Oak Ridge Energy Technologies Secures $3 million Subscription Agreement
Filing Services Canada - Fri Sep 12, 8:07AM CDT
Oak Ridge Energy Technologies Secures $3 million Subscription Agreement Melbourne, Florida (FSCwire) - Oak Ridge Energy Technologies, Inc. (OTC: OKME), a cutting-edge technological leader in solid-state battery systems, today announces the completion of a $3 million Subscription Agreement (the Agreement). Precept Fund Management SPC entered into the Agreement for and on behalf of Prescient Fund Segregated Portfolio (Prescient Fund), our principal shareholder, and Prescient Fund will receive 15 million shares of the Company's common stock under the Agreement. We are pleased to complete our financing, said Mark Meriwether, Oak Ridge Energy Technologies Vice President. This funding provides resources to grow and deliver new solutions to our clients as we continue to develop our state of the art batteries and battery systems. The investment funds will be used to significantly expand our sales and marketing efforts, as well as broaden and accelerate our product development. FORWARD-LOOKING STATEMENT This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: anticipate, believe, continue, could, estimate, expect, intend, may, ongoing, plan, potential, predict, project, should, will, would, or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov (http://www.sec.gov). Press Contacts: Ben Jackson ir@oakridgeenergytech.com 213.674.6700 To view this press release as a PDF file, click onto the following link: http://fscwire.com/sites/default/files/news_r...112014.pdf Source: Oak Ridge Energy Technologies (OTCQB:OKME) http://www.oakridgemicro.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
Leclanche SA and Oak Ridge Energy Technologies Inc., Announce Discussions Regarding a Strategic Alliance and Technology Exchange Agreement
Business Wire - Wed Mar 05, 8:00AM CST
Oak Ridge Energy Technologies, Inc. (OKME) announces that it has entered into discussions with Leclanche (LECN.SW) regarding a strategic alliance and technology exchange agreement, with a view to expanding the technical capabilities and product lines of both companies.
Anil Srivastava Joins Oak Ridge Energy Technologies' Board of Directors
Business Wire - Fri Feb 28, 10:44AM CST
Oak Ridge Energy Technologies, Inc. (OTC: OKME) today announced Anil Srivastava's election to Oak Ridge Energy Technologies' Board of Directors, increasing the size of the Board of Directors from four to five.
Oak Ridge Energy Technologies Announces Formation of Business Advisory Committee
Business Wire - Thu Feb 27, 3:00PM CST
Oak Ridge Energy Technologies, Inc. (OTCQB: OKME) today announced the formation of its Business Advisory Committee (BAC). The BAC will bring together internationally recognized experts from the energy industry, the public sector, and academia in these key areas of this industry: energy storage, finance and executive management. The BAC will provide practical guidance, insight and validation on the strategic plans and priority business development areas of the company.
Armin Weiland Joins Board of Directors of Oak Ridge Energy Technologies
Business Wire - Thu Feb 20, 5:23PM CST
Oak Ridge Energy Technologies (OTCQB: OKME) today announced Armin Weiland's election to Oak Ridge Energy Technologies' Board of Directors. Mr. Weiland has been actively involved in the fields of energy and renewable energy investment, and in the energy storage sector for approximately a decade.
Oak Ridge Energy Technologies, Inc. Elects Stephen J. Barber as Chief Executive Officer (CEO)
Business Wire - Tue Jan 21, 3:00PM CST
Oak Ridge Energy Technologies, Inc. (OTCQB: OKME): On December 24, 2013, Stephen J. Barber was elected as Chief Executive Officer of Oak Ridge Energy Technologies, Inc. following Jeffrey J. Flood's resignation from all positions at Oak Ridge Energy. Mr. Flood was formerly the Chief Executive Officer and a Director of Oak Ridge Energy.
Oak Ridge Micro-Energy, Inc. Signs Leading Global Battery Technologist as CTO
Business Wire - Wed Aug 14, 2:40PM CDT
Oak Ridge Micro-Energy, Inc. (OTC.BB: OKME) announces the signing of leading global battery technologist Craig R. Nelson as Chief Technology Officer.
Revitalised Battery Company Oak Ridge Micro-Energy Completes $2.5 Million Private Placement by Global Fund with Revenues Expected in Q4 2013
Business Wire - Wed Jul 10, 10:53AM CDT
Oak Ridge Micro-Energy, Inc. (OTCBB: OKME) announces a strategic US $2.5 million investment by Precept Fund Management SPC's on behalf of Prescient Fund SP into the revitalised US battery company Oak Ridge Micro-Energy (OKME).