Golden Predator Intersects 39.6 m of 13.3 g/t Gold at the 3 Aces Project

VANCOUVER, BC—(Marketwired – May 30, 2017) – Golden Predator Mining Corp. (TSX VENTURE: GPY) (OTCQX: NTGSF) (the “Company” or “Golden Predator“) is pleased to report assay results for 16 of 43 drill holes completed as of May 15, 2017 at the 3 Aces Project in southeastern Yukon, Canada. These drill holes are concentrated at the Spades Zone, and are designed to better define the structural controls of the gold mineralization and to expand the zones by stepping out laterally along strike. Results include the highest–grade drill intercept received to–date on the Ace of Spades vein, as well as high–grade intercepts from the Seven and Three of Spades veins. Step–out drilling has successfully encountered mineralization 150 m from previous Ace of Spades drill intercepts. These drill results are part of a fully funded 40,000 m drill program[1], which will continue throughout 2017.

Significant results include:

  • Hole 3A17–098 intersected 39.63 m of 13.26 g/t gold from a depth of 9.14 m, including 13.71 m of 35.78 g/t gold;
  • Hole 3A17–099 intersected 14.48 m of 15.32 g/t gold from a depth of 8.38 m, including 4.57 m of 46.76 g/t gold;
  • Hole 3A17–111 intersected 3.05 m of 8.12 g/t gold from a depth 16.76 m, including 1.52 m of 14.0 g/t gold;
  • Hole 3A17–110 intersected 5.33 m of 4.0 g/t gold from a depth of 159.26 m, including 0.76 m of 22.20 g/t gold;
  • Hole 3A17–090 intersected 1.52 m of 12.66 g/t gold from a depth of 38.10 m.

To view maps of the 3 Aces Project outlining the results expressed in this release please visit:

http://www.goldenpredator.com/_resources/maps/3Aces_20170526_NewsReleaseMaps.pdf

2017 Drill Program

The 2017 drill program started in February and is initially focusing on the Spades Zone before expanding to other areas of the property. Drilling in the Spades Zone is intended to test targets including the depth and strike extensions of the Ace of Spades vein, stockwork mineralization encountered below the Ace of Spades vein, and initial drilling at the Jack, Queen, Seven and Three of Spades. The 2017 drill program[2] will focus on identifying and testing new mineralized vein targets combined with expanding the current gold targets in the Clubs, Hearts and Spades zones.

Forty–three reverse circulation holes are completed as of May 15, 2017 from an area measuring over 450 x 700 m within the Spades zone. The 27 remaining holes, for which assay results are pending, are designed to test the Ace of Spades vein down dip to the southeast and up dip to the northeast as well conduct initial drilling on the previously untested Jack of Spades zone. Both the Ace of Spades and Jack of Spades are gold–bearing veins exposed at the surface. The Company's interpretation of the structure responsible for quartz vein development at 3 Aces, and associated high–grade gold shoots within the veins, has advanced significantly from the commencement of the 2016 winter drill program.

Ace of Spades

Gold mineralization in the Spades zone is hosted in quartz veining developed along an intensely sheared phyllite–sandstone contact. Gold–bearing quartz veins associated with arsenopyrite are present in the sheared phyllite hanging wall, at the contact and extend into the sandstone as well–developed quartz–arsenopyrite stockwork veining. Visible gold occurrences are well documented at surface within Spades, and are present in the cuttings of 4 of the 43 drill holes completed in 2017 including hole 3A17–098 reported herein. Lower–grade stockwork veining extends into the footwall sandstone unit from near surface.

Close spaced and step–out drilling was employed to define the structural pattern and grade distribution. Step–out drilling targets, located southeast of the Ace of Spades vein zone, intersected significant gold mineralization in drill holes 3A17–110 and 3A17–111.

Drill hole 3A17–098 targeted the Ace of Spades vein along strike 10 m northeast of drill hole 3A16–032. This vertical drill hole intersected 13.26 g/t gold over 39.63 m at a depth of 9.14 m, including 35.78 g/t gold over 13.71 m from a depth of 14.48 m. Stockwork mineralization averaging 0.4 g/t gold extends below this intercept to 165 m depth; when including the lower grade stockwork mineralization beneath the Ace of Spades vein, the upper 165 m of the hole averaged 3.27 g/t gold from surface. Drill hole 3A17–099 tested the Ace of Spades vein 14 m northeast along strike from the 3A17–098 intercept and intersected 15.32 g/t gold over 14.48 m at a depth of 8.38 m, including 46.76 g/t gold over 4.57 m at a depth of 10.67 m.

Drill hole 3A17–111 was collared 45 m southwest of 3A16–043 (7.62 m drilled width of 14.73 g/t gold including 3.05 m drilled width of 26.67 g/t gold[3]) across the projected strike of a 310 degrees trending shear zone. The drill hole intersected 8.12 g/t gold over 3.05 m at 16.76 m including 14.0 g/t gold over 1.52 m at 17.53 m depth. Drill hole 3A17–110 was collared from the same drill pad and targeted the main Ace of Spades vein approximately 130 m lower in elevation along a postulated offset to the northwest. This drill hole intersected 22.20 g/t gold over 0.76 m at a downhole depth of 160.78 m in quartz veining developed along a phyllite/sandstone footwall contact. Although in–fill drilling will be required, one interpretation of the high–grade gold intercept in 3A17–110 suggests that it is the offset continuation of the Ace of Spades vein whose nearest drilled intercept is 150 m away to the northeast.

Seven of Spades

Drill holes 3A17–086 through 3A17–091 are the first holes drilled in the Seven of Spades zone and targeted surface gold mineralization associated with quartz veining along the N60E and N20W structural corridors. Both holes targeted high–angle and low–angle vein targets. Drill hole 3A17–090 intercepted 12.66 g/t gold over 1.52 m at a depth of 38.10 m adjacent to a high–angle, N60E trending shear zone containing arsenopyrite–bearing quartz veining along a phyllite–sandstone contact. Drill hole 3A17–089 intercepted the same zone, 26 m up dip, which assayed 2.71 g/t gold over 3.05 m at a depth of 27.43 m. Drill hole 3A17–088 targeted the zone 60 m down dip of the 3A17–090 intercept; the vein was off–set by an inferred low–angle fault. Additional drilling is planned in the Seven of Spades zone as the quartz–arsenopyrite gold intercepts remain open along strike in both directions.

