Grande West Transportation Lists on the TSX Venture Exchange - Video News Alert on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2013) - Grande West Transportation (TSXV: BUS) is one the latest new listings on the TSX Venture Exchange. The company completed an initial public offering of 10 million shares at $0.50 per share, raising gross proceeds of $5 million, with Euro Pacific Canada and Richardson GMP acting as agents for the offering. The prospectus is available for viewing on Sedar.com.
InvestmentPitch.com has produced a "video news alert" which provides a brief overview of Grande West Transportation. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Grande West" in the search box.
If you cannot view the video above, please visit:
In response to a Request for Information by BC Transit, a crown agency of the Province of British Columbia, the company was created in 2008 to design and develop a 27.5 foot bus, known as the "Vicinity".
The Vicinity is a community shuttle bus transportation innovation that was conceived to meet the demand for a greener compact bus than what was currently available in North America. It also had to be easily accessible and customizable to meet each customer's unique needs, capacity requirements and seating configuration.
The Vicinity bus appropriately began its first trials during the 2010 Olympic and Paralympic Games in Vancouver. It was successfully tested over a 21 month period in a variety of climate conditions and terrain, resulting in certification by the Canada Motor Vehicle Safety Standard, Transport Canada, and the British Columbia Ministry of Transportation. Following the delivery of the first 15 Vicinity buses to BC Transit in August 2013, Grande West has received orders and started production on 10 buses for Quebec and 3 for a Nova Scotia transit authority.
For more information, please visit the company's website at www.grandewest.com.
InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases and research reports.
Barry Morgan, CFO