Vancouver, British Columbia--(Newsfile Corp. - April 30, 2025) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider and network operator, is pleased to announce the launch of a new major EV charging project (the "Project") in collaboration with Auctus Property Fund LP, part of the Deveraux Group of Companies ("Deveraux"), to deploy 444 Level 2 charging stations across 16 rental communities in Western Canada by Fall 2027. Hypercharge is serving as the Project lead across all 16 sites, managing every stage from planning through to activation and long-term support.
The Project will be delivered in phases, beginning with six residential communities in Winnipeg, MB set to receive 282 Level 2 charging stations in 2025. In addition to featuring Hypercharge's latest charging station technology, each site will also benefit from a comprehensive range of Hypercharge professional services, including EV ready plans, electrical engineering, infrastructure buildouts, managed networking, and end-to-end project management.
Auctus Property Fund LP wholly owns Deveraux Apartment Communities, which manages nearly 5,000 apartments across Manitoba, Saskatchewan, and Alberta. Deveraux Apartment Communities is one of the largest multi-family developers in the Prairie provinces, known for delivering thoughtfully designed and professionally managed rental communities. To date, Hypercharge and Deveraux have partnered to deploy more than 250 Level 2 charging stations across Deveraux's properties, forming a strong foundation for this expanded rollout.
"Our partnership with Deveraux has continued to evolve with each successful deployment over the past year and this latest Project reflects the shared commitment both teams have to supporting EV adoption in rental communities," said Rory Gattens, Head of Growth & Partnerships, West at Hypercharge. "Hypercharge is proud to lead the end-to-end delivery process, ensuring each site is thoughtfully planned and engineered with scalable infrastructure to support initial EV charger deployment and accommodate future demand."
"We are proud to announce the continued and significant installation of EV charging stations across our rental locations-a major step in our ongoing journey toward sustainability," said Denis Jones, Chairperson and CEO, Auctus Property Fund LP. "This initiative reflects our commitment to continuous improvement and innovation, ensuring we meet the evolving needs of our customers while reducing our environmental impact."
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About Hypercharge
Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to offering seamless, simple solutions including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations. Learn more: https://hypercharge.com/
About AuctusProperty Fund LP
The Auctus Property Fund LP proudly manages a portfolio valued at over $975 million in assets, consisting of almost 4,000 multi-residential units across 21 apartment communities in Calgary, Edmonton, Regina and Winnipeg. Each property is managed by Deveraux Apartment Communities, an award-winning property management company wholly owned by Auctus LP.
On behalf of the Company, Hypercharge Networks Corp. David Bibby, President & CEO
Contacts
Hypercharge - Media & Investor Relations: Kyle Kingsnorth, Head of Marketing kyle.kingsnorth@hypercharge.com | +1 (888) 320-2633
Deveraux Group of Companies - Marketing and Communications: Kate Donahue, VP of Marketing and Communications kdonahue@deveraux.ca | +1 (306) 522-5556
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements regarding contractual performance, the expected timing, delivery and installation of EV charging stations and expectations with respect to the Project. Forward-looking statements are often identified by terms such as "may", "could", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
