PwrCor, Inc. announced that it has received $0.67 million in funding
October 11, 2017
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On October 12, 2017, PwrCor, Inc. (OTCPK:PWCO) closed the transaction. The company issued 6,650,000 units for gross proceeds of $665,000. The transaction included participation from 13 accredited investors. The company issued 4,800,000 units for gross proceeds of $480,000 in its second tranche.
PwrCor, Inc. (PwrCor) is a cleantech energy technology company. The Company is developing advanced, novel solutions in the waste-heat-to-energy, geothermal, clean water, hydrogen production, and other markets. With its heat conversion technology, it is able to produce cost-effective mechanical or electric power from wasted heat-from low-grade heat in the 250 to 400 F range down to ultra-low temperatures in the 140 to 250 F range. PwrCor technology can be used to convert low levels of heat from any source, including industrial, geothermal, or solar, into sufficient mechanical power to drive reverse osmosis equipment wherever there is access to water, including sea water, without even having to produce electricity. PwrCor technology is also positioned to facilitate the Energy Transition initiative by creating power from heat generated in the production of Hydrogen and Ammonia, as well as from fuel cells, thereby reducing cost of operations.
PWRCOR, INC. 
