Monday, March 08, 2021 8:37:56 AM
Prior to or concurrently with the new listing on the CSE, the Company anticipates changing its name from Hillcrest Petroleum Ltd. to Hillcrest Energy Technologies Ltd. and will be trading on the CSE under the new symbol “HEAT”.
Hillcrest’s move, the CSE and upcoming brand overhaul, are intended to clearly reflect the Company’s commitment to lead through action. These moves are being made to differentiate and grow organizational value and solidify Hillcrest’s future as a driver of clean energy technology innovation -- from concept to commercialization.
“We’re making these shifts from a position of strength,” said Hillcrest CEO, Don Currie. “Operational progress has been significant and impactful. Our opportunity areas in cleantech are abundant and we are aggressively identifying and pursuing new strategic partnerships while solidifying others. Current revenues from oil production will support Corporate goals that include developing and owning clean technology IP, the value of which we can sell, license or joint venture with strategic partners. We intend for 2021 to be a year of action and expansion as we accelerate efforts to become an early leader in global electrification.”
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