EGUANA TECHS INC ORD - EGTYF STOCK NEWS

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Eguana Technologies Inc. (EGTYF) is a leading developer and manufacturer of high-performance energy storage systems, focusing on residential and commercial applications. With a suite of micro inverter products integrated with its energy storage platform, Eguana offers consumers a complete solar + storage system architecture. The company has two decades of experience in grid edge power electronics and delivers durable, high-quality solutions from its manufacturing facilities globally.

Despite facing challenges like personnel changes and audit delays, Eguana aims to file its annual financial statements by May 31, 2024. The company's vision is to accelerate grid modernization by providing flexible, modular, and cost-effective alternatives to traditional grid upgrades. Eguana's technology benefits consumers, electricity retailers, distribution utilities, and system operators, contributing to grid resilience and modernization.

04/29/2024 09:00 AM

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Eguana Introduces Eguana Edge

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Eguana Technologies Inc. introduced the Eguana Edge™, a utility feeder load balancer that provides Distribution System Operators with a fleet of energy storage assets to stabilize feeder loading and voltage quality. The Eguana Edge™ is designed for DERMS integration to offer system level ancillary services like demand response, frequency regulation, and spinning reserve. The company is currently demonstrating the product with utilities in Canada and the USA, targeting distressed feeder lines with voltage support needs or high solar penetration. The Eguana Edge™ combines Eguana's energy storage solutions with fleet management software and maintenance services, offering the most value as a utility-owned asset.

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04/26/2024 09:00 AM

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Eguana Provides Update on Anticipated Late Filing of Annual Financial Statements

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Eguana Technologies Inc. provides an update on the anticipated late filing of its annual financial statements for the year ended December 31, 2023. The company confirms its intention to continue satisfying alternative information guidelines and issue bi-weekly default status reports. There are no material changes to the information disclosed in the default announcement. Eguana has applied for a voluntary management cease trade order to the Alberta Securities Commission and other regulators, which, if granted, will stay in effect until the annual filings are submitted.

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04/19/2024 09:00 AM

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Eguana Announces Anticipated Late Filing of Annual Financial Statements

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Eguana Technologies Inc. announces a slight delay in filing its annual financial statements due to personnel changes and audit delays, with an expected filing date by May 31, 2024. The Company is applying for a voluntary management cease trade order to stay in effect until the filings are complete.

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04/15/2024 09:00 AM

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Eguana Provides Financial Update

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Eguana Technologies Inc. provides updates on its financial situation, including short-term liquidity management and progress on its virtual power plant strategy. The Company received funds from inventory returns, negotiated debt amendments, and secured a bridge loan. Despite delays in customer collections affecting short-term liquidity, Eguana remains focused on operational initiatives and strategic partnerships.

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02/14/2024 04:00 PM

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Eguana Provides Further Financial Update

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Eguana Technologies Inc. provides an update on liquidity management amid challenges in the solar energy sector. The company faces delays in payments from key customers, leading to liquidity concerns. Eguana explores various options to enhance liquidity and shareholder value, including short-term funding and strategic investments.

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02/07/2024 07:52 PM

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Eguana Provides Business and Financial Updates

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Eguana Technologies Inc. provides financial and business updates, including a soft renewable energy sector, staff furloughs, inventory return agreement, debt amendments, and a private placement offering. The company anticipates market recovery in 2024 and has secured key partnerships in North America, Australia, and Europe for its energy storage systems.

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12/05/2023 09:18 PM

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Eguana Announces DHCT and Corporate Update

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Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) notified of the distribution of common shares held by DHCT II Luxembourg S.à r.l. to institutional and individual investors as part of the fund's liquidation and wind-down. The distribution will result in the termination of the investor rights agreement, resignation of DHCT's representative from the board, and redemption of a preferred share. DHCT currently controls 20.9% of Eguana's issued and outstanding common shares.

