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SENSASURE TECHNOLGIES INC - SSTC STOCK NEWS

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SensaSure Technologies Inc. (SSTC) is a cutting-edge company dedicated to developing innovative technology solutions for the oil and gas industry. Through its subsidiary, Formation Minerals Inc., SSTC aims to revolutionize the management and monetization of mineral and royalty portfolios. The recent merger with Verde Bio Holdings, Inc. marks a significant milestone in SSTC's journey towards becoming a major player in the industry. With a focus on strategic acquisitions and operational efficiency, SSTC is poised for growth and success in the ever-evolving energy sector.

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Verde Bio Holdings, Inc. (VBHI) and SensaSure Technologies, Inc. (SSTC) have announced a merger agreement, where Verde will merge with and into Formation Minerals Inc. (FM), a wholly-owned subsidiary of SSTC. The merger is expected to create one of the first end-to-end platforms for building, running, managing, growing, and monetizing oil and gas mineral and royalty portfolios. The closing of the merger is subject to Verde's stockholder approval and is anticipated to be completed in the first quarter of 2024.
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FAQ

What is the market cap of SENSASURE TECHNOLGIES (sstc)?

The market cap of SENSASURE TECHNOLGIES (sstc) is approximately 42.3M.

What is SensaSure Technologies Inc. (SSTC) known for?

SSTC is renowned for developing cutting-edge technology solutions for the oil and gas industry, focusing on mineral and royalty portfolio management.

What is the significance of SSTC's merger with Verde Bio Holdings, Inc.?

The merger signifies SSTC's commitment to simplifying corporate structure, reducing costs, and enhancing portfolio integration and optimization.

What is the primary business focus of SSTC's subsidiary, Formation Minerals Inc.?

Formation Minerals Inc. aims to revolutionize the management and monetization of mineral and royalty portfolios within the oil and gas sector.

What are SSTC's growth strategies for the future?

SSTC plans to leverage strategic acquisitions and operational efficiency to drive growth and success in the evolving energy industry.

Who is serving as the financial advisor to the Merger?

Spartan Capital Securities, LLC is serving as the financial advisor to the Merger involving SSTC.

When is the expected closing date for the Merger?

The Merger is anticipated to close in the first quarter of 2024, subject to regulatory approvals and customary closing conditions.

How does Verde Bio Holdings, Inc. contribute to SSTC's operations?

Verde Bio Holdings, Inc. brings expertise in the acquisition and management of mineral and royalty interests, complementing SSTC's strategic objectives.

What sets SSTC apart in the oil and gas industry?

SSTC's focus on innovation, strategic acquisitions, and operational efficiency distinguishes it as a key player in the evolving energy sector.

What are SSTC's long-term goals in the oil and gas industry?

SSTC aims to become a major player in the minerals and royalties market through continued growth, value creation, and operational excellence.

How does SSTC plan to deliver value to its stockholders?

SSTC intends to create value for its stockholders by pursuing strategic opportunities, optimizing operational performance, and driving sustainable growth in the energy sector.
SENSASURE TECHNOLGIES INC

OTC:SSTC

SSTC Rankings

SSTC Stock Data

42.26M
16.95M
69.91%
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United States of America
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