XBC Xebec Adsorption

Xebec to Present at the Canaccord Genuity 39th Annual Growth Conference on August 7th in Boston

Xebec to Present at the Canaccord Genuity 39th Annual Growth Conference on August 7th in Boston

MONTREAL, July 29, 2019 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSXV: XBC) (OTC: XEBEF) (“Xebec”), a global provider of clean energy solutions, today announced that Dr. Prabhu Rao, Chief Operating Officer,  will present at the Canaccord Genuity 39th Annual Growth Conference to be held at the InterContinental Hotel in Boston, MA.

Management is scheduled to present at 5:00 P.M, Eastern Time on Wednesday, August 7, 2019, and will be available to meet one-on-one with investors throughout the day and on Thursday.

Portfolio managers and analysts who wish to request a meeting with management should contact their Canaccord Genuity representative.

Dr. Rao’s participation will not be webcast. However, the latest investor presentation is available in the investor’s section of the Company’s website at .

Related links:

For more information:

Xebec Adsorption, Inc.

Sandi Murphy, Director, Investor Relations and Marketing

+1 450.979.8718

Kurt Sorschak, President and Chief Executive Officer

About Xebec Adsorption Inc.

Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at .

Cautionary Statement

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements and subject to risks and uncertainties. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “seeks”, “expects”, “estimates”, “intends”, “anticipates”, “believes”, “could”, “might”, “likely” or variations of such words, or statements that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “will be taken”, “occur”, “be achieved” or other similar expressions. Forward-looking statements, including statements concerning future capital expenditures, revenues, expenses, earnings, economic performance, indebtedness, financial condition, losses and future prospects as well as the expectations of management of Xebec with respect to information regarding the business and the expansion and growth of Xebec operations, involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are subject to business and economic factors and uncertainties, and other factors that could cause actual results to differ materially from these forward-looking statements, including the relevant assumptions and risks factors set out in Xebec's public documents, including in the most recent annual management discussion and analysis and annual information form, filed on SEDAR at Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the uncertain and unpredictable condition of global economy, Xebec’s capacity to generate revenue growth, limited number of customers, and other factors. Although Xebec believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, Xebec disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

EN
29/07/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Xebec Adsorption

 PRESS RELEASE

Xebec se place sous la protection de la LACC afin de poursuivre sa res...

MONTRÉAL--(BUSINESS WIRE)-- Xebec Adsorption Inc. (TSX : XBC) (« Xebec » ou la « Société »), fournisseur mondial de solutions d’énergies propres, a annoncé aujourd'hui que la Cour supérieure du Québec (la « Cour ») a accordé la demande d'ordonnance initiale (l’ « Ordonnance initiale ») de la Société en vertu de la Loi sur les arrangements avec les créanciers des compagnies (la « LACC »). Xebec a l’intention de demander la reconnaissance de l’Ordonnance initiale et de l’ordonnance SISP (telle que définie ci-dessous) aux États-Unis en vertu du chapitre 15 du Bankruptcy Code. Conformément à l’Or...

 PRESS RELEASE

Xebec Obtains Creditor Protection Under the CCAA to Pursue Restructuri...

MONTRÉAL--(BUSINESS WIRE)-- Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Corporation”), a global provider of sustainable gas solutions, announced today that the Superior Court of Québec (the “Court”) has granted the Corporation’s application for an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (the “CCAA”). Xebec intends to seek recognition of the Initial Order and the SISP Order (as defined below) in the United States under Chapter 15 of the Bankruptcy Code. Pursuant to the Initial Order, the Corporation and its Canadian and U.S. wholly owned subsidi...

 PRESS RELEASE

Xebec Seeks Creditor Protection Under the Companies’ Creditors Arrange...

MONTRÉAL--(BUSINESS WIRE)-- Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Corporation”), a global provider of sustainable gas solutions, announces that it will file today an application with the Superior Court of Québec (the “Court”) for an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (the “CCAA”) and seek recognition of the Initial Order in the United States under Chapter 15 of the Bankruptcy Code. The Initial Order is expected to provide a stay of proceedings and creditor claims in favour of Xebec and its Canadian and U.S. wholly owned subsidiaries ...

 PRESS RELEASE

Xebec annonce son intention de se placer sous la protection de la Loi ...

MONTRÉAL--(BUSINESS WIRE)-- Xebec Adsorption Inc. (TSX : XBC) (« Xebec » ou la « Société »), fournisseur mondial de solutions d’énergies propres, annonce qu’elle déposera aujourd’hui une demande d’ordonnance initiale (l’« Ordonnance initiale ») auprès de la Cour supérieure du Québec (la « Cour ») en vertu de la Loi sur les arrangements avec les créanciers des compagnies (la « LACC ») et demandera la reconnaissance de l’Ordonnance initiale aux États-Unis en vertu du chapitre 15 du Bankruptcy Code. L’Ordonnance initiale devrait permettre de suspendre les procédures et les réclamations des créan...

 PRESS RELEASE

Xebec Announces Q2 2022 Financial Results

MONTRÉAL--(BUSINESS WIRE)-- Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Company”), a global provider of sustainable gas technologies, announced today its 2022 second quarter results, with the following highlights: Second Quarter 2022 Highlights Revenues of $44.5 million compared to $32.7 million for the same period in 2021 Gross margin (Non-IFRS) of $1.8 million or 4% compared to $5.0 million or 15% for the same period in 2021 Adjusted EBITDA (Non-IFRS) of ($12.0) million compared to ($5.2) million for the same period in 2021 Net loss of $23.4 million or $0.15 per share compared...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch