Carmanah Technologies Corporation (TSX VE: CMH) has received conditional approval from the Toronto Stock Exchange for the listing of its common shares on the TSX, subject to filing final documentation.
“The graduation to the TSX marks the next step in Carmanah’s growth strategy,” states Art Aylesworth, Carmanah’s CEO. “The TSX Venture Exchange has provided an excellent platform from our initial listing in 2001 for our capital requirements. Carmanah’s growth, however, in the last year requires us to increase our profile within the financial community in Canada and beyond. We are looking forward to accomplishing this next milestone in Carmanah’s evolution.”
The Company expects to fulfill the listing requirements over the next few weeks and receive final approval in February 2006. Trading is expected to remain under the symbol CMH. Carmanah will issue a news release prior to the start of trading on the TSX.
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