Monday, January 17, 2022

#Metals/ #GreenEnergy #Stock Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Reinforces Leadership Following 100% Acquisition of Wicheeda #REE Property; @DefenseMetals

#Metals/ #GreenEnergy #Stock Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Reinforces Leadership Following 100% Acquisition of   Wicheeda #REE Property; @DefenseMetals

 


Vancouver, British Columbia – January 17, 2022-
Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com-Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) announces  that it is reinforcing its leadership team, following the (100%) acquisition of the Wicheeda Rare Earth Element (REE) Property.

 

Read this in full at https://www.investorideas.com/news/2022/mining/01171DEFN-Wicheeda-REE-Property.asp

 

 

The Company has made the following additions to the Management Team and Board of Directors, as follows:

 

·       Appointment of Dr. Luisa Moreno as President of Defense Metals.

 

Dr. Moreno was first nominated to the Board of Directors on October 25th 2021 and going forward she will be President and Director of the Company. Dr. Moreno is a Physics Engineer, with a Ph.D. in Materials Science and Mechanics from Imperial College London, in the United Kingdom. She has held positions as Senior Analyst, at Toronto based investment banks and as an Investment Research Analyst at a global investment research firm. She is known as a leading analyst in rare earths and strategic minerals specialist.

 

Currently, Dr. Moreno is the Chief Executive Officer of Graphano Energy Ltd. and the Managing Director of Tahuti Global Inc., a company that she founded. As a strategic consultant she has assisted both public and private companies and institutional investors with economic and technical assessments of mineral assets and technologies. She also works with government institutions tasked with mineral development, value addition and supply chain development. Dr. Moreno is also on the board of directors of several companies developing strategic minerals and green technologies.

 

·       Nomination of Dr. William Bird to the Board of Directors.

 

Dr. William H Bird has a unique combination of business credentials and mineral-industry expertise and has a broad experience as officer and independent director for publicly traded mineral-resource companies. For instance, he was the CEO of two publicly traded rare earths companies. He also has a solid academic and research experience. He began his career as a mineralogist with the Anaconda company’s Extractive Metallurgical Research Division, where he worked directly with Anaconda’s worldwide exploration, mine, and metallurgical personnel to solve mineralogical problems. At the University of Colorado, Dr. Bird taught ore mineralogy and microscopy. At Colorado State University, he taught general mineralogy. His research has generally dealt with the mineralogy and ore deposits of precious, base, and minor metals. As a consultant and a company executive, he managed projects involving industrial, ferrous, precious, minor, and base metals. Recently, he has focused on developing low-cost, long-term supplies of the rare-earth elements.

 

Concurrent with his appointment, the Company has granted incentive stock options to Dr. Bird to purchase up to 300,000 common shares of the Company at a price of $0.22 per common share for a period of three (3) years. The options fully vested on the date of grant.


 

Craig Taylor, CEO of Defense Metals commented:

“With the recent completion of a positive and robust PEA, and 100% acquisition of the Wicheeda Project, Defense Metals is entering into a new phase of development, and we are delighted to have the extensive rare earth expertise of Dr. Moreno as President and Dr. Bird as a Director. As President Dr. Moreno’s unique combination of capital markets and strategic minerals specialization will be invaluable as the broader market recognizes the significance of the Wicheeda REE project in the context of North American and global critical minerals space.”

 

About the Wicheeda REE Property

The 2,008 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is near infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Persons

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in NI 43-101. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, defense industry, national security sector and in the production of green energy technologies, such as, rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals owns 100% of the Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada1. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

 


Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated January 6, 2022, with an effective date of November 7, 2021, and prepared by SRK Consulting (Canada) Inc. is filed under Defense Metals Corp.’s Issuer Profile on SEDAR (www.sedar.com).


 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd. Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forwardlooking information or statements within the meaning of applicable securities laws, which may include, without limitation, statements relating to, advancing the Wicheeda Property, the Company’s plans for its Wicheeda Property, and expected results and outcomes, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. 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. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed drilling results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party

sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Friday, January 14, 2022

#Cleantech and #ClimateChange #Podcast - Are #Nuclear and #NaturalGas the New #Green? - New Contraversial Proposal from #EU says yes, but history shows a seesaw of opinions



 

 

 

#Cleantech and #ClimateChange #Podcast -  Are #Nuclear and #NaturalGas the New #Green? - New  Contraversial Proposal from #EU says yes, but history shows a seesaw of opinions  

 

January 14, 2022 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues a special edition of the Cleantech and Climate Change Podcast, featuring a look as some of the new controversial  green initiatives being proposed .

