Wednesday, August 21, 2024

Breaking Mining Stock News: New Destiny Mining (TSXV: $NED.V) Drilling Update: Hole 6 Intersects Copper Mineralization and Porphyry Dikes; @NEDminingcorp

Breaking Mining Stock News: New Destiny Mining (TSXV: $NED.V) Drilling Update: Hole 6 Intersects Copper Mineralization and Porphyry Dikes; @NEDminingcorp

 


Vancouver, British Columbia- August 21, 2024 (Investorideas.com Newswire) New Destiny Mining Corp. (TSXV: NED(the "Company" or "NED") provides a further update on its 2024 exploration program at the Treasure Mountain project, near Princeton, BC.

 

Drilling continues at the Treasure Mountain property with six holes completed so far for a total of 1060 meters cored. All the holes have been drilled in the Railroad area of copper-silver mineralization.

 

Paid news dissemination on behalf of New Destiny Mining

 

Read this news, featuring NED in full at https://www.investorideas.com/news/2024/08211NED-Drilling-Update-Hole-6-Copper.asp

 

Hole 6 (TMN24-06) targeted a distinct magnetic anomaly revealed in regional survey data that is centered just north of the Railroad zone. The magnetic high anomaly measures about 1km in diameters and is interpreted to be caused by an intrusion at depth. The target is a possible mineralized porphyry intrusive that could be the feeder to the Railroad copper zone (Figure 1).

 

A mineralized zone was intersected from 19.33 to 26.93 (7.6 meters) characterized by disseminated, veinlet and breccia hosted chalcopyrite and pyrite (1-2% each). The mineralized zone lies adjacent to a 7.3 m interval of altered porphyry dike. The hole was drilled to a total depth of 429.3 meters and intersected multiple altered felsic porphyry dikes. A total of 24 intervals or 70.6 meters length (16% of the hole) consisted of altered felsic porphyry. The results confirm the presence of porphyry intrusive related to the magnetic anomaly.

 

Hole 6 also drilled beneath a copper soil anomaly that extends to the limit of a 2015 soil survey and includes values up to 730 ppm (Figure 2).

 

Hole 7 is being targeted at another area of anomalous copper in soils (values to 112 ppm copper) located southeast of the Railroad adits (Figure 2). In 2019, an attempt to trench this area was unsuccessful due to swampy ground, so the anomaly remained untested. Malachite copper mineralization is present in the road cut near the planned position of this hole.

 

The Treasure Mountain property covers 10,819 hectares and is located 38 km west of the Copper Mountain mine at Princeton in southern BC. Targets on the property include critical minerals in porphyry copper-moly deposits, and gold-quartz vein and polymetallic silver-rich vein deposits.




Figure 1. Map showing trace of hole TMN24-06 drilled to test a 1km diameter regional magnetic anomaly

 



Figure 2. Color grid map of Cu ppm from Railroad 2015 soil survey, showing location of Hole TMN24-06 and planned location of hole 7

 



Map showing Treasure Mountain property and targets for 2024

 

Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.

 

Dr. Mathew Ball, P.Geo., a Qualified Person as defined by NI 43-101 and consultant to the Company, approved the technical information contained in this News Release.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

"Al Beaton"

Director

604-488-3900

 

Investor Relations:

Lubica Parilakova

ir@NewDestinyMining.com



 







Forward-Looking Information

This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, the Company's information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or developed. Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward-looking statements include continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

New Destiny Mining Corp. (TSXV: NEDis a featured mining stock on Investorideas.com

 

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Breaking Renewable Energy Stock News: KULR (NYSE: $KULR) Changes Designation of Principal Executive Office to Texas, Announces Leadership Transition; @KULRTech

Breaking Renewable Energy Stock News: KULR (NYSE: $KULR) Changes Designation of Principal Executive Office to Texas, Announces Leadership Transition; @KULRTech

 

 

SAN DIEGO,CA - August 21, 2024 (Investorideas.com Newswire) KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, announced today the mutually agreed upon resignation of Keith Cochran as President and Chief Operating Officer, effective August 20, 2024. KULR has re-allocated the oversight of its day-to-day operations among its executive level management, headed by Chief Executive Officer, Michael Mo.

 

"On behalf of the Board and rest of the Company, I want to thank Keith for his years of service to the Company," said Michael Mo. "We are appreciative of Keith's expertise and leadership throughout his tenure as President and Chief Operating Officer and wish him well in his future endeavors."

