Brief: Clear Blue Technologies Acquires eSite Power Systems And Provides Private Placement Update

Clear Blue Technologies International

23/01/2023 12:41

Jan 23 (Reuters) - Clear Blue Technologies International
Inc  CBLU.V :
    * CLEAR BLUE TECHNOLOGIES INTERNATIONAL INC - SECOND TRANCHE
OF
$2.5 MILLION PRIVATE PLACEMENT EXPECTED TO CLOSE IN JANUARY
    * CLEAR BLUE TECHNOLOGIES INTERNATIONAL - PURCHASE OF ESITE
FINANCED BY ISSUING 3 MILLION CLEAR BLUE COMMON SHARES TO ESITE
POWER SYSTEMS' SHAREHOLDERS
    * CLEAR BLUE TECHNOLOGIES ACQUIRES ESITE POWER SYSTEMS AND
PROVIDES PRIVATE PLACEMENT UPDATE
    * CLEAR BLUE TECHNOLOGIES INTERNATIONAL - SECOND TRANCHE
INCLUDES
PEGROCO INVEST AB WITH OTHER SWEDISH INVESTMENT FUNDS,
CONTRIBUTING UP TO CAD$762,500
    * CLEAR BLUE TECHNOLOGIES INTERNATIONAL INC - PEGROCO WILL
OWN
JUST UNDER 9% OF BASIC SHARES OUTSTANDING OF CLEAR BLUE
TECHNOLOGIES INTERNATIONAL LTD
    * CLEAR BLUE TECHNOLOGIES INTERNATIONAL INC - PEGROCO IS
GUARANTEEING CERTAIN VENDOR COMMITMENTS BY ESITE THROUGH 2023

Source text for Eikon:  ID:nGNXGkqb9 
Further company coverage:  CBLU.V 
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