Hillcrest's ZVS Technology Gains Traction in New Applications, Fuels Growth
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), is making significant strides in advancing its ZVS (Zero Voltage Switching) technology, heralding a new era in power conversion solutions. The company's recent endeavors underscore its commitment to innovation and expansion into diverse applications, propelling it toward commercial success. One notable achievement is the ongoing testing of Hillcrest's ZVS...
2024-04-25 8:30 AM EDT
Hillcrest Announces Closing of Second Tranche of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), is pleased to announce that, further to its news releases dated January 31, 2024 and February 9, 2024, the Company has closed the second tranche of its non-brokered private placement in the amount of 3,582,000 units of the Company (the "Units") at a price of $0.25 per Unit for gross proceeds of $895,500 (the "Second Tranche"). The...
2024-04-16 5:25 PM EDT
Hillcrest Engages with Powertech Labs for Grid Inverter Testing and Provides Additional Shareholder Updates
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is pleased to announce that the Company has entered into a collaboration agreement with Powertech Labs Inc. ("Powertech Labs"). Powertech Labs is a 100%-owned subsidiary of BC Hydro, is based in Surrey, British Columbia, and has more than 200 employees. Under this agreement,...
2024-04-10 8:30 AM EDT
Hillcrest Achieves Major Milestone: In-Water Traction Inverter Demonstration with Hercules Electric Mobility
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, proudly announces the successful completion of the first in-vehicle demonstration of the Company's Zero Voltage Switching (ZVS) traction inverter. The demonstration took place in a Hercules Electric Mobility powered E-boat on Orchard Lake, which is located approximately 27...
2024-03-19 8:30 AM EDT
Hillcrest's ZVS Technology to Elevate Efficiency and Performance of Grid-Connected Power Applications
Vancouver, British Columbia--(Newsfile Corp. - March 7, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is redefining the power inverter landscape with its Zero Voltage Switching (ZVS) technology platform. This cutting-edge solution introduces the material elimination of switching losses and the ability to deploy higher switching frequencies without the common drawbacks...
2024-03-07 8:30 AM EST
Hillcrest Achieves Breakthrough in EMC Chamber Testing with European Automotive OEM
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company redefining power conversion technologies, is pleased to confirm the successful completion of electromagnetic compatibility (EMC) chamber testing with a European automotive OEM. Testing was completed at an external certified lab selected by the European OEM with results suggesting Hillcrest's Zero Voltage Switching (ZVS)...
2024-03-04 8:30 AM EST
Dan Mathieson Joins Hillcrest as Strategic Advisor
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company redefining power conversion technologies, is pleased to announce the addition of Dan Mathieson as a strategic advisor to the Company. Mr. Mathieson will work with the Company's executive team to deliver new business expansion opportunities both domestically and internationally.
2024-02-27 8:30 AM EST
Hillcrest Announces Closing of First Tranche of Non-Brokered Private Placement and Provides Additional Updates
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company") is pleased to announce that, further to its news release dated January 31, 2024, the Company has closed the first tranche of its non-brokered private placement in the amount of 2,530,000 units of the Company (the "Units") at a price of $0.25 per Unit for gross proceeds of $632,000 (the "First Tranche"). The total placement size,...
2024-02-09 8:30 AM EST
Hillcrest Unveils New Revenue Opportunity with ZVS-Enabled Power Modules for High-Efficiency Inverters
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) is pleased to announce a significant milestone for its ZVS-enabled power modules, positioning the Company to take advantage of a potential new revenue stream. Hillcrest 350kW | 1,000V ZVS-enabled power module (approximate dimensions: 86mm x 71mm)
2024-02-01 8:30 AM EST
Hillcrest Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (FSE: 7HI) ("Hillcrest" or the "Company"), announces a non-brokered private placement of up to an aggregate of 8,000,000 units of the Company (a "Unit") at a price of $0.25 per Unit for aggregate gross proceeds of up to $2,000,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (each, a...
2024-01-31 6:01 PM EST
Hillcrest Powers Ahead in 2024
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) is excited to share an update on key activities and milestones. "After achieving significant breakthroughs in technology launches and securing multiple commercial engagements in 2023, our primary focuses in 2024 are to further amplify our customer engagements and secure commercial commitments," says Hillcrest's Chief Executive Officer, Don Currie. Commercial...
2024-01-30 8:30 AM EST
Hillcrest Secures $5M Equity Facility
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company") is pleased to announce it has secured a $5 million equity drawdown facility (the "Equity Facility") from a third-party investor. Pursuant to the Equity Facility, the Company shall pay the investor a commitment fee equal to 2.5% of the total capital of the Company committed, payable in cash or common shares in the capital of the...
2024-01-17 8:30 AM EST
Hillcrest Extends Warrant Incentive Program and Provides Additional Shareholder Updates
Vancouver, British Columbia--(Newsfile Corp. - January 3, 2024) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company redefining power conversion technologies, is pleased to announce the extension of its previously announced Warrant Incentive Program and provides additional updates on recent activities and accomplishments. Extension of Previously Announced Warrant Incentive Program The Company is pleased to...
2024-01-03 8:30 AM EST
Hillcrest Announces $5M Equity Facility, Warrant Incentive Program and Provides Update on Non-brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), is pleased to announce the intent to enter into a $5 million equity facility and provides additional financing updates. The Company further announces that it has negotiated a $5,000,000 equity drawdown facility (the "Equity Facility") with a third-party investor, pursuant to which the Company may request draw downs and which in...
2023-12-19 5:30 PM EST
Hillcrest Announces Appointment of Daryn Gordon as CFO and Provides Additional Shareholder Updates
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company redefining power conversion technologies, is pleased to welcome Daryn Gordon as the Company's new Chief Financial Officer (CFO). Mr. Gordon is a Chartered Professional Accountant (CPA, CA) with more than two decades of finance and accounting experience. He started his career working for...
2023-12-05 8:30 AM EST
Hillcrest Begins Testing Grid-Tied Inverter
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company redefining power conversion technologies, is pleased to announce that pr
2023-12-04 8:30 AM EST
Hillcrest Provides Shareholder Update
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2023) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company redefining power conversion technologies, is pleased to provide an update for shareholders on recent activities and accomplishments. Commercial Engagements Hillcrest continues to advance demonstration testing programs and
2023-11-21 4:30 PM EST
Hillcrest to Present at Transpacific Investment Summit
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2023) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company redefining power conversion technologies, is pleased to announce participation in an invitation-only investor conference in Perth, Australia. Hillcrest Chief Executive Officer, Don Currie, will present via live-feed at the first-ever Transatlantic Investment Summit to be held in Perth,...
2023-11-06 8:30 AM EST
Hillcrest Returns to the United Kingdom and Provides Additional Shareholder Updates
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2023) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company"), an innovative clean technology company redefining power conversion technologies, is pleased to provide an update of recent activities. Hillcrest Returns to United Kingdom Last month, members of Hillcrest's team, including CEO, Don Currie, Strategic Advisor, Dan Coker and CCO, James Bolen, completed a successful tour of the...
2023-10-16 8:30 AM EDT
Hillcrest Announces Closing of First Tranche of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2023) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) ("Hillcrest" or the "Company") is pleased to announce that, further to its news release dated September 26, 2023, the Company has closed the first tranche of its non-brokered private placement in the amount of 4,350,000 units of the Company (the "Units") at a price of $0.40 per Unit for gross proceeds of $1,740,000 (the "First Tranche"). The total placement...
2023-10-04 7:14 PM EDT