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PlasCred Secures $16.5M Non-Dilutive Capital to Advance Neos Recycling Facility | PlasCred Circular Innovations (CSE: PLAS) | The Watchlist E63

PlasCred Secures $16.5M Non-Dilutive Capital to Advance Neos Recycling Facility | PlasCred Circular Innovations (CSE: PLAS) | The Watchlist E63

Episode 63 Published 8 months, 2 weeks ago
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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