K.B. Recycling Industries Ltd., conducting business as Alkemy (“Alkemy” or, the “Company“), a leading environmental technology company based in Israel, announced today that it has obtained a receipt for its final prospectus filed with the securities regulatory authorities in each of the provinces and territories of Canada (except the province of Québec), and has entered into an underwriting agreement for its previously announced initial public offering (the “Offering“) of units of the Company (the “Units“).