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Three Sixty Solar Ltd. — Capital/Financing Update 2022
Oct 4, 2022
42916_rns_2022-10-04_b7f667ed-6f0b-43ac-85fd-cecd134eb64f.pdf
Capital/Financing Update
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Three Sixty Solar Grants Options
VANCOUVER, BC, October 03, 2022 (GLOBE NEWSWIRE) — Three Sixty Solar Ltd. (NEO: VSOL) (“Three Sixty,” “Three Sixty Solar,” or the “Company”), is an all-Canadian enterprise which focuses on solar equipment supply to the global market.
The Company announces it has granted 100,000 stock options (“Options”) to a consultant of the Company, with each Option exercisable for one common share of the Company at a price of $1.00 until September 30, 2024. 50% of the Options vest six months from the date of grant, and the remaining 50% vest one year from the date of grant.
On Behalf of the Board of Directors,
-- Brian Roth —
Brian Roth, Chief Executive Officer & Director Three 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).
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 Relations Email: [email protected] Telephone: +1 (778) 383-6743
Sales & Inquiries Email: [email protected] Telephone: +1 (877) 684-1972