Advanced Emissions Solutions Inc. (ADES)

[kodi]

ADA-ES Merger
On February 18, 1997, Earth Sciences Inc. signed a Letter of Intent to acquire a majority equity
position in ADA Environmental Solutions LLC ("ADA") through a combination of
stock and cash. The acquisition was prompted by synergism involving products to
be produced by the solvent extraction facility in Calgary. These products will
be utilized by ADA in a new proprietary technology designed to reduce
particulate emissions from plants burning low-sulfur coal.