I2BF Global Ventures (“I2BF”), the international clean technology asset management group, has announced the listing of Nesscap Energy Inc (Nesscap Energy) on Toronto’s Stock Exchange, TSX Venture Exchange (TSX).
The listing follows a reverse takeover by Nesscap Inc, a portfolio company in I2BF’s flagship venture capital fund I2BF Holdings I (2006 vintage). I2BF has also invested in convertible notes of Nesscap Energy concurrent with the listing, with those notes convertible into common shares at the initial listing price.
Nesscap Energy is a specialist in developing effective power and energy solutions used in transportation, industrial power, renewable energy and other consumer industries. It is particularly renowned for its award-winning range of ultracapacitor products, used in a variety of applications ranging from portable electronic devices to hi-tech “green” cars.
Ilya Golubovich, Founder and Managing Director of I2BF says: "We are delighted to be an integral part of Nesscap’s growth story. We believe that Nesscap Energy will remain a strong investment proposition in the coming years as it continues its global expansion. This listing on the TSX Venture Exchange will be integral to the business’ growth into new international markets, whilst also providing increased exposure to new commercial and strategic partnership opportunities. We are excited to have positioned the company so openly in a market that will value it and its growth prospects."