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2022/011422-CleanTech.mp3

 

Read this in full at https://www.investorideas.com/news/2022/cleantech-climatechange/01141Nuclear-Natural-Gas.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Just when you think you have figured out green investing and you have bet on EV’s with Tesla (NASDAQ: TSLA) or NIO (NYSE: NIO)  , the European Union announces  plans to  make nuclear power and natural gas plants part of   green investments . This is  creating a lot of questions and controversy. This is not a done deal and may not pass but this is  what  they are thinking and it may drive investors to yet another direction in energy.

 

In a press release from January 1st they said, “The European Commission began consultations yesterday with the Member States Expert Group on Sustainable Finance and the Platform on Sustainable Finance on a draft text of a Taxonomy Complementary Delegated Act covering certain gas and nuclear activities. “ 

 

They go on to say “Taking account of scientific advice and current technological progress, as well as varying transition challenges across Member States, the Commission considers there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future. Within the Taxonomy framework, this would mean classifying these energy sources under clear and tight conditions (for example, gas must come from renewable sources or have low emissions by 2035), in particular as they contribute to the transition to climate neutrality.”

 

They tell investors ,”  The EU Taxonomy is a robust, science-based transparency tool for companies and investors. It creates a common language that investors can use when investing in projects and economic activities that have a substantial positive impact on the climate and the environment. It will also introduce disclosure obligations on companies and financial market participants.”

 

This is all part of the plan to meet the objectives of the net zero plan for 2050 and the

The EU Green Deal .

 

So for investors I have to join their  confusion as we revisit headlines from 2019  like “Give Up Your Gas Stove To Save The Planet? Banning Gas Is The Next Climate Push

From the August 2019 article – “In July, Berkeley, Calif., became the first city in the country to ban natural gas in new buildings, starting next year. City officials say new efficient electric appliances have lower carbon footprints than gas-powered furnaces and water heaters.

 

"We need to tackle climate change every way that we can and by doing this, we're not asking people to change that much," says Kate Harrison, the Berkeley City Council member who led the initiative.”

 

Yet in Obama’s 2014  State of the Union address he said, "If extracted safely," Obama said, natural gas is "the 'bridge fuel' that can power our economy with less of the carbon pollution that causes climate change."

 

And that’s  just a brief view of the whipsaw of opinions on natural gas over the years ;  when you  Google ,why  is nuclear energy not considered green? you get this answer:

The mining, milling and enrichment of uranium into nuclear fuel are extremely energy-intensive and result in the emission of carbon dioxide into the atmosphere from the burning of fossil fuels. ... Thermal pollution from nuclear power plants adversely affects marine ecosystems.

 

But as they say in their proposal –  don’t worry,  they will be classifying these energy sources under clear and tight conditions.

 

My advice to investors is do your own due- diligence and dig deep through all the layers of a product or energy source  and find out all the real benefits and potential problems of the solution being presented. It’s your money – your time is worth it .Don’t  just rely on headlines and the new buzzwords when it comes to the generational health of this planet and the people living on it.

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Amazon, Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

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#RenewableEnergy #Stock News- Solar Integrated Roofing Corp. (OTC: $SIRC) Reports Record Third Quarter Fiscal 2022 Financial Results; @SIRCStock

#RenewableEnergy #Stock News- Solar Integrated Roofing Corp.  (OTC: $SIRC) Reports Record Third Quarter Fiscal 2022 Financial Results; @SIRCStock

 

On-Track to Substantially Exceed $100M Financial Guidance as Annual Run-Rate Approaches $200M

 

Third Quarter Fiscal 2022 Revenue Increases 964% Year-over-Year to Record $48.2 Million; Management Guides Significant Sequential Revenue Growth Entering CY2022

 


EL CAJON, CA / January 14, 2022 /
 Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC),  an integrated, single-source solar power, roofing systems installation and EV charging company, has reported its financial and operational results for the third quarter ended November 30, 2021.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2022/renewable-energy/01141Record-Third-Quarter.asp

 

Key Third Quarter and Subsequent Highlights

·        Revenue for the third quarter of fiscal 2022 increased 964% to $48.2 million, as compared to revenue of $4.5 million in the same year-ago quarter.

·        Secured lease agreement with Mohave Farms, a tier-1 multi-generational agriculture operator, to build and operate a $36 million micro-grid project for a 20,000 acre farm near Kingman, Arizona.

·        Partnered with Heartland Construction, a national alternative energy developer, to provide electric vehicle (EV) charging station installations for Heartland solar projects.

·        Formed a strategic partnership with Storm Ventures Group ("SVG") and SVG University to educate contractors within the SVG network on the benefits of adding solar to their service offering via USA Solar Networks, a member of the SIRC family of companies.

·        Partnered with the Founders of RxSeedCoin, a cryptocurrency asset listed on the Stellar Exchange, to develop a cryptocurrency funding solution for humanitarian commercial solar projects.

