Hypercharge Supplies Prince Rupert Port Authority with Fleet EV Charging & CFO Resignation

Vancouver, British Columbia–(Newsfile Corp. – November 15, 2024) – Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the “Company” or “Hypercharge“), a leading, smart electric vehicle (EV) charging solutions provider and network operator, is pleased to announce it has delivered one DC fast charger and three Level 2 charging stations to the Prince Rupert Port Authority (“PRPA“), in Prince Rupert, British Columbia, in support of PRPA’s electrification of fleet vehicles.

PRPA manages the Port of Prince Rupert, Canada’s northernmost trade gateway on the west coast. The Port of Prince Rupert anchors one of the fastest and most reliable supply chains between North America and Asia, providing vital infrastructure to support shippers and industries as they move their goods and resources to market.

“The Prince Rupert Port Authority’s initiative to electrify its fleet is representative of an important shift for seaports across North America,” said Rory Gattens, Head of Growth & Partnerships, West, at Hypercharge. “As organizations transition to electric fleets, having reliable charging infrastructure becomes mission-critical to ensure vehicles are always operational and ready to meet demand. We’re proud to support PRPA with our advanced fleet charging stations, aligning with their sustainability goals, and commitment to operational excellence.”

Resignation of Chief Financial Officer

The Company also announces that Navraj Dosanjh has resigned as Chief Financial Officer, effective January 10, 2025. The Company has initiated a search for his successor. Mr. Dosanjh has provided invaluable contributions over the past two years and is committed to ensure a smooth transition as he focuses on supporting key priorities. David Bibby, President and CEO, along with the Board, expresses deep gratitude for Mr. Dosanjh’s dedication and wishes him the very best in his future endeavours.

About Hypercharge

Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to offering seamless, simple solutions including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations. Learn more: https://hypercharge.com/.

On behalf of the Company,

Hypercharge Networks Corp.
David Bibby, President & CEO

Contacts

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements regarding the effective date of Mr. Dosanjh’s resignation and future announcements regarding the search and appointment of a successor Chief Financial Officer. Forward-looking statements are often identified by terms such as “may”, “could”, “should”, “anticipate”, “will”, “estimates”, “believes”, “intends”, “expects” and similar expressions which are intended to identify forward-looking statements. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230257