Blackheath Resources Inc. (‘Blackheath’) and Wolverine Energy and Infrastructure Inc. (‘Wolverine’) announced that they have entered into an amalgamation and arrangement agreement dated February 16, 2021 for the proposed sale of Wolverine's clean energy assets, renewable natural gas (‘RNG’) development projects and solids recycling facilities (the ‘Clean Energy Assets’) to Blackheath for total proceeds of $150.0 million (the ‘Transaction’). Subject to completion of the transaction, Jesse Douglas, company's President will accept the Executive Chairman role of Wolverine and will resign as President. The company also announced the promotion, effective as at the closing of the transaction, of Shannon Ostapovich to President. Mr. Ostapovich has been with the company since 2015 upon vending in a wholly-owned subsidiary of the company. Mr. Ostapovich has since moved into senior leadership positions at the company, most recently serving as the Vice President of Operations.