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Westbridge Renewable Energy Corp. V.WEB

Alternate Symbol(s):  WEGYF

Westbridge Renewable Energy Corp. is a Canada-based renewable energy company. The Company is engaged in developing solar photovoltaics (PV) projects. Its projects include Sunnynook Solar PV, Dolcy Project, Eastervale Project, Red Willow Solar + Energy Storage Project, Accalia Point Solar PV, and Fiskerton Project. The Sunnynook Solar project is located in Southern Alberta, Canada and comprises of approximately 940 acres. The Dolcy Project is located in the Municipality of Provost, in east-central Alberta, Canada. The Accalia Point Solar PV is located in Cameron County, Southern Texas, United States. The Fiskerton Project is a 53 Megawatts (MW) project in Lincoln, United Kingdom. The Red Willow Solar + Energy Storage Project target capacity is 225 MWac solar photovoltaic and 100MW/200MWh of Battery Energy Storage System (BESS).


TSXV:WEB - Post by User

Comment by McLucason Mar 11, 2010 11:49am
314 Views
Post# 16871129

RE: Shares dillution can now begin

RE: Shares dillution can now beginLooks like they skip the 0.15 pp and go directly  to .10 pp.  Cotter likes to take a fast and easier route.


Westbridge arranges $400,000 private placement

2010-03-10 14:56 ET - News Release

Mr. Martin Cotter reports

WESTBRIDGE ANNOUNCES FINANCING

Westbridge Energy Corp. has arranged a non-brokered private placementfinancing of $400,000. The offering consists of units at 10 cents perunit. Each unit consists of one common share and one-half warrantentitling the holder to purchase one common share for each full warrantexercised at price of 12.5 cents per share for a period of 24 months.The proceeds will be used for general working capital.

The company continues to review various oil and gas exploration and development opportunities.



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