Purebase terminates non-binding term sheet with Fortera; will build own SCM plant

Purebase Corp

Purebase Corporation terminated the non-binding Term Sheet with Fortera Corporation for a commercial manufacturing plant.
Company now intends to construct its own manufacturing facility to produce carbon-reducing Supplementary Cementitious Materials (SCM) in Ione, CA.
CEO Scott Dockter stated the decision followed evaluation of the best path forward for developing manufacturing capabilities.
The original non-binding Term Sheet with Fortera was announced on December 1, 2022.

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