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Solar Alliance Announced $1,000,000 Non-brokered Private Placement and Shares for Debt Exchange

Solar Alliance Announced $1,000,000 Non-brokered Private Placement and Shares for Debt Exchange

太陽能聯盟宣佈爲債務交易提供100萬美元的非經紀私募和股票
GlobeNewswire ·  05/15 06:44

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

/不用於向美國新聞通訊社分發或在美國進行傳播/

TORONTO and KNOXVILLE, Tenn., May 14, 2024 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. ('Solar Alliance' or the 'Company') (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and industrial solar sector, is pleased to announced its intention to complete a non-brokered private placement of up to 20,000,000 units of the Company (the "Units") at a price of C$0.05 per Unit for gross proceeds of up to C$1,000,000 (the "Offering"). Each Unit will be comprised of one (1) common share of the Company (a "Common Share") and one (1) Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to acquire one (1) Common Share (a "Warrant Share") at an exercise price of C$0.07 per Warrant Share at any time for a period of thirty-six (36) months following the closing of the Offering. Closing of the Offering is expected to be on or about June 20, 2024 or such other date or dates that that the Company may determine.

多倫多和田納西州諾克斯維爾,2024年5月14日(GLOBE NEWSWIRE)——專注於商業和工業太陽能行業的領先太陽能解決方案提供商太陽能聯盟能源公司(“太陽能聯盟” 或 “公司”)(多倫多證券交易所股票代碼:SOLR)很高興地宣佈,它打算在非經紀人基礎上完成公司不超過20,000,000個單位(“單位”)的私募配售每單位價格爲0.05加元,總收益不超過1,000,000加元(“本次發行”)。每個單位將由公司一(1)股普通股(“普通股”)和一(1)份普通股購買權證(“認股權證”)組成。每份認股權證的持有人有權在發行結束後的三十六(36)個月內隨時以每股認股權證0.07加元的行使價收購一(1)股普通股(“認股權證”)。本次發行的截止日期預計爲2024年6月20日左右或公司可能確定的其他日期或日期。

The Units will be offered by way of the "listed issuer" financing exemption (the "Listed Issuer Exemption") under National Instrument 45-106 – Prospectus Exemptions ("NI 45-106") in all the provinces of Canada with the exception of Quebec, and such other jurisdictions as the Company may determine (the "Selling Jurisdictions"). Since the Offering is being completed pursuant to the Listed Issuer Exemption, the securities issued under the Offering will not be subject to a hold period under applicable Canadian securities laws.

這些單位將通過國家儀器45-106下的 “上市發行人” 融資豁免(“上市發行人豁免”)發行— 招股說明書豁免 (“NI 45-106”)在加拿大所有省份,魁北克省以及公司可能確定的其他司法管轄區(“銷售司法管轄區”)除外。由於本次發行是根據上市發行人豁免完成的,因此根據適用的加拿大證券法,根據本次發行發行的證券將不受持有期限制。

The Company intends to use the net proceeds from the Offering for general corporate and working capital purposes. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the "TSXV") and applicable securities regulatory authorities.

公司打算將本次發行的淨收益用於一般公司和營運資金用途。本次發行的完成需滿足某些條件,包括但不限於獲得所有必要的批准,包括多倫多證券交易所風險投資交易所(“TSXV”)和適用的證券監管機構的批准。

In addition, the Company has agreed to settle CAD$115,000 of debt owed to an Insider of the Company, in consideration for the issuance of 2,300,000 Common Shares at a deemed price of CAD$0.05 per Common Share (the "Debt Settlement"). The debt is payable in respect of loans owed to the Insider by the Company. The closing of the Debt Settlement is subject to the approval from TSXV. The Corporation expects that the proposed Debt Settlement will assist the Company in preserving its cash for working capital and the board of directors of the Corporation believes the Debt Settlement is in the best interests of the Corporation. The securities to be issued pursuant to the Debt Settlement will be subject to a four month and one day statutory hold period from the date of issuance.

此外,公司已同意結清欠公司內部人士的11.5萬加元債務,以每股普通股0.05加元的認定價格發行2,300,000股普通股(“債務清算”)。債務是根據公司欠內幕人士的貸款來償還的。債務清算的完成需獲得多倫多證券交易所的批准。該公司預計,擬議的債務和解將有助於公司保留現金作爲營運資金,公司董事會認爲債務清算符合公司的最大利益。根據債務和解發行的證券將自發行之日起有四個月零一天的法定持有期。

Certain directors, officers and Insiders of the Company are expected to acquire Units under the Offering and to participate in the Debt Settlement. Such participation will be considered to be a "related party transaction" as defined under the policies of the TSXV and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company anticipates relying on exemptions from the minority shareholder approval and formal valuation requirements applicable to the related-party transactions under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as neither the fair market value of the Units to be acquired or the participation in the Debt Settlement by the participating directors, officers and Insiders nor the consideration to be paid by such directors, officers and Insiders is anticipated to exceed 25 percent of the Company's market capitalization. Units issued to directors, officers and Insiders of the Company will be subject to a hold period of four months in accordance with the policies of the TSXV.

