AIMCo invests in Sulvaris, David Sealock named new president, COO
Sulvaris Inc, a developer of technology that converts by-product elemental sulfur into a plant nutrient sulfur fertilizer called Vitasul, has secured equity funding from Alberta Investment Management Corp (AIMCo). The investment, the value of which was not disclosed, will fund the company's Strachan project through to name plate production of more than 200,000 tonnes per year of Vitasul. The Calgary-based Sulvaris also announced that Sunshine Oilsands Ltd executive David Sealock has been appointed to the role of president and COO. In 2013, the company also received project financing from Canadian venture capital firm Avrio Capital and other investors.
19 September 2014•4 mins read
