Solar Alliance announces shares for debt transaction

TORONTO and KNOXVILLE, Tenn., March 01, 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 intends to settle a total of $165,000 (the “Debt”) of accrued liabilities for directors' fees owed to certain current directors of the Company (the “Debt Settlement”). The Debt began accruing in 2021.

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