Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL”, “us”, “our”, “we” or the “Company”) today reported its unaudited consolidated financial results for the third quarter ended September 30, 2019. The unaudited consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at sedar.com or at empind.com.
Empire announces that James Chui has been appointed as Non-Executive Chairman, and that a company he controls has agreed to advance a $2 million unsecured related party loan to Empire.
After winning the IAAPA Innovation Award for the past four years, Dynamic Attractions celebrated two new Brass Ring Award wins at this week’s IAAPA Expo in Orlando.
Empire is pleased to announce that it has entered into a Purchase and Sale Agreement to re-acquire 100% ownership of its subsidiary (the “Acquisition”), Dynamic Entertainment Group Ltd. (“DEGL”). Empire will purchase the remaining 26.5% of DEGL’s outstanding shares from Jolly Admire Limited (“Vendor”) for $3,810,000 by the issuance of 381,000 convertible preferred shares in the capital of Company (the “Preferred Shares”), which Preferred Shares will have a redemption value of $10, accrue dividends at 8% per annum and are convertible into common shares of the Company at $0.45 per common share for a period of 36 months from the date of issue and thereafter for $0.75 per common share until 60 months from the date of issue.
Dynamic Attractions, a steel company that built Orlando rides, will now focus exclusively on attractions
Original story in Orlando Weekly by Ken Storey Dynamic Attractions is well-known within the amusement industry, but many are surprised to find this leading thrill ride design firm is owned by a steel-fabrication company. But that’s about to change. Known for their ride systems used on Disney’s Soarin’ and their Test Track system, Dynamic Attractions …
Camped Out at IAAPA Expo By Arthur Levine | Funworld I used to love going to summer camp. The time of year notwithstanding, IAAPA Expo reminds me of those long-ago cherished experiences. We come from all over and, with great anticipation, return to the same place every year. We gather around the equivalent of a …
