NewStream Energy Technologies Group Provides Business Update
NewStream Energy Technologies Group Provides Business Update
The shares of NSGP will not be quoted by market makers on the OTC Market until such time as audits are completed and the filings are updated. With the closing of the funding above, we expect to be able to complete the filing process within the next 90 to 120 days.NewStream Energy Technologies Group Inc.
NewStream能源技術集團股份有限公司。
DENVER, CO / ACCESSWIRE / September 9, 2024 / NewStream (OTCMKTS:NSGP) is pleased to announce it has closed the first stage of a private debt round, enabling it to engage its auditors, Malone Bailey, for the completion of its audits and quarterly filings.
科羅拉多州丹佛市 / ACCESSWIRE / 2024年9月9日 / NewStream(OTCMKTS:NSGP)很高興宣佈已完成私人債務輪的第一階段，並使其能夠委託其核數師Malone Bailey完成其審計和季度報告。
The consolidation of NewStream into the public company increased the audit requirements of the company which are now more complex. In addition, Management has been working on the hiring of a well-qualified CFO.
將NewStream合併爲上市公司增加了公司的審計要求，現在更加複雜。此外，管理層一直在努力聘請一位具備豐富資歷的首席財務官。
The shares of NSGP will not be quoted by market makers on the OTC Market until such time as audits are completed and the filings are updated. With the closing of the funding above, we expect to be able to complete the filing process within the next 90 to 120 days.
在完成審計和更新申報之前，NSGP股票將不被市場做市商報價。通過上述融資的完成，我們預計能夠在接下來的90至120天內完成申報流程。
Once NSGP filings are current, the Company plans to list on the OTC QX/QB. OTC compliance has recently confirmed that the company meets all other qualifying requirements and up listing is expected to be seamless.
一旦NSGP的申報文件更新完畢，公司計劃在OTC QX/Qb上市。OTC合規部門最近確認該公司符合所有其他資格要求，並預計上市將是無縫的。
Management of NSGP and its subsidiaries have been very focused on the commercial side of the business. Through our subsidiary, BioTech Energy Solutions, we have a pipeline of four renewable natural gas projects in the U.S. and three projects in Mexico. The total dollar value of these projects is in excess of $750,000,000. In addition, through our subsidiary Wyoming New Power, we have a pipeline of over $500,000,000 in low carbon intensity power and carbon capture projects. In addition, NSGP is under MOU with a large food processor for a solution to process all their food waste into RNG.
NSGP及其子公司的管理層一直非常關注商業方面的業務。通過我們的子公司BioTech Energy Solutions，我們在美國和墨西哥有四個可再生天然氣項目的管道。這些項目的總價值超過7.5億美元。此外，通過我們的子公司Wyoming New Power，我們有50億美元的低碳強度電力和碳捕獲項目的管道。此外，NSGP正在與一家大型食品加工廠商簽訂諒解備忘錄，以處理他們所有的食品廢料成爲可再生天然氣的解決方案。
Management has also been working with major banks and financial institutions on predevelopment and project financing. Currently, NSGP is in the market through a major bank for up to $15M pre-development financing. We are also pleased to announce that we have received proposed terms from a major UK-based Financial Institution for $750,000,000 in project financing on what we believe are very favorable terms.
管理層還一直在與主要銀行和金融機構就預開發和項目融資進行合作。目前，NSGP通過一家主要銀行在市場上尋求高達1500萬美元的預開發融資。我們還很高興地宣佈，我們已經從一家英國主要金融機構獲得了750,000,000美元的項目融資的提議條款，我們認爲這些條款非常有利。
The commercial side of our business is extremely strong. The basis of our project pipeline are the exclusive licenses for two of the globally leading biomethane and carbon capture low carbon intensity power solutions. We are firming up offtake contracts with credit worthy off takers and are on pace to break ground late Q4 2024.
我們的商業部門非常強大。我們的項目管道的基礎是全球兩個領先的生物甲烷和碳捕獲低碳強度電力解決方案的獨家許可證。我們正在與有信用的大宗商品買家簽署取貨合同，並計劃在2024年第四季度晚期開始動工。
We are looking forward to completing our filings and resuming full trading on OTC markets.
我們期待完成申報並恢復在場外交易市場的全面交易。
Contact Information:
聯繫方式：
Robin Eves
CEO
robin.eves@nsetgroup.com
1(203) 918-2762
Robin Eves
首席執行官
robin.eves@nsetgroup.com
1(203) 918-2762
SOURCE: NewStream Energy Technologies Group Inc.
來源：NewStream Energy Technologies Group Inc.
譯文內容由第三人軟體翻譯。