Three of Spades

Drill holes 3A17–092 through 3A17–097 are the first drill holes in the Three of Spades zone and targeted surface gold mineralization along a N60E trending high–angle shear zone hosting quartz–arsenopyrite veinlets. Gold mineralization was intercepted in five of six holes, over a 150 m strike length, including 10.39 g/t gold over 1.53 m at 131.06 m in drill hole 3A17–092 and 5.72 g/t gold over 0.77 m at a depth of 20.57 m in drill hole 3A17–096. Additional drilling is scheduled in June to offset these gold intercepts as the geometry of the structures is becoming better understood.

Significant Results Drill Table – Ace of Spades, Seven of Spades, Three of Spades
                     
Hole ID1   Sample Type2   From (m)   To (m)   Drilled Width (m)3   Au g/t4
Seven of Spades Zone                    
3A17–089   RC   27.43   30.48   3.05   2.71
3A17–090   RC   37.34   40.39   3.05   6.62
including   RC   38.10   39.62   1.52   12.66
and   RC   48.77   50.29   1.52   4.65
Three of Spades Zone                    
3A17–092   RC   28.19   28.96   0.77   3.42
and   RC   42.67   43.43   0.76   3.01
and   RC   131.06   134.87   3.81   4.70
including   RC   131.06   132.59   1.53   10.39
3A17–096   RC   16.00   17.53   1.53   1.50
and   RC   20.57   21.34   0.77   5.72
3A17–097   RC   17.53   19.05   1.52   4.47
Ace of Spades Vein                    
3A17–098   RC   9.14   48.77   39.63   13.26
including   RC   14.48   28.19   13.71   35.78
including   RC   16.00   19.05   3.05   124.64
and   RC   105.16   105.92   0.76   4.85
and   RC   138.68   139.45   0.77   3.33
and   RC   195.83   196.60   0.77   3.27
3A17–099   RC   8.38   22.86   14.48   15.32
including   RC   10.67   15.24   4.57   46.76
including   RC   21.34   22.10   0.76   7.15
and   RC   26.67   27.65   0.98   12.50
3A17–110   RC   159.26   164.59   5.33   4.00
including   RC   160.78   161.54   0.76   22.20
3A17–111   RC   16.76   19.81   3.05   8.12*
Including   RC   17.53   19.05   1.52   14.00*
1 Only Spades area holes with a drilled interval assaying ≥3.0 g/t gold are reported in table;
– Holes 3A17–088 reported a single 2.0 g/t interval within an interval of 9m of 0.5 g/t from 1m depth
– Holes 3A17–091, 3A17–094 and 3A17–095 reported multiple intervals greater than 1.0 g/t but less than 3.0 g/t
– Holes 3A17–086, 3A17–087, and 3A17–093 returned no significant results
2Sample Type 'RC' is whole 5.5″ (139.7mm) reverse circulation cuttings
3All intervals are reported as drilled thicknesses; true thicknesses are estimated to be 30–100% of drilled thicknesses
4Reported Au assay grade sourced from ALS using Au–SCR24B method (* indicates finalized Au–AA26 results)

3 Aces Project, Yukon

The 3 Aces Project includes the 3 Aces, Reef, and Hy Jay properties consisting of 1,734 claims covering 357 km² (35,700 hectares) in southeast Yukon. The project is located along the all–season Cantung Mine Road which accesses the Cantung Mine, 40 km to the north. The 3 Aces Project, which includes the two highest grade surface discoveries to date in the Yukon, has 30 mineralized veins that have been discovered through sampling, trenching, roadwork and drilling over 762 m (2,500 feet) of elevation within the Central Core area.

Surface outcrops of gold bearing quartz veins were discovered on the property, then advanced with extensive soil sampling and helicopter supported core drilling, which outlined significant gold anomalies over a Central Core Area of 10.5 km2. Previous exploration work by Golden Predator in 2015 and 2016, which includes metallurgical studies, rotary air blast (RAB) drilling, RC drilling, diamond drilling and bulk sampling, focused on establishing reproducible gold grades and continuity of the Ace of Spades vein where previous diamond drilling had returned inconsistent grades. The work in 2015 and 2016 confirmed the high gold grades of the vein by better targeting and utilization of a sampling and assaying protocol derived from metallurgical studies.

The 3 Aces property is in the traditional territory of the Kaska Nation. In January 2013, Golden Predator signed an Exploration Agreement with the Kaska Nation, as represented by the Ross River Dena Council and the Liard First Nation, with respect to activities within their traditional territories. The 3 Aces Project operates under a Class 4 Mining Land Use Permit.

Sampling Methodology, Quality Control and Assurance

Because of the high–grade gold encountered at 3 Aces to date, the Company has taken steps to ensure that its sampling and assaying procedures can be depended upon. The Company has utilized larger diameter drilling to provide sample material for comparative/effectiveness analysis of past drilling programs, including sampling protocols, assay methods and QA/QC procedures, and to more confidently estimate grades of high–grade veins containing coarse gold. And, the Company has initiated an internal sample quality assessment study to evaluate the performance of drill program sampling and assaying protocols, including QA/QC performance. Sample datasets being evaluated include finalized assay results from completed drill programs and QA/QC materials comprised of field and lab–split duplicate datasets as well as certified standard reference materials.

