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Stock impact report

Bion Gives Company Update

BION ENVIR TECHS INC (BNET) 
NASDAQ:AMEX Investor Relations: biontech.com/investor
Company Research Source: GlobeNewswire
New York, NY, May 22, 2024 (GLOBE NEWSWIRE) -- Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in advanced livestock waste treatment technology and premium sustainable beef, gave the following company update: We have faced several challenges in the last year that began with the construction delays at Fair Oaks and were complicated by ongoing management transition issues (resulting from the passing of our long-term CEO/COO). As a result, we have been unable to raise sufficient capital through our traditional retail sources. We are exploring all strategic options to raise capital and propel the company forward.  We knew that building a team and platform to commercialize our technology would require substantial strategic investment.  We are optimistic about our ongoing conversations with potential clean energy, utility, and agriculture partners, and we have begun raising capital with existing shareholders to fund near-term requirements. We are restarting operations at Show less Read more
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