Shadow Marketing Offers to Acquire Solar's D2Fusion.VANCOUVER, British Columbia -- Solar Energy Limited (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SLRE SLRE St. Louis River Estuary SLRE Stirling Laboratory Research Engine SLRE Streamlined Risk Evaluation ) ("Solar") today announced that it has received an offer from Shadow Marketing, Inc. (OTCBB:SDWM SDWM Selective Division Wave Multiplexing (NFOEC) ) ("Shadow") to purchase 100% of the shares of D2Fusion, Inc. ("D2"). D2, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Solar, is focused on developing and delivering low-cost, clean, waste-free, practical nuclear energy applications for use in a wide range of environments from homes to industry. Operations are focused on the engineering and development of practical, solid-state fusion thermal energy devices derived from work sometimes referred to as LENR LENR Low Energy Nuclear Reactions (Low Energy Nuclear Reactions) or CANR CANR College of Agriculture and Natural Resources (Michigan State University) CANR Chemically Assisted Nuclear Reactions CANR Canadian NORAD Region CANR Canadian Association for Nursing Research (Chemically Assisted Nuclear Reactions). These reactions utilize deuterium deuterium (d tēr`ēəm), isotope of hydrogen with mass no. 2. The deuterium nucleus, called a deuteron, contains one proton and one neutron. , a common isotope of hydrogen, which when loaded into solid-state materials produces heat and helium without significant energetic radiation such as neutrons, gammas, and x-rays. Shadow's offer proposes to issue 30 million shares to Solar in exchange for 100% of the shares of D2. The offer is subject both to Solar securing an ongoing management team for D2 and to Shadow demonstrating that it will have $2 million in unfettered working capital available for D2 to complete its 12 month business plan on or before the closing of the transaction. The offer anticipates a five-to-one forward split of Shadow's common stock prior to the closing of the transaction and Solar's nomination of two individual's to Shadow's board of directors. This offer is further subject to the execution of a definitive agreement and obtaining the approval of Solar's Board of Directors, Shadow's Board of Directors, and Shadow's shareholders. The science and news surrounding solid-state fusion and D2Fusion, Inc. can be viewed on the company's website at www.d2fusion.com. Solar is a public company focused on the development of eco-friendly business opportunities; its common shares trade on the OTCBB under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "SLRE." Forward-Looking Statements A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A(b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, and uncertainties related to the development of Solar's business model. The actual results that Solar may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Solar encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Solar's public filings may be viewed at www.sec.gov. |
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