Welcome to our dedicated page for Envirometal Technologies news (Ticker: EVLLF), a resource for investors and traders seeking the latest updates and insights on Envirometal Technologies stock.
EnviroMetal Technologies Inc. reports developments tied to its proprietary non-cyanide gold recovery process, including pilot plant work, metallurgical process optimization, reagent-use research, and patent protection for precious metal recovery technology.
Company news also covers EnviroMetal's completed exit from electronic waste processing, its focus on licensing the EnviroMetal Process to gold miners, governance and management updates, disclosure clarifications, and the settlement of prior disputes with Regenx Tech Corp.
EnviroMetal Technologies (CSE: ETI, FSE: 7N20) announced agreements with two current directors and one former director to forgive US$312,000 (CA$418,128) in accrued director fee liabilities.
The fees covered April 1, 2022 to April 1, 2024, required no cash consideration, and are described as strengthening the Company’s financial position.
EnviroMetal (OTC:EVLLF) announced the Supreme Court of British Columbia approved a Consent and Dismissal Order that ends all claims between EnviroMetal and Regenx Tech Corp., covering civil claims filed June 21, 2021 and counterclaims amended January 20, 2023.
The companies also executed a Release and Settlement Agreement terminating pending arbitration and disputes, with no admission of liability and no compensation owed by either party.
EnviroMetal Technologies announced several management and board changes effective June 1, 2024. Jason Leikam, previously VP Business Development, has been appointed CFO, replacing Nathalie Pillon who resigned in January 2023. Additionally, board members Court Anderson and Alexander Ruckdaeschel have resigned. EnviroMetal specializes in non-cyanide, water-based metal recovery technologies for the gold mining sector, aiming to reduce both operational costs and environmental impact.
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