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An update from Leaf Resources Limited ( (AU:FGH) ) is now available.
Foresta Group Holdings has extended and amended its exclusive technology licence agreement with E3 Carbon, pushing the deadline for satisfying key conditions from 31 December 2025 to 31 December 2027 and solidifying its rights to use E3 Carbon’s advanced torrefaction technology in Australia and New Zealand. The revised deal requires E3 Carbon to deliver a comprehensive intellectual property strategy, including patent coverage in both markets, confirms Foresta’s exclusive licence as unconditional until the end of 2027, and outlines a pathway for converting the licence into a perpetual, irrevocable, exclusive and royalty-bearing arrangement once further conditions, such as an equipment supply agreement with Ceramic Drying Systems, are met, thereby providing a more certain framework for Foresta’s biocarbon strategy in the Australasian region.
More about Leaf Resources Limited
Foresta Group Holdings Limited is a leading manufacturer of natural and renewable pine chemicals and biomass pellets, aiming to become a major global supplier in this niche. Using a proprietary process that harnesses the tree’s own solvent chemicals, the company extracts rosin and terpenes used as key industrial inputs in products such as adhesives, gums, inks, paints, car tyres and perfumes.
Average Trading Volume: 2,318,844
Technical Sentiment Signal: Buy
Current Market Cap: A$114M
Find detailed analytics on FGH stock on TipRanks’ Stock Analysis page.