Fuel Cell Companies listed in Canada

[Tackler]

Astris Energi picks Brandt as director

2005-07-11 18:47 ET - News Release

An anonymous director reports

ASTRIS ENERGI WELCOMES INDUSTRY VETERAN TO BOARD

Astris Energi Inc. has appointed Gary G. Brandt, formerly chief financial officer of Hydrogenics Corp., to the board of directors, effective immediately.

Mr. Brandt is a senior business leader with extensive cross-industry and cross-border experience in alternative energy, telecommunications and technology. From 2001 to 2005, he was CFO of Hydrogenics, a hydrogen and PEM fuel cell technology company based in Toronto. During his tenure, the company completed a fully marketed equity offering that raised $62-million (U.S.) with excellent participation from U.S. institutional investors. As well, the company completed three acquisitions, including the acquisition of Stuart Energy for $120-million (U.S.). Mr. Brandt played an instrumental role in the integration of these companies. Business development initiatives launched during his tenure drove a five-fold increase in revenues at Hydrogenics to pro forma $35-million (U.S.). During the same period, United States institutional ownership of Hydrogenics increased from zero to more than 30 per cent. Prior to his position at Hydrogenics, Mr. Brandt was CFO of Colorado-based @Link Networks. Mr. Brandt completed his bachelor of commerce (honours) degree at Queen's University, Kingston, Ont., and his master of business administration at York University, Toronto.

"Gary Brandt is a well-respected industry leader with an enviable track record," said Jiri K. Nor, chairman and chief executive officer. "He has raised capital, overseen mergers and acquisitions, and delivered revenue growth specific to our industry. Our board will benefit from his energetic presence and his demonstrated expertise in business development and capital markets financing. As Astris evolves into the next stage of business development, I expect Gary will play an ever-increasing role in our company's future success."

[Tackler]

OK I will to then...

W2 Energy Inc. Announces Development of Rotary Hydrogen Engine

2005-03-22 06:30 ET - News Release

NEW YORK, March 22, 2005 (PRIMEZONE) -- W2 Energy Inc. (Pink Sheets:WWEN), a developer of Green Energy technologies, is pleased to announce that -- in conjunction with the University of Toronto -- they have begun to develop their Rotary Hydrogen Engine.

The engine is a compact high output engine based on previous patents owned by W2 Energy Inc. The engine will run on various fuels such as hydrocarbons, compressed natural gas and hydrogen. W2 will utilize the engine technology to produce further amounts of electricity from the abundance of hydrogen produced at its Hydrogen Plasma Black Reactor plant that converts bio-mass to GTL (Gas to Liquid) and electricity without any discharged atmospheric gases, scheduled to break ground in Ontario in early summer.

W2 Energy Inc. is focused on expanding the commercial reach of its Alternative Power Producing technologies such as its large-scale combination electrical /GTL (Gas to Liquids) fuel plants.

About W2 Energy Inc.

W2 Energy Inc. is a growing, publicly traded company on the OTCBB (Symbol WWEN) that develops renewable energy technologies and applies it to new generation electrical power systems. Specifically, W2 Energy Inc. produces Green Power utilizing its core-patented technologies to produce green power generating and clean transportation fuel plants utilizing biomass and GTL technologies. W2 Energy Inc. has seasoned management and cutting edge technology. W2 Energy Inc. owns a large technology portfolio of patents and know-how that has been extensively validated and ready for commercial production.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.

CONTACT: W2 Energy Inc.
Mike McLaren
[phone]

[Ed Monton]

Its my thread and I'll post if I want to...

[Tackler]

(Old)Zongshen names Anderson CFO; hires Tiger for IR

2005-06-22 08:45 ET - News Release

Dr. Mihai Talaba reports

ZONGSHEN PEM POWER SYSTEMS ANNOUNCES CFO AND INVESTOR RELATIONS APPOINTMENTS

Zongshen PEM Power Systems Inc. has filled two key positions to take the company forward in its next phase of growth -- chief financial officer (CFO) and investor relations. Simon J. Anderson was appointed CFO effective May 24, 2005. Tiger Capital Corp. of Toronto has been engaged to develop and execute a comprehensive investor relations strategy.



