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New Listing: Pure Extraction Corp. (TSXV:PURX)

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The company specializes in the design, development, manufacturing, and continued innovation of SuperCritical CO2 Extraction Systems.

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Additional Information:

Company: Pure Extraction Corp.
Website: http://www.PureExtraction.com
Stock Symbol: TSXV: PURX
Date Published: Jun 17, 2020
Transcript: Available

Video Transcript:

I’m Fiona Forbes for Investmentpitch Media

Pure Extraction Corp. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “PURX”, following its qualifying transaction with Capital Pool Company Fitch Street Capital.

The company specializes in the design, development, manufacturing, and continued innovation of SuperCritical CO2 Extraction Systems.

Pure Extraction’s CO2 extraction systems are used to extract botanical oils from biomass using supercritical CO2 extraction.

CO2 extraction, widely regarded as the ‘gold standard’, processes biomass at high pressures above the ‘critical’ point.

During this process, the solvent density increases dramatically resulting in a high-quality product, free from residue.

Although a non-toxic and neutral extraction method, the supercritical state for CO2 requires more complex and more expensive equipment.

Pure Extraction’s systems range from entry-level to mid-level in size, with production scale options with capacity ranging from 3 litres to 120 litres.

Each system is modular in design and all sub-components can be removed, cleaned and reinstalled easily.

For high volume extraction, the company also offers a Server Room CO2 extraction system, based on multiple systems linked together.

The company’s manufacturing facility is located in the Mount Pleasant area of Vancouver, British Columbia.

The company recently raised gross proceeds of $2,430,000 from the placement of 18 million shares, priced at $0.135 per share.

The shares are current bid at $0.14, with no shares offered and no trades yet.

For more information, please visit the company’s website www.PureExtraction.com, contact Balraj Mann, CEO, at 604-601-2018 or email balraj@PureExtraction.ca.

I’m Fiona Forbes for Investmentpitch Media