Sunday, September 14, 2025

Kontrol Energy Announces It Has The Intent Of Applying To List On The TSX

Kontrol Energy Corp (CSE: KNR) this morning announced that it has “authorized management to review the process” to move to both the Toronto Stock Exchange. If successful, the company then intends to begin the process of filing with the SEC to enable the company to apply to the Nasdaq.

Essentially, the company headlined the news that it has the “intention to begin the process of uplisting,” meaning the task is nowhere near being completed.

Unrelated to the future intentions of the company, Kontrol this morning also announced that it has seen its proposed name change approved, with the company expected to implement the name “Kontrol Technologies Corp” by the end of the year.

Also announced this morning by the company is the news that it has completed a debenture exchange. The exchange effectively saw debentures due in 2020 exchanged for debentures that come due on October 31, 2022. In total, $3.65 million worth of debentures were issued at an 8% interest rate, with each unit comprised of one debenture valued at $1,000, which is non convertible, along with 10 common shares of the company. $871,000 in new proceeds were raised in connection with the offering, while $2.1 million in 2020 debentures were redeemed in cash by the firm.

Kontrol Energy last traded at $3.80 on the CSE.


Information for this briefing was found via Sedar and Kontrol Energy Systems. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Kontrol Energy Enters Exclusive Distribution Arrangement Across First Responder And Public Transport Industries

Kontrol Energy Corp (CSE: KNR) this morning announced that it has entered into an exclusive...

Tuesday, December 1, 2020, 07:49:59 AM

Kontrol Energy Finally Releases Some Data On BioCloud Detection Limits

Well after a month following the initial release of “positive lab results for COVID-19 testing,”...

Thursday, October 29, 2020, 09:06:50 AM

Kontrol Energy Announces HVAC Integration For BioCloud, Product Demonstrations In UAE

Kontrol Energy Corp (CSE: KNR) this morning had a minor update in relation to its...

Friday, December 11, 2020, 07:58:57 AM

Kontrol Energy Begins Initial Production Of BioCloud Units

Kontrol Energy Corp (CSE: KNR) has begun the initial production runs of its BioCloud units....

Thursday, December 3, 2020, 07:17:07 AM

Kontrol Energy Enters Non-Exclusive Distribution Agreements For BioCloud

Kontrol Energy (CSE: KNR) this morning issued what it refers to as an update on...

Wednesday, November 18, 2020, 08:43:54 AM