Calgary 12/23/2010 – AeroMechanical Services Ltd. (“AMA” or the “Corporation”) (TSX Venture: AMA) is pleased to announce that it has closed its previously announced concurrent private placements. An aggregate of 3,159 debenture units (the “Debenture Units”) of the Corporation were issued at a price of $1,000 (one thousand) per Debenture Unit for aggregate proceeds of $3,159,000 (the “Debenture Unit Offering”) and an aggregate of 14,985,080 share units (the “Share Units”) of the Corporation were issued at a price of $0.25 per Share Unit for aggregate proceeds of $3,746,270 (the “Share Unit Offering”). Continue reading
Category Archives: 2010
AeroMechanical Services Ltd. Announces Revised Private Placement of Convertible Secured Subordinate Debentures and Units
Calgary 12/14/2010 – AeroMechanical Services Ltd. (“AMA” or the “Corporation”) (TSX Venture: AMA) announces today that it has revised the terms of its previously announced private placement (see press release dated December 6, 2010). Continue reading
AeroMechanical Services Ltd. Announces Proposed Private Placement of Convertible Secured Subordinate Debentures
Calgary 12/6/2010 – AeroMechanical Services Ltd. (“AMA” or the “Corporation”) (TSX Venture: AMA) is pleased to announce that it has engaged a syndicate of agents led by Raymond James Ltd. and including Byron Securities Limited (collectively, the “Agents”). The Agents will act on a “best efforts” basis in connection with a private placement of convertible secured debentures (“Debentures”) of AMA for aggregate gross proceeds of up to $6,000,000. Continue reading
AeroMechanical Services Ltd. Announces Board Addition
December 3, 2010
CALGARY–AeroMechanical Services Ltd. (“AMA” or the “Corporation”) (TSX Venture: AMA) is pleased to announce that Mr. Jacques Kavafian, President and CEO of 7456220 Canada Inc., soon to be a branded transpacific tour company, has been appointed to the Board of Directors of AMA. Continue reading
AeroMechanical Services Ltd. (TSX.V:AMA) Announces Positive Third Quarter Activity, Financial Results and Live Webcast
CALGARY, Alberta–AeroMechanical Services Ltd. (TSX VENTURE: AMA) today released its results for the third quarter of 2010, ending September 30. The Q3 2010 Financial Statements and the Management Discussion & Analysis have been filed on SEDAR and can be accessed at www.sedar.com or on AMA’s website at www.amscanada.com. Continue reading
AeroMechanical Services Ltd. Announces Expansion of Middle East Military C-130 afirs Agreement
CALGARY, Alberta–AeroMechanical Services Ltd. (TSX VENTURE: AMA) is pleased to report that its contract to supply afirs™ kits and UpTime™ data and Iridium voice service to a Middle East military C-130 Hercules operator has been amended to add 3 additional aircraft, bringing the total under contract to 23. Continue reading
AeroMechanical Services Ltd. Announces Hawker Beechcraft Installation on Demonstrator Aircraft
CALGARY, Alberta–AeroMechanical Services Ltd. (TSX VENTURE: AMA) is pleased to report that Hawker Beechcraft Corporation (“HBC”)(www.hawkerbeechcraft.com), in a press release yesterday, announced that it will offer AMA’s patented real-time data communications and Internet data delivery solutions for aircraft on its Hawker 125 series business jets (900XP, 850XP, 800XP and 750). Continue reading
International Aviation Body Cites Advantage of AeroMechanical Technology
CALGARY, Alberta–In an interim report on the feasibility of implementing improved aircraft tracking services across the Atlantic and on demand data streaming, the European Oceanic Position Tracking Improvement & Monitoring (“OPTIMI”) program has cited AeroMechanical’s (“AMA”) technology as a readily available solution for the airline industry. Continue reading
AeroMechanical Services Ltd. (TSX.V:AMA) Updates Press Release History
CALGARY, Alberta–AeroMechanical Services, Ltd (TSX VENTURE: AMA) has updated its press release history with a number of investor information services. It has come to AMA’s attention that due to technical problems with some services used by the investment community not all press releases issued by AMA between March 30, 2010 and July 28, 2010 have been included on the services affected. Continue reading
AeroMechanical Services Ltd. (TSX.V:AMA) Announces Q2 2010 Financial Results and Live Webcast
CALGARY, Alberta–AeroMechanical Services Ltd. (TSX VENTURE: AMA) today released its results for the second quarter of 2010, the three months ending June 30. The Q2 2010 Financial Statements and the Management Discussion & Analysis were filed on SEDAR and can be accessed at www.sedar.com or on AMA’s website at www.amscanada.com.
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