Exro Develops and Validates First Electric Gearbox
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2019) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) is pleased to announce that it has developed its "Electric Gearbox" technology, which is derived from Exro's Dynamic Power Management (DPM) System. The Electric Gearbox brings material value to many applications, and was recently reviewed and validated by an independent qualified company ELEN-MECH Consulting Inc.ELEN-MECH was founded by Constantin Pitis (the reviewer), who was...
2019-02-14 1:28 PM EST
Exro Technologies and Potencia Industrial Advance Collaborative Work
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) and Potencia Industrial S.A., a global manufacturing company based in Mexico City ("the Companies"), have initiated phase one of their collaboration on taxi motor conversions pursuant to the news release issued May 7, 2018.The Companies have identified that the intelligent control systems that Exro is bringing to the collaboration can be integrated into the battery pack that...
2018-12-03 9:00 AM EST
Exro Technologies Inc. Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2018) - Exro Technology Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro") CEO Mark Godsy provides Corporate Update.Dear Fellow Shareholders,The past few months have brought many exciting developments for our company, and we continue to progress previously-announced collaborations to expand Exro's value proposition and integrate our technology in motor, battery and generator systems. With several significant projects and initiatives underway,...
2018-11-14 8:30 AM EST
Exro Completes Acquisition of Adaptive and Advances Technology
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro") announced today that further to the Company's news release issued August 29, 2018, it has completed the acquisition of Adaptive Generators AS ("Adaptive"). Combining the resources, knowledge and technologies of both companies expands our value proposition as Exro nears commercialization of its unique approach to energy conversion. Further, the intellectual property...
2018-09-25 8:30 AM EDT
Exro Technologies Inc. Acquires Adaptive Generators AS
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro") announced today the acquisition of Adaptive Generators AS, ("Adaptive") a privately-owned Norwegian company that has developed a patented technology for use in programmable, fault-tolerant generators, motors and battery systems. This technology is bi-directional for use in standalone or combined motor-generator-battery-grid applications and has the potential to enhance...
2018-08-29 5:14 PM EDT
Exro Announces 2018 AGM Results
Vancouver, British Columbia--(Newsfile Corp. - August 17, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company") is pleased to report that shareholders voted in favour of all resolutions brought forth at the Company's annual general meeting of shareholders (the "Meeting") held on Thursday, August 16, 2018 in Vancouver, British Columbia.At the Meeting 27.27% of shares on record were voted. Resolutions proposed and approved at the Meeting included:Mark Godsy,...
2018-08-17 4:30 PM EDT
Exro Closes Second Tranche of Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company"), is pleased to announce the closing of a second and final tranche of a non-brokered private placement (the "Private Placement") of 1,040,000 common shares at a price of $0.25 per share, representing proceeds raised in the second tranche of the Private Placement of $260,000. The aggregate gross proceeds raised in both tranches of the Private Placement...
2018-07-30 6:44 PM EDT
Exro Closes Oversubscribed Private Placement for $1.8 Million
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2018) - Exro Technologies Inc. (CSE: XRO) ("Exro" or the "Company"), is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds of $1,842,500 (the "Offering"). Under the Offering, the Company issued 7,370,000 common shares at a price of $0.25 per share, representing an oversubscription of 1,370,000 common shares. Due to high demand, the Company expects to close an additional tranche...
2018-07-26 5:41 PM EDT
Exro Arranges $1.5 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2018) - Exro Technologies Inc. (CSE: XRO) ("Exro" or the "Company"), is pleased to announce that it is conducting a non-brokered private placement offering of 6,000,000 common shares (the "Offering") at a price of $0.25 per share for proceed of up to $1,500,000.The Company intends to use the net proceeds of the Offering for development activities related to its previously announced strategic partnerships and general and administrative...
2018-07-24 4:30 PM EDT
Exro Technologies Signs Definitive Agreement with Alumina Partners for $5 Million At-Will Offering Facility
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company") is pleased to announce that it has a entered into a definitive agreement (the "Agreement") with Alumina Partners (Ontario) Ltd. ("Alumina") for a commitment of up to $5,000,000 CDN (five million dollars) in an at-will offering facility (the "Facility").Pursuant to the terms of the Agreement, for a period of twenty four months the Company has the right to...
2018-06-18 8:30 AM EDT
Exro Technologies Announces Increased Focus on Torque/Speed Management for Electric Motors
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company") Exro Technologies is pleased to report that consistent with its recently announced collaboration with Potencia Industrial of Mexico City, it is focusing resources on a new application of its coil switching technology around improved torque/speed performance of electrical motors."The data shows that Exro's coil switching technology improves torque at low...
2018-06-13 10:18 AM EDT
Exro Technologies Inc. and Lithium Werks Announce Collaboration to Improve Lithium Battery Performance Under Variable Conditions
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company") Energy management company Exro Technologies and battery and portable power solutions group Lithium Werks have agreed to collaborate to improve the way batteries are controlled under variable conditions."We will combine our technologies to develop flexible battery voltage input and output solutions for applications ranging from large scale energy storage for...
2018-06-05 8:00 AM EDT
Exro Technologies Inc. Announces Collaboration Agreement with Potencia Industrial of Mexico City
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2018) - Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) ("Exro" or the "Company") is pleased to announce an industrial collaboration agreement with Potencia Industrial, a global manufacturer of high efficiency motors and generators based in Mexico City, Mexico.The agreement provides for a joint development collaboration for three projects with the goal of improving various aspects of motor/generator performance by integrating Exro's...
2018-05-07 8:00 AM EDT
Exro Technologies Inc. Would Like to Update its Shareholders About its Progress, Including Collaboration Initiatives
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2018) - Exro Technologies Inc. (CSE: XRO) (“Exro” or the "Company") Collaborations Exro is continuing work to validate its technology specifically for a collaboration related to an electric generator application for a gas powered drone. Exro’s technical team has designed a test bench and is gathering data relevant to this effort. To date Exro has not reached conclusions with respect to efficiency gains in drone applications. The...
2018-02-28 8:30 AM EST
Hi-tech Executive Monica Harrington Joins Exro Management Team
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2018) - Exro Technologies Inc. (CSE: XRO) ("Exro" or the "Company") is pleased to announce the appointment of Monica Harrington to Exro's executive team filling the role as Chief Marketing Officer ("CMO").Harrington brings a deep background in high tech marketing, business development, and communications and advocacy. She previously was the founding Chief Marketing Officer for Valve, a leading entertainment and digital distribution...
2018-01-08 8:30 AM EST
Exro Collaborates with Fortune 50 Company to Integrate Its DPM Technology for an Unmanned Aerial Vehicle
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2017) - Exro Technologies Inc. (CSE: XRO) ("Exro" or the "Company") is pleased to announce that it has agreed to integrate its proprietary Direct Power Management (DPM) technology into a motor used for a fixed wing Unmanned Aerial Vehicle (UAV). The integration will be for a Fortune 50 company working on UAV technologies for its customers and will be tested and calibrated over a 3-4 month period. The purpose of this project is to...
2017-12-20 4:30 PM EST
Exro Reports No Material Change
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2017) - Exro Technologies Inc. (CSE: XRO) ("Exro" or the "Company"), at the request of IIROC, wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.Exro continues to make progress on the various development initiatives previously described in the Company's continuous disclosure record. The Company will continue to...
2017-11-24 2:55 PM EST