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TORONTO, ONTARIO -- (Marketwire) -- 05/14/12 -- Aeroquest International Limited ("Aeroquest") (TSX: AQL) is pleased to announce today that the acquisition of all of the outstanding common shares of Aeroquest (the "Common Shares") by Geotech Ltd. ("Geotech"), pursuant to a court-approved plan of arrangement (the "Arrangement") under the…
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TORONTO, ONTARIO -- (Marketwire) -- 05/08/12 -- Aeroquest International Limited ("Aeroquest" or the "Corporation") (TSX: AQL) is pleased to announce that it has received a final order of the Ontario Superior Court of Justice under the Business Corporations Act (Ontario) to approve the plan of arrangement (the "Arrangement")…
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TORONTO, ONTARIO -- (Marketwire) -- 05/03/12 -- Aeroquest International Limited ("Aeroquest") (TSX: AQL) is pleased to announce that its shareholders have overwhelmingly approved the plan of arrangement described in the Management Information Circular of Aeroquest dated April 4, 2012 (the "Arrangement") to complete a business combination with Geotech…
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TORONTO, ONTARIO -- (Marketwire) -- 03/13/12 -- Aeroquest International Limited ("Aeroquest", or "the Company") (TSX: AQL) and Geotech Ltd. ("Geotech") announce that they have entered into a binding agreement (the "Agreement") to complete a business combination (the "Transaction").Transaction DetailsThe proposed Transaction is anticipated to be completed by way…
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- Revenue of $7.9 million down $2.9 million from the first quarter of fiscal 2011. - EBITDA of $(0.4) million compared to $0.7 million in the first quarter of fiscal 2011. - Cash at $1.2 million from $0.7 million on September 30, 2011. - Strategic alternatives process update…
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- Revenue of $9.2 Million, Up $0.5 Million, or 6% from Q3 of 2010 - Contract Backlog Decreases to $14.4 Million from $15.6 Million in Q2 of 2011 - EBITDA of Negative $2.4 Million, Down $0.8 Million from Q2 of 2011, Impacted by Weather & Logistics…