Sinagpore’s Ventrillion invests $15m in Clean Coal
Singapore’s Ventrillion Management has agreed to invest up to $15 million in US-listed Clean Coal Technologies. The company, which holds patents for technology that converts raw coal into a cleaner burning fuel, will use the proceeds to complete its pilot plant and commercialize its intellectual property.
According to a regulatory filing, Ventrillion's capital will come in three tranches. The first tranche has already closed, with the investor receiving 100 million common shares in Clean Coal in return...
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