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LONDON - Clean Invest Africa PLC (AQSE:CIA), a company focused on creating combustible pellets from coal fines, announced Monday that trading of its shares on the Aquis Growth Market will be temporarily suspended starting July 1, 2025, due to a delay in publishing its audited Annual Report and Accounts for 2024.
The company will miss the June 30 reporting deadline required by the Aquis Growth Market Rulebook. According to the announcement, the suspension will remain in effect until the company publishes its 2024 Annual Report and Accounts.
Clean Invest Africa stated it is working to complete the audit process "as soon as possible," after which trading in its ordinary shares is expected to resume. The company indicated it will provide further updates on the situation in due course.
The announcement also mentioned that the company is currently working to establish a strategic alliance with investors in the South African energy industry. Additionally, its U.S. subsidiary, Coal Tech LLC, is reportedly in advanced stages of finalizing cooperation with Environmental Energy Group to develop solutions for tailing ponds in the United States.
Clean Invest Africa’s core technology focuses on transforming coal dust into spherical pellets through an agglomeration process, using an organic, non-polluting agent developed in-house.
The information was disclosed in a company press release statement.
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