MetaWorks Platforms Signs Binding Letter of Intent to Acquire Exclusive Development Rights to Innovative Energy Conversion Technology
Company acquires Exclusive Rights to Develop Projects in 4 US States as well as non-exclusive rights to All of North America.
Fairfield, CA., April 03, 2024 (GLOBE NEWSWIRE) — MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (OTCQB:MWRK), an award-winning future technology company that operates in the Web3, AI and GreenTech space, today announced that it has signed a Binding Letter of Intent (LOI) to secure exclusive development rights in 4 US States to build out an innovative energy conversion technology developed by Fogdog Energy. The new technology is ready for the market and capable of transforming municipal waste and other sources into clean energy, carbon credits, and graphite. Certain terms and conditions will need to be met by MetaWorks to acquire and maintain these exclusive development rights as per the LOI.
Related news for (MWRK)
- MetaWorks’ New Venture, Energy Works, Inc., to Revolutionize Plastic Waste Management with Cutting-Edge Diesel Fuel Conversion
- MetaWorks Platforms to Host Shareholder Update Conference Call April 18th at 4:15 PM EST.
- MetaWorks Platforms to Host Shareholder Update Call
- MetaWorks Platforms Expands Holdings into Renewable Energy: Company Secures 11% Equity Stake in Fog Dog Energy Solutions Amid AI and Blockchain Energy Surge