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Hypercharge to Supply EV Charging at Qualex-Landmark Development in Coquitlam, BC

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Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) has signed an agreement with Qualex-Landmark Living Inc. to install 20 Level 2 charging stations at Seasons, a new rental community in Coquitlam, British Columbia. The installation is set to be completed in Summer 2024.

Seasons, developed by Qualex-Landmark, consists of 116 rental homes in West Coquitlam. This partnership demonstrates Qualex-Landmark's commitment to sustainable transportation options in their projects. Chris Koch, Head of Growth & Partnerships at Hypercharge, highlighted the company's ability to supply EV charging stations prior to occupancy as a key differentiator.

Jordan Beach, Vice President of Marketing at Qualex-Landmark, emphasized that this collaboration reflects their dedication to innovation and sustainability, enhancing convenience for residents while promoting a greener future.

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Positive

  • Agreement to install 20 Level 2 EV charging stations at a new rental community
  • Partnership with a renowned development group, Qualex-Landmark
  • Potential for future collaborations with Qualex-Landmark on EV charging installations

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News Market Reaction – HCNWF

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+0.56% News Effect

On the day this news was published, HCNWF gained 0.56%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - August 15, 2024) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider and network operator, today announced it has signed an agreement with Qualex-Landmark Living Inc. ("Qualex-Landmark") to install 20 Level 2 charging stations at Seasons, a new rental community in Coquitlam, British Columbia, with installation due to be completed in Summer 2024.

Qualex-Landmark™ is a Vancouver based development group that has been building boutique residences for over 30 years. Its portfolio is defined by quietly iconic residential communities, born out of a highly detailed approach to development. Seasons consists of 116 one-, two-, and three-bedroom rental homes nestled within a burgeoning community in West Coquitlam on Regan Avenue and Emerson Street.

"Qualex-Landmark is recognized as one of British Columbia's most renowned development groups, and this partnership recognizes their commitment to support sustainable transportation options at their projects," said Chris Koch, Head of Growth & Partnerships at Hypercharge. "Our ability to supply Seasons with Hypercharge EV charging stations prior to occupancy sets us apart, and we look forward to continuing to work with Qualex-Landmark on the opportunity for EV charging in their future developments."

"Qualex-Landmark's partnership with Hypercharge reflects our commitment to innovation and sustainability," said Jordan Beach, Vice President of Marketing at Qualex-Landmark. "By integrating Hypercharge's EV charging solutions at Seasons in Coquitlam, we're not only enhancing convenience for our residents but also championing a greener future."

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About Hypercharge

Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to offering seamless, simple solutions including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations. Learn more: https://hypercharge.com/.

On behalf of the Company,

Hypercharge Networks Corp.
David Bibby, President & CEO

Contacts

Investor Relations:
Chris Tyson | Executive Vice President | MZ Group
invest@hypercharge.com | (949) 491-8235

Media Contact:
Kyle Kingsnorth | Head of Marketing | Hypercharge
kyle.kingsnorth@hypercharge.com

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements regarding contractual performance and the expected timing, delivery and installation of EV charging stations. Forward-looking statements are often identified by terms such as "may", "could", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220065

FAQ

How many EV charging stations will Hypercharge install at the Seasons rental community in Coquitlam?

Hypercharge will install 20 Level 2 charging stations at the Seasons rental community in Coquitlam, BC.

When is the installation of EV charging stations at Seasons expected to be completed?

The installation of EV charging stations at Seasons is expected to be completed in Summer 2024.

What is the stock symbol for Hypercharge Networks Corp. on the OTCQB?

The stock symbol for Hypercharge Networks Corp. on the OTCQB is HCNWF.

How many rental homes are in the Seasons development by Qualex-Landmark?

The Seasons development by Qualex-Landmark consists of 116 rental homes in West Coquitlam, BC.
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