11:14:47 EDT Tue 28 Jun 2022
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Zinc8 Energy Solutions Inc
Symbol ZAIR
Shares Issued 87,385,700
Close 2021-11-18 C$ 0.295
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Zinc8 Energy appoints Hodgson to board

2021-11-18 07:23 ET - News Release

Mr. Ron MacDonald reports


Zinc8 Energy Solutions Inc. has named Tom Hodgson to its board of directors effective immediately.

Mr. Hodgson is a senior corporate executive with an impressive record in international capital markets and mergers and acquisitions in Canada, the United States and the United Kingdom. He brings to Zinc8 over 30 years of senior management experience with a significant knowledge of strategy, capital markets and the renewable energy sector.

Mr. Hodgson is chairman of Greenbrook Capital Partners Inc., a strategic advisory firm focused on investing in promising early-stage companies primarily involved in clean energy and technology. He has held senior management positions with, and served on the boards of, several public companies listed in Canada, the U.S. and the U.K. In the financial sector, Mr. Hodgson has held senior positions including president and chief executive officer of Central Guaranty Trust, executive vice-president of The Canada Permanent Mortgage Corp., and vice-president of policy and planning at Canadian Imperial Bank of Commerce.

Most recently, Mr. Hodgson was the chief executive officer and director of Lithium Americas Corp., a leading development-stage lithium producer, until his retirement in May of 2019. He served as the executive chairman of LAC from 2012 through 2015, and was then named as chief executive officer following the merger of Lithium Americas and Western Lithium Corp. He was instrumental in building Lithium Americas into a leading emerging lithium producer with two world-class assets in Argentina and Nevada, negotiating joint venture agreements with strategic investors, raising capital to finance development, and leading the uplisting of the company onto the New York Stock Exchange.

"Tom's wealth of experience in clean energy and technology is a tremendous asset to the board of directors of Zinc8," said Ron MacDonald, president and chief executive officer. "His years building a lithium-mining company to provide green energy storage provided him with a deep understanding of the energy storage market, and his history of providing strategic management and financial advice to early-stage growth companies will be invaluable as we move toward full commercialization of the Zinc8's unique energy storage technology."

Zinc8 Energy Solutions focuses on developing and commercializing its low-cost, long-duration Zess for utilities, microgrid, and commercial and industrial markets. By using the patented Zess as a stand-alone or an enabling technology, it allows opportunities for peak demand reduction, time-of-use arbitrage and participation in both the value stacking programs and the distributed long-duration energy storage space, all in conjunction with the opportunity for a significant reduction in carbon footprint. The long duration (eight to over 100 hours) Zess has no fire and explosion risk, has no capacity fade over extensive lifetime, and offers complete charge operational flexibility.

About Zinc8 Energy Solutions Inc.

Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-air battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growing need for secure and reliable power.

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