Cover Technologies Inc. (TSE:PLAS) has released an update.
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PlasCred Circular Innovations Inc. has struck a deal with Nimbus Capital for a potential $10 million investment to boost its plastic upcycling technology and expansion efforts. The agreement with the Panama-based investment group will support PlasCred’s North American and global growth, including a possible venture into Panama to leverage the country’s strategic position in international trade. The funding will enhance PlasCred’s operations and further their environmental sustainability initiatives.
For further insights into TSE:PLAS stock, check out TipRanks’ Stock Analysis page.
