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 …