Earth Alive Clean Technologies (TSE:EAC) has released an update.
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Earth Alive Clean Technologies has filed a notice of intention under the Bankruptcy and Insolvency Act to stabilize its financial situation and seek potential investors. The company has secured interim financing of up to C$1.72 million from its directors to support its operations during this process, but trading of its shares remains halted on the TSX Venture Exchange.
For further insights into TSE:EAC stock, check out TipRanks’ Stock Analysis page.