All analyses for the drill samples from the program were performed by ALS with sample preparation in Whitehorse, YT, Terrace, B.C. or North Vancouver, B.C. and assaying in North Vancouver, B.C. Drill samples were analyzed using a 50 g fire assay with atomic absorption (AA) finish. If the procedure returned a value of 0.75 g/t gold or greater, or if the sample is within a mineralized zone, it is re–run using a 2kg screen metallic gold method (Au–SCR24)

The screen metallic procedure utilizes a two–kilogram split from each crushed sample, which is pulverized and passed through a 150–mesh screen. The material remaining on the screen (Plus fraction) is analyzed in its entirety by fire assay with gravimetric finish. The material that passed through the screen (Minus fraction) is homogenized and two 50 g subsamples are analyzed by fire assay with AA finish and averaged. The Plus and Minus fraction gold analyzes are weight averaged to obtain a final gold determination for the sample. Quality control and assurance (QA/QC) included 12% of the samples, consisting of reject duplicates, blank and certified reference materials.

While in ALS custody, eighteen palletized containers containing 564 drill samples (and QAQC materials) from the Three of Spades holes 3A17–094 through 3A17–097 were involved in a transport accident in mid–March 2017. The samples were being shipped from the ALS Whitehorse facility to the ALS Vancouver lab in an enclosed trailer. Some samples sustained material loss from torn bags, and were subjected to a broken chain of custody during recovery. Since the samples were large and most frozen solid at the time of the accident damage was minimized.

The technical content of this news release has been reviewed and approved by Mark C. Shutty, CPG, a Qualified Person as defined by National Instrument 43–101 and an employee of the Company.

Golden Predator Mining Corp.

Golden Predator Mining Corp., a well–financed Canadian gold mineral exploration company is expanding surface discoveries, at its 3 Aces Project in Canada's Yukon, through focused drilling. The 3 Aces property is a high–grade gold in quartz project with an exploration program underway that includes sampling, trenching, drilling and bulk sampling to define and interpret the project. The Company also holds the Brewery Creek Project in Canada's Yukon.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory goldthority has approved or disapproved the information contained herein. This press release contains forward–looking information that involve various risks and uncertainties regarding future events. Such forward–looking information can include without limitation statements based on current expectations that the private placement will complete as described herein, that the Project will advance through permitting and feasibility. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward–looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward–looking information should circumstances or management's estimates or opinions change.

[1] Golden Predator Press Release dated May 3, 2017
[2] Golden Predator Press Release dated May 3, 2017
[3] Golden Predator Press Release dated January 19, 2017

Fresno County Unveils Countywide Solar Powered EV Charging Program Using Envision Solar's EV ARC(TM)

SAN DIEGO, CA—(Marketwired – May 26, 2017) – Envision Solar International, Inc. (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading renewably energized EV charging, outdoor media and energy security products company, announced that the Fresno County Rural Transit Agency (FCRTA), San Joaquin Valley Air Pollution Control District (SJVAPCD), the California Department of Transportation (Caltrans), the California Energy Commission (CEC) and CALSTART unveiled a program providing the Company's EV ARC™ solar powered electric vehicle charging stations in 13 rural incorporated cities throughout Fresno County. This is the largest single deployment of solar powered electric vehicle charging stations in the County and the first to link all the rural cities in one single county.

FCRTA selected Envision Solar's EV ARC™ product, which is the only rapidly deployable, transportable solar powered EV charger available while simultaneously being the only renewably energized EV charging solution which provides both EV charging and emergency power during a grid failure.

State of California contract #1–15–61–16 was awarded to Envision Solar to supply EV ARC™ products to State of California Departments and other local governmental agencies or entities. Both the SJVAPCD and FCRTA provided funding for the purchase and deployment of the EV ARC™ products, which include back–up energy storage for emergency services. The CALSTART San Joaquin Valley Clean Transportation Center is funded, in part, by a grant from the CEC. The FCRTA funding was provided, in part, by Caltrans.

“This project is a great model of what can be done via partnerships and cooperation to develop truly sustainable transportation. The California Energy Commission, through its support of the CALSTART center, is very pleased to be part of this project that makes cars powered by the sun a reality in rural Fresno County,” said Commissioner Janea Scott.

An electric vehicle which is recharged by EV ARC™ products has a total emission level which is effectively zero. The EV ARC™ products will provide no–cost charging for San Joaquin Valley EV drivers, helping to make electric cars more affordable for Fresno County residents. 12 of the 13 units are located in disadvantaged communities.

“This is an important project that demonstrates that running cars powered by the sun is not a dream but an actual reality. CALSTART is very appreciative of the funding support provided by the San Joaquin Valley Air Pollution Control District, the California Energy Commission, Caltrans and the Fresno County Rural Transportation Agency,” said CALSTART President and CEO, John Boesel.

“We view this as an important step in building the electric vehicle market in the San Joaquin Valley,” said CALSTART's San Joaquin Valley Regional Director, Joseph Oldham. “We are very interested in replicating this project in the other counties in the valley,” said Oldham.

“Fresno County has shown great leadership in providing our EV ARC products to their constituency,” said Desmond Wheatley, Envision Solar's CEO. “Free solar powered EV charging is a fantastic fit in this hard–working area of the State where pollution is high and incomes are low. We look forward to fulfilling many more deployments for Fresno County.”

Invented and manufactured in California, the EV ARC™ fits inside a parking space and generates enough clean, solar electricity to power up to 225 miles of EV driving in a day. The system's solar electrical generation is enhanced by EnvisionTrak™ which causes the array to follow the sun, generating up to 25% more electricity than a fixed array. The energy is stored in the EV ARC™ product's energy storage for charging day or night and to provide emergency power during a grid failure. Because the EV ARC™ product requires no trenching, foundations or installation work of any kind, it is deployed in minutes and can be moved to a new location with ease. EV ARC™ products are manufactured in the Company's San Diego facility by combat veterans, the disabled, minorities and other highly talented, mission driven team members.

About Envision Solar International, Inc.

Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company who's unique and patented products include the EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar tracking, SunCharge™ solar Electric Vehicle Charging, ARC™ technology energy storage and EnvisionMedia solar advertising displays.

Based in San Diego the company produces Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information, visit www.envisionsolar.com or call (866) 746–0514.

Forward–Looking Statements

This Press Release may contain forward–looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

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Ecuador Focuses on New UN Tax Body to Fight Illicit Financial Flows

By Tharanga Yakupitiyage
UNITED NATIONS, May 22 2017 (IPS)

The time is now to work together to fight illicit financial flows, according to Ecuador’s Foreign Minister Guillaume Long.

