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Xebec Adsorption Inc.

03:39 PM EST - Xebec Adsorption Inc. : announced today that it had entered into a letter of intent with a multi-national company exploring strategic alternatives pertaining to the monetization of its intellectual property portfolio, including the patents and patent applications relating to its gas separation technology. Xebec Adsorption Inc. shares T.XBC are trading up $0.085 at $0.28.