09:56 AM EST - Electrovaya Inc. : Provided the following business updates: The Company's order backlog currently exceeds $13 million due to strong customer demand. In order to fulfill the growing volume of customer purchase orders, Electrovaya has secured a $7-million credit facility from a Canadian financial institution. The Company is targeting completion of deliveries for the recently announced Walmart Canada orders in the quarter, ending March 31, 2020, and anticipates a positive EBITDA for that quarter barring unforeseen circumstances. Electrovaya Inc.
shares T.EFL are trading up $0.005 at $0.20.
