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Carthew Bay Technologies Extends Closing Deadline of RTO Agreement With Colorep, Inc.

Mon, 20 Jul 2009 13:50:00 GMT

TORONTO, July 20, 2009 (GLOBE NEWSWIRE) -- Carthew Bay Technologies Inc. (OTCBB:CWBYF) (the "Company" or "CBT"), formerly Astris Energi Inc., announced today that it has agreed to extend the closing deadline of the transaction with Colorep, Inc. ("Colorep") whereby shares of CBT will be exchanged for all of the issued and outstanding shares of Colorep (the "RTO").
This arrangement remains subject to approval by Colorep's bank, PNC.
"We believe that delays in the closing of this transaction have stemmed largely from Colorep's financing activities.

Carthew Bay Technologies Re-negotiates RTO Terms With Colorep, Inc.

Tue, 28 Oct 2008 02:15:00 GMT

Carthew Bay Technologies Inc. , formerly Astris Energi Inc., announced today that it has re-negotiated the terms of the transaction with Colorep, Inc. whereby shares of CBT will be exchanged for all of the issued and outstanding shares of Colorep .[More...]

Carthew Bay Technologies Provides Update for the Reverse Takeover Transaction With Colorep, Inc.

Fri, 05 Sep 2008 16:29:00 GMT

Carthew Bay Technologies Inc. , formerly Astris Energi Inc., provided shareholders with an update of the transaction whereby shares of CBT will be exchanged for all of the issued and outstanding shares of Colorep .[More...]

Carthew Bay Technologies Updates Timeline for the Reverse Takeover Transaction With Colorep Inc.

Tue, 08 Jul 2008 20:38:00 GMT

Carthew Bay Technologies Inc. , formerly Astris Energi Inc., provided an update of timeline regarding the closing of the transaction whereby shares of CBT will be exchanged for all of the issued and outstanding shares of Colorep .[More...]

Carthew Bay Technologies Executes Merger Agreement and Advances Second $1 Million of Secured Debenture Financing

Wed, 28 May 2008 13:09:00 GMT

Carthew Bay Technologies Inc. , formerly Astris Energi Inc., announced today that it has executed the Agreement and Plan of Merger , a transaction whereby shares of CBT will be exchanged for all of the issued and outstanding shares of Colorep Inc. , and also advanced the second $1 million in respect of the secured debenture financing related thereto.[More...]