Tersis Signs MOU for First U.S. SynGenic V3 Deployment in Georgia
TERS filed a M&A and Partnerships on light trading volume (0.1× avg).
Summary
Tersis Technologies signed an MOU with Ameri-Green Environmental Recycling to pursue a joint venture for the first U.S. commercial deployment of its SynGenic V3 resource-recovery technology in Americus, Georgia. This follows a June MOU with Pingkas Capital for international deployment, marking a significant expansion into the domestic market. The partnership leverages Ameri-Green's existing waste infrastructure and local relationships, with both parties contributing assets and expertise toward a definitive agreement. The announcement signals progress in commercializing the technology and could attract investor attention given the company's micro-cap status. Watch for the definitive joint venture agreement and any funding or incentive announcements from Georgia economic development agencies.
At the time of this announcement, TERS was trading at $0.73 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $1.7M. The 52-week trading range was $0.02 to $0.90. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.