Welcome to our dedicated page for PUREBASE CORPORATION news (Ticker: PUBC), a resource for investors and traders seeking the latest updates and insights on PUREBASE CORPORATION stock.
Purebase Corporation (PUBC) is dedicated to addressing the global challenge of sustainable food production. With a focus on environmentally friendly solutions, Purebase offers innovative products to enhance crop and animal health without the harmful effects of pesticides and GMOs. Their commitment to protecting the environment, plant, animal, and human health sets them apart in the industry.
Purebase Corporation (OTCPK: PUBC) is negotiating with Fortera Corporation for a commercial plant agreement aimed at producing low carbon cement. The two companies have signed a non-binding term sheet to collaborate on a facility at Purebase's headquarters in Ione, California. Fortera's innovative ReCarb™ process promises to significantly reduce carbon emissions in cement production. This partnership would utilize Purebase's mineral resources and enhance sustainability efforts in California's construction industry.
Purebase Corporation (OTCQB: PUBC) has announced a strategic partnership with a major national materials company to launch a new eco-friendly supplementary cementitious material (SCM). This high-performance product aims to replace traditional cement, significantly reducing CO2 emissions from limestone production.
A Memorandum of Understanding has been signed to test the SCM blends at Purebase’s pilot plant in Ione, California, paving the way for future certifications and a larger production facility. This collaboration represents an important step for Purebase in advancing environmentally responsible building materials.
Purebase Corporation (OTCQB: PUBC) announced the appointment of Dr. Kimberly Kurtis to its Board of Directors, following her year-long role as an Advisory Board Member. Dr. Kurtis, an accomplished researcher with over 200 publications and three US patents in cement-based materials, brings extensive experience in enhancing early age behavior and long-term durability of concrete. Her leadership is expected to advance Purebase's goals in developing supplementary cementitious materials. CEO Scott Dockter expressed confidence in her critical thinking and guidance for the company’s projects.
Purebase Corporation (OTCQB:PUBC) announced an agreement to acquire access to up to 100 million tons of raw clay materials from U.S. Mine LLC for $50 million. This acquisition aims to enhance the company’s production of lower carbon cements, addressing the growing demand for sustainable construction materials. The payment will be made through a convertible promissory note. CEO Scott Dockter emphasized the importance of this move in meeting environmental demands. Newbridge Securities Corporation advised on the transaction, with legal counsel from The Crone Law Group.
Purebase Corporation (OTCQB:PUBC) announced a new financing commitment of up to $2,000,000 from its largest shareholder, US Mine Corp. The financing will be provided through unsecured convertible promissory notes with a 5.0% annual interest rate, convertible at $0.088 per share. Since its inception, US Mine Corp. has invested approximately $6.4 million in Purebase. CEO Scott Dockter expressed appreciation for USMC's ongoing support, highlighting the company's potential in specialized soil amendment and supplementary cementitious materials markets.
FAQ
What is the current stock price of PUREBASE CORPORATION (PUBC)?
What is the market cap of PUREBASE CORPORATION (PUBC)?
What is Purebase Corporation's focus?
How does Purebase Corporation differentiate from others in the industry?
Why is sustainable food production important?
What are some of Purebase Corporation's innovative products?
How does Purebase Corporation contribute to addressing global challenges in food production?
What sets Purebase Corporation apart in the industry?
What is the vision of Purebase Corporation?
How is Purebase Corporation addressing the backlash against pesticides and GMOs?
What are the benefits of Purebase Corporation's products?