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 > AXE CLOSED ONLY $ 448,278 Of $ 2M NB PP Today

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Comment by ztransforms173on Aug 22, 2023 6:39pm

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Post# 35600809

RE:RE:RE:RE:RE:RE:AXE CLOSED ONLY $ 448,278 Of $ 2M NB PP Today

- WHICH milestone was REACHED to get the CASH REBATE so soon ?

- POWER UP HEATING {a LIKELY milestone ?} could take us to MAYBE September 19, 2023

- we ALREADY KNOW in the Q2/2023 MD&A that their FIRST REBATE CLAIM has been FORWARDED but NO PROCEEDS have been received by August 17, 2023

- they NEED AT LEAST $ 765,000 to repay the promisory note IN FULL on November 30, 2023

z173

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