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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 ...

South Asian countries face economic losses due to climate change – A.D.B. report

South Asian countries face economic losses due to climate change – A.D.B. report

Various countries in the South Asian region are looking at significant losses du...

World Bank aids Laos’ hydropower with $40 million in financing

World Bank aids Laos’ hydropower with $40 million in financing

The World Bank Group has inked two agreements for around $40 million in financin...

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Wind turbine manufacturer Vestas and private energy asset developer EP Global En...

World Bank commits $5 billion for African renewable energy projects

World Bank commits $5 billion for African renewable energy projects

The World Bank Group has committed US$5 billion towards supporting energy projec...

Seven creative ways to teach your kids about eco-living

Seven creative ways to teach your kids about eco-living

According to Bureau of Labor Statistics, 3.1 million jobs in the United States w...

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

The Asian Development Bank will provide Indonesia a loan of up to $50 million to...

Business

Technology

Chewing produces power with new energy harvesting chin strap

Chewing produces power with new energy harvesting chin strap

Thursday, 18 September 2014

The newest clean energy source could be your own jaw. According to a group of researchers in Canada, jaw movements – from eating, chewing and talking ...

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Politics

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

Tuesday, 16 September 2014

China has taken a big step towards reducing its hydrochlorfluorocarbons by closing down five HCFC production lines. The closure of the five HCFC produ...

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Living Green

Nineteen easy ways students can help save Mother Earth

Nineteen easy ways students can help save Mother Earth

Thursday, 18 September 2014

Students are young, creative, energetic and outspoken that is why they have the perfect qualities to help save mother earth. They can be great eco-war...

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Renewables

Low-Carbon

How green energy is used as a good business magnet

How green energy is used as a good business magnet

Thursday, 18 September 2014

The impetus for businesses turning to renewable energy is simple: to fight climate change. There’s no resource more important than the planet we live ...

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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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