December 22, 2006
SHEC LABS launches second Offering to fund construction
of its first Renewable Solar Hydrogen Production
Facility
SHEC LABS - Solar Hydrogen Energy Corporation ("SHEC LABS") is pleased
to announce the release of its second Private Placement Offering
Memorandum ("OM") in 2006.
The proceeds from this share offering are intended to be used primarily
to deploy the first phase of proposed SHEC Station #1, a Solar Hydrogen
Production Facility at the Fleet Street Landfill in Regina,
Saskatchewan, Canada. The first phase of this proposed facility will
include installing a gas collection and cleaning system to produce
green synthetic natural gas from the city's landfill and then to
further process this into hydrogen with the installation of SHEC LABS'
first 5 solar hydrogen production modules.
An expansion to 30 solar hydrogen production modules is planned in
subsequent years. As well, management of SHEC LABS expects the
Corporation will perform research and development of a "Direct Water
Splitting" technology at this proposed facility.
The proposed facility, once fully deployed, has the potential to prevent
more than 1.6 million tonnes of carbon dioxide equivalent
(CO2e) from entering the atmosphere over a twenty year
period, improve local air quality and reduce smog. Theoretically, the
technology deployed at SHEC Station #1 by SHEC LABS can be reproduced
at thousands of landfill locations around the world and can be expanded
to apply not only to landfills, but also to biogas, flare gas and vent
gas from the oil and gas industry, stranded gas, coal bed methane and
natural gas.
This Private Placement Offering is being conducted in accordance with
the OM requirements of National Instrument 45-106 and is available to
most residents of Canada. SHEC LABS is offering 7,000,000 shares (Class
A common shares) to the public at $2.50 per share.
SHEC concluded its previous shares and warrants offering dated April 25,
2006 that was issued on May 5, 2006 and closed on October 24, 2006. A
total of 640,600 shares and 320,300 warrants we issued in 2006
inclusive of 116,800 shares and 58,400 warrants issued to accredited
investors prior to the offering release. The total proceeds raised by
the offering in 2006 amounted to $1,601,500.
To receive a Private Placement Offering Memorandum, please visit
www.shecregister.com or
contact SHEC LABS directly at:
2214 Hanselman Avenue
Saskatoon SK
Telephone: 306-956-2225
About SHEC LABS - Solar Hydrogen Energy
Corporation
SHEC LABS, a research and development company now embarking on
commercialization, aims to become a world leader in providing solutions
for the production of clean, renewable energy for the emerging hydrogen
economy. SHEC LABS, founded in 1996, has developed leading-edge
technologies to more economically harness the power of the sun, reduce
the temperatures required for the disassociation of water, more
economically produce hydrogen from fossil fuels and produce hydrogen
from biomass sources.
Additional information about SHEC LABS may be found at
www.shec-labs.com.
For more information contact Nicole Binsfeld or Thomas Beck at
(306)956-2225, or web-mail us at
www.shec-labs.com/contact.php.
The information contained in this release does not constitute an offer
or a solicitation of an offer for the purchase or sale of any shares or
other securities of SHEC LABS. There are potential risks associated
with investing in development stage companies. Potential investors
should seek advice from a qualified investment advisor prior to
investing in SHEC LABS. No securities commission or similar authority
has in any way passed on the merits of any of the information contained
in this release.
This release includes certain statements that are not descriptions of
historical facts, but are forward-looking statements. These
forward-looking statements may include the description of our plans and
objectives, assumptions underlying such plans and objectives and other
forward-looking terminology such as "may," "expects," "believes,"
"anticipates," "intends," "proposed," "projects" or similar terms,
variations of such terms or the negative of such terms. There are a
number of risks and uncertainties that could cause actual results to
differ materially from the forward-looking statements made herein.
Accordingly, there can be no assurance that actual results will meet
expectations and actual results may vary (perhaps materially) from
certain of the results anticipated herein.
© 2006 SHEC labs. All rights reserved.