 

KULR's Board believes the new leadership structure fully aligns with the Company's accelerated strategic shift to Webster, Texas, which the Company has designated as its principal executive office. While Webster is already the Company's largest office, its San Diego location will continue to be a critical innovation hub.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of KULR Technology Group, Inc.

 

Read this news, featuring KULR in full at https://www.investorideas.com/news/2024/08211KULR-Leadership-Transition.asp

 

About KULR Technology Group, Inc.
KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging a foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems, KULR has evolved its holistic suite of products and services to enable its customers across disciplines to operate with efficiency and sustainability in mind. For more information, please visit 
www.kulrtechnology.com.

 

Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on April 12, 2024, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether because of new information, future events or otherwise.

 

Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: 
ir@kulrtechnology.com

 

KULR Technology Group, Inc. (NYSE: KULR) is a featured renewable energy stock on Investorideas.com

 

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Stocks to Watch for the Electric Aviation Revolution; (NYSE American: $KULR) (NYSE: $TXT) (NYSE: $GE) (NASDAQ: $LILM)

Stocks to Watch for the Electric Aviation Revolution; (NYSE American: $KULR) (NYSE: $TXT) (NYSE: $GE) (NASDAQ: $LILM)

 

Other Stocks Mentioned: (NYSE: $OKLO) (NYSE: $AMPX) (NYSE: $CAE) (NASDAQ: $META) (NASDAQ: $NVDA) (NASDAQ: $NNE)

 


August 21, 2024 - Investorideas.com, a go-to investing platform covering renewable energy stocks releases a snapshot on recent news and developments in electric aviation, featuring KULR Technology Group, Inc (NYSE American:KULR), a global leader in safe and high-performance energy storage solutions.

 

According to ReportPrime.com, “The Aircraft Electrification market faces several challenges that could hinder its growth, including high development and certification costs, limited battery technology, and insufficient charging infrastructure. Additionally, regulatory hurdles and concerns over the safety and reliability of electric systems in aviation play significant roles. However, there are promising growth areas and emerging opportunities in this sector. Advances in battery technologies, such as solid-state batteries and hybrid-electric systems, could enhance aircraft performance and range. The demand for greener aviation solutions, driven by environmental regulations and public scrutiny, is also fostering innovation.”

 

KULR Technology Group, Inc (NYSE American:KULR) has been advancing battery safety and performance in multiple markets for years and now has its eye on addressing this critical issue in the electric aviation market.

 

KULR just announced it has been selected for a pivotal battery pack reference design project by Amprius Technologies (NYSE:AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform. The final reference design will provide Amprius’ customers with a solution to address thermal runaway at the battery pack level that leverages KULR’s advanced energy management platform, KULR ONE Design Solutions, with Amprius’ high-energy Silicon Anode pouch cells to meet the rigorous thermal qualification standards set by the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA), ensuring the highest levels of safety and performance. This partnership is set to push the boundaries of next-generation battery technology, with a focus on the burgeoning advanced air mobility (AAM) market.

 

The integration of all lithium-ion battery technology into Advanced Air Mobility (AAM) presents significant challenges, particularly due to the risks of cell thermal runaway. To address these concerns, the FAA and EASA have established stringent design regulations to mitigate the risks associated with using lithium-ion battery packs in electric manned applications. The partnership between Amprius and KULR is designed to meet these strict safety standards and accelerate the adoption of Amprius’ high-performance cells in the AAM sector, where their technology is uniquely positioned to excel.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of KULR Technology Group, Inc.

 

Read this article featuring KULR in full at https://www.investorideas.com/news/2024/renewable-energy/08211Electric-Aviation.asp

 

Driving Innovation in Battery Technology
The joint effort will explore innovative methods to enhance battery safety and maximize energy density at the pack level. By integrating KULR’s advanced thermal management solutions with Amprius’ high-energy and high-power lithium-ion batteries and cutting-edge silicon anode technology, the partnership aims to deliver a battery system that is not only safe but also exceptionally high-performance.

 

"KULR’s proven expertise in thermal management and energy storage solutions makes them an ideal partner for this project,” said Jon Bornstein, President of Amprius Technologies Lab. “By combining Amprius' advanced silicon anode battery technology with KULR’s innovative approach to safety and performance, we are setting a new standard in the advanced air mobility segment. This partnership accelerates our ability to meet the stringent requirements of the electric aviation industry while simultaneously pushing forward the evolution of battery technology with a focus on safety, efficiency, and market expansion."