A chartered accountant with over 19 years experience in the financial markets, Mr. Anderson brings extensive expertise to Zongshen PEM in the areas of corporate finance, financial consulting, mergers and acquisitions, and securities markets valuation. For the last eight years, Mr. Anderson has been vice-president of MCSI Consulting Services Inc., a company that provides consulting expertise in the areas of regulatory compliance, exchange listings, securities valuation and financial operations. Previously, he was with BDO Dunwoody Chartered Accountants and Consultants, and with Collins, Barrow Chartered Accountants. Currently, Mr. Anderson is also a director/officer on the board of directors for a number of publicly traded companies including those traded on the Toronto Stock Exchange, the Nasdaq Stock Market, the American Stock Exhange and the OTC Bulletin Board.

Tiger Capital manages a diverse investment portfolio and provides a full range of investor relations services for publicly traded companies, creating for them a strong market presence and professional image. The Tiger Capital commitment to clients is to create greater awareness and increase shareholder value. Under the leadership of founder and president Trevor Burns, Tiger Capital has developed a strong record in enhancing company-name recognition and maximizing shareholder value.

For its services to Zongshen PEM, Tiger Capital will receive $4,000 per month for an initial term of three months, subject to, and conditional upon, TSX Venture Exchange approval.

"These appointments bring valuable experience and skill sets to our company," said president of Zongshen PEM, Dr. Jim Wei. "Mr. Anderson's financial expertise and Tiger Capital's proven capability and credentials will assist us in taking the company forward and increasing our exposure to the financial community."

[Tackler]

Hmm... listed in Canada?

[Tackler]

(Old) Zongshen PEM picks Britton to chair advisory board

2005-04-05 19:23 ET - News Release

Mr. Jim Wei reports

ZONGSHEN PEM POWER SYSTEMS INC. ANNOUNCES RONALD BRITTON'S APPOINTMENT AS CHAIRMAN OF ITS ADVISORY BOARD

Zongshen PEM Power Systems Inc. will be engaging Ronald Britton as the chairman of its advisory board. In his role as the chairman of advisory board, Mr. Britton will assist in Zongshen PEM's efforts in identifying potential strategic partners for Zongshen PEM, negotiating joint ventures, partnership agreements and co-operation agreements; planning operating budgets; and obtaining government funding from various government agencies.

Mr. Britton recently retired as the president and chief executive officer of Fuel Cells Canada in 2004. In his capacity as the president and chief executive officer of Fuel Cell Canada, Mr. Britton advocated the development and commercialization of the Canadian fuel cell industry to provincial and federal agencies. The company believes that his experience in dealing with various government agencies will assist Zongshen PEM to seek out and secure government funding for its research and development of fuel cell technologies.

Before Mr. Britton joined Fuel Cell Canada, he served as the senior vice-president of emerging energy application at Methanex from 1999 to 2002. In that capacity, Mr. Britton gained significant experience in the renewable and non-renewable energy industry. His successful record in developing agreements with international business partners in a highly technical environment and his experience in developing strong business and project relationships with government agencies will provide Zongshen PEM a level of contacts and experience needed for future success.

"Mr. Britton brings a level of contacts that can give us access to many important decision makers in government and in international and domestic corporations. Mr. Britton's knowledge and experience in developing strategic alliances with international business partners, planning and operating budgets and managing large technologically advanced companies will assist us in implementing our development strategies," said Jim Wei, Zongshen PEM's president

[Tackler]

ZPP posted on wrong board...

http://www.investorshub.com/boards/read_msg.asp?message_id=6901815

[Ed Monton]

PLUG

[Ed Monton]

BLD

Nice double bottom

[Ed Monton]

Hydrogenics Corporation De-lists Stuart Energy Systems Corporation

MISSISSAUGA, ONTARIO, February 17, 2005 - Hydrogenics Corporation (NASDAQ: HYGS; TSX: HYG) announced today that it has completed its compulsory acquisition of the remaining shares of Stuart Energy Systems Corporation (TSX: HHO) and that Stuart Energy has now been de-listed from the Toronto Stock Exchange.

