Stock offering negotiated with Evolution Capital to fund acquisitions
By Devika Patel
Knoxville, Tenn., June 7 - Garb Oil & Power Corp. said it negotiated a $20 million equity line with Evolution Capital, LLC.
Proceeds will be used to close on potential acquisitions.
Based in Salt Lake City, Garb provides equipment to the waste processing and recycling industries.
| Issuer: | Garb Oil & Power Corp.
|
| Issue: | Equity line
|
| Amount: | $20 million
|
| Warrants: | No
|
| Investor: | Evolution Capital, LLC
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| Settlement date: | June 7
|
| Stock symbol: | Pink Sheets: GARB
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