Green Equity - July 10, 2024
News about stocks involved in environmental markets.
Green Equity is a daily series dedicated to tracking emerging investment opportunities in environmental markets. Notable events include green investments, fundraising, M&A, and new public listings.
News From Public Companies
BQE Water (BQE), a mining water treatment services provider, has secured a contract for laboratory testing and conceptual engineering of a non-biological selenium removal water treatment plant using its patented Selen-IX™ technology for a mine in Latin America. The Selen-IX™ technology effectively removes selenium from wastewater, producing non-hazardous solid residue, and has been successfully implemented at several sites in North America.
American Battery Technology Company (ABAT) has achieved a significant milestone by entering a binding purchase agreement for its recycled black mass material with a domestic strategic customer (unnamed). The black mass material, recycled from lithium-ion batteries, contains valuable metals like lithium, nickel, and cobalt, which are essential for manufacturing new batteries for electronics, grid storage systems, and electric vehicles.
Dragonfly Energy Holdings (DFLI), an energy storage firm, has formed a strategic partnership with Fraserway RV, Canada’s largest RV dealer group. This collaboration strengthens Dragonfly Energy’s presence in North America, allowing Fraserway RV dealerships across Canada to stock and install Battle Born Batteries as an upgrade option for customers.
Nickel 28 Capital Corporation (NKL) has announced a proposed normal course issuer bid (NCIB) to repurchase its common shares, as part of a new shareholder capital return policy. The NCIB will allow Nickel 28 to buy back up to 7,153,629 shares, around 7.9% of its outstanding shares, through the TSX Venture Exchange, with Haywood Securities Inc. administering the bid.