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Sharc Energy, Canadian Business Journal Supporting Pontas Protein Sustainability Goals

Vancouver, British Columbia, March 17, 2022 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or “Company”) Non-binding statement of intent (“LOI“) Pontus Protein Ltd. (“Pontus”) (TSXV: HULK) (FSE: 8YC) (OTCQB: HLKKF) Piranha wastewater energy transfer (“)WetA system of Pontas Aquaponics facilities in Sally, British Columbia and future facilities that Pontas may build.

The PIRANHA WET system is a self-contained electric heat pump system that efficiently recovers thermal energy from the water that flows daily through the drains of the building and uses it to reduce the building’s hot water demand by up to 100%. .. Up to 100% of carbon emissions associated with conventional hot water heating. On average, for every $ 1 of energy used by piranhas, the WET system can provide $ 4 of output.

Pontas has a unique closed environment vertical aquaponics system (“CEVASIt uses 95% less water than traditional agriculture, which is cultivated and harvested every 24 hours, exceeds organic certification, and can be cultivated in relatively any climate, without the use of pesticides or chemicals. Helps to specialize in indoor vertical farming. A small area.

Sustainability is very important to Pontas, as evidenced by the recycling and reuse of 95% of the water used by Spirodela polyrhea in the water lentils grown and processed in the facility. This focus on sustainability is what attracts Pontus to piranhas.

“Sustainability is our core and we are excited to work with SHARC to integrate a highly efficient heat pump system to reduce our environmental impact,” said Connor Yuen, CEO of Pontus Protein Ltd. I am. It can be placed anywhere in the world and consistently provides nutritious foods with minimal input. We believe that the PIRANHA WET system will be the core technology to achieve this. “

“Working with a sustainable company is great for SHARC,” said Lynn Mueller, CEO of SHARC Energy. “Pontus is a state-of-the-art agritech company in the Vancouver region, doing some great things with the CEVAS system. We are here to support their sustainability goals in the best possible way. I’m in Vancouver. “

The LOI is valid before the purchase order is issued or up to 6 months after the LOI date.

About SHARC Energy

SHARC International Systems Inc. is a world leader in the recovery of energy from wastewater that we send to drains daily. SHARC Energy’s system recycles thermal energy from wastewater and makes it one of the most energy efficient and economical systems for heating, cooling and hot water production in commercial, residential and industrial buildings. Generate.

SHARC Energy is listed in Canada (CSE: SHRC), USA (OTCQB: INTWF), Germany (Frankfurt: IWIA) and can be found in detail in the SEDAR profile.

SHARC Energy Details: Website | Investor Page | LinkedIn | YouTube | Piranha

About Pontus Protein Ltd

This is our future, the future of agriculture. Pontus Protein Ltd. is a Vancouver-based agricultural food and technology company focused on creating and acquiring the best technology. A highly sophisticated AI-designed robot that combines a unique vertical farming approach with sustainability efforts. Our intellectual property optimizes efficiency for shorter growth times and higher productivity. We avoid all pesticides and GMOs and provide healthy, affordable foods and nutrients to every diet in a closed and controlled environment.

Pontus Protein is listed in Canada (TSXV: HULK), USA (OTCQB: HLKKF) and Germany (FSE: 8YC), and details can be found in the SEDAR profile.

More about Pontas: Website | Investor Page | LinkedIn | YouTube | Twitter

On behalf of the board
Rinmueller
Chairman and Chief Executive Officer

The Canadian Stock Exchange is not responsible for the validity or accuracy of this release.

Description of future prospects

Certain statements contained in this news release may constitute information about future prospects. Information about future prospects is often, but not always, “anticipate,” “plan,” “estimate,” “expect,” “may,” “do,” and “intend.” , “Should” be used to identify. formula. Forward-looking information includes known and unknown risks, uncertainties, and other factors that may cause actual results and events to differ materially from those expected in such forward-looking information. It will be. The actual results of SHARC Energy are as a result of regulatory decisions, competitive factors in the industries in which we do business, general economic conditions, and other factors, and what are the expected results of this forward-looking information. It can be very different. society. SHARC Energy believes that the expectations reflected in the forward-looking information are valid, but there is no guarantee that these expectations will be valid and will be overly dependent on such forward-looking information. Should not be. The forward-looking information contained in this news release represents our expectations as of the date of this document and is subject to change after that date. We disclaim any intention or obligation to update or revise future outlook information for new information, future events, or for any other reason, except as required by applicable securities law.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1c02565b-24c9-4160-a9d1-1617e6749151.


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Sharc Energy, Canadian Business Journal Supporting Pontas Protein Sustainability Goals

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