SHARC Energy Strengthens Board of Directors with Appointments of Kevin Hydes and Shane Dungey
Rhea-AI Summary
SHARC Energy (OTCQB: INTWF) announced on January 13, 2026 the appointments of Kevin Hydes and Shane Dungey to its Board of Directors. Hydes brings over two decades of sustainable building and systems engineering experience, is a LEED Fellow, founder of Integral Group, and has chaired major green building organizations. Dungey brings more than 20 years of global capital markets experience and prior public board service. Management says the additions strengthen governance and support SHARC Energy’s mission to scale Wastewater Energy Transfer technology across buildings, communities, and district energy systems.
Positive
- Kevin Hydes added — LEED Fellow with 20+ years in sustainable building systems
- Shane Dungey added — 20+ years of global capital markets and corporate strategy experience
- Board expertise aligns with WET commercialization and global scaling
- Governance strengthened with leaders who have senior public-board and policy experience
Negative
- No financial guidance or quantified timelines disclosed for commercial impact
- No operational commitments (contracts or revenue targets) tied to the appointments
News Market Reaction – INTWF
On the day this news was published, INTWF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”), a world leader in Wastewater Energy Transfer (“WET”), is pleased to announce the appointments of Kevin Hydes and Shane Dungey to its Board of Directors, further strengthening the Company’s governance with deep expertise in sustainable design, capital markets, and strategic growth.
Kevin Hydes is a globally recognized leader in sustainable building design and systems engineering, bringing over two decades of experience advancing high-performance, low-carbon buildings and communities. A LEED Fellow, Mr. Hydes has been at the forefront of some of the world’s most progressive sustainability initiatives, including LEED Platinum and net-zero projects. He is the founder of Integral Group, a globally respected deep-green engineering firm, and has held senior leadership roles at Stantec and Keen Engineering.
Mr. Hydes’s influence extends beyond practice into policy and education. He has served as Chair of the Board for both the U.S. Green Building Council and the World Green Building Council, was a Co-Founder and Director of the Canada Green Building Council and has advised governments and institutions globally on sustainable building standards and codes. His expertise in holistic building systems, energy efficiency, and decarbonization aligns directly with SHARC Energy’s mission to transform how thermal energy is recovered and reused in the built environment.
Shane Dungey brings more than 20 years of experience in global capital markets, spanning institutional asset management, sales and trading, business development, and corporate and capital markets strategy. Having worked across both the buy-side and sell-side, Mr. Dungey offers deep insight into navigating complex financial markets, executing high-value transactions, and advising companies on growth strategy and market positioning.
Mr. Dungey has held senior roles at corporates, institutional investment firms, and brokerage houses, where he specialized in strategic initiatives and corporate development. In addition to his professional experience, Mr. Dungey has served on the Board of Directors of several publicly listed companies and currently serves as a Director on the Board of Lupus Canada, a national charity dedicated to improving the lives of those affected by lupus.
Michael Albertson, President and CEO of SHARC Energy, commented:
“We are thrilled to welcome Kevin Hydes and Shane Dungey to our Board of Directors. Kevin’s unparalleled leadership in sustainable building systems and global green building policy, combined with Shane’s deep capital markets and corporate strategy expertise, significantly strengthens our Board as we continue to scale SHARC Energy globally. Their collective experience will be instrumental as we advance the adoption of Wastewater Energy Transfer technology across buildings, communities, and district energy systems.”
The appointments of Kevin Hydes and Shane Dungey underscore SHARC Energy’s continued commitment to building a Board with diverse, world-class expertise to support long-term growth, innovation, and shareholder value creation
About SHARC Energy
SHARC International Systems Inc. is a world leader in energy transfer with the wastewater we send down the drain every day. SHARC Energy's systems exchange thermal energy with wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.
SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.
Learn more about SHARC Energy: Website | Customers | LinkedIn | YouTube | PIRANHA | SHARC
ON BEHALF OF THE BOARD
Fred Andriano
Chairman
| For investor inquiries, please contact: | For media inquiries, please contact: |
| Hanspaul Pannu | John Louis Fahie |
| Chief Financial & Operating Officer | Marketing |
| SHARC Energy | SHARC Energy |
| Telephone: (604) 475-7710 ext. 4 | Telephone: 604.475.7710 Ext.109 |
| Email: hanspaul.pannu@sharcenergy.com | Email: johnlouis.fahie@sharcenergy.com |
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy’s actual results could differ materially from those anticipated in this forward-looking information because of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation.
FAQ
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