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11/23/2023 04:00 PM

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Eguana Provides a Business and Financial Update and Announces a Private Placement of Up To $2.0 Million

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Eguana Technologies Inc. (EGT:TSXV, EGTYF:OTCQB) provides a business update, announcing its intention to complete a non-brokered private placement offering. The company continues to make positive progress in utility and distributed energy resource management partnerships, bringing its participation in VPPs to seven across North America and Australia. The Eguana solution is positioned to work with distributed energy resource provider platforms that are fully integrated with the Eguana Cloud Platform, and the existing product line of energy storage solutions. The company has announced a multi-year Virtual Power Plant (VPP) Referral and Promotion partnership with a long-time major utility partner in Australia, and anticipates additional VPP announcements in the coming quarters. Eguana's installer training through Eguana university has exceeded expectations, with over 1,200 enrollments year to date, representing more than 200 installation companies.

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11/09/2023 09:00 AM

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Eguana Announces ISO 17025 Accreditation and the Results of Its 2023 Annual General Meeting of Shareholders

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Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) announces ISO/IEC 17025 accreditation, highlighting its commitment to quality and compliance testing. The accreditation allows Eguana to conduct grid compliance and safety tests independently, improving speed to market and saving time and money. The company also reports positive results from its annual general meeting, with all matters receiving more than 90% of eligible votes cast.

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11/01/2023 09:30 AM

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Eguana AGM Available by Audio and Webcast

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Eguana Technologies Inc. will hold its Annual General Meeting (AGM) on November 2, 2023, at 10:00 AM MDT at its offices in Calgary, Alberta. Shareholders can participate via live audio link and webcast. Proxy voting closed on October 31, 2023.

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FAQ

What is the current stock price of EGUANA TECHS ORD (EGTYF)?

The current stock price of EGUANA TECHS ORD (EGTYF) is $0.0072 as of December 24, 2024.

What is the market cap of EGUANA TECHS ORD (EGTYF)?

The market cap of EGUANA TECHS ORD (EGTYF) is approximately 5.4M.

What does Eguana Technologies Inc. focus on?

Eguana Technologies Inc. is a key player in the development and manufacturing of high-performance energy storage systems, with a strong emphasis on residential and commercial applications.

What products does Eguana offer?

Eguana provides a suite of micro inverter products integrated with its energy storage platform, offering consumers a complete solar + storage system architecture.

What is Eguana's vision for grid modernization?

Eguana aims to accelerate grid modernization by providing flexible, modular, and cost-effective alternatives to traditional grid upgrades, benefiting key stakeholders in the energy sector.

What challenges has Eguana faced recently?

Eguana has encountered challenges like personnel changes and audit delays, affecting the timeline for filing annual financial statements.

When does Eguana plan to file its annual financial statements?

Eguana aims to complete the filing of its annual financial statements by May 31, 2024, despite facing delays.

How does Eguana contribute to grid resilience and modernization?

Eguana's technology benefits consumers, electricity retailers, distribution utilities, and system operators, contributing to grid resilience and modernization efforts.

Where can I find more information about Eguana Technologies Inc.?

For more information, visit Eguana Technologies Inc.'s official website at www.EguanaTech.com or follow them on LinkedIn and Twitter (@EguanaTech).

What is Eguana's area of expertise in the energy sector?

Eguana has two decades of experience in grid edge power electronics and specializes in delivering durable, high-quality solutions from its manufacturing facilities globally.

How does Eguana address challenges in the solar industry?

To address challenges in the solar industry, Eguana offers a VPP utility accelerator program, including Eguana Edge™, providing real-time control over distressed feeders to utility partners.

What opportunities does Eguana's energy storage suite provide for utilities?

Eguana's energy storage suite offers utilities significant capital deferral opportunities by providing end-of-line voltage control and balancing, contributing to revenue channel growth.

What is Eguana's approach to responding to market changes in the energy sector?

Eguana continues to respond and plan for market changes, such as a softer than expected residential rooftop solar sector, by adapting its technology and programs to align with industry needs.