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Zinc8 Energy Solutions Inc
Symbol ZAIR
Shares Issued 75,711,374
Close 2020-06-29 C$ 0.20
Recent Sedar Documents

ORIGINAL: Zinc8 to delay AGM to date prior to Dec. 22

2020-06-29 19:17 ET - News Release

Received by email:

File: '\\doc\emailin\20200629 161252 Attachment Zinc8 - Press Release announcing the postponement of AGM and executive c
--->....docx'








ZINC8 ENERGY SOLUTIONS ANNOUNCES POSTPONEMENT OF EXECUTIVE COMPENSATION DISCLOSURE AND ANNUAL GENERAL MEETING MATERIAL

Vancouver, B.C. - June 29th, 2020 - Zinc8 Energy Solutions Inc. (CSE: ZAIR) ("ZINC8" or the "Company") announces that in
---> light of the COVID-19 public health emergency and related restrictions on gatherings, the Company intends to delay hold
--->ing its annual general meeting of shareholders to a later date, but prior to December 22, 2020. The Company is relying o
--->n the temporary blanket relief provided by the Canadian Securities Administrators (including the exemptive relief contai
--->ned in ASC Blanket Order 51-518, BC Instrument 51-516, Ontario Instrument 51-504) to postpone the filing of its executiv
--->e compensation disclosure required under applicable securities laws until such time as it is filed and delivered to shar
--->eholders as part of the Company's information circular relating to its 2020 annual general meeting of shareholders. With
---> this conditional temporary relief, the British Columbia Securities Commission and the other Canadian Securities Adminis
--->trators regulators are giving public companies until December 31, 2020 to send to its securityholders, and file, its nex
--->t annual general meeting information circular containing the executive compensation disclosure.

About Zinc8 Energy Solutions
Zinc8 has assembled an experienced team to execute the development and commercialization of a dependable low-cost zinc-a
--->ir battery. This mass storage system offers both environmental and efficiency benefits. Zinc8 strives to meet the growin
--->g need for secure and reliable power.
To watch a short video outlining Zinc8's technology, please visit:
 https://zinc8energy.com

More about the Zinc8 Energy Storage System (ESS)
The Zinc8 ESS is a modular Energy Storage System designed to deliver power in the range 20kW - 50MW with capacity of 8 h
--->ours of storage duration or higher. With the advantage of rechargeable zinc-air flow battery technology, the system can 
--->be configured to support a wide range of long-duration applications for microgrids and utilities. Since the energy stora
--->ge capacity of the system is determined only by the size of the zinc storage tank, a very cost-effective and scalable so
--->lution now exists as an alternative to the fixed power/energy ratio of the lithium ion battery.
Technology
The Zinc8 ESS is based upon unique patented zinc-air battery technology. Energy is stored in the form of zinc particles,
---> similar in size to grains of sand. When the system is delivering power, the zinc particles are combined with oxygen dra
--->wn from the surrounding air. When the system is recharging, zinc particles are regenerated, and oxygen is returned to th
--->e surrounding air.

Applications
The flexibility of the Zinc8 ESS enables it to service a wide range of applications. Typical examples include:
Smoothing energy derived from renewable sources such as wind and solar
Commercial/Industrial backup replacing diesel generators
Industrial and grid scale, on-demand power for peak shaving and standby reserves
Grid-scale services such as alleviating grid congestion, deferring transmission/distribution upgrades, energy trading an
--->d arbitrage, and increasing renewable energy penetration.


Architecture
The Zinc8 ESS is designed according to a modular architecture that enables a wide variety of system configurations to be
---> created from a small number of common subsystems. Each subsystem implements a single element of the technology:
The Zinc Regeneration Subsystem (ZRS) provides the recharging function
The Fuel Storage Subsystem (FSS) provides the energy storage function
The Power Generation Subsystem (PGS) provides the discharging function
Contact Information
Patrick Butler    Corporate Development
Telephone: 1.604.681.1568
patrick@zinc8energy.com Web: investors@zinc8energy.com







Forward-Looking Information
This news release contains certain statements or disclosures relating to Zinc8 Energy Solutions that are based on the ex
--->pectations of its management as well as assumptions made by and information currently available to Zinc8 Energy Solution
--->s which may constitute forward-looking statements or information ("forward-looking statements") under applicable securit
--->ies laws. All such statements and disclosures, other than those of historical fact, which address activities, events, ou
--->tcomes, results or developments that Zinc8 Storage anticipates or expects may or will occur in the future (in whole or i
--->n part) should be considered forward-looking statements. 
Forward looking statements in this press release include that that our technology will open up a huge global opportunity
---> for behind-the-meter, microgrid and utility-scale long-duration energy storage; that our technology could be transforma
--->tive in improving the economics of long term battery storage; that we can execute the development and commercialization 
--->of a dependable low cost zinc-air battery; that our mass storage system offers both environmental and efficiency benefit
--->s; that we can help meet the needs for secure and reliable power. Zinc8 Energy Solutions believes the material factors, 
--->expectations and assumptions reflected in the forward-looking statements are reasonable at this time, but no assurance c
--->an be given that these factors, expectations and assumptions will prove to be correct. The forward-looking statements in
--->cluded in this news release are not guarantees of future performance. Such forward-looking statements involve known and 
--->unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those a
--->nticipated in such forward-looking statements including, without limitation: that our technology fails to work as expect
--->ed or at all; that our technology proves to be too expensive to implement broadly; that customers do not adapt our produ
--->cts for being too complex, costly, or not fitting with their current products or plans; our competitors may offer better
---> or cheaper solutions for battery storage; general economic, market and business conditions; increased costs and expense
--->s; inability to retain qualified employees; our patents may not provide protection as expected and we may infringe on th
--->e patents of others; the date on which the Company will hold its next annual general meeting and the date on which the C
--->ompany will file its executive compensation disclosure required under applicable securities laws; and certain other risk
--->s detailed from time to time in Zinc8 Energy Solution's public disclosure documents, copies of which are available on Zi
--->nc8 Energy Solutions Inc.'s SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list of factors is 
--->not exhaustive and are cautioned not to place undue reliance on these forward-looking statements.
The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes 
--->no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, futu
--->re events or otherwise, unless so required by applicable securities laws.
Neither the CSE nor any Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for
---> the adequacy or accuracy of this release.

For further information 
Contact Information
Patrick Butler    Corporate Development
Telephone: 1.604.681.1568
patrick@zinc8energy.com Web: investors@zinc8energy.com




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