Parkway Minerals (ASX:PWN) buys intellectual property from...

Parkway Minerals (ASXWN) buys intellectual property from Victoria University

Materials

ASXWN MCAP $19.00M

Recently installed state-aMES pilot plant. Sourced: Parkway Minerals.

· Parkway Minerals (PWN) is purchasing intellectual property for a number of water and wastewater processing innovations from Victoria University

· Over the past few years, the parties have been working together on a number of innovations, including the recent aMES pilot plant

· The purchase includes the intellectual property and commercialisation rights for those innovations

· Additionally, Parkway and the university will expand its collaboration by developing a Framework of Cooperation, which outlines a range of arrangements

· This includes the commissioning, optimisation and operation of the aMES pilot plan

· On the market this afternoon, Parkway is up 11.1 per cent, trading for one cent per share

Parkway Minerals (PWN) is purchasing intellectual property for a number of water and wastewater processing innovations from Victoria University (VU).

The parties have been working together since 2015, more recently with the aMES pilot plant. Over those years, innovations have been developed for the energy, mining and municipal water and wastewater treatment sectors.

Read the full article on The Market Herald here