Cleantek Industries Inc. Announces Grant of Stock Options
Calgary, Alberta--(Newsfile Corp. - November 26, 2021) - Cleantek Industries Inc. (TSXV: CTEK) ("Cleantek" or the "Company") announces that it has granted options to acquire a total of 1,202,500 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $1.40 per share for a period of five years, with vesting to occur evenly over three years.About CleantekCleantek is a clean energy technology company...
2021-11-26 7:03 PM EST
Cleantek Industries Inc. Announces Third Quarter Results and Share Issuance
Calgary, Alberta--(Newsfile Corp. - November 22, 2021) - Cleantek Industries Inc. (TSXV: CTEK) ("Cleantek" or the “Company”) has filed: (i) the interim financial statements for Raise Production Inc., predecessor to Cleantek, for the three and nine months ended September 30, 2021; (ii) the interim financial statements for Cleantek Industries Inc., predecessor to Cleantek, for the three and nine months ended September 30, 2021; and (iii) the related Management Discussion and Analysis thereto....
2021-11-22 7:44 PM EST
Cleantek Industries Inc. Provides Corporate Update
Calgary, Alberta--(Newsfile Corp. - November 8, 2021) - Cleantek Industries Inc. ("Cleantek" or the "Company") is pleased to provide an update with respect to the ongoing advancement of Cleantek's business strategy. As disclosed in the Company's news release dated October 29, 2021 the Company has completed the previously announced business combination (the "Transaction") with Raise Production Inc. to form "Cleantek Industries Inc." pursuant to an arrangement agreement (the "Arrangement...
2021-11-08 7:00 AM EST
Cleantek Industries Inc. Announces Closing of Reverse Takeover
Calgary, Alberta--(Newsfile Corp. - October 29, 2021) - Cleantek Industries Inc. ("Cleantek") is pleased to announce that it has completed the previously announced business combination (the "Transaction") with Raise Production Inc. (TSXV: RPC) ("Raise") to form "Cleantek Industries Inc." (the "Resulting Issuer") pursuant to an arrangement agreement (the "Arrangement Agreement") dated as of July 12, 2021. In accordance with the TSXV's policies, the Resulting Issuer's shares ("Resulting Issuer...
2021-10-29 12:15 PM EDT
Raise Production Inc. and Cleantek Industries Inc. Announce Appointment of CFO, Closing of $10 Million Credit Facility, Mailing of Joint Information Circular and Granting of Interim Order
Calgary, Alberta--(Newsfile Corp. - October 1, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise") and Cleantek Industries Inc. ("Cleantek") are pleased to announce the appointment of a CFO, closing of a $10 million credit facility, mailing of the joint information circular and granting of the interim order regarding the business combination between Raise and Cleantek announced on July 12, 2021 (the "Transaction"). Cleantek is pleased to announce that Mr. Orson Ross has been appointed as...
2021-10-01 9:00 AM EDT
Raise Production Inc. and Cleantek Industries Inc. Announce Closing of $10.75 Million Equity Financing
Calgary, Alberta--(Newsfile Corp. - September 7, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") and Cleantek Industries Inc. ("Cleantek") are pleased to announce the closing of the $10.75 million Financing (as defined below), inclusive of a President's List in excess of $1.75 million. The proceeds of the Financing will be held in escrow until the closing of the reverse take-over transaction between the Company and Cleantek (the "Transaction") which is expected to close...
2021-09-07 8:00 AM EDT
Raise Production Inc. Announces Second Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - August 24, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and six months ended June 30, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Raise's financial statements and management's discussion and analysis for the three and six months ended June 30, 2021, which are available on SEDAR at www.sedar.com. HIGHLIGHTS FOR THE...
2021-08-24 5:30 PM EDT
Raise Production Inc. and Cleantek Industries Inc. Announce Update on Business Combination and $10.0 Million Equity Financing
Calgary, Alberta--(Newsfile Corp. - August 4, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") and Cleantek Industries Inc. ("Cleantek") are pleased to provide an update regarding the business combination announced on July 12, 2021 (the "Transaction"). The syndicate of investment dealers (the "Agents") led by Eight Capital, and including Echelon Wealth Partners, Cormark Securities Inc. and Raymond James Ltd., have fully allocated $10.0 million of the Financing (as defined...
2021-08-04 6:06 PM EDT
Raise Production Inc. Announces First Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - May 27, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the quarter ended March 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Raise's financial statements and management's discussion and analysis for the quarter ended March 31, 2021, which are available on SEDAR at www.sedar.com.HIGHLIGHTS FOR THE QUARTER The Company negotiated an...
