RNS - Money in the BANK6 Mar 2024 07:05
Cash Received from Player Design Inc.
Active Energy (AIM: AEG, OTCQB: ATGVF), the international biomass based renewable energy business, announces that the Company has received the cash payment of $1,650,000 from the PDI Parties pursuant to the Settlement Agreement, details of which were announced on 5 March 2024.
The Board continues to examine the most expedient ways to commence CoalSwitchยฎ fuel production, using its proprietary technologies, and will provide an update to shareholders at the earliest opportunity.