VICTORIA, BRITISH COLUMBIA, CANADA (August 30, 2012) Carmanah Technologies Corporation (TSX: CMH) is pleased to announce that it has closed a non-brokered private placement (“Placement”) of 3,981,722 common shares for gross proceeds of CDN $ 1,791,775. The Placement consisted of common shares priced at CAD $0.45 per common share (“Share Price”).