Synergy Raises Funds

July 30, 2002 [] Synergy Technologies Corporation has made progress in management’s goal of increasing institutional ownership in Synergy as the company’s core technologies approach commercialization. Synergy has completed a US$500,000 common stock private placement with the company’s largest institutional shareholder, a private energy investment fund. The fund purchased 1,246,884 restricted shares of Synergy common stock at US$.401 per share. Funds from this offering will be used for the continuing development of Synergy’s two proprietary technologies, SynGen and CPJ, and for general working capital purposes.
Previous articleCalifornia Retailer’s Energy Deal With TruePricing
Next articleAdvanced Energy Systems Signs US$3.7 M Contract

No posts to display