Cover Technologies Inc.
Cover Technologies Inc. is the development and commercialization of technologies for the processing and production of magnesium (Mg) metal, Mg-related compounds, by-products and co-products from already mined, above ground serpentinite tailings. Cover Technologies' goal is to become the lowest cost producer of Mg metal in the world by producing Mg at a price equivalent to Aluminum. Cover Technologies' potential is evidenced by the fact that it has received support from both the Federal and Provincial governments and is in the process of negotiating further support.
Cover Technologies Inc. (COVE)
Le 23 août/August 2021
Further to bulletin 2021-0531, the transaction previously announced by Cover Technologies has instead been structured as an acquisition rather than a fundamental change.
Disclosure documents are available at www.thecse.com