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Reklaim : Interim Financial Statements 1Q24 - Consolidated

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Klean Wins Lawsuit Against ReKlaim Inc, Pyrolyx s AG Joint Venture Partner, for Failing to Pay its Property Taxes in Boardman, Oregon

Article content VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE) Klean Industries Boardman, Inc. (“Klean”) is pleased to advise that it has won the court case that it brought against ReKlaim Inc.(“ReKlaim”) in the Circuit Court of Morrow County, Oregon. The Court entered a default order and default judgment against ReKlaim for the full amount of damages sought by Klean. Specifically, the Court entered a default judgement against ReKlaim for breach of contract, breach of the covenant of good faith and fair dealing, fraud and fraudulent concealment. As a result, if ReKlaim were to file for bankruptcy protection, the judgment for fraud is unlikely to be discharged.

Klean Wins Lawsuit Against ReKlaim Inc, Pyrolyx s AG Joint Venture Partner, for Failing to Pay

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Klean Wins Lawsuit Against ReKlaim Inc, Pyrolyx’s AG Joint Venture Partner, for Failing to Pay . Klean IndustriesDecember 29, 2020 GMT VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE) Klean Industries Boardman, Inc. (“Klean”) is pleased to advise that it has won the court case that it brought against ReKlaim Inc.(“ReKlaim”) in the Circuit Court of Morrow County, Oregon. The Court entered a default order and default judgment against ReKlaim for the full amount of damages sought by Klean. Specifically, the Court entered a default judgement against ReKlaim for breach of contract, breach of the covenant of good faith and fair dealing, fraud and fraudulent concealment. As a result, if ReKlaim were to file for bankruptcy protection, the judgment for fraud is unlikely to be discharged.

Klean Wins Lawsuit Against ReKlaim Inc, Pyrolyx s AG Joint Venture Partner, for Failing to Pay its Property Taxes in Boardman, Oregon - Press Release

| Press Release Klean Wins Lawsuit Against ReKlaim Inc, Pyrolyx’s AG Joint Venture Partner, for Failing to Pay its Property Taxes in Boardman, Oregon VANCOUVER, British Columbia, Dec. 29, 2020 (GLOBE NEWSWIRE) Klean Industries Boardman, Inc. ( Klean ) is pleased to advise that it has won the court case that it brought against ReKlaim Inc.(“ReKlaim”) in the Circuit Court of Morrow County, Oregon. The Court entered a default order and default judgment against ReKlaim for the full amount of damages sought by Klean. Specifically, the Court entered a default judgement against ReKlaim for breach of contract, breach of the covenant of good faith and fair dealing, fraud and fraudulent concealment. As a result, if ReKlaim were to file for bankruptcy protection, the judgment for fraud is unlikely to be discharged.

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