Bion Announces Strategic Alliance with Transparency Wise

Bion Announces Strategic Alliance with Transparency Wise

Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology and premium sustainable beef, announced today a Letter of Intent with Transparency Wise, LLC, (TW) of St Petersburg, FL. Bion and TW will work to define a strategic partnership focused on providing their mutual producer partners and supply chain participants with resources and technology to measure, verify, and report regenerative practices and climate-smart impacts.

TW will provide Bion and their producer partners with TW's AgWise.io agricultural data management platform to measure, monitor, report, and quantify livestock production data. Relevant data will be shared with appropriate supply chain stakeholders and, ultimately, with the consumer via the Transparency Wise consumer app. TW will utilize their blockchain integration with IBM Food Trust TM to leverage the integrity of data collected.

Bion and TW will develop a platform to provide comprehensive tracking and transparency throughout the full animal lifecycle, from genetics to cow/calf and backgrounding to finishing, processing, and distribution. Specifically, Bion and TW will develop the platform to track:

  • Cattle : Source, genetics, breeding, feed protocols, rotational grazing, and health and efficiency outcomes throughout the lifecycle of the animals.
  • Land : Measure, monitor, report, and quantify data on regenerative practices and climate impacts, for both supply chain cattle and feed source.  Data will focus on soil health and carbon sequestration by tracking water use/management, nutrient management, land use efficiency, and regenerative practices such as planting cover crops and rotational grazing.
  • Feeding Operations : Integrate a comprehensive operational dashboard for Bion's Feeding Operations to measure and monitor cattle supply, Scope 3 emissions and climate impacts, and feeder-specific emissions, and impacts. It will also measure, monitor, report, and quantify methane removal, carbon insets/offsets/credits, biogas or renewable energy generation, solar, recycled water, and production of climate-smart fertilizer.
  • Sustainable Beef   - Verifiable by the Consumer : Relevant climate impacts and production practices will be accessible by app and verifiable by the consumer before and at the point of purchase.  Consumers will also be able to track high-attribute climate impacts and product claims and verify them on blockchain.
  • AI Optimizations : Artificial Intelligence (AI) and advanced machine learning will be leveraged throughout Bion's operations, to improve operational and supply chain efficiency, reduce resource consumption and environmental impacts, optimize animal health and welfare, and predict market opportunities.

Sarah Martello, CEO of Transparency Wise, said, "We are excited to partner with Bion and help define and market the country's first truly sustainable beef. Bion's vision of verified sustainability is a perfect fit with our own mission to provide the traceability that food safety requires, and the transparency that today's consumer expects." Martello added, "With TW's capabilities, Bion and its partners, especially those on the distribution side, won't be concerned with greenwashing: they'll be able to prove every claim on the package."

Bill O'Neill, Bion's CEO, said, "Sustainable beef is built from the ground up. Tracking feed inputs, animal movement and grazing practices, methane and other GHG emissions, ammonia emissions, water usage, etc., and documenting improvements throughout the value chain, is critical to building trust with the consumer. We're looking forward to working with Transparency Wise to provide that complete lifecycle transparency, from ‘dirt to dinner plate', and build a platform that will allow each of our supply chain partners to connect into the circular ecosystem our strategic partner model creates."

About Transparency Wise
TW was founded by Bill O'Neill (before joining Bion as its CEO) and his wife, Sarah Martello, TW's CEO. TW provides cutting-edge technology solutions, tools, and resources to the agri-food supply chain that deliver transparency and traceability to stakeholders - from producers to consumers. The agwise.io platform supports producers and stakeholders as they implement regenerative and climate-smart practices, providing tools for them to track, measure, verify and predict outcomes of production practices. TransparencyWise, the consumer-facing platform, connects consumers and other stakeholders to transparent and traceable food information. Learn more at https://transparencywise.com

About Bion
Bion's patented 3rd generation technology and the Gen3Tech platform it supports minimize the environmental impacts from livestock waste. The platform will simultaneously increase resource efficiencies and revenues by upcycling nutrient byproducts, producing PV solar and Renewable Natural Gas, and will enable sustainable branding (and premium pricing) for the protein products – meat, milk, eggs. Bion is focused on developing state-of-the-art indoor cattle feeding operations that will produce premium sustainable beef, with a USDA-certified brand. Byproducts include clean water and unique low-carbon and organic nitrogen fertilizer products. Learn more at https://bionenviro.com .

