Earthworks Industries Inc. has proposed the extension of the exercise expiry dates of 100,000 outstanding share purchase warrants from December 1, 2017, to August 31, 2018. Each warrant entitles the purchase of one additional voting common share of Earthworks for $0.20 per share.
The extension proposal is subject to acceptance for filing by the TSX Venture Exchange.
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Earthworks’ Management would like to provide the following update on the status of Earthworks’ Cortina Project – and our current plans for moving forward with the development.
In the past year Earthworks successfully raised funds that allowed it to negotiate an amicable agreement with North Bay Corporation and its subsidiary, Cortina Landfill Company on our debt and to move forward...Read More
Earthworks Industries Inc. has the following update of the significant progress that has been made over the previous year and the first part of 2017.
The successful reinstatement of our lease at Cortina allowed the Company to not only be in a position to re-initiate efforts with respect to our Cortina Project, but also achieve a major accomplishment in the negotiation of an amendment of...Read More
Earthworks Industries Inc. has granted 2,410,000 share purchase options to various directors, officers and service providers. The Options will be exercisable for five years at $0.25 per share.
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Earthworks Industries Inc. is pleased to announce that it has received approval for – and has closed – the sale, by exempt private placement, of 6,822,300 Units – for $0.20 per Unit – to provide gross proceeds to the Company of $1,364,460. Each Unit consists of one share of the Company and one 1-year share purchase Warrant. 6,250,000 of the Warrants are exercisable for $0.21 per share....Read More
Earthworks Industries Inc. in a release dated April 20, 2017, set out details of a further Amendment to the Settlement Agreement with North Bay Corporation. The Amendment was dependent upon Earthworks making a payment of US$200,000 to North Bay. Earthworks made the required payment and the amended terms described in the April 20, 2017 release are now effective.
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Earthworks Industries Inc. announced in a Press Release dated April 20, 2017, that it was undertaking private placements sales of 6,250,000 Units at $0.20 per Unit – which would include 6,250,000 share purchase warrants exercisable for one year at $0.20. The placements have been over subscribed by an additional 572,300 Units.
The placement terms are being altered to provide that:
a) the...Read More
Earthworks Industries Inc. and its subsidiary, Cortina Integrated Waste Management Inc. (referred to together as “EWK”) are parties to an agreement with North Bay Corporation and its subsidiary, Cortina Landfill Company (together herein referred to as “North Bay”) which has been amended by a series of amendment agreements, the most recent of which is dated May 20, 2016 (the “Settlement...Read More
Earthworks Industries Inc. has proposed the extension of the exercise expiry dates of 1,615,000 outstanding share purchase warrants from February 17, 2017, to August 31, 2017. Each warrant entitles the purchase of one additional voting common share of Earthworks for $0.20 per share.
The extension proposal is subject to acceptance for filing by the TSX Venture Exchange.
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