Hydrogenics acquired 93% of the outstanding shares of Stuart Energy pursuant to a take over bid which expired on January 20, 2005. With the completion of the compulsory acquisition Stuart Energy is now a wholly owned subsidiary of Hydrogenics.

About Hydrogenics

Hydrogenics Corporation (http://www.hydrogenics.com) is a leading global developer of clean energy solutions, advancing the Hydrogen Economy by commercializing hydrogen and fuel cell products. The company has a portfolio of products and capabilities serving the hydrogen and energy markets of today and tomorrow. Hydrogenics, based at 5985 McLaughlin Road, Mississauga, Ontario, Canada, has operations in North America, Europe and Asia.

About Stuart Energy

Stuart Energy Systems Corporation (http://www.stuartenergy.com) is the world's leading developer and supplier of integrated hydrogen infrastructure solutions based on water electrolysis. Stuart Energy integrates its proprietary hydrogen generation technology with products from corporate partners to serve existing and emerging markets for industrial, distributed power generation and transportation applications.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Law of 1995. These statements are based on management's current expectations and actual results may differ from these forward-looking statements due to numerous factors, including changes in the competitive environment adversely affecting the products, markets, revenues or margins of Hydrogenics' business. Readers should not place undue reliance on Hydrogenics' forward-looking statements. Investors are encouraged to review the section captioned "Risk Factors" in Hydrogenics' regulatory filings with the Canadian securities regulatory authorities and the United States Securities and Exchange Commission for a more complete discussion of factors that could affect Hydrogenics' future performance. Furthermore, the forward-looking statements contained herein are made as of the date of this release, and Hydrogenics undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. The forward-looking statements contained in this release are expressly qualified by this.

[Ed Monton]

FCT

[Ed Monton]

HYG

[Ed Monton]

BLD

[Ed Monton]

Boom goes the dynamite!

[Ed Monton]

SAY it aint so!

[Tackler]

SAY Sparta names Eldred and Ludwig new officers

2005-04-06 12:44 ET - News Release

Mr. Tom Brown reports

SPARTA CAPITAL LTD. ANNOUNCES NEW OFFICERS

Sparta Capital Ltd. has named Revett Eldred to join Sparta's senior management team as vice-president of marketing and business development. Raymond S. Ludwig, general manager of Sparta's Hy-Drive distribution project, has accepted the position of vice-president of operations.

Mr. Eldred founded Minerva Technology, a Calgary-based computer services and custom system development company, in 1985. The company was profitable every year of its existence. Twelve years after incorporation, it was debt-free, had no outside investors, employed 250 people, and sold for cash. During 2004, Mr. Eldred was entrepreneur in residence at Calgary Technologies Inc., a business incubator, providing guidance and mentoring to technology entrepreneurs in the Calgary region.

Ted Rousseau, president of Sparta, reports, "Mr. Eldred is a key addition to our management team, bringing years of valuable business experience and a reputation for business excellence that is recognized across Canada and internationally." Mr. Eldred will focus on the development of market opportunities for the revolutionary Hy-Drive hydrogen generating system in Sparta's master agency territories across the Asia-Pacific region.

Mr. Eldred attended the Royal Air Force College and the University of Birmingham in England and later graduated from Harvard Business School's owner-president management program. Mr. Eldred's company, Minerva Technology, was twice ranked among Canada's 50 fastest-growing businesses and was a 1991 winner of the prestigious Canada Award for business excellence. Minerva was rated by Microsoft as one of that company's three best partners worldwide and twice won awards for best computer applications developed using Microsoft products. Mr. Eldred was once ranked Calgary business person of the year and was profiled as one of ten successful immigrants in the Canadian government pavilion at the Seville World Fair.

