SHARC International Systems Inc.

SHARC Energy Completes North American Piranha Certification

Retrieved on: 
Tuesday, November 14, 2023
Transfer, FSE, NSF, Safety, CSE, ETL, Energy, WET, SHRC, SHARC International Systems Inc., Certification

( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce that the PIRANHA Wastewater Energy Transfer (“WET”) system has successfully completed testing in compliance with CSA/UL Standards 60335-2-40, and NSF 5.

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce that the PIRANHA Wastewater Energy Transfer (“WET”) system has successfully completed testing in compliance with CSA/UL Standards 60335-2-40, and NSF 5.
  • The PIRANHA series will now bear the Electrical Testing Laboratories (“ETL”) listed mark indicating to distributors and customers that the product is compliant to North American standards and provides a pathway for the PIRANHA series to gain compliance in key North American markets requiring state approval.
  • The attainment of this certification opens doors for SHARC Energy, facilitating market penetration in North America and serving as a valuable credential in expanding to other global markets with stringent product compliance requirements.
  • Furthermore, the ETL listed mark equips SHARC Energy with a trusted mark, enhancing the marketability of the PIRANHA series.

SHARC Energy at Forefront of Alexandria’s Sustainable Mega Campus Initiative

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Friday, October 20, 2023
Transfer, Temperature, SHRC, Heart, SHARC International Systems Inc., SHARC, McKinstry, Carbon, Disclosure, CSE, The Seattle Times, Teaching, FSE, Heat, Climate change, Sewage treatment, Renewable energy, Alexandria Center of Arts

( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to provide an update to a previously disclosed project in the heart of Seattle .

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to provide an update to a previously disclosed project in the heart of Seattle .
  • This initiative clearly demonstrates the benefits of public-private partnerships based on King County's progressive sustainable legislation.
  • By utilizing the consistent 70-degree wastewater temperature from the sewer system, wastewater treated as a renewable resource offers a sustainable alternative to traditional energy sources.
  • At the heart of this sustainable project lies the SHARC WET System , engineered to serve the 1.6 million-square-foot life science mega campus.

Sharc Energy Appoints Dermot Sweeny to Board of Directors, Strengthening Its Commitment to Sustainable Design

Retrieved on: 
Wednesday, October 18, 2023
Transfer, Knowledge, SHRC, Health, LEED, Economics, SHARC International Systems Inc., Sustainable development, Gold, CSE, ROI, Urban Land Institute, Architect, Triple-A (baseball), Sweeny&Co Architects Inc., FSE, Heat, Platinum, Class, Renewable energy, Management, SHARC

( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce the appointment of Dermot Sweeny, President and Founder of Sweeny&Co Architects Inc. (“Sweeny&Co”), to its Board of Directors.

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce the appointment of Dermot Sweeny, President and Founder of Sweeny&Co Architects Inc. (“Sweeny&Co”), to its Board of Directors.
  • Mr. Sweeny’s extensive experience and dedication to sustainable architectural design directly aligns with SHARC Energy’s mission of advancing environmentally responsible energy solutions.
  • Collaborating with industry partners seeking cutting-edge technology to enhance the economics of sustainable development, we are dedicated to catalyzing positive change within the sustainable energy sector.
  • His contribution will play a pivotal role in advancing our mission and establishing SHARC Energy as the leading choice for sustainable energy solutions, delivering unparalleled ROI within the industry.

SHARC Energy Adds Peter Busby, World-Renowned Sustainable Architect, to Its Board of Directors

Retrieved on: 
Wednesday, September 20, 2023
Transfer, RAIC, CSE, University, LEED, Annual, Perkins and Will, SHRC, SHARC International Systems Inc., FSE, Canada Green Building Council, US, SHARC, Simon Fraser University, Growth, Perkins, Annual general meeting, Film industry, FRAIC

( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) would like to welcome world-renowned sustainable architect Peter Busby, C.M., FRAIC, LEED Fellow , to its board of directors, as voted by shareholders at the recently held Annual General Meeting on September 12, 2023.