 

A Comprehensive Approach to Design and Testing
The project will be executed in four phases, beginning with extensive data collection and design concept delivery. Subsequent phases will include detailed thermal modeling, propagation prevention response (PPR) design, and rigorous testing to ensure compliance with the highest safety standards. This systematic approach will enable the development of a robust and scalable battery solution tailored to the needs of various applications within the e-aviation sector and beyond.

 

A Commitment to Market Expansion
This collaboration underscores KULR and Amprius' commitment to expanding into growing markets by providing innovative solutions that address the critical needs of safety and performance in energy-dense battery systems. The partnership is poised to play a pivotal role in the evolution of battery technology, particularly in the electric aviation market, where the demand for lightweight, high-performance energy storage solutions is rapidly increasing.

 

Precision Business Insights estimates the global electric aircraft market to reach USD $13.55 billion by 2030, growing at a CAGR of 7.62% during the forecast period of 2024 to 2030.

 

KULR previously announced other contracts in the electric aviation industry. In April, KULR unveiled a commitment exceeding $1 million with H55 Inc. (“H55”), a pioneer and global leader in electric propulsion. H55 will employ KULR’s unique Thermal Runaway Shield (“TRS”) within its propulsion systems that equip fleets of industry behemoths such as Pratt & Whitney and CAE Inc. (NYSE:CAE). According to the agreement, the initial delivery phase began in Q1 2024. Embedding KULR’s TRS into H55’s Electrical Propulsion System (“EPS”) is critical for aligning with the European Union Aviation Safety Agency (“EASA”) safety protocols. H55 harnesses KULR’s innovative TRS to construct systems that adhere to stringent safety measures while retaining efficiency and energy density. EASA recently approved the H55 EPS solution, paving the way for the critical compliance demonstration phase of their certification program (https://h55.ch/news/).

 

In addition to its battery technologies, KULR has a long history of serving the aviation industry with its KULR VIBE technology which eliminates vibration for helicopters and drones During their recent earnings call, KULR's CEO talked about how KULR VIBE serves the computer server market for Facebook (NASDAQ: META) and Nvidia (NASDAQ: NVDA) with better cooling technology by removing vibration in the server’s fans.

 

KULR VIBE can reduce energy use and cool the hot AI processing chips more efficiently, which has dramatically increased energy demand for companies like NNE NANO Nuclear Energy Inc. (NASDAQ: NNE) and Oslo Inc. (NYSE:OKLO), which is backed by Sam Altman of OpenAI.

 

Pipistrel, a Textron Inc. (NYSE:TXT) company, announced earlier this year that the Federal Aviation Administration (FAA) has granted a light-sport aircraft (LSA) airworthiness exemption for the Pipistrel Velis Electro, opening up flight training in an electric aircraft within the United States.

 

The FAA exemption allows US flight schools to use the electric aircraft within their flight training programs. The Velis Electro offers a lower-cost and more sustainable learning platform for student pilots to acquire flying skills and go from zero flight experience to eventually flying solo, while giving them early experience on next-generation power systems.

 

Kriya Shortt, President and CEO of Textron’s eAviation segment says, “This is a great day for flight training organizations and aspiring pilots. With this exemption, the cost-barrier to pursuing primary flight training can be substantially reduced. We are thankful to the FAA for its support in bringing more opportunities for electric aviation to the United States.”


Addressing the need for better battery technology 
in a recent KMUW article, Textron said, "Battery technology needs to continue to mature because … there is a weight component to that," said Textron eAviation's Shortt. "And we do have to be able to have a useful load that makes … commercial viability of the product.

 

"So not only do you have to be able to carry what you need to carry, or want to carry, and go the duration that you want to because you can't just pull over to the side of the road and charge."

 

Continued: Current battery capacity limits how far electric aircraft can fly and how much they can carry. Pipistrel, which has about 300 employees at facilities in Slovenia and Italy, makes the Velus, a two-seat electric plane. But its range is only about 50 minutes between charges.

 

GE Aerospace (NYSE:GE) said in news in June that they are developing a hybrid electric demonstrator engine with NASA that will embed electric motor/generators in a high-bypass commercial turbofan to supplement power during different phases of operation.

 

This includes modifying a Passport engine with hybrid electric components for testing through NASA’s Hybrid Thermally Efficient Core (HyTEC) project. It’s one of several efforts GE Aerospace has underway to mature technologies for more electric aircraft engines and is being advanced as part of the CFM International Revolutionary Innovation for Sustainable Engines (RISE)* program.