2021-05-27 5:30 PM EDT
Raise Production Inc. Announces Annual Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - April 28, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the year ended December 31, 2020. Selected financial and operational information is outlined below and should be read in conjunction with Raise's audited financial statements and management's discussion and analysis for the year ended December 31, 2020, which are available on SEDAR at www.sedar.com and the Company's website at...
2021-04-28 7:08 PM EDT
Raise Production Inc. Announces Closing of Shares for Debt Transactions
Calgary, Alberta--(Newsfile Corp. - April 20, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces the completion of its previously announced shares for debt transactions pursuant to which an aggregate of $2,334,027 in indebtedness, representing all of the principal amount and interest payable in respect of the secured convertible debentures of the Company (the "Debentures"), was settled through the issuance of 58,350,688 common shares in the capital of the Company...
2021-04-20 5:48 PM EDT
Raise Production Inc. Announces Shares for Debt Transactions
Calgary, Alberta--(Newsfile Corp. - April 5, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces that it has entered into shares for debt agreements (the "Shares for Debt Agreements") with certain creditors of the Company (the "Creditors"), the holders of its secured convertible debentures (the "Debentures") in respect of certain amounts owing, including all of the principal amount and interest due on the Debentures (collectively, the "Debt Settlements"). The Debt...
2021-04-05 9:00 AM EDT
Raise Production Inc. Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - March 22, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") provides an update on recent activities related to its operations. The Company's revenue for the year ended December 31, 2020 is down 45% from the prior year and full HARPTM pump sales are down 70% year over year. Over the past year, it was necessary for the Company to complete significant cost reductions, as stated in its previous press releases, and obtain government...
2021-03-22 9:00 AM EDT
Raise Production Inc. Announces Postponement of Annual General Meeting
Calgary, Alberta--(Newsfile Corp. - February 12, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company"), in consultation with its Board of Directors, has decided to postpone the Annual General Meeting of Shareholders ("AGM"), currently scheduled on February 18, 2021. The new meeting date will be announced at a later date. The Company will also file the updated AGM information on SEDAR (www.sedar.com) under its profile, including the Management Information Circular, at that...
2021-02-12 5:30 PM EST
Raise Production Inc. Announces Closing of Shares for Debt Transactions
Calgary, Alberta--(Newsfile Corp. - January 15, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces that following its news release of December 31, 2020, it has received approval of the TSX Venture Exchange for shares for debt transactions to settle an aggregate of $62,108 in indebtedness to certain creditors of the Company, through the issuance of 1,774,502 common shares in the capital of the Company ("Shares") at a deemed price of $0.035 per Share (the "Debt...
2021-01-15 9:00 AM EST
Raise Production Inc. Announces New Director
Calgary, Alberta--(Newsfile Corp. - January 13, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce the addition of Mr. Sarosh Nanavati to its Board of Directors, subject to regulatory approval. Mr. Nanavati is an experienced capital markets professional with over 30 years in the financial sector, at a variety of firms including UBS Global Asset Management, Sun Life of Canada, HSBC, Scheer Rowlett & Associates, Wellington West Capital Markets and UBS...
2021-01-13 5:53 PM EST
Raise Production Inc. Announces Shares for Debt Transactions
Calgary, Alberta--(Newsfile Corp. - December 31, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces that it has entered into shares for debt agreements (the "Shares for Debt Agreements") with certain of the holders (the "Creditors") of its secured convertible debentures (the "Debentures") in connection with the December 31, 2020 interest payment due on the Debentures (the "Debt Settlements"). The Debt Settlements will result in Raise issuing common shares in the...
2020-12-31 9:00 AM EST
Raise Production Inc. Announces Third Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - November 24, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and nine months ended September 30, 2020. Selected financial and operational information is outlined below and should be read in conjunction with Raise's unaudited condensed interim financial statements and management's discussion and analysis for the period ended September 30, 2020 which are available on SEDAR at...
2020-11-24 6:53 PM EST
Raise Production Inc. Announces North American Marketing and Distribution Partner
Calgary, Alberta--(Newsfile Corp. - September 30, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce it has entered into an agreement with Q2 Artificial Lift Services ("Q2 ALS") to be the exclusive distributor for North America. Raise has three unique systems that can be used independently or in combination in horizontal wellbores:the High Angle Reciprocating Pump ("HARPTM"); the Raise Efficient Artificial Lift ("REALTM") Horizontal Separator the...
2020-09-30 6:01 PM EDT
Raise Production Inc. Announces Second Quarter Results and Provides Operations Update
Calgary, Alberta--(Newsfile Corp. - August 27, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and six months ended June 30, 2020. PRESIDENT'S UPDATEThe Company is pleased to provide an update to its shareholders on its financial results and recent activities related to its operations. The Company has three systems that can be used independently or in combination in horizontal wellbores:1) the High Angle Reciprocating...
2020-08-27 5:30 PM EDT