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

Byline: pinto03

Carthew Bay Technologies Inc. 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").

CBT and Colorep have agreed to extend the closing deadline of the RTO and related agreements to April 30, 2010, subject to Colorep facilitating CBT's filing of a Form F-1 Registration Statement with the SEC on or before October 31, 2009. In the event that Colorep does not meet these conditions prior to the filing deadline, CBT would have the option to ...

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