 

Continued: Embedded electric motor/generators will optimize engine performance by creating a system that can work with or without energy storage like batteries. This could help accelerate the introduction of hybrid electric technologies for commercial aviation prior to energy storage solutions being fully matured.

 

“Together with NASA, GE Aerospace is doing critical research and development that could help make hybrid electric commercial flight possible,” said Arjan Hegeman, General Manager of Future of Flight Technologies at GE Aerospace.

 

Initial component-level testing of electric motor/generators and power electronics has been completed for the HyTEC Turbofan Engine Power Extraction Demonstration. Systems testing took place at GE Aerospace’s EPISCenter in Dayton, Ohio. Additionally, a baseline test of the Passport engine to characterize performance before hybrid electric components are added was completed at the company’s Peebles Test Operation, also in Ohio.

 

Results of the hybrid electric component and baseline engine tests are being used to evaluate and update models in preparation for a ground test.

 

“We’re advancing state-of-the-art propulsion systems for next generation commercial aircraft with an important aim — to drive industry efforts to improve efficiency and reduce emissions compared to today’s aircraft engines,” Hegeman said.

 

NASA recently awarded GE Aerospace a contract for Phase 2 of the HyTEC project to continue developing technologies for an aircraft engine core demonstrator test later this decade. Phase 2 builds on work completed in Phase 1 of HyTEC for high-pressure compressor and high-pressure turbine advanced aerodynamics, as well as the combustor.

 

Looking at the future demand and possibilities of electric aviation, “A landmark international survey has revealed the scale of pent up demand for clean aviation, with 65 per cent of consumers across the four countries calling for change.”

 

Continued: In a unique poll of 4,000 people across the US, UK, France, and Germany, two-thirds (65%) of consumers said that it is time for air travel to become sustainable.

 

The figures, unveiled by Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), also reflect wide excitement about the prospect of new forms of transport.

 

Polled on a series of innovative travel methods, 60% said they would try electric aviation, while 61% specifically said they would like to try eVTOL aircraft such as the Lilium Jet, with demand strongest in Germany (64%).

 

The research also revealed widespread concern over the impact on traditional aviation – 73% said they were concerned about its contribution to pollution, with the proportion highest in Germany (76%), and similarly backed by two-thirds (67%) of consumers in the US.

 

Revolutions in traditional markets represent opportunity for investors willing to bet on innovation. As KULR Technology Group, Inc (NYSE American: KULRpointed out in its recent news, “the global electric aircraft market to reach USD $13.55 billion by 2030, growing at a CAGR of 7.62% during the forecast period of 2024 to 2030.”

 

Research battery stocks at Investorideas.com

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp#Battery-Energy-Storage-Backup-Stocks

 

Research Electric Aircraft Stocks

https://www.investorideas.com/AUTO/Stock_List.asp#electric-aircraft

 

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Tuesday, August 20, 2024

Breaking Solar News – SinglePoint (CBOE: $SING) subsidiary Boston Solar Announces Strategic Sales Partnership with SolarizeNE to Grow and Expand the Residential Customer Footprint to 500,000+ New Households in Massachusetts Not Previously Served by Boston Solar; @_Singlepoint_ @BostonSolarCo

Breaking Solar News – SinglePoint (CBOE: $SING) subsidiary Boston Solar Announces Strategic Sales Partnership with SolarizeNE to Grow and Expand the Residential Customer Footprint to 500,000+ New Households in Massachusetts Not Previously Served by Boston Solar; @_Singlepoint_ @BostonSolarCo

 






Boston, MA, August 20, 2024 - (Investorideas.com Newswire) SinglePoint Inc. (CBOE:SING)("SinglePoint" or "the Company") subsidiary Boston Solar (www.bostonsolar.us), a proud partner of the Boston Red Sox and a leading provider of solar energy solutions in Massachusetts since 2011, is proud to announce the onboarding of Solarize NE (www.solarizene.com) as a strategic residential sales channel partner. The Agreement between Solarize NE and Boston Solar expands its market reach to an additional 500,000 potential customers across segments of Massachusetts not previously served by Boston Solar. Solarize NE based in Leominster, MA is a trusted, family-owned company with 30+ years of combined experience.

 

Boston Solar is a comprehensive engineering, procurement, and construction (EPC) solar services company with 1,100 5 Star reviews and in June 2024 announced that it had surpassed 6,000 Residential Solar installations in Massachusetts. Boston Solar was recently named as by MarketWatch and this Old House as a Top 6 Solar Company in Massachusetts.

