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Announced

Completed

Banner completed its merger with Mount Tam.

Synopsis

Banner Midstream, an energy services company, completed its merger with Mount Tam Biotechnologies, a pharmaceutical company. Financial terms were not disclosed. “The completion of our merger marks a critical point in Banner’s evolution. On our new public platform, Banner is even better positioned to execute on its growth strategy and achieve continued success. The fragmented markets in which we focus provide a tremendous opportunity for further growth and to benefit from our wider resource and capital base. Our team remains laser focused on delivering leading service quality to our customers and are committed to driving value to all stakeholders over the near and long-term,” Jay Puchir, Banner Midstream President and Principal Financial Officer.

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