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Cover Technologies ( (TSE:PLAS) ) has issued an update.
PlasCred Circular Innovations Inc. has successfully closed a non-brokered private placement, raising $819,000 to fund the construction of its Neos facility and other corporate initiatives. This strategic move is expected to bolster the company’s position in the circular plastics economy by enhancing its operational capabilities and expanding its market reach.
More about Cover Technologies
PlasCred Circular Innovations Inc. is a leader in the advanced plastic waste recycling sector, aiming to transform plastic waste into valuable resources. The company is focused on becoming a major player in North America and globally, leveraging its patent-pending technology and strategic partnerships with companies like CN Rail and Palantir Technologies to enhance logistics and operational intelligence.
Average Trading Volume: 86,794
Technical Sentiment Signal: Sell
Current Market Cap: C$4.64M
See more data about PLAS stock on TipRanks’ Stock Analysis page.