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Hillcrest Energy Cancels Private Placement Plan

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Hillcrest Energy Cancels Private Placement Plan

Hillcrest Energy Technologies (TSE:HEAT) has released an update.

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Hillcrest Energy Technologies has decided to cancel its previously announced non-brokered private placement to better align with its strategic goals and shareholder value. Additionally, the company has reclaimed over 3.7 million incentive shares from executives and directors, returning them to the treasury.

For further insights into TSE:HEAT stock, check out TipRanks’ Stock Analysis page.

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