Forward Looking Statements
This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words ‘will', ‘won't be', ‘looking forward to', and similar expressions identify certain forward-looking statements that are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.

Contact Information:  
Craig Scott
SVP, Director of Communications
303-898-4945 direct


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

BNET
The Conversation (0)
Bion Announces Changes in Leadership and Approach

Bion Announces Changes in Leadership and Approach

Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock waste treatment technology and premium sustainable beef, announced several leadership changes as it refocuses on execution and commencing project development.

Bion has accepted the resignation of Bill O'Neill, its Chief Executive Officer, which became effective on June 1. Mr. O'Neill is departing to pursue other interests. He will work with Bion management through the end of June to help ensure a smooth transition. Mr. O'Neill's resignation from Bion's Board of Directors was also accepted.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Bion Gives Company Update

Bion Gives Company Update

Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock waste treatment technology and premium sustainable beef, gave the following company update:

We have faced several challenges in the last year that began with the construction delays at Fair Oaks and were complicated by ongoing management transition issues (resulting from the passing of our long-term CEO/COO). As a result, we have been unable to raise sufficient capital through our traditional retail sources. We are exploring all strategic options to raise capital and propel the company forward.  We knew that building a team and platform to commercialize our technology would require substantial strategic investment.  We are optimistic about our ongoing conversations with potential clean energy, utility, and agriculture partners, and we have begun raising capital with existing shareholders to fund near-term requirements.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Bion Announces Voluntary Share Surrender

Bion Announces Voluntary Share Surrender

Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock waste treatment technology and premium sustainable beef, announced that several of its largest shareholders have agreed to return up to 30 percent of their holdings to the company for cancellation.

Heirs of Dominic Bassani, Bion's former CEO and largest shareholder who passed in November, will return approximately 20 percent before the Company's June 30, 2024, fiscal year end, with another 10 percent upon Bion meeting funding milestones that are consistent with the company's growth objectives. Mark Smith, Bion's current President, who is transitioning to retirement during this year, will return approximately 30 percent of his holdings over the next month.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Bion Applies for OMRI Listing for Commercial 10-0-0 Nitrogen Fertilizer

Bion Applies for OMRI Listing for Commercial 10-0-0 Nitrogen Fertilizer

Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment and resource recovery technology, announced it has applied to the Organic Materials Review Institute (OMRI) for an OMRI listing for its liquid 10-0-0 nitrogen fertilizer that is produced from livestock waste.

Bion's fertilizer – ammonium bicarbonate – is a stable, readily available source of nitrogen that is upcycled in a patented process from the reactive ammonia in livestock and other organic waste streams. In 2020, Bion received an OMRI listing for its initial product, a 0.5 percent ammonium bicarbonate solution. Bion is also preparing an application to the California Department of Food Agriculture (CDFA) for a 6-0-0 nitrogen fertilizer product; CDFA organic certification will expand the markets for Bion's fertilizer products.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Bion's New Patent Expands Coverage to Industrial and Municipal Waste Streams

Bion's New Patent Expands Coverage to Industrial and Municipal Waste Streams

Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock waste treatment technology and premium sustainable beef, was issued a new patent that broadens its Ammonia Recovery System (ARS) claims to include industrial and municipal wastewater streams.

Bion's ARS was developed to recover the volatile ammonia in livestock waste streams, with a focus on the discharge from an anaerobic digester (AD), where biogas is produced. Bion just optimized the ARS at its Fair Oaks facility for the final design process for full-scale animal waste systems. With this fifth patent, Bion's IP now covers organic waste streams from industrial and municipal sources, as well.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
First Tellurium

First Tellurium Subsidiary PyroDelta to Launch Production of Thermoelectric Generator for Automobiles

Device expected to replace alternators and increase efficiency for combustion engines while also helping electric vehicles generate more power.


