Ballard Announces Close of $28.3M Strategic Equity Investment From Broad-Ocean

VANCOUVER, Aug. 18, 2016 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) today announced that a $28.3 million strategic equity investment made by Zhongshan Broad-Ocean Motor Co., Ltd. (“Broad-Ocean”; www.broad-ocean.com/en/index.html) has closed.

The Broad-Ocean investment,…

Source: http://www.prnewswire.com/news-releases/ballard-announces-close-of-283m-strategic-equity-investment-from-broad-ocean-590623841.html

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