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PlasCred Secures $16.5M Non-Dilutive Capital to Advance Neos Recycling Facility | PlasCred Circular Innovations (CSE: PLAS) | The Watchlist E63
Description
In this episode of The Watchlist, listeners hear from Troy Lupul, President and CEO of PlasCred Circular Innovations (CSE: PLAS), as he breaks down a major non-dilutive financing milestone for the company’s Neos recycling facility. PlasCred has secured $16.5 million through a combination of government funding and debt support, significantly advancing the project toward construction and production.
This episode covers:
How PlasCred secured $8M in government funding
The strategic importance of the $8.5M BDC debt term sheet
Why non-dilutive capital matters for early shareholders
Expected construction and first-barrel timelines
The strategic value of the CN Scotford site and customer economics
Website: https://plascred.com
This podcast is made in partnership with PlasCred Circular Innovations. For our full disclaimer, visit: https://themarketonline.ca/disclaimer
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