News Column

Puerto Vallarta Selects NanoStruck

June 23, 2014

NanoStruck Technologies reported a Letter of Intent signed with the Municipality of Puerto Vallarta, Mexico to treat the leachate water at the Puerto Vallarta Landfill site.

In a release, Bundeep Singh Rangar, Interim CEO and Chairman of the Board, said: "Leachate is among the most contaminated wastewaters on our planet. Using the capability of our nanotechnology, we are effectively treating the leachate water and are doing so in a way that protects the environment and saves the Mexican taxpayer money. We believe there is a large opportunity is present for us in this regard."

NanoStruck and Puerto Vallarta Landfill are working towards finalizing an agreement for Puerto Vallarta Landfill to purchase the Plant for a price of approximately C$2.21M including financing costs, payable over 72 monthly payments. The LOI spells out the technology and commercial terms for the proposed undertaking.

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Source: Manufacturing Close - Up

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