Investment Enables Purchase of Chemical Manufacturing Assets in Columbus, NE from Prairie Catalytic

IFG Asset Management (“IFG”) has committed equity capital to Viridis Chemical, LLC (“Viridis Chemical” the “Company”), a manufacturer of renewable chemicals, alongside EIV Capital, LLC (“EIV”), an energy-focused private equity firm. The capital commitments were used to purchase chemical manufacturing assets in Columbus, NE, from Prairie Catalytic, LLC and fund associated capital improvements. Following completion of the expected capital improvements, the newly acquired assets will be able to produce USP ethanol and renewable ethyl acetate. The equity commitments and initial acquisition positions Viridis Chemical to become a world-class platform for investments in renewable chemicals.

Carl Rush, Co-founder and Chief Executive Officer of Viridis Chemical, stated, “I am excited to lead the Viridis Chemical team as we initiate our capital projects to expand and improve our recently acquired chemical manufacturing assets in Nebraska. The plant will utilize a proprietary process to produce the only renewable Ethyl Acetate in the US, and we look forward to leveraging the IP portfolio acquired from Prairie Catalytic, LLC for other green chemical processes as well. We could not have asked for better partners than EIV and IFG to support us as we build a renewable chemicals business with entrepreneurial spirit and global reach.”

About Viridis Chemical, LLC

Viridis Chemical, LLC is a world-class manufacturer of renewable chemicals headquartered in Houston, Texas. The Company is committed to the safe, environmentally sound, and economically viable conversion of bio-ethanol into useful products previously derived from oil or natural gas. Viridis Chemical is led by Carl Rush and Randy Whitaker.

For more information, please visit www.viridischemical.com.