VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Three Sixty Solar Ltd. (NEO: VSOL) (“Three Sixty,” “Three Sixty Solar,” or the “Company”), the first company to design, build and patent a commercial solar tower, is pleased to announce that effective today its common shares have commenced trading on the NEO Exchange (NEO) under the ticker symbol “VSOL.”
Three Sixty Solar was founded with a mission to bring solar energy to people and places where it could never go before. By installing solar panels vertically rather than spread out through endless fields, Three Sixty enables operators to save more than 90% of the land they would have otherwise required to install the same amount of power with traditional ground-mounted solar. Three Sixty Solar believes this is a ground-breaking concept that could hold great disruptive potential across the global solar industry.
Three Sixty Solar CEO, Brian Roth notes, “Today’s announcement is the culmination of an extensive effort by our entire team, numerous partners, consultants, and stakeholders. Public listing on a senior exchange is an excellent launchpad to earn immediate attention by the investment community, and through this, we hope to build many positive long-lasting relationships across the nation. We believe we have a unique opportunity to be a significant player in the solar industry and to change the way solar energy is deployed around the globe for decades to come. We look forward to the continued participation of our early and future stakeholders as we continue to build shareholder value in our exciting venture.”
On Behalf of The Board of Directors,
Sincerely,
~Brian Roth~
Brian Roth
Chief Executive Officer & Director
Three Sixty Solar Ltd.
www.threesixtysolar.com
About Three Sixty Solar Corp. (NEO: VSOL)
Three Sixty Solar Ltd. is an all-Canadian enterprise which focuses on solar equipment supply to the global market. The company’s premier product line is the patent pending SVS series commercial solar tower. According to Statistics MRC, the solar farm sector is set to grow to around $296 billion by 2028. Three Sixty Solar’s unique tower concept is a high density, clean energy solution that uses up to 90% less land space than conventional solar farms and can co-locate adjacent to homes, retail, agriculture, and industry, thus minimizing line loss and maximizing energy delivery in places where renewables have been difficult to install until now. In multi-tower applications, developers can utilize the spaces between towers to better leverage land assets through additional revenue generating activities. Designed to withstand major instances of extreme weather, Three Sixty Solar offers a clean energy solution with minimal environmental and habitat impact. To find our more, visit: http://www.threesixtysolar.com and please watch our video. To stay informed, please sign up to receive news alerts and follow on Instagram, Twitter, and Facebook.
About the NEO Exchange
The NEO Exchange is a recognized Canadian exchange for senior public companies and investment products. Operating since mid-2015, NEO was launched with the stated purpose of providing Canadians with a stock exchange that puts the interest of capital-raising companies, investors, and their dealers first. Today, NEO represents close to 10% of all volume traded in Canadian-listed securities, has more than 70 ETF listings, Closed End Funds, and corporate listings. NEO is focused on senior companies because of the belief that companies need to be truly ready before they go public. This is reflected in stringent listing requirements and a strong focus on liquidity and disclosure. For more information visit: https://www.neo.inc/.
Forward Looking Information Disclaimer
Certain statements included in this news release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This news release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Any statements about Three Sixty’s business plans, the Company’s ability to receive necessary regulatory and stock exchange approvals in connection therewith and the terms associated therewith. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including, anticipated costs, and the ability to achieve its goals.
Factors that could cause the actual results to differ materially from those in the forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, and general economic, market or business conditions, changes in legislation and regulations, increase in operating costs, equipment failures, failure of counterparties to perform their contractual obligations, litigation, the loss of key directors, employees, advisors or consultants and fees charged by service providers. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the listing of the common shares of the Company upon completion of the Transaction will occur. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.
Neither the Neo Exchange Inc. nor any securities regulatory authority has approved nor disapproved the contents of this press release.
CONTACT INFORMATION
Three Sixty Solar Ltd.
Investor Relations
Email: investors@threesixtysolar.com
Telephone: +1 (778) 383-6743
Sales & Inquiries
Email: info@threesixtysolar.com
Telephone: +1 (877) 684-1972
