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An update from Delta Cleantech, Inc. ( (TSE:DELT) ) is now available.
Delta CleanTech Inc. has announced an asset sale agreement with Scovan Inc. to sell its emissions reduction divisions, including CO2 capture assets, for up to $1,050,000 and project royalties of up to $15,300,000 over seven years. This strategic move allows Delta to benefit from ongoing royalty revenue and enhance Scovan’s position in the carbon capture market. The transaction signifies a new chapter for carbon capture advancement in Western Canada, with Scovan leveraging Delta’s expertise to provide enhanced value to clients.
More about Delta Cleantech, Inc.
Delta CleanTech Inc. is a 19-year ESG-driven global technology leader specializing in CO2 capture, decarbonization of energy, solvent and glycol reclamation, blue hydrogen production, and carbon credit aggregation and management.
YTD Price Performance: 75.00%
Average Trading Volume: 69,201
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$4.03M
For a thorough assessment of DELT stock, go to TipRanks’ Stock Analysis page.
