Victory Square Renewable Energy Portfolio Company Stardust Solar Provides Corporate Update

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that gives investor access to a portfolio of the best and brightest entrepreneurs and innovations from around the world in a single stock, is pleased to announce that its portfolio company Stardust Solar Technologies Inc. (“Stardust Solar'' or the “Company”), is pleased to share a corporate update.

Founded in 2017, Stardust Solar is a leader in renewable energy education, providing CSA/NABCEP approved design and installation training with hands-on experience. Stardust Solar is also one of the first companies in North America to offer a franchise opportunity dedicated to the installation of solar PV systems.

“Stardust Solar is very excited to announce that we have signed a definitive agreement to merge with CPC BOLD TSX.V! Furthermore, we are pleased to report we surpassed our annual revenue goal of $3M and finished the year with $3,316,502.23 CAD in revenue,” said Mark Tadros, CEO of Stardust Solar.

Revenue Growth
Stardust Solar Showed a 50% YOY Revenue Growth in 2023, with $3.3M in Revenues, exceeding $3M revenue goal by 10%.

Scaleable Franchise Growth
Over 100% Growth in Product Sales & Royalties, reflecting the true growth of the primary revenue streams of the franchise business.

System-Wide Sales
80% Growth in System-Wide Sales in 2023 in Canada, also reflected by more than 80% Growth in Canadian Product Sales.

U.S. Expansion
U.S. Franchise Company Revenues increased by over 200% over the previous year.

Stardust Solar Now at 31 Franchise Territories in North America

1. Richmond/Delta, BC
2. Vancouver/Burnaby, BC
3. Surrey/White Rock, BC
4. Langley/Abbotsford, BC
5. Coquitlam, BC
6. Kamloops, BC
7. Edmonton, AB
8. Red Deer, AB
9. Calgary, AB
10. Saskatoon, SK
11. Sudbury, ON
12. Owen Sound, ON
13. Barrie, ON
14. York, ON
15. Region Peel, ON
16. Toronto, ON
17. Halifax, NS
18. P.E.I.
19. New Brunswick
20. St Johns, NFLD
21. Regina, SK
22. Kelowna, BC
23. Victoria, BC
24. Oklahoma, OK USA
25. Columbus/Delaware, OH USA
26. Quad Cities, Iowa USA (Coming Soon)
27. Philadelphia, PA USA (Coming Soon)
28. Michigan, USA (Coming Soon)
29. Denver, CO USA (Coming Soon)
30. Liberal, KS USA (Coming Soon)
31. Boston, MA USA (Coming Soon)