BluSky Carbon Inc.
Initial Public Offering - Preliminary - Monday, May 27, 2024
Company Description
Following the completion of the arrangement transaction whereby BluSky and Acquireco completed a merger and the surviving company became a wholly-owned subsidiary of the Corporation, BluSky Carbon Inc.'s business became the business of the Corporation being the conversion of organic and industrial wastes into biochar, renewable power and carbonate rocks, as well as the development and sale of carbon capture technology. The arrangement transaction assisted the Corporation in achieving its objective of acquiring assets and businesses in the carbon capture technology sector.
Address: |
220-333 Terminal Ave, Vancouver, British Columbia, V6A 4C1 Canada |
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Phone Number: | 604-365-0425 |
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Industry: | Specialty Industries |
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Proceeds
The net proceeds of the offering will be used for the facility expansion, the execution of marketing program, for research and development, general and administrative costs for 12 months and for unallocated working capital.
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Lead Underwriter: | Research Capital Corporation |
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