VANCOUVER, BC--(Marketwired - January 30, 2017) - Solar Alliance Energy, Inc. ('Solar Alliance') or (the 'Company') (TSX VENTURE: SAN) (SAENF) is pleased to announce it has retained Pinnacle Capital Markets Ltd. ("Pinnacle"), a Toronto based firm led by Spyros Karellas, to develop and provide investor relations services for the Company. Pinnacle has been engaged to refine and execute an investor relations strategy that will enhance and expand Solar Alliance Energy Inc. exposure with the Canadian and international investment community. Pinnacle will assist the Company in fostering productive, continuing dialogues with analysts, brokers, potential investors, current shareholders and other financial professionals.
"Pinnacle Capital Markets will assist us as we increase our communication with the financial markets and potential investors," said Chairman and CEO Jason Bak. "Solar Alliance provides investors exposure to the rapidly expanding American solar market through a mature solar company with existing market share. Our increasing revenues and strong sales margins represent a compelling investment opportunity and we look forward to illustrating the underlying value in the company to the financial market."
The period of the agreement is for one year with an option to renew on terms mutually agreeable to each party. Solar Alliance will compensate Pinnacle with a monthly retainer of $5,000 and issue 250,000 stock options to be granted pursuant to the Company's stock option plan (the "Option Plan") and the rules of the TSX Venture Exchange. The options are exercisable at a price of $0.10 and valid for a period of two years. The agreement is subject to the approval of the TSX Venture Exchange.
About Pinnacle Capital Markets
Pinnacle Capital Markets Ltd. is a Toronto based advisory firm that provides full range of services to publicly-listed companies operating primarily in the mining, oil and gas, technology and renewable energy sectors. They also assist private companies develop and define a capital markets strategy for future public listing. Their objective is to work closely with their clients to achieve key investor relations goals such as: assist in positioning their client in the context of the public markets, enhance visibility within the financial community, increase liquidity through enhanced retail and institutional awareness, attract and increase equity research coverage, and assist in identifying much needed growth capital. Pinnacle believes that a successful investor relations program depends on a multifaceted approach, including an effective strategy, tactical execution, thoughtful advice, and ongoing communication.