{"id":388892,"date":"2020-11-26T08:03:16","date_gmt":"2020-11-26T13:03:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388892"},"modified":"2020-11-26T08:03:16","modified_gmt":"2020-11-26T13:03:16","slug":"sharc-energy-joins-canadian-trade-mission-to-promote-its-wastewater-energy-recovery-technology-in-brazil","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sharc-energy-joins-canadian-trade-mission-to-promote-its-wastewater-energy-recovery-technology-in-brazil\/","title":{"rendered":"SHARC Energy Joins Canadian Trade Mission to Promote Its Wastewater Energy-Recovery Technology in Brazil"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Nov.  26, 2020  (GLOBE NEWSWIRE) &#8212; <strong>SHARC International Systems Inc. (CSE:SHRC) (FSE:IWIA) (OTCQB:INTWF) (the \u201cCompany\u201d or \u201cSHARC Energy\u201d)<\/strong> is participating in a virtual trade mission focused on selling its wastewater technology in Brazil\u2019s public and private sectors.<\/p>\n<p align=\"justify\">Hosted by Global Affairs Canada\u2019s Trade Commissioner Service based out of the Consulate General of Canada in S\u00e3o Paulo, Brazil, the virtual trade mission commenced on November 16 and provided a briefing session for the Canadian delegation and a B2B matchmaking program with Brazilian companies and organizations in the public and private sector focused on water and wastewater treatment.<\/p>\n<p align=\"justify\">The purpose of the trade mission is to connect Canadian companies with a target of 8 meetings with various businesses and organizations that cover expertise in engineering, wastewater and water infrastructure, manufacturer representation, manufacturing, market strategy and government initiatives. These meetings are intended to begin the foundation of strong relationships that will not only benefit the Company in the Brazilian market but potentially other markets as some of these businesses or organizations are multi-national.<\/p>\n<p align=\"justify\">This program is a business development initiative of SHARC Energy that is not the focus of the sales team and manufacturer representative network. Their focus remains on the market penetration of the PIRANHA system in North America. This virtual trade mission is the beginning of a potential long-term market opportunity as Brazil continues to invest in water and wastewater infrastructure and energy efficiency over the next decade. Initial conversations have related to pilot projects, market strategy and synergies between organizations.<\/p>\n<p align=\"justify\">The Company continues to engage with the Trade Commissioner Service of Global Affairs Canada and will continue to leverage these services and future opportunities and the support provided by the government in order to bring SHARC Energy technology and products to new global markets. Entering new markets with the Trade Commissioner Service allows SHARC Energy to develop new markets in a low cost and efficient manner while building visibility within the Government of Canada.<\/p>\n<p align=\"justify\">\u201cThis is another element of SHARC Energy\u2019s global commercialization strategy,\u201d said Hanspaul Pannu, SHARC Energy\u2019s Chief Financial Officer. \u201cWith its new focus on investing in clean technologies to improve its municipal water, wastewater and energy infrastructure, Brazil presents a major market for SHARC Energy\u2019s wastewater energy recovery technology, which recovers the thermal energy from the water that goes down the drain, reducing the need for other energy sources to heat and cool buildings, in turn reducing GHG emissions.\u201d<\/p>\n<p align=\"justify\">Brazil is opening up to foreign wastewater technology companies to improve its wastewater infrastructure. \u201cIn July 2020, the Brazilian parliament approved a new legal framework for the sector that promises to change the game and revert the decade\u2019s long gap in investment,\u201d reports <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=a49MG2GaAEGvPfJ8ZTe8zS8KZgqAJOd6Ln5Jh4LXjf2XVDjhi26O-AZO9iXAUkHI-XDMEzyvaUuE_816MqSZ_l4UvRIwEIOVd8cj6fT1g1600W7B6hT0jW0w8cNBjszsZLokIvIwzZBSZub90BT2dRpNHHggFDUM4pkLaYc-d1QZG75oYkeRzbonPOG_eji7CqQ5DGo9fSpOEmvzpAE5MzzR073DOR7Z8V-2B1QZFKQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Switzerland Global Enterprise<\/a>. \u201cMore than half of all wastewater of the country is not properly disposed of.\u201d<\/p>\n<p align=\"justify\">SHARC Energy\u2019s wastewater energy recovery technology \u2014 which recovers the heat from wastewater that is sent down the drain \u2014 is already being used in Canada, the United States, Australia and the United Kingdom. Designed for both individual buildings and district energy systems, SHARC Energy\u2019s technology is highly scalable and is being applied to both new and retrofitted projects.