·        Appointed an experienced executive team to support the Company’s rapid growth, including veteran finance executive Wanda Witoslawski as Chief Financial Officer, industry executive Pablo Diaz as President and respected operations executive Dr. Philip Yin as Chief Operating Officer of SIRC subsidiary, USA Solar Networks.

·        Appointed renewable energy finance executive Héctor Peña to the Board of Directors.

·        Initiated targeted program to realize significant cost synergies across the SIRC family of companies, creating a shared corporate infrastructure to lower costs and improve operating efficiency.

·        Entered into a $42.0 million equity purchase agreement with Arbiter Capital LLC to be used for share buybacks, acquisitions and to invest in continued organic growth.

 

Management Commentary

“The third quarter of fiscal 2022 was highlighted by record revenue of $48.2 million, driven by seamless integration of our rapidly growing, high-margin acquisitions and our evolution into a truly national brand,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “The rapid pace of our acquisitions, partnerships and organic sales growth has enabled this incredible record revenue achievement, and we aim towards substantially exceeding our fairly conservative guidance for $100 million in revenue in the twelve months ended May 31, 2022.  However, this is only a fraction of the run-rate I believe we can achieve by the end of this calendar year with significant sequential growth expected throughout CY2022.  It is impossible for me to overstate what a triumphant accomplishment this quarter represents, serving as both a milestone and a turning point in the company’s history.  We continue to focus on integration of our acquired companies, allowing us to capture the full revenue lifecycle of our customers while bringing new synergies and efficiencies across the SIRC family of companies.

 

“Our prominent national brand and accomplishments have helped to attract new partnerships across a wide variety of industries, utilizing our products and expertise across solar, battery backup, EV charging and roofing installation.  From EV power charging stations, to powering water harvesting products, to enabling cleaner poultry farming – our diverse array of end-customers continues to amaze us as they identify exciting, unique use cases for our clean energy solutions.

 

“As we transition into CY2022, we look forward to completing the next phase of our journey by implementing a name change to SolarEV and a planned ticker change to POWR. While our record quarter clearly demonstrates proven success in solar, we intend to redouble our efforts to become an equally dominant, national player in the EV charging space, with an eye towards exponential, dual-industry growth and an improved focus on generating shareholder value.

 

“Looking ahead, empowered by a recent equity purchase agreement with Arbiter Bank, we are setting off on the next leg in our acquisition journey. We have identified several extremely promising candidates with healthy potential at attractive prices that require no dilution whatsoever to our shareholders.

 

“Finally, we will continue and improve upon our ongoing efforts to engage with our shareholders through our frequent Q&A events and presentations. As CEO, I have never been more excited to see what the future holds for our beloved company. I would like to personally thank each and every one of our valued shareholders for their support in making our successful transition to an industry powerhouse possible,” concluded Massey.

 

Third Quarter Fiscal 2022 Financial Results

Revenue for the third quarter of fiscal 2022 increased 964% to $48.2 million, as compared to revenue of $4.5 million in the same year-ago quarter. The increase was driven by the Company’s continued acquisitions, as well as continued organic growth across the SIRC family of companies.

 

Gross profit increased 2,372% to $25.2 million, or 52% of total revenues, in the third quarter of fiscal 2022, as compared to $1.0 million, or 22% of total revenues, in the same year-ago quarter.

 

Total operating expenses for the third quarter of fiscal 2022 were $7.1 million, as compared to total operating expenses of $1.6 million for the same year-ago quarter. The increase was mainly attributable to increased operational scale, driven by a series of acquisitions made in the prior preceding year.

 

Net income for the third quarter of fiscal 2022 was $18.4 million, or $(0.05) per basic and diluted common share, as compared to a net loss of $0.6 million, or $(0.00) per basic and diluted common share, in the third quarter of fiscal year 2021.

Cash and cash equivalents totaled $1.5 million as of November 30, 2021, as compared to $10.3 million at February 28, 2021.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power, roofing systems installation and EV charging company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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SinglePoint Inc. (OTCQB: $SING) Subsidiary, BOX Pure Air, Receives Nearly $2M Purchase Order with North Carolina School District for Full Implementation of AIRBOX™ #AirPurifiers to Address Indoor Air Quality @_Singlepoint_

SinglePoint Inc. (OTCQB: $SING) Subsidiary, BOX Pure Air, Receives Nearly $2M Purchase Order with North Carolina School District for Full Implementation of AIRBOX™ #AirPurifiers to Address Indoor Air Quality @_Singlepoint_



