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Solar Alliance Energy, Inc.

09:46 AM EST - Solar Alliance Energy, Inc. : Announced that due to strong demand, it will be completing an expedited closing on up to $1,400,000 of Units, on a non-brokered basis. The Units issued pursuant to this non-brokered closing were sold at $0.16, with each Unit comprising one common share and one share purchase warrant with an exercise price of $0.25 and a term of term of three years. Solar Alliance Energy, Inc. shares V.SAN are trading unchanged at $0.20.