Hillcrest Energy Technologies Announces Adoption of Semi-Annual Reporting

VANCOUVER, BC / ACCESS Newswire / Could 5, 2026 / Hillcrest Power Applied sciences Ltd. (CSE:HEAT)(OTCQB:HLRTF)(FRA:7HI) (“Hillcrest” or the “Firm”), pronounces that it has elected to depend on Coordinated Blanket Order 51-933 and transfer to semi-annual monetary reporting (“SAR“).

Coordinated Blanket Order 51-93 permits eligible enterprise issuers listed on the Canadian Securities Alternate (the “CSE“) to voluntarily transfer from a quarterly to a semi-annual monetary reporting framework. Hillcrest’s fiscal 12 months ends on December 31. Underneath the SAR pilot program, the Firm can be exempt from submitting interim monetary studies and associated Administration’s Dialogue & Evaluation (MD&A) for its first and third quarters:

• Interim Interval: The Firm won’t file an interim report for the primary quarter (Q1) ending March 31, 2026, and the third quarter (Q3) ending September 30, 2026; and

• Ongoing Reporting: The Firm will proceed to file audited annual monetary statements (due inside 120 days of December 31) and six-month interim monetary studies (due inside 60 days of June 30).

Hillcrest confirms it meets the pilot program’s eligibility standards, which embody being a enterprise issuer with annual revenues of lower than $10 million and sustaining a clear 12-month steady disclosure file.

This information launch is being filed pursuant to Coordinated Blanket Order 51 – 933 Exemptions to Allow Semi-Annual Reporting for Sure Enterprise Issuers.

About Hillcrest Power Applied sciences

Hillcrest Power Applied sciences is a Canadian clear expertise firm centered on creating and commercializing superior energy conversion applied sciences and digital management programs for next-generation powertrains and grid-connected vitality programs. The Firm’s proprietary Zero Voltage Switching (ZVS) expertise platform is being commercialized throughout a number of markets, together with next-generation AI knowledge facilities, microgrids, and electrical car powertrains. From idea to commercialization, Hillcrest is investing within the improvement of vitality options that can energy a extra sustainable and electrified future.

Hillcrest is publicly traded on the CSE underneath the image “HEAT,” on the OTCQB Enterprise Market as “HLRTF,” and on the Frankfurt Alternate as “7HI.” For extra info, please go to https://hillcrestenergy.tech/.

CONTACT INFORMATION

Investor Relations
Don Currie
[email protected]
O: +1 604-609-0006
Toll-free: 1-855-609-0006

Public Relations
Jamie L. Hogue
[email protected]
O: +1 602-793-9481

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FORWARD-LOOKING INFORMATION

Cautionary Assertion Concerning “Ahead-Wanting” Info

A number of the statements contained on this information launch are forward-looking statements and knowledge throughout the which means of relevant securities legal guidelines. Ahead-looking statements and knowledge could be recognized by means of phrases corresponding to “expects,” “intends,” “is predicted,” “potential,” “suggests” or variations of such phrases or phrases, or statements that sure actions, occasions or outcomes “could,” “might,” “ought to,” “would,” “may” or “will” be taken, happen or be achieved. This forward-looking info is supplied as of the date of this information launch. The forward-looking info displays our present expectations and assumptions and is topic to numerous identified and unknown dangers, uncertainties and different components, which can trigger precise outcomes, efficiency or achievements to be materially totally different from any anticipated future outcomes, efficiency or expectations expressed or implied by the forward-looking info. No assurance could be on condition that these assumptions will show right. Ahead-looking statements and knowledge are usually not historic info and are topic to numerous dangers and uncertainties past the Firm’s management. Buyers are suggested to contemplate the chance components underneath the heading “Dangers and Uncertainties” within the Firm’s MD&A for the 12 months ended Dec. 31, 2025, out there at https://www.sedarplus.ca/ for a dialogue of the components that would trigger the Firm’s precise outcomes, efficiency and achievements to be materially totally different from any anticipated future outcomes, efficiency or achievements expressed or implied by the forward-looking info. Accordingly, readers shouldn’t place undue reliance on forward-looking statements. The Firm undertakes no obligation to replace publicly or in any other case revise any forward-looking statements, besides as could also be required by legislation.

SOURCE: Hillcrest Power Applied sciences Ltd.