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News Release



Amendment Provides for the Use of Debt Securities


PHOENIX, AZ, Oct. 18, 2019 (GLOBE NEWSWIRE) -- Taronis Technologies, Inc., (“Taronis” or “the Company”) (NASDAQ: TRNX), a leading clean technology company in the renewable resources and environmental conservation industry, today announced that it has amended its currently filed shelf offering on file with the Securities and Exchange Commission. The amendment is to enable the Company to issue debt securities.

“We have been emphatic with shareholders that we want to grow and expand our business with the least possible dilution,” commented Scott Mahoney, CEO of Taronis. “We have relied entirely on equity capital to fund our growth in the past two years. Today, we have a much larger, more mature company. With the pending $165 million Turkey contract, we believe we can source superior debt capital that could enable us to accelerate our growth plans. We feel that using such capital would be beneficial for all of our shareholders as we execute our business model.”

About Taronis Technologies, Inc.
 
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Autor (Datum des Eintrages): south-west  (21.10.19 12:59:54)
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