Link to GreenAngel’s “GreenWire” Newsletter Archive
This page is a feed of our most recent news releases and and archive of old releases. Of course, you can always get these sent directly to your inbox by signing up to the low-frequency GreenAngel mailing list. If you want to learn about industry news in our investee’s space, or read other exciting articles about the green energy technology industry, read our blog.
GreenAngel Energy (TSX:GAE) reports that investee company dPoint Technologies Inc. is working with Toronto-based, non-profit green building technology consultants, “Tower Labs” to supply air exchange membranes to Tridel, a major residential tower developer in Ontario.
Read MoreGreenAngel Energy (TSX:GAE) reports that investee company REV Technologies Inc. (“REV”) has been selected by SAIC to provide electric vehicle (EV) conversion technology and integrated vehicle to grid (V2G) and vehicle to site (V2S) networking solutions under the Aloha Micro Grid program for the U.S. Army’s Tank and Automobile Research, Development and Engineering Center (TARDEC).
Read MoreGreenAngel Energy (TSX:GAE) reports that investee company Light-Based Technologies Inc. (“LBT”) have closed the second tranche of a financing round totaling 7.5 million US dollars. LBT specializes in control technology for LED lighting, including dimming and light temperature.
Read MoreGreenAngel Energy (TSX:GAE) reports that investee company Delaware Power Systems (“DPS”) have closed a financing round totaling 2.1 million dollars. To date, DPS has raised over $9.1 million since inception. The financing was completed at a valuation representing a 40% increase in the value of GreenAngel’s DPS holdings.
Read MoreGreenAngel today announces its audited financial results for the fourth quarter and year ended November 30, 2010. GreenAngel posted a net income and comprehensive income of $648,468 for the year ended November 30, 2010. For the fourth quarter ended November 30, 2010, GreenAngel recorded income of $717,533 ($0.06 income per common share).
Read MoreGreenAngel is proud to report that 5 of our investee companies have been awarded “Ready to Rocket” in 2011. Each year, for the past nine years, the Vancouver-based technology consulting firm, Rocket Builders has produced its “Ready-to-Rocket” list of 25 companies in B.C., based on the greatest revenue potential and investment returns. For the first time this year (February 2011) the Rocket Builders have created a list specific to Clean / Green Technology companies.
Read MoreGreenAngel Energy announces the granting of 150,000 options to purchase common shares to its staff and directors under its Incentive Stock Option Plan. The options are exercisable at an exercise price of $.20 for a period of five years and they are subject to a three year vesting provision.
Read MoreGreenAngel Energy appoints James Dean, CEO of investee company dPoint Technologies, to the GreenAngel Energy Board of Directors. James was recognized as one of Canada’s Top 40 Under 40, was formerly CEO of Greenlight Power (a clean energy technology company) and was a partner with KPMG Consulting. James has an Engineering Degree from the University of Waterloo and an MBA from the University of Western Ontario.
Read MoreGreenAngel Technology Ventures (VCC) Corp.’s angel fund will invest in BC’s most promising clean energy technology businesses. GreenAngel Energy has demonstrated an impressive track record for selecting industry leaders in green energy technology (Green Tech). Subscribers who invest before the end of February will be eligible for a tax credit that can be applied back to the 2010 tax year.
Read MoreParadigm Environmental Technologies has commenced work on a $6.1M project to demonstrate MicroSludge® and anaerobic digestion at the Catalyst Pulp and Paper Mill in Crofton, BC. The plant will process waste activated sludge (WAS) from the mill’s effluent treatment plant to show how it can be turned into biogas.
Read MoreGreenAngel Energy Corporation announces the granting of 400,000 options to purchase common shares to its officers and directors under its Incentive Stock Option Plan.
Read MoreGreenAngel Energy Corporation is pleased to announce that it has completed its previously announced non-brokered private placement of 1,998,546 units for gross proceeds of $300,000. The private placement was fully subscribed for. As part of the offering, the directors of GreenAngel purchased 15% of the available units.
