Category: Uncategorized

CMH Acquisition Corp. Completes Acquisition of Carmanah

VICTORIA, BC, CANADA  Carmanah Technologies Corporation (TSX:CMH) (the “Company” or “Carmanah”) announce today the completion of the previously announced plan of arrangement under Part 9, Division 5 of the Business Corporations Act (British Columbia) (the “Arrangement”), whereby CMH Acquisition Corp. (“CMH”) has acquired all of the issued and outstanding common shares of the Company (the […]

Carmanah Securityholders Approve Plan of Arrangement with CMH Acquisition Corp.

VICTORIA, BC, CANADA Carmanah Technologies Corporation (TSX:CMH) (the “Company” or “Carmanah”) announced the voting results from today’s special meeting (the “Meeting”) of the holders (the “Shareholders”) of common shares of the Company (the “Common Shares”) and the holders (the “Optionholders” together with the Shareholders, the “Securityholders”) of options to purchase Common Shares. At the Meeting, […]

Carmanah Provides Update on Expected Tax Treatment of Purchase Price for Going Private Transaction

VICTORIA, BC, CANADA  In connection with the previously announced going private transaction, Carmanah Technologies Corporation (TSX: CMH) (the “Company” or “Carmanah”) requested an advance tax ruling from the Canada Revenue Agency (the “CRA”) to determine whether the cash sale proceeds to be received by shareholders in connection with the going private transaction will be treated […]

Globalstar Purchases Carmanah’s SmartOne Solar Intellectual Property Assets

VICTORIA, BC, CANADA  Carmanah Technologies Corporation (TSX:CMH) (the “Company” or “Carmanah”) announced today it has sold to Globalstar, Inc. (“Globalstar”) a perpetual license to use its SmartOne SolarTM intellectual property as well as other assets, including production equipment.  The SmartOne SolarTM is a solar-powered IoT asset tracking device (with ATEX and intrinsically safe certifications) that […]

Carmanah Enters into Arrangement Agreement for Going Private Transaction

VICTORIA, BC, CANADA  – Carmanah Technologies Corporation (TSX: CMH) (the “Company” or “Carmanah”) announces that it has entered into an arrangement agreement (the “Arrangement Agreement”) with CMH Acquisition Corp. (“CMH Acquisition”) (an entity controlled by two of the current directors of the Company, James Meekison and Terry Holland), JDM Investment Holdings Inc. (“JDM”) and TMH […]

Carmanah Announces Results of Annual General Meeting

VICTORIA, BC, CANADA  Carmanah Technologies Corporation (TSX: CMH) (“Carmanah” or the “Corporation”) today announced the voting results from its annual general meeting held on June 21, 2019.  The shareholders voted on and approved to set the number of directors of the Corporation at four, the election of the directors of the Corporation, and the reappointment […]

Carmanah Announces Normal Course Issuer Bid

VICTORIA, BC, CANADA  Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s notice of its intention to make a normal course issuer bid (the “Bid”) to purchase up to 971,709 of its common shares, representing approximately 10% of its public float as […]

Carmanah Reports First Quarter 2019 Results

VICTORIA, BC, CANADA  Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today reported its first quarter 2019 financial results for the period ended March 31, 2019.  Currency amounts are in U.S. dollars unless otherwise noted. All figures below, unless otherwise stated, are for Carmanah’s continuing operations and exclude the operating results from the Company’s discontinued […]

Carmanah Announces Receipt of Non-Binding Proposal to Purchase Outstanding Shares

VICTORIA, BC, CANADA – Carmanah Technologies Corporation (TSX: CMH) (the “Company” or “Carmanah”) announced that it has received a non-binding proposal (the “Proposal”) from entities controlled by James Meekison and Terry Holland to purchase all shares of Carmanah not already owned or controlled by Mr. Meekison or Mr. Holland at a price of $7.35 per […]

Carmanah Announces Release Date for First Quarter 2019 Financial Results and Conference Call

VICTORIA, BC, CANADA (May 2, 2018) Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) will release its first quarter 2019 financial results on Thursday May 9th, 2019 after market close. Carmanah has scheduled a conference call for analysts at 6:00 am PT (9:00 am ET) on Friday May 10th, 2019. To access, dial 1.866.229.4144 (Canada […]