公司的某些董事、高級管理人員和內部人士預計將收購本次發行下的單位並參與債務清算。根據多倫多證券交易所和第61-101號多邊文書的政策,這種參與將被視爲 “關聯方交易” — 在特殊交易中保護少數股權持有人 (“MI 61-101”)。公司預計,將依賴密歇根州61-101第5.5(a)條和第5.7(1)(a)條分別對關聯方交易適用的少數股東批准和正式估值要求的豁免,因爲待收購單位的公允市場價值或參與的董事、高級管理人員和內部人士參與債務清算以及此類董事、高級管理人員和內部人士支付的對價預計都不會超過其中的25% 公司的市值。根據多倫多證券交易所的政策,向公司董事、高級管理人員和內部人士發行的單位將有四個月的持有期。

There is an offering document related to the Offering that can be accessed under the Company's profile at and on the Company's website at . Prospective investors should read this offering document before making an investment decision.

有一份與本次發行相關的發行文件,可在公司簡介下和公司網站上查閱,網址爲。潛在投資者在做出投資決定之前應閱讀本發行文件。

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the United States Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

本新聞稿不構成美國任何證券的賣出要約或收購要約的邀請。這些證券過去和將來都不會根據經修訂的1933年《美國證券法》或任何州證券法進行註冊,除非根據美國證券法和適用的州證券法進行註冊或獲得此類註冊的豁免,否則不得在美國境內向美國個人或爲美國個人的賬戶或利益發行或出售(定義見美國《證券法》S條)。

Myke Clark, CEO

邁克·克拉克,首席執行官


For more information:

Investor Relations
Myke Clark, CEO
416-848-7744
mclark@solaralliance.com

欲了解更多信息:

投資者關係
邁克·克拉克,首席執行官
416-848-7744
mclark@solaralliance.com


About Solar Alliance Energy Inc. (
)


關於太陽能聯盟能源公司 ()

Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors. Our experienced team of solar professionals reduces or eliminates customers' vulnerability to rising energy costs, offers an environmentally friendly source of electricity generation, and provides affordable, turnkey clean energy solutions. Solar Alliance's strategy is to build, own and operate our own solar assets while also generating stable revenue through the sale and installation of solar projects to commercial and utility customers. The Company currently owns two operating solar projects in New York and actively pursuing opportunities to grow its ownership pipeline. The technical and operational synergies from this combined business model supports sustained growth across the solar project value chain from design, engineering, installation, ownership and operations/maintenance.

Solar Alliance 是一家能源解決方案提供商,專注於商業、公用事業和社區太陽能領域。我們經驗豐富的太陽能專業團隊可減少或消除客戶對能源成本上漲的脆弱性,提供環保的發電來源,並提供經濟實惠的交鑰匙清潔能源解決方案。Solar Alliance的戰略是建造、擁有和運營我們自己的太陽能資產,同時通過向商業和公用事業客戶出售和安裝太陽能項目來創造穩定的收入。該公司目前在紐約擁有兩個正在運營的太陽能項目,並積極尋找機會擴大其所有權渠道。這種合併的商業模式帶來的技術和運營協同效應支持太陽能項目價值鏈從設計、工程、安裝、所有權和運營/維護的持續增長。

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. The words "would", "will", "expected" and "estimated" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different than those expressed or implied by such forward-looking information. Such factors include but are not limited to: statements, projections and estimates with respect to the Offering and Debt Settlement, including the terms, timing and completion thereof, the use of proceeds of the Offering, the resale restrictions of the securities issued pursuant to the Offering, the issuance of the Units pursuant to the Listed Issuer Exemption uncertainties related to the ability to raise sufficient capital; changes in economic conditions or financial markets; litigation, legislative or other judicial, regulatory, legislative and political competitive developments; technological or operational difficulties; the ability to maintain revenue growth; the ability to execute on the Company's strategies; the ability to complete the Company's current and backlog of solar projects; the ability to grow the Company's market share; the high growth US solar industry; the ability to convert the backlog of projects into revenue; the expected timing of the construction and completion of the 565-kW and 872 KW Tennessee solar project; the ability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the construction sector, capital market conditions, restriction on labour and international travel and supply chains; potential corporate growth opportunities and the ability to execute on the key objectives in 2024. Consequently, actual results may vary materially from those described in the forward-looking statements.

本新聞稿中的陳述,除純粹的歷史信息外,包括與公司未來計劃和目標或預期業績有關的陳述,均構成前瞻性陳述。“將”、“將”、“預期” 和 “估計” 等詞語或其他類似的詞語和短語旨在識別前瞻性信息。前瞻性信息受已知和未知風險、不確定性和其他因素的影響,這些因素可能導致公司的實際業績、活動水平、業績或成就與此類前瞻性信息所表達或暗示的業績存在重大差異。這些因素包括但不限於:與本次發行和債務清算有關的聲明、預測和估計,包括其條款、時間和完成情況、本次發行所得的使用、根據本次發行發行發行的證券的轉售限制、根據上市發行人豁免發行單位與籌集足夠資本能力相關的不確定性;經濟狀況或金融市場的變化;訴訟、立法或其他司法、監管、立法和政治競爭發展;技術或運營困難;維持收入增長的能力;執行公司戰略的能力;完成公司當前和積壓太陽能項目的能力;增加公司市場份額的能力;高增長的美國太陽能行業;將積壓的項目轉化爲收入的能力;565kW的預計建設和完工時間以及 田納西州 872 千瓦太陽能項目;預測和抵消 COVID-19 對公司業務影響的能力,包括但不限於 COVID-19 對建築業、資本市場狀況、勞動力和國際旅行及供應鏈的限制;潛在的企業增長機會以及在 2024 年執行關鍵目標的能力。因此,實際結果可能與前瞻性陳述中描述的結果存在重大差異。

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

“多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。”


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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