The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

IN BRIEF: EQTEC Reiterates Rejection Of US Patent Infringement Claims

Tue, 28th Jul 2020 20:43

EQTEC PLC - technology solutions company for waste gasification to energy projects - Issues letter to Aries Clean Energy LLC asking it to withdraw all of its claims of patent infringement made on July 9. Reiterated "absolute rejection" to Aries' claims and "anti-competitive application of legal threat to achieve undue commercial ends". Has been advised Aries yet to legally serve complaint against EQTEC, and is yet to formally respond to the lawsuit. EQTEC said letter has been sent to correct misinformation in Aries' complaint and to put Aries on notice of potential liability and legal obligations should it not withdraw complaint immediately. EQTEC reaffirms commitment to North Fork Community Power development in North Fork, California.

Current stock price: 0.48 pence

Year-to-date change: more than tripled

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
3 May 2024 20:10

TRADING UPDATES: Eqtec trading in line; Surface Transforms fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by A...

1 May 2024 12:10

Eqtec now due GBP2.0 million settlement payment from Logik

(Alliance News) - Eqtec PLC on Thursday updated on the "positive" progress on its settlement with Logik Developments Ltd and its wholly-owned subsidia...

19 Apr 2024 14:18

IN BRIEF: Eqtec and Verde agree to amendment of subscription letter

Eqtec PLC on Friday - Cork, Ireland-based thermochemical conversion technology company - Says it agrees with Verde Corp to the amendement of a subscri...

19 Apr 2024 11:13

Eqtec agrees amendment to Verde subscription

(Sharecast News) - Waste-to-energy technology developer Eqtec updated the market on the Verde Corporation subscription on Friday, confirming that an a...

3 Apr 2024 16:35

IN BRIEF: Eqtec shares surge as reaches settlement with Logik

Eqtec PLC - Cork, Ireland-based thermochemical conversion technology company - Reaches settlement agreement with Logik Developments Ltd and its subsid...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.