VANCOUVER, BC, November 6, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HI)(“Hillcrest” or the “Company”), an innovative clean technology company redefining power conversion technologies, is pleased to announce participation in an invitation-only investor conference in Perth, Australia.
Hillcrest Chief Executive Officer, Don Currie, will present via live-feed at the first-ever Transatlantic Investment Summit to be held in Perth, Australia on Tuesday, November 7, 2023. The event is being hosted by The Market Herald’s HotCopper and the Canadian Securities Exchange (CSE).
“The CSE continues to provide impressive opportunities for companies like ours to reach new, global investor audiences,” said Hillcrest CEO, Don Currie. “We are honored to be one of four CSE-listed companies invited to participate in this event and share our story with an Australian audience.”
According to the Australian government, 25% of the country’s total electricity generation came from solar and wind energy sources in 2022. The rapid adoption of these renewable energy sources makes the country a valuable market for Hillcrest’s Zero Voltage Switching (ZVS) technology.
Grid-connected renewable energy systems will increasingly require high-frequency power conversion technologies to better enable the smart, grid-forming capabilities of a more distributed, bidirectional system containing a variety of intermittent sources. Hillcrest’s ZVS technology is designed to provide new benefits to these grid-connected energy systems by offering a more efficient and reliable means of deploying higher switching frequencies while eliminating the associated switching losses suffered by today’s power conversion devices. The Company’s technology will also offer improved output power quality and control benefits not currently available in most electric power systems.
About Hillcrest Energy Technologies
Hillcrest Energy Technologies is a clean technology company developing high value, high performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol “HEAT,” on the OTCQB Venture Market as “HLRTF” and the Frankfurt Stock Exchange as “7HI.” For more information, please visit: https://hillcrestenergy.tech/.
Walter Frank/Jennifer Belodeau
IMS Investor Relations
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
The securities of the Company referred to in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Cautionary Statement Regarding “Forward-Looking” Information
Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. This forward-looking information is provided as of the date of this news release. The forward-looking information reflects our current expectations and assumptions and is subject to a number of known and unknown risks, uncertainties and other factors, which may cause actual results, performance, or achievements to be materially different from any anticipated future results, performance or expectations expressed or implied by the forward-looking information. No assurance can be given that these assumptions will prove correct. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Investors are advised to consider the risk factors under the heading “Risks and Uncertainties” in the Company’s MD&A for the year ended December 31, 2021, available at www.sedar.com for a discussion of the factors that could cause the Company’s actual results, performance and achievements to be materially different from any anticipated future results, performance, or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.