VANCOUVER, Oct. 28 - Lignol Energy Corporation (TSX-V: LEC) ("Lignol" or "the Company"), a leading technology company in the cellulosic ethanol and biorefining sector, today announced that its U.S. subsidiary, Lignol Innovations Inc., has signed a US$30 million Cooperative Agreement (the "Agreement") with the U.S. Department of Energy ("DOE"). The Agreement formalizes the DOE's previously announced financial assistance award to Lignol of up to US$30 million relating to the construction of a commercial demonstration cellulosic ethanol plant in Colorado.
VANCOUVER, Oct. 14 - Response Biomedical Corporation (TSX: RBM, OTCBB: RPBIF) (the "Company") today announced that it has entered into an agreement with Haywood Securities Inc., as agent, pursuant to which the Company has agreed to offer for sale, on a best efforts basis and by private placement, an aggregate of 30,555,556 units at a price of $0.18 per unit, each unit consisting of one common share and one-half of one common share purchase warrant, for gross proceeds of approximately $5.5 million.
OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM), a provider of a leading web-based real estate transaction platform, announced today that its previously announced non-brokered private placement was fully subscribed and closed on September 4, 2008.
VANCOUVER, CANADA—QLT Inc. (NASDAQ: QLTI; TSX: QLT) announced today the closing of its previously disclosed agreement to sell the land and building comprising its corporate headquarters and the adjacent undeveloped parcel of land in Vancouver, British Columbia to Discovery Parks Holdings Ltd., in its capacity as trustee of Discovery Parks Trust and Discovery Parks Trust 2 (“Discovery Parks”), for Cdn$65.5 million.
September 2, 2008 - Burnaby, BC, Canada - International Water-Guard Industries Inc. (IWG) has closed a private placement of $500,000, President & Chief Executive Officer David C. Fox announced.
VANCOUVER, Aug. 22 - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM), a provider of a leading web-based real estate transaction platform, today announced amendments to the terms of the non-brokered private placement the Company previously announced on June 26, 2008.
August 21, 2008 – Azure Dynamics Corporation (TSX: AZD & LSE: ADC) (“Azure” or the “Company”), a leading developer of hybrid electric and electric powertrains for commercial vehicles, is pleased to announce a private placement offering of up to 100,000,000 common shares at a price of CDN$0.25 per common share (the “Issue Price”) for gross proceeds of
up to CDN$25,000,000 (the “Offering”).
VANCOUVER, BC – Westport Innovations Inc. (TSX:WPT / NASDAQ: WPRT), a global leader in alternative fuel, low-emissions transportation technologies, announced today that it has completed a US$54 million equity offering. Under the terms of the offering, Westport issued and sold 4,500,000 Common Shares for an aggregate sale price of US$54 million (US$12.00 per Common Share). Westport currently expects to use the net proceeds from the offering of US$50.6 million (before expenses) for product development, market development and general corporate purposes.
Victoria, B.C., August 11, 2008 - CardioComm Solutions, Inc. (TSX-V: EKG) ("CardioComm" or the "Company") today announced that it has closed its previously announced non-brokered private placement equity financing. Under the financing, the Company issued 3,500,000 units at a price of $0.10 per unit, with each unit comprising one common share of the Company and one common share purchase warrant exercisable for an additional share at a price of $0.20. The Company realized gross proceeds of $350,000 from the financing, which will be used for general working capital of the Company.
Vancouver, July 30, 2008 - IP Applications Corp. (TSX-V: IPX) (the “Company”) is pleased to announce that further to the Company’s news release of June 20, 2008, it has received final acceptance from the TSX Venture Exchange and formally closed its non-brokered private placement of 3,875,000 Units, at a price of $0.20 per Unit, raising gross proceeds of $775,000. Each Unit consisted of one common share and one-half common share purchase warrant.