Arise Announces Issuance of Drawdown Notice

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Arise Announces Issuance of Drawdown Notice

posted on Jul 21, 2011 09:13AM

ARISE Announces Issuance of Notice of $250,000 Drawdown under Committed Equity Facility

Press Release Source: ARISE Technologies Corporation On Thursday July 21, 2011, 8:00 am EDT

WATERLOO, ON, July 21, 2011 /CNW/ - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), a leader in high-performance, high-quality, cost-effective solar technology, today announced that it has issued a drawdown notice under its Committed Equity Facility Agreement with Haverstock Master Fund, Ltd. ("Haverstock") entered into with Haverstock in December 2009. The drawdown notice is in respect of a drawdown of $250,000. Closing of the drawdown is scheduled to be completed on or about July 29, 2011.

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