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ARTICLE | Company News

Caprion, Ecopia deal

January 8, 2007 8:00 AM UTC

EIA and Caprion will merge, contingent upon completion of a C$30 million ($25.7 million) private placement. Caprion shareholders will receive 69.9 million EIA shares, representing 50% of the newco's total shares outstanding after the placement. Caprion President and CEO Lloyd Segal will be CEO, and EIA President and CEO Pierre Falardeau will be COO. ...