UGE Completes Shares for Debt Transaction for Consulting Services

(Isstories Editorial):- Toronto, Sep 5, 2018 ( – UGE International Ltd. (the Company or UGE) (TSX VENTURE: UGE), a leader in renewable energy solutions for the commercial and industrial sector, announces that it has completed a shares for debt transaction with an unnamed consultant. The consulting agreement provided for certain introductions and client referrals in the Companys US and Philippines market through the time period of May 15 to August 14, 2018.  The contract was for CAD$50,000 which has been settled through the issuance of 200,000 shares in UGE at a deemed issuance price of $0.25 per share.

About UGE

UGE delivers immediate savings to businesses through the low cost of solar energy. We help commercial and industrial clients become more competitive by providing distributed renewable energy solutions at no upfront cost, generating long-term economic and environmental returns. With over 370 MW of global experience, we work daily to power a more sustainable world. Visit us at

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UGE International Ltd.
20 Victoria Street, 7th FloorToronto, ON
UGE International Ltd.
UGE brings solar projects to life by developing, building, and financing the full lifecycle of solar PV systems for commercial and industrial clients. With a track record of successfully executing more than 600 projects, UGE is a North American leader in this industry. UGE grew more than 200% in 2017 as it builds on its early-mover advantage, and sees the industry growing rapidly for many years to come as the low cost of solar opens new opportunities for the company.
20 Victoria Street, 7th Floor
Toronto, ON

M5C 2N8

Source :UGE International Ltd.

This Press Release was originally published by IssueWire. Read the original article here.