summit is a US-based company that operates and develops oil and gas assets. For additional information about the company, please visit www.alpinesummitenergy.com.

More information

For more information, please contact:

Chris Neelan, Senior General Manager
Phone: 615.475.8320
email: ir@alpsummit.com

Darren Molds, Chief Financial Officer
Phone: 403.390.9260
email: dmoulds@alpsummit.com

Neither TSX Venture Exchange nor the Regulatory Services Provider (as defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.

Forward-looking information and statements

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Securities Litigation Reform Act of 1995. This forward-looking information Forward-looking statements do not represent historical facts or information or a current situation, but instead only represent Alpine Summit’s beliefs regarding future events, plans or objectives, many of which are inherently inherently uncertain and beyond Alpine Summit’s control. In general, such forward-looking information or forward-looking statements may be identified by the use of forward-looking terms such as “plans”, “expects”, “expects”, “budget”, “scheduled”, “estimates”, “foresees” or “intends,” “expects,” “believes,” the negativity or variations of these words and phrases may contain or may contain statements that some action, event or outcome “may,” “could,” “will,” “may,” or “will” be taken It will continue, it will happen, or it will come true. The forward-looking information and forward-looking statements contained herein may include, but are not limited to, statements regarding market carbon credit needs or the ability of Alpine CapH4 to mitigate legacy sources of pollution or source and implement additional carbon offset opportunities.

By specifying this information and data in this way, Alpine Summit alerts the reader that such information and data are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of Alpine Summit. be materially different from that expressed or implied by such information and data. In addition, with respect to the forward-looking information and forward-looking statements contained in this press release, Alpine Summit has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements, include: the impact of RTO and potential listing in NASDAQ on relationships, including with regulators, employees, suppliers, contractors and competitors, as well as the potential for failure of the Summit Alpine has met the NASDAQ Listing Criteria or is ultimately approved for inclusion by NASDAQ; changes in general economic, commercial and political conditions, including changes in financial markets; changes in applicable laws; and compliance with extensive government regulations. If one or more of these risks, uncertainties or other factors materialize, or if the assumptions underlying the forward-looking information or statements prove incorrect, actual results may differ materially from those described herein as intended, planned, expected or believed It is estimated or expected. Although Alpine Summit believes that the assumptions and factors employed in the preparation, and the expectations contained therein, the forward-looking information and statements are reasonable, no undue reliance should be placed on such information and statements, and no warranty or guarantee can be given thereof. Such information and forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those projected in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Alpine Summit does not undertake to update any forward-looking information and/or forward-looking statements contained or referred to herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106238

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