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Prospect News home > News index > List of issuers I > Headlines for ICP Solar Technologies, Inc. > News item
Published on 6/11/2008 in the Prospect News PIPE Daily.

ICP Solar wraps $3.3 million convertible debentures sale

By Devika Patel

Knoxville, Tenn., June 11 - ICP Solar Technologies Inc. said it raised $3.3 million in a private placement of 11% senior convertible debentures and warrants.

The investment was led by BridgePointe Master Fund Ltd. managed by Roswell Capital Partners.

Proceeds will be used toward working capital and to continue to expand the company's proprietary portfolio of solar products, patents, trademarks and their distribution channels.

Montreal-based ICP develops solar cell-based products and building materials.


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