07:05:37 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Global Care Capital Inc
Symbol HLTH
Shares Issued 648,746,196
Close 2022-12-16 C$ 0.01
Market Cap C$ 6,487,462
Recent Sedar Documents

Global Care to conduct diligence for Titan investment

2022-12-19 09:16 ET - News Release

Mr. Hugh Maddin reports

GLOBAL CARE CAPITAL SIGNS MOU TO ADVANCE NEGOTIATIONS FOR POTENTIAL INVESTMENT IN TITAN ELECTRICITY LTD. (UK) AND PROVIDES NOTICE OF INVESTOR PRESENTATION

Global Care Capital Inc. has signed a memorandum of understanding (MOU) with Titan Electricity Ltd. U.K., a company that holds the intellectual property rights to the Geo-Engines, a net-zero geothermal energy generation technology used for gas cleaning (sour gas), CO2 (carbon dioxide) sequestration and domestic energy supplies. Oil and gas companies using Titan's Geo-Engines can potentially cut on-site CO2 emissions to zero, help improve energy security, and break the reliance on coal and oil.

Pursuant to the terms of the MOU, the parties have agreed to complete due diligence in connection with advancing negotiations of a potential investment in Titan by the company. Closing of the potential transaction is subject to, among other things, completion of due diligence, negotiation of a definitive agreement, compliance with all applicable regulatory requirements, and receipt of all necessary regulatory, corporate, third party, board and shareholder approvals being obtained, including the approval of the Canadian Securities Exchange. There can be no assurance that the proposed transaction will be completed as proposed or at all.

The company also wishes to announce that management will provide a strategy update to investors through its corporate website on or before Dec. 30, 2022. The company's current presentation is open to all existing and potential shareholders.

About Global Care Capital Inc.

Global Care Capital is a global investment company which specializes in providing early-stage financing to private and public companies. The company engages in new early-stage investment opportunities in previously underdeveloped assets and obtaining positions in early-stage investment opportunities that adequately reflect the risk profile.

We seek Safe Harbor.

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