Edition:
United States

Logan International Inc (LII.TO)

LII.TO on Toronto Stock Exchange

0.59CAD
26 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Logan International posts Q1 loss from cont ops of $0.12 per share
Monday, 16 May 2016 04:57pm EDT 

Logan International Inc : "We will pursue disposition of any non-core assets" . "During quarter, we breached a financial covenant in our credit agreement" . Will remain committed to maintaining at least a break even cash flow in order to minimize additional bank borrowings . Lenders have granted a temporary waiver of breach . "We will pursue disposition of any non-core assets" . Logan International reports first quarter 2016 financial results . Q1 loss per share $0.12 from continuing operations .Q1 revenue $10.7 million.  Full Article

Logan International Inc's Logan Oil Tools, Inc announces acquisition of Houston Engineers Specialty Fishing Tool Product Line
Monday, 17 Nov 2014 04:15pm EST 

Logan International Inc:Says Logan Oil Tools, Inc., wholly owned subsidiary, has purchased certain assets from Smith International, Inc.Assets include inventory, rights to manufacture and sell HE fishing tools and certain intellectual property including use of the trade names Houston Engineers and HE.HE tools are specialized tools that are used primarily to free and remove downhole tools and equipment in connection with workover or intervention services.  Full Article

BRIEF-Logan International posts Q1 loss from cont ops of $0.12 per share

* "During quarter, we breached a financial covenant in our credit agreement"