This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:WCB Capital details Greenpath Eco QT 2009-09-09 13:29 ET - News Release Mr. Donald Constable reports WCB CAPITAL LTD. ANNOUNCES PARTICULARS OF QUALIFYING TRANSACTION TO ACQUIRE GREENPATH ECO GROUP INC.
WCB Capital Ltd. has released particulars of the agreement in principle between the corporation and Greenpath Eco Group Inc., an Ontario corporation, dated Sept. 1, 2009. The transaction contemplated by the agreement, if completed, will be the corporation's qualifying transaction pursuant to the policies of the TSX Venture Exchange.
Greenpath is in the clean-tech sector and is a certified waste processor/diverter that uses patented and proprietary technologies to repurpose different landfill-destined waste streams into high-quality products. Greenpath was founded in July, 2007, and commenced actively carrying on business in October, 2008, and has focused primarily on researching and developing green solutions to address present environmental challenges. Greenpath has developed a proprietary line of construction products made from recycled materials that are durable, aesthetically pleasing, easy to install and less costly. Greenpath has also entered into a long-term materials supply agreement with the Regional Municipality of Peel. Greenpath's head office is in Mississauga and principally carries on business in Ontario, although the corporation is actively pursuing business opportunities in other provinces, in North America and globally.
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