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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Technology Software - Application
Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Acceleware Ltd
Bullboard Posts
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(59)
•••
Post by blitzer2on Jun 18, 2019 6:45pm
124 Views
Post# 29837915

Two recent encouraging pieces of news IMO...

Two recent encouraging pieces of news IMO... ... that hopefully could eventually boost some momentum for AXE and
their oil sands projects and developments. 

- The recent approval today of the Trans Mountain expansion project
- GMP's buyout by the US Stifel company

The first one is obviously a final sigh of relief for the Oil Sands industry.
Getting the pipeline project going designed to carry nearly a million barrels
of oil from Alberta's oilpatch to the B.C. tidewater each day for shipment to
lucrative markets in Asia. This will hopefully ensure Canada is not dependent
on selling its natural resources to one customer — the United States.

The second one could possibly help AXE to broaden the scope of their
opportunities from US markets regarding their investment requirements
for their RF XL projects etc. This given that Stifel’s revenue is mostly derived
from the U.S.

https://business.financialpost.com/investing/how-stifels-strategic-focus-on-mid-market-led-it-to-gmp-deal?utm_source=Sailthru&utm_medium=email&utm_campaign=Financial%20Post%20Posthaste%20%202019-06-18&utm_term=FP_ExecSummary
 
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