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OTCQB:MEEC
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ME2C enters into debt repayment agreement that will 'strengthen the balance sheet terrifically'

Midwest Energy Emissions Corp. (OTCQB: MEEC), known as ME2C Environmental CEO Richard MacPherson tells Proactive the group has formed a debt repayment agreement with AC Midwest Energy which "will strengthen our balance sheet terrifically, and will increase shareholder equity value."

MacPherson says AC Midwest Energy will repay all existing secured and unsecured debt obligations held by Alterna including the existing $0.3 million secured note outstanding in cash as well as the existing $13.2 million principal amount through a combination of cash and stock.

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Price: 0.6394 USD

Market Cap: $57.06 m

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ME2C Environmental reacts to new EPA rule to strengthen requirements on coal...

Midwest Energy Emissions Corp (OTCQB:MEEC), also known as ME2C Environmental (OTCQB:MEEC) CEO Rick MacPherson tells Proactive he believes ME2C's technology could help in wastewater cleanup on the back of a recent announcement by the Environmental Protection Agency that it will strengthen...

on 08/09/2021

2 min read