GreenFirst Forest Products Inc , is pleased to announce that 1347 Investors LLC, one of its investee companies, has initiated a strategic review process to explore and evaluate a broad range of alternatives to increase and maximize shareholder value with respect to its real estate assets following its acquisition of the sawmill and related surplus [...]
Itasca Capital Ltd. is pleased to announce that, further to its news release dated September 17, 2020, the Company has changed its name to "GreenFirst Forest Products Inc." Effective at the opening of trading on January 13, 2021, the common shares of the Company will trade on the TSX Venture Exchange under the new name and under the new trading [...]
Itasca Capital Ltd. is pleased to announce that Michael Liggett has been appointed as Chief Financial Officer and Corporate Secretary of the Company, effective December 14, 2020. Mr. Liggett comes to Itasca with extensive experience in deal structuring, negotiations, due diligence, valuation, risk management, regulatory compliance, and financial [...]
Itasca Capital today filed its unaudited interim financial statements for the nine months ended September 30, 2020 and the related management discussion & analysis, both of which are available under Itasca's profile on SEDAR. All amounts are in Canadian dollars unless indicated otherwise. The Company reported net loss attributable to common [...]
Itasca Capital Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement financing of 2,000,000 units at a purchase price of $0.50 per Unit and of 4,000 convertible debentures at a purchase price of $1,000 per Convertible Debenture, for aggregate gross proceeds of $5,000,000. Concurrently with the [...]
Itasca Capital Ltd. is pleased to announce that, further to its press release of September 17, 2020, one of its investee companies, 1347 Investors LLC , today completed its investment in a sawmill and related assets located in Kenora, Ontario The purchased assets are comprised of a sawmill and related equipment and lands of approximately 114 acres [...]
Itasca Capital Ltd. is pleased to announce that one of its investee companies, 1347 Investors LLC has agreed to acquire , for consideration of $11.5 million in cash, a sawmill and related assets located in Kenora, Ontario from the court-appointed receiver of a resource-based vendor. In connection with the Acquisition, Itasca intends to complete a [...]
Itasca Capital Ltd. is pleased to announce that its board of directors has approved the granting of 1,701,000 stock options under its stock option plan to certain of its directors and officers to acquire up to an aggregate of 1,701,000 common shares in the capital of the Company . Each of the Options are exercisable for a period of seven years from [...]
Itasca Capital Ltd. today filed its unaudited interim financial statements for the six months ended June 30, 2020 and the related management discussion & analysis, both of which are available under Itasca's profile on SEDAR at www.sedar.com. All amounts are in Canadian dollars unless indicated otherwise. The Company reported net loss attributable [...]
Itasca Capital Ltd. today filed its unaudited interim financial statements for the three months ended March 31, 2020 and the related management discussion & analysis, both of which are available under Itasca's profile on SEDAR at www.sedar.com. All amounts are in Canadian dollars unless indicated otherwise. The Company reported net loss [...]
Itasca Capital Ltd. today filed its audited consolidated financial statements for the year ended December 31, 2019 and the related management discussion & analysis, both of which are available under Itasca's profile on SEDAR at www.sedar.com. All amounts are in Canadian dollars unless indicated otherwise. The Company reported net loss attributable [...]
Itasca Capital Ltd. is pleased to announce the voting results from its 2019 Annual General Meeting of Shareholders held in Toronto, Ontario on December 11, 2019. All resolutions put to shareholders were duly passed including the election of the Company's directors: Hassan R. Baqar, D. Kyle Cerminara, Richard E. Govignon, Lewis M. Johnson, Andrew [...]