Australia's Clean TeQ jumps as co signs MOU with Schreurs & Sons

Clean Teq Water

30/09/2022 02:29

** Shares of Australia's Clean TeQ Water Ltd  CNQ.AX  rise
as much as 10.2% to A$0.540, set for their best day since Sept
5, if gains hold 
    ** The water treatment co says unit NematiQ Pty Ltd signed a
memorandum of understanding (MOU) with Schreurs & Sons Pty Ltd
for water recycling technology  urn:newsml:reuters.com:*:nASXbVcKPT
    ** Says MOU for treatment and recycling process of water at
Schreurs' manufacturing and packaging facility in Clyde,
Victoria
    ** Co adds NematiQ and Schreurs aim to complete a larger
scale pilot trial prior to the end of 2022 
    ** CNQ stock down 30% YTD, as of last close 
 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))