Waste Energy Advances Two Strategic Expansion Initiatives as Company Builds Larger Waste Infrastructure Platform

Waste Energy Corp. (OTCID:WAST) has signed a non-binding letter of intent to acquire an established tire processing operation for approximately $1.2 million, including an approximately 10-acre industrial property, with the company set to own 51% of the acquisition entity. Management estimates the operation could process roughly 3-5 million tires annually and generate $3-5 million in annual revenue if the transaction closes and anticipated processing levels are achieved — a potentially meaningful revenue addition for a micro-cap platform.

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