 

Solarize NE will compliment and partner with Boston Solar's internal sales teams allowing for installation expansion into areas of the state not previously serviced by Boston Solar. Solarize NE has built a reputation for their expert guidance and advice for customers seeking to go solar. As part of Solarize NE analysis including customer energy savings they routinely assess and recommend top tier solar installation vendors like Boston Solar to their customers.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of SinglePoint Inc.

 

Read this news featuring SING in full at https://www.investorideas.com/news/2024/08201SING-Boston-Solar.asp

 

"We are excited to integrate and partner with a premier third-party sales group to expand Boston Solar's footprint to additional residential households in Massachusetts," says Wil Ralston CEO of SinglePoint. "Solarize NE understands the intricacies of the Massachusetts' market and shares Boston Solar's commitment to serving residential solar customers. Boston Solar is more than just a solar installation company - it's a dedicated group of professionals committed to bringing clean, renewable energy to homes and businesses across Massachusetts. The Boston Solar team combines deep local knowledge with industry-leading expertise to deliver exceptional solar solutions tailored to the unique needs of the communities across Massachusetts."

 

As part of the continuous improvements at Boston Solar since the acquisition by SinglePoint, Inc. and post naming Mike Morlino as its new President earlier this year, Boston Solar has made improvements to its internal engineering platform allowing third party sales groups seamless interaction with Boston Solar's engineering and support teams.

 

"According to SEIA, the Solar Energy Industry Association it took America nearly 50 years to reach 5 million solar installations and it will only take 6 years to reach 10 million solar installations. We firmly believe in the long-term viability of owning and operating leading local residential and small commercial solar installation companies and we continue to invest and reposition capital and resources within Boston Solar to match the current market conditions and to be prepared to capitalize on the long-term success forecasted for the solar and energy storage industry," stated Michael Morlino, President Boston Solar. "My senior leadership is focused on ensuring Boston Solar is scaled and prepared for scale that will allow the company to grow responsibly and enhance its profitability. The national macro solar market has been severely challenged this year resulting in several companies that have not had access to capital or that could not adjust to the higher interest rates and the effects that it had on their product purchases and customers to cease operations. Boston Solar has utilized this time to enhance our internal operations through reduction of overhead costs and improvement of the technology stack all of which will drive improved efficiency through the business units. As the Solar market rebounds and begins to aggressively grow again, we will be positioned to capitalize."

 

Mr. Morlino and Stephen McPhee, VP of Operations are focused on developing and leveraging local partnerships that expand Boston Solar's footprint throughout the state of Massachusetts and the New England Region. Boston Solar is committed to becoming the premier installer of choice for customers looking for residential and small commercial solar solutions. Massachusetts is currently ranked as the number eleven state in the USA for solar operations. Homes in New England present many complex and unique engineering challenges. Our 10+ years of experience in the market led us to investing and improving our systems to create a tool that seamlessly integrates sales and engineering. This tool can now be utilized to bring on leading 3rd party sales groups like Solarize NE with the goal of increasing Boston Solar's existing Residential Solar business by at least twenty percent (20%).

 

For more information about Boston Solar and its services, please visit www.bostonsolar.us.

 

About Boston Solar

Boston Solar is a subsidiary of SinglePoint Inc. (CBOE: SING). Since its founding in 2011, Boston Solar has installed more than 6,000 residential and commercial solar arrays, powering thousands of homes and businesses in New England, primarily in Massachusetts. The mission of Boston Solar is to provide superior clean energy products, exceptional customer service, and the highest-quality artistry in residential and commercial installations.

 

Boston Solar has accumulated several distinctions of recognition of the company's outstanding triumphs:

 

·        Honored with Guildmaster Award from GuildQuality, the award acknowledged how Boston Solar demonstrated exceptional customer service within the residential construction industry.

·        Named a Top Solar Contractor by Solar Power World magazine for five consecutive years.

·        Recognized by the Boston Business Journal's "Largest Clean Energy Companies in Massachusetts" list.

 

Boston Solar is a Solar Energy Business Association of New England (SEBANE) member. The company is headquartered at 12 Gill St. Suite - 5650 Woburn, MA 01801. Learn more at: www.bostonsolar.us.

 

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies that enhance sustainability and a healthier life. For more information, visit the Company's website (www.singlepoint.com).

 

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

 

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

 

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

 

Media Contact:

Michael Morlino, President

info@bostonsolar.us

 

Investor Relations Contact:

SinglePoint Inc

investor@singlepoint.com

888-682-7464

 

SinglePoint (CBOE:SING) is a featured cleantech stock on Investorideas.com

 

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/

 

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