Currency Exchange (CURN) 12.1600 $CURN
Currency Exchange International Closes Transaction with U.S. Exchange House
Marketwire - Fri Mar 28, 3:53PM CDT
Currency Exchange International, Corp. (the "Company"
(TSX: CXI)(OTCBB: CURN), further to its press release dated March 20, 2014, announces today that its subsidiaries, Currency Exchange International America Corp. and Currency Exchange International of Canada Corp., have closed the acquisition of certain assets of U.S. Exchange House, Inc. ("USEH" pertaining to the wholesale banknote operations located in the United States of America and Canada. CXI paid USD$2.35 million in cash on closing along with two additional contingent payments of up to USD$1.325 million payable on the first and second anniversary after closing. These additional payments will be based on the amount of revenue generated from the customers acquired. The assets acquired from USEH will be merged and integrated into the Company's current banknote business and will continue to use the Currency Exchange International, Corp. brand name. Operational efficiencies are expected by the Company's management due to the very similar business operations and overlap of back office functions and the hiring of some USEH currency trading staff. CXI expects to continue to grow its banknote business due to the increased customer base.
Currency Exchange International Announces Asset Purchase Agreement with U.S. Exchange House
Marketwire - Thu Mar 20, 10:03AM CDT
Currency Exchange International, Corp. (the "Company" (TSX: CXI) (OTCBB: CURN) announces today that its subsidiaries, Currency Exchange International America Corp. and Currency Exchange International of Canada Corp. ("CXIC", have entered into a binding Letter of Intent with U.S. Exchange House, Inc. ("USEH", for the purchase of its assets pertaining to the wholesale banknote operations that are currently located in the United States of America and Canada. The asset purchase is expected to be completed by the end of March with completion being subject to normal course due diligence activities and satisfaction of the usual terms and conditions of a transaction of this nature. The USEH banknote business will be merged and integrated into the Company's current banknote business and continue to use the Currency Exchange International, Corp. brand name. Operational efficiencies are expected by Company management due to the very similar business operations and overlap of back office functions. CXI expects to continue to grow its banknote business due to the increased customer base.
Currency Exchange International Announces Election of Directors
Marketwire - Tue Mar 11, 3:11PM CDT
Currency Exchange International, Corp. (the "Company" (TSX: CXI)(OTCBB: CURN), is pleased to announce that the nominees listed in the management information circular for the 2014 annual general meeting of shareholders (the "Meeting" were elected as directors of the Company. Detailed results of the vote for the election of directors held at the Meeting earlier today in Toronto are set out below.
Currency Exchange International Announces Financial Results for the Three Month Period Ended January 31, 2014
Marketwire - Tue Mar 11, 7:28AM CDT
Currency Exchange International, Corp. (the "Company" (TSX: CXI)(OTCBB: CURN), is pleased to announce its financial results and present the management's discussion and analysis ("MD&A" for the three month period ended January 31, 2014 (all figures are in U.S. dollars except where otherwise indicated). The complete and detailed financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.
Currency Exchange International Announces Financial Results for the Thirteen-Month Period Ended October 31, 2013
Marketwire - Thu Jan 09, 7:33AM CST
Currency Exchange International, Corp. (the "Company" (TSX: CXI)(PINKSHEETS: CURN), is pleased to announce its financial results and present the management's discussion and analysis ("MD&A" for the four-month and thirteen-month periods ended October 31, 2013 (all figures are in U.S. dollars except where otherwise indicated). The complete and detailed financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com.
Currency Exchange International Executes Agreement With First Interstate Bank
Marketwire - Wed Nov 20, 8:33AM CST
Currency Exchange International, Corp. (TSX: CXI) (PINKSHEETS: CURN), is pleased to announce that it has signed an agreement with First Interstate Bank to provide foreign currency exchange services to the bank starting immediately.
Currency Exchange International Closes Transaction with U.S. Exchange House
Marketwire - Fri Mar 28, 3:53PM CDT
Currency Exchange International, Corp. (the "Company"
(TSX: CXI)(OTCBB: CURN), further to its press release dated March 20, 2014, announces today that its subsidiaries, Currency Exchange International America Corp. and Currency Exchange International of Canada Corp., have closed the acquisition of certain assets of U.S. Exchange House, Inc. ("USEH" pertaining to the wholesale banknote operations located in the United States of America and Canada. CXI paid USD$2.35 million in cash on closing along with two additional contingent payments of up to USD$1.325 million payable on the first and second anniversary after closing. These additional payments will be based on the amount of revenue generated from the customers acquired. The assets acquired from USEH will be merged and integrated into the Company's current banknote business and will continue to use the Currency Exchange International, Corp. brand name. Operational efficiencies are expected by the Company's management due to the very similar business operations and overlap of back office functions and the hiring of some USEH currency trading staff. CXI expects to continue to grow its banknote business due to the increased customer base. Currency Exchange International Announces Asset Purchase Agreement with U.S. Exchange House
Marketwire - Thu Mar 20, 10:03AM CDT
Currency Exchange International, Corp. (the "Company"
(TSX: CXI) (OTCBB: CURN) announces today that its subsidiaries, Currency Exchange International America Corp. and Currency Exchange International of Canada Corp. ("CXIC", have entered into a binding Letter of Intent with U.S. Exchange House, Inc. ("USEH", for the purchase of its assets pertaining to the wholesale banknote operations that are currently located in the United States of America and Canada. The asset purchase is expected to be completed by the end of March with completion being subject to normal course due diligence activities and satisfaction of the usual terms and conditions of a transaction of this nature. The USEH banknote business will be merged and integrated into the Company's current banknote business and continue to use the Currency Exchange International, Corp. brand name. Operational efficiencies are expected by Company management due to the very similar business operations and overlap of back office functions. CXI expects to continue to grow its banknote business due to the increased customer base. Currency Exchange International Announces Election of Directors
Marketwire - Tue Mar 11, 3:11PM CDT
Currency Exchange International, Corp. (the "Company"
(TSX: CXI)(OTCBB: CURN), is pleased to announce that the nominees listed in the management information circular for the 2014 annual general meeting of shareholders (the "Meeting" were elected as directors of the Company. Detailed results of the vote for the election of directors held at the Meeting earlier today in Toronto are set out below. Currency Exchange International Announces Financial Results for the Three Month Period Ended January 31, 2014
Marketwire - Tue Mar 11, 7:28AM CDT
Currency Exchange International, Corp. (the "Company"
(TSX: CXI)(OTCBB: CURN), is pleased to announce its financial results and present the management's discussion and analysis ("MD&A" for the three month period ended January 31, 2014 (all figures are in U.S. dollars except where otherwise indicated). The complete and detailed financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com. Currency Exchange International Announces Financial Results for the Thirteen-Month Period Ended October 31, 2013
Marketwire - Thu Jan 09, 7:33AM CST
Currency Exchange International, Corp. (the "Company"
(TSX: CXI)(PINKSHEETS: CURN), is pleased to announce its financial results and present the management's discussion and analysis ("MD&A" for the four-month and thirteen-month periods ended October 31, 2013 (all figures are in U.S. dollars except where otherwise indicated). The complete and detailed financial statements and MD&A can be found on the Company's SEDAR profile at www.sedar.com. Currency Exchange International Executes Agreement With First Interstate Bank
Marketwire - Wed Nov 20, 8:33AM CST
Currency Exchange International, Corp. (TSX: CXI) (PINKSHEETS: CURN), is pleased to announce that it has signed an agreement with First Interstate Bank to provide foreign currency exchange services to the bank starting immediately.
