PowerBank is trading 8.79% higher at $0.16 after announcing a 2 MW modular data center project in Ontario on October 29.
- The project could generate approximately C$2 million in annual lease revenue, shared with its partner, if key conditions are met.
- The development remains early-stage: permits are outstanding, construction is pending, and PowerBank has not secured a tenant.
- An earlier securities-offering filing may remain a dilution concern.