$ASRE Astra Energy Inc.'s New CEO Immediately Pays
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Posted On: 08/10/2023 12:45:22 PM
$ASRE Astra Energy Inc.'s New CEO Immediately Pays Off Convertible Note Ahead of Maturity Date
https://www.globenewswire.com/news-release/20...-Date.html
SAN DIEGO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- via IBN -- Astra Energy Inc. (OTCQB: ASRE) (“Astra” or the “Company”) today announces that the company's new Chairman and CEO prepaid the only convertible note on the balance sheet to avoid any potential dilution to the company’s stock and to protect shareholder interest.
Mr. Loudoun has extensive experience in business development and operational leadership as well as an innate ability to achieve common goals that advance aligned strategic priorities for the companies he is involved in. He brings expertise that will ensure that efficiency, focus, and a drive toward creating value are embedded in all aspects of organizational decision-making.
"Astra is at a very exciting operational inflection point. Years of concerted effort and business development have brought the company to a point where both the Holcomb and Regreen technologies can be presented to a backlog of potential customers. With manufacturing in place, the timing for this company to advance could not be better. We are looking forward to a very rewarding time for all stakeholders," said Ron Loudoun, CEO and Chairman.
https://www.globenewswire.com/news-release/20...-Date.html
SAN DIEGO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- via IBN -- Astra Energy Inc. (OTCQB: ASRE) (“Astra” or the “Company”) today announces that the company's new Chairman and CEO prepaid the only convertible note on the balance sheet to avoid any potential dilution to the company’s stock and to protect shareholder interest.
Mr. Loudoun has extensive experience in business development and operational leadership as well as an innate ability to achieve common goals that advance aligned strategic priorities for the companies he is involved in. He brings expertise that will ensure that efficiency, focus, and a drive toward creating value are embedded in all aspects of organizational decision-making.
"Astra is at a very exciting operational inflection point. Years of concerted effort and business development have brought the company to a point where both the Holcomb and Regreen technologies can be presented to a backlog of potential customers. With manufacturing in place, the timing for this company to advance could not be better. We are looking forward to a very rewarding time for all stakeholders," said Ron Loudoun, CEO and Chairman.
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