Anaergia Inc. (TSX:ANRG) ('Anaergia' or the 'Company') announced that it has engaged Piper Sandler & Co. to assist the Company and its advisors with the Company's previously announced strategic review. As disclosed in the Company's interim financial statements and management discussion and analysis released on August 14, 2023, the Company will require additional financing to fund its operations and continue to operate as a going concern.

The Company cautions that there are no assurances that the evaluation of the potential options will result in the approval or completion of any specific transaction or outcome. Anaergia does not intend to comment further unless and until its Board of Directors approves a specific transaction, concludes its review, or determines that further disclosure is appropriate or is required.