Date Closed

June 12, 2009

Lead Office

Vancouver

Value

6.70 Million CAD

On June 12, 2009, Xebec Adsorption Inc. ("Xebec"), the company formed by the merger of QuestAir Technologies Inc. ("QuestAir") and Xebec Adsorption Inc. ("Xebec Adsorption"), announced that the previously approved statutory plan of arrangement (the "Arrangement") involving QuestAir and Xebec Adsorption, has been completed.

Xebec, the merged company, will immediately leverage the available synergies in gas purification, global distribution and manufacturing to expand its market share in clean energies, such as hydrogen purification, biogas upgrading and natural gas dehydration.

Xebec's proprietary adsorption technology is used to remove impurities such as sulphur, water vapour and carbon dioxide from natural gas, hydrogen and other gases, enabling the purified gases to be used in process applications as well as to power vehicles, generate electricity and heat homes.

McCarthy Tétrault LLP represented QuestAir in the merger. The team was led by Michael Urbani.