Seair Inc (SARCF) 0.1179 $SARCF
Seair Proves Superior Performance of Its De-oiling Technology
Marketwired - Wed Jun 15, 3:52PM CDT
CALGARY, ALBERTA--(Marketwired - Jun 15, 2016) - Seair Inc. (TSX VENTURE:SDS) ("Seair"
is pleased to announce positive trial results confirming the efficiency of Seair's gaseous diffusion de-oiling technology for Enhanced Oil Recovery projects that use polymer flooding to stimulate the reservoir. Adding polymers to the injected water is one of the most highly effective methods of Enhanced Oil Recovery, significantly increasing oil production. However, polymer floods produce an emulsion containing a mixture of oil, water and polymers that is stable and resistant to separation of the oil from the emulsified solution. In cooperation with the SNF Group, the global leader in water soluble polymers, Seair reproduced polymer stabilized emulsions to evaluate the efficacy of Seair's de-oiling technology. With the assistance of SNF, the polymer/crude oil/water emulsion was formulated to mimic actual field conditions, then processed through Seair's de-oiling system. The system achieved effluent oil levels down to 6 ppm from a stabilized oil/water/polymer emulsion, representing over 98.8% recovery of the emulsified oil with minimal or no input of additional energy.
SDS.VN: 0.145 (-0.005)
Seair Receives Significant Order From SNC-Lavalin
Marketwired - Mon May 16, 7:03AM CDT
CALGARY, ALBERTA--(Marketwired - May 16, 2016) - Seair Inc. (TSX VENTURE:SDS) ("Seair" is pleased to announce the acceptance of a significant purchase order from SNC-Lavalin Inc. To satisfy the requirements of this large overseas construction project, Seair's ultra-high efficiency gaseous diffusion technology is employed to remove hydrocarbons and other contaminants from a dewatering operation enabling the water to be safely discharged to environmental standards.
SDS.VN: 0.145 (-0.005)
Seair Announces Issuance of Shares in Satisfaction of Bond Interest Payment and Issuances of Shares in Payment of Debt
Marketwired - Wed Apr 13, 2:40PM CDT
Seair Inc. (TSX VENTURE: SDS) ("Seair" or the "Company" is pleased to announces that in accordance with the terms of a trust indenture entered into between the Company and BNY Trust Company Of Canada ("BNY" dated as of October 31, 2012, as supplemented by the first supplemental indenture made effective October 31, 2013 as further supplemented by the second supplemental indenture made effective May 14, 2014, and as further supplemented by the third supplemental indenture made effective December 21, 2015 (the "Third Supplemental Indenture" (collectively, the "Indenture", they have agreed to issue an aggregate of 1,841,385 common shares in the capital of the Company (the "Common Shares" to holders of the Company's 12% Secured, Subordinate, Convertible, Redeemable Debentures (the "Debentures" in satisfaction of an aggregate of $138,103.86 interest payable to holders of Debentures on March 31, 2016. The issuance of the Common Shares is being made pursuant to the Company's exercise of the share interest right (the "Share Interest Right" provided in the Indenture. The Company first announced their exercise of the Share Interest Right on May 30, 2014 and have issued a continuation notice of such Share Interest Right following the execution of the Third Supplemental Indenture.
SDS.VN: 0.145 (-0.005)
Seair Inc. Announces Q1 FY2016 Results
ACCESSWIRE - Fri Jan 29, 3:25PM CST
CALGARY, AB / ACCESSWIRE / January 29, 2016 / Seair Inc. (TSXV: SDS) ("Seair" or the "Corporation" announced that it has filed its financial statements and Management's Discussion and Analysis for the quarter ended November 30, 2015. Interested parties may view or download copies of these documents from www.SEDAR.com.
SDS.VN: 0.145 (-0.005)
Seair Announces Issuance of Shares in Satisfaction of Bond Interest Payment
Marketwired - Thu Jan 14, 2:45PM CST
Seair Inc. (TSX VENTURE: SDS) ("Seair" or the "Company" announces that in accordance with the terms of a trust indenture entered into between the Company and BNY Trust Company Of Canada dated as of October 31, 2012, as supplemented by the first supplemental indenture made effective October 31, 2013 as further supplemented by the second supplemental indenture made effective May 14, 2014, and as further supplemented by the third supplemental indenture made effective December 21, 2015 (collectively, the "Indenture", they have agreed to issue an aggregate of 721,774 common shares in the capital of the Company (the "Common Shares" to holders of the Company's 12% Secured, Subordinate, Convertible, Redeemable Debentures (the "Debentures" in satisfaction of an aggregate of $93,830.72 interest payable to holders of Debentures on December 31, 2015. The issuance of the Common Shares has been conditionally accepted by the TSX Venture Exchange (the "Exchange". Receipt of the Exchange's final acceptance for the issuance will be subject to the Company complying with all requirements of the Exchange. The Company anticipates that holders of Debentures should receive their Common Shares in lieu of cash interest on the Debentures sometime in January 2016.
