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Carmanah Goes Private!

Carmanah Goes Private!

Carmanah Technologies Corporation announced the completion of the previously announced plan whereby CMH Acquisition Corp. (“CMH”) has acquired all of the issued and outstanding common shares of the Company it did not already own for C$7.35 per Common Share.

With the Arrangement now complete, the Company has applied to de-list the Common Shares from the Toronto Stock Exchange, and expects to apply to cease to be a reporting issuer under applicable Canadian securities laws.

“This transaction provides fair value for our shareholders and will allow the Company to continue its development in a much more efficient and private company structure',  said John Simmons, CEO.

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