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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

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

Post by ztransforms173on Nov 01, 2023 3:44pm
116 Views
Post# 35711960

Acceleware Should TALK To Athabasca Oil For RF XL Investment

Acceleware Should TALK To Athabasca Oil For RF XL Investment
from ATH Q3/2023 report:

* CASH BALANCE of $ 337 MILLION @ 9/30/2023

* BOP of 31,700 bbls/d at 2 SAGD sites (Liesmer + Hangingstone)

- they are NOT part of the Pathways Alliance

- they have a DEAL with ENTROPY INC. (part of Advantage Energy: T-AAV) for CCS

z173


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