Azure Dynamics Corp
SymbolAZD
Shares Issued438,375,041
Close 2009-11-17C$ 0.24
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Azure Dynamics files prospectus for financing

2009-11-18 16:11 ET - News Release

Mr. Ryan Carr reports

AZURE DYNAMICS ANNOUNCES FILING OF A PRELIMINARY SHORT FORM PROSPECTUS FOR AN OFFERING OF COMMON SHARES

Azure Dynamics Corp. has confirmed the filing of a preliminary short form prospectus with the securities regulatory authorities in each of the provinces of Canada, in connection with a proposed offering of common shares.

The number of common shares to be offered and the price per common share offered pursuant to the offering have not yet been determined. The common shares are being offered on a best-efforts basis, with no minimum number or dollar amount requirement.

The offering will be conducted through a syndicate of agents led by Raymond James Ltd. It includes Cormark Securities Inc., Stonegate Securities Inc. and Paradigm Capital Inc.

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