Sunvault Energy and Aboriginal Power Acquire 25% Equity Stake in $13 Million Land Deal

EDMONTON, ALBERTA--(Marketwired - Feb. 10, 2016) - SUNVAULT ENERGY INC. ("Sunvault") ("the Company") (OTC PINK:SVLT) in conjunction with Aboriginal Power, an incubation company for Sunvault Energy announced today that it has signed an agreement for 25% ownership of a 13 Million dollar project on a 48 acre land package located on the Okanagan Reserve in Winfield, BC. The Company has been working with its partners, the Marchand family, on this development and the Marchand family has received approval from the Chief and council for the housing project.

The Company plans to construct a 150 unit environmentally friendly subdivision on the property utilizing many of the company's skill sets to produce one of the first of its kind, leading edge, technology advanced, green, renewable subdivisions in Canada. The companies' share of the value of the asset from a land perspective is $3.25 Million.

The Company plans to construct a micro Anaerobic Treatment plant to deal with organic wastes of all kinds. This digester would convert the organic waste into a methane rich gas. This biogas would then be used in reciprocating engines to generate renewable electricity. The digester would also generate fertilizer by products. The reciprocating engines' excess heat and exhaust would be utilized, to further increase the efficiency of the system, to generate hot water that would be used to supplement the thermal energy needs of the units. There are over 6,000 of these types of plants being utilized throughout the world. The technology is proven and turning waste into energy is a step societies will have to take as landfills continue to fill and the environment continues to face challenges. The Company has had this area of concentration in its sights for sometime as described on its website through its Sunvault Community Infrastructure focus.

The electricity that is produced will be enough to power more than 600 homes. As the site calls for 150 homes the additional electricity that is produced can be stored in the Company's Graphene EESD (Electrical Energy Storage Devices) and released into the grid during peak periods for income generation. That plant will not only serve as a sewage treatment plant for the housing development, but will also serve as a home for organic waste from the area. The plant will be designed to treat approximately 15,000 kilograms of organic waste per day. Current electricity price in the province is approximately 15 cents per kWh and rate increase approved by the Government up to .20 cents over the next couple of years. So on the power generated, annual gross revenues would be in the range of $1.11 million per year. An additional $500,000 in revenue will come from the collection and sale of waste heat from the reciprocating engines and from the sale of the ammonium and phosphorus rich fertilizer that is one of the by-products of the anaerobic treatment system.