The facility agreement, the base shelf prospectus, the prospectus supplement, and the pricing supplements will be made available on SEDAR at and on ARISE's website at This news release does not constitute an offer to sell ARISE securities or the solicitation of an offer to buy ARISE securities, nor is there to be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Closing of the initial drawdown is scheduled to be completed on or about Under the terms of the agreement, ARISE has agreed to pay Haverstock an implementation fee and an activation fee, which together aggregateĪs of today's date, ARISE also issued its initial drawdown notice under the facility in respect of a drawdown of ARISE is under no obligation to draw from this facility and will remain at all times free to enter into other financing transactions with the exception of similar equity lines. Haverstock may resell the shares issued to it by ARISE at the fund's discretion, through registered dealers trading through the Upon final determination of the number of shares and price thereof issuable under each drawdown, ARISE is also required to file a separate pricing supplement. In addition, as of today's date, ARISE has filed a prospectus supplement in connection with the issuance of shares under the facility.

ARISE filed a base shelf short-form prospectus in connection with the agreement on Under the terms of the agreement, ARISE's distribution of shares under the facility is to be qualified by prospectus. Under the terms of the facility, ARISE will issue common shares to Haverstock at a price equal to the weighted average market price determined over a pricing period of five trading days, less a 6.5% discount. Timing of any drawdown is at ARISE's sole discretion, provided that no new drawdown can be initiated until the settlement of the previous drawdown has occurred. The 36-month agreement enables the company to receive up to a maximum amount of In addition, TSX conditional approval has been obtained for the listing of up to 25,228,443 common shares of ARISE which may be issued under the agreement. Such exemptive relief was granted by the Ontario Securities Commission as of Amendments to the agreement were made primarily to address requirements of the exemptive relief required from Canadian securities regulators in connection with certain aspects of the facility. The fundamental terms of the agreement have not changed and it provides access to funds on an as-needed basis through the sale of ARISE common shares to Haverstock for up to Haverstock is a Cayman Island company headquartered in Roslyn, New York. CNW/ - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), which is dedicated to becoming a leader in high-performance, high-quality, cost-effective solar technology, today announced that it has entered into an amended and restated Committed Equity Facility Agreement with Haverstock Master Fund which replaces and supersedes the original agreement dated

Drawdown wire agreement