Examples of using Cellcube in English and their translations into German
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CellCube will retain 19.9% and certain off-take rights.
There are currently over 100 CellCube batteries in use globally.
The CellCube FB 200-400 comprises a power stage and an energy stage.
The Facility isnon-exclusive in terms of equity capital raising by CellCube.
For every two shares of Cellcube held by Cellcube shareholders of record.
CellCube has signed an exclusivity agreement to collaborate will Bettenenergy in Thailand.
Once all terms are known, CellCube will issue a more comprehensive news release.
CellCube has established a record date of January 4, 2019, for the spin-out of its 100-per-cent-owned Bisoni Mackay and Bisoni-Rio vanadium assets into the newly formed V23 Resource see news release dated June 28, 2018.
M i ke will be replacing BrianStecy k who has le a d CellCube over the past two years through a period of rapid and successful global expansion.
The CellCube energy storage system provides emission-free energy based on Vanadium Redox Flow technology.
We are now taking it one step furtherby increasing the energy storage capacity of the local energy system through a CellCube storage system, thus making sure we can utilize even more of the renewable energy produced on site.
We are confident, that with support from CellCube, we will rapidly grow our business and be a trusted solution of choice for the Thailand e n ergy Industry," said Supaporn Saengtrakulcharoen, Director of Bettenergy.
This financing, together with our working capital and the previously announced tax refund in the approximate amount of $1.67 million, will solidify the Company well into the new year." commented Mike Neylan,CEO of CellCube.
Another exhibit will be the impressive power stage of the CellCube FB 200-400, which with 200 kW and 400 kWh provides tremendous energy reserves for widely differing applications and is therefore the perfect solution for industrial use.
We are delighted that recent sampling program indicates the presence of highly significant concentrations of v anadium mineralization between the Gi bellini property and our Bisoni McKay and Bisoni-R ioclaims," s tated Mike Neylan, President and CEO of CellCube.
In addition, the intended spin out will allow CellCube and its management team to firmly focus on its energy storage solutions while ensuring a vertically integrated supply chain of high purity vanadium," added Mr. Neylan.
Although the audit is advanced and in the final stages, we do need a bit more time for the auditors to complete their work, particularly as it relates to the application of complex international financial reporting standards to the Company's foreign acquisition and the associated deferred tax accounting," states Mike Neylan,CEO of CellCube.
Under the terms of the acquisition, Pure will become a wholly- owned s ubsidiary of CellCube and the Company will acquire all the assets and assume the obligations owing in connection with Pure's research& development and business operations.
CellCube shareholders of record owning common shares of the C ompany on November 30, 2018 will be eligible to receive the distribution of one(1) common share of V23 for every two(2) common shares of CellCube upon completion of the spin out arrangement.
We are excited to be partnering with their team to promote CellCube's influence within the vanadium market, while also promoting our own value and commitment to the production of clean energy," added Brian Stecyk, President of CellCube.
CellCube supplies vertically integrated energy storage systems to the power industry and recently acquired the assets of Gildemeister Energy Storage GmbH, now renamed Enerox GmbH, the developer and manufacturer of CellCube energy storage systems.
The companies entered into an agreement for the sale of the CellCube flow ba ttery system and its associated services, including the logistics, installation, control integration, and ongoing operational maintenance and services of the CellCube energy storage system.
CellCube supplies vertically integrated energy storage systems to the power industry and recently acquired the assets of Gildemeister Energy Storage GmbH, now renamed Enerox GmbH, the developer and manufacturer of CellCube energy storage systems.
Further to its Press Release of June 28, 2018, CellCube Energy Storage Systems is pleased to announce further details involving the spinout of its 100-per-cent-owned vanadium project, the Bisoni Mackay and Bisoni-Rio in Nevada, into a newly formed subsidiary, V 23 Resource Corp.
CellCube recently acquired Jet Power, a North American leading-edge provider of custom and off-the-shelf electrical equipment and systems for heavy power users, pipeline companies, refineries, manufacturers, municipalities, and infrastructure providers and equipment.
The installation slated for F all of this year marks CellCube's first project in Sweden and is seen as an important step for s upporting future grid scale and decentralized storage system additions in the Scandinavian electricity markets," says Stefan Schauss, President of CellCube.
CellCube shareholders of record owning common shares of the Company on January 4, 2019, will be eligible to receive the distribution of one common share of V23 Resource for every two common shares of CellCube upon completion of the spinout arrangement.
CellCube has received interest by institutional investors in both North America and Europe and we are delighted to have entered into this financing arrangement with Alumina Partners who have been very active investors in high-growth Canadian companies," added Mr. Neylan.
CellCube is a Canadian public company listed on the Canadian Securities Exchange(symbol CUBE), the OTCBB(symbol CECBF), and the Frankfurt Exchange(Symbol 01X WKN A2JMGP) focused on the fast-growing energy storage industry which is driven by the large increase in demand for renewable energy.