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Saltbae Capital Corp C.CUBE

Alternate Symbol(s):  CECBF

Saltbae Capital Corp., formerly CellCube Energy Storage Systems Inc., is a Canada-based company. The Company's acquisition of the assets of Gildemeister Energy Storage GmbH has transformed the Company and its subsidiary, Enerox GmbH, into an integrated resource and energy storage company. The Company is focused to deliver vertically integrated energy storage solutions to utilities and independent power producers for both, stand-alone energy storage projects, as well as projects where energy storage enhances the value proposition from renewable energy generation.


CSE:CUBE - Post by User

Bullboard Posts
Post by Kleptocracyon Oct 03, 2019 9:24am
293 Views
Post# 30191316

Selling out

Selling outTORONTO, Oct. 03, 2019 (GLOBE NEWSWIRE) -- CellCube Energy Storage Systems Inc. (“CellCube”) (CSE:CUBE) (OTCQB CECBF) (Frankfurt 01X, WKN A2JMGP), and for and on behalf of its wholly-owned subsidiary Enerox GmbH (“Enerox”) and Pedro Resources Ltd. (PED-H.V) (“Pedro”)(collectively, CellCube and Pedro are referred to as the “Parties”), are pleased to announce that they have entered into a non-binding term sheet (the “Term Sheet”) pursuant to which, among other things, Pedro intends to purchase all of the assets of EnerCube Switchgear Systems Inc. (“EnerCube”) and PowerHaz Energy Mobile Solutions Inc. (“PowerHaz”), subsidiaries of CellCube (the “Proposed Transaction”).
Bullboard Posts