SPT Sulphur Polymer Technologies Commences Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

December 18, 2014 11:46 AM EST | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2014) - SPT Sulphur Polymer Technologies (CSE: SEE) is one of the latest new listings on the Canadian Securities Exchange. The company has acquired the marketing license for a patented technology for converting waste sulphur into Sulstar a unique granulated thermoplastic asphalt binder and Sulconcrete, a modified sulphur polymer concrete.

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The license grants the company the right to manufacture, sell and distribute the products for an initial 5 year term, which is renewable based on performance.

According to industry reports, there is a stockpile, in Alberta alone, of more than 10 million tons of sulphur, a by-product of refining oil and natural gas.

This marketing license cost $25,000 plus a 2% royalty on all sales and covers the Provinces of British Columbia, Alberta, Saskatchewan and Yukon Territory.

Sulstar is a modified, plasticized form of sulphur whose application can be wider than that of traditional Portland cement. It can be added into asphalt to strengthen road surfaces and can replace Portland cement in concrete for construction purposes, thereby providing an acid-proof, salt-resistant concrete that can withstand some of Earth's most corrosive environments.

Sulconcrete is a unique technology for producing concrete construction elements utilizing flotation waste from mining and mineral processing and using it as the binder for producing sulfur concrete products. Sulconcrete, which is 100% recyclable, can be used in the process of industrial waste stabilization, mine reclamation, and solidification of hazardous and toxic elements. Resulting products can be a precast construction product or concrete granulate, which can be stored according to the general rules as raw material for further production without threatening the environment or people.

In September, the company raised $300,000 from the issuance of 15 million shares at $0.02 per share, followed by an additional raise in December of gross proceeds of $150,000 from the issuance of 1.5 million shares at $0.10 per share.

The shares are bid at $0.155 and with 19.1 million shares outstanding, the company is capitalized at $3 million.

The company is currently establishing a website. For more information, please contact Jamie Lewin, CEO at 604-739-3052 or email admin@sptsulphurtech.com.

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