04:29 PM EST - HTC Purenergy Inc. : said Monday that it has signed an agreement to buy a 15% ownership position in Kingsteel Inc. in exchange for 362,500 common shares of the company at a value of $4.00 per share and an additional $50,000 cash for a total consideration of $1.5 million. HTC Purenergy Inc.
shares V.HTC are trading up 6 cents at $4.44.