Solarvest BioEnergy Inc. announces that Mr. Claes Ellegaard has been appointed the Company's Chief Executive Officer effective October 7, 2022. Mr. Claes Ellegaard is a Danish born, Montreal-based Canadian citizen. Claes is a senior level pharmaceutical and healthcare professional with an international background and a proven track record of delivering results above expectations.

He has successfully managed high performing teams in both SME's and global matrix organizations. Claes has extensive experience within the Natural Health Products category, including Marine based NHP products such as Omega-3, which are invaluable to Solarvest. His vast experience with many of the most important global markets and the successful management of aggressive sales growth and the corresponding supply chain challenges will be vital to Solarvest's development.

Mr. Ellegard has, for a number of years, advised pharmaceutical, natural health product and healthcare organizations on all aspects of corporate activities on both the tactical and the strategic level. This has enabled his clients to effectively supply competitive and profitable products meeting all market and customer demands.