HTC Purenergy Inc V.HTC

Alternate Symbol(s): HTPRF

Chemicals Specialty Chemicals

HTC Purenergy Inc., doing business as HTC Extraction Systems, is a Canada-based development stage company. HTC Extraction Systems is a hemp biomass extraction and formulation company and a developer of patented technologies designed for the extraction of biomass, gas and liquids, as well as the distillation and purification of ethanol and ethanol-based solvents used in extraction. HTC technologies are designed to provide biomass extraction and ethanol purification solution and clean energy solutions. HTC clean energy divisions develop gas and liquid extraction systems that is designed for the extraction of gas and liquids and the distillation and purification of ethanol and ethanol- based solvents, and glycols used for the extraction. It also provides Delta Purification System, which removes the impurities that build up in ethanols, glycols and liquids used as solvents in commercial extraction systems. The system allows these liquids to be reclaimed, recycled and reused.

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HTC Purenergy Inc > Sept 15 dividend

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Comment by lscfaon Jan 08, 2023 9:24pm

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Post# 35210243

RE:RE:RE:RE:RE:Sept 15 dividend

Holds 8 million shares of DELT.

The Corporation holds 11.23% ownership interest in Starling at September 30, 2022 and December31,2021,subjecttoTSXVentureExchangeapproval. HTCacquired$5,000,000 investment in Starling on acquisition at December 31, 2021, however, based on performance in the industry the investment has been impaired to FMV at December 31, 2021.

As at December 31, 2021, the Corporation has Canadian non-capital loss carry-forwards of approximately $17,356,396 (December 31, 2020 – $12,040,000) which may be carried forward to apply against future income tax for Canadian income tax purposes. These non-capital loss carry-forwards begin to expire in 2037.

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