Three Sixty Solar Ltd. announced the signing of a non-binding letter of intent with Lois Creek Development Inc. to secure the phase one sale of a combined solar and telecommunications tower in the town of Kimberley, part of the spectacular East Kootenay mountain region of British Columbia. Key Points: Lois Creek Development Inc. is developing a 64-home subdivision in Kimberley, British Columbia, focusing on near net-zero construction. Lois Creek has signed a letter of intent (LOI) with Three Sixty indicating their commitment to include an initial Three Sixty Solar Tower in the development.

The LOI indicates that the parties plan to begin a feasibility study within the next 30 days to move the project forward. The LOI also indicates Lois Creek's intent to install technology from Hook'd Broadband on the solar tower to provide connectivity to the developing community.