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CHAR Technologies Ltd V.YES

Alternate Symbol(s):  CTRNF

CHAR Technologies Ltd. is a Canada-based cleantech development and environmental services company. The Company is specialized in high temperature pyrolysis (HTP), converting woody biomass and organic materials into renewable energy (renewable natural gas (RNG) or green hydrogen) and valuable biocarbon (biocoal CleanFyre, biochar, or activated biochar SulfaCHAR). Its additional services include environmental compliance, environmental management, engineering and resource efficiency. The Company's subsidiaries include Char Biocarbon Inc., Altech Environmental Consulting Ltd., Char Technologies Thorold Inc., and Char Technologies USA, LLC.


TSXV:YES - Post by User

Comment by BCONTVentureson Jul 05, 2023 6:58am
79 Views
Post# 35526846

RE:New Press Release - CHAR Technologies Announces C$6.6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase Agreement

RE:New Press Release - CHAR Technologies Announces C$6.6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase AgreementExcellent news!  Great work Andrew and Team!  Note this from today's news release (NR): 

"Prior to the Offering, ArcelorMittal did not own or have control over any securities of CHAR, and following completion of the Offering, ArcelorMittal holds approximately 11.09% of the Company’s Common Shares on a non-diluted basis, and 13.87% of the Company’s Common Shares on a partially diluted basis."

https://ceo.ca/@globenewswire/char-technologies-announces-c66m-strategic-investment

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