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Stardust Solar Energy Inc. ( (TSE:SUN) ) just unveiled an update.
Stardust Solar Energy Inc. has received a full settlement payment from SinuSafe Medical Ltd. amounting to $395,208, resolving a secured loan agreement. This settlement allows Stardust to release previously imposed liens and restrictions on SinuSafe’s patents and intellectual property, potentially enhancing its operational liquidity and reducing legal entanglements. This financial resolution reinforces Stardust’s market position in the renewable energy sector by improving its cash flow.
More about Stardust Solar Energy Inc.
Stardust Solar Energy Inc. is a North American franchisor specializing in renewable energy installation services. The company provides solar panels, energy storage systems, and electric vehicle supply equipment. Stardust supports its franchisees with a range of services, including marketing, sales, engineering, and project management to facilitate residential and commercial clean energy system installations.
YTD Price Performance: 0%
Average Trading Volume: 74,719
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.86M
For an in-depth examination of SUN stock, go to TipRanks’ Stock Analysis page.