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Cover Technologies ( (TSE:PLAS) ) has provided an announcement.
PlasCred Circular Innovations Inc. announced the first closing of its strategic non-brokered private placement, increasing the offering size to $1,000,000 due to strong investor interest. The proceeds will fund the construction of the Neos facility, enhance engineering and R&D, and support marketing and corporate activities, positioning PlasCred for growth in the circular plastics economy.
More about Cover Technologies
PlasCred Circular Innovations Inc. is a leader in the advanced plastic waste recycling sector, focusing on transforming plastic waste into valuable resources. The company aims to be a major player in North America and globally, leveraging its patent-pending technology to revolutionize plastic waste management. PlasCred has strategic partnerships with companies like CN Rail and Palantir Technologies, providing it with strong logistics and operational intelligence.
YTD Price Performance: 44.44%
Average Trading Volume: 196,647
Technical Sentiment Signal: Buy
Current Market Cap: C$3.16M
See more insights into PLAS stock on TipRanks’ Stock Analysis page.
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