Latest Viridis Energy Inc. (VRDSF) Headlines
Viridis Energy Resolves Lawsuit
ACCESSWIRE - Fri Mar 07, 4:22PM CST
Vancouver, BC / ACCESSWIRE / March 7, 2014 / Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), announced today that it has entered into a mutual release with Robert Gardner in which both parties agreed to release and discharge all claims and counterclaims connected to the Supreme Court of British Columbia Action S-115318 (the "Action"). Viridis withdraws all allegations against Mr. Gardner. Viridis expresses its appreciation for Mr. Gardner's past support and wishes him well in his future endeavors.
Viridis Energy Secures $3.25 Million Term Loan and $250,000 Credit Line from Royal Bank of Canada
ACCESSWIRE - Tue Mar 04, 7:33AM CST
Vancouver, BC - / ACCESSWIRE / March 4, 2014 / Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that its wholly owned subsidiary, Okanagan Pellet Company Inc. ("OPC"), has entered into a loan facilities agreement providing for a $3.25 million secured loan (the "Loan") with the Royal Bank of Canada ("RBC"). The loan bears interest at the annual rate of Royal Bank's prime rate plus 3% (currently equates to approximately 6%), payable monthly over 48 months. Proceeds from the Loan will be primarily used to repay the Company's debt held by Cornwall Investments LLC, which bears interest costs of 9% per year (prime plus 6%). In addition, RBC will provide the Company with a $250,000 line of credit at Royal Bank's prime rate plus 3% interest per annum, for general working capital purposes.
Viridis Energy Announces First Transaction by its Newly Launched Trading Subsidiary, Viridis Merchants Secures Approximately 30,000 Tons of Annual Pellet Supply from Southeast U...
ACCESSWIRE - Mon Dec 30, 7:04AM CST
Vancouver, BC - December 30, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that its recently launched, wholly owned subsidiary, Viridis Merchants Inc., an aggregation and trading service between buyers and sellers of alternative energy, including wood pellets, has structured its first transaction.
Ontario Securities Commission - Notice from the Office of the Secretary
CNW Group - Fri Dec 20, 10:57AM CST
IN THE MATTER OF THE SECURITIES ACTR.S.O. 1990, C. S.5, AS AMENDED
Viridis Energy Inc. Reports Third Quarter 2013 Financial Results. Company Reports 36 Percent Year-Over-Year and 19 Percent Quarter-Over-Quarter Revenue Growth
ACCESSWIRE - Wed Nov 27, 3:09PM CST
Vancouver, BC - November 27, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, today reported financial results for its third quarter and nine month period ended September 30, 2013.
Viridis Energy Appoints Robert Aaron Chairman of the Board
ACCESSWIRE - Fri Nov 22, 7:58AM CST
Vancouver, BC - November 22, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that Robert Aaron, a 30 year veteran in the commodities and financial industries who recently joined its board of directors, has been appointed Chairman of the Board.
Viridis Energy Forms Subsidiary to Broker Alternative Energy Transactions
ACCESSWIRE - Wed Nov 20, 8:24AM CST
Company Hires 25-Year Commodities Trading Specialist to Head Up New Revenue Stream
Viridis Energy Invited to Present at 6th Annual LD Micro Conference in Los Angeles
ACCESSWIRE - Tue Nov 12, 7:35AM CST
Vancouver, BC - November 12, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that is has been invited to present at the upcoming Sixth Annual LD MICRO Conference on Wednesday December 4, 2013, at 7:30 a.m. (PCT) at the Luxe Sunset Bel Air, Los Angeles, California. Viridis' management will be available during the day for one-on-one meetings.
Viridis Energy's Scotia Atlantic Biomass Commences Wood Pellet Production
ACCESSWIRE - Wed Sep 04, 8:11AM CDT
Vancouver, BC - September 4, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing biomass fuel to global residential and industrial markets, announced today that it has commenced production of wood pellets at its wholly owned subsidiary, Scotia Atlantic Biomass Company, Ltd. ("Scotia"), located in Middle Musquodoboit, Nova Scotia, with its first shipment of 25,000 sold for delivery in December. The Company began production on three of its five pellet presses in late August and expects to be running all five presses by the end of September. The Scotia facility's current annual capacity of 120,000 tons, brings Viridis' total production capacity to 180,000 tons.
