Empire Industries divests KWH, Somerset business units

WINNIPEG, March 1, 2012 –Empire Industries Ltd. (TSX-V: EIL) today announced it has divested its KWH Constructors and Somerset Engineering business units for $1.4 million dollars. Consideration for the transaction was effected through an exchange of Empire promissory notes which were originally issued to the purchasers as part of the original acquisition of KWH/Somerset by …

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Empire Industries Completes Sale of Winnipeg and Welland Structural Steel Fabrication Operations

WINNIPEG, January 3, 2012 – Empire Industries Ltd. (TSX-V: EIL) today announced it has completed the previously announced sale of its Empire Iron Works structural steel fabrication operations in Winnipeg and its Hopkins Steel Works facility in Welland, effective December 31, 2011. This sale to the Supreme Group, western Canada’s largest steel fabrication company, was …

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Empire Industries Settles Vendor Notes for $1 million gain

WINNIPEG, January 3, 2012 – Empire Industries Ltd. (TSX-V: EIL) today announced it has settled the vendor notes payable to 3rd Bros. Industries for $500,000, effective December 30, 2011. These notes were originally issued on August 31, 2006 as part of the consideration for the purchase of George Third & Son Ltd. The principal plus …

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Empire Industries Closes Private Placement of Debenture Units

WINNIPEG, Thursday, December 29, 2011 – Empire Industries Ltd. (“Empire” or the “Company”) (TSX-V: EIL) today is pleased to announce that it has completed a non-brokered private placement Debenture Units. The Company issued 100 Debenture Units at a price of $5,000 per Debenture Unit for gross proceeds of up to $500,000 with each Debenture Unit …

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Empire Industries Closes $1 million Private Placement, Appoints New Director

WINNIPEG, Thursday, December 8, 2011 – Empire Industries Ltd. (“Empire” or the “Company”) (TSX-V: EIL) today announced it has closed a private placement of Units for aggregate gross proceeds of $1 million. The proceeds from the financing will be used for working capital purposes for Empire’s North American activities. The Company issued a total of …

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Empire Industries Announces Private Placement

WINNIPEG, Wednesday, December 7, 2011 – Empire Industries Ltd. (“Empire” or the “Company”) (TSX-V: EIL) today announced that it intends to complete a non-brokered private placement of Units. The Company will issue up to 20,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $1,000,000 with each Unit consisting of …

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Empire Industries Announces Agreement to sell its Winnipeg and Welland Structural Steel Fabrication Operations

WINNIPEG, December 5, 2011 – Empire Industries Ltd. (TSX-V: EIL) today announced it has signed a definitive agreement to sell its Empire Iron Works structural steel fabrication operations in Winnipeg and its Hopkins Steel Works facility in Welland to the Supreme Group, western Canada’s largest steel fabrication company. This is a cash transaction valued at …

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Empire Industries Reports 2011 Third Quarter Results

WINNIPEG, November 29, 2011 – Empire Industries Ltd. (TSX-V: EIL) today reported its financial results for the quarter ended September 30, 2011.  The unaudited consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at www.sedar.com or at www.empind.com. Summary of results Year-to-date revenue increased by 4.1% to $54.7 million, from …

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Dynamic Structures Forms Sister Company to Focus on Attractions

VANCOUVER, October, 2011 – Dynamic Structures announced the formation of Dynamic Attractions, a new company that will focus on providing turnkey attractions for the entertainment industry. The new venture will be led of one of the industry’s most respected figures and founder of Premier Rides. The post Dynamic Structures Forms Sister Company to Focus on …

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