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HTC Extraction Systems (TSX.V: HTC)

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HTC Extraction Systems (TSX.V: HTC) has developed and optimized proprietary technologies designed for biomass extraction, distillation and purification of ethanol and ethanol-based solvents used for the hemp biomass and cannabidiol (“CBD”) industry, as well as gas and liquid extraction. HTC’s extraction & purification systems are engineered to large-scale to reduce capital and operating costs while delivering superior performance measured by reduced energy usage, lowered emissions and improved quality of the product produced.

Advanced Extraction Technologies

For more than 14 years, HTC has developed and optimized proprietary technology and purification systems used for biomass, gas and liquid extraction. LCDesign® – Low-cost design for modular gas, liquid and biomass extraction systems optimizes plant design, thus reducing capital and operating costs. PDOEngine™ – Software-based design algorithms accurately model and simulate gas, liquid and biomass extraction processing. Delta Solvents™ – Custom-designed, ethanol-based solvent mixtures and additives that optimize production and reduce costs. Technology development is being conducted at HTC’s sponsored research facilities at the University of Calgary.

Company Highlights

  • HTC announced entering into a letter agreement for a CAD$15 million bought deal private placement of units led by Canaccord Genuity Corp. on July 3, 2019 (subject to closing);
  • HTC’s business model includes owning physical assets at extraction and purification facilities to serve the clean energy and hemp biomass industries;
  • Hemp biomass tolling contracts with producers and hemp biomass providers are either signed or being negotiated in Canada and the U.S.;
  • HTC will provide “local to grower” drying-to-biomass storage capability and transportation of dried biomass to HTC extraction facilities;
  • HTC is constructing a 19,000-square-foot GMP Euro compliant extraction tolling facility near Regina, Saskatchewan; and
  • HTC has developed and optimized proprietary extraction and purification systems for biomass, gas and liquid extraction.
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