NIAGARA FALLS, ON / ACCESSWIRE / January 11, 2022 / EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) ("EHT" or the "Company"), a global leader in renewable energy solar and wind technologies, is pleased to announce all management resolutions proposed in the Management Proxy Circular were approved by shareholders at its Annual General and Special Meeting ("AGM") held Monday, January 11, 2022 including the special resolution to change the name of the Company to Net Zero Renewable Energy Ltd. ("Net Zero") and, subject to TSX Venture Exchange (the "Exchange") approval, change the Company's trading symbol on the Exchange to "NZRE".
EHT intends to complete the corporate name and trading symbol change as soon as practicable following the receipt of requisite regulatory approvals.
EHT believes that the new Net Zero name more accurately represents the Company's innovative portfolio, anchored by the acquisition of Windular earlier this year. The rebrand will include a new website, logo and social media among other corporate initiatives by the Company.
At the Annual General & Special Meeting today, shareholders approved the following resolutions:
- The Election of Four Directors including John Gamble, Bruce Bent, David Woolford and Gerald Foster
- Appointment of HS& Partners LLP as Auditors of the Company
- Ratification and Re-approval of the Stock Option Plan
- Authorizing Article Amendment to Change the EHT Name and Stock Symbol
- Adoption of an Advance Notice Policy
- Authorization to Appoint Directors
About EnerDynamic Hybrid Technologies
EHT (TSXV: EHT) delivers proprietary, turn-key energy solutions which are intelligent, bankable, and sustainable. Most energy products and solutions can be implemented immediately wherever they are needed. EHT stands above its competitors by combining a full suite of solar PV, wind, and battery storage solutions, which can deliver energy 24 hours per day in both small-scale and large-scale format. In addition to traditional support to established electrical networks, EHT excels where no electrical grid exists. The organization supplies advanced solutions for various industries in combination with energy saving and energy generation solutions. EHT's expertise includes the development of module structures with full integration of smart energy solutions. These are processed through EHT's production technologies into attractive applications: modular homes, cold storage facilities, schools, residential and commercial outbuildings, and emergency/temporary shelters. The Windular Research and Technologies Inc. (WRT) division provides leading edge wind technology to the global telecommunication market whereby the WRT system can be implemented directly on any configuration of existing or new towers. WRT provides a renewable source of power in remote and rural locations where the primary source of power is diesel. WRT's innovative system provides clients with a lower overall operating cost as well as a reduction in their carbon footprint.
For further information please contact:
John Gamble, Chief Executive Officer
EnerDynamic Hybrid Technologies Corp.
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 release.
The statements herein that are not historical facts are forward‐looking statements. Forward-looking information relating to sales of the products (the "Opportunities") involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, for the Opportunities to differ materially from those expressed or implied by such forward-looking information. Although EHT believes that the assumptions used in preparing the forward-looking information on the Opportunities outlined in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. EHT disclaims any intention or obligation to update or revise any forward-looking information, whether a result of new information, future events or otherwise, other than as required by applicable securities laws.
SOURCE: EnerDynamic Hybrid Technologies Corp.
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