Gas, liquids and biomass extractor and refiner HTC
Extraction Systems (TSX.V: HTC), together with its subsidiaries, has
developed a proprietary. ethanol-based distillation system called the Delta
Purification System(R), which works with the company’s DeltaSolv(TM)
technologies. An article discussing the company reads, “The condensed report,
covering HTC Extraction Systems and its subsidiaries for the interim six-month
period ended June 30, states that the company’s carbon-dioxide extraction
business and material-handling operations drove revenues from $560,260 in 2018
to $1.85 million this year (http://ibn.fm/EzRWR).
. . .During that same period, the company’s total assets increased from $34.07
million to $35.29 million as HTC Extraction Systems built its strategy for
extracting cannabidiol full-spectrum oil (‘CBD FSO’) from hemp biomass for
distillation. The company and its subsidiaries believe that their patented
Delta Purification System offers the best available environmental reclamation
technology for the clean-energy-extraction and biomass-extraction industries.
HTC has finalized a hemp-biomass tolling agreement that will result in the
company processing an expected five million kilograms of identity-preserved,
production hemp biomass, and it is completing negotiations to establish an
identity-preserved, production-hemp-biomass tolling contract with a
60,000-acre, recognized Canadian farm leader and significant hemp-biomass producer
to extract the CBD FSO. The company then plans to use the tolling fee payable
under the tolling contracts in sales and offtake agreements with its related
entity, Purely Canada Foods.”
To view the full article, visit http://ibn.fm/f9fA6
About HTC Extraction Systems
HTC Extraction Systems has developed proprietary
hemp-biomass, gas and liquid extraction systems that have been designed for the
extraction of hemp biomass and the distillation and purification of ethanol and
ethanol-based solvents used for this extraction. The HTC Extraction System(TM)
has been engineered to reduce capital and operating costs while at the same
time delivering superior performance by reducing energy usage, lowering
emissions and improving the quality of the product being produced. For more
information, visit the company’s website at www.HTCExtraction.com.
NOTE TO INVESTORS: The latest news and updates
relating to HTC are available in the company’s newsroom at http://ibn.fm/HTC
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