Guillaume Long

Guillaume Long

Ecuador, having long advocated for tax justice, has shed light on the issue at the United Nations. As Chairman of the Group of 77, Long highlighted the need to end the financial secrecy of tax havens that often harm developing countries and to create an intergovernmental body to help regulate taxation and financial flows.

In an interview with IPS, Long explains the issues, challenges, and goals in achieving tax justice.

Q: The President of the General Assembly said that SDG financing is going to take 6$ trillion annually and $30 trillion through 2030. Do you think much-needed finances will be made available if the current rate of illicit financial flows is curbed?

A: I think it’s huge what you can get from curbing illicit flows and basically from tax dodging or tax evasion. In the case of Ecuador, we calculated that an approximate amount of $30 billion is held in tax havens. Just so you get a general idea of what that means, Ecuador’s gross domestic product (GDP) is roughly around $100 billion so $30 billion means almost 1/3rd of our GDP. Most countries struggle to grow, but here you’ve got 30 percent of GDP literally being robbed from us in tax havens.

That means less investment, less dynamism in the economy, less creation of jobs and also less taxes—it’s those taxes that are used for public policies to reduce poverty, reduce inequality, and create much needed infrastructure.

There are have been estimates that public infrastructure that is needed right now in the developing world is roughly $1.5 trillion. This includes hospitals, schools—the kind of infrastructure that the developing world needs to reduce huge rates of inequality, poverty, and some of the things we are trying to amend through, for example, the SDGs. And that’s only probably about 15% of illegal assets held abroad in tax havens and various offshore accounts.

[Curbing illicit financial flows] could revolutionize and dramatically transform the story and history of development. And it would certainly be one of the best sources of financing for development which is the big thing. Now that we have come to an agreement on the 2030 Goals and what it is that we want to do, the next question is how do we do this? And we have to do this with resources. Some resources are available to us, but many others aren’t and this is basically through tax dodging.

This is also fundamentally a practice that is carried out by elites and therefore it also means that you get greater rates of inequality. In a continent or a region like Latin America—if you do a per capita average then it is the middle class but we know that averages hide huge disparities and Latin America is actually the most unequal region in the world and a lot of that has to do with elites not being a willing part of the social contract. And a major aspect of the social contract is taxation and not participating in tax dodging.

Q: How much does the developing world, particularly Africa, Asia, and Latin America, lose to illicit financial flows?

A: There are huge numbers that are being reported. Oxfam talks of $7.6 trillion in tax dodging—I’m not even talking about illicit financial flows, not even talking about offshore accounts, I’m talking about $7.6 trillion in tax dodging.

This is why Ecuador has taken this issue so seriously. We’ve been talking about tax havens and tax avoidance for years, particularly in this government in the last ten years with the Presidency of Rafael Correa. But after the Panama Papers scandal last year, President Correa really launched this as his priority and as a major crusade. He even launched what he called an “Ethical Pact” which included a referendum in Ecuador to ban civil servants and elected officials from holding assets in tax havens. If you are found to hold assets in tax havens, you can be removed from office automatically.

I really think Ecuador is one of the countries, if not the country in the world, that’s done the most. This referendum, which was successful in terms of its results, is an example to the world. And I think Ecuador has been the most proactive country in the year that’s transpired since the revelations of the Panama Papers in taking concrete and bold steps.

Another major thing that we have been doing on the international front is from our presidency of the G77 which we currently chair. We have pushed for the creation of an intergovernmental body on tax justice. We had a workshop this morning which was co-chaired by Ecuador, India, and South Africa with huge participation exactly on this issue.

There is an opportunity—now that the issue is back at the forefront of the media, it means that we have to maximize that opportunity to try and create mechanisms, particularly inside the United Nations, that fight tax dodging. [This issue] we can deal with if we have the right tools and institutions to fight that.

Q: What are your thoughts on public disclosures on tax havens like the Panama Papers? Is that something that is needed more in order to increase transparency and action on tax havens?

A: Whistleblowing plays an important role. When information is public and people find out about these things, if their politicians have been hiding money and fog them—most politicians have a very patriotic discourse saying they’re going to create jobs and economic activity and bring foreign investment. But surely there is a paradox and a contradiction if you are saying ‘vote for me because I’ll bring loads of foreign investment into the country’ and then on the other hand you’ve got all your personal assets hidden away somewhere without paying taxes. I think when those contradictions and lies, and I would use the world ‘robbery’ especially if you are dodging taxes, are exposed then that’s a good thing. It creates greater consciousness.

I think this is a time of great opportunity because since the Panama Papers scandal, a lot of countries that could be considered to be tax havens are starting to take measures because they are under increasing pressure by people and by countries like Ecuador and other countries to do something about it. The fact that we are having this debate today and the fact that I am talking to you is not necessarily in the tax havens’ interest because it brings the spotlight onto their activities so generally speaking, those kinds of public disclosures are very important part of creating a general awareness that this must stop.

There are a lot of double standards too. On the one hand, developing countries are under pressure for all sorts of things. They’ve got to grow, they’ve got to be good economically, they’ve got to guarantee human rights—all of these things which we absolutely abide by and are very committed to—but surely there is a contradiction with having to do that and then on the other hand, all of these countries that are kind of sermonizing the rest of the world from their civilizational pedestal are reaping the benefits of all the crony and corrupt elites of the developing countries depositing their money in these bank accounts without paying taxes.

So there’s a hypocrisy there that has to be exposed. And if these public disclosures can help to do that, then so be it.

Q: Has there been any progress since the Economic and Social Council’s (ECOSOC) adoption of the ‘UN Code of Conduct on Cooperation in Combating International Tax Evasion’?

A: That was a very important step. It was the first piece of important legislation and regulatory result that came out of the Committee of Experts in a long time. So we are seeing progress, though still not enough, but still progress. And that has to do with [it being] back on the agenda.

