Victory Square Portfolio Company Stardust Solar Announces Start of Trading on the TSX Venture Exchange
Vancouver, British Columbia – October 7, 2024 – Victory Square Technologies Inc. (CSE: VST) (OTCQX: VSQTF) (“Victory Square” or “VST”), is pleased to announce that its portfolio company, Stardust Solar Energy Inc. (“Stardust”) (formerly known as Bold Capital Enterprises Ltd.) has successfully completed its Qualifying Transaction in accordance with Policy 2.4 – Capital Pool Companies of the TSX Venture Exchange (“TSXV”). Victory Square holds 5,486,440 shares in Stardust Solar and is thrilled to support the company’s continued growth and transition to becoming a publicly traded entity.
Stardust Solar’s common shares are expected to begin trading on the TSXV under the symbol “SUN” on October 7, 2024.
Transaction Overview
The Qualifying Transaction was completed through a three-cornered amalgamation between Stardust Solar and Bold Capital Enterprises Ltd. As a result, Stardust shareholders, including Victory Square, received common shares of Stardust Solar Energy Inc. in exchange for their Stardust Solar Holdings Inc. shares. This reverse takeover has positioned Stardust to capitalize on the growing demand for renewable energy installation services and further enhance its leadership in the solar energy space.
Stardust Solar will now continue its mission of providing franchised renewable energy installation services, including solar panel (PV) systems, energy storage systems, and electric vehicle supply equipment. With its new status as a publicly traded company, Stardust is well-positioned for accelerated growth and expanded market reach.
Victory Square’s Commitment to Clean Technology
Victory Square Technologies is committed to fostering innovation and sustainability through investments in clean technology companies like Stardust Solar. As a long-term shareholder, we believe Stardust’s listing on the TSXV is a significant milestone that will unlock tremendous value for shareholders and further drive the adoption of clean energy solutions in both residential and commercial sectors.
CEO’s Remarks
Shafin Diamond Tejani, CEO of Victory Square, commented:
“We are thrilled to see Stardust Solar achieve this important milestone as it transitions into a publicly traded company. Victory Square’s investment in Stardust reflects our dedication to supporting companies that are making a positive impact on the environment through clean technology. We are confident that Stardust Solar’s innovative business model, strong leadership, and position in the renewable energy sector will generate significant value for both Victory Square and our shareholders. We look forward to supporting Stardust Solar on this exciting new chapter as they expand their market presence and continue to promote the adoption of renewable energy solutions.”
About Stardust Solar Energy Inc.
Stardust Solar, based in British Columbia, is a franchisor specializing in renewable energy installation services. Its offerings include solar photovoltaic (PV) systems, energy storage solutions, and electric vehicle supply equipment. Stardust’s franchisees provide installation and maintenance services for both residential and commercial clean energy systems, supported by the company’s comprehensive business management and corporate services.
Victory Square Technologies Investor Webinar Q&A
We’re excited to invite you to the next Victory Square Investor Webinar Q&A with CEO Shafin Diamond Tejani. This webinar will be focused on providing a company update and answering shareholders’ questions.
Please see details for the webinar below:
Victory Square Technologies Investor Webinar Q&A
Date: Wednesday, October 16, 2024
Time: 1:15 am PST – 2:00 pm PST (4:15 pm EST – 5:00 pm EST)
Location: via zoom
Please register by clicking the link below:
https://us06web.zoom.us/webinar/register/WN_FqKrskcQSfSNeuhKDQYb-w#/registration
About Victory Square Technologies Inc.
Victory Square Technologies builds, acquires, and invests in promising startups across various industries, including AI, gaming, blockchain, clean technology, and digital health. Through its dynamic ecosystem, Victory Square nurtures and scales innovative companies, creating long-term value for shareholders.
Sign up to VST’s official newsletter at www.VictorySquare.com/newsletter
For more information, please visit:
Website: www.victorysquare.com
LinkedIn: www.linkedin.com/company/victorysquaretechnologies
YouTube: www.youtube.com/victorysquaretechnologies
On behalf of the Board of Directors
“Shafin Diamond Tejani”
Director and Chief Executive Officer
Victory Square Technologies Inc.
www.victorysquare.com
For further information about Victory Square, please contact:
Investor Relations Contact – Abbey Vogt
Email: ir@victorysquare.com
Telephone: 604 283-9166
Peter Smyrniotis – Director
Telephone: 604 283-9166
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