Danier Leather Inc (DLTOF) 0.9828 $DLTOF Danier Leather

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Danier Leather Inc (DLTOF) 0.9828 $DLTOF

Danier Leather Makes Assignment in Bankruptcy; Receiver Appointed and Directors Resign
Marketwired - Mon Mar 21, 3:49PM CDT
Danier Leather Inc. ("Danier" or the "Company" announced today that, with the authorization and approval of its board of directors (the "Board" , on March 21, 2016 the Company voluntarily made an assignment in bankruptcy pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada) ("BIA" . The Company also announced that all of the directors of Danier have resigned with effect immediately upon the assignment in bankruptcy. KSV Kofman Inc. has been appointed as the trustee in connection with the bankruptcy proceedings (the "Trustee" . Danier has also obtained an order of the Ontario Superior Court of Justice appointing KSV Kofman Inc. as receiver over all of its property, assets and undertaking. The receivership will run concurrently with the bankruptcy and is intended to, among other things, facilitate an orderly wind-down of the Company.

Store Closing Sales Begin Today at All 76 Remaining Danier Leather Stores and Outlets Throughout Canada
Marketwired - Tue Mar 08, 5:01AM CST
Store closing sales start today at all remaining Danier Leather stores and outlets in Canada. Spectacular reductions of 25-75% off original prices are being offered on the entire collection of classic and contemporary outerwear, handbags, wallets, small leather goods, belts, gloves and more, including many famous brands. In addition, all stores are receiving new shipments from the warehouse, so consumers will be able to take advantage of tremendous savings on a full selection of the latest merchandise in a wide range of sizes.

Danier Leather Files Notice of Intention to Make a Proposal Under the Bankruptcy and Insolvency Act
Marketwired - Thu Feb 04, 11:40AM CST
Danier Leather Inc. (TSX: DL) ("Danier" or the "Company" announced today that, with the authorization and approval of its board of directors (the "Board" , it has commenced insolvency proceedings by filing a Notice of Intention to Make a Proposal ("NOI" pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada) ("BIA" . The principal purpose of the NOI filing is to create a stabilized environment for the Company and its financial advisors to run an orderly and flexible sale and investor process ("SISP" with the goal of identifying one or more interested parties that wish to acquire or make an investment in the Company's business or all or some of its assets or to liquidate the Company's assets.
DL.TO: 1.41 (+0.01)

BUYINS.NET: DL SqueezeTrigger Price is $14.48. There is $2,016,630 That Short Sellers Still Need To Cover.
M2 - Mon Dec 21, 10:40AM CST
BUYINS.NET / www.squeezetrigger.com is monitoring Danier Leather Inc (NYSE L) in real time and just received an alert that DL is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 138600 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $14.48. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .
DL: 10.94 (+0.07)

Danier Leather Announces Election of Directors
Marketwired - Mon Nov 09, 4:50PM CST
Danier Leather Inc. (TSX: DL) ("Danier" or the "Company" is pleased to announce that each of the nominees listed in its Management Information Circular dated October 7, 2015 were elected as directors of Danier at today's Annual General Meeting ("AGM" of Shareholders on a vote conducted by a show of hands. Based on valid proxies received in connection with the AGM, each director received the following number and percentage of votes:
DL.TO: 1.41 (+0.01)

Danier Leather Reports Fiscal 2016 First Quarter Results
Marketwired - Fri Nov 06, 4:01PM CST
Danier Leather Inc. (TSX: DL) ("Danier" or the "Company" today announced its unaudited interim consolidated financial results for the 13-week period ended September 26, 2015.
DL.TO: 1.41 (+0.01)

Danier Announces Changes to Its Board of Directors
Marketwired - Thu Oct 08, 8:17AM CDT
Danier Leather Inc. (TSX: DL) ("Danier" or the "Company" announced today that it is making changes to the size and composition of its board of directors (the "Board" . As part of its efforts to rationalize its operations and reduce costs, and after careful consideration and upon the recommendation of the Governance, Compensation, Human Resources and Nominating Committee (the "Governance Committee" , the Board has determined to reduce its size from six to four members. The present term of office of Clare Copeland, Thomas Haig, Stephen Kahn and Douglas Murphy will expire immediately prior to the election of directors at Danier's upcoming annual general meeting of shareholders to be held on November 9, 2015 (the "AGM" , and each of them has decided not to stand for re-election.
DL.TO: 1.41 (+0.01)

Danier Leather Reports Fiscal 2015 Fourth Quarter and Year End Results
Marketwired - Fri Sep 18, 4:28PM CDT
Danier Leather Inc. (TSX: DL) ("Danier" or the "Company" today announced its consolidated financial results for the fourth quarter and fiscal year ended June 27, 2015.
DL.TO: 1.41 (+0.01)

Danier Announces Amended and Extended Credit Facility With CIBC
Marketwired - Thu Aug 27, 3:22PM CDT
Danier Leather Inc. (TSX: DL) ("Danier" or the "Company" announced today that it has entered into a third amended and restated credit agreement (the "Credit Agreement" with its existing lender Canadian Imperial Bank of Commerce ("CIBC" , which converts the Company's existing operating and revolving credit facilities into a senior secured asset-based revolving credit facility with CIBC. The ABL Facility has an initial term of three years, extending the maturity of Danier's facilities to August 27, 2018.
DL.TO: 1.41 (+0.01)

Danier Announces Interim Chief Financial Officer
Marketwired - Mon Jul 13, 4:11PM CDT
Danier Leather Inc. (TSX: DL) ("Danier" or the "Company" announced today that Bryan Tatoff, its Chief Financial Officer, has informed the Company that he will be resigning to pursue other opportunities.
DL.TO: 1.41 (+0.01)

BUYINS.NET: DY, CSC, NDSN, DL, XUE Expected To Be Up After Next Earnings Releases
M2 - Mon May 18, 6:50AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Tuesday, May 19th 2015 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and May earnings reports. Dycom Industries Inc (NYSE Y), Computer Sciences Corp (NYSE:CSC), Nordson Corp (NASDAQ:NDSN), Danier Leather Inc (NYSE L), Xueda Education Group (NYSE:XUE) are all expected to be Up After their earnings are released. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com . The following stocks are expected to go Up After earnings are released Tuesday:
NDSN: 83.88 (+0.07), DL: 10.94 (+0.07), CSC: 48.80 (-0.19), XUE: 5.44 (+0.03), DY: 92.43 (+2.09)

Danier Leather Reports Fiscal 2015 Third Quarter Results and Provides Update on Review of Strategic Alternatives
Marketwire Canada - Fri May 08, 4:00PM CDT
Danier Leather Inc. (TSX L) ("Danier" or the "Company" today announced its unaudited interim consolidated financial results for the 13-week and 39-week periods ended March 28, 2015.
DL.TO: 1.41 (+0.01)

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