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Zinc8 Energy Solutions ( (TSE:ABND) ) has shared an update.
ABOUND Energy Inc. has announced a non-brokered private placement offering to raise up to $1,000,000, which will support the deployment of its NOVARE resource recovery technology and integration with Zaeras™ energy storage solutions. This strategic move aims to enhance ABOUND’s operational capacity and strengthen its position in the clean energy and resource recovery sectors. Additionally, ABOUND has arranged debt settlements with company officers and granted stock options to certain directors and consultants, further solidifying its financial and operational foundation.
More about Zinc8 Energy Solutions
ABOUND Energy Inc. is a company that specializes in developing scalable, environmentally friendly, long-lasting energy technology. Their patented Zaeras™ technology focuses on long-duration energy storage using zinc-air chemistry, which allows for the storage and on-demand delivery of electricity without the environmental risks associated with current market leaders.
Average Trading Volume: 21,238
Technical Sentiment Signal: Sell
Current Market Cap: C$1.45M
Find detailed analytics on ABND stock on TipRanks’ Stock Analysis page.