Covalon Lands Distribution Deal With Medline

Covalon Lands Distribution Deal With Medline
Covalon Technologies Ltd. (TSXV: COV) share price received a boost after announcing a distribution agreement with Medline Industries Inc., the largest privately held medical distributor in the United States. Medline will be distributing Covalon-branded products lines into its extensive United States customer base. Shares of Covalon were up 37% reaching a day high of $1.49 on above average volume and... Read More

Electrovaya Signs $288 Million LOI

Electrovaya Signs $288 Million LOI
Electrovaya Inc. (TSX: EFL) today announced that the company has signed a Letter of Intent with a leading Global Original Equipment Manufacturer for the delivery of battery modules for Residential Energy Storage to start delivery of electric bus batteries in Q1 of 2017. The value of the agreement is estimated to be worth $288 million over the course of three years. ... Read More