PHOENIX - January 14, 2022 (Investorideas.com Newswire) SinglePoint Inc. (OTCQB: SING) ("SinglePoint" or the "Company") subsidiary BOX Pure Air, a company dedicated to creating safe, clean indoor air zones to improve overall air quality and general health, today announced the receipt of a purchase order from a North Carolina school district to fully implement a clean indoor air solution utilizing the AirBox™ Apex, Peak and Mesa units. This is the Company's first larger purchase totaling nearly $2.0M dollars. The North Carolina school district is implementing a full campus solution customized to the specific needs within the various indoor rooms' combination of units. AIRBOX AIR PURIFIERS™ are commercial-grade solution built in the USA that uses Certified HEPA filtration with high velocity to affect the dynamic room air flow for a comprehensive pathogen hardened solution. AirBox is high quality, requires low maintenance, is easy to use and offers a 5-year warranty on all products.




"The team at BOX Pure Air, have collaborated with this district since the early spring of 2021 in order to create safe indoor air environments. We are pleased with their decision to move forward with our Made in the USA Commercial AIRBOX Air Purification Units that utilize Certified HEPA filtration distributed by BOX Pure Air. This is the first full implementation order of an entire district and although this district represents less than 25 schools, we are in active discussions with several other individual schools and small, medium and large school districts. The indications of interest from school Superintendents, Facilities Managers and other key decision makers continues to accelerate and we continue to see incremental increases in orders coinciding with actual availability of the federal funding," stated Ryan Cowell, CEO of BOX Pure Air.

EPA studies of human exposure to air pollutants indicate that indoor levels of pollutants may be two to five times - and occasionally more than 100 times - higher than outdoor levels. These levels of indoor air pollutants are of particular concern, because most people spend about 90 percent of their time indoors.

School districts are increasingly interested in providing cleaner indoor air quality in areas of the building where it can be difficult to enforce social distancing. In addition to COVID, the common cold and flu often rapidly spreads throughout schools during the winter months. This causes many students and faculty undue missed days of school impacting both the child's education and their families at home. The national government funding that is now being deployed will enable the schools to purchase high efficiency portable air purification units that utilize certified HEPA filtration to improve the health and well-being of students and staff within our nation's schools.

"This is an exciting time for the SinglePoint shareholders and stakeholders as we are beginning to see growing demand for clean indoor air solutions and we are well-positioned to take advantage of that increasing demand to create clean indoor air environments at school, at work and at home. This initial full implementation of a school district reaffirms our decision to acquire BOX Pure Air and the initial go-to-market strategy which was and still is primarily focused on our nation's schools as they look for solutions to keep schools open and provide clean air for students and educators. While the aggregate size of this school district is small the opportunity for SinglePoint shareholders is large as there are over 130,000 K-12 schools in the US. The team at BOX Pure Air has done a phenomenal job securing initial orders not just in K-12 schools but within various colleges and universities as they look for similar solutions within the common educational areas but also within on-campus student residence halls and dormitories. We expect that BOX Pure Air will continue to secure additional sales in the near term and continue to establish itself as a leader in creating safe, clean indoor air zones as clean indoor air can no longer be ignored and is an essential right," commented Wil Ralston, CEO of SinglePoint.

Units will be deployed throughout the district's schools in elementary, middle and high school classrooms, cafeterias, libraries administrative offices, teachers lounges, counseling centers, media centers, conference rooms, multi-purpose rooms, common areas, nurses offices, auditoriums, gymnasiums, locker rooms, film rooms, weight rooms, etc. The units were purchased as a long-term solution comprised of AirBox™ Commercial Air Purifiers utilizing Antimicrobial and Certified HEPA Filters and additional filters designed for coverage over the next three years.

The AIRBOX™ products (APEX, APEX 2.0, PEAK and MESA) are commercial-grade, American made, high-proficiency energy-efficient air purification technology to meet the growing demand for improving indoor air quality. AIRBOX products are designed, built, and certified to government standards, and meet the FDA's enforcement policy guidelines for air purifiers during COVID-19, as well as Department of Education (DOE) requirements, and OSHA, CDC, and ASHRAE conformance. AIRBOX is UL listed and uses only CERTIFIED HEPA filters in all its Safe Air Plan applications.

About BOX Pure Air, LLC

BOX Pure Air strives to provide the best products to help clean air through the deployment of high-efficiency air purification technologies. Box Pure Air works with national accounts and has exculsive multi state territories as well as exclusive international rights. Learn more at www.boxpureair.com

BOX Pure Air is a subsidiary of SinglePoint, Inc. (OTCQB: SING)

Contact Information:

info@boxpureair.com
(843) 936-6649

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company's website (www.singlepoint.com) and connect on LinkedInTwitterFacebook, and YouTube.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Investor Contact:

JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com

SOURCE SinglePoint Inc.



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