Now there is a new step, which I think is very important, that the Secretary-General from June onwards is going to be naming the members of the Committee of Experts. So that’s also a positive development because it obviously raises the stakes and gives it more political clout.

Ecuador’s position is that we celebrate that the Committee of Experts was created with largely the fruit of debate that goes back to Monterrey in 2002. But now we think that the Committee of Experts is insufficient and that we need something else. We need something with more clout, with more accountability, with more relation with the United Nations system itself and the governmental nature of this organization.

You have it in other spheres—if you look at trade, the World Trade Organization is a regulatory body at the highest level for trade while the Intellectual Property Organization is a regulatory body for intellectual property at the highest level.

Those institutions exist because it is in the interest of big capital that they should exist. Big capital is in favor of free trade and if a country stands in the way of free trade, then you get reprimanded. But it’s not necessarily in the interest of big capital to have the equivalent in the field of taxation. This is an important concept that we should bear in mind. A lot of the institutions of global governance that we have inherited respond to specific interests and not always to the interests of the most powerless in society. They respond to the interests of the most powerful in society.

And why should trade be more important than taxation? Probably in terms of redistribution, taxation is more important than trade. Although, nobody is saying that trade isn’t important for the overall accumulation of wealth of different countries, but in terms of redistribution and in terms of capacity of the state to work towards the 2030 Agenda, then surely [taxation] plays a huge role.

It is great that we are getting closer but it is frustrating that we are still talking about a fight in order to create an institution that will then dedicate itself to fighting for a greater outcome which is tax justice. We are not even fighting for tax justice, we are fighting for the right to have the corresponding institutions just like you have them in the fields of trade and intellectual property and others.

Q: Are you proposing for a new UN tax body or are you hoping to transform the Committee of Experts into an intergovernmental body that you have proposed?

A: We are looking to transform the Committee of Experts but we are very open to different kinds of formats. We are trying to create consensus and if you are trying to create consensus—I mean, we preside over the G77 which is 134 nations so creating consensus between 134 nations is already a tall order—but at the end of the day, we are actually trying to create consensus between 193 nations of the United Nations and that includes tax havens, countries that have been a little pro-status quo particularly in the OECD, and a lot of countries that are not in the G77.

So we are open to all sorts of different outcomes. We just want to raise the hierarchy, the political clout, the visibility, the strength of the body. There are a number of initiatives. Some people have talked about keeping it within the ECOSOC while others want to elevate it to the General Assembly—there’s a huge debate within the G77 about it. But there is consensus between 134 nations of the G77 that it should be an intergovernmental body. And that’s something that we are trying to, through our presidency, express the will of the nations that are members of our group.

Q: How feasible is the proposal for an intergovernmental body for approval by the General Assembly?

A: I think multilateralism is a slow process always. I think we are getting closer. And I think that the big conference on financing for development in the next few weeks should make significant progress. I think we will find that there is much more consensus than there was in Addis Ababa in 2015.

Most countries from the Global South have these discussions about tax justice and the right to development. But a number of countries from the G20 or OECD or more industrialized countries have also started to be flexible in their position. We are seeing changes. In the workshop we had today, which would have been unthinkable a few years ago, we had loads of tax havens present. Not just tax havens that are blacklisted in the Global South by the Global North but tax havens from Europe and from other parts of the world. And they were there because they want to listen in on the debate which shows that at least they are concerned or interested and some of them actually spoke out and said they are making changes and showing a greater commitment.

There is another major thing which is the securitization of the issue. For some countries, issues of terrorism is a big thing. Where do terrorists hide their money? Well, increasingly in constituencies that enjoy banking secrecy and those tend to be tax havens. If we can all at least agree on the outcome which is greater accountability and greater regulations on that matter, even if it is for different reasons, it’s about consensus building and that’s what multilateralism is about.

Q: So would this proposed UN tax body help bring such international cooperation in tackling illicit financial flows?

A: That’s exactly right. It’s not just about naming and shaming tax havens. If suddenly you have two neighboring countries in a European setting, even if they are developed countries, and they start this kind of taxation war by lowering their taxes in order to try to suck capital and investment out of each other in this kind of race to the bottom, then a [UN tax] body like that should be able to intervene and make at least the right recommendations. Whether those recommendations become compulsory then that’s another debate, but it should be a body like you have in other fields that has the capacity to make clear recommendations.

Q: Have you faced or expect to face opposition for this proposal, especially from the Global North?

A: For sure. The G77 has been facing—basically with the same position I am presenting to you is not a new position, the position has been going on for decades and there has been clear language on behalf of the G77.

It is interesting because within the G77, you actually have tax havens as well. But even those tax havens have accepted that an intergovernmental body, which doesn’t exclude them, is quite a good measure if you want to have a serious debate and discussion between member States on this issue. This has been the position of the G77 which has been resisted for decades. There has been loads of opposition. We saw it in Addis Ababa, particularly members of the G7 or the G20 and lots of opposition from the OECD countries and oppositions from countries that are not always considered to be tax havens in the kind of stereotypical manner.

Countries like the United Kingdom has been opposed to this very much, not only because of its own policies but also because of what is euphemistically called non-autonomous territories. The five biggest tax havens in relative terms of the offshore assets per GDP index are non-autonomous territories and four of the five are British while one is the U.S. They are not sovereign nations and they are not members of the United Nations. That’s an important issue and it’s not surprising that there is opposition when we are trying to move away from this.

The Panama Papers singled out Panama and actually Panama is making quite significant efforts to move away from that image. We are very happy to see them move away from such practices but actually, Panama is not necessarily in the top five in terms of the GDP index. The very people who even write up the black lists are not free of tax malpractice themselves.

A Grisly Tale of Children Falling Easy Prey to Ruthless Smugglers

In the former Yugoslav Republic of Macedonia, three children look out of the window of a train, which was boarded by refugees primarily from Syria, Afghanistan and Iraq, at a reception centre for refugees and migrants, in Gevgelija. Credit: UNICEF/Ashley Gilbertson VII

In the former Yugoslav Republic of Macedonia, three children look out of the window of a train, which was boarded by refugees primarily from Syria, Afghanistan and Iraq, at a reception centre for refugees and migrants, in Gevgelija. Credit: UNICEF/Ashley Gilbertson VII

By Baher Kamal
ROME, May 22 2017 (IPS)

Don’t read this story if you are a parent or have children relatives. It is the bloodcurdling story of over 300,000 unaccompanied refugee and migrant children who are just a small part of millions of children that are innocent, easy prey for smugglers and human traffickers worldwide.

