SHARC

SHARC Energy Hits Pivotal Moment With Closed Business

Retrieved on: 
Monday, March 25, 2024

VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”) the leader in the Wastewater Energy Transfer (“WET”) industry, is proud to announce significant acceleration in its pipeline conversion, marking a pivotal moment in the Company's growth trajectory.

Key Points: 
  • VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. ( CSE: SHRC ) ( FSE: IWIA ) ( OTCQB: INTWF ) ("SHARC Energy" or the “Company”) the leader in the Wastewater Energy Transfer (“WET”) industry, is proud to announce significant acceleration in its pipeline conversion, marking a pivotal moment in the Company's growth trajectory.
  • SHARC Energy's innovative PIRANHA and SHARC WET systems continue to gain momentum with several new projects in submittals.
  • SHARC Energy would like to highlight that international sales interest is growing with regular inquiries from projects pre-submittal worldwide.
  • SHARC Energy is also progressing in new sectors with promising opportunities developing with universities, water utilities, correctional facilities and the design & build/energy sectors.

Veteran C-Suite Executive Joins Revitalization Partners

Retrieved on: 
Wednesday, April 3, 2024

Revitalization Partners has announced that former corporate executive and senior advisor Richard von Riesen has joined the RP team.

Key Points: 
  • Revitalization Partners has announced that former corporate executive and senior advisor Richard von Riesen has joined the RP team.
  • Mr. von Riesen brings more than 30 years of experience in CEO, COO, and CFO roles as a senior financial, strategic planning and business development executive.
  • His resume features extensive experience in technology, retail, healthcare and aerospace, as well as the non-profit sector.
  • He recently served as Executive Chairman for a NASA -approved, scientific imaging company working on the agency’s spaceflight testing of launch and recovery systems.

Pairwise Shares Advantages of Company-Developed Fulcrum™ Platform

Retrieved on: 
Thursday, February 1, 2024

Durham, N.C., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Pairwise , a technology company pioneering genetics-based innovation in food and agriculture, shares multiple recent advances in its Fulcrum™ Platform .

Key Points: 
  • Durham, N.C., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Pairwise , a technology company pioneering genetics-based innovation in food and agriculture, shares multiple recent advances in its Fulcrum™ Platform .
  • Pairwise creates and uses advanced CRISPR-based tools like base editing and templated editing to create the desired level of genetic optimization,” said Ryan Bartlett, Pairwise Chief Technology Officer.
  • A complete suite of these novel technologies and proprietary tools for applying CRISPR technology make up the Fulcrum Platform, and enable Pairwise to unlock unique, commercially viable products with differentiated plant genetics.
  • As an important demonstration of the Pairwise Fulcrum Platform, the company introduced the first CRISPR-edited food to the food service channel and a retail test market in North America.

SHARC Energy Piranha Wet System Secures First California Installation

Retrieved on: 
Wednesday, January 17, 2024

This installation not only represents the largest single PIRANHA installation in the Company’s history, but it also marks the first SHARC Energy installation in the state of California— adding to SHARC Energy's growing global portfolio, with over 30 projects in various stages of operation or installation in the United States, Canada, the UK, and Australia.

Key Points: 
  • This installation not only represents the largest single PIRANHA installation in the Company’s history, but it also marks the first SHARC Energy installation in the state of California— adding to SHARC Energy's growing global portfolio, with over 30 projects in various stages of operation or installation in the United States, Canada, the UK, and Australia.
  • Notably, the PIRANHA WET system demonstrates exceptional performance; for every dollar of energy used to operate the system, it generates four dollars' worth of output on average.
  • SHARC Energy technology is a cornerstone for sustainable development and installations like this only help bring awareness to our capabilities,” says Lynn Mueller, President, and CEO of SHARC Energy.
  • “It is exciting to secure our first California installation for SHARC Energy technology.

Sharc Energy Announces Q3 2023 Financial Results

Retrieved on: 
Wednesday, November 29, 2023

VANCOUVER, British Columbia, Nov. 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 nine months ended September 30, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 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 nine months ended September 30, 2023.
  • During the three months ended September 30, 2023 (“Q3 2023”), the Company reported revenues of $0.55M, a loss of $0.91M and an Adjusted EBITDA3 loss of $0.63M.
  • SHARC Energy and WET is positioned to gain market share in both the near and long term!”
    Michael Albertson, President of SHARC Energy US, added “I continue to be amazed by the response to the opportunity of WET, which has been overwhelmingly positive within our team’s network of Thermal Energy Network (TEN) experts.
  • For complete financial information for the nine months ended September 30, 2023, please see the Condensed Consolidated Interim Financial Statements and Management Discussion and Analysis (“MD&A”) filed on SEDAR at www.sedar.com .

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

Retrieved on: 
Friday, October 20, 2023

( 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

( 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

( 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 Announces Q2 2023 Financial Results

Retrieved on: 
Tuesday, August 29, 2023

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

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.