Le Lézard
Classified in: Business
Subject: EARNINGS

Earth Alive Reports Q3 2022 Results


MONTREAL, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Earth Alive Clean Technologies Inc. (TSXV: EAC ? "Earth Alive" or the "Company"), a company that develops, manufactures, and distributes state-of-the-art, environmentally-sound proprietary microbial solutions and products, announces today its consolidated financial statements for the third quarter ended September 30, 2022. All amounts are in Canadian dollars unless otherwise indicated.

Third Quarter Overview

"This was a very busy quarter for the Earth Alive team as we continued to reorganize our business to better manage global investments and market demands. Building growth remains our primary focus and we believe that the quality and depth of our pipeline of projects for 2023 is a testament to our success in this regard," said Nikolaos Sofronis, President and Chief Executive Officer. "We trust that the numerous proposals and tests already on our books represents a form of reassurance for shareholders and attests to our unrelenting commitment to increase sales."

Earth Alive Consolidated Financial Statements and Management's Discussion and Analysis for the third quarter ended September 30, 2022 are available on SEDAR at www.sedar.com and on our website at www.earthalivect.com.

Pipeline

Recently, Earth Alive inaugurated new installations in Montréal. An expense of approximately $550,000 in this regard will be recorded in our Financial Statements for the year ended December 31, 2022.

About Earth Alive Clean Technologies

Earth Alive is an industry leader in microbial technologies. Earth Alive's innovative products contribute to regenerative agriculture, natural dust suppression with minimal water use and industrial cleaning that is ecological and human friendly. For additional information, please visit: https://earthalivect.com/.

Forward-Looking Information: Certain information in this press release contains forward-looking information and forward-looking statements, which reflect the current view of management with respect to the Company's objectives, plans, goals, strategies, outlook, results of operations, financial and operating performance, prospects and opportunities. Wherever used, the words or ex pressions "pipeline", "potential", "2023", "building", "growth", "believe", "increase", "before year end", "with a view to", "expect", "as early as", "objective", "improve", "aimed at", "ultimately", "reinforcing", "add to", "will" and similar words or expressions identify forward-looking information and forward-looking statements. Forward-looking information and forward-looking statements should not be regarded as a guarantee of future events, performance or results, and will not necessarily be an accurate indication of whether, or the times at which, such events, performance or results will be achieved. All of the information in this press release containing forward-looking information or forward-looking statements is qualified by these cautionary statements. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking information and forward-looking statements and are cautioned not to place undue reliance on such information and statements. The Company does not undertake to update any such forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

For information, please contact:
Nikolaos Sofronis, CEO
438 333-1680; 514 462 1628
+352621395338

nsofronis@earthalivect.com



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News published on 28 november 2022 at 19:00 and distributed by: