Stardust Solar Energy Retains Market Making and Investor Relations Services

In This Article:

Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - Stardust Solar Energy Inc. (TSXV: SUN) ("Stardust" or the "Company") is pleased to announce that it has retained Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture Exchange policies. Additionally, the Company has entered into a capital markets advisory agreement with BoxTop Integrated Communications ("BoxTop") to enhance its investor relations efforts.

Market-Making Agreement

ITG will trade Stardust's securities on the TSX Venture Exchange to maintain an orderly market. In consideration for ITG's services, Stardust Solar will pay a monthly fee of $5,500 starting in October 2024. The agreement has an initial minimum term of one month and is renewable for successive one-month terms thereafter. Either party may terminate the agreement by providing 20 days written notice before the end of the current term.

ITG and Stardust are unrelated and unaffiliated entities, with ITG having no direct or indirect interest in the Company or its securities. ITG will not receive shares or options as compensation and has no immediate plans to acquire securities in Stardust. The capital used for market making will be provided solely by ITG.

Investor Relations Agreement

Stardust is also pleased to announce the engagement of BoxTop Integrated Communications to provide investor relations services. Under the terms of the three-month agreement, commencing on October 1, 2024, BoxTop will assist the Company in developing an investor communications plan, preparing investor materials, drafting news releases, and organizing roadshows and conference calls.

In consideration for these services, the Company will pay BoxTop $8,000 per month and reimburse BoxTop for any pre-approved expenses. The engagement is part of Stardust's commitment to expanding its presence in capital markets and enhancing communication with current and prospective investors.

About Stardust Solar Energy Inc.

Stardust Solar Energy Inc. is a North American franchisor of renewable energy installation services. Through its franchise network, the company provides solar panel installations, energy storage systems, and electric vehicle supply equipment. As Canada's largest solar training provider, Stardust supports its franchisees with comprehensive training, products, and ongoing business management services.

For further information or media requests, please contact:

Mark Tadros
Chief Executive Officer, Chairman and Director