ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Bluedrop Performance Learning Inc. (TSX-V:BPLI) ("Bluedrop" or the "Company") is pleased to announce that the TSX Venture Exchange ("TSXV") has accepted the Company's notice of intention to make a normal course issuer bid ("NCIB"). Under the terms of the NCIB, Bluedrop may acquire up to an aggregate of 4,962,464 common shares. In the opinion of the board of directors of Bluedrop, its common shares have been trading at prices that do not reflect the underlying value of...
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPLI) is pleased to announce that the shareholders approved all of the proposals put forward by the Board of Directors at the annual general meeting of shareholders held on March 8, 2018 (the “Meeting”). At the Meeting, the shareholders re-elected Emad Rizkalla, Derrick Rowe, Andrew Youngman, Paul Sparkes and Tom Astle as directors of Bluedrop to hold office until their successors are duly elected or appointed. In add...
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPLI) today reported its financial results for the three months ended December 31, 2017. Revenues for the three months ended December 30, 2017 were $5.1 million, up from $4.7 million, an increase of 9% on the same period in the previous year. Gross profit for the period was $1.9 million, a decrease of $0.3 million over the three month period ended December 31, 2016. Pre-tax income was a loss of $0.4 million for the three mon...
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Further to its news release dated March 31, 2017, Bluedrop Performance Learning Inc. (TSX-V:BPLI) ("Bluedrop" or the "Company") is pleased to provide an update on its normal course issuer bid ("NCIB"). Under the terms of the NCIB, Bluedrop may acquire up to an aggregate of 5,052,889 common shares during the term of the NCIB, which is from March 31, 2017 to March 30, 2018. Under TSX Venture Exchange (“TSXV”) policies, Bluedrop is entitled to purchase up to 2% of the total iss...
HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Bluedrop Performance Learning Inc. (“Bluedrop”) (TSX-V: BPLI) through its subsidiary Bluedrop Training & Simulation Inc. has received a $1M contract through the Build in Canada Innovation Program to deliver an innovative new approach to hoist training for the Royal Canadian Air Force’s Maritime Helicopter (MH) community. The new CH-148 virtual reality Rescue Hoist Simulator will provide MH crews the ability to complete mission specific hoist and crew communication evolutions in o...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop Learning Networks, a division of Bluedrop Performance Learning (BPLI-V) announce today it has secured a contract with Solar Sister (Washington D.C) to scale and build the capacity of their Associates in Nigeria and Tanzania. Solar Sister is the world’s first women-led social enterprise unlocking women’s clean energy entrepreneurship and climate leadership at scale. Leveraging Bluedrop’s technology and training expertise will help women entrepreneurs make a living, help their famil...
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Bluedrop Performance Learning Inc. (TSX-V: BPLI) ("Bluedrop" or the "Company") announced today that it has repaid in full the 14.0% unsecured convertible debenture dated December 30, 2013 (the “Debenture“) in the aggregate principal amount of $3,000,000 issued by the Company in favour of Difference Capital Financial Inc. (“Difference”). The Debenture was set to mature on December 30, 2017. Pursuant to an early repayment agreement and release entered into by Bluedrop a...
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPLI) today reported its financial results for the three months ended June 30, 2017. Revenue for the three months ended June 30, 2017 was $6.5 million, up from $5.6 million for the same period in the previous year, an increase of 14%. Gross profit for the period was $2.6 million, an increase of $0.1 million over the three-month period ended June 30, 2016. Pre-tax profit was $0.1 million for the current quarter compared to $0...
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Bluedrop Performance Learning Inc. (TSX-V: BPLI) ("Bluedrop" or the "Company") announced today that the Company has agreed to amend the terms of two promissory notes issued to the Company by Name 3 Capital Inc. (“Name 3”) in the aggregate amount of $169,816, to extend the maturity dates of the notes from June 27, 2017 and January 31, 2018 to December 31, 2019. The indebtedness is in relation to the purchase of common shares of Bluedrop by Name 3, a company controlled by Derric...
ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)-- Bluedrop Performance Learning Inc. (TSX-V:BPL) ("Bluedrop" or the "Company") is pleased to announce that the TSX Venture Exchange ("TSXV") has accepted the Company's notice of intention to make a normal course issuer bid ("NCIB"). Under the terms of the NCIB, Bluedrop may acquire up to an aggregate of 5,052,889 common shares. In the opinion of the board of directors of Bluedrop, its common shares have been trading at prices that do not reflect the underlying value of ...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPL) is pleased to announce that the shareholders approved all of the proposals put forward by the Board of Directors at the annual general meeting of shareholders held on March 10, 2017 (the “Meeting”). At the Meeting, the shareholders re-elected Emad Rizkalla, Derrick Rowe, Andrew Youngman, Paul Sparkes and Tom Astle as directors of Bluedrop to hold office until their successors are duly elected or appointed. In addition, at the...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop has spent 25 years proving the impossible is possible, charting a new course and steering ideas into impact from our home in the Atlantic. The Bluedrop Innovation 25th Anniversary Scholarship knows that predicting the needs of the workforce of tomorrow requires important action today. Bluedrop is proud to sponsor three scholarships for female students in various ICT programs at College of the North Atlantic, Memorial University and Academy Canada. “Supporting women in New...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPL) today reported its financial results for the three months ended December 31, 2016. Revenue for the three months ended December 30, 2016 was $4.7 million, down from $5.6 million, a decrease of 15% on the same period in the previous year. Gross profit for the period was $2.1 million, a decrease of $0.8 million over the three month period ended December 31, 2015. Pre-tax income was a loss of $0.4 million for the three month period ...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPL) today announced that it has entered into a new $3.0 million funding agreement with the Atlantic Canada Opportunities Agency (“ACOA”). The funding is an interest free, unsecured, loan that is repayable over a 5-year period starting in October 2018. The funding will allow Bluedrop to capitalize on existing market opportunities and to develop new markets for Bluedrop’s computer-based simulation, training and eLearning solutions. The loan...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop Performance Learning “Bluedrop” (TSX-V: BPL), will release its Q1 fiscal year 2017 financial results on March 1st, 2017 after market close in North America. The company will discuss its results on a conference call at 8:30 a.m. ET on March 2nd, 2017. Date: Thursday March 2nd, 2017Time: 8:30 a.m. ETToll-free: (866) 521-4909 | International: (647) 427-2311 A replay of the fiscal year 2016 results call will be available at:(800) 585-8367 or (416) 621-4...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPL) today reported its audited financial results for the year ended September 30, 2016. Revenue for the year ended September 30, 2016 was $24.8 million up from $21.2 million, an increase of 17%. Gross profit for the year was $11.4 million up from $9.3 million, an increase of 23%. Pre-tax income for the year was $1.4 million versus $0.4 million in the prior year an improvement of $1.0 million. After tax income for the period was $1.0 ...
HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPL) announced today that its subsidiary, Bluedrop Training & Simulation Inc., has been named Business of the Year by the Halifax Chamber of Commerce. The announcement was made during an award ceremony Thursday, January 26th, 2017, held at the Marriott Harbourfront in Halifax, Nova Scotia. The Halifax Business Awards gala event boasts a spectacular night of entertainment while recognizing Halifax’s risk takers and their success. Eva Martinez, Se...
ST. JOHN’S, Newfoundland--(BUSINESS WIRE)-- Bluedrop Performance Learning “Bluedrop” (TSX-V: BPL), will release its fiscal year 2016 financial results on January 30th, 2017 after market close in North America. The company will discuss its results on a conference call at 8:30 a.m. ET on January 31st, 2017. Date: Tuesday January 31st, 2017Time: 8:30 a.m. ETToll-free: (866) 521-4909 | International: (647) 427-2311 A replay of the fiscal year 2016 results call will be available at:(800) 585-8367 or (416) ...
HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Bluedrop Performance Learning Inc. (“Bluedrop”) (TSX-V: BPL) through its subsidiary Bluedrop Training & Simulation Inc.,has received a contract of over $5.5M from KF Aerospace Defence Programs, operators of the Canadian Forces flight training program in Southport, Manitoba, to deliver a new Bell 206 Level 7 Flight Training Device (FTD) for the Contracted Flying Training and Support (CFTS) Program. This new Level 7 FTD will provide the helicopter pilots with the most up to date flight tr...
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