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An announcement from Sensor Technologies Corp ( (TSE:BHCC) ) is now available.
Blue Horizon Global Capital Corp has announced its intention to acquire a significant stake in C2 Technology Innovations Ltd, an Ontario-based company known for its groundbreaking technological advancements. The acquisition, valued at $30 million, will be structured in three tranches, involving a combination of common shares, a secured convertible debenture, and cash. This strategic investment highlights Blue Horizon’s dedication to supporting transformative technologies, such as perovskite photovoltaics and solid-state battery systems, which have the potential to revolutionize sectors like renewable energy and energy storage. The acquisition is subject to customary closing conditions and regulatory approvals, underscoring its potential impact on Blue Horizon’s operations and industry positioning.
More about Sensor Technologies Corp
Blue Horizon Global Capital Corp is a dynamic investment company focused on identifying and nurturing innovative enterprises. The company is committed to fostering companies with exceptional projects and disruptive technologies across high-growth sectors.
Technical Sentiment Signal: Sell
Current Market Cap: C$1.71M
For detailed information about BHCC stock, go to TipRanks’ Stock Analysis page.