SDS.VN: 0.145 (-0.005)
Seair Announces FY2015 Results
ACCESSWIRE - Tue Dec 29, 7:36AM CST
CALGARY, AB / ACCESSWIRE / December 29, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Corporation" announced that it has filed its financial statements and Management's Discussion and Analysis for the year ended August 31, 2015. Interested parties may view or download copies of these documents from www.SEDAR.com.
SDS.VN: 0.145 (-0.005)
Seair Announces Approval by Debentureholders to Amendments to Trust Indentures and Financing Update
ACCESSWIRE - Tue Dec 22, 7:42AM CST
CALGARY, AB / ACCESSWIRE / Deecmber 22, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company" is pleased to announce that at the extraordinary meetings of Debentureholders (as defined below) of Seair held on December 21, 2015, the previously announced amendments to the terms of Seair's existing debentures were passed by the requisite majorities.
SDS.VN: 0.145 (-0.005)
Seair Announces Equity Raise and Debenture Maturity Extension Plans
ACCESSWIRE - Fri Nov 27, 3:15PM CST
Calgary, Alberta / ACCESSWIRE / November 27, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company" is pleased to announce that it has signed a term sheet with a lead investor in connection with a private placement for aggregate gross proceeds of up to a maximum of $2.0 million (the "Financing". Under the terms of the Financing, Seair will issue up to an aggregate of 16,000,000 units (the "Units" at a purchase price of $0.125 per Unit. Each Unit to be comprised of one common share in the capital of Seair (a "Common Share" and one half of one Common Share purchase warrant (each whole common share purchase warrant, a "Warrant". Each Warrant shall be exercisable into one Common Share at a price of $0.18 per share for a period expiring 24 months from the date of issue. Subject to certain conditions, the lead investor has committed to subscribe for $500,000 (4,000,000 Common Shares) under the Financing.
SDS.VN: 0.145 (-0.005)
Seair Announces Warrant Term Extension Approval
ACCESSWIRE - Fri Oct 30, 11:56AM CDT
CALGARY, AB / ACCESSWIRE / October 30, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company" announced that it has received approval from the TSX Venture Exchange for the extension of the expiry date of the 18,619,106 warrants which were originally to expire on October 31, 2015. The new warrant expiry date is October 31, 2017. Seair will be contacting the registered warrant holders individually on the process for updating their warrants.
SDS.VN: 0.145 (-0.005)
Seair Announces Issuance of Shares in Satisfaction of Bond Interest Payment, Updates on Shares for Debt Transactions and Warrant Renewal
ACCESSWIRE - Fri Oct 09, 3:31PM CDT
CALGARY, AB / ACCESSWIRE / October 9, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company" announces that in accordance with the terms of a trust indenture entered into between the Company and BNY Trust Company Of Canada dated as of October 31, 2012, as supplemented by the first supplemental indenture made effective October 31, 2013 and as further supplemented by the second supplemental indenture made effective May 14, 2014 (collectively, the "Indenture", they have agreed to issue an aggregate of 479,673 common shares in the capital of the Company (the "Common Shares" to holders of the Company's 8% Secured, Subordinate, Convertible, Redeemable Debentures (the "Debentures" in satisfaction of an aggregate of $95,934.62 interest payable to holders of Debentures on September 30, 2015. The issuance of the Common Shares has been conditionally accepted by the TSX Venture Exchange (the "Exchange". Receipt of the Exchange's final acceptance for the issuance will be subject to the Company complying with all requirements of the Exchange. The Company anticipates that holders of Debentures should receive their Common Shares in lieu of cash interest on the Debentures on or about October 13, 2015.
SDS.VN: 0.145 (-0.005)
Seair Announces Recent Development in the Middle Eastern Oil & Gas Market
ACCESSWIRE - Mon Sep 28, 9:52AM CDT
CALGARY, AB / ACCESSWIRE / September 28, 2015 / Seair (TSXV: SDS) is pleased to report it has executed a confidentiality agreement with Petroleum Development Oman (PDO) with the intent to run a major field trial of its proprietary SWEET(TM) technology in a large polymer flood operation. "We welcome the opportunity to run this trial and to work closely with our client, PDO to demonstrate the strength of our technology and to achieve a successful outcome for both parties," said Kyle Greene, Seair CTO. The trial is expected to commence over the next few months.
