SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (56387)3/25/2019 6:15:47 AM
From: Goose94Read Replies (1) | Respond to of 203353
 
EnviroLeach Technologies (ETI-Cse) Receives $6.1 Million in Net Proceeds Through the Exercise of Warrants

Mar 25, '19 - NR

EnviroLeach Technologies announces that it has realized net proceeds of $6,103,000 from the 100% redemption of previously issued warrants. Each warrant allowed holders to purchase a common share.

The exercised warrants were issued to investors in connection with the initial listing of the Company in March 2017 and had an expiration date of March 21, 2019. As of the date of this news release, the Company has 70,242,000 common shares issued and outstanding.

Duane Nelson, President and CEO of EnviroLeach, stated; “The strengthening of our balance sheet due to the exercise of these warrants, helps to mitigate risk and advance our ongoing commercialization initiatives, therefore creating additional value for our shareholders. We appreciate this vote of support from our warrant holders.”

About EnviroLeach Technologies Inc.

EnviroLeach Technologies is a technology company engaged in the development and commercialization of environmentally-friendly technologies for the recovery of precious metals in the E-Waste and Mining sectors. Using its proprietary non-toxic, water-based, and near neutral pH treatment process, EnviroLeach extracts precious metals from mining ores, concentrates, and E-Waste using only FDA approved additives at ambient temperatures.

Backed by a staff of highly experienced scientists and engineers, and based on years of research, including independent validations and pilot scale test programs, EnviroLeach’s technology is poised to become the world standard in eco-friendly extraction of precious metals in both the conventional mining and E-Waste sectors.

Further information is available on the EnviroLeach web site: https://enviroleach.com