SOLAR INTEG ROOFING CORP - SIRC STOCK NEWS

Solar Integrated Roofing Corp. (OTC PINK:SIRC) announced the appointment of Héctor Peña to its Board of Directors, enhancing its qualifications for uplisting to OTCQB. Peña brings over 20 years of renewable energy finance experience, previously serving as VP of Finance at Suntuity and as Financial Controller at Scout Clean Energy. His expertise includes managing transactions worth billions, which may bolster the company's focus on cost savings and sustainable revenue growth. The company aims to increase shareholder value through enhanced governance and operational efficiency.

Solar Integrated Roofing Corp. (OTC PINK:SIRC) has appointed Pablo Diaz, former CEO of USA Solar Networks, as President. With over 20 years of management experience and more than $300 million raised for alternative energy projects, Diaz aims to enhance productivity and profitability across SIRC's subsidiaries. Since joining, he secured $280 million in commercial projects and developed a nationwide dealer network. CEO David Massey praises Diaz's impactful leadership and commitment to long-term value creation for shareholders.

Solar Integrated Roofing Corp. (OTC PINK:SIRC) announced that its subsidiary, Pacific Lighting Energy Management Company (PLEMCo), has partnered with Heartland Construction to install EV charging stations at up to 200 apartment buildings across the nation. The initial project in Portland, Oregon, will provide 20-50 charging stations, with expected revenues of at least $250,000. This partnership aims to enhance the energy efficiency of multi-unit residential facilities, creating competitive advantages in the market.

Solar Integrated Roofing Corp. (OTC PINK:SIRC) announced a lease agreement with Mohave Farms for a $36 million micro-grid project in Arizona. The project involves a 3MW solar setup and a battery system, generating over 45 million kWh annually. This agreement guarantees SIRC over $420,000 monthly for 30 years, allowing Mohave Farms to operate independently from electric utilities. The CEO believes this partnership will result in substantial long-term savings and further strengthen clean energy adoption.

Solar Integrated Roofing Corp. (SIRC) announced a $42 million equity purchase agreement with Arbiter Capital, purchasing 6 million preferred shares at $7 each. The funds will enable share buybacks, acquisitions, and drive organic growth. CEO David Massey highlighted the advantages of the low-cost terms, which include no restrictive covenants, allowing for strategic flexibility. Additionally, the capital will support consolidating locations, potentially saving $300,000 annually. The agreement reflects institutional investor confidence in the company’s long-term value.

Solar Integrated Roofing Corp. (OTC PINK:SIRC) has completed PCAOB audited financial statements for the fiscal years ended February 28, 2021, and February 29, 2020. The company is finalizing preparations to uplist to the OTCQB Venture Market, enhancing visibility and liquidity for its shares. CEO David Massey emphasizes that the uplisting is a critical step towards Nasdaq ambitions, backed by recent acquisitions and growth. This transformation aims to attract institutional investors and position the company for sustained value.

Solar Integrated Roofing Corp. (OTC PINK:SIRC) announced that its subsidiary, USA Solar Networks, has partnered with RxSeed Coin to develop a cryptocurrency funding solution for humanitarian solar projects. This initiative aims to fund commercial installations, with an expected gross profit margin of 15%. The partnership targets underserved communities, allowing solar projects to be offered at no acquisition cost. USA Solar Networks retains existing tax credits and aims to provide energy solutions to cryptocurrency miners, enhancing sustainability and revenue opportunities.

Solar Integrated Roofing Corp. (OTC PINK:SIRC) has appointed Dr. Philip Yin as Chief Operating Officer of its subsidiary, USA Solar Networks. Dr. Yin, with over 30 years in executive management within the semiconductor industry, previously led AXT, Inc. as CEO, increasing revenues by 225% during his tenure. His role will involve overseeing day-to-day operations and programs like the Roofing to Solar campaign, aimed at boosting sales for roofing contractors. Management anticipates that revenues could exceed a $70 million annual run rate in the medium term as a result of his leadership.

Healixa has formed a strategic partnership with Solar Integrated Roofing Corp to supply solar components for its Global Aquaduct project, targeting an addressable market of $90 million. The Atmospheric Water Harvesting (AWH) technology can generate potable water using minimal energy from solar power, producing up to 600 liters daily. Solar Integrated will provide essential components to meet Department of Defense needs. Healixa projects a unit sales price under $12,000, with solar component costs around $300.