Bion Reports on Finance and Leadership [Yahoo! Finance]
BION ENVIR TECHS INC (BNET)
NASDAQ:AMEX Investor Relations:
biontech.com/investor
Company Research
Source: Yahoo! Finance
treatment technology and sustainable livestock production, announced today that it has received a commitment from a group led by its three newest board members for $500,000 in short term financing. Details of the transaction will be available in an 8-k, to be filed next week. However, the short-term facility will consist of a note, convertible into shares at the terms of Bion's next offering. Proceeds will be used to maintain the company's operations until a larger offering can be completed. Bion's new leadership intends to pursue both the Stovall Ranching Company JV to produce premium Montana beef, and the standalone opportunity to provide ammonia control solutions in the industrial and municipal sectors. Craig Scott, Bion's interim CEO, stated, “It's no secret we ran out of both leadership and cash; but we are serious about putting the train back on the tracks. The train – our technology – did not break. In fact, it has exceeded expectations. This new leadership group – Turk,
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News
- Bion's Commercial Nitrogen Fertilizer Now OMRI Listed for Organic Use [Yahoo! Finance]Yahoo! Finance
- Bion’s Commercial Nitrogen Fertilizer Now OMRI Listed for Organic UseGlobeNewswire
- Bion Reports on Finance and LeadershipGlobeNewswire
- Bion Announces New Board Members [Yahoo! Finance]Yahoo! Finance
- Bion Announces New Board MembersGlobeNewswire
BNET
Sec Filings
- 8/29/24 - Form 8-K
- 8/2/24 - Form 8-K
- 8/1/24 - Form 5
- BNET's page on the SEC website