<\/p>\n<p align=\"justify\">SHARC Energy also announced this week it was one of only nine companies selected for the five-month Canadian Technology Accelerator (CTA) program, which will focus on similar business opportunities in Southeast Asia through a series of virtual meetings with ASEAN business leaders in the clean-tech space.<\/p>\n<p align=\"justify\">The Brazil Trade mission is being hosted by Global Affairs Canada\u2019s Trade Commissioner Service, led by the Cleantech Trade Commissioner based out of the Consulate General of Canada in S\u00e3o Paulo, Brazil, in partnership with Ontario\u2019s Ministry of Economic Development, Job Creation and Trade, the Quebec Office in S\u00e3o Paulo, Investissement Quebec International and the Chamber of Commerce Brazil-Canada (CCBC). Brazil\u2019s Ministry of Environment is among the public entities participating in the B2B matchmaking program.<\/p>\n<p align=\"justify\">Brazilian companies that are engaged in the trade mission include but are not limited to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7yEXUPW09PjLatVYFM4-4u1opKn6YZVdWw4TQkCqopWJC3pSdrypz7S53CxNhMgfcAFzNsEB_vv9ygiwiT3iWQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Engemon<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9tSVQ4Ke4xlRjibAweCJl_uwp1Xy4B4SfpBmLnDbtRq0SlRPEha07k8Mblq_wjMyFZrZMFRU5KExnVUVW686P54u6cRu4S7oYUdC2iBYtiqIcNBM3gYm2QT7YZQVwlv8\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Armstrong Fluid Technology<\/a>, the largest state-run water and sanitation company, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=p-cmzTlkj5EG0mlk0viN8b61CovCAyg3Yc07UfiDhn-edjiV0jL2uyJZjZWjVlhCTALBETCDnJhYc6iKQ5VofSJTIi6J9jSTSCRbRB3czSw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Sab<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Y9gPs7csJZYaucgKXmkZSmSpsjrhNKi9kpo8-OOqUovTe-wk57LGf2GQamYf4Uig5UgY7eG4YU3hzjmFk3_loEUc13a8VbN909GjRG92ZFQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">es<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VfHm5JORpOpaVJ1M1IBC9oZ205Kg5wBmH9UHKuBMfPeiVRA6ro5e24qkkoc-Fbbc3OEF2FZlTvArqZhLLat6FWoGZM_PUg9BM7fnVwpTYm0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">p<\/a>, the largest private water and sanitation company, Brookfield-owned <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=f3vTQanG0mnEJLBbChIkT8Qv3ep62z1Mw3IME_KKqIAn5oHUCYe3y5CkbduSGhG_P5awoylHB8DtF-JUtKi2HonydjURQeE2JfykOGxBJ5o=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">BRK Ambiental<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-081EDCZleY0kQZQRIh5xrPh8nY-InLkDpkVldfEzlMZpK3YcMTH-eIkIbYnp4Fh\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">RRS<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MyDxxcxPZ1WJNpYAeXWJStSPV5DX31AY6Rw6OfBRpl5B7FT3mNfAkHZn_NYQSeCfxI6VhsS2l3LpElim7NQeQQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"> Servi\u00e7os<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About SHARC <\/strong><br \/>\n        <strong>Energy<\/strong><br \/>\n        <br \/>SHARC International Systems Inc. is a world leader in wastewater energy recovery. SHARC systems recycle thermal energy from wastewater, generating one of the most energy efficient and economical systems for heating, cooling and hot water production for commercial, residential and industrial buildings, reducing their energy costs and carbon footprint. SHARC Energy is publicly traded in Canada (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jVcXCRK9iCFTv4F1B5z_7QdVTibhU3Jg1l3AdasMix8Ql8wuh5HoQLep4ZfMPrUuITApx53WuoSFh5UlFqUWIAqnkYgs4O9yyQUFQDyG53Y16xeRVA3Ek83QyOTn6_pqeMCZalsrkCbkXC_AFue6dw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">CSE: SHRC<\/a>), the United States (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jE9C8z6XNee4q6nCYXllU6tJMdS4MOi-dl4LxW_ZI3GVPhXSHmTv71RTRVQ7hYxjC5MwgoxWIqJvO8jgxA894M54qVXK-laB-TYE0bzkn1g=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">OTCQB: INTWF<\/a>) and Germany (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jRUBZiTsVdlS_JrPrf4MFL9oWlRVBktiqof-7brrFUGCP89VCWRfG1s8-3TCSYDYv7RpL8xmhhfobGKIZtDsGkd-TgQRZYGEF50SGwffeX8T4AC-THBK2U--o_JjGYTW1v7HvZppRBPBmZy4PjrMyQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Frankfurt: IWIA<\/a>).<\/p>\n<p align=\"justify\">Further information about the Company is available on our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9ZPfnGDElVZ9BPAgYlptDwSh5D6RalhtV5NQ_XyI9Xa2Wl96e1XmgceDXJvqRHBW450eUzsGocvtaI9GCQ4k_Ln92Z4Og0kLvMNeaRDPJoQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.SHARCenergy.com<\/a> or SEDAR at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qfmTfhNJU35CAsQjwmukZ7c8HUX50dAfuLSePpmYMb5XzUly7PaPA61h9XTc93-mg8CS1BQpp3lre9n33MuRYw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sedar.