SolarBank Receives Final Approval to List on Cboe Canada

Press Release

Feb. 13, 2024

Toronto, Ontario, February 13, 2024 — SolarBank Corporation (CSE: SUNN; OTC: SUUNF; FSE: GY2) (“SolarBank” or the “Company”) is pleased to announce that the Cboe Canada stock exchange (“Cboe Canada”) has granted final approval of the Company’s listing application and that the common shares of the Company (the “Shares”) will be listed and available for trading on Cboe Canada at the start of trading on February 14, 2024. The Company’s existing trading symbol “SUNN” will remain unchanged as a result of the listing. The Shares will be delisted from the Canadian Securities Exchange at the close of market on February 13, 2024.

“It has been less than a year since SolarBank initially completed its IPO and during this period the company has undergone substantial growth. Today’s migration of our listing to the senior Cboe Canada exchange is yet another significant milestone,” explained Dr. Richard Lu, President and CEO of SolarBank. “Cboe’s global platform and investor reach were major considerations in our decision to uplist on Cboe Canada. There are big things ahead in 2024 and beyond as SolarBank continues to execute on its over 1 GWp pipeline of solar energy and battery storage projects.”

Launched in 2015 as the NEO Exchange, and acquired by Cboe Global Markets in 2022, Cboe Canada is the third most active marketplace in Canada, consistently representing close to 15% of all volume traded in Canadian-listed securities. Cboe Canada offers a marketplace that is home to over 260 unique public listings, including public companies, Exchange Traded Funds (ETFs), Canadian Depositary Receipts™ (CDRs), Special Purpose Acquisition Companies (SPACs), and Closed-End Funds (CEFs). Cboe Canada-listed securities market data is available to all investors in real-time. Cboe’s equities markets are among the most liquid in the world. In North America, Cboe’s U.S. and Canadian equities trading venues handle over $67 billion combined in average daily notional value (ADNV).

About SolarBank Corporation

SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading solar markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clear energy projects with a combined capacity of over 70 megawatts built. To learn more about SolarBank, please visit www.solarbankcorp.com.

For further information, please contact:

SolarBank Corporation
Tracy Zheng
Email: tracy.zheng@solarbankcorp.com
Phone: 416.494.9559

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