SDS.VN: 0.145 (-0.005)
Seair Proves Superior Performance of Its De-oiling Technology
Marketwired - Wed Jun 15, 3:52PM CDT
CALGARY, ALBERTA--(Marketwired - Jun 15, 2016) - Seair Inc. (TSX VENTURE:SDS) ("Seair"
is pleased to announce positive trial results confirming the efficiency of Seair's gaseous diffusion de-oiling technology for Enhanced Oil Recovery projects that use polymer flooding to stimulate the reservoir. Adding polymers to the injected water is one of the most highly effective methods of Enhanced Oil Recovery, significantly increasing oil production. However, polymer floods produce an emulsion containing a mixture of oil, water and polymers that is stable and resistant to separation of the oil from the emulsified solution. In cooperation with the SNF Group, the global leader in water soluble polymers, Seair reproduced polymer stabilized emulsions to evaluate the efficacy of Seair's de-oiling technology. With the assistance of SNF, the polymer/crude oil/water emulsion was formulated to mimic actual field conditions, then processed through Seair's de-oiling system. The system achieved effluent oil levels down to 6 ppm from a stabilized oil/water/polymer emulsion, representing over 98.8% recovery of the emulsified oil with minimal or no input of additional energy. SDS.VN: 0.145 (-0.005)
Seair Receives Significant Order From SNC-Lavalin
Marketwired - Mon May 16, 7:03AM CDT
CALGARY, ALBERTA--(Marketwired - May 16, 2016) - Seair Inc. (TSX VENTURE:SDS) ("Seair"
is pleased to announce the acceptance of a significant purchase order from SNC-Lavalin Inc. To satisfy the requirements of this large overseas construction project, Seair's ultra-high efficiency gaseous diffusion technology is employed to remove hydrocarbons and other contaminants from a dewatering operation enabling the water to be safely discharged to environmental standards. SDS.VN: 0.145 (-0.005)
Seair Announces Issuance of Shares in Satisfaction of Bond Interest Payment and Issuances of Shares in Payment of Debt
Marketwired - Wed Apr 13, 2:40PM CDT
Seair Inc. (TSX VENTURE: SDS) ("Seair" or the "Company"
is pleased to announces that in accordance with the terms of a trust indenture entered into between the Company and BNY Trust Company Of Canada ("BNY" dated as of October 31, 2012, as supplemented by the first supplemental indenture made effective October 31, 2013 as further supplemented by the second supplemental indenture made effective May 14, 2014, and as further supplemented by the third supplemental indenture made effective December 21, 2015 (the "Third Supplemental Indenture" (collectively, the "Indenture", they have agreed to issue an aggregate of 1,841,385 common shares in the capital of the Company (the "Common Shares" to holders of the Company's 12% Secured, Subordinate, Convertible, Redeemable Debentures (the "Debentures" in satisfaction of an aggregate of $138,103.86 interest payable to holders of Debentures on March 31, 2016. The issuance of the Common Shares is being made pursuant to the Company's exercise of the share interest right (the "Share Interest Right" provided in the Indenture. The Company first announced their exercise of the Share Interest Right on May 30, 2014 and have issued a continuation notice of such Share Interest Right following the execution of the Third Supplemental Indenture. SDS.VN: 0.145 (-0.005)
Seair Inc. Announces Q1 FY2016 Results
ACCESSWIRE - Fri Jan 29, 3:25PM CST
CALGARY, AB / ACCESSWIRE / January 29, 2016 / Seair Inc. (TSXV: SDS) ("Seair" or the "Corporation"
announced that it has filed its financial statements and Management's Discussion and Analysis for the quarter ended November 30, 2015. Interested parties may view or download copies of these documents from www.SEDAR.com. SDS.VN: 0.145 (-0.005)
Seair Announces Issuance of Shares in Satisfaction of Bond Interest Payment
Marketwired - Thu Jan 14, 2:45PM CST
Seair Inc. (TSX VENTURE: SDS) ("Seair" or the "Company"
announces that in accordance with the terms of a trust indenture entered into between the Company and BNY Trust Company Of Canada dated as of October 31, 2012, as supplemented by the first supplemental indenture made effective October 31, 2013 as further supplemented by the second supplemental indenture made effective May 14, 2014, and as further supplemented by the third supplemental indenture made effective December 21, 2015 (collectively, the "Indenture", they have agreed to issue an aggregate of 721,774 common shares in the capital of the Company (the "Common Shares" to holders of the Company's 12% Secured, Subordinate, Convertible, Redeemable Debentures (the "Debentures" in satisfaction of an aggregate of $93,830.72 interest payable to holders of Debentures on December 31, 2015. The issuance of the Common Shares has been conditionally accepted by the TSX Venture Exchange (the "Exchange". Receipt of the Exchange's final acceptance for the issuance will be subject to the Company complying with all requirements of the Exchange. The Company anticipates that holders of Debentures should receive their Common Shares in lieu of cash interest on the Debentures sometime in January 2016. SDS.VN: 0.145 (-0.005)
