Thermal Energy International Retains Oak Hill Financial to Provide Investor Relations Services | 2021-10-27 | Press Releases

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(The press wire)

OTTAWA, ONTARIO – The press wireOctober 27, 2021 –– Thermal Energy International Inc. (“Thermal energy”Or the“ Company & CloseCurlyDoubleQuote;) (TSXV:TMG)(OTC:TMGEF), a provider of unique energy and carbon emission reduction solutions for large global corporations, is pleased to announce that it has retained the services of Oak Hill Financial Inc. (“Oak Hill & CloseCurlyDoubleQuote;) to provide investor relations services to the Company in accordance with regulatory guidelines. All figures are in Canadian dollars.

Oak Hill is a leading investor and financial advisory firm specializing in small cap companies. Based in Toronto, his team has marketed corporate issuers with market capitalizations ranging from $ 10M to $ 2B in a variety of different sectors to the retail brokerage network and institutional networks. The Oak Hill team has extensive experience in capital markets, equity research, institutional equity sales and traditional investor relations, resulting in tailored and highly effective solutions.

Oak Hill will receive $ 18,000 for a trial period until December 17, 2021. The objective of the advisory services is to create and identify new investors of Thermal Energy International enabling the Company to build and maintain a larger and better informed investor audience.

“With increasingly ambitious greenhouse gas emission reduction targets and a large-scale reduction focused on 2030, now is the time to invest, as we continue to deliver large-scale projects for our sector. expanding global customer base. Working with Oak Hill, we can deliver a focused and insightful investor relations program to a broad group of thermal energy and ESG investors. ” noted William crossland, CEO of Thermal Energy International.

Oak Hill currently has no direct or indirect interest in the securities of Thermal Energy International, nor any right or intention to acquire such interest.

Oak Hill’s appointment as an investor relations consultant to Thermal Energy International remains subject to the approval of the TSX Venture Exchange.

Readers are encouraged to subscribe to TEI News to receive strategic news and updates straight to their inbox.

Ends

For media inquiries, contact:

International Thermal Energy Inc.

Canada: 613-723-6776

United Kingdom: +44 (0) 117 917 217

[email protected]

For investor inquiries:

International Thermal Energy Inc.

613-723-6776

[email protected]



Notes to editors


About Thermal Energy International Inc.

Thermal Energy International Inc., ranked among Canada’s largest growing companies in 2021, 2020 and 2019, is an established global provider of proprietary and proven energy efficiency and emission reduction solutions for industrial and institutional sectors. We save our customers money and improve their bottom line by reducing fuel consumption and carbon emissions. Our clients include many Fortune 500 companies and other leading multinational companies across a wide range of industry sectors.

Thermal Energy is a fully accredited professional engineering company, and by providing a unique blend of proprietary products along with expertise in process, energy and environmental engineering, we can deliver unique turnkey projects. with significant financial and environmental benefits for our customers.

Exclusive Thermal Energy products include: GEMâ„¢ – Steam traps, FLU® – Condensation heat recovery by direct contact, THERMAL SPONGE – Indirect contact condensing heat recovery systems, and SEC-REXâ„¢ – Low temperature biomass drying systems.

Thermal Energy has engineering offices in Ottawa, Canada, Pittsburgh, USA, as well as Bristol, UK, with sales offices in Canada, UK, USA, Germany, Poland and Italy . TEI ‘common shares trade on the TSX Venture Exchange (TSX-V) under the symbol TMGand the OTCQB® Venture Market (“OTCQB & CloseCurlyDoubleQuote;) in the United States operated by OTC Markets Group Inc., under the symbol TMGEF.

For more information, visit our website at www.thermalenergy.com and follow us on Twitter at twitter.com/GoThermalEnergy.

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Forward-looking statements


This press release contains forward-looking statements relating, among other things, to the expectations, estimates and projections of the management of CloseCurlyQuote, the anticipated effectiveness of the products and services of the Company and the timing of revenues to be received by the Company. For example, information about the expected benefits to Thermal Energy International and its investors from the Oak Hill commitment are forward-looking statements. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions.

Many factors, some of which are beyond the control of the Company, could cause events and results to differ materially from those shown. The Company disclaims any obligation to publicly update or revise such statements, except as required by law.

Neither the 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.

Copyright (c) 2021 TheNewswire – All rights reserved.



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