HTC Extraction Systems (TSX.V: HTC) is “One to Watch”
HTC announced entering into a letter agreement for a CAD$15 million bought deal private placement of units led by Canaccord Genuity Corp. on July 3, 2019 (subject to closing); HTC’s business model includes owning physical assets at extraction and purification facilities to serve the clean energy and hemp biomass industries; Hemp biomass tolling contracts with producers and hemp biomass providers are either signed or being negotiated in Canada and the U.S.; HTC will provide “local to grower” drying-to-biomass storage capability and transportation of dried biomass to HTC extraction facilities; HTC is constructing a 19,000-square-foot GMP Euro compliant extraction tolling facility…