Star Extends Term and Reprices Certain Warrants TORONTO,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
130
Star Extends Term and Reprices Certain Warrants

TORONTO, May 25, 2017 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) (OTCBB: SNAVF ) ("Star" or the "Company"), is pleased to announce that it has extended the term of, and repriced 8,070,000 common share purchase warrants ( the “Warrants”) issued pursuant to a private placement announced April 30, 2015. The Warrants, originally due to expire June 11, 2017 carried an exercise price of $0.12.

Each Warrant will now entitle the holder thereof to purchase one common share of Star at an exercise price of $0.09. The new expiry date of the Warrants will be September 11, 2017.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Star’s MMI Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com

Jean-Louis Larmor, (416) 252-2889 Ext. 221 Jean-louis.larmor@star-navigation.com Gold Feather Marketing Group Attn.: Anahadjeet Garewal   (647) 409-3434 info@goldfeathermarketing.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

BETR Investors Face Action: Nov. 20 Deadline Nears

Updated Category News Views 77

High Stakes for BETR Shareholders If you're holding shares in Better Home & Finance Holding Company, right now might feel like you're at a craps table with emptying pockets. BETR, trading under NASDAQ, has become the center of a legal hurricane, with investors eyeing the November 20th deadline to join a securities class action led by Hagens Berman. The class period in...

Continue Reading
Worker.ai Acquires DeltaGen to Spice Up SMB Growth

Updated Category News Views 144

Betting Big on Small Business If you've ever run a small business, you know it can feel like a hamster wheel—more customers usually mean more headaches. But here comes Worker.ai, stepping onto the scene with big promises and a fancy new acquisition. They've scooped up DeltaGen—a mover in real-time AI tech—and launched a platform to hand these overworked owners a...

Continue Reading
Walmart Tops 2026 Recall List: 81 Notices, Food Issues Lead

Updated Category News Views 72

Walmart Behind 81 Recalls: Scrutinizing 2026's Top Contender For an outfit that prides itself on shaking up shopping carts coast to coast, Walmart's stumble onto the recall hotseat this year is a head-scratcher. Imagine leading with 81 official recalls—that's more than a flash in the pan, it's the whole frying pan catching fire. Target and Costco aren't slouches, but...

Continue Reading
Borr Drilling Preps for Q3 2026 Financial Results Call

Updated Category News Views 95

Anticipation Builds for Borr Drilling's Q3 Reveal Sit tight, investors. Borr Drilling Limited is set to drop its Q3 2026 financial results soon—right in the sweet spot post-market close on November 18. These moments are where fortunes are made or broken, and Borr's gearheads better be ready to spill the beans on how their offshore ventures fared in the rocky sea of...

Continue Reading
Chime Joins S&P MidCap 400 Amid Merger Jostle

Updated Category News Views 136

Index Shake-Up: Who's In, Who's Out? Hold onto your hats, folks—big changes are coming to the S&P MidCap 400! Chime Financial Inc. is crashing the party, taking a seat at the table, as NorthWestern Energy Group gets the boot. Now, if that doesn’t grab your attention, I don’t know what will. You've got to appreciate the chaos and opportunities that come with a roster...

Continue Reading
TagMaster To Acquire Kapsch's RFID Ops in NA Market

Updated Category News Views 91

A Strategic Move in the Transportation Sector Here's a fresh shake-up for the North American transportation sector: TagMaster, alongside its U.S. subsidiary Sensys Networks, is all set to acquire Kapsch TrafficCom's RFID-focused North American components business. This isn't just a minor shuffle—this deal could ripple through the industry, promising strategic uplifts...

Continue Reading
Windward Bio Surges 68% in Nasdaq Debut

Updated Category News Views 86

Windward Bio's Impressive Nasdaq Debut Well, how's that for a debut? Windward Bio, this buzzing clinical-stage biotechnology firm, hit Nasdaq like a storm on November 13, 2026. They priced their IPO at $17.00 per share, but by market close, the stock sat comfortably at $28.50. That's a hearty 68% jump on day one, putting their market value at a sweet $1.69 billion. Behind...

Continue Reading
Ani Huang: NAHR Fellow Elevates HR Leadership Standards

Updated Category News Views 177

Spotlight on Ani Huang's HR Leadership In a world where corporate strategies and workforce dynamics continually evolve, Ani Huang's ascent to Fellow of the National Academy of Human Resources (NAHR) signals a pivotal recognition. It's not just another pat on the back; it's a validation of a career steered by determination, expertise, and a knack for navigating the tangled...

Continue Reading
FiEE Rockets to Profitability with 382% Revenue Surge

Updated Category News Views 145

Big Moves in the Tech Jungle: FiEE's Comeback Let's chew the fat on FiEE, Inc., a company that's left its hardware-heavy past in the dust and grabbed the bull by the horns with fresh, AI-driven brand tech solutions. We're talking a whopping 382.1% revenue increase. Now, that's not chump change. From barely scraping $2 million last year to raking in $9.6 million just for...

Continue Reading
Gaine Expands Healthcare Data Solutions Ahead of HLTH 2026

Updated Category News Views 120

Ever felt like healthcare systems are still stuck in a bygone era, struggling with data flinging through the void? Well, Gaine Technology is throwing down its gauntlet to change that narrative. Successful in pharmaceuticals and life sciences, they're turbocharging their Consent and Preference Management solution across the vast, tangled web of healthcare markets just in...

Continue Reading

Top 5 Most Recently Viewed Articles

Australia's Market Surge: S&P/ASX 200 Gains Again

Updated Category News Views 113

Australia's Stock Market Performance Overview The Australian stock market showcased a positive trend, closing higher, specifically the S&P/ASX 200 index, which increased by 0.52%. This uptick was primarily driven by impressive performances in several key sectors, notably Energy, Resources, and Metals & Mining. Key Contributors to Market Gains During this trading session,...

Continue Reading
Partnership Boosts IFA New England with Challenger Teamwear

Updated Category News Views 387

Exciting Partnership Announced for IFA New England In a thrilling development for youth soccer, the Intercontinental Football Academy (IFA) New England has formed a groundbreaking multi-year partnership with Challenger Teamwear and Craft Sportswear North America. This collaboration aims to provide players and coaches with premium uniforms and training apparel designed to...

Continue Reading
CAPREIT Shares Exciting News About Upcoming Distribution

Updated Category News Views 157

CAPREIT Updates on Monthly Distribution Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) has announced its monthly distribution for the upcoming period, currently set at $0.12916 per Unit. When viewed annually, this amounts to approximately $1.55. The distribution will be payable to Unitholders on September 15, 2025, with the record...

Continue Reading
Understanding Challenges in Parkisons Treatment and Medication Dosing

Updated Category News Views 184

Challenges in Managing Parkinson's Disease Treatment Parkinson's disease is a neurological condition that significantly impacts many aspects of daily life. Recent findings highlight the growing concerns related to managing this illness, particularly the practice of splitting carbidopa/levodopa tablets. This is a common approach used by individuals to better manage motor...

Continue Reading
Honoring Roy E. Spicer: Veteran Leader and Advocate Retires

Updated Category News Views 58

Roy E. Spicer: A Legacy of Service and Leadership Roy E. Spicer, a decorated combat soldier and a tireless advocate for veterans, has announced his retirement from the board of directors of The Veterans Consortium Pro Bono Program. This decision marks the end of a remarkable chapter filled with dedicated service to the military community and an unyielding commitment to...

Continue Reading