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Rail News: Financials

Taking stock, part 2: RailPower positioned for TSX transition

On March 9, RailPower Technologies Corp. officials announced that the transition to the TSX will occur March 10. The trading symbol for RailPower's shares will remain "P."

RailPower, which has 25,001,220 shares issued and outstanding, will be delisted from the TSX Venture Exchange concurrently with the migration to the TSX.

RailPower markets the hybrid, battery-powered 2,000-horsepower Green Goat™ and 1,000-horsepower Green Kid™ switching locomotives, which are designed to reduce NOx and other emissions, and cut fuel usage compared with other switchers.

Contact Progressive Railroading editorial staff.

More News from 3/9/2004