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Thursday, 01/22/2015 11:40:46 PM

Thursday, January 22, 2015 11:40:46 PM

Post# of 76488
Vega recently announced that the Company was working with Colorado based, Vencor International, Inc. to test Vencor’s torrefied wood product to see if it met the strict specifications to be used as Bio-Coal. The independent testing was successful and Vega has now issued a Purchase Order to Vencor to produce 3,000 tons of Bio-Coal. Production is scheduled to begin later this month. The deal is valued at approximately $600,000.