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Espial Group Inc (ESP.TO)

ESP.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Espial Group Q4 revenue of $12.7 million
Thursday, 23 Feb 2017 04:00pm EST 

Espial Group Inc : Espial reports fourth quarter and full year 2016 results . Q4 revenue of $12.7 million .Espial Group Inc qtrly earnings per common share $ 0.07.  Full Article

Espial Group announces its intention to make a normal course issuer bid
Monday, 22 Aug 2016 08:30am EDT 

Espial Group Inc : Espial announces its intention to make a normal course issuer bid .Says repurchases will not exceed 3.2 million common shares, representing 10% of Espial public float of common shares.  Full Article

Espial reports 2016 second quarter results
Wednesday, 3 Aug 2016 04:00pm EDT 

Espial Group Inc : Espial reports 2016 second quarter results .Q2 revenue c$4.549 million versus c$5.5 million.  Full Article

Espial Group Inc closes $35 mln bought deal financing
Wednesday, 6 May 2015 09:30am EDT 

Espial Group Inc:Closes short form prospectus offering, on a bought deal basis, of 8,750,000 common shares for aggregate gross proceeds to Espial of $35 mln.Says offering was completed at price of $4.00 per common share.Underwriters were GMP Securities L.P. and Beacon Securities Limited including Mackie Research Capital Corporation, Haywood Securities Inc. and PI Financial Corp.Grants underwriters an over-allotment option to purchase up to an additional 1,250,000 common shares at offering price, exercisable in whole or in part, at any time on or prior to date that is 30 days following closing of offering.Intends to use net proceeds from offering to strengthen it's balance sheet and complement funding of working capital for long term growth.Portion of net proceeds is allocated to finance future potential acquisitions that expand, complement or are otherwise related to it's current business.  Full Article

Espial Group Inc announces increase to previously announced bought deal financing
Wednesday, 15 Apr 2015 10:44am EDT 

Espial Group Inc:Says that it has agreed with a syndicate of underwriters co-led by GMP Securities L.P. and Beacon Securities Limited and including Mackie Research Capital Corporation, Haywood Securities Inc. and PI Financial Corporation.To upsize its previously announced "bought deal" public offering of common shares of the company to 8,750,000 Common Shares at a price of $4.00 per common share for aggregate gross proceeds to the company of $35,000,000.  Full Article

Espial Group Inc announces $20 million bought deal financing
Wednesday, 15 Apr 2015 07:30am EDT 

Espial Group Inc:Enters into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and Beacon Securities Limited, pursuant to which the Underwriters have agreed to purchase, on bought deal basis pursuant to filing of short form prospectus, 5,000,000 common shares of Company.Says at price of $4.00 per Common Share.Says for aggregate gross proceeds to Espial of $20,000,000.Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 750,000 Common Shares at the Offering Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering.If this option is exercised in full, an additional $3,000,000 in gross proceeds will be raised pursuant to the Offering and the aggregate gross proceeds of the Offering will be $23,000,000.  Full Article

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BRIEF-Espial adopts shareholder rights plan and new bylaws

* If ratified by shareholders, rights plan will have an initial term of three years