Vancouver, British Columbia (FSCwire) - Solar Alliance Energy, Inc. (‘Solar Alliance’) or (the ‘Company’) (TSX-V: SAN, OTCQB: SAENF) is pleased to announce that the Company's common stock has been listed and approved for trading on the OTCQB Marketplace in the United States under the symbol "SAENF", effective today. The Company also announces that Roth Capital Partners, LLC has been appointed as the Company's new Investment Bank Principal American Liaison ("PAL"), in accordance with the OTCQB Rules for International Companies.
"Listing on the OTCQB will provide greater access to a broader range of American institutional and retail investors and enhance trading liquidity,” said Chairman and CEO Jason Bak. “Solar Alliance is expanding our business in California and we are pleased to provide American investors a more convenient and transparent trading platform. This listing represents our continued commitment to our shareholders and will be combined with a coordinated investor relations program as we focus on building a business that captures value from the transition to electricty generation from distributed solar power.”
"This listing will improve investor accessibility and serve as a stepping stone for a possible listing on the OTCQX, NYSE MKT or the NASDAQ in the future," concluded Mr. Bak.
Quotes for Solar Alliance’s U.S. symbol are available directly from the OTCQB at: http://www.otcmarkets.com/stock/SAENF/quote.
The Company's common shares will continue to be traded on the TSX Venture Exchange under its existing symbol "SAN".
Jason Bak
Chairman & CEO
For more information:
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Solar Alliance
Myke Clark
Chief Marketing Officer
+1 (604) 288-9051
info@solaralliance.com
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About Solar Alliance Energy Inc. (www.solarallianceofamerica.com)
Solar Alliance is a solar sales and marketing firm focused on residential solar installations. Our mission is to encourage the transition to an independent, distributed solar market through a strong management team that combines technical, sales, marketing and financial expertise. Solar Alliance is committed to an exceptional customer experience, effective marketing campaigns and superior lead generation in order to drive sales and generate value for shareholders. Since its inception in 2003, Solar Alliance has developed over 360 megawatts of renewable energy projects and subsequently sold them to utilities or large independent power producers, and has installed more than 2,000 residential solar systems in southern California. Solar Alliance is located in Vancouver, British Columbia and San Diego, California.
Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. The words “would”, “will”, “expected” and “estimated” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different than those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the ability to raise sufficient capital, changes in economic conditions or financial markets, litigation, legislative or other judicial, regulatory and political competitive developments and technological or operational difficulties. Consequently, actual results may vary materially from those described in the forward-looking statements.
“Neither 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 release."
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/solaralli02182016_0.pdfSource: Solar Alliance Energy Inc. (TSX Venture:SAN, OTC Pink:FNVRF, OTCQB:SAENF) http://www.solarallianceofamerica.com/
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