#Solar/#EV #Stock News - Solar Integrated Roofing (OTC: $SIRC) Completes EV Charging Acquisition Pacific Lighting Management; @SIRCStock

#Solar/#EV #Stock News - Solar Integrated Roofing (OTC: $SIRC) Completes EV Charging Acquisition Pacific Lighting Management; @SIRCStock 

 

EL CAJON, CA - March 18, 2021 -Breaking Solar/EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, today announced the closing of its previously announced acquisition of Pacific Lighting Management ("Pacific Lighting" or “PLEMCo”).

 

Read this news, featuring SIRC in  full at https://www.investorideas.com/news/2021/renewable-energy/03181SIRC-EV-Charging-Acquisition.asp

 

PLEMCo is a GAAP audited, diversified energy services and electric vehicle (EV) charging station solutions provider to large commercial and government customers. For nearly two decades, PLEMCo has specialized in the design and implementation of solar photovoltaic systems, energy efficiency measures and electric vehicle (EV) charging stations for both commercial and government facilities throughout the southwest. Past PLEMCo customers include federal, state and local governments, school districts, hospitals and large commercial clients. PLEMCo has several long-term (IDIQ-type) contracts with the Federal General Services Administration (GSA & GSA Fleet). The Company is also qualified by the U.S. Department of Energy as an ESCo (Energy Services Company).

 

Spurred by increasingly widespread adoption of electric vehicles by consumers and fleets, the EV charging market is expected to surpass the $39 billion mark by 2027. The market has seen notable commitments from the Biden administration, which hopes to build 500,000 new EV charging stations over the next decade, creating a significant addressable market opportunity.

"PLEMCo is a market leader with best-in-class solutions to support our recently announcing EV charging station division,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “Their highly respected brand and access to the significant government contract market were key factors in our due diligence. We will expand and accelerate their achievements by transitioning their team and customers to supporting our full complement of products and services.

 

“The acquisition is strongly in line with our focus on creating shareholder value by rapidly growing our dedicated EV charging solutions division. We see increasing opportunity for this division as the nation continues its shift to a more sustainable transportation system, enabled by widespread adoption of electric vehicles and our comfortable cash balance of greater than $11 million as of our fiscal year ended Feb. 28, 2021. With the close of this acquisition, we anticipate seeing significant growth in our burgeoning EV charging solutions division.

 

“By integrating our technology, resources, and building on the momentum PLEMCo has established, we can reach our long-term goal of building a nationwide EV charging division in key regional markets.  We expect PLEMCo will be a meaningful contributor to our EV charging revenue growth in 2021 and beyond, as we build on our position as one of nation’s leading integrated, single-source solar power and roofing systems installation companies,” concluded Massey.

 

About Pacific Lighting Management

Founded in 2003, Pacific Lighting & Energy Mgmt. Co., also known as PLEMCo, has over a decade of experience in the sales, design and installation of energy generation and energy & water efficiency measures, serving mainly government and large commercial clients. Pacific Lighting is a qualified US-DoE ESCO. We have been performance rated by Dunn & Bradstreet's OpenRatings. We hold GSA Contracts under Sch. 56 (GS-07F-0167X) offering over 2000 energy efficiency products, and Sch. 84 (GS-07F-0467Y) for FEMP-Enable projects. We hold a BPA (GS-30F-GA083) for the sales of EV Charging equipment to the Federal government, in addition to two similar BPAs (1-14-61-13B & 1-14-61-14D) with the California State. We are a S. Cal. Edison Charge-Ready approved vendor. For more information visit http://www.plem.co/.

 

About Solar Integrated Roofing Corp.

 

Solar Integrated Roofing Corporation (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation company specializing in commercial and residential properties in the Southern California market. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman
Senior Vice President
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#Metals/ #GreenEnergy #Stocks News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Invited By US Embassy, Ottawa To Attend 2021 #SelectUSA Investment Summit As A Canadian Delegation Member; @DefenseMetals

#Metals/ #GreenEnergy #Stocks News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Invited By US Embassy, Ottawa To Attend 2021 #SelectUSA Investment Summit As A Canadian Delegation Member; @DefenseMetals  

 

Vancouver, British Columbia, March 17, 2021 –Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE)) is pleased to announce that it has recently been invited by the U.S Embassy in Ottawa, to attend the 2021 SelectUSA Investment Summit to be held virtually June 7-11, 2021.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/03171DEFN-SelectUSA-Investment-Summit.asp

 

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

 

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals looks forward to attending the 2021 SelectUSA Investment Summit.  At the Summit, Defense Metals will have the opportunity to meet with worldwide investors and engage with U.S. economic developers and service providers who can advise on a potential United States growth strategy. In addition, Defense Metals will continue its engagement with U.S. Interagency players, including the U.S. Department of Energy, the Export-Import Bank of the United States, and the Department of Defense, to reassert its position as a critical player in the U.S. industrial metals industry.”

