News
Tonbridge mum on MATL financing
Tonbridge Power Inc. has had its ups and downs trying to build a power line between Lethbridge and Great Falls.
It has regulatory approval to finish the power line, but company officials said in June that Tonbridge stood about $25 million short in financing to finish the project.
August 12, 2011
in Great Falls Tribune
Tonbridge Power Inc. has had its ups and downs trying to build a power line between Lethbridge and Great Falls.
It has regulatory approval to finish the power line, but company officials said in June that Tonbridge stood about $25 million short in financing to finish the project.
On Tuesday, Tonbridge officials said in a news release carried by Marketwire that it was suspending trading of its stock, which trades under the symbol TBZ on the Canadian exchange, pending a news announcement.
Officials were mum this week on whether the announcement relates to obtaining the final chunk of financing for the merchant... [continue via Web link]
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