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Quadrise Fuels International PLC

Quadrise Fuels signs agreement with Saudi firm for its MSAR fuel technology

Mike Kirk, executive chairman of Quadrise Fuels International PLC (LON:QFI), speaks to Proactive London's Andrew Scott after pencilling a partnership deal with Saudi Arabia-based Al Khafrah Holding Group (AKHG).

The MoA sees the two companies proposing to progress projects in Saudi Arabia that use Quadrise's MSAR fuel technology, with an initial focus on the use of MSAR fuel in boilers, an area in which Quadrise has previously experimented in Saudi Arabia.

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Price: £0.04

Market: LSE
Market Cap: £38.48 m
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Quadrise Fuels' Mike Kirk welcomes strong investor demand in recent fundraise

Quadrise Fuels International PLC's (LON:QFI) Mike Kirk caught up with Proactive London's Andrew Scott to talk through the detail of their recent fundraise. This week the firm announced a £1.8mln open offer for existing shareholders and a further subscription for around £0.7mln. The open...

1 week, 4 days ago

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