Entropy Inc., a subsidiary of Advantage Energy Ltd., has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and contingent payments of approximately $15 million (subject to adjustment) based on commercial milestones achieved by various projects .

Canada Growth Fund Inc. (“CGF”) and Advantage Energy announced that CGF has entered into a strategic investment agreement with Entropy Inc., a Calgary-based developer of technologically-advanced carbon capture and sequestration (“CCS”) projects with the potential to significantly reduce emissions in Canada and worldwide.