Among a raft of alarming statistics, a new UN report has just found that children account for around 28 per cent of trafficking victims globally. And that Sub-Saharan Africa and Central America and the Caribbean have the highest share of children among detected trafficking victims, at the rates of 64 and 62 per cent, respectively. “I’m a child, not a criminal, not a threat, not an outcast” – UNICEF

The new report, issued by the UN Children Fund (UNICEF), also informs that the number of children travelling alone has increased five–fold since 2010, warning that many young refugees and migrants are taking highly dangerous routes, often at the mercy of traffickers, to reach their destinations.

At least 300,000 unaccompanied and separated children were recorded in some 80 countries in the combined years of 2015 and 2016, up from 66,000 in 2010 and 2011, according to the report A Child is a Child: Protecting children on the move from violence, abuse and exploitation, which was released on May 18, and presents a global snapshot of refugee and migrant children, the motivations behind their journeys and the risks they face along the way.

“One child moving alone is one too many, and yet today, there are a staggering number of children doing just that – we as adults are failing to protect them,” commented UNICEF deputy executive director Justin Forsyth. “Ruthless smugglers and traffickers are exploiting their vulnerability for personal gain, helping children to cross borders, only to sell them into slavery and forced prostitution. It is unconscionable that we are not adequately defending children from these predators.”

A migrant gestures from behind the bars of a cell at a detention centre in Libya, Tuesday 31 January. Credit: UNICEF/Romenzi

A migrant gestures from behind the bars of a cell at a detention centre in Libya, Tuesday 31 January. Credit: UNICEF/Romenzi

First and foremost, children need protection, the UN agency reminded, while highlighting the importance of the Convention on the Rights of the Child, through which State Parties commit to respect and ensure the rights of “each child within their jurisdiction, without discrimination of any kind.”

One of World’s Deadliest Routes for Children

Few weeks earlier, a senior UNICEF official called the routes from sub-Saharan Africa into Libya and across the sea to Europe one of the “world’s deadliest and most dangerous for children and women,” as the UN agency informed that nearly half of the women and children interviewed after making the voyage were raped.

On this, its report A Deadly Journey for Children: The Central Mediterranean Migrant Route, warned that “refugee and migrant children and women are routinely suffering sexual violence, exploitation, abuse and detention along the Central Mediterranean migration route from North Africa to Italy,”

At the time of the report, which was issued end of February, 256,000 migrants were recorded in Libya, including about 54,000 included women and children. “This is a low count with actual numbers at least three times higher.”

The UN agency believes that at least 181,000 people –including more than 25,800 unaccompanied children –used smugglers in 2016 to try to reach Italy. “At the most dangerous portion– from southern Libya to Sicily – one in every 40 people is killed.”

Raped, Exploited, Left in Debt

Here, Afshan Khan, UNICEF Regional Director and Special Coordinator for the Refugee and Migrant Crisis in Europe, said that the Central Mediterranean from North Africa to Europe is among the world’s deadliest and most dangerous migrant routes for children and women. “The route is mostly controlled by smugglers, traffickers and other people seeking to prey upon desperate children and women who are simply seeking refuge or a better life.”

An abandoned farmhouse with a mattress used by prostitutes in Palermo. “I missed ever being a child,” says [NAME CHANGED] Mary, who was helped by a lawyer after she was trafficked to Italy, aged 17. Credit: © UNICEF/UN062791/Gilbertson VII Photo

An abandoned farmhouse with a mattress used by prostitutes in Palermo. “I missed ever being a child,” says [NAME CHANGED] Mary, who was helped by a lawyer after she was trafficked to Italy, aged 17. Credit: © UNICEF/UN062791/Gilbertson VII Photo

“Nearly half the women and children interviewed had experienced sexual abuse during migration – often multiple times and in multiple locations,” with “widespread and systematic” sexual violence at crossings and checkpoints.

“In addition, about three-quarters of all the children interviewed said that they had “experienced violence, harassment or aggression at the hands of adults” including beatings, verbal and emotional abuse.”

In Western Libya, women were often held in detention centres were they reported “harsh conditions, such as poor nutrition and sanitation, significant overcrowding and a lack of access to health care and legal assistance,” the UN Children Fund informed.

What the Most Powerful Should – and Can Do

Included in the report is a six-point agenda calling for “safe and legal pathways and safeguards to protect migrating children.” UNICEF urged the European Union to adopt this agenda ahead of the Summit of the G7 (the group of the 7 most powerful countries) in Taormina, Italy, on 26-27 May.

The six-point agenda stresses the need to protect child refugees and migrants, particularly unaccompanied children, from exploitation and violence; to end the detention of children seeking refugee status or migrating by introducing a range of practical alternatives, and to keep families together as the best way to protect children and give children legal status.

It recommends, as well, to keep all refugee and migrant children learning and give them access to health and other quality services; to press for action on the underlying causes of large scale movements of refugees and migrants; and to promote measures to combat xenophobia, discrimination and marginalization in countries of transit and destination.

Such commitments would obviously be easy to take and implement by the G7 governments. The point is: will the political leaders of the world’s richest countries consider, seriously, this inhuman tragedy?

Are they aware that the number of children left alone has been soaring? UNICEF –which they created to assist millions of European refugee children, victims of their Wold War II– has just reported that 92 per cent of children who arrived to Italy by sea in 2016 were unaccompanied, up from 75 per cent in 2015.

Do these mandatories know that 75 per cent of children who arrived in Italy—the very same country hosting their Summit—have reported experiences such as being held against their will or being forced to work without pay?

Let alone the case of hundreds of children who are abducted to sell their organs, to be recruited by terrorist organisations as child soldiers, or are exploited in harsh “modern” slavery work.

