Plascred Circular Innovations Inc.·Basic Materials

Calgary, Alberta--(Newsfile Corp. - May 21, 2026) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) ("PlasCred" or the "Company") is pleased to announce that, as a result of strong investor demand, it has closed the second tranche (the "Second Tranche") of its previously announced upsized non-brokered $7,000,000 private placement (the "Offering"), issuing 9,746,000 units of the Company (each, a "Unit") at a price of $0.17 per Unit for aggregate gross proceeds of $$1,656,820, pursuant to the listed issuer financing exemption of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). Proceeds from the Offering will be used to advance development of the Company's advanced plastic recycling commercial facility ("Neos"), to be located at CN Rail's Scotford Yard in Alberta's Industrial Heartland, including detailed engineering, permitting, procurement of long-lead equipment, and also for general working capital.

The American grid is being asked to do something it was never designed to do: power an artificial intelligence (AI) build-out, electrify transportation, support reshored manufacturing, and replace aging transmission lines all at the same time.

Calgary, Alberta--(Newsfile Corp. - April 22, 2026) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) ("PlasCred" or the "Company"), is pleased to announce that, as a result of strong investor demand, it has closed the first tranche (the "First Tranche") of its previously announced upsized non-brokered $7,000,000 private placement (the "Offering"), issuing 29,573,822 units of the Company (each, a "Unit") at a price of $0.17 per Unit for aggregate gross proceeds of $5,027,550, pursuant to the listed issuer financing exemption of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). Certain portions of the First Tranche, totaling approximately $1,522,149, are being settled by delivery against payment and are expected to be completed shortly.
The Company is a recycler of waste Magnesium-rich mine tailings with four projects that aim to produce Mg-related products, compounds and byproducts in Quebec, Canada.
Basic Materials
Industrial Materials
2015-12-21
-0.89