Viridis Energy Reports Second Quarter 2013 Financial Results
ACCESSWIRE - Tue Aug 27, 3:05PM CDT
Gross Margin Improves to 19% from 14% in First Quarter and 8% in Prior Year Second Quarter
Viridis Energy's Scotia Atlantic Biomass and Ekman & Co. Enter into a Sales and Marketing Agreement
ACCESSWIRE - Wed Jul 24, 3:30PM CDT
Agreement Covers Scotia's Total Production Over 24-Month Period
Viridis Energy Reports First Quarter 2013 Financial Results; Gross Margin Increases to 15% from 6%, Year-Over-Year
ACCESSWIRE - Thu May 30, 3:10PM CDT
Vancouver, BC - May 30, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, today reported financial results for the first quarter ended March 31, 2012.
Viridis Energy Closes $2 million of Private Placement
ACCESSWIRE-TNW - Tue May 14, 6:00PM CDT
Vancouver, BC - May 14, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, announced today that it has closed the second and final tranche of its $5,000,000 non-brokered private placement (the "Private Placement") announced on April 3, 2013 with the placement of $2,000,000 of units sold under the terms previously disclosed.
Viridis Energy Reports Full Year and Fourth Quarter 2012 Financial Results
ACCESSWIRE-TNW - Tue Apr 30, 8:07PM CDT
Vancouver, BC - April 30, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, today reported financial results for its full year and fourth quarter ended December 31, 2012.
Viridis Energy Closes First $3 million of Private Placement
ACCESSWIRE-TNW - Mon Apr 15, 3:00PM CDT
Vancouver, BC - April 15, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, announced today that it has closed the first tranche of $3,000,000 of its non-brokered private placement (the "Private Placement") announced on April 3, 2013, under the terms previously disclosed.
Viridis Energy announces Non-Brokered Private Placement
ACCESSWIRE-TNW - Wed Apr 03, 7:30AM CDT
Vancouver, BC - April 3, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), announced today that it intends to conduct a non-brokered, private placement of up to 50,000,000 units at a price of $0.10 per unit for gross proceeds of $5,000,000 (the "Private Placement"). The Company has secured a commitment from Cornwall Investments LLC ("Cornwall") to purchase a minimum of 30,000,000 units of the intended financing.
Viridis Energy Announces Debt Restructuring
ACCESSWIRE-TNW - Wed Feb 27, 7:18AM CST
Vancouver, BC - February 27, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) announced today that effective February 25, 2013, it has completed a restructuring of its short term debt with its largest investor, Cornwall Investments, LLC ("Cornwall"). The debt restructuring includes Okanagan Pellet Company Inc. ("OPC") assumption of the HSBC Bank Canada ("HSBC") debt and the short-term loan on the Scotia Atlantic Biomass Company Limited ("Scotia") facility, currently in default. The aggregate of the two credit facilities is approximately $5.7 million of long-term debt.
Viridis Energy Receives Working Capital Loan
ACCESSWIRE-TNW - Mon Jan 21, 6:18PM CST
Vancouver, BC - January 21, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) today announced that its wholly owned subsidiary, Okanagan Pellet Company Inc., has received a working capital loan of approximately $800,000 from Cornwall Investments, LLC ("Cornwall"). The loan is a demand note with interest calculated and payable monthly at the Royal Bank of Canada's prime rate of interest for commercial loans plus 5%. Viridis has guaranteed the repayment of the principal amount of the loan and all interest that accrues after a demand for repayment is made.
Viridis Energy Announces Assignment of HSBC Loan & Security
ACCESSWIRE-TNW - Thu Jan 17, 7:28PM CST
Vancouver, BC - January 17, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) announces that its largest investor, Cornwall Investments, LLC ("Cornwall") has purchased the indebtedness of Viridis' subsidiary, Cypress Pacific Marketing Inc. ("Cypress"), that was owing to HSBC Bank Canada ("HSBC") for approximately $2,826,000, effective today.
