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U.N. chief welcomes announcements made in Climate Summit

U.N. chief welcomes announcements made in Climate Summit

United Nations Secretary-General Ban Ki-moon welcomed bold new actions to addres...

Climate Summit sees intiatives and commitments

Climate Summit sees intiatives and commitments

Various bodies and entities on the Climate Summit in New York have announced the...

Climate Rally reaches 310,000 participants

Climate Rally reaches 310,000 participants

The number of people who joined the People’s Climate March this September 21 rea...

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

China has taken a big step towards reducing its hydrochlorfluorocarbons by closi...

Ozone layer on road to recovery – U.N.E.P., W.M.O.

Ozone layer on road to recovery – U.N.E.P., W.M.O.

The ozone layer is on the road to recovery, but unified action is still needed t...

Green vacation: Go on an eco-friendly safari

Green vacation: Go on an eco-friendly safari

The primary goal of modern-day eco-friendly African safaris is to lessen the ove...

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could be looking at economic losses of around 2 ...

Business

Technology

New oxygen-removing catalyst developed for better biofuel production

New oxygen-removing catalyst developed for better biofuel production

Thursday, 23 October 2014

Researchers from Washington State University have developed a new catalyst that can remove oxygen from plant-based materials for a more efficient biof...

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Politics

New Yorkers support renewables, opposes fracking – N.R.D.C. poll

New Yorkers support renewables, opposes fracking – N.R.D.C. poll

Sunday, 12 October 2014

A state-wide poll commissioned for the Natural Resources Defense Council reveals that New Yorkers oppose fracking and support clean, renewable energy....

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Living Green

Why saving chinchillas is important for saving the earth

Why saving chinchillas is important for saving the earth

Friday, 24 October 2014

Chinchillas make expensive pets and they are a long time commitment as well. They have a life span of around 15 to 20 years. Hence, people who adopt t...

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Renewables

World’s largest convention center solar array completed in Las Vegas

World’s largest convention center solar array completed in Las Vegas

Tuesday, 28 October 2014

The world’s largest rooftop solar array on a convention center has been completed at the Mandalay Bay Resort and Casino in Las Vegas. NRG Energy, Inc....

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Low-Carbon

What needs to be injected In the core DNA of urbanity

What needs to be injected In the core DNA of urbanity

Thursday, 23 October 2014

Urbanization has taken an unprecedented upward turn in recent years. In 2007, half of the world’s population – around 3.6 billion people – lived in ur...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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HTC Purenergy amends conditions for its common stock purchase warrants, stock rises


Logo of HTC Purenergy Inc. Image courtesy of HTC
Purenergy Inc.

Canadian carbon capture and storage company HTC Purenergy announced on May 22 that it has amended the terms of common purchase warrants issued October 12, 2007.

HTC Purenergy said that it will delete the acceleration event clause for the warrants to be purchased at CA$3 per common share, which is set to expire on October 12, 2010. The deleted acceleration clause stated that if public price of HTC’s common shares reached CA$5 or more for 20 consecutive trading days, then the exercise period for the warrants would be accelerated before the October 12, 2010 expiry.

The amendments have been approved by all warrant holders and the board of directors of HTC Purenergy.

HTC Purenergy specializes in carbon dioxide capture and storage technologies. HTC Purenergy is publically traded on the TSX Venture Exchange as HTC. The stock was up 18.48% on May 22, closing at CA$2.5.


-
Mike R. Lopez


Source:

1 Market Wire

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