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Clean Current's funding has three major sources:
Private Funding
Several successful private funding rounds have been organized and implemented under the direction of John Greiner, Clean Current's Chief Financial Officer. A total of $4,000,000 has been raised through the sale of Common Shares. Clean Current has only one class of shares issued.
If you wish to be informed of future investment rounds please contact john.greiner@cleancurrent.com .
EnCana Corporation
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| On January 18, 2005 EnCana Corporation committed a $3-million investment from the EnCana Environmental Innovation Fund. All of the funds have been paid to Clean Current. |
| EnCana's Environmental Innovation Fund was established to advance new technologies and solutions that improve environmental performance associated with consuming and producing energy. Commercial proceeds from financed projects will be re-invested into the fund to ensure their sustainability. Further information on EnCana's Environmental Innovation Fund can be found at: www.encana.com |
Sustainable Development Technology Canada (SDTC)
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On June 22, 2005 the Board of Directors of SDTC approved a grant of $933,000. A Contribution Agreement was signed on February 21, 2006. On August 18, 2006 the contract with SDTC was amended to increase the grant to $1,562,000 and to amend Milestone dates to reflect current project status. To date SDTC has advanced $1,423,800.00. SDTC is a not-for-profit foundation that finances and supports the development and demonstration of clean technologies which provide solutions to issues of climate change, clean air, water quality and soil, and which deliver economic, environmental and health benefits to Canadians. Further information on SDTC can be found at: www.sdtc.ca
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