|By Marketwired .||
|August 11, 2014 10:54 PM EDT||
QUEBEC CITY, QUEBEC -- (Marketwired) -- 08/11/14 -- Innovente Inc. (TSX VENTURE: IGE) ("Innovente" or the "Corporation") announces that it has obtained an interim loan of an amount of $400,000 to enable the Corporation to meet its liquidity needs during the process undertaken in accordance with the provisions of the Bankruptcy and Insolvency Act, which have been approved by the tribunal on August 7, 2014.
Based in Quebec City, Innovente produces renewable energy by providing communities with a green and sustainable solution for the management of residual organic matter with its patented technology. Innovente stock is listed on the TSX Venture Exchange under the ticker symbol IGE (TSX VENTURE: IGE). www.innovente.ca
Disclaimer regarding forward-looking statements
Certain statements included herein may constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management when they are made, are inherently subject to significant business, economic, and competitive uncertainties and contingencies. Investors are cautioned not to place undue reliance on forward-looking statements. The Corporation disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or other development unless required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as these terms are defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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