TORONTO, March 26, 2018 /CNW/ - Kontrol Energy Corp.
("Kontrol", or the "Company") (CSE: KNR, FSE: 1K8) continues to execute on its strategic plan to grow revenues through accretive
acquisitions. Kontrol anticipates completing the previously announced data analytics target acquisition (see January 3 rd press release) in the next 45 days. The target acquisition will provide Kontrol with
real-time energy analytics and monitoring technology as a software-as-a-service platform, which can be scaled globally.
Kontrol has the funds on hand to complete this acquisition. The acquisition is subject a final purchase and sale agreement and
applicable approvals.
Debt Facility for Acquisitions
Kontrol is in the process of reviewing several potential debt facilities for future acquisitions, as the equity markets remain
volatile. Kontrol's ability to secure debt financing for accretive acquisitions has allowed the Company to grow revenues at above
market growth rates over the past 18-months while minimizing shareholder dilution. No decision has been made on any structure at
this time.
Equity Structure
Kontrol has less than 30 Million shares outstanding on a fully diluted basis, Kontrol management is focused on adding growth
while minimizing shareholder dilution. Management and insiders own approximately 46% of the common shares.
Blockchain
Kontrol is pursuing Blockchain and Distributed Ledger Technology (DLT) solutions through internal development and is focused
on the key areas of its business operations which can be accelerated through the application of DLT. These include distributed
power generation, carbon reduction and trading, and the Internet of Things (IOT). "Collectively each of these addressable
markets represents in excess of a 2 Trillion-dollar opportunity over the next decade," says
Paul Ghezzi, CEO of Kontrol. "With a strong customer base and growing revenues, we are well
positioned to take a leadership position in this combined addressable market. With respect to Blockchain we remain focused on
building applications using DLT that improves transparency, traceability and cost-effectiveness for our customers."
About Kontrol Energy
Kontrol Energy Corp. (CSE: KNR, FSE: 1K8) is a leader in energy efficiency solutions and technology. Through a
disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy
solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in
Greenhouse Gas (GHG) emissions.
Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at
www.sedar.com
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or
accuracy of this release.
Caution Regarding Forward Looking Statements:
The forward-looking statements in this press release are presented for the purposes of providing information about
management's current expectations and plans and such information may not be appropriate for other purposes. Where the Company
expresses or implies an expectation or belief as to future events or results, such expectations or beliefs are based on
assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that the
Target will be successfully integrated into the Company, that the Distributed Ledger Technology solution is not completed, that
there are material changes to the carbon offset markets from a regulatory or compliance perspective, that suitable businesses and
technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be
concluded, that sufficient capital will be available to the Company, that technology will be as effective as anticipated, that
organic growth will occur, that the Company will succeed in completing its proposed financing, that all conditions precedent to
the acquisition of the Target will be met within the required timeframes, and others. However, forward-looking statements
are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results
expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, that the Target
will not be successfully integrated or will not perform as expected, that Kontrol has insufficient capital to develop the
Distributed Ledger Technology solutions and, there being a lack of acquisition and investment opportunities or that such
opportunities may not be concluded on reasonable terms, or at all, that sufficient capital and financing cannot be obtained on
reasonable terms, or at all, that technologies will not prove as effective as expected that customers and potential customers
will not be as accepting of the Company's (including the Target's) product and service offering as expected, and government and
regulatory factors impacting cryptocurrency generally and the energy conservation industry. Accordingly, undue reliance should
not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly
qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date
hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any
forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise,
except as required under applicable securities law.
SOURCE Kontrol Energy Corp.
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