HTC Extraction Systems HTC Archives - Page 3 of 4

WednesdayOct 30, 2019 12:17 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Provides Recent Activities Update

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, today announced that it has closed its bought deal private placement resulting in gross proceeds of $10 million. In addition, the company reported the completion of its 19,000-square-foot facility that will house quality assurance testing and product development laboratories and extraction and formulation processing. The facility is presently undergoing the interior completion to qualify it as GMP Euro compliant and is anticipated to be one of the highest performing and top product quality extraction and refining facilities in Canada. HTC has also completed the construction of its 27,000-square-foot hemp biomass processing…

FridayOct 25, 2019 3:13 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Poised to Profit as CBD, Hemp Demand Rises

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, is set to profit as hemp-biomass production is anticipated to continue to increase due to legislative changes and the growing demand for CBD products. An article discussing the company reads, “The company has signed numerous strategic agreements that maximize its hemp-biomass processing potential. Recently, HTC announced its entry into an identity preserved (‘IDP’) hemp-biomass-production tolling agreement. The agreement covers 4,200 to 5,000 acres of hemp in Saskatchewan, Canada. Based on the agreement, HTC will process five million kilograms of IDP hemp-biomass to produce full-spectrum oil and/or pure-CBD isolate.” To view the…

FridayOct 25, 2019 11:08 am

CBD Extraction Market Grows by 22.1%, HTC Extraction Systems (TSX.V: HTC) Sees Increase in Revenue

The U.S. CBD market is expected to grow to $22 billion by 2022 CBD extraction from hemp biomass is proving to be the preferred method due to its relatively low cost and high yields in comparison to cannabis extraction HTC Extraction Systems has already positioned itself for market success due to its proprietary extraction technology The CBD extraction market will register exponential growth in the years to come, market reports suggest. According to a Cannabis Extract Market Size report, the annual growth rate for CBD extraction is set at 22.1 percent and the market is anticipated to reach $23.7 billion…

ThursdayOct 24, 2019 1:31 pm

HTC Extraction Systems (TSX.V: HTC) Building on Financing in Bid to Become Go-to CBD FSO Extractor and Refiner

HTC Extraction Systems is advancing its strategy to use its ethanol-based distillation know-how to extract and refine cannabidiol full spectrum oil in Canada and the United States The company’s proprietary Delta Purification system and DeltaSolv technologies will be housed in a Saskatchewan biomass processing facility, with a future second facility anticipated in the United States HTC closed a bought deal agreement on October 22 worth $10 million in funding for the company’s operations The company reported unaudited interim condensed consolidated financial results in August that showed the company experienced a three-fold increase in revenue for the year HTC Extraction Systems…

WednesdayOct 23, 2019 10:21 am

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Closes Bought Deal Private Placement

HTC Extraction Systems (TSX.V: HTC) today announced the closing of its previously announced private placement financing of 25,000,000 units of the company, each at a price of $0.40. The offering resulted in gross proceeds of $10 million to the company, from which it intends to use net proceeds for the purchase of extraction, purification and refining equipment and general working capital purposes. Each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant (each whole common share purchase warrant, a "warrant"). Each warrant will be exercisable to acquire one common…

ThursdayOct 17, 2019 10:50 am

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Announces Repricing of “Bought Deal” Brokered Private Placement

HTC Extraction Systems (TSX.V: HTC) today announced that it has repriced its "bought deal" brokered private placement initially announced on July 3, 2019 and amended on September 27, 2019. According to the update, the repricing of the private placement more accurately reflects the current market price of the company's common shares. Under the terms of the offering, Canaccord Genuity Corp. will act as sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters, and purchase, on a "bought deal" private placement basis, 25,000,000 units of the company, each at a price of C$0.40, for aggregate gross proceeds of…

FridayOct 11, 2019 12:40 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Creates Proprietary, Ethanol-Based Distillation System

Gas, liquids and biomass extractor and refiner HTC Extraction Systems (TSX.V: HTC), together with its subsidiaries, has developed a proprietary. ethanol-based distillation system called the Delta Purification System(R), which works with the company’s DeltaSolv(TM) technologies. An article discussing the company reads, “The condensed report, covering HTC Extraction Systems and its subsidiaries for the interim six-month period ended June 30, states that the company’s carbon-dioxide extraction business and material-handling operations drove revenues from $560,260 in 2018 to $1.85 million this year (http://ibn.fm/EzRWR). . . .During that same period, the company’s total assets increased from $34.07 million to $35.29 million as HTC…

MondayOct 07, 2019 9:08 am

Market Data Hints at Excellent Opportunities for Hemp Biomass Companies Like HTC Extraction Systems (TSX.V: HTC)

Hemp biomass production is anticipated to continue to increase due to legislative changes and the growing demand for CBD products At the same time, the industry is experiencing an extraction bottleneck due to the limited industry capacity for efficient biomass processing With its proprietary hemp biomass extraction technology that reduces operating costs while delivering superior results, HTC Extraction Systems is uniquely positioned to take advantage of upcoming market opportunities Legislative changes and a rapidly increasing demand for CBD products paint a highly optimistic picture for hemp biomass production and extraction companies. Currently, the demand for hemp biomass is exceptionally high,…

ThursdayOct 03, 2019 12:17 pm

Solvent-based CO2 Distillation Operation Generates Three-Fold Revenue Hike for HTC Extraction Systems (TSX.V: HTC) Ahead of CBD Strategy

HTC Extraction Systems has developed a proprietary ethanol-based distillation system called the Delta Purification System®, which works with the company’s DeltaSolv™ technologies The company published unaudited interim condensed consolidated financial results in August that show three-fold revenue gains over the previous year’s reporting period based on its ethanol, solvent and glycol reclamation operations HTC Extraction Systems is completing facilities in Saskatchewan for an identity preserved production, hemp biomass tolling and cannabidiol full-spectrum oil distillation operation The proprietary ethanol, solvent and glycol reclamation operations of HTC Extraction Systems (TSX.V: HTC) granted the Saskatchewan, Canada-based company a three-fold increase in revenue during…

WednesdayOct 02, 2019 2:47 pm

QualityStocksNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Achieves Growing Revenues in Q2; Develops CBD FSO Distillate Operation

HTC Extraction Systems (TSX.V: HTC), a gas, liquids and biomass extractor and refiner, recently reported financial results for the second quarter and six-month period ending June 30, 2019 (http://ibn.fm/IsnSu). An article discussing the company reads, “HTC Extraction Systems recorded an increase in same-period, year-over-year revenues from operations during the first six months of 2019, rising from $560,260 to $1.85 million, according to unaudited interim condensed consolidated financial results. . . . HTC and its subsidiaries are dedicated to developing their proprietary extraction and purification systems for removing cannabidiol full-spectrum oil (CBD FSO) distillate from acquired hemp biomass and making the…

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