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The latest announcement is out from Earthworks Industries ( (TSE:EWK) ).
Earthworks Industries Inc. announced the closing of the first tranche of its private placement, raising $263,500 through the sale of 5,270,000 units, pending TSX Venture Exchange approval. Additionally, the company’s subsidiary, CIWM, is involved in a legal proceeding concerning the termination of its Cortina lease, with a court hearing scheduled for October 27, 2025. The outcome of this case could impact the company’s operations and its positioning in the waste management industry.
More about Earthworks Industries
Earthworks Industries Inc. operates in the waste management industry through its wholly owned subsidiary, Cortina Integrated Waste Management Inc. (CIWM). The company focuses on developing environmentally responsible disposal operations, with a market focus on waste management solutions in the United States.
Average Trading Volume: 46,474
Technical Sentiment Signal: Sell
Current Market Cap: C$5.54M
See more insights into EWK stock on TipRanks’ Stock Analysis page.