SHARC International Systems Inc. (CSE:SHRC)
(FSE:IWIA) (OTCQB:INTWF)
("SHARC" or "the
Company"), is pleased to announce the appointment of the
former Premier of British Columbia, the Honourable Michael "Mike"
Harcourt, BA, LL.B., as a Director of the Company, effective
immediately. The addition of Mr. Harcourt expands SHARC’s board to
five members.
Mike Harcourt brings an unparalleled wealth of
expertise in sustainable development and political leadership to
SHARC. Mr. Harcourt's belief in conservation and sustainable
development has shaped his career both in and out of elected
office.
As former Premier of British Columbia
(1991-1996), Mayor of Vancouver (1980-1986) and City Councillor,
Mr. Harcourt helped British Columbia earn its reputation as one of
the most livable, accessible and inclusive places, through his
expertise in land use and ambitions for sustainability. His
focus on conservation and sustainable development and his resolve
to contribute to the transformation of cities and communities
around the world has played a significant role in promoting quality
of life for those in Canada and abroad.
After stepping down from politics, Mr. Harcourt
was appointed by the Prime Minister to serve as a member of the
National Round Table on the Environment and Economy. There, he
served on the Executive Committee and Chaired the Urban
Sustainability Program. He was also a federally appointed BC Treaty
Commissioner and was Chair of the Prime Minister’s Advisory
Committee for Cities and Communities, mandated to examine the
future of Canada’s cities and communities.
Mr. Harcourt’s exemplary career as a lawyer,
community activist, and politician has been honored with the
Woodrow Wilson Award for Public Service, Canadian Urban institute’s
Jane Jacobs Lifetime Achievement Award, The William Van Horne
Visionary Award from BC Tourist, and the Order of Canada in 2012.
In 2017, he received Vancouver’s highest honor, the Freedom of the
City award. Mr. Harcourt studied at the University of British
Columbia, where he obtained a Bachelor of Arts and a Bachelor of
Laws.
“We are excited that Mr. Harcourt is joining the
board of SHARC,” said SHARC CEO Lynn Mueller. “One glance at his
resume reveals the vast resources he brings to this company. We’re
honoured to be working side-by-side with a visionary in the
sustainable economy sector and one of Canada’s foremost
citizens.”
"SHARC International, its CEO, Lynn Mueller and
its skilled and innovative staff, exemplify my belief that green
economy opportunities are accelerating,” said Mr. Harcourt. “SHARC
International's system recaptures heat, and then creates renewable
non-greenhouse gas-producing energy. It’s a system ideally suited
to our current environmental challenges."
In addition to his sustainability work with the
Canadian Government, Mr. Harcourt is currently chair of the
Advisory Board for the University of British Columbia’s Centre for
Interactive Research on Sustainability.
The Company would also like to announce the
issuance of 300,000 stock options at $0.60 for a period of one year
to directors, employees and consultants.
About SHARC International Systems
Inc.
SHARC International Systems Inc. is a world
leader in thermal heat recovery. SHARC systems recycle thermal
energy from wastewater, generating the most energy efficient and
economical systems for heating, cooling & hot water for
commercial, residential and industrial buildings. SHARC is publicly
traded in Canada (CSE:SHARC), the United States (OTC:INTWD) and
Germany (Frankfurt:IWIA).
Further information about the Company is
available on our website at www.sharcenergy.com or under our
profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD“Lynn
Mueller”Lynn MuellerChairman and Chief Executive Officer
FOR MORE INFORMATION, PLEASE
CONTACT:
Zach HillhouseTelephone: (604) 788-1091Email:
zach.hillhouse@iws-sharc.com
The CSE does not accept responsibility
for the adequacy or accuracy of this release.
Forward-Looking Information
This release includes certain statements that
may be deemed "forward-looking statements". All statements in this
release, other than statements of historical facts, that address
events or developments that the Company expects to occur, are
forward-looking statements. Forward-looking statements are
statements that are not historical facts and are generally, but not
always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would",
"may", "could" or "should" occur. 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. Factors that could cause
the actual results to differ materially from those in
forward-looking statements include regulatory actions, market
prices, exploitation and exploration successes, and continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward-looking statements. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. Except as required
by applicable securities laws, the Company undertakes no obligation
to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors,
should change.