Group 1 - GK Resources Ltd. and Syntholene Energy Corp. have filed a Filing Statement related to their reverse takeover transaction, encouraging investors to review it for full details [1][2] - The transaction is expected to close around December 9, 2025, with GK changing its name to "Syntholene Energy Corp." and listing on the TSX Venture Exchange under the new symbol "ESAF" [2] - The transaction remains subject to customary closing conditions, including escrow release conditions and final approval from the TSXV [2] Group 2 - Syntholene Energy Corp. is focused on commercializing a new production pathway for low-cost clean fuel synthesis, targeting ultrapure synthetic jet fuel at a cost 70% lower than competing technologies [4] - The company employs a power-to-liquid strategy that utilizes thermal energy for hydrogen production and fuel synthesis, having secured 20MW of dedicated energy for its upcoming demonstration facility [5] - Syntholene aims to deliver a scalable modular production platform for cost-competitive synthetic fuel, contributing to the commercialization of carbon-neutral efuels globally [6] Group 3 - GK Resources Ltd. is a mineral property exploration company that began trading on the TSX Venture Exchange in March 2019 [7]
GK Resources and Syntholene Energy Announce Filing of Filing Statement
Newsfile·2025-12-04 03:55