Clean Vision Corp (CLNV)

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C-S /Jalaber Term Sheet Highlights

The Term Sheet is intended to govern the relationship between the parties until such time that a formal definitive agreement may be implemented. It provides for the two companies to enter into a business relationship in which C-S will establish a new US company, Clean-Seas Brittany, LLC (CSB), and JD will set up any corresponding business entities as needed within France.

Under the terms, CSB is to:

Manage construction, operations, contractors, finances and off-take customers for pyrolysis oil, AquaHtm hydrogen, char, and lubricants for a 100 tons-per-day (TPD) pyrolysis facility -- with potential to increase to 500 TPD.
Hold a controlling stake in the resultant jointly owned entity.
JD is to:

Provide suitable land to support 100-TPD processing, and additional land to expand to 500 TPD processing if later agreed upon.
Obtain all licenses and permits as required, and secure tax incentives if available.
Source feedstock and assist with off-take agreements.
Ensure compliance with Basel Convention rules for the responsible storage and recycling of feedstock coming from other nations.

$CLNV @ByzenInc @CleanVisionCorp @cleanseasinc #GreenEnergy #cleanenergy #hydrogen #fuelcell #India #windpower #solarenergy #renewableenergy #Oil #renewables #climatechange #Africa #Morocco #climatecrisis #plasticwaste #EndPlasticPollution #PCN #France