Wolverine Energy and Infrastructure Inc. (TSXV:WEII) acquired Environmental Clearing Assets in Canada on December 20, 2021. In a related transaction, Wolverine Energy and Infrastructure Inc. acquired Environmental Clearing Business. The two acquisitions was purchased for a total proceeds of CAD 11.3 million, CAD 4.75 million paid on closing, CAD 1.5 million in stocks and CAD 5 million in vendor take back. Funded through a combination of term debt and common equity. The acquired assets are forecasted to deliver an annual run rate EBITDA of approximately CAD 4.8 million, including immediate annual operational and administrative synergies, of which approximately 75% is currently contracted. Employees, contracts, and upcoming work will be transferred from the existing businesses to Wolverine. Wolverine Energy and Infrastructure Inc. (TSXV:WEII) completed the acquisition of Environmental Clearing Assets in Canada on December 20, 2021.