2019-09-13
Cassandra has been in discussions with various organisations for some time regarding the sale of the REACH registered, renewable oil from waste but also in regards to other types of collaborations.
Cassandra is now in dialogues with potential partners with whom confidential information agreements have been signed. These dialogues are working towards Cassandra obtaining a strong partner as a shareholder and/or receiving funding in various forms for waste to oil projects that can produce oil of volume large enough to be of interest to petrochemical companies and oil refineries.
In view of the above, the Cassandra Oil AB Board of Directors has decided to halt the trading of its shares on the Mangold list temporarily, as information about these potential co-operations is considered to have a strong impact on the share price.
For further information please contact
Anders Olsson, CEO Cassandra Oil AB
Tel: +46 76 16 32 100
