Dynamic Technologies Obtains CCAA Protection and Trading Suspension

WINNIPEG, March 9, 2023 – Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) (“Dynamic”, “Company”, “we” and “our”) announces that after the close of the market on March 9, 2023 it obtained an initial order for creditor protection (the “Initial Order”) from the Court of King’s Bench of Alberta (the “Court”) under the Companies’ Creditors Arrangement …

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Empire Closes Disposition of Non-Core Assets

TORONTO – February 26, 2021 – Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL”, “us”, “our”, “we” or the “Company”) is pleased to announce that further to its February 24, 2021 news release it has sold an aggregate of 12,538,595 common shares (the “Shares”) in the capital of Tornado Global Hydrovacs Ltd. (TSXV:TGH) at an average price of $0.168per Share for aggregate gross proceeds of CAD $2,107,942.50 (the “Transaction”).

Empire To Dispose of Non-Core Assets

WINNIPEG – February 24, 2021 – Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL”, “us”, “our”, “we” or the “Company”) is pleased to announce that, subject to the approval of the TSX Venture Exchange (“TSX-V”), the Company has entered into agreements with 10 arm’s-length purchasers to sell an aggregate of 12,538,595 common shares (the “Shares”) in the capital of Tornado Global Hydrovacs Ltd. (TSXV:TGH) (“Tornado”) at an average price of $0.168 per Share for aggregate gross proceeds of CAD $2,107,942.50 (the “Transaction”). The Company intends to close the Transaction as soon as possible and use the net proceeds of the Transaction for general working capital purposes.

Empire Industries Announces Name Change to Dynamic Technologies Group Inc.

TORONTO – February 22, 2021 – Empire Industries Ltd. (TSXV: EIL, OTC:ERILF) ( the “Company”) is pleased to announce that, effective Monday, March 1, 2021, its name will change to Dynamic Technologies Group Inc. and its stock trading symbol will change to TSXV:DTG (the “Name Change”). For our American investors, our OTC ticker symbol remains unchanged. The Company’s new CUSIP is 26801T102 and its new ISIN is CA26801T1021. The Company’s new website, www.dynamictechgroup.com, will also launch on March 1, 2021.

Empire Announces Private Placement of Convertible Preferred Shares

WINNIPEG – May 29, 2019 – Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce that it has closed the third tranche of the non-brokered private placement financing announced on April 25, 2019 of 90,000 convertible preferred shares (“Preferred Shares”) at an issue price of $10.00 per share (the “Issue Price”) …

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Empire Announces Private Placement of Convertible Preferred Shares

WINNIPEG – May 24, 2019 – Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce that it has closed the second tranche of the non-brokered private placement financing announced on April 25, 2019 of 185,000 convertible preferred shares (“Preferred Shares”) at an issue price of $10.00 per share (the “Issue Price”) …

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Empire Announces Private Placement of Convertible Preferred Shares

WINNIPEG – May 6, 2019 – Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce that it has closed the first tranche of the non-brokered private placement financing announced on April 25, 2019 of 250,000 convertible preferred shares (“Preferred Shares”) at an issue price of $10.00 per share (the “Issue Price”) …

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