Magindustries Corp (MAAFF) 0.0102 $MAAFF
MagIndustries Announces Management Changes
Marketwired - Tue Sep 29, 12:21AM CDT
MagIndustries Corp. ("MagIndustries" or the "Company"
reports that Longbo Chen, formerly Chief Executive Officer, who left the Company to pursue other interests on September 1, 2015 resigned as director of the Company on September 25, 2015.
MagIndustries Corp. Announces Results of Delisting Review
Marketwired - Mon Jul 20, 11:21AM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Corporation" announced today that the Toronto Stock Exchange (the "TSX" has confirmed that the TSX Continued Listings Committee has determined to delist the Corporation's securities effective at the close of market on August 19, 2015. The delisting was imposed for failure by the Corporation to meet the continued listing requirements of the TSX.
MAA.TO: 0.13 (-0.02)
Qinghai Salt Lake Industry Company Limited Resumes Trading as Discussions Continue with MagIndustries on a Potential Investment
Marketwired - Wed Jul 15, 3:37PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" announced today that further to its press releases of February 9, 2015, April 6, 2015 and July 7, 2015, that discussions are continuing with Qinghai Salt Lake Industry Company Limited ("Salt Lake" concerning the potential investment referred to therein.
MAA.TO: 0.13 (-0.02)
MagIndustries Corp. Announces Appointment of John Gingerich, P.Geo and Chris Hopkins CA, CPA as Independent Directors
Marketwired - Wed Jul 08, 2:19PM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Company" is pleased to announce that John Gingerich, P.Geo and Chris Hopkins, CA, CPA have been appointed as directors of the Company. Both Mr. Gingerich and Mr. Hopkins have strong professional credentials and deep experience with public companies which equip them well to advise and guide MagIndustries. They are both independent of majority shareholder, Evergreen Holding. Mr. Hopkins will chair the audit committee and Mr. Gingerich will serve as a member of that Committee. The Company expects to finalize the search for a third independent director with an appointment to be announced in coming days.
MAA.TO: 0.13 (-0.02)
During Potential Investment Discussions with MagIndustries, Qinghai Salt Lake Industry Company Limited Will Halt Trading
Marketwired - Tue Jul 07, 11:55AM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" announced today that further to its press releases of February 9, 2015 and April 6, 2015, that discussions have continued with Qinghai Salt Lake Industry Company Limited ("Salt Lake" concerning the potential investment referred to therein.
MAA.TO: 0.13 (-0.02)
MagIndustries Files Notice of Change of Auditor Reporting Package on SEDAR
Marketwired - Fri Jun 26, 2:49PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries" announced that it has today filed its change of auditor reporting package on www.sedar.com in connection with the resignation of Ernst & Young LLP (the "Former Auditors" as the Company's auditors announced on June 17, 2015. The reporting package sets forth four "reportable events", as defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102". These events are as follows: (i) certain whistleblower complaints received by the Company were not brought to the attention of the Former Auditors in the course of their audit. The Former Auditors became aware of such allegations as a result of the announcement of the Company being served with a search warrant by the RCMP. The Company's board of directors and its advisors has discussed the matter with the Former Auditors; (ii) those matters referred to in the Company's press release dated June 16, 2015 concerning the interim results of the special committee of the Company's board of directors. The issues highlighted in such press release were discussed with the Former Auditor on numerous occasions. However, since a final report has not yet been provided resolution of these issues has not yet been settled upon; (iii) concerns relating to the effectiveness of the Company's control environment were raised by the Former Auditors resulting principally from the items raised in the previous item. The Company's board of directors, and its advisors have discussed the matter with the Former Auditors; (iv) concerns as to the ability of the Company on a timely basis to put in place sufficient corrective measures and to provide sufficient reliable evidence required in order for the Former Auditors to perform an audit of the consolidated financial statements for the year ended December 31, 2014. The Company's board of directors and its advisors has discussed the matter with the Former Auditors.
MAA.TO: 0.13 (-0.02)
MagIndustries Corp. Announces Appointment of James Fairbairn, CPA, CA, ICD.D, as Chief Financial Officer
Marketwired - Wed Jun 24, 8:16AM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Company" is pleased to announce that James Fairbairn has been appointed as the Company's Chief Financial Officer.
MAA.TO: 0.13 (-0.02)
MagIndustries Corp. Announces Resignation of Auditor and Commencement of Delisting Review
Marketwired - Wed Jun 17, 7:21AM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Corporation" announced today that Ernst & Young LLP (the "Former Auditor" has notified the Corporation that it has resigned as the auditor of the Corporation effective June 16, 2015, as they have concluded in their professional judgment that they are unable to complete the audit of the consolidated financial statements for the year ended December 31, 2014 in accordance with professional standards. The Company will commence a search for a replacement auditor. MagIndustries intends to prepare and file a change of auditor notice in accordance with the requirements and timing of National Instrument 51-102 ("NI-51-102". Such notice will provide additional information with respect to the resignation of the Former Auditor and will be available under the Corporation's profile on SEDAR at www.sedar.com in the form of the reporting package required to be filed by the Corporation pursuant to NI-51-102.
MAA.TO: 0.13 (-0.02)
MagIndustries Reports Interim Results of Independent Investigation and Related Matters
Marketwired - Tue Jun 16, 7:45AM CDT
MagIndustries Corporation ("the Company" (TSX: MAA) announced today the interim results of its investigation into allegations of foreign corruption (the "Investigation" initiated by a Special Committee of the Board of Directors in January. The Company also reported on certain related matters.
