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Day4 Energy closes US$100 million IPO

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GMP Securities and CIBC World Markets

On December 6, 2007, Day4 Energy Inc. announced the completion of its initial public offering of 13,800,000 common shares for gross proceeds of $100,050,000. The offering was underwritten by a syndicate of underwriters led by GMP Securities L.P. and CIBC World Markets Inc., and including Canaccord Capital Corporation, Blackmont Capital Inc. and Raymond James Ltd. Day4 Energy designs, manufactures and sells photovoltaic ("PV") modules exclusively under the Day4 brand. Day4 Energy's PV modules incorporate the company's patented Day4 Electrode technology and are currently built using multi-crystalline silicon PV cells that are manufactured for Day4's exclusive use by third parties in accordance with Day4's proprietary design. The underwriting syndicate was advised by Fasken Martineau with a team that included Georges Dubé, Georald Ingborg and Amanda MacAdams.


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