Victory Square Technologies signs binding letter of intent to invest in a renewable energy company

VANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) – Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE: VST) (OTC: VSQTF) (FWB: 6F6), a investors to access a diverse portfolio of next-generation internet companies in key industries including: circular economy, digital health, gaming, blockchain, AR / VR, cybersecurity and fintech, is pleased to announce that it has signed a binding letter of intent (the “Letter of Intent”) on April 23, 2021 to invest (the “Investment”) in the renewable energy company Stardust Solar (“Stardust” ), a leading renewable energy company operating in the United States and Canada.

Founded in 2017, Stardust Solar is a leading renewable energy training provider in Canada, providing CSA / NABCEP approved design and installation training with hands-on experience. Stardust Solar is also one of the first companies in North America to offer a franchise opportunity dedicated to the installation of solar photovoltaic systems.

Highlights on Stardust Solar:

  • Solar network of more than 2000 professionals trained in Canada and the United States (all trained and certified in renewable energies) – source: Stardust’s Financial

  • Recently acquired the Canadian Solar Institute

  • Training course in solar PV installation, installation of EV charger, solar hot water, wind energy and wave energy

  • CSA and NABCEP accredited training for those entering the renewable energy industry.

  • Solar photovoltaic installation franchise model (developed by Dale & Lessmann LLP, a law firm specializing in franchising)

  • Franchise Territories Sold or Reserved: Vancouver GVRD, Kamloops, BC, Victoria, BC, Prince George, BC, Edmonton, AB, Barrie / Muskoka, ON, Halifax, NS and Regina, SK

  • Future proprietary products in development

  • Environmental commitment – 10 trees planted in a country affected by deforestation for each solar panel installed and 25 trees planted for each certified solar student

VST CEO Shafin Diamond Tejani said, “We are very happy to invest in Stardust Solar. This strategic investment aligns with our company’s vision to work with technology and sustainability influencers as we strive to eradicate damage to our environment and create a more sustainable and greener footprint. Tejani continued, “And it’s not just an environmental problem, it’s also an economic opportunity. A good investment in innovation focuses on technologies and companies that have the potential to have a positive impact on the environment, our society, and the world’s ability to create new innovations. “

Investment conditions

Full details of the investment will be disclosed to the public after the investment is completed. Completion of the Investment will be in accordance with the policies of the CSE and is subject to due diligence by the Company, the execution of definitive agreements regarding the Investment, as well as other closing conditions.

The Company also announces the granting of 300,000 incentive stock options to Company consultants at an exercise price of $ 0.80 per share. The options are exercisable for a period of two years.

Visit VictorySquare.com and sign up for the official VST newsletter at www.VictorySquare.com/newsletter.

On behalf of the board of directors

“Shafin Diamond Tejani”
Director and Chief Executive Officer
Victory Square Technologies Inc.
www.victorysquare.com

For more information on Victory Square, please contact:

Investor Relations Contact – Edge Communications Group
Email: [email protected]
Telephone: 604-283-9166

Media Relations Contact – Howard Blank, Director
Email: [email protected]
Telephone: 604-928-6066

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources necessary for rapid growth. The sweet spot of VST is the cutting edge technology that is shaping the 4th Industrial Revolution. Our corporate portfolio consists of over 20 global companies using AI, VR / AR, and blockchain to disrupt industries as diverse as fintech, insurance, healthcare, and gaming.

What we do differently for startups

VST is not your ordinary investor. With real skin in the game, we are committed to ensuring that every business in our portfolio is successful. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We match you with seasoned talent in product, engineering, customer acquisition and more. Then we let you do what you do best: build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.

What we do differently for investors

VST is a publicly traded company headquartered in Vancouver, Canada, and listed on the Canadian Stock Exchange (VST), Frankfurt Stock Exchange (6F6) and OTCQX (VSQTF). For investors, we’re providing early access to the next unicorns before they’re unicorns. Our portfolio represents a unique liquid and secure means for investors to access the latest cutting-edge technologies. Because we focus on rapidly evolving market-ready solutions, we are able to deliver strong and stable returns while exploiting emerging global trends with great benefits. For more information, please visit www.victorysquare.com

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The Canadian Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a stock exchange in 2004, the CSE began operations in 2003 in order to provide a modern and efficient alternative to companies looking to access the markets. Canadian public financiers.

Disclaimer

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to a United States person in the lack of registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, or any sale of the securities, in any jurisdiction where such an offer, solicitation or sale would be illegal. The securities to be offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”), or under United States securities laws, and cannot be offered, sold, directly or indirectly, or delivered in the United States, except in connection with certain transactions exempt from the registration requirements of the US Securities Act and all applicable US securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy such securities in the United States, Canada or any other jurisdiction where such offer, solicitation or sale is illegal.

FORWARD-LOOKING INFORMATION

This press release contains “forward-looking information” within the meaning of applicable securities laws relating to the prospects for the business of Victory Square, including, without limitation, statements relating to future performance, execution. the business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries and other factors beyond our control. These forward-looking statements may, without limitation, be preceded, followed by or include words such as “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” , “Continue”, “Project”, “potential”, “possible”, “contemplate”, “seek”, “objective” or similar expressions, or may use future or conditional verbs such as “may”, “could” , “Will”, “could”, “should” or “would”, or may otherwise be indicated as forward-looking statements by grammatical construction, wording or context. All statements other than statements of historical fact contained in this press release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions upon which this forward-looking information is based are reasonable, they should not be relied upon because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated in these statements. The statements contained in this press release are made as of the date of this press release. Victory Square disclaims any intention or obligation to publicly update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

The Canadian Stock Exchange has neither approved nor disapproved of the contents of this press release and accepts no responsibility for the adequacy or accuracy thereof.


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