Latest Noveko Intl Inc (NKOFF) Headlines Elli
Post# of 3
Ellington Residential Mortgage REITCorporate Event Announcement Notice
Wall Street Horizon - Wed Feb 19, 7:56PM CST
DELISTING REVIEWNoveko International Inc. (the "Company") - TSX is reviewing the Class A Shares (Symbol: EKO) of the Company with respect to meeting the continued listing requirements. The Company has been granted 30 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.
Noveko International Inc. - New Private Placement and Updates
CNW Group - Fri Mar 22, 7:30AM CDT
Because of the prevailing market conditions, Noveko International Inc. (TSX: EKO) (the "Corporation") announces that it ended its private placement of units at the price of $0.12 per unit. However, the Corporation's Board of Directors approved a new private placement for a minimum number of 5,333,333 Class A Shares ($320,000) and a maximum number of 8,333,333 Class A Shares ($500,000), at a price of $0.06 per share. It is expected and was agreed with Third Eye Capital Corporation that the Corporation's senior executives will subscribe for at least 5,333,333 Class A Shares ($320,000) in connection with this private placement. This private placement was approved by the Toronto Stock Exchange. The funds injected from this private placement will fulfill our needs for working capital until the closing of our $10 to $12 million financing in the next two to three weeks.
TSX Delisting Review - Noveko International Inc. (Symbol: EKO)
CNW Group - Wed Mar 13, 7:45AM CDT
DELISTING REVIEW Noveko International Inc. (the "Company") - Further to TSX Bulletin 2013-0135 dated February 19, 2013, TSX has extended its review of the eligibility of the Class A Shares (Symbol: EKO) of the Company for continued listing for a period of 30 days.
Noveko International Inc. Announces its Results for the Second Quarter Ended December 31, 2012 and Updates on its Financings
CNW Group - Fri Feb 15, 7:30AM CST
For the second quarter ended December 31, 2012 ("second quarter of 2013"), Noveko International Inc. (TSX: EKO) (the "Corporation") announces that its consolidated revenue totalled $0.64million considering that the operations of SARL Noveko Algérie ("Noveko Algérie") and of S.A.S. E.C.M. ("ECM") are now being treated as discontinued operations in accordance with IFRS because of the Corporation's decision to divest itself of these subsidiaries. This is a decrease of $1.1 million compared with the revenues of the second quarter ended December 31, 2011 ("second quarter of 2012") computed on the same basis. The net loss from continuing operations amounted to $2.1 million ($0.02 basic and diluted per share) for the second quarter of 2013, compared with $1.7 million ($0.02 basic and diluted per share) for the second quarter of 2012. The net loss (including the net loss from discontinued operations) amounted to $1.0 million ($0.01 basic and diluted per share), compared with $1.5 million ($0.02 basic
Noveko International Inc. - Updates
CNW Group - Fri Feb 01, 7:30AM CST
Noveko International Inc. (TSX: EKO) (the "Corporation") reports that the closing of its financing announced on November 14, 2012, which will take the form of convertible debentures and term loans for an aggregate amount between $10 million to $12 million, and which was anticipated to occur before the end of January 2013, is now scheduled to occur on or about February15,2013. This financing shall be used among other things to reimburse the credit facility and the secured convertible debentures granted or issued pursuant to the September28,2011 financing made by Third Eye Capital Corporation (the "TEC Financing"). As already disclosed, the Corporation is in breach of the provisions of the agreements governing the TEC Financing.
Noveko International Announces a First Closing of its Private Placement of Units
CNW Group - Tue Jan 29, 8:12AM CST
Noveko International Inc. (TSX: EKO) (the "Corporation") is pleased to announce a first closing in connection with its private distribution of units announced on January 11, 2013. A total of 1,566,667 units were issued for an aggregate subscription amount of $188,000, of which 416,667 units ($50,000) were issued to an officer of the Corporation. Each unit comprised one (1) Class A Share and one-half warrant; each full warrant will entitle its holder to purchase one (1) Class A Share at a price of $0.20 per share, until January 28, 2015. The securities issued pursuant to this offering are subjected to a 4-month hold period. Additional closings are expected to occur in the next few days until the maximum subscription amount of $500,000 has been raised.
Noveko International Inc. - New Financing and Update
CNW Group - Fri Jan 11, 7:30AM CST
Noveko International Inc. (TSX: EKO) (the "Corporation") is pleased to announce that it intends to proceed with the private distribution of units, at a price of $0.12 per unit, for a minimum amount of $100,000 (833,333 units) and a maximum amount of $500,000 (4,166,667 units), each unit comprising one (1) Class A Share and one-half warrant; each full warrant will entitle its holder to purchase one (1) Class A Share at a price of $0.20 per share, for a period of 24 months after the issue of the units.The securities issued pursuant to this offering will be subjected to a 4-month hold period. This financing is conditional to the approval of the TSX.