MondayMar 09, 2020 12:19 pm

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Closes Second Financing Round, Enters Strategic Partnership to Expand Internationally

Exro has closed its second financing round, raising more than $4 million through private placement The company enters partnership with Finnish snowmobile producer to expand globally Successful financing rounds, international partnerships, inexhaustible market make XRO compelling high-growth investment opportunity Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF), a Canadian technology company that develops intelligent energy-management systems designed to improve the performance and longevity of batteries, electric motors, and generators, has closed the second and final tranche of its oversubscribed, non-brokered private placement. The company raised $4,299,590 through the issuance of 12,284,545 common shares at a price of $0.35 per share (http://ibn.fm/2eDYb). During…

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ThursdayMar 05, 2020 10:31 am

QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) to be Profiled on Business TV-News in US, Canada

Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced that its technology to improve the performance of the world's electric motors will be profiled on Business TV-News, first airing this weekend in Canada on the BNN Bloomberg network. According to the update, Exro's CEO Sue Ozdemir will appear and provide an overview of the company’s technology to dramatically improve the speed, torque and energy efficiency of electric motors. The broadcast will air in Canada on Saturday, March 7, and in the U.S. on March 15. “Our objective is to tell investors, manufacturers and the public around the world about our remarkable…

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WednesdayMar 04, 2020 10:19 am

QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) to Present at the 2020 LD Micro Virtual Conference

Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced it will be presenting at the third annual LD Micro Virtual Conference at 2:40 PM EST on Wednesday, March 4. Exro's CEO Sue Ozdemir will give the presentation and answer questions from investors. Exro's technology platform uses new power electronics design and advanced control algorithms to expand the operating parameters of electric motors and dramatically enhance electric powertrains, increasing efficiency, speed and power, while reducing component size. “We believe Exro will have a dramatic and positive impact on the world's electric motors, unlocking more of the potential within them to make electric…

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TuesdayMar 03, 2020 10:11 am

QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) to Present White Paper on Groundbreaking Technology at Car Training Institute Symposium

Exro Technologies (CSE: XRO) (OTCQB: EXROF) this morning announced that the company has been invited to present a white paper titled, ‘The Coil Switching Inverter - A Step Change in Powertrain Design’, to the Car Training Institute (“CTI”), the world's leading summit on advances in automotive transmission, hybrid and electric drive technologies. Exro Chief Technology Officer Ari Berger will be presenting a thorough outline of the company's pioneering technology, which significantly improves the performance and output of electric motors and powertrains, at the CTI USA Symposium, which will be held in Novi, Michigan from May 11 to 14, 2020. “We…

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MondayMar 02, 2020 2:03 pm

Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) is “One to Watch”

Corporate vision represents a multibillion opportunity for Exro’s energy management system solutions, aimed at accelerating the worldwide adoption of electric and renewable power systems Target global market size includes 63 billion bikes and scooters, 55 billion electric vehicles, and 14 billion e-recreational vehicles such as snowmobiles, boats and ATVs Global market growth in the electric motor sectors will continue as the demand for low-impact, zero-emission vehicles accelerates. The projected growth in EV sales is 40% CAGR to 2030. At that time estimated sales of EVs will be 60M units per year with a 50% share of total units sold. Exro’s…

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