published: April 7, 2017
WARSAW, POLAND – Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) will have eight of its Automotive brands on display at the International GasShow, the world’s largest trade fair and industry meeting for the liquid petroleum gas (“LPG”), compressed natural gas (“CNG”) and liquid natural gas (“LNG”) sector.
Westport Fuel Systems is driving innovation to power a cleaner tomorrow. The company offers a wide range of alternative fuel solutions, complementary technologies and an expanded product portfolio for global transportation and industrial applications, serving customers in more than 70 countries worldwide.
Brands attending the GasShow 2017 are BRC, Cubogas, EMER, GFI, Prins, OMVL, Valtek and Zavoli, each with a unique product offering. Bart van Aerle, Vice President, will be a key speaker on the panel “Think locally and operate globally - opportunities and barriers for market development”.
Westport Fuel Systems GasShow highlights:
Visit Westport Fuel Systems at the GasShow at Stand L1.
For more information on the GasShow, visit http://gasshow.pl/en/
At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are inventors, engineers, manufacturers and suppliers of advanced clean-burning fuel systems and components that can change the way the world moves. Our technology delivers performance, fuel efficiency and environmental benefits to address the challenges of global climate change and urban air quality. Headquartered in Vancouver, Canada, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.
Early Termination of Debenture Tender Offer and Cancellation of Meeting of Debentureholders
Enhanced Liquidity and Continued Execution on Stated Goals
To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call on Monday, August 14, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).
Westport Fuel Systems Inc. announced today the exercise of the underwriters' option from its previously announced offering to purchase an additional 2,425,000 common shares at the Offering price of US$1.50 per share. With the exercise of the option, Westport issued a total of 19,125,000 common shares under the offering for gross proceeds of US$28,687,500.
Westport Fuel Systems Inc. announced today the closing of its previously announced offering of 16,700,000 common shares at a price of US$1.50 per share, for gross proceeds of US$25,050,000.