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Earth Alive Clean Technologies Initiates Sale Transaction Amid Insolvency Proceedings
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Earth Alive Clean Technologies Initiates Sale Transaction Amid Insolvency Proceedings

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The latest announcement is out from Earth Alive Clean Technologies ( (TSE:EAC) ).

Earth Alive Clean Technologies Inc. announced its intention to complete a sale transaction with 9530-8086 Québec Inc., initiated as part of the company’s proceedings under the Bankruptcy and Insolvency Act in Canada. The transaction, which requires court approval, involves the assumption of most of the company’s debt and the retention of all employees, positioning the purchaser to acquire all issued and outstanding common shares of the company.

More about Earth Alive Clean Technologies

Earth Alive Clean Technologies Inc. is a leader in the microbial technologies industry, offering innovative products for regenerative agriculture, natural dust suppression with minimal water use, and ecological, human-friendly industrial cleaning.

YTD Price Performance: 0.0%

Average Trading Volume: 10,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$2.89M

Learn more about EAC stock on TipRanks’ Stock Analysis page.

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