Carmanah Announces Share Consolidation Effective Date
Filing Services Canada XHTML - Tue Aug 12, 4:40PM CDT
Carmanah Reports Second Quarter 2014 Results
Filing Services Canada XHTML - Fri Aug 08, 3:03PM CDT
Carmanah Reports Second Quarter 2014 Results
Business Wire - Fri Aug 08, 3:00PM CDT
Carmanah Technologies Corporation (TSX: CMH) ("the Company" or "Carmanah"
Carmanah Announces Release Date for Second Quarter 2014 Financial Results and Conference Call
Filing Services Canada XHTML - Thu Jul 31, 4:26PM CDT
Carmanah proposes common share consolidation
M2 - Mon Jul 21, 4:58AM CDT
Carmanah Technologies Corporation (TSX:CMH), a manufacturer of solar LED lights and solar power systems, announced on Saturday that it proposes to complete a consolidation of its common shares on the basis of a post-consolidation common share for every ten pre-consolidation common shares.
Carmanah Announces Share Consolidation
Filing Services Canada - Fri Jul 18, 5:14PM CDT
Carmanah Announces Share Consolidation Victoria, British Columbia (FSCwire) - Carmanah Technologies Corporation (TSX: CMH) (the Company or Carmanah) announced today that it intends to complete a consolidation (the Consolidation) of its common shares (the Common Shares) on the basis of (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. John Simmons, Chief Executive Officer of the Company, commented "One year ago we began a process to restructure and refinance the Company. During this period we have grown revenues, improved margins and lowered operating costs, all of which have served to restore profitability. In that time we have also raised approximately $12 million to bolster our balance sheet and have completed the acquisition of Sol, Inc. The consolidation of our common shares is an important milestone for Carmanah. It signals our view that we have completed the restructuring process. We are now shifting our focus to a strategy of profitable growth both organically and by way of acquisitions. The Companys articles of incorporation authorize the board of directors to approve certain changes to the Companys capital structure, including the Consolidation. As such, shareholder approval is not required. The Consolidation is subject to Toronto Stock Exchange (the TSX) approval. The Company anticipates that its post-Consolidation Common Shares will begin trading on the TSX in early August 2014. Following the Consolidation, the Company will have approximately 16,977,062 Common Shares outstanding. The Companys outstanding options will be adjusted on the same basis (10:1), with proportionate adjustments being made to exercise prices. No fractional Common Shares will be issued and no cash will be paid in lieu of fractional post-Consolidation Common Shares. The number of post-Consolidation Common Shares to be received by a shareholder will be rounded down to the nearest whole Common Share. A letter of transmittal will be mailed to shareholders advising that: (i) the Consolidation has taken effect; and (ii) shareholders should surrender their existing share certificates (representing pre-Consolidation Common Shares) for replacement share certificates (representing post-Consolidation Common Shares). Until surrendered, each existing share certificate will be deemed, for all purposes, to represent the number of Common Shares to which the holder thereof is entitled as a result of the Consolidation. ### About Carmanah Technologies Corporation. As one of the most trusted names in solar technology, Carmanah has earned a reputation for delivering strong and effective products for industrial applications worldwide. Industry proven to perform reliably in some of the world's harshest environments, Carmanah solar LED lights and solar power systems provide a durable, dependable and cost effective energy alternative. Carmanah business is operated within two distinct business segments, Signals and Power. The Signals segment includes products offered into the marine, aviation, obstruction and traffic industries. The Power segment offers Solar Engineering, Procurement and Construction services, mobile power solutions and solar outdoor lighting systems. Carmanah is actively seeking additional product sales opportunities to add to its top line revenue, as well as extending existing product lines through internal development efforts, strategic business relationships and focused acquisitions. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH. For more information, visit www.carmanah.com. Carmanah Technologies Corporation Stuart Williams Stuart Williams, Chief Financial Officer For further information: Investors: Investor Relations: Stuart Williams Toll-Free: 1.877.722.8877 investors@carmanah.com This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as expects, plans, estimates, intends, believes, could, might, will or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Carmanah to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on managements current expectations and beliefs and are subject to a number of risks and uncertainties. Examples of forward-looking information in this news release include, but are not limited to, statements with respect to TSX approval of the Consolidation and completion of the Companys restructuring and refinancing efforts. For additional information on these risks and uncertainties, see Carmanahs most recently filed Annual Information Form (AIF) and Annual MD&A, which are available on SEDAR at www.sedar.com and on the Companys website at www.carmanah.com. The risk factors identified in Carmanahs AIF and MD&A are not intended to represent a complete list of factors that could affect Carmanah. Accordingly, readers should not place undue reliance on forward-looking statements. Carmanah does not assume any obligation to update the forward-looking information contained in this press release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...182014.pdf Source: Carmanah Technologies Corporation (TSX:CMH) http://carmanah.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
JDM Investments Holdings Inc. announces acquisition of common shares of Carmanah Technologies Corporation
CNW Group - Thu Jul 17, 4:00PM CDT
JDM Investments Holdings Inc. ("JDM"
Carmanah Releases Preliminary Financial Results for Q2 2014
Business Wire - Fri Jul 04, 3:00PM CDT
Carmanah Technologies Corporation (TSX: CMH) ("the Company" or "Carmanah"
Carmanah Completes Merger with SOL Inc.
Filing Services Canada - Wed Jul 02, 2:45PM CDT
Carmanah Announces Results of Annual General and Special Meeting
Filing Services Canada - Thu Jun 26, 12:10PM CDT
Carmanah Agrees to Purchase SOL Inc.in a Share Exchange Valued at ~$7.5M
Business Wire - Fri Mar 21, 4:45PM CDT
Carmanah Technologies Corporation (TSX: CMH) and SOL, Inc., a privately-owned Florida-based company, today jointly announced that Carmanah has entered into a binding Letter of Intent with SOL, Inc. and Michael Sonnenfeldt. Mr. Sonnenfeldt is a director of Carmanah and the controlling shareholder of SOL. Under the terms of the Letter of Intent, Carmanah has agreed to buy all outstanding shares of SOL owned by Mr. Sonnenfeldt and the parties intend to take the necessary steps to ensure that all other owners of SOL shares prior to closing enter into a definitive agreement to sell their shares to Carmanah. As a result, upon completion of the transaction, SOL will become a wholly-owned subsidiary of Carmanah.
Carmanah Reports Fourth Quarter 2013 Results
Business Wire - Fri Mar 14, 3:00PM CDT
Carmanah Technologies Corporation (TSX: CMH) ("the Company" or "Carmanah"