The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of certain assets and liabilities including the grant of an exclusive licence in Canada to use the vendor's patented EBTL and BGTL technologies and related intellectual property, as well as an exclusive licence in the United States for creosote and treated wood waste. The consideration paid is 906,475,706 common shares of the company with 770,504,350 common shares issued at closing and 135,971,356 common shares to be issued when the indemnity provisions are met.

For further details, please refer to the company's news releases dated Sept. 20, 2023, and Nov. 10, 2023.