2025 MOW Spending Report: Passenger-rail programs
Gardner steps down as Amtrak CEO
Guest comment: Oliver Wyman’s David Hunt
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
RAIL EMPLOYMENT & NOTICES
Rail News Home
Communication and Signal
Rail News: Communication and Signal
Carmanah Technologies Corp. recently completed a private placement of more than 4.6 million common shares that generated $15 million. The company issued the common shares at a price of $3.20 per share.
Carmanah plans to use the proceeds to expand plants in Victoria, British Columbia; Calgary, Alberta; Santa Cruz, Calif.; and London. The company also will use funds to acquire firms in the solar and light-emitting diode (LED) product markets, and increase working capital.
GMP Securities L.P. managed the private placement; Canaccord Capital Corp. and Sprott Securities Inc. served as underwriters.
Carmanah supplies solar-powered LED lighting and illumination products to the transit, marine, aviation, roadway, industrial and illuminated signage markets.
1/9/2006
Rail News: Communication and Signal
Carmanah Technologies gains $15 million from private placement
advertisement
Carmanah Technologies Corp. recently completed a private placement of more than 4.6 million common shares that generated $15 million. The company issued the common shares at a price of $3.20 per share.
Carmanah plans to use the proceeds to expand plants in Victoria, British Columbia; Calgary, Alberta; Santa Cruz, Calif.; and London. The company also will use funds to acquire firms in the solar and light-emitting diode (LED) product markets, and increase working capital.
GMP Securities L.P. managed the private placement; Canaccord Capital Corp. and Sprott Securities Inc. served as underwriters.
Carmanah supplies solar-powered LED lighting and illumination products to the transit, marine, aviation, roadway, industrial and illuminated signage markets.
