Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Co2 Solutions Inc COSLF

Industrials Pollution & Treatment Controls
CO2 Solutions Inc is a Canada-based firm engaged in the development of proprietary technologies for capturing and producing of carbon dioxide. The company is focused on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery, pulp and paper, water treatment, greenhouses, beverage carbonation, and other uses. Most of its revenue comes from the Canada market, while it also has a presence in the United States and European countries.


GREY:COSLF - Post by User

Co2 Solutions Inc > Which lender bailed on CST?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(30)
•••
Post by Co2Harveston Oct 25, 2019 9:48pm
126 Views
Post# 30272030

Which lender bailed on CST?

Which lender bailed on CST?From this article, they had only one lender: Canada Economic Development. They also received support from SDTC (grant) and Fonds Vert (not specified) but CED is the only one referred to in this article as "lender". Manherz contributed $500k I think (not mentioned)? And about $400k combined came from RFP and ST according to the 2016 announcement. Assuming that's all correct and there were no other lenders, it was CED who bailed and in that case shame on CED. It's so sad to see this company in this situation because of a <$3m overrun on a technology that would indeed contribute to economic development in quebec. instead, $80m of investments made over 20 years could leave assets that get gobbled up for pennies. https://www.greenhousecanada.com/news/carbon-capture-unit-to-divert-co2-to-greenhouse-32941 overrun="" on="" a="" technology="" that="" would="" indeed="" contribute="" to="" economic="" development="" in="" quebec.="" instead,="" $80m="" of="" investments="" made="" over="" 20="" years="" could="" leave="" assets="" that="" get="" gobbled="" up="" for="" pennies.="">
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities