Hillcrest rebrands to reflect growing diversity in energy sector
Hillcrest has announced its rebranding as Hillcrest Energy Technologies, Ltd., choosing an identity more representative of the Company's dedication to transitioning from fossil fuel production to clean tech innovation and IP development. CEO Don Currie also announced the appointment of Kylie Dickson to the Board of Directors of the Company.
"Hillcrest is committed to driving positive innovation on all fronts, and it is important that our brand refresh also carries this message," said Hillcrest Energy Technologies CEO, Don Currie. "Building shareholder value by owning, developing and optimizing clean energy technologies is an absolute priority, but the team is equally focused on creating a sustainable business environment that embraces important industry and societal shifts occurring around the world."
Kylie Dickson joins the Hillcrest's Board with Ms. Dickson expecting to contribute experience and knowledge through participation in areas such as the Audit and Corporate Governance Committees. Ms. Dickson is a Canadian Chartered Professional Accountant who has worked with companies throughout growth lifecycles playing a pivotal role in multiple financings and M&A transactions. Ms. Dickson currently serves on the Board of Fortuna Silver Mines Inc. and Star Royalties Ltd. Prior to this she served as Vice President of Business Development at Equinox Gold Corp. and, before that, VP, Business Development at Trek Mining. Ms. Dickson previously worked as Chief Financial Officer for JDL Gold Corp., Anthem United Inc. and Esperanza Resources, and served as the Corporate Controller of Minefinders Corporation.
"On behalf of the Board, I'm pleased to welcome Kylie to the Hillcrest team," added Currie. "Kylie's industry experience is a great complement to our Board´s capabilities, and her enthusiasm for environmental, social and governance (ESG) matters connects well with upcoming initiatives. ESG efforts and other nonfinancial indicators are key focuses and a reflection of what we promote internally."
The company has announced the acquisition of ANIGO Technologies Inc., an engineering product development company and developer of proven electric machine control software specifically designed for use with electric motors, electric generators and other integrated power systems. Hillcrest will continue to target additional strategic partnerships that can scale quickly and align with Company interests.
The Company has also granted incentive stock options to certain directors, officers, consultants and employees of the Company to purchase up to 10,700,000 common shares in the capital of the Company, pursuant to the share option plan of the Company. The options are exercisable on or before April 8, 2026 at an exercise price of $0.24 per share.