Sharc Energy Appoints Dermot Sweeny to Board of Directors, Strengthening Its Commitment to Sustainable Design - Seite 2

Some of Mr. Sweeny’s notable projects include Queen Richmond Centre West, Waterfront Innovation Centre, and One York-Sunlife’s HQ in Toronto, showcasing his ability to blend innovative systems with high-performance, sustainable designs. Many of the Class AAA office buildings designed by Sweeny&Co are LEED Platinum or Gold and have won numerous sustainability awards. These projects reflect a synergy with SHARC Energy's goals of optimizing value while adhering to a responsible environmental ethos.

Currently, Sweeny&Co has designed Wastewater Energy Transfer (“WET”) equipment, for the purposes of sustainable heating, cooling and hot water, into as many as ten upcoming projects. Architectural designs represent the earliest opportunity to introduce SHARC Energy equipment to a project and fostering the adoption of SHARC Energy products by Architects is crucial to the Company’s success.

“As a shareholder of SHARC Energy and now a Director, I strongly believe in the technology's potential to drive decarbonization in buildings and support Architects in achieving LEED status for their projects. Additionally, the robust economic benefits it offers make complete sense, further solidifying my confidence in SHARC's trajectory. I look forward to drive the Company toward its growth goals over the coming years!”

Mr. Sweeny controls 4,100,000 common shares of the Company, which represents 2.6% of the outstanding capital. Mr. Sweeny’s addition brings insider ownership of SHARC Energy to 14.1%.

About SHARC Energy  

SHARC International Systems Inc. is a world leader in energy transfer from the wastewater we send down the drain every day. SHARC Energy's systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential and industrial buildings.

SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.

Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA | SHARC

Learn more about the CAGBC & LEED Certification: CAGBC | 4Thoughts

Issuance of Stock Options

The Company announces that it has granted 100,000 stock options to Directors at an exercise price of $0.245 with vesting conditions. The stock options will be exercisable for 5 years.