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Aqua Metals Reaches Agreement with Green Bank to Waive Loan Covenants and Allow the Pursuit of up to $5 million in Leases

Aqua Metals, Inc. (AQMS) 
Last aqua metals, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.aquametals.com
Company Research Source: GlobeNewswire
MCCARRAN, Nev., April 29, 2019 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS), which is reinventing lead recycling with its AquaRefining™ technology, today announced that it has reached agreement with its primary lender, Green Bank, to waive certain covenants and allow the Company to enter into Capital and/or Operating Leases. Pursuant to the waiver, the Company is approved to enter into capital and/or operating leases in the total amount of up to $5.0 million. This provides Aqua Metals additional flexibility to conserve cash as it continues to ramp operations at its first AquaRefinery. About Aqua Metals Aqua Metals, Inc. (NASDAQ:AQMS) is reinventing lead recycling with its patented AquaRefining™ technology. Unlike smelting, AquaRefining is a room temperature, water-based process that emits less pollution. The modular systems are intended to allow the Company to vastly reduce environmental impact and scale lead acid recycling production capacity by licensing the AquaRef Show less Read more
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