Corporate News – Sharc International Systems Inc.
Stock Performance (as of 7:15 PM Central Europe, Friday 23 March 2026)
- Closing price: CAD 0.09 (down 5.56 % from the previous close).
- 24‑hour trading volume: CAD 1.1 k.
- Shares outstanding: 165.2 million.
- Market capitalization: CAD 14.9 million.
- 52‑week high: CAD 0.17 (15 June 2026).
- 52‑week low: CAD 0.06 (14 November 2025).
- 200‑day simple moving average: CAD 0.11.
- Month‑to‑date change: ‑15 %.
Recent Business Development
Sharc International Systems Inc. announced a new contract with the City of Surrey. The agreement is the largest order in the company’s history and involves the delivery of multiple waste‑water energy transfer systems. The systems will capture thermal energy from the municipal sewer main and deliver it to a heat‑pump plant. Revenue from the project is expected to begin in the second half of 2027 and continue into 2028, expanding the company’s sales order backlog.
Sharc highlighted its focus on strengthening customer relationships and maintaining a healthy margin profile as it expands its district energy portfolio. The company’s technology supports Surrey’s objective of reducing reliance on natural gas for district heating.
Peer Performance (Last 24 Hours)
| Stock | Ticker | 24‑hour Change | Current Price | Market Cap | Notes |
|---|---|---|---|---|---|
| Southern Energy | SOU.V | 0 % | CAD 0.08 | CAD 17.4 M | Flat |
| Aterra Metals | ATC.CN | ‑9.09 % | CAD 0.05 | CAD 17.7 M | Decline |
| Yorbeau | YRB.TO | 0 % | CAD 0.05 | CAD 17.5 M | P/E 128.21 |
| Puma Exploration | PUMA.V | ‑4.17 % | CAD 0.11 | CAD 17.8 M | P/E 77.42 |
| Gelum | GMR.CN | 0 % | CAD 0.70 | CAD 17.5 M | Flat |
Company Overview
Sharc International Systems Inc. is a Canadian firm listed on the Canadian National Stock Exchange. The company specializes in district energy solutions, with a focus on waste‑water heat‑recovery systems and related technologies.