Proton Green Announces Appointment of Directors

PRESS RELEASE
Published July 24, 2023

Proton Green Adds David Hobbs and Peter Wagner to Board

HOUSTON, TX / ACCESSWIRE / July 24, 2023 / Proton Green, LLC ("Proton Green" or the "Company"), the operator of one of the leading helium, beverage grade CO2, and carbon sequestration hubs in North America, announces the appointment of two new members to its board of directors.

David A. Hobbs will serve as Chairman. Mr. Hobbs is an expert in energy industry structure and strategies with 37-years of experience, most recently as Former Head of Research at The King Abdullah Petroleum Studies and Research Center (KAPSARC) where he established a world leading think tank in Saudi Arabia. Mr. Hobbs has also served as Chief Energy Strategist at IHS Market and Co-Chair of CERAWEEK, providing insight to governments and major energy companies around the world. Prior to CERA, Mr. Hobbs was former Head of Business Development with Monumental Oil & Gas and managed the North American and Asian businesses of Hardy Oil & Gas.

Peter Wagner will serve as a Non-Executive Director. Mr. Wagner is a leader in the industrial gas industry and has served as Vice President, Business Development, Gas and Process Division, Atlas Copco Energas GmbH (in Germany), General Manager, Atlas Copco Comptec LLC (America), Divisional President, Atlas Copco Gas and Process Division, General Manager of Atlas Copco Energas GmbH (in Germany). Currently, Mr. Wagner is CEO, Managing Director, LEWA GmbH (in Germany), CEO and Director, Cryogenic Industries, Inc. (the Company's consolidated subsidiary in America/CEO of Nikkiso Clean Energy & Industrial Gases Group).

Steve Looper, Chief Executive Officer of Proton Green, LLC commented, "Proton Green is honored to have David Hobbs and Peter Wagner join our board of directors. Both are well recognized leaders in the energy transition space and will offer sound advice on our company's direction."

About Proton Green, LLC

Proton Green LLC, is poised to become one of the leading North American producers of helium and beverage grade CO2, while also building out its position as one of the leading carbon sequestration operators in North America. With operating control over the St. Johns Field, a152,000 acre property in Apache County, Arizona, the Company controls a massive helium reservoir, CO2 reservoir and carbon storage basin. Both helium and beverage grade CO2 remain in short supply. Helium is used to cool magnets in MRI systems, as the temperate of silicon during semiconductor manufacturing, for space and satellite system applications, as well as in many other critical technologies. Carbon capture and sequestration is fast becoming a climate imperative, and the Company has the ability to inject up to 22 million metric tons of CO2 per year at its primary basin, and over one billion tons of total storage capacity. Company website: https://www.protongreen.com/

Media & Investor Contact:

MZ Group - MZ North America
ProtonGreenIR@mzgroup.us

SOURCE: Proton Green, LLC



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