MONTREAL, QUEBEC — (Marketwire) — 10/17/12 — Velan Inc. (the "Corporation") (TSX: VLN) announced today that it has received approval of the Toronto Stock Exchange ("TSX"), to proceed with a normal course issuer bid. Under the bid, the Corporation may purchase up to 100,000 Subordinate Voting Shares (the "Shares") of the Corporation, representing approximately 1.56% of the issued Shares of such class as at October 12, 2012. The average daily trading volume for t
MONTREAL, QUEBEC — (Marketwire) — 10/12/12 — Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2012.HighlightsSecond Quarter Fiscal 2013 (unless otherwise noted, all comparisons are to the second quarter of fiscal 2012):First Half Year Fiscal 2013 (unless otherwise noted, all comparisons are to the first half year of fiscal 2012):"We are pleased that we are gr
CHICAGO, IL — (Marketwire) — 10/10/12 — , a leading valuation, financial advisory and boutique investment banking firm, advised the shareholders of American Industrial Plastics, Inc. ("AIP") on the sale of AIP to Fenner PLC-s Houston based Fenner Advanced Sealing Technologies (FAST) group. Terms were not disclosed. Joe Lunkes, Managing Director, was responsible for the client engagement.AIP, located in Daytona Beach, Florida, manufactures complex and difficult-to-machine components
ORLANDO, FL — (Marketwire) — 10/09/12 — , a subsidiary of . (PINKSHEETS: SHFK), a family of companies providing fully integrated steel construction services, announces plans to re-open their fabrication plant in 2013 as a result of increased market demand in the region, as well as international markets serviced by Schuff from its Florida location and other facilities across the country.The construction market in the Southeast region has been very challenging over the last few years. During
WASHINGTON, DC — (Marketwire) — 10/09/12 — Today, Case New Holland (CNH) hosted Illinois Congresswoman Judy Biggert at its facility in Burr Ridge, IL, where she was honored by the National Association of Manufacturers (NAM) for her commitment to manufacturing.At the ceremony, the NAM presented her with the Award for Manufacturing Legislative Excellence, an accolade that recognizes consistent support of manufacturers and their employees across the United States."On behalf of CNH, I want
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VANCOUVER, BRITISH COLUMBIA and LISLE, ILLINOIS — (Marketwire) — 10/03/12 — Kelso Technologies Inc. (TSX VENTURE: KLS)(OTCQX: KEOSF) (the "Company" or "Kelso") – Kelso reports that the Company has received regulatory approval from the Association of American Railroads (AAR) for its new heavy-duty, high performance external pressure relief valve (EPRV) known as the JS75XH/27 that was successfully tested by independent sources in August 2012.The AAR approval number for the
MONTREAL, QUEBEC — (Marketwire) — 10/02/12 — Velan Inc. (TSX: VLN) today announced that on Friday, October 12, 2012, it will release second quarter results ended August 31, 2012.The company will hold an analyst call on Friday, October 12, 2012 at 4:30 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 888-224-7971, and quoting the reservation number 21607087. There will be a PostView available for 7 days following this conference call. The numbers are a
VANCOUVER, BRITISH COLUMBIA and LISLE, ILLINOIS — (Marketwire) — 10/01/12 — Kelso (TSX VENTURE: KLS)(OTCQX: KEOSF) (the "Company" or "Kelso") reports that it has closed its non-brokered private placement as announced on August 30, 2012 and amended on September 27, 2012 in the amount of US$1,197,000 on September 28, 2012.The Company issued 1,995,000 units of the Company at a price of US$0.60 per unit. Each unit consists of one common share and one-half of one share purcha
VANCOUVER, BRITISH COLUMBIA and LISLE, ILLINOIS — (Marketwire) — 09/27/12 — Kelso (the "Company" or "Kelso") (TSX VENTURE: KLS)(OTCQX: KEOSF) reports that it has increased its non-brokered private placement announced on August 30, 2012 from 1,500,000 units to up to 2,000,000 units for gross proceeds in the amount of up to US$1,200,000.The Company will issue up to 2,000,000 units of the Company at a price of US$0.60 per unit. Each unit consists of one common share and one