Solar Alliance closes shares for debt settlements
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TORONTO and KNOXVILLE, Tenn., June 17, 2024 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and industrial solar sector, announces that it has closed: (a) the debt transaction with certain directors of the Company, as previously announced on March 1, 2024 (the “First Debt Settlement”) and (b) the debt transaction with Tom Anderson, an Insider of the Company, as previously announced on May 15, 2024 (the “Second Debt Settlement”, and together with the First Debt Settlement, the “Debt Settlements”)