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Warrants Alert

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Address: 105 - 9955 De Catania Ave
Brossard QC J4Z 3V5
Phone: 450 678 5277
Fax: 450 678 8095
Website - http://www.railpower.com/
 
Warrant Symbol - P.WT
Number Trading - 15,000,000
Expiration Date - Feb. 12, 2010
Cusip - 750758 11 2
Exercise Price - $1.25

Warrants called to trade news

RailPower to list 15 million warrants on Feb. 13

2007-02-09 20:21 ET - Warrants Called to Trade
TSX bulletin 2007-0187
A total of 15 million common share purchase warrants of Railpower Technologies Corp. will be listed and posted for trading at the open on Tuesday, Feb. 13, 2007, under the following information:

Warrant symbol: P.WT
Warrant Cusip No.: 750758 11 2
Designated market-maker: BMO Nesbitt Burns Inc.
Other markets: None

Transfer agent: Computershare Trust Co. of Canada at its principal offices in Montreal and Toronto. The warrants will be issued pursuant to short form prospectus dated Feb. 6, 2007, whereby 30 million units are to be sold at a price of $1 per unit. Each unit comprises one common share and one-half warrant. Each whole warrant entitles the holder to purchase one additional common share of the company at a price of $1.25 at any time prior to 4:30 p.m. (Toronto time) on Feb. 12, 2010. The common shares and the warrants comprising the units will separate immediately upon closing of the offering. The closing of the offering is expected to occur prior to the open on Tuesday, Feb. 13, 2007. The warrants will be governed by the terms of a warrant indenture to be dated Feb. 13, 2007, between the company and Computershare Trust Co. of Canada, as trustee. The warrant indenture will provide
for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

Details of the additional listing of the common shares can be found elsewhere in today's bulletins.




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