Read MoreGreenAngel Energy investee company Habitat Carbon Assets have partnered with Brazil’s second largest pig iron producer to reduce greenhouse gas emissions and in the process generate up to $4 million worth of UN certified carbon credits.
Read MoreDPoint Technologies Inc. (www.dpoint.ca) have closed a financing round totaling 2.6 million US dollars. The proceeds will be used primarily for working capital funding dPoint’s growth and to expand sales and R&D activities.
Read MoreGreenAngel Energy investee company, dPoint Technologies, has signed supply agreements for its energy-efficient polymer membrane and Energy Recovery Ventilator (ERV) components with two major manufacturers of building ERV systems.
Read MoreGreenAngel Energy Corporation reports that investee company Light-Based Technologies Inc. (“LBT”) have closed a financing round totaling 7.5 million US dollars. The Series B round of investment was lead by VantagePoint Venture Partners based in San Bruno, CA. As part of the investment, VantagePoint’s Managing Director, Marc van den Berg has joined the board of LBT.
Read MoreGreenAngel Energy Corporation announces that it has revised the terms of its non-brokered private placement, previously announced on September 20, 2010. GreenAngel intends to raise a minimum of $150,000 and a maximum of $300,000 from the issuance of units.
Read MoreDuring the reporting period, GreenAngel assets increased by $421,200 (20.2%), due to a major institutional financing completed by one of the GreenAngel investee companies, Light-Based Technologies Inc.(“LBT”), at a price of 52 cents per share. The Company holds 1,560,000 shares in LBT which it acquired in October, 2009 for 25 cents per share, representing a 108% increase in value.
Read MoreRapid Electric Vehicles (“REV”) has received another contract for its revolutionary bi-directional charging technology for micro-grids. The contract represents important revenue to REV, who expects current year revenues to increase by 400% over last year.
Read MoreGreenAngel Energy is pleased top announce the appointment of Bob de Wit as Chief Executive Officer effective immediately. Mr. de Wit replaces Michael Volker who was President and CEO of the Corporation. Mr. Volker remains on the Board of Directors as Chairman and President.
Read MoreGreenAngel Energy announces the granting of 400,000 options to purchase common shares to its officers and directors under its Incentive Stock Option Plan. The options are exercisable at an exercise price of $.20 for a period of five years and they are subject to a three year vesting provision.
Read Morereports that Delaware Power Systems Inc (“DPS”) and Light-Based Technologies Inc. (“LBT”), two of its investee companies have closed financing rounds totaling $6 million dollars. LBT closed a Series A round of $2 million, and DPS closed a Series A round of $4 million.
Read More(Vancouver, BC, February 2, 2010) GreenAngel Energy Corp (“GreenAngel”) (TSX-V: GAE) has entered into a Memorandum of Understanding (“MOU”) with Rapid Electric Vehicles Inc. (“REV”) to raise up to [...]
Read More(Vancouver, BC, January 27, 2010) GreenAngel Energy (GreenAngel) (TSX-V: GAE) is pleased to report that three of its investee companies, Delaware Power Systems, Light-Based Technologies, and Rapid Electric Vehicles [...]
Read More(Vancouver, BC, December 8, 2009) GreenAngel Energy Corp (TSX-V: GAE) is pleased to announce the following progress from its investments in Rapid Electric Vehicles Inc., Paradigm Environmental Technologies Inc [...]
Read MoreANGELWEST CAPITAL CORP. (the “Corporation”) (TSX-V:AWC.P) announces that the 2009 Annual General Meeting of Shareholders (the “Meeting”) was held on Friday, May 29, 2009, at which the following individuals [...]
Read MoreAngelwest Capital Corp., a capital pool company, is pleased to announce that on April 18, 2008 it successfully completed its initial public offering (the “Offering”) through its agent, Leede Financial Markets Inc. (the “Agent”), of 2,000,000 common shares (the “Shares”) for gross proceeds of $400,000.
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