Chemistree Technology Inc.

02:48 PM EST - Chemistree Technology Inc. : Announced that the Company has entered into a Subscription Agreement with Philippine Metals Inc. to invest up to $200,000 in Subscription Receipts. PHI, a TSX Venture Exchange listed issuer, is currently working towards completing a transaction with a new and exciting pure-play renewable energy company focused on the development of wind and solar projects in the US and Mexican markets. Chemistree Technology Inc. shares C.CHM are trading unchanged at $0.04.

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