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>ON BEHALF OF THE BOARD<\/strong><br \/>\n        <br \/>\n        <u>\u201cLynn Mueller\u201d<\/u><br \/>\n        <br \/>Chairman and Chief Executive Officer<\/p>\n<p align=\"justify\">\n        <strong>For <\/strong><br \/>\n        <strong>investor inquiries<\/strong><br \/>\n        <strong>, please contact:<\/strong><br \/>\n        <br \/>Jason Shepherd<br \/>Investor Relations<br \/>SHARC Energy<br \/>Telephone: (250) 212-2122<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fjO07rbVuMnIVn8cUxeYlJP_POvJDiDq1OfJ5_o_V4AeOE_sPnAHC-WFgc6ykWCo4qjd7d-zEpwZL2QAkrs4oStPKpGC_0q1WnZTswQgOjgq5TAdk-BMDVXsRc1nMQdu\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">jason.shepherd@sharcenergy.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>For media inquiries, please contact:<\/strong><br \/>\n        <br \/>Mike Tanyi\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>Director of Marketing and IT\u00a0<br \/>SHARC Energy<br \/>Telephone: (250)\u00a0212-2122\u00a0<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_52zYTSTCC0OoPLBQV4rInxm4R84UquYnT33QVBlva2-MZK7eZi5cEWVUK1RJpgMn9UH_yPuj-r4Sfm3bc1YMnu1STcPE-eRjyExfAS0FB8vRQzmbgqdpIGKJYuwhkJE\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>mike.tanyi@sharcenergy.com<\/u><\/a>\u00a0\u00a0<\/p>\n<p align=\"justify\">\n        <em>The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Forward-Looking Statements<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as \u201canticipate\u201d, \u201cplan\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201cintend\u201d, \u201cshould\u201d, 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<\/em><br \/>\n        <em> Energy\u2019<\/em><br \/>\n        <em>s actual results could differ materially from those anticipated in this forward-looking information as a result 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<\/em><br \/>\n        <em> Energy<\/em><br \/>\n        <em> 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\u2019s 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.<\/em>\n      <\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MjUzMSMzODQ0Nzk3IzIwOTM4NTk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/aa1cc7a0-ecbb-40ec-919a-c4a73aca17d7\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Nov. 26, 2020 (GLOBE NEWSWIRE) &#8212; SHARC International Systems Inc. (CSE:SHRC) (FSE:IWIA) (OTCQB:INTWF) (the \u201cCompany\u201d or \u201cSHARC Energy\u201d) is participating in a virtual trade mission focused on selling its wastewater technology in Brazil\u2019s public and private sectors. Hosted by Global Affairs Canada\u2019s Trade Commissioner Service based out of the Consulate General of Canada in S\u00e3o Paulo, Brazil, the virtual trade mission commenced on November 16 and provided a briefing session for the Canadian delegation and a B2B matchmaking program with Brazilian companies and organizations in the public and private sector focused on water and wastewater treatment. The purpose of the trade mission is to connect Canadian companies with a target of 8 meetings with various businesses and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sharc-energy-joins-canadian-trade-mission-to-promote-its-wastewater-energy-recovery-technology-in-brazil\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHARC Energy Joins Canadian Trade Mission to Promote Its Wastewater Energy-Recovery Technology in Brazil&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388892","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHARC Energy Joins Canadian Trade Mission to Promote Its Wastewater Energy-Recovery Technology in Brazil - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sharc-energy-joins-canadian-trade-mission-to-promote-its-wastewater-energy-recovery-technology-in-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHARC Energy Joins Canadian Trade Mission to Promote Its Wastewater Energy-Recovery Technology in Brazil - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Nov. 26, 2020 (GLOBE NEWSWIRE) &#8212; SHARC International Systems Inc. (CSE:SHRC) (FSE:IWIA) (OTCQB:INTWF) (the \u201cCompany\u201d or \u201cSHARC Energy\u201d) is participating in a virtual trade mission focused on selling its wastewater technology in Brazil\u2019s public and private sectors. Hosted by Global Affairs Canada\u2019s Trade Commissioner Service based out of the Consulate General of Canada in S\u00e3o Paulo, Brazil, the virtual trade mission commenced on November 16 and provided a briefing session for the Canadian delegation and a B2B matchmaking program with Brazilian companies and organizations in the public and private sector focused on water and wastewater treatment. 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