Three Sixty Solar Ltd. (NEO: VSOL) (OTC: VSOLF)
(“Three Sixty,” “Three Sixty Solar,” or the “Company”), an
innovative alternative energy design, manufacture, and sales
organization focused on solar equipment supply to the global
marketplace, is pleased to announce that it has added Keegan Lang
to the Company’s Advisory Board.
Key Points:
- Three Sixty has added Keegan Lang,
Director of Silver Fox Management Inc. ("Silver Fox"), to their
Board of Advisors.
- Mr. Lang brings a wealth of
experience in project development in the renewables space including
managing the delivery of Engineering, Procurement, and Construction
contracts in Canada and the United States.
- Mr. Lang and Silver Fox will aid
Three Sixty Solar in deploying the Company’s technology.
Three Sixty Solar’s CEO, Brian Roth states, “I’m
very excited to be able to add Keegan to our Advisory Board and to
be working more closely with him and the Silver Fox team. Their
expertise in how to fund and deliver projects is expected to be
beneficial in helping us further commercialize our technology.
Additionally, his contacts throughout the solar industry are
already proving beneficial as we work toward supply agreements for
panels and other equipment as well as partnerships with developers
throughout North America.”
Keegan Lang is a seasoned professional in the
field of business development and consultancy with a track record
of accomplishments. With a background in the oil and gas industry,
Keegan transitioned into the renewables sector in 2018, where he
has since thrived. Keegan has played a pivotal role in the growth
of renewable energy projects, leveraging his network of
professionals in the sector. His commitment to customer
satisfaction and a customer-focused approach have enabled him to
deliver more than $200mm worth of installed projects over the last
five years.
Additionally, the company announces it has
granted an aggregate of 200,000 options to purchase common shares
(the “Options”) to Mr. Lang of the Company effective October 3,
2023. 10% of the Options vested on the date of grant, and 15% of
the Options vest on each of the 4-, 10-, 16-, 22-, 28-, and
34-month anniversaries of the date of grant. Each Option is
exercisable by the holder to purchase one common share at a price
of $0.60 until October 3, 2026.
On Behalf of the Board of Directors,
--Brian Roth—
Brian Roth,Chief Executive Officer &
DirectorThree Sixty Solar Ltd.www.threesixtysolar.com
About Three Sixty Solar Ltd.
(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:
www.threesixtysolar.com and please watch our video. To stay
informed, please sign up to receive news alerts and follow us on
Instagram (@threesixtysolar.vsol), Twitter (@ThreeSixtySolar), and
Facebook (@threesixtysolar.vsol).
Forward Looking Information
Disclaimer
This letter contains statements and information
that, to the extent that they are not historical fact, may
constitute “forward-looking information” within the meaning of
applicable securities legislation. Forward-looking information may
include financial and other projections, as well as statements
regarding future plans, objectives, or economic performance, or the
assumption underlying any of the foregoing. In some cases,
forward-looking statements can be identified by terms such as
“may”, “would”, “could”, “will”, “likely”, “except”, “anticipate”,
“believe”, “intend”, “plan”, “forecast”, “project”, “estimate”,
“outlook”, or the negative thereof or other similar expressions
concerning matters that are not historical facts. Examples of such
statements include, but are not limited to, statements with respect
to the Company’s plans to utilize Keegan Lang and Silver Fox to
assist with the delivery and funding of projects and the expected
benefits to the Company of the relationship.
Forward-looking information is based on the
assumptions, estimates, analysis, and opinions of management made
in light of its experience and its perception of trends, current
conditions and expected developments, as well as other factors that
management believes to be relevant and reasonable in the
circumstances at the date that such statements are made, but which
may prove to be incorrect. The material factors and assumptions
used to develop the forward-looking information contained in this
news release include, but are not limited to, key personnel and
qualified employees continuing their involvement with the Company;
the Company’s ability to secure additional financing on reasonable
terms; the competitive conditions of the sector in which the
Company operates; and laws and any amendments thereto applicable to
the Company.
Forward-looking information involves known and
unknown risks, uncertainties and other factors that may cause the
actual results, performance or achievements of the Company to
differ materially from any future results, performance or
achievements expressed or implied by the forward-looking
information, including, without limitation, risks relating to the
future business plans of the Company; risks that the Company will
not be able to retain its key personnel; risks that the Company
will not be able to secure financing on reasonable terms or at all,
as well as all of the other risks as described under the heading
“Risks Factors” in the Company’s annual information form dated
December 29, 2022 filed under the Company’s profile at
www.sedar.com. Accordingly, readers should not place undue reliance
on any such forward-looking information. Further, any
forward-looking information speaks only as of the date on which
such statement is made. New factors emerge from time to time, and
it is not possible for the Company’s management to predict all such
factors and to assess in advance the impact of each such factor on
the Company’s business or the extent to which any factor, or
combination of factors, may cause actual results to differ
materially from those contained in any forward-looking information.
The Company does not undertake any obligation to update any
forward-looking information to reflect information or events after
the date on which it is made or to reflect the occurrence of
unanticipated events, except as required by law, including
securities laws.
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
RelationsEmail: investors@threesixtysolar.com Telephone:
+1-778-383-6743
Sales & InquiriesEmail:
info@threesixtysolar.com Telephone: +1-877-684-1972
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