お知らせ • Aug 25
Brookmount Explorations Inc. (OTCPK:BMXI) cancelled the acquisition of an unknown minority stake in Principal Solar, Inc. (OTCPK:PSWW). Brookmount Explorations Inc. (OTCPK:BMXI) executed a Memorandum of Understanding to acquire an unknown minority stake in Principal Solar, Inc. (OTCPK:PSWW) on May 22, 2025. Under the terms of the MoU, Brookmount will initially acquire, for cash and shares, a controlling interest in Principal Solar. Following this acquisition, Brookmount's North American asset portfolio, comprising three gold development properties in the Tintina Gold Belt, will be acquired by Principal Solar. At the conclusion of the transaction, it is anticipated that Brookmount shareholders will retain an 80% interest and Principal Solar shareholders a 20% interest in the consolidated group. As on June 16, 2025, Brookmount and Principal Solar leadership have approved the transaction.
Brookmount Explorations Inc. (OTCPK:BMXI) cancelled the acquisition of an unknown minority stake in Principal Solar, Inc. (OTCPK:PSWW) on August 25, 2025. お知らせ • Jun 13
Principal Solar, Inc. (OTCPK:PSWW) acquired an unknown controlling working interest in Minerva-Rockdale Leases, Wells, and Assets from Winchester Oil & Gas LLC. Principal Solar, Inc. (OTCPK:PSWW) executed a Letter of Intent to acquire an unknown controlling working interest in Minerva-Rockdale Leases, Wells, and Assets from Winchester Oil & Gas LLC on March 15, 2023. Principal plans to fund the acquisition via a combination of restricted stock and the assumption of some debt, and under the terms of the LOI, the Company has the right of first refusal to purchase the energy assets accumulated from Winchester and/or its joint venture partners.Principal Solar, Inc. (OTCPK:PSWW) completed the acquisition of an unknown controlling working interest in Minerva-Rockdale Leases, Wells, and Assets from Winchester Oil & Gas LLC on June 12, 2023. New Risk • Jun 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 111% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (111% increase in shares outstanding). Revenue is less than US$1m (US$5.0k revenue). Market cap is less than US$10m (US$6.91m market cap). お知らせ • Sep 24
Principal Solar, Inc. Provides Status Update of eTruck Transportation’s Class 6 EV Conversion Technology Principal Solar, Inc. announced that eTruck Transportation (“eTruck”) is on schedule with the development and planned availability of its class 6 hybrid heavy electric vehicle demonstration vehicles, both of which are planned for the fourth quarter of 2021. eTruck's heavy vehicle EV conversion technology is engineered to enable transportation and logistics companies of all sizes to cost-effectively transition their existing fleets from diesel to high performance hybrid electric fleets without waiting for major truck manufacturers to engineer completely new platforms. eTruck’s proprietary system lowers operational costs, reduces fuel consumption and emissions, thus enabling diesel fleets to transition towards electric power, without sacrificing performance, range, or utility.