Viridis Energy Resolves Lawsuit
ACCESSWIRE - Fri Mar 07, 4:22PM CST
Vancouver, BC / ACCESSWIRE / March 7, 2014 / Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), announced today that it has entered into a mutual release with Robert Gardner in which both parties agreed to release and discharge all claims and counterclaims connected to the Supreme Court of British Columbia Action S-115318 (the "Action"). Viridis withdraws all allegations against Mr. Gardner. Viridis expresses its appreciation for Mr. Gardner's past support and wishes him well in his future endeavors.
Viridis Energy Secures $3.25 Million Term Loan and $250,000 Credit Line from Royal Bank of Canada
ACCESSWIRE - Tue Mar 04, 7:33AM CST
Vancouver, BC - / ACCESSWIRE / March 4, 2014 / Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that its wholly owned subsidiary, Okanagan Pellet Company Inc. ("OPC"), has entered into a loan facilities agreement providing for a $3.25 million secured loan (the "Loan") with the Royal Bank of Canada ("RBC"). The loan bears interest at the annual rate of Royal Bank's prime rate plus 3% (currently equates to approximately 6%), payable monthly over 48 months. Proceeds from the Loan will be primarily used to repay the Company's debt held by Cornwall Investments LLC, which bears interest costs of 9% per year (prime plus 6%). In addition, RBC will provide the Company with a $250,000 line of credit at Royal Bank's prime rate plus 3% interest per annum, for general working capital purposes.
Viridis Energy Announces First Transaction by its Newly Launched Trading Subsidiary, Viridis Merchants Secures Approximately 30,000 Tons of Annual Pellet Supply from Southeast U...
ACCESSWIRE - Mon Dec 30, 7:04AM CST
Vancouver, BC - December 30, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that its recently launched, wholly owned subsidiary, Viridis Merchants Inc., an aggregation and trading service between buyers and sellers of alternative energy, including wood pellets, has structured its first transaction.
Ontario Securities Commission - Notice from the Office of the Secretary
CNW Group - Fri Dec 20, 10:57AM CST
IN THE MATTER OF THE SECURITIES ACTR.S.O. 1990, C. S.5, AS AMENDED
Viridis Energy Inc. Reports Third Quarter 2013 Financial Results. Company Reports 36 Percent Year-Over-Year and 19 Percent Quarter-Over-Quarter Revenue Growth
ACCESSWIRE - Wed Nov 27, 3:09PM CST
Vancouver, BC - November 27, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, today reported financial results for its third quarter and nine month period ended September 30, 2013.
Viridis Energy Appoints Robert Aaron Chairman of the Board
ACCESSWIRE - Fri Nov 22, 7:58AM CST
Vancouver, BC - November 22, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that Robert Aaron, a 30 year veteran in the commodities and financial industries who recently joined its board of directors, has been appointed Chairman of the Board.
Viridis Energy Forms Subsidiary to Broker Alternative Energy Transactions
ACCESSWIRE - Wed Nov 20, 8:24AM CST
Company Hires 25-Year Commodities Trading Specialist to Head Up New Revenue Stream
Viridis Energy Invited to Present at 6th Annual LD Micro Conference in Los Angeles
ACCESSWIRE - Tue Nov 12, 7:35AM CST
Vancouver, BC - November 12, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing waste biomass fuel to global residential and industrial markets, announced today that is has been invited to present at the upcoming Sixth Annual LD MICRO Conference on Wednesday December 4, 2013, at 7:30 a.m. (PCT) at the Luxe Sunset Bel Air, Los Angeles, California. Viridis' management will be available during the day for one-on-one meetings.
Viridis Energy's Scotia Atlantic Biomass Commences Wood Pellet Production
ACCESSWIRE - Wed Sep 04, 8:11AM CDT
Vancouver, BC - September 4, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), a "Cleantech" manufacturer and distributor of renewable energy providing biomass fuel to global residential and industrial markets, announced today that it has commenced production of wood pellets at its wholly owned subsidiary, Scotia Atlantic Biomass Company, Ltd. ("Scotia"), located in Middle Musquodoboit, Nova Scotia, with its first shipment of 25,000 sold for delivery in December. The Company began production on three of its five pellet presses in late August and expects to be running all five presses by the end of September. The Scotia facility's current annual capacity of 120,000 tons, brings Viridis' total production capacity to 180,000 tons.
