Sunvault Energy Inc.
OTC PINK : SVLT

Sunvault Energy Inc.

July 28, 2015 16:55 ET

Sunvault Energy Plans to Issue a Return of Capital to Shareholders of Record

EDMONTON, ALBERTA--(Marketwired - July 28, 2015) - SUNVAULT ENERGY INC. ("Sunvault") ("the Company") (OTC PINK:SVLT) announced today that it will be issuing a return of capital to shareholders of record as of July 29, 2015. The Company was recently issued 1,600,000 shares of UC Resources Ltd. These shares will be distributed on a pro-rata basis to our shareholders of record as of record date of July 29, 2015.

The Company also has invested into Aboriginal Power Corp an incubation company for Sunvault Energy Inc. The Company will distribute 15% of the shares in Aboriginal Power Corp to Sunvault Energy shareholders of record as of July 29, 2015. These shares will be distributed on a pro-rata basis to shareholders of record as of record date of July 29, 2015.

Both of the UC shares and Aboriginal Power shares will be calculated but held from those shareholders in dispute pending results of ongoing litigation as described in our audited financial statement recently filed.

The above two items were discussed in a recent webinar held by Sunvault Energy this part Friday.

One of the interesting developments at the webinar was information discussed surrounding new technology that has a 70 W fluorescent fixture being powered by only 2 W. This technology was created by Dr. Robert Murray-Smith through Edison Labs of the Edison Power Company. The technology will reduce the energy required to run the fixture by over 90%.

The technology has wide spread appeal and multiple applications. The company is looking forward to seeing the development move ahead.

About Sunvault Energy Inc:

Sunvault Energy Inc. is committed to bringing cost effective energy generation and energy storage to the solar industry through a seamless and novel integration of energy generation and storage. This technical approach is a first and has the potential to enable the lowest overall system cost at maximum efficiency. Sunvault has further diversified by acquiring companies or assets that are immediately accretive and that will facilitate into the owning of quality non-cyclical assets.

For more information, visit the Sunvault Energy website at http://www.sunvaultenergy.com/ and/or monaghan@sunvaultenergy.com.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the completion of any proposed return of capital, the technological attributes or characteristics of the 70 W fluorescent fixture being powered by only 2 W, that the technology will reduce the energy required to run the fixture by over 90%, or that the technology has wide spread appeal and multiple applications.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, general economic conditions, our ability to complete any return of capital and the ongoing development of the above noted technology and any expected results. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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