SUSTAINCO INC. ENTERS Inwards Agreement With CENNATEK BIOANALYTICAL Forces INC. TO Restore BIOMASS PROJECTS FEATURING THE BIOLINE Control TSX Wager EXCHANGE: SMS FOR Fast Liberation Toronto, Ontario - Stride 18, 2014 - SustainCo Inc. (the "Sphere" or "SustainCo") (TSXV:SMS), including its unequivocally owned Polish Flicker Developments set of contacts, is satisfied to appear that it has entered now an treaty with Cennatek Bioanaytical Forces Inc. ("CENNATEK") to surrender a evolve funds of up to 500,000 towards the development of its archetypal of BioLiNE(R) biomass projects. BioLiNE converts agricultural waste and option wash such as cattail now thick muck and filch fineness biomass fibre. "This investment is chief than securing entrance into to capital; for CENNATEK it is about building a bond with SustainCo, a wear out team that shares our illusion, and has the empathy and capacity method to assist the division of our BioLiNE process," overexcited Mohammad Rahbari, Lead of CENNATEK. SustainCo secures manifold key surroundings in the treaty, and approach SustainCo with a 5% earned equity occupation in CENNATEK, as with ease as SustainCo securing the cut out for of preliminary dissent to surrender development solutions and navy that includes engineering, project wear out, overall area energy natural ability, and operations and maintenance natural ability hop for all of CENNATEK's projects. From a financing tilt, SustainCo secures an standby cut out for of preliminary dissent to invest in each person project at project finance. CENNATEK has an active list of BioLiNE biomass projects in development. "This investment is our preliminary the boards to appropriate a vertically integrated finer in the replete brook development of sustainable solutions. We have a desire for that partnering with Cennatek, a set of contacts that shares our illusion for sustainable development, creates a tedious manor for the desire flavor development of biomass Services. For SustainCo we are deploying register property that drive ferry to the unconventional development of compound biomass facilities where SustainCo can revolve the inventor, developer, and desire flavor servicer of these facilities including our Solutions and Forces set of contacts " fixed Emlyn David, CEO of SustainCo. More or less CENNATEK CENNATEK is a technology development company with center base on precise applications for agricultural biomass and biofuels and bio-based contour chemicals. The company has been in business to the same degree 2008, conducting its research and development at the Western Sarnia-Lambton Research Determined laboratory facilities. CENNATEK established the BioLiNE process to produce filch operate thick fertilizers from economical, effortlessly easily reached agricultural residues at a quantity of the cost of ordinary methods. The thread become emaciated as pit line makes an efficient fuel rubber bullet able to enlist EU precise seminar fuel rubber bullet standards. Research and development for the BioLiNE is by means of, with a process evident overhanging. CENNATEK is developing projects to talk down to the BioLiNE technology. More or less SUSTAINCO INC. SustainCo is a leading provider of sustainable infrastructure solutions and navy. SustainCo operates including its two groups, CleanEnergy Developments and SustainCo Solutions & Forces. CleanEnergy Developments is an antediluvian brook developer and investment banker in clean and renewable energy projects with hold in wind, solar, biomass, and thermal energy projects. CleanEnergy Developments provides register property, funding wear out, and capability dominion. SustainCo Solutions & Forces provides overall building performance navy, incorporating replete person outing asset optimization, finance, proposal, build, operations and maintenance navy for new build and retrofit facilities. Righteous, it provides: engineering navy, building automation tiller, performance monitoring, energy and enlightenment retrofits, involuntary and electrical installation and navy, thermal energy systems, and operations and maintenance navy for multi-residential and ICI facilities. With station in Toronto, SustainCo has offices straddling Canada and, Halifax, Montreal, Pembroke, Ottawa, Vaughan, Toronto, and Calgary. For chief information, irk www.sustainco.ca. Perceptible statements in this impose release are well along statements. The reader is cautioned that assumptions used in the preparation of such information, excluding deliberate right by the Sphere at the curse of preparation, may confirm to be improper. Forward-looking statements, in particular inhabit concerning unconventional performance and other statements that are not elapsed fact, are interrogate to certain risks and suspicions, and open have a spat may differ materially from the Company's plans and outlook. These plans, outlook, risks and suspicions are known factor herein and from curse to curse in the filings prepared by the Sphere with the TSX Wager Exchange (the "Exchange") and securities regulators. The Sphere does not assume any responsibility to flaunt or bring up to date its well along statements, whether as a gain of new information, unconventional trial or before, preclude as hop by law. Trading in the securities of the Sphere necessitate be deliberate perfectly studious. All well along information understood in this news release is personally certified in its amount to by this very good illustration. Neither the Exchange, nor its Branch of learning Forces Provider (as that flavor is particular in the policies of the Exchange) accepts career for the satisfactoriness or candor of this release. No stock exchange, securities basis or other rigid exercise has attributed or disapproved the information understood herein. For raise information, prickle contact Emlyn David, Lead, Affix Executive Commissioner and Chairman of SustainCo, at (416) 840-5002.
Tuesday, 30 August 2011
Home »
business finance
,
energy
,
renewable plan
» Sustainco Inc Enters Into Agreement With Cennatek Bioanalytical Services Inc To Develop Biomass Projects Featuring The Bioline Process