10/26/2026 | Press release | Distributed by Public on 10/26/2026 04:06
Item 1.02. Termination of a Material Definitive Agreement.
On October 21, 2026, HyOrc Corporation (the "Company") received a notice from ONENERGY GREENPOWER EAD and ON ENERGY EOOD ("OnEnergy") purporting to discontinue the Company's participation in a proposed Bulgarian waste-to-methanol project following an unsuccessful joint grant application under the parties' agreement dated March 23, 2026.
The Company disputes the validity of the purported termination and maintains that the contractual conditions for such action have not been established.
HyOrc has formally challenged OnEnergy's position, reserved its contractual and intellectual property rights, and remains open to a constructive resolution.