10:05 AM EST - Grand Power Logistics Group Inc. : said it plans to proceed with a non-brokered private placement to raise up to $1.7 million by issuing up to 8.5 million common shares at a price of $0.20 per common share. The shares are subject to a four-month hold period from the closing date of the private placement. Grand Power Logistics Group Inc.
shares V.GPW are trading unchanged at $0.10.
