GrindStone Capital Services, Ltd.

??#SUUN:NASDAQ / #SUNN:Cboe, Solarbank Announces RECORD EARNINGS?? ?108% Increase In Revenues ?1099% Increase In Cashflow (not a typo) ?361% Increase In Assets ?400% Increase In EBITDA ?$4M/Q In NEW Recurring revenues ??Link To Full PR https://lnkd.in/gamCGhx3 ??www.solarbankcorp.com #solar #elonmusk #esg #earnings

??#SUUN:NASDAQ / #SUNN:Cboe, Solarbank Announces RECORD EARNINGS?? ?108% Increase In Revenues ?1099% Increase In Cashflow (not a typo) ?361% Increase In Assets ?400% Increase In EBITDA ?$4M/Q In NEW Recurring revenues ??Link To Full PR https://lnkd.in/gamCGhx3 ??www.solarbankcorp.com #solar #elonmusk #esg #earnings

??UNPAID Research Report By Top Analyst At Brokerage Firm In Canada, Research Capital, On SolarBank Corp, #SUUN:NASDAQ / #SUNN:Cboe?? ?RATING & TARGET PRICE Rating "BUY" ?Price $3.96 Price Target $7.40 USD ?Market Cap ($M) $159.00 ?Projected Return 86.9% ??www.solarbankcorp.com #solar #esg #esginvesting

??#SUUN:NASDAQ / #SUNN:Cboe SolarBank Corporation Announces Participation in the LD Micro Main Event XVII?? ?Toronto, Ontario--(Newsfile Corp. - October 21, 2024) -?SolarBank Corporation?(Cboe CA: SUNN) (NASDAQ: SUUN), an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA, announced today that it will be presenting at the 17th annual Main Event on Tuesday, October 29th at 4:00 PM PT at the Luxe Sunset Boulevard Hotel. Dr. Richard Lu, CEO, will be representing the company. ?Chris Lahiji, Founder of LD Micro, shared, "We understand the significance of this event for our industry and the enthusiasm it generates among attendees. We're grateful to the leaders at our parent company, Freedom, for their strong alignment with our vision. Our conference is more than just meetings and presentations—it's about laying the groundwork for the future and establishing it as the essential event in small and micro-cap that no one can miss. I'm truly honored to welcome our valued friends and partners to the seventeenth edition of the Main Event." Event:?LD Micro Main Event XVII Date:?Tuesday, October 29th Time:?4:00 PM PT ??www.solarbankcorp.com #solar #esg #renewableenergy

??SolarBank News, #SUUN:NASDAQ / #SUNN:Cboe 13.8-Megawatt Solar Project in Development by SolarBank in Pennsylvania?? TORONTO, Oct. 8, 2024 ??24.8 MW of Projects Expected in the Near Term ??1,630 Homes Expected to be Powered by this Project ??SolarBank's First Community Solar Project in Pennsylvania ?TORONTO, Oct. 8, 2024 /CNW/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is excited to announce its plans to develop a 13.8 MW DC ground-mount solar power project known as the Grandview project (the "Project") on a site located in Lancaster County, Pennsylvania. The Project is part of a three-project plan totalling 24.8 MW DC. ?The proposed community solar project – which would be one of the first of its kind in Pennsylvania – would provide residents, including renters and those without suitable rooftops, with the opportunity to benefit from solar energy without the need to install panels on their own properties. ?On March 26, 2024, the Pennsylvania House passed House Bill 1842, a bill enabling the potential development of community solar projects in the state, paving the way for companies like SolarBank to expand into the region and provide clean energy to residents of various income levels. The bill is currently under review by the Senate. ?"Community solar is a great way for everyone to access renewable energy," stated SolarBank CEO, Dr. Richard Lu, "Community members can go solar and contribute to building a sustainable future without having to install their own panels. We are excited for the next steps in developing the Grandview project, which would be a significant milestone in SolarBank's community solar portfolio, in addition to being a part of Pennsylvania's historic move toward a cleaner future." ?The Company has secured a lease over the Project site and will continue to work to complete the next steps in permitting, interconnection and securing the necessary financing for construction of the Project. The development of the Project as a community solar project will be subject to the final approval of House Bill 1842 by the State government of Pennsylvania. ?The clean energy generated by a community solar project feeds directly into the local electricity grid. Depending on the size and number of panels the project has, dozens or even hundreds of renters and homeowners can earn credits on their electric bill and save money from the electricity that is generated by the project. SolarBank's strategic focus on community solar aligns with its goal of powering thousands of homes with clean and affordable energy......... ??www.solarbankcorp.com

