Acceleware Ltd V.AXE

Alternate Symbol(s): ACWRF

Technology Software - Application

Acceleware Ltd. is a Canada-based company that develops clean-tech decarbonization technologies. The Company has two business units: Radio Frequency Heating Technology and Seismic Imaging Software. Its segments include High-Performance Computing (HPC) and RF Heating. Its HPC segment sells proprietary high-performance computing software and related consulting services and training programs primarily to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the Company’s proprietary enhanced heavy oil and oil sands production technology. It is focused on developing RF XL, a patented low-carbon production technology for heavy oil and oil sands. Its RF XL technology eliminates greenhouse gas (GHG) emissions associated with heavy oil and oil sands production. Its seismic imaging software solutions are for high fidelity imaging, providing the advanced imaging available for oil exploration in complex geologies.

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Acceleware Ltd

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Post by TAswingon Oct 13, 2016 2:34pm

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Post# 25340457

Last email received from the CEO about PP

I sent another email to the CEO asking about the PP to know if we could expect to get more details about who hparticipated to it, nothing new...

" Thanks for the email. We provided the information about the insider participation because we are required to, by law. We won’t be providing any additional information about individuals and companies that may have participated in the private placement in the interest of confidentiality.

Regards,

Geoff "

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