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P2 Solar Inc (PTOS) is a developer of solar PV power projects focused on building new solar PV projects in locations with favorable renewable energy policies. The company believes in contributing to the paradigm shift towards clean, green, renewable energy by making solar power competitive with grid electricity prices. P2 Solar is part of the trend towards a more environmentally sustainable world through the installation of rooftop and ground mount solar energy systems in Canada.
P2 Solar, Inc. (OTC PINK:PTOS) has received a Partial Revocation Order from the British Columbia Securities Commission (BCSC) on November 24, 2022, lifting the Cease Trade Order issued in 2015. This allows P2 to conduct a private placement of up to $110,000 through debt securities convertible into common shares at $0.03 per share. The company plans to use the proceeds to update its disclosure obligations and secure working capital. P2 intends to apply for a full revocation of the CTO once filings are current.