Cover Technologies Inc.
Cover Technologies Inc. is the development and commercialization of technologies for the processing and production of magnesium (Mg) metal, Mg-related compounds, by-products and co-products from already mined, above ground serpentinite tailings. Cover Technologies' goal is to become the lowest cost producer of Mg metal in the world by producing Mg at a price equivalent to Aluminum. Cover Technologies' potential is evidenced by the fact that it has received support from both the Federal and Provincial governments and is in the process of negotiating further support.
Cover Technologies Inc. (COVE)
Le 20 mai/May 2021
Trading in the shares of Cover Technologies Inc. will remain halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to CSE Policy 8. This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.