MAA.TO: 0.13 (-0.02)
MagIndustries Announces Management Changes
Marketwired - Tue Sep 29, 12:21AM CDT
MagIndustries Corp. ("MagIndustries" or the "Company"
reports that Longbo Chen, formerly Chief Executive Officer, who left the Company to pursue other interests on September 1, 2015 resigned as director of the Company on September 25, 2015. MagIndustries Corp. Announces Results of Delisting Review
Marketwired - Mon Jul 20, 11:21AM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Corporation"
announced today that the Toronto Stock Exchange (the "TSX" has confirmed that the TSX Continued Listings Committee has determined to delist the Corporation's securities effective at the close of market on August 19, 2015. The delisting was imposed for failure by the Corporation to meet the continued listing requirements of the TSX. MAA.TO: 0.13 (-0.02)
Qinghai Salt Lake Industry Company Limited Resumes Trading as Discussions Continue with MagIndustries on a Potential Investment
Marketwired - Wed Jul 15, 3:37PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
announced today that further to its press releases of February 9, 2015, April 6, 2015 and July 7, 2015, that discussions are continuing with Qinghai Salt Lake Industry Company Limited ("Salt Lake" concerning the potential investment referred to therein. MAA.TO: 0.13 (-0.02)
MagIndustries Corp. Announces Appointment of John Gingerich, P.Geo and Chris Hopkins CA, CPA as Independent Directors
Marketwired - Wed Jul 08, 2:19PM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Company"
is pleased to announce that John Gingerich, P.Geo and Chris Hopkins, CA, CPA have been appointed as directors of the Company. Both Mr. Gingerich and Mr. Hopkins have strong professional credentials and deep experience with public companies which equip them well to advise and guide MagIndustries. They are both independent of majority shareholder, Evergreen Holding. Mr. Hopkins will chair the audit committee and Mr. Gingerich will serve as a member of that Committee. The Company expects to finalize the search for a third independent director with an appointment to be announced in coming days. MAA.TO: 0.13 (-0.02)
During Potential Investment Discussions with MagIndustries, Qinghai Salt Lake Industry Company Limited Will Halt Trading
Marketwired - Tue Jul 07, 11:55AM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
announced today that further to its press releases of February 9, 2015 and April 6, 2015, that discussions have continued with Qinghai Salt Lake Industry Company Limited ("Salt Lake" concerning the potential investment referred to therein. MAA.TO: 0.13 (-0.02)
MagIndustries Files Notice of Change of Auditor Reporting Package on SEDAR
Marketwired - Fri Jun 26, 2:49PM CDT
MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries"
announced that it has today filed its change of auditor reporting package on www.sedar.com in connection with the resignation of Ernst & Young LLP (the "Former Auditors" as the Company's auditors announced on June 17, 2015. The reporting package sets forth four "reportable events", as defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102". These events are as follows: (i) certain whistleblower complaints received by the Company were not brought to the attention of the Former Auditors in the course of their audit. The Former Auditors became aware of such allegations as a result of the announcement of the Company being served with a search warrant by the RCMP. The Company's board of directors and its advisors has discussed the matter with the Former Auditors; (ii) those matters referred to in the Company's press release dated June 16, 2015 concerning the interim results of the special committee of the Company's board of directors. The issues highlighted in such press release were discussed with the Former Auditor on numerous occasions. However, since a final report has not yet been provided resolution of these issues has not yet been settled upon; (iii) concerns relating to the effectiveness of the Company's control environment were raised by the Former Auditors resulting principally from the items raised in the previous item. The Company's board of directors, and its advisors have discussed the matter with the Former Auditors; (iv) concerns as to the ability of the Company on a timely basis to put in place sufficient corrective measures and to provide sufficient reliable evidence required in order for the Former Auditors to perform an audit of the consolidated financial statements for the year ended December 31, 2014. The Company's board of directors and its advisors has discussed the matter with the Former Auditors. MAA.TO: 0.13 (-0.02)
MagIndustries Corp. Announces Appointment of James Fairbairn, CPA, CA, ICD.D, as Chief Financial Officer
Marketwired - Wed Jun 24, 8:16AM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Company"
is pleased to announce that James Fairbairn has been appointed as the Company's Chief Financial Officer. MAA.TO: 0.13 (-0.02)
MagIndustries Corp. Announces Resignation of Auditor and Commencement of Delisting Review
Marketwired - Wed Jun 17, 7:21AM CDT
MagIndustries Corp. (TSX: MAA) ("MagIndustries" or the "Corporation"
announced today that Ernst & Young LLP (the "Former Auditor" has notified the Corporation that it has resigned as the auditor of the Corporation effective June 16, 2015, as they have concluded in their professional judgment that they are unable to complete the audit of the consolidated financial statements for the year ended December 31, 2014 in accordance with professional standards. The Company will commence a search for a replacement auditor. MagIndustries intends to prepare and file a change of auditor notice in accordance with the requirements and timing of National Instrument 51-102 ("NI-51-102". Such notice will provide additional information with respect to the resignation of the Former Auditor and will be available under the Corporation's profile on SEDAR at www.sedar.com in the form of the reporting package required to be filed by the Corporation pursuant to NI-51-102. MAA.TO: 0.13 (-0.02)
MagIndustries Reports Interim Results of Independent Investigation and Related Matters
Marketwired - Tue Jun 16, 7:45AM CDT
MagIndustries Corporation ("the Company"
(TSX: MAA) announced today the interim results of its investigation into allegations of foreign corruption (the "Investigation" initiated by a Special Committee of the Board of Directors in January. The Company also reported on certain related matters. MAA.TO: 0.13 (-0.02)