Seair Announces FY2015 Results
ACCESSWIRE - Tue Dec 29, 7:36AM CST
CALGARY, AB / ACCESSWIRE / December 29, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Corporation"
announced that it has filed its financial statements and Management's Discussion and Analysis for the year ended August 31, 2015. Interested parties may view or download copies of these documents from www.SEDAR.com. SDS.VN: 0.145 (-0.005)
Seair Announces Approval by Debentureholders to Amendments to Trust Indentures and Financing Update
ACCESSWIRE - Tue Dec 22, 7:42AM CST
CALGARY, AB / ACCESSWIRE / Deecmber 22, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company"
is pleased to announce that at the extraordinary meetings of Debentureholders (as defined below) of Seair held on December 21, 2015, the previously announced amendments to the terms of Seair's existing debentures were passed by the requisite majorities. SDS.VN: 0.145 (-0.005)
Seair Announces Equity Raise and Debenture Maturity Extension Plans
ACCESSWIRE - Fri Nov 27, 3:15PM CST
Calgary, Alberta / ACCESSWIRE / November 27, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company"
is pleased to announce that it has signed a term sheet with a lead investor in connection with a private placement for aggregate gross proceeds of up to a maximum of $2.0 million (the "Financing". Under the terms of the Financing, Seair will issue up to an aggregate of 16,000,000 units (the "Units" at a purchase price of $0.125 per Unit. Each Unit to be comprised of one common share in the capital of Seair (a "Common Share" and one half of one Common Share purchase warrant (each whole common share purchase warrant, a "Warrant". Each Warrant shall be exercisable into one Common Share at a price of $0.18 per share for a period expiring 24 months from the date of issue. Subject to certain conditions, the lead investor has committed to subscribe for $500,000 (4,000,000 Common Shares) under the Financing. SDS.VN: 0.145 (-0.005)
Seair Announces Warrant Term Extension Approval
ACCESSWIRE - Fri Oct 30, 11:56AM CDT
CALGARY, AB / ACCESSWIRE / October 30, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company"
announced that it has received approval from the TSX Venture Exchange for the extension of the expiry date of the 18,619,106 warrants which were originally to expire on October 31, 2015. The new warrant expiry date is October 31, 2017. Seair will be contacting the registered warrant holders individually on the process for updating their warrants. SDS.VN: 0.145 (-0.005)
Seair Announces Issuance of Shares in Satisfaction of Bond Interest Payment, Updates on Shares for Debt Transactions and Warrant Renewal
ACCESSWIRE - Fri Oct 09, 3:31PM CDT
CALGARY, AB / ACCESSWIRE / October 9, 2015 / Seair Inc. (TSXV: SDS) ("Seair" or the "Company"
announces that in accordance with the terms of a trust indenture entered into between the Company and BNY Trust Company Of Canada dated as of October 31, 2012, as supplemented by the first supplemental indenture made effective October 31, 2013 and as further supplemented by the second supplemental indenture made effective May 14, 2014 (collectively, the "Indenture", they have agreed to issue an aggregate of 479,673 common shares in the capital of the Company (the "Common Shares" to holders of the Company's 8% Secured, Subordinate, Convertible, Redeemable Debentures (the "Debentures" in satisfaction of an aggregate of $95,934.62 interest payable to holders of Debentures on September 30, 2015. The issuance of the Common Shares has been conditionally accepted by the TSX Venture Exchange (the "Exchange". Receipt of the Exchange's final acceptance for the issuance will be subject to the Company complying with all requirements of the Exchange. The Company anticipates that holders of Debentures should receive their Common Shares in lieu of cash interest on the Debentures on or about October 13, 2015. SDS.VN: 0.145 (-0.005)
Seair Announces Recent Development in the Middle Eastern Oil & Gas Market
ACCESSWIRE - Mon Sep 28, 9:52AM CDT
CALGARY, AB / ACCESSWIRE / September 28, 2015 / Seair (TSXV: SDS) is pleased to report it has executed a confidentiality agreement with Petroleum Development Oman (PDO) with the intent to run a major field trial of its proprietary SWEET(TM) technology in a large polymer flood operation. "We welcome the opportunity to run this trial and to work closely with our client, PDO to demonstrate the strength of our technology and to achieve a successful outcome for both parties," said Kyle Greene, Seair CTO. The trial is expected to commence over the next few months.
SDS.VN: 0.145 (-0.005)
