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Gotcha. I thought it was Wed the 10th
By Friday at the latest is what was promised. I almost hope it is not ON:TSXV that they take out, they look a little troubled. But will have to see the terms I guess.
My guess is the capital raise is to help complete the letter of intent process and fund expansion and operations. The canadian price is down 20% as well which is around the offering price for the placement.
Is that related to last weeks news though?
I saw a pr about a new private placement.
http://finance.yahoo.com/news/solar-alliance-announces-private-placement
Thanks. Somehow I had 4/10 in my Head.
One Roof Energy Group ON:TSXV - Looks like the company in question. Will find out next week. Have a good weekend!
BRIEF-OneRoof Energy Group says unit to sell solar project assets for US$8 mln
Reuters
March 8 (Reuters) - OneRoof Energy Group Inc:
* OneRoof Energy announces agreement to sell solar project assets
* Deal for an aggregate purchase price of US$8 million in cash
* Transaction was entered into as part of company's previously-announced wind down process, which is ongoing
* Expects that substantially all of net proceeds from transaction will be used to pay solar project-related expenses
* About US$1.8 million of net proceeds of transaction will be used to repay principal, accrued interest on loan from new resource bank
* Does not anticipate deal nor any other deal that co may enter into will generate sufficient funds to pay claims of creditors in full Source text for Eikon: Further company coverage:
Further details regarding the acquisition will be announced when a definitive Transaction Agreement is reached with the Seller. The Company expects to sign the Transaction Agreement by April 14, 2017
That's what I have been thinking. Either after the close tonight or AM Monday being Monday is the 10th
Maybe it will pick up once they announce the deal is final
Me too. We had a few million the other day on the large rise and since light volume. The other poster said it had record volume on the Canadian exchange this week of 30-40 million but not here. It's holding up decently though
I'm surprised it hasn't gotten more attention. I know you've done your best to mention it on other boards.
Excellent. Record profit AND deal is to close on or before April 10th per the PR the other day.
News release from Solar Alliance. Mentions "positive progress" regarding the LOI.
http://web.tmxmoney.com/article.php?newsid=8080003179576930&qm_symbol=SAN
Quiet day today.
i am still watching
Would be nice to. 3 Green days in a row. Closes on or before Monday I believe if I read it right the other day.
Good points - While we talk about it, it just added another million on the venture, too funny. Maybe close green
Sure is but the two positives are no selling here into the bid and it's holding most all the 201% rise from the other days.
np, lack luster day today, its like everyone just walked off for lunch, hours ago... lol
Thanks for the info.
20.5 CAD, that cut n paste didn't line up.
SOLAR ALLIANCE ENERGY INC
SAN:TSXV
View SAENF on the OTC PINK - CURRENT INFORMATION
Set Alert
Add to WatchList
Last Change Bid (size) Ask (size) Volume Day Range
$0.205
-$0.03
(-10.87%)
0.205 (1) 0.210 (87) 3,086,631 0.195 - 0.225
Buy
Sell
So what price is it currently trading at in Canada? (Knowing that the exchange rate is factored in).
It could but unlikely as it's Canadian trading that controls the price of this stock at the moment as the volume is many times greater ( over 3 million so far today) up here. Right now we are in a correction down 9% on the day.
In Canada, it's SAN . It should be indicate in the description...
Agree. This one could pop huge again any time like Tuesday's 201%. L2 is insanely thin.
Gonna hold this. Looks like a nice steady climb to paper coming
Nice. Any thoughts on our pps over here?
47 million volume in 2 days on the venture - Out of 65 million. By far the largest mover on that exchange this week
New 52 week high in the am?
Wasn't aware of that til today when you mentioned it.
Probably reacting to Canadian price fluctuations on the Venture exchange where by far most of the volume is,currently over 21 million traded on Canadian platforms
I am amazed watching how L2 just keeps changing even when no orders are going thru. Never have seen that on other tickers on the OTC market.
1.3 million for support at 24.5. There we go again on the venture.