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) would like to welcome world-renowned sustainable architect Peter Busby, C.M., FRAIC, LEED Fellow , to its board of directors, as voted by shareholders at the recently held Annual General Meeting on September 12, 2023.
  • Mr. Busby is a principal at Perkins & Will , a global design practice founded in 1935, with over 28 offices and over 2,500 employees.
  • He is best known for his development of sustainable design in Canada, founding the Canada Green Building Council in 2002 that brought LEED to Canada.
  • The Company would also like to extend its gratitude and thank Al Saurette and Sashko Despotovski for their contribution to SHARC Energy as members of the board.

SHARC Energy Featured in NYSERDA’s Empire Building Challenge Project

Retrieved on: 
Tuesday, September 12, 2023
Transfer, Omni, Heart, Climate, Maintenance, State, CSE, Housing, Whitney Young, SHRC, FSE, Empire, Carbon, Nuveen, Development, SHARC International Systems Inc., Fresh water, Growth, Heat, NYSERDA, Renewable energy

( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce that it has received a purchase order for a SHARC Wastewater Energy Transfer (“WET”) system for the Whitney Young Manor recapitalization project in Yonkers, New York.

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce that it has received a purchase order for a SHARC Wastewater Energy Transfer (“WET”) system for the Whitney Young Manor recapitalization project in Yonkers, New York.
  • This project, spearheaded by Nuveen , is a successful project moving forward under the New York State Energy Research & Development Authority’s (“NYSERDA”) Empire Building Challenge .
  • SHARC Energy and its New York representative HIGHMARK are proud to be supporting this project, as it serves as an example of Energy and Climate Equity investment into historically underserved and marginalized communities.
  • Whitney Young Manor is a significant project in New York's sustainable urban development landscape and is supported by NYSERDA’s Empire Building Challenge.

SHARC Energy Announces Q2 2023 Financial Results

Retrieved on: 
Tuesday, August 29, 2023
Transfer, Chemical engineering, Public Service Commission, SHRC, SHARC International Systems Inc., Inflation, MD, Heat, Area studies, Maintenance, False Creek, FSE, Federal, Cooking, SEDAR, Knowledge, YTD, Legislation, Exercise, State, CSE, Energy, History, Carbon, Water, CFO, Adjustment, PSC, WET, Albertson, Partnership, Senate, GHG, Dollar, Sale, SHARC, Inflation Reduction Act of 2022, Elysius subterra, Sales, Cryptocurrency, Security (finance), Heating, ventilation, and air conditioning, Renewable energy, Natural gas, City

VANCOUVER, British Columbia, Aug. 29, 2023 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) announces it has filed financial results for the six months ended June 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 29, 2023 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) announces it has filed financial results for the six months ended June 30, 2023.
  • During the three months ended June 30, 2023 (“Q2 2023”), the Company reported revenues of $0.45M, a loss of $1.64M and an Adjusted EBITDA3 loss of $0.52M.
  • Hanspaul Pannu, CFO and COO of SHARC Energy, said, "The second quarter saw some key achievements.
  • We remain steadfast in our belief SHARC Energy is well-positioned for success.”
    Appointment of Michael Albertson as SHARC US President.

SHARC Energy Receives Purchase Order for Brooklyn Development Supported by Governor of New York

Retrieved on: 
Monday, August 21, 2023
Transfer, New York (state), State, CSE, Underrepresented group, Electricity, Public Service Commission, SHRC, Plumber, FSE, Passive house, SHARC International Systems Inc., Water, SHARC, Solar energy, Heat, Health, PSC, WET, Legislation, Renewable energy, Alafia

SHARC Energy has completed the final submittal process with its New York State representative HIGHMARK and has received a purchase order for a SHARC 660 Wastewater Energy Transfer (“WET”) system to be included in the initial phase of the development.

Key Points: 
  • SHARC Energy has completed the final submittal process with its New York State representative HIGHMARK and has received a purchase order for a SHARC 660 Wastewater Energy Transfer (“WET”) system to be included in the initial phase of the development.
  • In December 2022, New York State Governor Kathy Hochul announced that construction had begun for the redevelopment of the former 27-acre Brooklyn Developmental Center property in Brooklyn's East New York neighborhood.
  • The initial phase of the development is comprised of two buildings featuring a SHARC system and a PIRANHA system.
  • The Company is working with HIGHMARK on the final submittal for the PIRANHA system and expects that purchase order soon.

