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Prism Medical Ltd (PM.V)

PM.V on TSX Venture Exchange

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22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Prism Medical obtains interim order for plan of arrangement
Thursday, 21 Jul 2016 06:12pm EDT 

Prism Medical Ltd : Prism Medical Ltd obtains interim order for plan of arrangement . Obtained an interim order of Ontario Superior Court of Justice . It is currently anticipated that arrangement will be completed by early September 2016 .Interim order provides for holding of a special meeting of holders of common shares to approve deal involving Handicare Holdings Ltd.  Full Article

Prism Medical appoints Bill Edwards CFO
Friday, 10 Jun 2016 04:15pm EDT 

Prism Medical Ltd : Prism Medical announces appointment of new chief financial officer . Says Bill Edwards appointed CFO .Bill Edwards succeeds Rose Papastamos as CFO.  Full Article

Prism Medical Ltd announces appointment of chief executive officer
Friday, 5 Feb 2016 04:02pm EST 

Prism Medical Ltd:Says Ross Scavuzzo, its senior vice president, Canada, has been appointed as Chief Executive Officer.Says Scavuzzo replaces Andrew Mcintyre as CEO and john c. charles as interim CEO.Says John Charles will remain as vice chairman and as a member of the board.Says Mcintyre will remain as chairman and as a member of the board.  Full Article

Prism Medical Ltd declares dividend
Tuesday, 27 Oct 2015 05:37pm EDT 

Prism Medical Ltd:Declares a dividend of $0.125 per common share to shareholders of record on December 1, 2015, to be paid on December 8, 2015.  Full Article

Prism Medical Ltd reports CEO Medical Leave of Absence
Tuesday, 27 Oct 2015 05:02pm EDT 

Prism Medical Ltd:Announced that Andrew McIntyre, its CEO and Executive Chairman has recently been diagnosed with non-Hodgkin lymphoma cancer.Says McIntyre Is undergoing chemotherapy and will be taking a medical leave of absence for treatment which is anticipated to last six months.McIntyre will remain as Executive Chairman and as a member of the Board.  Full Article

Prism Medical Ltd approves payment of $0.125 per common share dividend
Tuesday, 28 Jul 2015 02:25pm EDT 

Prism Medical Ltd:Says that it has approved the payment of $0.125 per common share to shareholders of record on Aug. 17, 2015.Says to be paid on Aug. 27, 2015.  Full Article

Prism Medical Ltd announces dividend
Tuesday, 24 Mar 2015 07:05pm EDT 

Prism Medical Ltd:Approved payment of $0.125 per common share to shareholders of record on April 10, to be paid on April 17.  Full Article

Prism Medical announces acquisition of assets of Angel Accessibility Solutions and Beka-Hospitec distribution rights
Friday, 9 Jan 2015 04:30pm EST 

Prism Medical Ltd:Says its wholly-owned subsidiary, Angel Accessibility Inc (Purchaser), has acquired substantially all of the assets and business of Angel Accessibility Solutions Ltd., a British Columbia-based provider of safe patient handling and elevating products and services.Purchase price paid for Business on closing was about $3,675,000, plus assumption of certain debts of the Business by the Purchaser.In addition to purchase price paid on closing, there are potential earn-out payments dependent upon the achievement of agreed EBITDA targets of the Business over the next four years.Purchase price paid at closing was satisfied through the payment of cash and the issuance of 79,186 common shares of Prism at a price of $8.84 per share.Prism Shares are subject to a four month hold period pursuant to applicable securities laws and to a 12 month lock-up period pursuant to an agreement between the parties.As part of transaction Prism acquired the exclusive Canadian rights, other than for Quebec and Atlantic Provinces, to distribute and service bathing, transfer and transport devices and hygiene products on behalf of Beka-Hospitec.  Full Article

Prism Medical Ltd declares dividend
Wednesday, 29 Oct 2014 04:30pm EDT 

Prism Medical Ltd:Says on Oct. 28, approved the payment of $0.125 per common share to shareholders of record on Dece. 1 to be paid on Dec. 5.  Full Article

Prism Medical Ltd announces substantial issuer bid
Thursday, 7 Aug 2014 01:00pm EDT 

Prism Medical Ltd:Says that its board of directors has authorized an offer to repurchase for cancellation up to $35 million worth of its common shares at a price range of $8.00 to $8.75 per Share, through a Dutch auction type substantial issuer bid.Says up to a maximum of 4,375,000 Shares may be repurchased under the issuer bid, representing about 49 pct. of Prism's outstanding Shares.Says Prism currently has approximately 8,897,779 shares issued and outstanding.Says all monetary references in this news release are in Canadian dolla.  Full Article