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The latest update is out from HTC Purenergy ( ($TSE:HTC.H) ).
HTC Purenergy Inc. has voluntarily delisted its common shares from the NEX Exchange of the TSX Venture Exchange due to financial challenges including declining revenue and increasing debt. Despite the delisting, HTC will continue as a reporting issuer public company, although it has applied to cease being a reporting issuer, which is under consideration. This strategic move, supported by a significant majority of shareholders, aims to better align with the company’s and shareholders’ interests.
More about HTC Purenergy
HTC Purenergy Inc. operates in the energy sector, focusing on purification technologies and solutions. The company has been listed on the TSX Venture Exchange but has faced challenges such as declining revenue and high operating costs.
Technical Sentiment Signal: Sell
Current Market Cap: C$1.03M
See more data about HTC.H stock on TipRanks’ Stock Analysis page.