1. Homepage
  2. Equities
  3. Canada
  4. CANADIAN NATIONAL STOCK EXCHANGE
  5. Advantagewon Oil Corporation
  6. News
  7. Summary
    AOC   CA00775L2057

ADVANTAGEWON OIL CORPORATION

(AOC)
Delayed CANADIAN NATIONAL STOCK EXCHANGE  -  12:02 2022-07-04 pm EDT
0.0750 CAD   -16.67%
05/30Advantagewon Oil Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
05/10Advantagewon Announces Proposed Change of Business to an Investment Company
AQ
05/09IIROC Trade Resumption - AOC
AQ
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Advantagewon Oil : Starvolt Power Inc. Announces Exclusive Agreement with Luoyang Northern EK-CHOR Motorcycle Co., LTD.

08/17/2021 | 10:37am EDT

Toronto - Advantagewon Oil Corp., (CSE: AOC) (OTC Pink: ANTGF), (the 'Corporation', or 'AOC') is pleased to announce that it's investee company, Starvolt Power Inc., a developer of technology utilizing flexible solar panels, and state of the art batteries, announced today it had signed an exclusive manufacturing partnership agreement with Luoyang Northern EK-Chor Motorcycle Co., LTD.

This manufacturing partnership is an important step towards Starvolt's expansion in becoming a global leader in providing low-cost energy solutions and Electric Vehicles.

Mr. Carlos Brasil, CEO of AOC stated: 'This is a significant milestone for Starvolt. Securing this relationship with Luoyang plays an integral part in the company's growth and sustainable mobility ecosystem. We are excited about what this partnership will offer to business' and consumers alike in the ability to reduce their carbon footprint.'

As one of the largest Chinese manufacturers of electric cars, motorcycles, scooters, and bicycles, Luoyang brings advanced global production and testing, top tier Research & Development facilities, and first-class management and technical personnel. Luoyang will operate as the exclusive manufacturer for Starvolt-designed Advanced Electric Vehicles.

'We are pleased to have partnered with Starvolt. This agreement gives us the opportunity to expand globally,' said Victor Chen, Director of Global Business Development at Luoyang. 'We can now offer Advanced Electric Vehicle products to a greater variety of consumer markets.'

As part of this partnership, Starvolt will launch an innovative line of Advanced Electric Vehicles featuring its solar technology, revolutionizing urban transportation. This exclusive agreement will also include the rebranding of Luoyang's existing line-up of electric cars, motorcycles, scooters, and bicycles, under the Starvolt brand.

Increasing urban pollution has prompted Starvolt Power Inc. to develop a sustainable mobility ecosystem that will offer a complete suite of low-cost electrical vehicle products, and services, including proprietary hybrid on and off grid renewable power supply charging stations, enabling infinite and eco-friendly mobility to business and consumers.

About Starvolt Power Inc.

Starvolt Power Inc. is a energy solution company. Established in 2020, the Company is dedicated to providing low-cost energy solutions and sustainable mobility through our extensive and innovative product line-up of Advanced Electric Vehicles. The Company implements practical methodologies to transform concept designs into tangible outcomes that advance industry potential and sustainable logistics.

About Luoyang Northern EK-Chor Motorcycle Co., LTD

LUOYANG NORTHERN EK-CHOR MOTORCYCLE CO., LTD. ('Luoyang') is an international independent corporation, specializing in the manufacturing of motorcycles and engines, such as ATV, electrical bicycle, electric generator, electric scooter, tricycle, and three-wheeled vehicle. Producing 1 million units per year. Established in 1992, the company advanced computerized technology and purchasing Hi-tech & robotic equipment from Japan, Germany, Italy, USA. Since 1993, a total investment of USD 40 million dollars have been added to build assembly, paint & coat, test workshop and a 40,000m2 integrated workshop which combines parts delivery, raw treatment, engine-build, total assembly and testing together.

About Advantagewon Oil Corp.

Advantagewon is focused on becoming a diverse energy producer. We currently have silos in oil, gas and solar. Advantagewon's common shares are listed on the OTC Markets in the United States and on the Canadian Securities Exchange ('CSE') in Canada. Advantagewon is a member of the CSE Composite Index (CSE: AOC).

Contact:

Mr. Paul Haber

Tel: (416) 318-6501

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such.

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about ADVANTAGEWON OIL CORPORATION
05/30Advantagewon Oil Corporation Reports Earnings Results for the First Quarter Ended March..
CI
05/10Advantagewon Announces Proposed Change of Business to an Investment Company
AQ
05/09IIROC Trade Resumption - AOC
AQ
05/09IIROC Trading Halt - AOC
AQ
05/04Advantagewon Oil Corporation Reports Earnings Results for the Full Year Ended December ..
CI
2021Advantagewon Oil Corporation Reports Earnings Results for the Third Quarter and Nine Mo..
CI
2021Advantagewon Oil Corporation Appoints Victor Hugo as Its Chief Financial Officer
CI
2021Advantagewon Oil Corporation Reports Earnings Results for the Second Quarter Ended June..
CI
2021ADVANTAGEWON OIL : Starvolt Power Inc. Announces Exclusive Agreement with Luoyang Northern..
AQ
2021Starvolt Power Inc. Announces Exclusive Agreement with Luoyang Northern EK-CHOR Motorcy..
NE
More news
Financials
Sales 2021 - - -
Net income 2021 -2,78 M -2,16 M -2,16 M
Net cash 2021 0,08 M 0,06 M 0,06 M
P/E ratio 2021 -3,05x
Yield 2021 -
Capitalization 4,31 M 3,34 M 3,34 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float 76,0%
Chart ADVANTAGEWON OIL CORPORATION
Duration : Period :
Advantagewon Oil Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Paul Haber Chairman & Chief Executive Officer
Victor Johan Hugo Chief Financial Officer
Stan Dimakos Independent Director
Frank Kordy Secretary & Director
Sector and Competitors
1st jan.Capi. (M$)
ADVANTAGEWON OIL CORPORATION-50.00%3
CONOCOPHILLIPS26.05%115 458
EOG RESOURCES, INC.25.66%65 377
CNOOC LIMITED29.02%62 895
CANADIAN NATURAL RESOURCES LIMITED29.41%61 824
OCCIDENTAL PETROLEUM CORPORATION108.49%56 644