OPEL Applies for Extension of Warrant Expiry Date
December 11 2009 - 8:30AM
Marketwired
OPEL International Inc. (TSX VENTURE: OPL) ("OPEL" or "the
Company"), announces that it has filed an application with the TSX
Venture Exchange ("TSXV") to extend the expiry date of 7,500,000
Series P Warrants from December 13th, 2009 to December 13th, 2011.
Each warrant entitles the holder to purchase one common share of
the Company at a price of CA$1.90 per share. These warrants were
attached to a private placement of CA$22.5 million completed by the
Company on December 13th, 2007. None of the Series P warrants have
been exercised to date. The proposed expiry date extension will
only take place if approved by the TSXV.
About OPEL International
With operations headquartered in Shelton, CT and Toronto,
Ontario, Canada, OPEL designs, manufactures and markets high
performance concentrating photovoltaic ("HCPV") panels to transform
solar energy into electricity for worldwide application. OPEL's
high performance photovoltaic concentrating panels generate up to
40 percent more kilowatt-hours than conventional flat plate silicon
solar panels, resulting in more cost-effective electricity
generated from the sun. OPEL also markets a complete line of dual
and single axis solar trackers to mount solar panels for optimum
power output. OPEL also designs infrared sensor type products for
military and industrial applications.
A leader in gallium arsenide and solar photovoltaic technology,
the Company has been awarded 39 patents and has eight more patents
pending. OPEL's common shares trade on the TSX Venture Exchange
under the symbol "OPL". For more information about OPEL Solar,
Inc., please visit the Company's website at www.opelinc.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Michel Lafrance, Secretary
The TSXV has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
Contacts: OPEL International Inc. Pat V. Agudow Vice President,
Administration (203) 612-2366 Ext 2612 (203) 944-0800 (FAX)
p.agudow@opelinc.com Media Relations - WT Blase & Associates
Inc. Bill Blase, Cathy Loos, or Stephanie Kuffner (212) 221-1079
solar@wtblase.com
Poet Technologies, Inc. (TSXV:OPL)
Historical Stock Chart
From Oct 2024 to Nov 2024
Poet Technologies, Inc. (TSXV:OPL)
Historical Stock Chart
From Nov 2023 to Nov 2024