- K2fly (K2F) has announced Trek Resources has extended its annual Rcubed contract for a further 3 years
- Trek was recently recognised by the Dow Jones World Sustainability Index as in the top 10 per cent of sustainable businesses
- RCubed total contract value has risen 159 per cent in the second quarter to more than $2 million, as the contact terms extend
- On market close, K2F remains steady and selling shares for 21 cents apiece
K2fly (K2F) has announced that Canadian Trek Resources has extended its annual Rcubed contract for a further 3 years.
Trek is a diversified resource company that is committed to responsible mining and mineral development. It has business units which focus on steelmaking coal, copper, zinc and energy.
Headquartered in Vancouver, Canada, Tech owns or has an interest in 13 operating mines, a large metallurgical complex, and several major development projects in the Americas.
K2fly is a technology company which supplies people, products and strategic alliances and helps them solve problems.
RCubed is a software solution that supports reporting codes such as JORC, NI43101 and SAMREC across major stock exchanges.
Trek is a leader in sustainability and committed to responsible resource development. It was recently recognised by the Dow Jones World Sustainability Index as in the top 10 per cent, making it the worlds top-ranked mining company on the index.
“We are very proud to call Teck a customer as they live the values that we aspire to in leading Environment, Social and Governance (ESG) practices in the mining sector,” K2fly Chief Commercial Officer Nic Pollock said.
RCubes total contract value has risen 159 per cent in the second quarter to more than $2 million, as the contact terms extend.
“This trend is expected to continue with further multi-year contracts in the pipeline,” the company told the market.
On market close, K2F remains steady and selling shares for 21 cents apiece.