Bion Environmental Technologies Inc., a leader in advanced fertilizers made from manure and organic waste, has signed a Memorandum of Understanding with Kimmeridge Energy Management Company, LLC, an alternative asset manager focused on the energy sector. The agreement sets out a framework for the two companies to jointly explore the use of Bion's ammonia recovery technology at a large Renewable Natural Gas $(RNG)$ facility operated by a Kimmeridge affiliate. Bion and Kimmeridge will collaborate on engineering, fertilizer sample production and testing, agronomic validation, lifecycle analysis, and commercial planning. The partnership aims to evaluate and potentially establish a joint venture to implement Bion's Ammonia Recovery System, supporting sustainable agricultural and renewable energy solutions.