1 April 2019 – update on proposed sale of Greenlane Biogas
Further to the update on 1 February 2019, on the proposed sale of Pressure Technologies’ wholly-owned subsidiary, PT Biogas Holdings Limited, trading as Greenlane Biogas to Creation Capital Corp the conditional Sale and Purchase Agreement was signed on 1 April and the process to spin-out Greenlane Biogas and list the business on TSX-V, via the sale to Creation Capital, is moving towards completion. BUY FOR RECOVERY.