[Tackler]

HGS...

[Tackler]

Westport consortium gets $6-million government funding

2005-04-04 09:20 ET - News Release

Ms. Barbara Barry reports

WPT WESTPORT ANNOUNCES NEW FUNDING FOR HYDROGEN BUS DEMONSTRATION

Westport Innovations Inc. and a consortium of partners led by Sacre-Davey Innovations Inc., have been awarded approximately $6-million by the government of Canada to develop and demonstrate hydrogen technology in energy and transportation applications.

This new funding award relates to a previously announced Vancouver-based demonstration of public transit buses fuelled with compressed natural gas (CNG) and hydrogen-enriched natural gas known as HCNG. Further details about this project and partners will be disclosed at a later date.

[Tackler]

BLD...

[Tackler]

HYG...

[Tackler]

HYG Hydrogenics enters first European fuel cell project

2004-11-19 09:37 ET - News Release

Mr. Gary Brandt reports

Hydrogenics Corp. has been contracted by the Ministry for Transport Energy and State Planning of the State North-Rhine-Westphalia (NRW), Germany, to develop a fully operational electric hybrid "midi-bus." The propulsion system of the 17-foot European-manufactured bus platform will be based on the company's high-performance fuel cell hybrid design that integrates HyPM power module technology. Also under the terms of the contract, Hydrogenics will supply full-scale testing and select demonstrations in NRW. The contract is a cost share arrangement in which NRW will finance 50 per cent of the project cost up to 566,000 euros (approximately $735,000 (U.S.)).

"This is an exciting opportunity for Hydrogenics as we undertake our first European fuel cell integration project in an effort to advance the commercialization of fuel cell technology in this key region," said Pierre Rivard, Hydrogenics president and chief executive officer. "It is very gratifying that NRW has recognized the strengths of Hydrogenics' technology and technical support. From the time of our acquisition of Enkat in 2002, NRW's progressive stance on new energy technologies and international collaboration has made them an important partner for Hydrogenics. In the context of this project, the state has voiced some exciting ambitions around the demonstration and deployment of zero-emission transit technology and we would like very much to be there with them as they strive for these outcomes.

"The project and its assessment will take place over a one-year period. Demonstrations are expected to be under way by the middle of next year."

[Ed Monton]

Palcan Changes Company Name to Palcan Power Systems Inc.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 9, 2004) -
Palcan Fuel Cells Ltd. (TSX-V:PC) today announced that effective
Tuesday, August 10, 2004 the Company's name will become Palcan
Power Systems Inc., subject to formal approval of the TSX Venture
Exchange. This change of name was approved by the Company's
shareholders at the Annual Meeting of Shareholders that was held
on June 8, 2004.

The Company's trading symbol on the TSX Venture Exchange will
remain unchanged as "PC" Its CUSIP number for common shares will
also remain unchanged as 696263102.

"This change in Palcan's name clearly emphasizes the significant
addition to our business of our metal hydride based, hydrogen
storage products," said Palcan's Chairman and CEO John Shen.
"Today we are much more than a fuel cell company. We have an
opportunity to significantly advance the packaged hydrogen
infrastructure that all smaller fuel cell products must rely upon
as well as address market opportunities for bulk storage and
transportation of hydrogen. Our new name encompasses both our
fuel cell products business and the large hydrogen storage
product opportunities that will become Palcan's primary business
focus as we move forward," he added.

Since Palcan issued its Annual Report in May, it has made
significant strides in its objective of becoming a sustainable
commercial business. In the Annual Report, six key goals for the
Company were laid out for completion by the end of the year.
Important progress on all of these goals has been made to date.

