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Tag "organic-resource-management-inc"

Organic Resource Management Inc. Announces Closing of Previously Announced Arrangement 0

TORONTO, ONTARIO — (Marketwire) — 12/14/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or the "Company") announced today the successful completion of the previously announced plan of arrangement (the "Arrangement") involving, among other things, the acquisition of all of the outstanding common shares of ORMI (the "Common Shares") by Walker Industries Holdings Limited ("Walker") for $3.25 per Common Share in cash.With the co

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ORMI Obtains Final Order of the Court Approving Acquisition by Walker Industries Holdings Limited 0

TORONTO, ONTARIO — (Marketwire) — 12/11/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company") today announced that it has obtained a final order from the Ontario Superior Court of Justice approving ORMI-s previously announced plan of arrangement (the "Arrangement") with Walker Industries Holdings Limited ("Walker").The Arrangement has received the required approval by the shareholders of ORMI and is expected to become effe

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ORMI Shareholders Vote in Favour of Acquisition by Walker Industries Holdings Limited 0

TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), today announced that the previously announced arrangement involving the acquisition of all of the outstanding common shares of ORMI by Walker Industries Holdings Limited ("Walker") was approved by the shareholders of ORMI at the special meeting of ORMI-s shareholders held earlier today. The Company-s report on voting results will be availa

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ORMI Reports Fiscal 2013 First Quarter Results 0

TORONTO, ONTARIO — (Marketwire) — 11/22/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), today announced its financial results for the three month period ended September 30, 2012."Higher revenues, improved gross margin and lower operating costs all contributed to positive financial results for the quarter," said Charles Buehler, Chairman and Chief Executive Officer of ORMI. "As a result, net income was $45,000 for the qua

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Organic Resource Management Inc.: Update on Strategic Alternatives Review 0

TORONTO, ONTARIO — (Marketwire) — 04/04/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), is providing an update to its previously announced strategic alternatives review in order to provide clarity because of the significant amount of time that has elapsed in the process.As previously announced, in December 2010, the Company-s Board of Directors formed a Special Committee of its independent Directors to examine and explore matters relat

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Organic Resource Management Inc.: Accident Claim Settled 0

TORONTO, ONTARIO — (Marketwire) — 03/21/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), is pleased to announce that the traffic accident claim for $31 million has been settled within the limits of the Company-s insurance coverage subject to court approval.As previously reported, the Company received a statement of claim on February 3, 2009 in the amount of $31 million pertaining to a traffic accident which occurred in September 2008. T

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