11:16:44 EDT Tue 28 Jun 2022
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or Name

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Zinc8 Energy Solutions Inc
Symbol ZAIR
Shares Issued 149,934,610
Close 2022-04-07 C$ 0.26
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Zinc8 Energy appoints Pinsky to board

2022-04-07 17:17 ET - News Release

Mr. Ron MacDonald reports


Zinc8 Energy Solutions Inc. has named Bernard Pinsky, QC, to its board of directors, effective immediately.

Mr. Pinsky is currently the chair of the board and a founding director of the Ronald S. Roadburg Foundation, one of the largest philanthropic foundations in British Columbia. Additionally, he practised law for over 34 years at the law firm of Clark Wilson LLP in Vancouver, B.C., where he was a senior partner and the co-head of the corporate finance and securities group up until Dec. 31, 2021. He was lead outside counsel for the company at the time of his retirement from public practice, a role that he held since November of 2019.

During his tenure in public practice, he advised a variety of private and public companies, and securities brokerage firms on legal matters related to acquisitions, mergers, takeovers, initial public offerings, financings, cross-border transactions, public and private company regulatory compliance, and stock exchange practice. He earned the Best Lawyers in Canada recognition as best lawyer for securities law annually from 2014 to 2021, and was appointed as British Columbia Queen's Counsel in recognition of exceptional merit and contribution to the legal profession in 2014.

"We welcome Bernard back to the company in his new capacity as a member of the board of directors," said Ron MacDonald, president and chief executive officer of Zinc8 Energy Solutions Inc. "His years of experience with Zinc8, and navigation through the complexities of various securities and business laws, will be a valuable addition of skill sets. I look forward to working with Bernard again as we continue to advance Zinc8 through further growth and commercialization."

"I am excited to join Zinc8's board, and help push the company and its products towards commercialization," commented Mr. Pinsky. "The management team has assembled a team of talented individuals, and I believe my legal experience will prove beneficial in development of the company's corporate strategies."

Mr. Pinsky has been granted one million stock options exercisable at an exercise price of 22 cents and are exercisable for 10 years.

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 100 plus 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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