#SUUN:NASDAQ / #SUNN:Cboe SolarBank Announces Fiscal 2023/2024 Year End Results ?217% increase in revenues to $58.4 million compared to $18.4 million in fiscal year 2023 ?Fiscal Year Highlights (All Amounts are for the Twelve Month Period ended June 30, 2024) ?217% increase in revenue to $58.4 million of revenue compared to $18.4 million in 2023; ?255% increase in cash flow from operating activities to $8.5 million compared to $2.4 million in 2023; Adjusted EBITDA(1) of $0.5 million compared to $(2.5) million for 2023; Net loss of $3.6 million, or ($0.13) per basic share, compared to net income of $2.2 million, or $0.11 per basic share in in 2023. The net loss includes major items below: Expense of $4.1 million for investor relations activities principally associated with the Cboe Canada Exchange and Nasdaq Global Market listing completed during the year; Expense of $0.7 million listing fees associated with the Cboe Canada Exchange and Nasdaq Global Market listing completed during the year, which is non-recurring; Expense of $1.9 million in professional fees that were higher due to M&A transactions, in particular the acquisition of Solar Flow-Through Funds Ltd. that closed shortly after year-end; and Impairment loss of $4.1 million related to acquisition and investment the company closed during the year, which is non-recurring; and The Company qualified for listing and commenced trading on the Nasdaq Global Market under the symbol "SUUN". "We reported?a year of significant growth for SolarBank in fiscal 2024, starting with a?tripling of?revenues over the prior fiscal year," stated Dr. Richard Lu, SolarBank Corporation Chief Executive Officer. "While the Company was not profitable at year-end, there were certain expenses that were at levels that are higher than usual and the non-recurring impairment loss. With the closing of the acquisition of Solar Flow-Through Funds Ltd., valued at $45 million, the Company has significantly expanded its IPP portfolio and it has several projects under development to continue its growth plans." "With a current operational capacity of 32 MWdc and a development pipeline of approximately 1 GW, including 100 MWdc in the advanced development stage expected to begin construction by 2025/2026, the Company is well-positioned to capitalize on the accelerating global energy transition," concluded Dr. Lu

??#SolarBank Corp. #SUUN:NASDAQ / #SUNN:Cboe Announces Year End Financial Results TODAY at 4pm ET.?? ?In 11+ Years In Business SolarBank Has Been PROFITABLE! ?Profits Have Risen Exponentially Since Going Public March 2023! ?Today's Results Could Be A New Profit Record! ??www.SolarBankCorp.com #esg #solar #10K

??#SolarBank Corp. #SUUN:NASDAQ / #SUNN:Cboe Announces Year End Financial Results TODAY at 4pm ET.?? ?In 11+ Years In Business SolarBank Has Been PROFITABLE! ?Profits Have Risen Exponentially Since Going Public March 2023! ?Today's Results Could Be A New Profit Record! ??www.SolarBankCorp.com #esg #solar #10K

??SolarBank, #SUUN:NASDAQ / #SUNN:CBOE - 4th "STRONG BUY" In 4 Days ??TradingView Projects 116% Rise Over Next 12 Months to $13.70/Share ??Year End Financials Out Sept 30th #esg #solar #renewableenergy

SolarBank, #SUUN:NASDAQ / #SUNN:CBOE, Rates STRONG BUY With 100%+ Price Increase Forecast!