Who is the New CFO of Hillcrest Energy? Hillcrest Energy Technologies Ltd.

Who is the New CFO of Hillcrest Energy?

Hillcrest Embraces Financial Evolution: Daryn Gordon Steps in as CFO and Shares Company Milestones

VANCOUVER, BC, December 5, 2023 – Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HI) (“Hillcrest” or the “Company”), an avant-garde clean technology enterprise revolutionizing power conversion technologies, announces the appointment of Daryn Gordon as its new Chief Financial Officer (CFO), alongside significant shareholder updates.

New Financial Leadership

Hillcrest proudly welcomes Daryn Gordon, a seasoned Chartered Professional Accountant (CPA, CA) with over twenty years of extensive finance and accounting expertise, to assume the crucial role of CFO. Gordon commenced his career at global auditing giants Grant Thorton LLP and PriceWaterhouseCoopers LLP (PwC Canada) before dedicating the last fourteen years to providing CFO services across various industries for Canadian public companies.

CEO Don Currie expressed his confidence in Gordon, stating, “We are pleased to have Daryn join our team. His profound experience in the public and capital markets will undoubtedly augment the Company’s financial and accounting capacities. ”

Gordon commenced his duties as CFO on December 1, 2023, following the departure of Samuel Yik.

Currie also conveyed gratitude to Yik for his service, remarking, “On behalf of the Board and the entire Hillcrest team, we’d like to thank Mr.

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Yik for his service and wish him all the best. ”

Upcoming Investor Summit Appearance

Hillcrest is slated to present at the Investor Summit Group’s exclusive virtual investor conference scheduled for Thursday, December 7, 2023. This esteemed event acts as a nexus, connecting microcap and small cap companies exhibiting robust fundamentals and growth potentials with potential investors and buyside analysts.

To access the live presentation scheduled for 12:30 pm EST (9:30 am PST), please use the following link: Investor Summit Group Registration Link

Additional Corporate Developments

In a strategic move, Hillcrest has granted stock options (“Options”) to a consultant of the Company, allowing the acquisition of up to 102,000 common shares at a price of $0. 35 per share. These Options are set to vest in tranches of 25,500 on a quarterly basis throughout 2024 and carry a five-year term.

About Hillcrest Energy Technologies

Hillcrest Energy Technologies stands at the forefront of clean technology advancements, dedicated to crafting high-value, high-performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. The Company’s commitment spans from ideation to commercialization, investing in energy solutions that promise a sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol “HEAT,” on the OTCQB Venture Market as “HLRTF,” and the Frankfurt Stock Exchange as “7HI. ”

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