ZDC Zedcor

Zedcor Inc. Announces Appointment of Wade Felesky as Chairman of the Board and Stock Option Grant

Calgary, Alberta--(Newsfile Corp. - May 31, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to that effective June 1, 2021, Wade Felesky will be appointed Chairman of the Board of Directors. Mr. Felesky has over 25 years of investment banking, financing and business experience. He has helped numerous companies raise debt and equity financing and will help Zedcor execute its strategy of expanding its security and surveillance business. Mr. Felesky's contacts, investment and business knowledge will be valuable to the Board as it continues to fulfill its mandate. Dean Swanberg will continue to serve as a member of the Board of Directors and Chairman of the Corporate Governance and Nomination Committee.

In addition, the Company announces that options to purchase 200,000 common shares of the Company were granted to employees of the Company, with an exercise price of $0.28 per share. The options have been granted pursuant to the Company's 10% rolling stock option plan and will expire five years from the date of grant. All of the options will vest as to one third thereof on each of the first, second and third anniversaries of the date of grant.

About Zedcor Inc.

Zedcor Inc. is a Canadian public corporation and parent company to Zedcor Security Solutions Corp. Zedcor is engaged in the providing security & surveillance services, and rental of surface equipment & accommodations in Western Canada. The Company trades on the TSX Venture Exchange under the symbol "ZDC". Zedcor operates with two business segments: Security & Surveillance and Rentals.

For further information contact:

Todd Ziniuk
Chief Executive Officer
P: (403) 930-5430
E:

Amin Ladha
Chief Financial Officer
P: (403) 930-5430
E:

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.

To view the source version of this press release, please visit

EN
31/05/2021

Underlying

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

Reports on Zedcor

Zedcor Inc: 1 director

A director at Zedcor Inc bought 500,000 shares at 0.580CAD and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

 PRESS RELEASE

Zedcor Inc. Announces a Stock Option Grant

Calgary, Alberta--(Newsfile Corp. - August 26, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces that options to purchase 150,000 common shares of the Company were granted to a director of the Company, with an exercise price of $0.305 per share. The options have been granted pursuant to the Company's 10% rolling stock option plan and will expire five years from the date of grant. All of the options will vest as to one third thereof on each of the first, second and third anniversaries of the date of grant.About Zedcor Inc.Zedcor Inc. is a Canadian public corporation and pare...

 PRESS RELEASE

Zedcor Inc. Announces Second Quarter Results for 2021

Calgary, Alberta--(Newsfile Corp. - August 18, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three and six months ended June 30, 2021.Financial and Operating Results for the three and six months ended June 30, 2021:Three months ended June 30Six months ended June 30(in $000s)2021202020212020Revenue3,1031,4415,7902,870Adjusted EBITDA1,21,4928773,6582,924Adjusted EBIT1,2(65)111475(13)Net loss from continuing operations (935)(695)(1,341)(1,680)Net loss from operations(3,619)(1,135)(3,393)(1,422)Net loss per share from continuing operati...

 PRESS RELEASE

Zedcor Inc. Completes Sale of Rentals Segment Assets for $11.3 Million...

Calgary, Alberta--(Newsfile Corp. - June 30, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that further to its press release dated May 27, 2021, it has completed the sale of its Rentals Segment assets to Maynbridge Capital Inc ("Maynbridge").Gross cash proceeds from the transaction were $11.3 million. This amount will be applied against Zedcor's indebtedness to Maynbridge. As a result of the transaction, the Company's outstanding debt to Maynbridge, which excludes amounts drawn on the operating line of credit, is below $5.0 million. The Company's outstan...

 PRESS RELEASE

Zedcor Inc. Announces Appointment of Wade Felesky as Chairman of the B...

Calgary, Alberta--(Newsfile Corp. - May 31, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to that effective June 1, 2021, Wade Felesky will be appointed Chairman of the Board of Directors. Mr. Felesky has over 25 years of investment banking, financing and business experience. He has helped numerous companies raise debt and equity financing and will help Zedcor execute its strategy of expanding its security and surveillance business. Mr. Felesky's contacts, investment and business knowledge will be valuable to the Board as it continues to fulfill its mandate. Dean S...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch