Article: World Energy Announces New Financing of up to US$2.5 Million.

WORCESTER, MA, Nov. 5 /PRNewswire-FirstCall/ -- World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, today announced it has entered into an agreement with Bond Capital, Ltd. (Bond), a strategic partner of the Company, for the purchase of up to US$2.5 million of Company common stock.

Pursuant to the agreement, the purchasing entity, an affiliate of Bond, will acquire US$1.0 million of World Energy's common stock at US$2.97 per share. World Energy has agreed to offer the additional US$1.5 million in Company shares on the same terms to Bond or its designee - with price to be determined at the time ...

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