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Minnova Corp. Eyes Restructuring Amidst Growth

Minnova Corp. Eyes Restructuring Amidst Growth

Minnova Corp (TSE:MCI) has released an update.

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Minnova Corp., a cleantech company, is pushing forward with its diverse portfolio, which includes the PL Gold Mine, renewable energy projects focusing on green hydrogen production, and a clean energy hub initiative. The firm is also contemplating a corporate restructuring to create separate entities for each project to enhance shareholder value. However, negotiations with DUMA Engineering have ceased due to unresolved issues, and Minnova may seek legal action if a satisfactory agreement remains elusive.

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

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