One of these goals, the completion of the engineering concept
fuel cell uninterruptible power supply, has been completed. This
device showcases Palcan's expertise in both the fuel cell power
module area as well as the practicality of Palcan's metal hydride
hydrogen storage canisters for this type of application. It was
shown to shareholders at the Company's Annual Meeting as well as
traveling to the 15th World Hydrogen Conference held in Tokyo,
Japan. The Company has also filed its first US patent in the
metal hydride canister area for a new concept of valve that
matches the needs of this product.

We have also significantly strengthened Palcan's Board of
Directors. Dr. Edwin Levy joined the Board at the Annual
Shareholders' Meeting. Dr. Levy is retired from a successful
career at QLT Inc. with experience in regulatory process,
business development and strategic partnering. Mr. David Demers,
CEO of Westport Innovations was appointed to the Board in August.
He has extensive experience in early stage companies as well as
experience and knowledge of hydrogen infrastructure issues and of
doing business in China. Dr. William Saywell, former President of
Simon Fraser University, has also agreed to join our Board,
pending formal appointment. Dr. Saywell played a key role in the
growth and success of Simon Fraser University for almost a decade
and has an in depth knowledge and understanding of China and Asia
which is a geographical focus for Palcan. These additions to the
Board of Directors are all made with the goal of ensuring that we
have the experience and expertise at the Board level to provide
the appropriate guidance, council, and oversight to Management
and the Company as it becomes a commercially oriented business.

We are also in the process of forming a Technical Advisory Group
(TAG) to assist and guide the Company's technical and product
development activities. The TAG will consist of noted technical
experts in the fuel cell and metal hydride areas.

The combination of the strengthened Board of Directors, the
Technical Advisory Group, and an enhanced internal discipline and
focus on commercial opportunities are the foundation to make
Palcan Power Systems Inc. a business success in the years to
come.

About Palcan

The Company is a leading developer and manufacturer of metal
hydride hydrogen storage products and proton exchange membrane
(PEM) fuel cell systems under 5 kilowatts. The Company's
proprietary and patent pending technologies form the core of the
PalPac(TM) Power Products. A unique and integrated fuel cell
power system aimed directly at low output applications where
batteries and smaller internal combustion engines (ICE) are the
power source. These include stationary, marine, military and
portable power applications. The Company's manufacturing,
research and development facilities are located in Burnaby,
British Columbia and Jiaxing, China. The Company trades on the
TSX Venture Exchange under the symbol "PC".

Certain matters discussed in this press release may contain
forward-looking statements that may involve risk and
uncertainties. Investors are cautioned that all forward-looking
statements involve risks and uncertainties, including but not
limited to; product development delays, the ability to attract
and retain business partners, competition from other fuel cell
manufacturers, competition from existing power technologies, and
the ability to provide the capital required for product
development, operations and marketing. Investors are encouraged
to review the Company's filings on SEDAR at www.sedar.com
including Corporate Financials and Annual Information Form (AIF).


-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Palcan Fuel Cells Ltd.
Daniel Gallagher
Corporate Communications
[phone] or Toll Free: 1-866-548-8868
Email: [e-mail]
Website: www.palcan.com
The TSX Venture Exchange has neither reviewed nor approved of the
contents of this news release.

[Tackler]

HYG had a good day

[Ed Monton]

Just came across this:

http://www.vrbpower.com/

[flyon]

Insider Trading activity posted for Hydrogenics at the Stockhouse HYG board

[Ed Monton]

New takeover bid for Global Thermoelectric
Last Updated Mon, 14 Jul 2003 10:14:11
TORONTO - Fuel cell company Global Thermoelectric Inc. (TSX:GLE) said Monday it has received an unsolicited takeover bid from an undisclosed firm that tops a $108-million stock-swap offer from Quantum Fuel Systems Technologies Worldwide.

Calgary-based Global said the new bid is a "superior proposal" to the April 2003 offer from California-based Quantum, adding that it plans to commence negotiations with the undisclosed party once a confidentiality agreement is signed.

