Reuters :: Small Business News

Azure Dynamics to raise C$25 million via placing

(Reuters) - Hybrid electric and electric powertrains maker Azure Dynamics Corp said it has opened a private placement to raise up to C$25 million ($23.65 million), sending its shares 17.24 percent higher in London.<div class="feedflare"> <a href="http://feeds.feedburner.com/~f/reuters/smallBusinessNews?a=xDT6fK"><img src="http://feeds.feedburner.com/~f/reuters/smallBusinessNews?i=xDT6fK" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/reuters/smallBusinessNews?a=lGNu8k"><img src="http://feeds.feedburner.com/~f/reuters/smallBusinessNews?i=lGNu8k" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/reuters/smallBusinessNews?a=PW1tCk"><img src="http://feeds.feedburner.com/~f/reuters/smallBusinessNews?i=PW1tCk" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/reuters/smallBusinessNews/~4/371738127" height="1" width="1"/>