Three Sixty Solar Ltd. (NEO: VSOL) (OTC: VSOLF)
(“Three Sixty,” “Three Sixty Solar,” or the “Company”), a growing
venture focused on innovative solar equipment supply to the global
marketplace, is pleased to announce the appointment of Mr. Mark
Mukhija as a member of the board of directors with immediate
effect.
Company CEO, Brian Roth notes, “We are excited
to be working with Mark and I welcome him to our board of
directors. Mark brings an outstanding industrial perspective which
is certain to boost the broad prospective so critical to a growing
company. In high growth industries like solar, assembling a strong
board goes hand-in-hand with value creation, and I feel confident
our partners and shareholders alike will be pleased by the impact
our team will bring to this growing venture.”
Mr. Mukhija brings over 15 years of industrial
experience including roles with global mining companies such as
Teck Resources, Barrick, BHP Billiton, and TransAlta. As of June
2023, Mark began a role as the Head of Sales – North America for
Plotlogic, a mining technology company which utilises hyperspectral
imaging and artificial intelligence technology aimed at sustainably
increasing mineral production and reducing waste. From 2018 to
2023, Mark was the General Manager (Australia) for Motion Metrics,
an industrial artificial intelligence and machine learning company
catering to the mining industry with a specific focus on safety and
productivity. Mr. Mukhija was responsible for the P&L, business
development, project management, and logistics of the Motion
Metrics (Australia) operations. Mr. Mukhija is a Professional
Engineer and graduate from the University of British Columbia with
a Bachelor of Applied Science in Mining Engineering (2003).
The Company advises that it has granted Mr.
Mukhija 50,000 stock options (“Options”) exercisable for one common
share of the Company at a price of $1.00 until July 12, 2025. The
Options vest immediately and are subject to a statutory hold period
of four months plus one day.
Three Sixty also announces the resignation of
Rob Birmingham from the board of directors. The Company thanks Mr.
Birmingham for his hard work and service and wishes him well in his
future endeavours.
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) (OTC: VSOLF)
Three Sixty Solar Ltd. is an innovative
alternative energy design, manufacture, and sales organization
which focuses on solar equipment supply to the global marketplace.
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 out more, visit: www.threesixtysolar.com
and please watch our video. To stay informed, please sign up to
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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 the benefits to the
Company of the services to be provided by Mr. Mukhija as a director
of the Company.
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 filing statement dated August 3,
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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