May 21, 2008
ARISE Technologies Corporation (TSX-V:APV), a solar technology company, completed a public offering of Common Shares pursuant to which the Corporation issued 20,500,000 Common Shares and a selling shareholder sold 500,000 Common Shares each at a price of $2.20 per Common Share, for aggregate gross proceeds of $46,200,000. The Common Shares were sold through a syndicate of Underwriters co-led by Canaccord Capital Corporation and Clarus Securities Inc. and included Fraser Mackenzie Limited, Raymond James Ltd., Haywood Securities Inc. and Versant Partners Inc.
Wildeboer Dellelce LLP acted for the Underwriters in connection with the Offering with a team that included Charlie Malone, Geoffrey Cher and Shabir Amlani (corporate/securities).