 

The signing of the U.S.-Canada Action Plan on Critical Minerals Cooperation has fostered dialogue between Canada and U.S.A like no other time before. Together Canada and the USA continue identifying vulnerabilities and challenges in supply chains and facilitating discussions between Canadian mining producers of critical minerals and rare earth elements and U.S. Interagency groups to create a more resilient and safe North American supply chain.

 

With a renewed U.S.-Canada bilateral dialogue underway, and given the geographic proximity,  the 2021 SelectUSA Investment Summit will take a closer look at opportunities for Defense Metals to localize its potential upstream operations near a U.S. end-user to create more resilient access to various North American end users and make the operation less susceptible to trade disruptions, while adopting responsible sourcing and sustainable practices in our industries.  

 

To learn more about SelectUSA, visit https://www.selectusa.gov/ or go to www.selectusasummit.us.

 

 

 

 

Engages Xander Capital Partners

The Company is also pleased to announce that it has engaged Xander Capital Partners Inc. (“Xander”) for corporate consulting and marketing services. In connection with the engagement, the Company has entered into a consulting agreement (the “Agreement”) with Xander dated effective March 17, 2021, pursuant to which they will primarily provide services, including, among other things, assistance with the introduction to industry partners, analysts and banks, digital marketing, native ads, digital podcasts and content development. Pursuant to the Agreement, the engagement will last for approximately three months for a total cost of US$150,000, which includes direct costs for digital marketing and native ads. Xander Capital Partners has over 30 years of cumulative industry specific experience. Xander is headquartered in Orlando, with their reach expanding internationally. Their services include digital marketing and introductions to high net worth individuals, and corporate sponsorship.

 

The Agreement remains subject to the approval of the TSX Venture Exchange.

 

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.  

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the 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 news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the SelectUSA Investment Summit and the expected outcomes and engagement with U.S. agencies, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, the agreement with Xander, the technical, financial and business prospects of the Company, its project and other matters and statements that address the Agreement and the approval by the TSX Venture Exchange. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. 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 the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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---

[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

#RareEarth #Mining Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF)- DEFENSE METALS, GEELY MOTORS ( $GELYF) , THYSSENKRUPP ( $TYEKF) - WATCH OUT, CHINA IS COMING!; @DefenseMetals

#RareEarth #Mining Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF)- DEFENSE METALS, GEELY MOTORS ( $GELYF) , THYSSENKRUPP ( $TYEKF) - WATCH OUT, CHINA IS COMING!; @DefenseMetals

 

 

Vancouver, British Columbia –  March 16, 2021 - Investorideas.com Newswire –Media alert for Defense Metals Corp. ( TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D). The company was featured in the following article: DEFENSE METALS, GEELY MOTORS, THYSSENKRUPP - WATCH OUT, CHINA IS COMING!

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/03161DEFN-China-Coming.asp

 

Full article and Original source

https://news.financial/comments/defense-metals-geely-motors-thyssenkrupp-watch-out-china-is-coming

 

Excerpt

The commodity rally is still in full swing. A messed-up economic forecast has turned into a witch hunt for all major ingredients for high technology products. Whether it's cell phones, electric vehicles, non-fossil fuel power generation and storage, or modern server farms, they are needed everywhere - industrial metals. For special applications, we even need rare earths; these, in turn, are the process of a political chain of demands against the leading supplier - China. If China no longer supplies these crucial materials, modern high-tech products can no longer be manufactured. But where to get them, if not steal them?

 

DEFENSE METALS ( TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D) - A VITAL RESOURCE EMERGES 

Demand in the electric vehicle (EV) industry is causing supply shortages in key metals such as copper, nickel and lithium. For nickel, for example, demand growth from EVs is expected to increase 14-fold between 2019 and 2030. For lithium and copper, demand growth is expected to be 9-10 times. Many metals are extracted in specific regions, and it is not uncommon for there to be political instability due to the high economic dimension. Around 50% of the world's cobalt, another vital material, comes from the Democratic Republic of Congo.

 

The same applies to the so-called rare earths, a unique group of extremely rare metals. The deposits of rare earths are found mainly in China, with more than 80%, and to a lesser extent in North America. The current bone of contention, also under the Biden administration, is arms exports to Taiwan - a major thorn in the Chinese government's side.

 

Should the trade war escalate again, the electromagnetically important metals such as neodymium, praseodymium, dysprosium and terbium could end up on the sanctions list against the US. Currently, the Western industrial nations agree that they have long been talking about strategic metals and that a supply-side dominated by China cannot be the egg of Columbus. So they are looking for new deposits that, if developed, could fill the successive gaps in supply.

 

Canadian explorer Defense Metals has come to investors' attention with its property in Wicheeda, British Columbia. The results of an X-ray study show that the REE grades can be optimally extracted using low-cost front-end processing. The share price jumped from CAD 0.20 in December to over CAD 0.70 in February 2021 as the Defense Project now enters a new phase. With a current share price of CAD 0.46, the market capitalization reaches only CAD 27 million, an interesting level given the tight situation in the metals sector.

