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Acceleware Ltd. Announces Additional Funding For Marwayne Rf Xl Pilot

Dec 20, 2022•almost 3 years ago
Calgary

Description

Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading developer of technologies targeting low-cost and clean extraction of heavy oil and bitumen, today announces that Alberta Innovates has provided a further $900,000 in non-dilutive grant funding for Acceleware’s RF XL pilot project at Marwayne, Alberta (the “Pilot”).

Company Information

Company

Acceleware

Location

Calgary, Alberta, Canada

About

Acceleware (www.acceleware.com) is an innovator of clean-tech decarbonization technologies comprised of two business units: Radio Frequency (RF) Heating Technology and Seismic Imaging Software. Acceleware is a public company listed on Canada’s TSX Venture Exchange under the trading symbol “AXE”.

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