UGE Completes Shares for Debt Transaction for Consulting Services

Toronto, Ontario Sep 5, 2018 (Issuewire.com)  - 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 Company’s 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 www.ugei.com.

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Media Contact

UGE International Ltd. media@ugei.com 416.789.4655 20 Victoria Street, 7th FloorToronto, ON http://www.ugei.com
Categories : Energy , Investment
Tags : UGE
Stock Ticker : TSXV: UGE, OTCQB: UGEIF

UGE International Ltd.

media@ugei.com
56 Temperance Street, 7th Floor Toronto, ON
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M5C 2N8
416.789.4655
http://www.ugei.com
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