2007
November 2
Grand Opening - The City of Regina Hosts Ribbon Cutting
Ceremony of their State of the Art Landfill Gas Collection
System
October 31
SHEC LABS - One Step Closer To Commercialization
June 7
SHEC LABS - Solar Hydrogen Energy Corp teams up with the University of
Victoria for Large Scale Solar Concentrator
May 29
James S. Hansen, B.Eng joins SHEC's Board of Directors and Management Team
January 16
SHEC LABS - Solar Hydrogen Energy Corporation receives
Best Company to become Public - TSX Venture award
2006
December 22
SHEC LABS, Solar Hydrogen Energy Corporation selected in top 10
of the world's best renewable energy technologies
December 22
SHEC LABS launches second Offering to fund construction of its first Renewable Solar
Hydrogen Production Facility
September 15
SHEC Appoints Neil Mohammed of BMO Capital Markets to Its Board of Directors
September 14
SHEC Thanks Team Member For Past And Continued Support
August 15
SHEC announces Victor Smith, CEO of Giffels/Ingenium has joined the Board of Directors
July 6
SHEC Concludes Hydrogen Workshop for "SHEC Station #1"
June 20
SHEC LABS completes first closing under recent Private Placement Offering Memorandum
May 5
SHEC LABS launches Offering to fund construction of its first Renewable Solar Hydrogen
Production Facility
April 25
O'Brien, Vice President of Environmental Services and Infrastructure of
Giffels/Ingenium joins SHEC's Board of Directors and Management Team
April 4
SHEC LABS announces Pierre Rivard, President and CEO of Hydrogenics Corporation to join its
Board of Directors
Archive - 2005
December 7
SHEC LABS and the City of Regina Saskatchewan are pleased to announce the world's first Solar
Hydrogen production station from landfill gas
November 22
Sustainable Development Technology Canada to Provide $42.5 Million in New Funding For
Canadian Clean Technology Projects
June 16
Jamie Bakos, Manager of Environmental Services of Giffels/Ingenium joins SHEC's Board
of Directors
June 1
SHEC Labs plans Renewable Solar Hydrogen Pilot Plant
May 18
SHEC Labs Releases Unit Conversion Calculator
May 5
SHEC Labs Releases Fuel Energy Equivalency Calculator
March 10
SHEC Labs applies for new patent for Heat Valve
January 5
SHEC Labs applies for new patent for Solar Receiver
Archive - 2004
October 15
SHEC Labs Announces Strategic Partnership with Clean 16 and UofT
October 12
SHEC Labs Announces Strategic Partnership with Hydrogenics Corporation
October 1
SHEC Labs Announces Strategic Partnership with Giffels Associates Limited
September 28
SHEC Labs files for Solar Aperature Patent
July 6
SHEC Labs produces Hydrogen from water in the Arizona Desert
May 26
Solar Hydrogen Generator at STAR test site
January 12
SHEC Labs completes long term testing on Dry Fuel Reformation Catalyst
Archive - 2003
October 21
SHEC Labs develops Anti-Coking fuel reformation technology
August 26
SHEC Labs Unveils prototype solar heating/cooling system
June 10
SHEC Labs Unveils The Power Of 5,000 Suns With It's Advanced Solar Concentrator
April 21
Government of Canada to fund SHEC LABS
April 7
SHEC Labs Launches ProShopMAX Division
March 20
SHEC Labs Granted United States Patent
March 7
SHEC Labs Announces Updated Offering Memorandum for Private Placement
February 12
SHEC Labs to open U.S. Office in Arizona
Archive - 2002
December 4
SHEC Labs Announces Private Placement
October 29
SHEC Labs Signs Asset Purchase Agreement with Mini-Tek Electronics Service
October 28
SHEC Labs Signs Licensing Agreement with Trillium Technology Investments Ltd.
September 22
SHEC Labs Starts Development of Solar Reactor
July 30
SHEC Labs Granted Patent
June 30
SHEC Labs Advances Spin-off Catalyst to Produce Hydrogen from Methane
April 30
SHEC Labs Develops Advanced Mass Flow Meters
Archive - 2001
December 15
SHEC Labs Closes Private Placements
November 30
SHEC Labs Commissions Advanced Catalyst Testing System
June 30
SHEC Labs' Technology Externally Validated by Giffels Associates Limited
March 27
SHEC Labs Completes Larger Scale Concept Machine
February 20
SHEC Labs Completes Initial Small Scale Concept Machine
Archive - 2000
December 15
SHEC Labs Closes Third Private Placement
November 30
SHEC Labs Completes 1/12 Scale Heliostat
October 30
SHEC Labs' Catalyst Technology Externally Validated by Wardrop Engineering Inc.
July 15
SHEC Labs Creates Pressure Swing Adsorption (PSA) Gas Separation System
April 30
SHEC Labs Develops Redumentary Catalyst
March 30
SHEC Labs Develops Near Real Time Gas Analyzer
Archive - 1999
November 15
SHEC Labs Constructs 350KW Power Control for Solar Simulator
June 30
SHEC Labs Completes Materials Processor
Archive - 1998
June 30
SHEC Labs Starts Work on Solar Simulator
May 30
SHEC Labs Files Patent for High Temperature Process to Produce Hydrogen from Water
April 30
SHEC Labs Closes Second Private Placement
February 28
SHEC Labs Demonstrates High Temperature Process to Produce Hydrogen from Water
Archive - 1997
July 30
SHEC Labs Closes First Private Placement
