October 6, 2016 / 12:57 PM / a year ago

BRIEF-LiqTech, Kailong High Technology amend letter of intent

Oct 6 (Reuters) - Liqtech International Inc :

* Parties agreed to amend agreement, so JV is increasing payment for technology of producing silicon carbide filters

* Co will now be paid $2 million up-front for technology and royalty of $2.25 per liter of filters sold in JV in 2018 - 2020

* LiqTech and Kailong High Technology amend letter of intent

* Due to regulatory issues has not been possible for kailong high technology to meet Sept 30, 2016 deadline for investment in co Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below