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Earthworks Industries ( (TSE:EWK) ) has provided an update.
Earthworks Industries Inc. has successfully closed a fully subscribed $500,000 private placement, selling 10 million units at $0.05 per unit, and issuing warrants for additional share purchases. This financial move, involving sales to company directors and finders fees, strengthens its market position. Additionally, the company is actively pursuing legal action against the U.S. Department of the Interior regarding the cancellation of a lease held by its subsidiary, Cortina Integrated Waste Management Inc. Earthworks remains optimistic about reinstating the lease and continues to explore opportunities in the waste management sector.
More about Earthworks Industries
Earthworks Industries Inc. operates in the waste management industry, focusing on environmentally responsible waste handling practices and strategic locations. It is involved in initiatives that meet high environmental standards.
YTD Price Performance: 0.0%
Average Trading Volume: 94,361
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$4.53M
For an in-depth examination of EWK stock, go to TipRanks’ Stock Analysis page.
