HeliosAltas Corp. and CHAUP Inc. (CHAUP) have agreed to a stock merger, with HeliosAltas arising as the surviving entity. CHAUP brings its exciting, low-impact renewable hydroelectric technology to the company. This innovative technology was inspired by the long proven energy generator, the waterwheel. Its patented design allows for the production of low cost, zero emission energy production in canals, industrial water loops, rivers, tidal flows and the base of dams. It is environmentally-friendly and can be used by off-grid and grid-tied users alike.