Empire Industries Creates and Funds New R&D Subsidiary

WINNIPEG – October 13, 2020 – Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL” or the “Company”) is pleased to announce that it has completed the internal reorganization (the “Reorganization”) and the private placement by its subsidiary (the “Private Placement” and together with the Reorganization, the “Transactions”) described in its news release of October 8, …

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Empire Industries Announces Creation and Funding of New R&D Subsidiary

WINNIPEG – October 8, 2020 – Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL” or the “Company”) is pleased to announce that it intends to complete an internal reorganization (the “Reorganization”) to create a new research and development subsidiary named Dynamic Structures Ltd. (“DSL”) and immediately fund the operation of DSL with the proceeds from …

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Empire Amends Senior Credit Agreement

WINNIPEG – October 7, 2020 – Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL” or the “Company”) with reference to its prior news releases dated April 29, 2019 and July 15, 2020 is pleased to announce that it has amended its USD $28.7 million senior Credit Agreement effective as of today.  The material amendments to …

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