SHARC Energy’s Innovative Thermal Energy Solutions in Spotlight During Governor Inslee’s Visit

Retrieved on: 
Tuesday, July 18, 2023
Transfer, State, CSE, CETA, Policy, Ageing, SHRC, FSE, CCA, Inflation, SHARC International Systems Inc., Thermal energy storage, SHARC, Inflation Reduction Act of 2022, Climate, Heat, Coast, Renewable energy, Washington State

VANCOUVER, British Columbia, July 18, 2023 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) is pleased to announce the recent visit of Governor Jay Inslee to Coastline Equipment, Inc., a key partner and supporter of SHARC Energy, at Coastline’s Bellingham, Washington operation. The visit underscores SHARC Energy's growing market presence and the growing recognition of its pioneering work in Wastewater Energy Transfer (“WET”).

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce the recent visit of Governor Jay Inslee to Coastline Equipment, Inc ., a key partner and supporter of SHARC Energy, at Coastline’s Bellingham, Washington operation.
  • The visit underscores SHARC Energy's growing market presence and the growing recognition of its pioneering work in Wastewater Energy Transfer (“WET”).
  • During the visit, Governor Inslee gained insights into the potential of Wastewater Energy Transfer and SHARC Energy's unique ability to create low-carbon, energy efficient & energy resilient Thermal Energy Networks (“TENs”) and Thermal Energy Storage (“TES”) Systems from a previously unrecognized renewable energy resource—Wastewater.
  • SHARC Energy extends its gratitude to Governor Inslee and all attendees for their interest and engagement.

SHARC Energy Strengthens Executive Team With Appointment of Michael Albertson

Retrieved on: 
Friday, June 30, 2023
Global minimum corporate tax rate, International Ground Source Heat Pump Association, CSE, Senior, IGSHPA, Marketing, Sales & Marketing Executives International, SHRC, Albertson, SHARC International Systems Inc., FSE, Government, Organization, HVAC, Inflation, US, GEO, Knowledge, Growth, Inflation Reduction Act of 2022, OEM, Renewable energy, Management

VANCOUVER, British Columbia, June 30, 2023 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) is thrilled to announce the strategic addition of industry veteran Michael Albertson to our executive team as the President of SHARC Energy (US) Systems Inc. Albertson, with his extensive experience and proven track record as a renewable thermal energy expert with a focus on Thermal Energy Networks (“TENs”) and district energy networks, is set to play a pivotal role in driving the Company's growth and revenue generation.

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is thrilled to announce the strategic addition of industry veteran Michael Albertson to our executive team as the President of SHARC Energy (US) Systems Inc. Albertson, with his extensive experience and proven track record as a renewable thermal energy expert with a focus on Thermal Energy Networks (“TENs”) and district energy networks, is set to play a pivotal role in driving the Company's growth and revenue generation.
  • Albertson's appointment comes at a critical time as SHARC Energy continues to expand its reach and enhance its services.
  • With Albertson on board, SHARC Energy is poised to accelerate its growth and continue to deliver innovative and sustainable energy solutions to clients worldwide.
  • “The addition of Michael is a monumental step in the evolution of SHARC Energy.

SHARC Energy Is Officially Debt-Free

Retrieved on: 
Wednesday, June 7, 2023
Transfer, Acceleration, CFO, Growth, CSE, SHRC, FSE, SHARC International Systems Inc., SHARC, Security (finance)

( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce that it has extinguished 100% of its outstanding convertible debt liability and exercised nearly 100% of its expiring warrants.

Key Points: 
  • ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) is pleased to announce that it has extinguished 100% of its outstanding convertible debt liability and exercised nearly 100% of its expiring warrants.
  • The Company is now debt-free with a total working capital gain of $7.4 million (M) since the beginning of the year.
  • “This marks the first time since the first quarter of 2017 that SHARC Energy’s balance sheet will be free of convertible debt.
  • The full conversion of debt into equity by our loyal and supportive shareholders validates their confidence in the Company and its growth prospects,” says Hanspaul Pannu, CFO of SHARC Energy.