Viridis Energy Reports Second Quarter 2013 Financial Results
ACCESSWIRE - Tue Aug 27, 3:05PM CDT
Gross Margin Improves to 19% from 14% in First Quarter and 8% in Prior Year Second Quarter
Viridis Energy's Scotia Atlantic Biomass and Ekman & Co. Enter into a Sales and Marketing Agreement
ACCESSWIRE - Wed Jul 24, 3:30PM CDT
Agreement Covers Scotia's Total Production Over 24-Month Period
Viridis Energy Reports First Quarter 2013 Financial Results; Gross Margin Increases to 15% from 6%, Year-Over-Year
ACCESSWIRE - Thu May 30, 3:10PM CDT
Vancouver, BC - May 30, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, today reported financial results for the first quarter ended March 31, 2012.
Viridis Energy Closes $2 million of Private Placement
ACCESSWIRE-TNW - Tue May 14, 6:00PM CDT
Vancouver, BC - May 14, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, announced today that it has closed the second and final tranche of its $5,000,000 non-brokered private placement (the "Private Placement") announced on April 3, 2013 with the placement of $2,000,000 of units sold under the terms previously disclosed.
Viridis Energy Reports Full Year and Fourth Quarter 2012 Financial Results
ACCESSWIRE-TNW - Tue Apr 30, 8:07PM CDT
Vancouver, BC - April 30, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, today reported financial results for its full year and fourth quarter ended December 31, 2012.
Viridis Energy Closes First $3 million of Private Placement
ACCESSWIRE-TNW - Mon Apr 15, 3:00PM CDT
Vancouver, BC - April 15, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) a "Cleantech" manufacturer and distributor of alternative energy providing biomass fuel to global residential and industrial markets, announced today that it has closed the first tranche of $3,000,000 of its non-brokered private placement (the "Private Placement") announced on April 3, 2013, under the terms previously disclosed.
Viridis Energy announces Non-Brokered Private Placement
ACCESSWIRE-TNW - Wed Apr 03, 7:30AM CDT
Vancouver, BC - April 3, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD), announced today that it intends to conduct a non-brokered, private placement of up to 50,000,000 units at a price of $0.10 per unit for gross proceeds of $5,000,000 (the "Private Placement"). The Company has secured a commitment from Cornwall Investments LLC ("Cornwall") to purchase a minimum of 30,000,000 units of the intended financing.
Viridis Energy Announces Debt Restructuring
ACCESSWIRE-TNW - Wed Feb 27, 7:18AM CST
Vancouver, BC - February 27, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) announced today that effective February 25, 2013, it has completed a restructuring of its short term debt with its largest investor, Cornwall Investments, LLC ("Cornwall"). The debt restructuring includes Okanagan Pellet Company Inc. ("OPC") assumption of the HSBC Bank Canada ("HSBC") debt and the short-term loan on the Scotia Atlantic Biomass Company Limited ("Scotia") facility, currently in default. The aggregate of the two credit facilities is approximately $5.7 million of long-term debt.
Viridis Energy Receives Working Capital Loan
ACCESSWIRE-TNW - Mon Jan 21, 6:18PM CST
Vancouver, BC - January 21, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) today announced that its wholly owned subsidiary, Okanagan Pellet Company Inc., has received a working capital loan of approximately $800,000 from Cornwall Investments, LLC ("Cornwall"). The loan is a demand note with interest calculated and payable monthly at the Royal Bank of Canada's prime rate of interest for commercial loans plus 5%. Viridis has guaranteed the repayment of the principal amount of the loan and all interest that accrues after a demand for repayment is made.
Viridis Energy Announces Assignment of HSBC Loan & Security
ACCESSWIRE-TNW - Thu Jan 17, 7:28PM CST
Vancouver, BC - January 17, 2013 - Viridis Energy Inc. ("Viridis" or the "Company") (TSXV: VRD) announces that its largest investor, Cornwall Investments, LLC ("Cornwall") has purchased the indebtedness of Viridis' subsidiary, Cypress Pacific Marketing Inc. ("Cypress"), that was owing to HSBC Bank Canada ("HSBC") for approximately $2,826,000, effective today.
