SHARC Energy Announces Issuance of Shares for Debt

From GlobeNewswire: 2024-11-22 18:40:05

SHARC International Systems Inc. has completed the issuance of 431,818 common shares to settle a $47,500 debt with an arm’s length party. The securities issued are subject to a hold period of four months plus one day. The company specializes in energy recovery from wastewater, providing efficient heating, cooling, and hot water solutions for various buildings and thermal energy networks. SHARC Energy is publicly traded in Canada, the United States, and Germany. Chairman and CEO, Lynn Mueller, emphasizes the importance of forward-looking statements in assessing the future developments and operations of the company.



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