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PlasCred Circular Innovations Inc C.COVE

Cover Technologies Inc. is a Canada-based technology research and development company. The Company’s principal business is the development and commercialization of industrial products and solutions technologies for the processing and production of magnesium metal and related compounds and by-products and co-products from serpentinite tailings, and disinfectant and cleaning solutions. The Company primarily conducts its activities in British Columbia and Quebec. The Company's activities in Quebec are carried out through its wholly owned subsidiary, Mag One Operations Inc. (MOOI). The Company is also focused on identifying opportunities in emerging technologies.


CSE:COVE - Post by User

PlasCred Circular Innovations Inc
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Post by Betteryear2on Sep 22, 2021 8:07am
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Post# 33897262

Begins Development of ElectrumX Metals Spot Market

Begins Development of ElectrumX Metals Spot Market VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- COVER TECHNOLOGIES INC. (CSE: COVE) (OTC: MGPRF) (Frankfurt: 304A) (the “Company” or “Cover”) is pleased to announce that it has commenced development of ElectrumX, a blockchain-based platform for tracking and transacting commodity minerals with features to include a spot market and integrations with third-party decentralized finance (“DeFi”) solutions. The development and launch of ElectrumX is being led by blockchain and digital currency visionary Steven Dryall, who was appointed Chief Technology Officer (“CTO”) of the Company on September 21, 2021 in connection with the Company's acquisition of the Flurbo Technology from Nifty Technologies Inc. (“Nifty”), as announced in a press release dated September 15, 2021.

For further information or questions regarding the Company kindly contact the Company via email at info@covertechnologies.ca. Additional information can be found by viewing the Company’s filings at www.sedar.com.


https://www.globenewswire.com/news-release/2021/09/22/2301229/0/en/Cover-Technologies-Begins-Development-of-ElectrumX-Metals-Spot-Market-Under-Leadership-of-New-CTO-Steven-Dryall.html
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