Brief: Purecycle Technologies Says Development Authority Of Augusta Executes Amendment To Acknowledgement Agreement Dated Oct 5

PureCycle Technologies

08/12/2022 14:11

Dec 8 (Reuters) - Purecycle Technologies Inc  PCT.O :
    * PURECYCLE TECHNOLOGIES - CO,DEVELOPMENT AUTHORITY OF
AUGUSTA,
GEORGIA EXECUTED AMENDMENT TO ACKNOWLEDGEMENT,AGREEMENT, DATED
AS OF OCT 5, ON DEC 1
    * PURECYCLE - PURSUANT TO AMENDED AGREEMENT, CO MUST FUND
INITIAL
CONSTRUCTION ACTIVITIES AT AUGUSTA FACILITY,CLOSE ON AEDA LAND
DEAL BY JUNE 30, 2023
    * PURECYCLE - AGREED TO PAY THE AEDA A $25,000 MONTHLY FEE
STARTING IN JANUARY 2023 UNTIL THE COMPANY CAN SATISFY THE
CONDITIONS

Source: (shorturl.at/oFLQ0)
Further company coverage:  PCT.O 
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