Solar Alliance Announces Brokered Offering of Units for Up To $2 Million

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TORONTO, July 20, 2023 (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, is pleased to announce that it has entered into an agreement with Research Capital Corporation, as lead agent and sole bookrunner (the “Agent”) in connection with a “best efforts” private placement offering (the “Offering”) of up to 25,000,000 units of the Company (each, a “Unit”) at a price of $0.08 per Unit (the “Issue Price”) for aggregate gross proceeds of up to $2,000,000.

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