Recent strides toward sustainable market growth through the
Power Africa Initiative have investors of Dominovas Energy Corp. (OTCQB: DNRG)
excited for what the months to come may hold. On Monday, the company built upon
this excitement when it announced a private placement that’s expected to
provide up to $10 million of funding to serve as working capital throughout
this period of expansion. While its proprietary RUBICON™ solid oxide fuel cell
system certainly has a major part to play in the company’s recent success,
Dominovas’s experienced management team has been the guiding force behind its
current strategic positioning.
The Dominovas leadership team, along with its manufacturing
partners, possesses over 200 years of combined business experience at the executive
level. Benefitting from first-hand experience with engineering, supply chain
management, marketing, legal and construction management, Dominovas has burst
onto the scene since being acquired by Western Standard Energy Corp. in early
2014. In particular, the company’s historic partnership with the United States
government, making it the only private sector partner to the Power Africa
Initiative, highlights the market potential provided by a well-seasoned team of
executives.
Leading the company’s management team is Neal Allen –
chairman, president and chief executive officer of Dominovas. Allen brings a
host of management experience to the company, having previously served as the
principal shareholder of a private family office with a collection of diversified
endeavors. Also on the Dominovas management team is Dr. Shamiul Islam, serving
as the executive vice president of fuel cell operations. Islam is noted as one
of the world’s foremost experts on solid oxide fuel cell technology, and he
possesses a collection of patents applicable to fields related to the company’s
proprietary technology.
In addition to its management, the Dominovas leadership team
includes four key team members operating in the company’s primary international
markets. Emilio DeJesus is a member of this team, serving as the president of
Dominovas Energy AFRICA. In this position, DeJesus provides pertinent
intelligence regarding the barriers of entry and political climate of African
nations, as well as locating suitable business partners. In recent weeks, he
has played an integral role in the development of the company’s RUBICON
deployment plan for the sizable Power Africa Initiative.
Bringing together a strong strategic position in an
expansive energy market with an experienced and well-rounded leadership team,
Dominovas is primed to achieve strong financial growth for the foreseeable
future. For prospective shareholders, the company’s promising outlook makes it
an intriguing investment opportunity moving forward.
For more information, visit www.dominovasenergy.com
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