Calgary, Alberta – May 17, 2011 — AeroMechanical Services Ltd. (TSX-V: AMA) (the “Company” or “AMA”) is pleased to announce that its next generation Automated Flight Information Reporting System (“AFIRS”), the AFIRSTM 228B, has been successfully installed and demonstrated on a Hawker Beechcraft 750 aircraft in Chester, United Kingdom. Continue reading
Category Archives: News Releases
AeroMechanical Services and Nigerian Civil Aviation Authority Unveil Flight Tracking Operations Command Centre in Lagos
Calgary, Alberta — April 7, 2011 — AeroMechanical Services Ltd. (TSX-V: AMA) through its FLYHTTM brand, and the Nigerian Civil Aviation Authority (NCAA) today officially commissioned NCAA’s new Flight Tracking Operations Command Centre (OCC) in Lagos, Nigeria. Continue reading
AeroMechanical Services to Hold Conference Call and Webcast for Fourth Quarter and Year End Results
Calgary, Alberta — April 7, 2011 — AeroMechanical Services Ltd. (TSX-V: AMA) today announced it will hold a conference call and webcast to discuss its fourth quarter and year end results on Monday, April 11, 2011 at 9 am MT (11 am ET). Continue reading
STC issued to AeroMechanical Services for AFIRS 228
CALGARY, Alberta–AeroMechanical Services Limited (TSX VENTURE: AMA) (the “Company” or “AMA”) is pleased to report that it has received a provisions only Supplemental Type Certificate (“STC”) from Transport Canada this week which allows for the installation of wiring and equipment to support an AFIRS 228 on the Hawker Beechcraft 987 series of aircraft. This STC has been forwarded to EASA for acceptance in Europe. Continue reading
AeroMechanical Services Receives Repayable Government Investment of $1.96 Million
CALGARY, Alberta–AeroMechanical Services Limited (TSX VENTURE: AMA) (the “Company” or “AMA”) is pleased to announce it will be receiving a significant investment from the Canadian federal government of $1.96 million to assist in the development and certification of the Company’s next-generation, unique, patented Automated Flight Information Reporting System (AFIRS™) product. The funding, which AMA is expected to repay over the course of the next 15 years, was granted by the Canadian federal government’s Strategic Aerospace and Defence Initiative (“SADI”) program. Continue reading
AeroMechanical Services Retains Strategic Investor Relations Consulting and Investor Contact Service Providers
CALGARY, Alberta–AeroMechanical Services Limited (TSX VENTURE: AMA) (the “Company” or “AMA”) today announced the engagement of Barnes McInerney Inc. as strategic investor relations consultants and the continued engagement of The Howard Group for investor contact services. Continue reading
AeroMechanical Services Ltd. Announces Closing of Concurrent Private Placements
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
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
