DIVERGENT Energy Services Corp. ('Divergent', the 'Company') announced that the Company and two key suppliers have entered into agreements to convert existing current liabilities of USD 1.15 million into long-term, unsecured notes ('Notes'). The Notes, one with a 4-year term and one with a 5-year term, have an interest rate of 5% per annum and principal payments commencing in third quarter of 2022. The agreements further Divergent’s efforts to improve its balance sheet which is fundamental to its ability to access growth capital and support the anticipated growth in operations during the terms of the Notes. To date, the Company has successfully negotiated the conversion of a cumulative USD 3.15 million of current liabilities into manageable long-term debts, the repayment of which coincides with the Company’s expected future cash flows.