Will these political leaders mostly talk big finance and big business–including the 20 May US-Saudi Arabia weapons deal amounting to 110 billion dollars? Who knows…they might also have some spare time to read US president Donald Trump’s latest tweets.

National Lipid Association Releases Updated Recommendations on the Use of PCSK9 Inhibitors at the 15th Annual Scientific Session

PHILADELPHIA, PA—(Marketwired – May 19, 2017) – The National Lipid Association (NLA) assembled a panel of experts to update its guidance for the use of proprotein convertase subtilisin/kexin type 9 (PCSK9) antibody therapy made in the NLA Recommendations for Patient–Centered Management of Dyslipidemia: Part 2 in 2015.

According to the expert panel, “Recent studies have demonstrated the efficacy of [PCSK9 inhibitors] in reducing LDL cholesterol and non–HDL cholesterol and have confirmed their excellent safety profile.”

The expert panel was chaired by Carl Orringer, MD, FNLA, past president of the NLA and associate professor of medicine at the University of Miami School of Medicine, and Terry Jacobson, MD, FNLA, past president of the NLA, professor of medicine, and Director of the Office of Health Promotion and Disease Prevention at Emory University.

The expert panel provided the following recommendations on behalf of the NLA:

 
2017 Recommendations of the NLA Expert Panel on Treatment with PCSK9 Inhibitors
ASCVD
1. PCSK9 inhibitor therapy should be considered for ASCVD risk reduction in patients with stable atherosclerotic cardiovascular disease, particularly in those with additional ASCVD risk factors, on maximally–tolerated statin therapy ± ezetimibe, with on–treatment LDL–C ≥70 mg/dL or non–HDL–C ≥100 mg/dL. Strength A, Quality: High
2. PCSK9 inhibitor therapy may be considered to further reduce LDL–C in patients with progressive atherosclerotic cardiovascular disease on maximally tolerated–statin therapy ± ezetimibe, and on–treatment LDL–C ≥70 mg/dL or non–HDL–C ≥100 mg/dL. Strength B, Quality: Moderate
Phenotypic FH/LDL–C ≥ 190 mg/dL
3a. PCSK9 inhibitor therapy may be considered to further reduce LDL–C in patients age 40–79 years with phenotypic FH, pre–treatment LDL–C ≥ 190 mg/dL, no uncontrolled ASCVD risk factors or other key additional high risk markers*, and on–treatment LDL–C ≥ 100 mg/dL or non–HDL–C ≥ 130 mg/dL on maximal–tolerated statin therapy ± ezetimibe. Strength B, Quality: Moderate
3b. PCSK9 inhibitor therapy may be considered to further reduce LDL–C in patients age 40–79 years with phenotypic FH, pre–treatment LDL–C ≥ 190 mg/dL and the presence of either uncontrolled ASCVD risk factors, key additional high risk markers*, or genetic confirmation of familial hypercholesterolemia, and on–treatment LDL–C ≥ 70 mg/dL or non–HDL–C ≥ 100 mg/dL on maximal–tolerated statin ± ezetimibe. Strength: B, Quality: Moderate
3c. PCSK9 inhibitor therapy may be considered to further reduce LDL–C in patients age 18–39 years with phenotypic FH, pre–treatment LDL–C ≥ 190 mg/dL and the presence of either uncontrolled ASCVD risk factors, key additional high risk markers*, or genetic confirmation of familial hypercholesterolemia, and on–treatment LDL–C ≥ 100 mg/dL or non–HDL–C ≥ 130 mg/dL on maximal–tolerated statin ± ezetimibe. Strength: E, Quality: Low
3d. PCSK9 inhibitor therapy may be considered to further reduce LDL–C in patients with homozygous familial hypercholesterolemia, either of unknown genotype, or those known to be LDL receptor defective, on maximal–tolerated statin therapy ± ezetimibe with LDL–C ≥ 70 mg/dL or non–HDL–C ≥ 100 mg/dL. Strength B, Quality: Moderate
Very High Risk/Statin Intolerance
4. PCSK9 inhibitor therapy may be considered to further reduce LDL–C in selected very high–risk patients who meet the definition of statin intolerance (as previously defined by the NLA Statin Expert Panel) and who require substantial additional atherogenic cholesterol lowering, despite the use of other lipid lowering therapies. Strength C, Quality: Low
* Including history of uncontrolled high blood pressure, diabetes, current cigarette smoking or family history of premature ASCVD; or additional high risk markers (coronary calcium ≥ 300 Agatston units [or ≥ 75th percentile for the patient's age, gender and ethnicity]; Lp(a) ≥ 50 mg/dL using an isoform insensitive assay, hs–CRP ≥ 2 mg/L or CKD including albumin/creatinine ratio ≥ 30 mg/g)

The other authors on the manuscript are Joseph J. Saseen, PharmD, FNLA, Alan S. Brown, MD, FNLA, Antonio M. Gotto, MD, FNLA, Joyce L. Ross, MSN, CRNP, FNLA, and James A. Underberg, MD, FNLA.

“The National Lipid Association PCSK9 recommendation update provides a comprehensive overview of this class of medication with evidence–based and expert recommendations that allow practitioners to translate the data into high quality patient care,” said Orringer, Jacobson and Underberg in a joint statement.

The update is published online in the Journal of Clinical Lipidology.

ABOUT THE NATIONAL LIPID ASSOCIATION
The NLA is a multidisciplinary specialty society focused on prevention of cardiovascular disease and other lipid–related disorders. The NLA's mission is to enhance the practice of lipid management in clinical medicine, and one of its goals is to enhance efforts to reduce death and disability related to disorders of lipid metabolism in patients. Members include physicians (MDs and DOs), as well as clinical team affiliates, from an array of disciplines including PhD researchers, nurses, nurse practitioners, physician assistants, pharmacists, exercise physiologists, and dietitians. For more information, visit lipid.org.

