WINNIPEG, May 31, 2010 � Empire Industries Ltd. (TSX-V: EIL) today reported its financial results for the first quarter of 2010. The consolidated financial statements and MD&A for the first quarter of 2010 have been filed on SEDAR and can be viewed at www.sedar.com or at www.empind.com. Highlights Gross profit was $2.9 million in the …
Winnipeg, Manitoba, May 4th, 2010 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), today announced changes to its board of directors. Norman Harrison, who was an independent director, resigned effective April 30, 2010. The board of directors has appointed Bruce Jackson to the board of directors, and to the audit committee. �Norm Harrison …
Winnipeg, Manitoba, April 30th, 2010 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), today announced its audited consolidated financial results for the year ended December 31, 2009. The audited consolidated financial statements and Management�s Discussion and Analysis (�MD&A�) for the fourth quarter and year ended December 31, 2009 have been filed on SEDAR …
Winnipeg, Manitoba, March 8, 2010 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), announced today that it successfully completed a $17.5 million re-financing with Canadian Western Bank, to provide a centralized $10 million revolving operating facility (�New Operating Facility�) and $7.5 million in term debt (�New Term Loans�). The proceeds from the New …
Winnipeg, Manitoba, November 30, 2009 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), today announced its unaudited consolidated financial results for its third quarter and nine months ended September 30, 2009. The unaudited consolidated financial statements and related Management�s Discussion and Analysis are available on Empire�s website at www.empind.com and have been filed …
Winnipeg, Manitoba, November 25, 2009 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), advised that HSBC Bank Canada (�HSBC�) has consented to extend, to January 31, 2010, the previously announced Forbearance Agreement with the Company, subject to finalizing the legal terms of the extension. The Company believes that it will ultimately agree on …
Winnipeg, Manitoba, October 5, 2009 � Empire Industries Ltd. (TSX-V:EIL) (�Empire� or the �Company�) announced today that it has sold the assets of the combustion technologies business of the Company�s wholly owned subsidiary, Tornado Technologies Inc. (�Tornado�) and its wholly owned U.S. subsidiary, Tornado Technologies, Inc. (�Tornado-US�) to a privately-held enterprise. Proceeds of the transaction …
Winnipeg, Manitoba, August 28, 2009 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), today announced its unaudited consolidated financial results for its second quarter and six months ended June 30, 2009. The unaudited consolidated financial statements and Management�s Discussion and Analysis for the first quarter are available on Empire�s website at www.empind.com and …
Winnipeg, Manitoba, August 10, 2009 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), announced today that it has successfully concluded negotiations for a forbearance agreement (the �Forbearance Agreement�) between the Company, the Company�s subsidiaries, George Third & Sons Ltd. and Dynamic Structures Ltd. (the �BC Group�), and HSBC Bank of Canada (�HSBC�) under …
Winnipeg, Manitoba, July 31st, 2009 � Empire Industries Ltd. (TSX-V: EIL) (�Empire� or the �Company�), today announced that it has completed the sale and leaseback of its Kingsway property in B.C. for proceeds in excess of the underlying book value. Empire used the net proceeds received of $9.5 million to reduce both the Company�s secured …