William Shatner "Joins the Alliance" to Promote the Benefits of Solar Energy
Public awareness campaign -- Save Money, Save the World -- will kick off with solar installation at Mr. Shatner's home
VANCOUVER, BC--(Marketwired - April 05, 2017) - Solar Alliance Energy, Inc. ('Solar Alliance') or (the 'Company') (TSX VENTURE: SAN) (OTCQB: SAENF) is pleased to announce it will be working with William Shatner to promote the benefits of solar energy through an exciting public awareness campaign titled "Join the Alliance -- Save Money, Save the World". Mr. Shatner will bring his unique brand of passion and humour to help promote the many benefits of solar energy. The public awareness campaign will kick off with the installation of a solar system at Mr. Shatner's Los Angeles home.
"The benefits of solar energy are significant and I am pleased to work with Solar Alliance on this public awareness campaign," said Mr. Shatner. "I am committed to creating a better world through action and this is one small step towards a cleaner future that is less dependent on fossil fuels."
"We are excited to be working with Mr. Shatner to raise awareness of the benefits of solar energy," said Chairman and CEO Jason Bak. "Mr. Shatner is committed to environmental sustainability and those ideals align perfectly with the Solar Alliance mission. This public awareness campaign will provide a platform for Solar Alliance to create new customers and deliver the benefits of solar to thousands of new customers. Our goal is to create a national alliance of homeowners and businesses that benefit from the low cost and positive environmental benefits of solar energy."
Solar Alliance will kick off this exciting new solar awareness campaign with the installation of a solar system at Mr. Shatner's home in the coming weeks. The campaign will be rolled out across Solar Alliance's social media platforms, including Facebook, Twitter and Instagram.
In consideration for his role as Spokesperson, Solar Alliance will issue Mr. Shatner 750,000 stock options. The options have a term of 5 years and an exercise price of $0.195 per share. The option issuance is subject to the approval of the TSX Venture Exchange.
About William Shatner
William Shatner has cultivated a career spanning over 50 years as an award-winning actor, director, producer, writer, recording artist, and horseman. He is one of Hollywood's most recognizable figures and a major philanthropist. In 1966, Shatner originated the role of "Captain James T. Kirk" in the television series Star Trek. The series spawned a feature film franchise where Shatner returned as Captain Kirk in seven of the Star Trek movies, one of which he directed. Shatner played the title role in the hit television series T.J. Hooker before hosting television's first reality-based series, Rescue 911. Shatner continues to act, write, produce and direct while still making time to work with charities and further his passion in equestrian sports.
Jason Bak
Chairman and CEO
About Solar Alliance Energy Inc. (www.solaralliance.com)
Solar Alliance is a sales, marketing and development company focused on residential, commercial and industrial solar installations. Since we were founded in 2003, we have developed wind and solar projects that provide enough electricity to power 150,000 homes. Solar Alliance is committed to an exceptional customer experience, effective marketing campaigns and superior lead generation in order to drive sales and generate value for shareholders. Our passion is improving life through ingenuity, simplicity and freedom of choice. We make solar simple and our goal is to install solar on every available rooftop in America.
Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. The words "would", "will", "expected" and "estimated" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different than those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the ability to raise sufficient capital, changes in economic conditions or financial markets, litigation, legislative or other judicial, regulatory and political competitive developments and technological or operational difficulties. Consequently, actual results may vary materially from those described in the forward-looking statements.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For more information:
Solar Alliance Investor Relations
Spyros Karellas
Pinnacle Capital Markets
(416) 433-5696
spyros@pinnaclecapitalmarkets.ca
Yes and I see it juggling around constantly like yesterday. This thing is about to make a move to .50+ IMO SAENF
Chewing through the asks on the venture. Seeing blocks of a million pop up real briefly, then get pulled, its like their taunting!
Super thin. If any burst of volume comes in again this can make a move to $1 here. Insanely thin on L2 again today
The interesting part of this LOI - That Mr Bak didn't care what the market thought his company was worth, he's stating the terms of the deal regardless of our price. Now the market is catching up based on that.
Looks like will be holding above 20 at least until the news. This still has to get past 25 at least for this deal.
I know I'm not the only one that won't even think about selling at this level. 7 years, its selling at a gain, not a loss.
The bid/ask was very strange yesterday. It was jumping all around without buys or sells coming through. I am hoping we launch big time here. Steady climb yesterday.
It kind of looks like many missed the details here. This could be paper soon. Profits and acquisition
good news, i was checking their website, they made profit in December 2017.. great start.. i am thinking to get some shares
"34.5 million US in revenue values " GREAT.
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