 

GEELY AUTOMOBILE  (GELYF) - POOR SALES FIGURES WEIGH ON THE SHARE PRICE

Chinese car Company Geely Automobile Holdings Ltd. has published its delivery figures for February 2021 and has disappointed once again. Growth is declining - one would currently expect something different from e-mobility. In February, a total of 77,221 vehicles were sold, an increase of 265% compared to the same period last year. However, compared with the previous month, when the Company sold 156,326 units, sales slumped by more than half. The sales figures also include vehicles sold through the 50/50 joint venture Lynk & Co.

 

Among the total number of cars delivered by Geely Automobile in February 2021 were 2,539 New Energy and Electrified Vehicles (NEEVs), a significant deterioration from the previous month's 4,289 units (December: 7,171 units). Without further ado, sales of alternative propulsion methods to the internal combustion engine are sputtering. One could invoke the Chinese New Year, but those who want to buy a new car will do so in a month of celebration (perhaps even more so then).

 

Of course, the Geely Group has much more to offer. In December 2020, Geely Technology Group agreed with Daimler's Chinese partner Farasis Energy to represent their shared lithium-ion battery interests in a joint venture. Since Geely, in turn, has a stake in Daimler, an amalgamation of the plans of all three groups is obvious. Geely Automobile's share price has been under pressure since January 2021. From the high of EUR 3.63, it recently went down to EUR 2.40, but that was just about the distance that the share was able to gain in December. Over the year, the value has still doubled.

 

THYSSENKRUPP AG (TYEKF) - GERMANY AT RISK AS A STEEL LOCATION

The future of the German steel sector continues to raise many questions. North Rhine-Westphalia's Minister-President Armin Laschet has once again rejected a state takeover of ThyssenKrupp, leaving the Company itself to deal with the market's adversities. The much cheaper competition from China, in particular, is becoming increasingly dangerous. The industry has been struggling with dumped imports for years.

 

A few years ago, products from the Middle Kingdom were still considered backward. Neither quality nor sustainability could keep up with the European competition, which was why the Chinese campaigned for import restrictions. But the tide has now turned. Arnd Köfler, the Chief Technology Officer at ThyssenKrupp Steel, made it public that the new steel mills in China also met the highest technological standards. The country is massively expanding its renewable energy capacities, which means that more green electricity can be used for climate-friendly steel production in the future.

 

Like the entire European steel industry, ThyssenKrupp is therefore under technological pressure. Thinking a little further, hydrogen technology, for example, would push two issues at once. On the one hand, the automotive industry urgently needs an alternative to the unclean battery, and on the other, H2 could enable the production of a "green steel." Of course, this requires funds that are not easy to conjure up in Thyssen's battered balance sheet. So the pressure from China will tend to intensify.

 

Investors who are willing to take risks have bought Thyssen shares on the upside for the time being because hopes of an economic turnaround are also expected to turn everything around for the better at Thyssen. At EUR 11.65, however, the stock is not yet out of the woods. A chart breakout would only be seen at prices above EUR 13.20.

 

 

Author

ANDRÉ WILL-LAUDIEN

 

 

About Defense Metals Corp. https://defensemetals.com/

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Forward Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to finding partnerships, securing potential offtake agreements, and other business opportunities, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. 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 the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) more disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#RenewableEnergy #Stock News: #Solar Integrated Roofing (OTC: $SIRC) Reports Near-Term Application to Uplist to OTCQB Venture Market; @SIRCStock

#RenewableEnergy #Stock News: #Solar Integrated Roofing (OTC: $SIRC) Reports Near-Term Application to Uplist to OTCQB Venture Market; @SIRCStock 

 

EL CAJON, CA, March 15, 2021 - Breaking Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC),  an integrated, single-source solar power and roofing systems installation company, today announced that it has finalized its transition to a fully reporting company with the completion of PCAOB audited financial statements for the fiscal years ended February 29, 2020 and February 28, 2019 and the filing of a Form 10 Registration Statement with the Securities and Exchange Commission.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/03151SIRC-OTCQB-Venture-Market.asp

 

“The completion of the audit process and submission of a Form 10 to become a fully reporting company is truly a watershed moment and a momentous milestone for our team and valued shareholders,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “These steps will provide additional transparency and assurance to our reported financials for investors evaluating our company. This status also opens us up to a new level of institutional investors and to potentially wider interest from the capital markets community.

 

“Looking ahead, the audit sets the stage for us to file an application to become listed on the OTC Market’s OTCQB® Venture Market in the near-term, with the goal of uplisting to the Nasdaq. We anticipate the increased visibility from an OTCQB listing, when paired with our fully reporting status, could offer significant value as we continue to focus on becoming a cohesive, nationwide platform company for roofing and solar installers. I look forward to the months ahead as we continue our rapid pace of operational execution in an effort to build sustainable value for our shareholders over the long-term.”

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corporation (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation company specializing in commercial and residential properties in the Southern California market. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman
Senior Vice President
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

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