Deep Green Waste & Recycling, Inc. announced that it has received $0.05 million in funding from GPL Ventures, LLC
March 02, 2021
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Deep Green Waste & Recycling, Inc. (OTCPK:DGWR) announced a private placement of a convertible promissory note for gross proceeds of $50,000 to GPL Ventures, LLC on March 2, 2021. The note is convertible, in whole or in part, at any time and from time to time before maturity, March 2, 2022 at the option of the holder at the conversion price that shall equal the lesser of $0.01 or 60% of the lowest trading price during the valuation period, and the conversion amount shall be the amount of principal or interest electively converted in the conversion notice. The note has a term of one year and bears interest at 10% annually.
Deep Green Waste & Recycling, Inc. is an environmental protection agency (EPA) compliant and state compliant environmental services company. The Company specializes in the meticulous removal of toxic materials, including mold, lead, radon, and asbestos, across both commercial and residential properties. It is also focused on providing waste and recycling services for customers, waste haulers, and recycling centers. The Company is also focused on offering recycling services that reduce the disposal of plastics, electronic wastes, food wastes, and hazardous wastes in the commercial property universe. It is also engaged in designing and managing waste programs for commercial and institutional properties. The Company's wholly owned subsidiaries include DG Treasury, Inc. and Lyell Environmental Services, Inc. (Lyell). Lyell is a commercial environmental and ecological testing services company, which focus on environmental protection and safety.
DEEP GREEN WASTE & RECYCLING, INC. 
