Zinc8 Energy Solutions Announces Signing of Agreement in Principle with Vijai Electricals

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Sep 21, 2020
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VANCOUVER, BC / ACCESSWIRE / September 21, 2020 / Zinc8 Energy Solutions Inc. ("Zinc8" or the "Company") (CSE:ZAIR)(OTC PINK:MGXRF)(FSE:0E9) is pleased to announce that it has signed an agreement in principle (the "Agreement") with Vijai Electricals Ltd from Hyderabad, India ("Vijai"). The parties have agreed to explore joint-venture projects concerning the deployment of Zinc8's patented Zinc-Air Energy Storage System. Additionally, they have agreed to explore the potential of manufacturing components of the Zinc-air Energy Storage System in India. Vijai, with close to 50 years of industry experience, has established global partners and an extensive distribution network in over 40 countries, as well as an established customer base, which is being examined as a potential pipeline of projects for the Zinc8 system.