03:18:46 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Targeted Microwave Solutions Inc
Symbol TMS
Shares Issued 179,500,076
Close 2015-05-22 C$ 0.25
Market Cap C$ 44,875,019
Recent Sedar Documents

ORIGINAL: Targeted Microwave Solutions Announces Shares Commence Trading on the CSE under the Symbol TMS

2015-05-22 19:47 ET - News Release

Targeted Microwave Solutions Announces Shares Commence Trading on the CSE under the Symbol TMS



Vancouver, British Columbia (FSCwire) - Targeted Microwave Solutions Inc. (CSE: TMS) ("TMS" or the "Company") announced today the listing of its common shares (the "TMS Shares") on the Canadian Securities Exchange (the "CSE"). The TMS Shares commenced trading on the CSE effective at the open of the market today under the symbol "TMS".

 

About Targeted Microwave Solutions Inc.

 

TMS is focused on commercializing its unique, clean-coal upgrading technology, a low-cost microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process is expected to provide significant financial benefits to coal-fired electrical generating utilities such as: cost savings from switching to low-rank coal, increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury may also be derived from implementation of the Company's technology. TMS is currently constructing a commercial-scale reactor facility in King William County, Virginia, U.S.A. and has entered into joint ventures for China, India and elsewhere in Asia to develop and market its technology.

 

On behalf of the Board of Directors,

 

"Dr. James Young"

Chairman of the Board of Directors

 

For further information, please contact:

 

Targeted Microwave Solutions Inc.

Telephone: (778) 995 5833 

office@mticoal.com

 

FORWARD-LOOKING STATEMENTS

 

This press release contains certain forward-looking statements that reflect the current views and/or expectations of the Company with respect to its performance, business and future events.  In particular, this press release contains forward-looking statements relating to the expansion of research and development activities and the construction of the Virginia Plant. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that the Company will continue expanding its research and development activities; and that the Company will complete the construction of the Virginia Plant. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, that the Company may not complete construction of the Virginia Plant as and when expected or at all. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/TargetedMicMay222015.pdf

Source: Targeted Microwave Solutions Inc. (CSE:TMS)

 

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