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New York City Awards Multi-Year Contract to Envision Solar to Purchase EV ARC(TM) Solar Powered EV Chargers

SAN DIEGO, CA—(Marketwired – May 18, 2017) – Envision Solar International, Inc. (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading renewably energized EV charging, outdoor media and energy security products company, announced that New York City has issued a three–year contract to purchase the Company's EV ARC™ products. The contract has a posted initial value of $3.8M and an optional one year renewal at the end of the three–year term.

New York City has announced that its first order will be for at least thirty EV ARC™ units in 2017, making it the largest single order of EV ARC™ products in the Company's history. The first units purchased through this contract were delivered last week (May 10th) and were featured at the City's 29th Annual Fleet Show at the Unisphere in Flushing Meadows. The EV ARC™ units charged EVs and supplied the event's power needs before being relocated to their permanent locations at the World's Fair Marina and Thomas Edison High School in Queens.

New York has also ordered the Company's unique ARC Mobility™ transportation system, which allows a single operator to pick up and move an EV ARC™ anywhere within a 1500–mile radius.

The EV ARC™ units will be deployed across the five boroughs and will deliver solar powered EV charging to the City's fleet of electric vehicles.

Using Envision's solar powered EV ARC™ products enables New York City to continue to execute on Mayor de Blasio's NYC Clean Fleet initiative. Fleet vehicles which charge from the EV ARC™ are 100% emissions free, which is not always the case with grid powered EV chargers.

The EV ARC™ product is also immune to grid interruptions, such as those experienced during hurricanes or terrorist or nefarious nation–state actions. New York's use of the solar powered chargers will ensure that fleet vehicles remain in service during grid failures. The EV ARC™ model selected by the City is capable of folding down during a hurricane. It continues to generate, store and deliver electricity in its low–profile hurricane configuration.

Each EV ARC™ is also equipped with an emergency power (E–Power) panel, which allows first responders and other vital personnel to use the EV ARC™ as an emergency generator during disasters or other grid outages.

New York City will avoid utility costs through the use of EV ARC™ solar powered EV chargers. The fact that they double as emergency generators which need not be stored, fueled or maintained will generate further economic benefits.

The disaster preparedness and resiliency capabilities offered by the EV ARC™ are unique within the EV charging industry and were a significant consideration in New York City's selection process.

“New York City is one of the world's most recognizable brands,” said Desmond Wheatley, CEO of Envision Solar. “Amongst all the available choices they have selected our American made, secure, solar powered EV charging station showing that the world's greatest city can drive on sunshine and save lives with our solar powered energy storage units.”

Invented and manufactured in California, the EV ARC™ fits inside a parking space and does not reduce available parking in any way. It generates enough clean, solar electricity to power up to 225 miles of EV driving each day. The energy is stored in the EV ARC™ product's energy storage for charging day or night or for use by first responders or others during grid outages. Because the EV ARC™ product requires no trenching, foundations or installation work of any kind it is deployed in minutes and can be moved to a new location with ease. EV ARC™ products are manufactured in the Company's San Diego facility by combat veterans, the disabled, minorities and other highly talented, mission driven team members.

About Envision Solar International, Inc.

Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company whose unique and patented products include the EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar tracking, SunCharge™ solar Electric Vehicle Charging, ARC™ technology energy storage and EnvisionMedia solar advertising displays.

Based in San Diego, the company produces Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information, visit www.envisionsolar.com or call (866) 746–0514.

Forward–Looking Statements

This Press Release may contain forward–looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

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Solar Alliance Targets Massachusetts as First New Market Under Crius Solar Origination Agreement

VANCOUVER, BC—(Marketwired – May 18, 2017) – Solar Alliance Energy Inc. ('Solar Alliance') or (the 'Company') (TSX VENTURE: SAN) (OTC: SAENF) is pleased to provide further information regarding the Solar Origination Agreement (the “Agreement”) with Crius Solar, LLC (“Crius Solar”), an affiliate of Crius Energy, LLC. Solar Alliance will be targeting eastern Massachusetts for sales team expansion under the Agreement and the Company expects to have a sales team in place this summer.

Each new market will consist of a sales team that is capable of driving residential solar system sales representing approximately US$12,000,000 in top line revenue annually. The implementation period for a new sales team is expected to be approximately three months. The Company is also assessing potential acquisitions of local sales and marketing companies that will help achieve our targets.

“The expansion plan being pursued with Crius Solar is in line with our current model of utilizing external installation partners instead of being vertically integrated,” said Solar Alliance Chairman and CEO Jason Bak. “Solar Alliance's core competency is sales and marketing. Partnering with Crius Solar allows us to maintain our high margins and reduce overhead costs associated with the installation process. We believe this model allows for aggressive growth while maintaining fiscal responsibility. We are excited to expand into the Massachusetts market which is driven by high electricity costs, net metering and a renewable portfolio standard with a solar goal along with an accompanying SREC market.”

The Company is taking a responsible approach to expansion through this partnership with Crius Solar as it allows Solar Alliance to focus on sales and marketing and rely on Crius Solar for permitting and installation fulfillment. This low risk, low cost growth model fits perfectly with our corporate belief that growth in the solar industry must be done in a profitable manner without over–reliance on the public markets to fund expansion. Expansion into New York, New Jersey, Connecticut and Rhode Island will occur after the Massachusetts operation is up and running.

The northeast U.S. expansion plan represents a new revenue stream that is accretive to Solar Alliance's current organic and acquisition model that includes the following key elements:

  • Organic growth of the San Diego sales team to take advantage of the strongest solar market in the United States.
  • Organic growth of the Northern Los Angeles and Orange County sales teams, whose recent addition tripled the size of the Solar Alliance team.
  • Managing the installation of the 156 residential solar projects recently acquired in Los Angeles. The Company estimates the pipeline of acquired projects will generate approximately US $2,800,000 in gross revenue and up to US $1,585,000 in accretive gross profit.
  • Commercial/industrial sales division that has been building a pipeline of potential projects totaling several megawatts.

Solar Alliance is actively recruiting sales leaders in Massachusetts. Interested solar professionals should contact the company at jobs[at]solaralliance.com.

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.”