Cleantek Industries Inc. (TSE:CTEK) has released an update.
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Cleantek Industries Inc. has successfully negotiated the forgiveness of over 7% of its long-term debt, resulting in significant annual savings and a stronger financial foundation. This strategic move not only improves the company’s balance sheet but also supports the advancement of its innovative water evaporation technology.
For further insights into TSE:CTEK stock, check out TipRanks’ Stock Analysis page.