Funded Local Who is raising money in your own backyard?

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- Cardiome Pharma Corp. (NASDAQ: CRME / TSX: COM) today announced that it has entered into an agreement with CR Intrinsic Investments, LLC, an investment fund managed by CR Intrinsic Investors, LLC, an affiliate of S.A.C. Capital Advisors, LLC to purchase Series A convertible preferred shares for gross proceeds of US$25 million. Proceeds of the financing will be used for general corporate purposes, costs associated with the ongoing strategic process and continued development of Cardiome’s clinical programs.

Vancouver, British Columbia – February 27, 2008 – Intrinsyc Software International, Inc. (TSX:ICS) (the “Company”) today announced that it has closed its previously announced bought deal offering of 28,600,000 new common shares at an offering price of CDN$1.05 per share for gross proceeds of CDN$30,030,000. The syndicate of underwriters was co-led by GMP Securities L.P. and Canaccord Capital Corporation, and included Haywood Securities Inc. and Raymond James Ltd.

Railpower Technologies Corp. (TSX: P) (the “Corporation”) is pleased to announce that it has closed its previously announced $35 Million private placement with OTPP. The private placement consistsof the issuance of a convertible debenture which has a maturity date of five years from itsdate of issuance and has an interest rate of 5% per annum, payable semi-annually in either cash or common shares, at the discretion of Railpower.

December 18, 2007 – Railpower Technologies Corp. (TSX: P) today announced that its shareholders voted in favour of an investment of $35 million by the Ontario Teachers’ Pension Plan (OTPP), one of Canada’s most prominent and well respected institutional investors. Shareholders approved all required resolutions by a show of hands at a special meeting held earlier today in Montreal with proxies received voting in excess of 97.5 per cent in favour of these resolutions. There are remaining conditions to be satisfied before the transaction closes.

Vancouver, BC, June 13, 2007--(T-Net)--The federal government has announced it will spend $29 million over the next two years to renew a program aimed at helping the development of Canadian digital media products. Canadian Heritage Minister Bev Oda made the announcement on Sunday at a digital media conference in Banff, Alta. She said the Canada New Media Fund will continue to support the creation of Canadian digital interactive content in both official languages.

November 7, 2006 - Azure Dynamics Corporation (TSX: AZD & LSE: ADC) (“Azure” or the “Company”) is pleased to announce that it has closed its offering of 31,176,471 common shares of the Company at a price of CDN$0.85 per common share for aggregate gross proceeds of CDN$26,500,000 (the “Offering”). Clarus Securities Inc. and Paradigm Capital Inc. (together, the “Underwriters”) acted as co-lead underwriters in connection with the Offering.