Global said it still wants shareholders to review Quantum's offer and "is not making a recommendation as to how common shareholders should vote."

"Global will make a further announcement when either an agreement is entered into with respect to the competing proposal or discussions are discontinued," the company said.

The original offer from Quantum is due to close in the third quarter of this year.

Global Thermoelectric develops natural gas and propane-compatible solid oxide fuel cells for residential and light commercial applications, and makes thermoelectric stationary power generators for use in remote locations.

California-based Quantum - which is 19.9 per cent owned by General Motors - makes fuel systems for both automotive and stationary use.



Written by CBC News Online staff



http://www.cbc.ca/stories/2003/07/14/global_030714

[Ed Monton]

Snow Leapard has been suspended from trading:

TSX suspends Snow Leopard Resources Inc. (SNW.A)
Thursday June 26, 10:27 am ET


TORONTO, June 26 /CNW/ - The Class A common shares of Snow Leopard Resources Inc. (Symbol: SNW.A) are suspended from trading effective immediately, for failure to meet the continued listing requirements of TSX.

[Ed Monton]

Doesnt sound like good news for Snow Leapord:

May 13, 2003 Calgary, Canada

Snow Leopard Resources Inc. of Calgary announced today that efforts to reach a definitive agreement with Eltron Research, Inc. of Boulder, Colorado have been terminated.

Snow Leopard Resources Inc. (Snow Leopard) announced today that efforts to reach a definitive agreement with Eltron Research, Inc. of Boulder, Colorado (Eltron), with respect to licensing certain sulphur mitigation technology developed by Eltron, have been terminated. Snow Leopard had previously signed a Letter of Intent with Eltron with respect to the acquisition of worldwide licensing rights for the technology, which encompassed catalytic membrane reactor and hydrogen sulphide solid oxide fuel cell development. Snow Leopard has been unable to meet the Letter of Intent’s requirements with respect to the purchase of intellectual property rights.

Snow Leopard has recognized an impairment of the value of its patent portfolio. At this time, the Company does not have sufficient financial resources to complete the research and development required to commercialize its wholly-owned Proton Membrane Fuel Cell (PEM) technology. Therefore, the value of the patent portfolio has been reduced to nil and an amount of $1.25 million has been charged to amortization expense.

In light of these events and actions, the Board of Directors is presently considering the alternatives available to the Company.

The common shares of Snow Leopard Resources Inc. are listed on The Toronto Stock Exchange under the trading symbol SNW.A. For further information please visit our website at: www.snow-leopard.com or contact Snow Leopard Resources Inc. Tel: [phone].

[Ed Monton]

Global Thermoelectric being bought out.


Reuters
Quantum Fuel to buy Global Thermoelectric
Wednesday April 9, 8:21 am ET

CHICAGO, April 9 (Reuters) - Quantum Fuel Systems Technologies Worldwide Inc. (NasdaqNM:QTWW - News) said on Wednesday it would acquire Global Thermoelectric Inc. (Toronto:GLE.TO - News) in a stock swap valued at about $75 million.

Irvine, California-based Quantum, which makes systems for alternative-fuel vehicles and fuel cell applications, said it will purchase all the outstanding shares of Global Thermoelectric, a Calgary-based maker of power-generation products.

Under the agreement, Global shareholders would receive between 0.835 and 1.020 shares of Quantum stock for each share of Global common stock outstanding. The deal, expected to close in the third quarter, is subject to approval by shareholders of both companies.

The stock-swap ratio is to be determined by dividing the 20-day volume weighted average Quantum stock price ending three days before the Global shareholder meeting into $2.6284.

Quantum shares closed Tuesday at $2.32 on the Nasdaq stock market. Shares of Global Thermoelectric closed at C$2.45 on the Toronto Stock Exchange (News - Websites).

[Ed Monton]

I've added Hydrogenics to the header. I've been neglecting the board due to lack of time more than anything. One of these days I'd like to get around to comparing the companies against each other.

tf