The latest announcement is out from Cover Technologies ( (TSE:PLAS) ).
PlasCred Circular Innovations Inc. has announced a non-brokered private placement to raise up to $500,000, which will fund the company’s ongoing business initiatives such as engineering advancements for the Neos facility and R&D efforts. This move supports PlasCred’s goal of enhancing its process efficiency and securing long-term growth, positioning the company as a significant player in the recycling industry.
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 creating a climate-positive future and aspires to be a major player in the global recycling market. PlasCred’s innovative technology and strategic partnerships with companies like CN Rail and Palantir Technologies support its leadership in the circular plastics economy.
YTD Price Performance: 77.78%
Average Trading Volume: 192,770
Technical Sentiment Signal: Buy
Current Market Cap: C$3.89M
For detailed information about PLAS stock, go to TipRanks’ Stock Analysis page.