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PlasCred Extends Private Placement to Boost Recycling Initiatives

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PlasCred Extends Private Placement to Boost Recycling Initiatives

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An update from Cover Technologies ( (TSE:PLAS) ) is now available.

PlasCred Circular Innovations Inc. announced an extension of its strategic non-brokered private placement closing to July 14, 2025. The funds raised will support the construction of the Neos facility, enhance engineering and R&D, secure equipment, expand marketing, and cover general corporate needs. This move is expected to bolster PlasCred’s position in the circular plastics economy and advance its vision of a climate-positive future.

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 become one of the largest advanced plastic waste recyclers in North America and globally, leveraging its patent-pending technology and strategic partnerships with companies like CN Rail and Palantir Technologies Inc. to enhance logistics, operational intelligence, and revenue stability.

Average Trading Volume: 118,633

Technical Sentiment Signal: Sell

Current Market Cap: C$3.03M

Find detailed analytics on PLAS stock on TipRanks’ Stock Analysis page.

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