MONTREAL, QUEBEC — (Marketwire) — 07/09/12 — Velan Inc. (the "Corporation") (TSX: VLN) announced today that it has amended its normal course issuer bid in order to increase the maximum number of Subordinate Voting Shares (the "Shares") that it intends to repurchase for cancellation during the twelve month period ending October 20, 2012 from 100,000 Shares to 330,440 Shares, representing 5% of the Corporation-s issued and outstanding Shares as at October 12, 2011 (see pre
MONTREAL, QUEBEC — (Marketwire) — 05/11/12 — Velan Inc. (TSX: VLN) today announced that on Thursday, May 17, 2012, it will release fourth quarter year-end results ended February 29, 2012.The company will hold an analyst call on Thursday, May 17, 2012 at 4:30 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 888-628-4143, and quoting the reservation number 21591591. There will be a PostView available for 7 days following this conference call. The number
MONTREAL, CANADA — (Marketwire) — 02/02/12 — Velan Inc. (TSX: VLN) announces the approval by its Board of Directors of a majority voting policy with respect to the election of directors in an uncontested election. In the event that a nominee receives more "withheld" than "for" votes in an uncontested election, such person will be expected to submit to the Board of Directors, his or her resignation, to take effect upon acceptance by the Board. The Board of Directors, on t
MONTREAL, QUEBEC — (Marketwire) — 10/18/11 — 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 1.51% of the issued Shares of such class as at October 12, 2011. The average daily trading volume for t
MONTREAL, QUEBEC — (Marketwire) — 08/02/11 — Velan Inc. (TSE: VLN), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2011.HighlightsFirst Quarter 2012 (all comparisons versus first quarter fiscal 2011, unless otherwise noted):International Financial Reporting Standards "IFRS"The Company-s quarterly results are prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP")
MONTREAL, QUEBEC — (Marketwire) — 07/20/11 — Velan Inc. (TSX: VLN) today announced that on Tuesday, August 2, 2011, it will release first quarter results ended May 31, 2011.The company will hold an analyst call on Tuesday, August 2, 2011 at 4:30 p.m. (Eastern Daylight Time) to discuss the results. The call may be accessed by dialing 800-268-2160, and quoting the reservation number 21532681. There will be a PostView available for 7 days following this conference call. The numbers are as foll