Official News Releases.
Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 850,000 convertible preferred shares (“Preferred Shares”) at an issue price of $10.00 per share (the “Issue Price”) for gross proceeds to the Company of up to $8,500,000 (the “Offering”).
WINNIPEG – April 15, 2020 – Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) today announced that it intends to file its 2019 audited annual results and related management discussion and analysis on or before May 29, 2020, which is two weeks before the extension deadline granted to all Canadian public companies. The Company …
Empire Industries (EIL-TSX.V) today issued a statement from Guy Nelson, Executive Chairman, CEO and President on the steps the company is taking in the face of the COVID-19 pandemic.
Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce it has achieved a ranking in the 2020 TSX Venture 50. Empire ranked 5th among the top 10 winners in the Diversified Industries sector.
Empire Industries Ltd. (TSXV: EIL) today announced it has granted, under its stock option plan, incentive stock options to directors and management, for the purchase up to 700,000 common shares. The incentive stock options have an exercise price of $0.47, will expire January 3, 2025 and are subject to TSX Venture Exchange approval.
Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce that 100% of the holders of the issued and outstanding Preferred Shares (defined below) agreed to exchange all of their Preferred Shares for Class “A” Common Shares (“Common Shares”) of the Company effective December 31, 2019.
Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce that subject to final acceptance from the TSX Venture Exchange, it has completed the second and final tranche closing of the previously announced non-brokered private placement (the “Private Placement”) and issued 16,436,414 common shares (each a “Share” and together the “Shares”) in the capital of the Company at an issue price of $0.41 per share for gross proceeds from the final tranche closing to the Company of $6.75 million.
Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce, subject to the approval of the TSX Venture Exchange (“TSX-V”), that the Company is prepared to incentivize the holders of all of the issued and outstanding Preferred Shares (defined below) to exchange the same for Class “A” Common Shares (“Common Shares”) of the Company on or before December 31, 2019.
Empire Industries Ltd. (TSX-V: “EIL”, “Empire” or the “Company”) is pleased to announce that it has completed the first closing of the previously announced non-brokered private placement (the “Private Placement”) and issued 7,317,073 common shares (each a “Share” and together the “Shares”) in the capital of the Company at an issue price of $0.41 per share for gross proceeds to the Company of $3 million.
Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL”, “us”, “our”, “we” or the “Company”) is pleased to announce that further to its December 5, 2019 news release it has sold an aggregate of 17,588,126 common shares (together the “Tornado Shares” and each a “Tornado Share”) in the capital of Tornado Global Hydrovacs Ltd. (TSXV:TGH) (“Tornado”) to four third party purchasers at a price of $0.17 per Share for aggregate gross proceeds of CDN$2.99 million (the “Transaction”).
