In exchange for 20 per cent of the issued and outstanding shares of Stardust, Victory Square Technologies will issue the equivalent of $600,000 shares at $0.89 per share to Stardust according to the following schedule:

• 168,541 shares released 4 months and one day after the closing date;
• 126,404 shares released 5 months after the closing date;
• 126,404 shares released 6 months after the closing date;
• 126,404 shares released 7 months after the closing date; and
• 126,404 shares released 8 months after the closing date.

“We are very excited to be investing in Stardust Solar,” commented Victory Square CEO Shafin Diamond Tejani.

“This strategic investment aligns with our company’s vision of working with technology and sustainability influencers,” he added, “as we endeavour to eradicate damage to our environment and create a more sustainable and eco-friendly footprint.”

Founded in 2017, Stardust Solar is a leader in renewable energy education in Canada, providing design and installation training with hands-on experience.

The company offers training courses in solar PV installation, electric vehicle charger installation, solar hot water, wind energy, and wave energy.

“I am so happy to once again be collaborating with Shafin Diamond Tejani and his team at VST,” said Stardust Solar founder and CEO Mark Tadros.

“Stardust Solar is strategically positioned to grab hold of market share in this $100 billion sector and our strategic alignment with VST will get us to our end goal in record time,” he added.

Victory Square Technologies is a venture accelerator that incubates and finances best-in-class technology entrepreneurs.

Victory Square Technologies (VST) opened trading at $0.66 per share.