Keep reading...Show less
NorthStar Gaming Announces Short-Term Financing

NorthStar Gaming Announces Short-Term Financing

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announced that the Company has issued a $3 million unsecured, interest-bearing promissory note dated as of September 13, 2024 (the "Note") to Playtech plc. The Note shall bear interest of 8% per annum, payable in arrears at maturity. Unless otherwise accelerated pursuant to its terms, the Note will become immediately due and payable on the earlier of (i) April 25, 2025; and (ii) the date on which the Company or any of its subsidiaries completes additional financing transactions with aggregate gross proceeds of at least $10 million, subject to certain exceptions. Proceeds from the Note will be used to fund the Company's continued growth and for general corporate purposes.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NorthStar Gaming Announces Short-Term Financing

NorthStar Gaming Announces Short-Term Financing

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announced that the Company has issued a $3 million unsecured, interest-bearing promissory note dated as of September 13, 2024 (the "Note") to Playtech plc. The Note shall bear interest of 8% per annum, payable in arrears at maturity. Unless otherwise accelerated pursuant to its terms, the Note will become immediately due and payable on the earlier of (i) April 25, 2025; and (ii) the date on which the Company or any of its subsidiaries completes additional financing transactions with aggregate gross proceeds of at least $10 million, subject to certain exceptions. Proceeds from the Note will be used to fund the Company's continued growth and for general corporate purposes.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Fraser Mackenzie Accelerator Corp. Announces Closing of First Tranche of Private Placement

Fraser Mackenzie Accelerator Corp. Announces Closing of First Tranche of Private Placement

Not for distribution to U.S. news wire services or for dissemination in the United States.

Forward Water Technologies Corp. ("FWTC") (TSXV:FWTC) is pleased to announce that, Fraser Mackenzie Accelerator Corp. ("FMAC") today announced that closed the first tranche of its previously announced private placement of subscription receipts of FMAC (the "Subscription Receipts"), consisting of the issuance of an aggregate of 12,292,923 Subscription Receipts at a price of C$0.107 per Subscription Receipt (the "Issue Price") for aggregate gross proceeds of C$1,315,342.76 (the "Offering"). The Offering was completed in connection with the previously-announced arm's length transaction (the "Transaction") proposed to be completed by FMAC and FWTC, further details of which may be found in the prior news releases of FWTC, including the most recent news release of FWTC relating to the Transaction dated July 22, 2024

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Carbon Done Right Provides Project and Management Updates

Carbon Done Right Provides Project and Management Updates

Carbon Done Right (TSXV: KLX) is pleased to announce a number of updates to the Company's carbon credit project development activities and management team:

  • Planting at the Company's West African Rewilding project has continued through the planting season, supported by strong rainfall. The Company still anticipates achieving a total planted area of 3400 ha by the end of this season.
  • The Company has finalized the Project Design (PD) for the Rewilding project under Verra's new VM0047 protocol and has also completed an extensive site visit with the audit company responsible for validating the PD, a key milestone in the project development.
  • The Company continues to work on negotiations with existing and new investors to secure capital at the project level to support the continued growth of our pipeline.
  • The Company continues to advance negotiations with national and regional governments in other jurisdictions and will provide further updates in the coming weeks.

CEO Dr. James Tansey commented ‘This has been challenging year for carbon markets with lots of headwinds. Our early decision to focus on restoration projects has insulated our from many of these challenges, as the market has given strong indications that restoration based carbon projects can attract a price premium. We have delivered on our priority milestones over the first part of 2023 and look forward to providing further updates. Our view remains that carbon markets will return to their previous strength and that both conservation and restoration projects are critical to scaling Nature Based Solutions'

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
NorthStar Gaming Enhances the Customer Experience with Strategic Product Innovations

NorthStar Gaming Enhances the Customer Experience with Strategic Product Innovations

Company Embraces Vision of "Incrementally Better, Fundamentally Different"

NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today announced a series of enhancements to its NorthStar Bets online betting platform. The latest product innovations are crafted to elevate and consistently surpass the expectations of NorthStar Bets customers, reinforcing the Company's position as the definitive premium choice in the gaming industry.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×