reports
Critical Control Announces It Has Ceased to Be a Reporting Issuer
Calgary, Alberta,--(Newsfile Corp. - September 19, 2019) - Critical Control Energy Services Corp. ("Critical Control" or the "Corporation") (Formerly TSX: CCZ; TSX: CCZ.PR.A) announces that pursuant to an Order granted on September 17, 2019 by the Alberta Securities Commission, it has ceased to be a reporting issuer in the Provinces of Alberta, Ontario and British Columbia, and is no longer a reporting issuer in any jurisdiction of Canada. As previously announced on February 28, 2019, the Corporation voluntarily delisted from the Toronto Stock Exchange. Effective June 5, 2019 the Corporation...
Critical Control Announces Second Quarter 2019 Financial Results
Calgary, Alberta--(Newsfile Corp. - August 26, 2019) - Critical Control Energy Services Corp. (formerly TSX: CCZ; CCZ.PR.A) today reported its financial results for the three and six months ended June 30, 2019.Revenue Key strategic cloud based software generated $1.9 million in the second quarter of 2019 consistent with the comparative period in 2018. Industry associated declines in Canada were offset by penetration of the Corporation's client base in the United States ("US").Software based services revenue of $1.6 million decreased by 14% compared to the three months ended June 30, 2018 due ...
1 director bought
A director at Critical Control Energy Services Corp bought 5,848,205 shares at 0.080CAD and the significance rating of the trade was 76/100. 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 ...
Critical Control Completes Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - June 5, 2019) - Critical Control Energy Services Corp. (Formerly TSX: CCZ; TSX: CCZ.PR.A) ("Critical Control" or the "Corporation") has completed a plan of arrangement previously announced in its press release dated April 9, 2019, filed on SEDAR, among Critical Control, 2209021 Ontario Inc. and Alykhan Mamdani (the "Plan of Arrangement"). The Plan of Arrangement was approved by the holders (the "Common Shareholders") of the common shares of Critical Control (the "Common Shares") and the holders (the "Preferred Shareholders") of the Series A preferred shares...
Critical Control Announces Its Annual and Special Meeting Voting Resul...
Calgary, Alberta--(Newsfile Corp. - May 31, 2019) - Critical Control Energy Services Corp. (formerly TSX: CCZ) ("Critical Control" or the "Corporation") announces that all the motions put forth at its annual and special meeting held in Calgary on May 27, 2019 were approved by the holders of common shares and Series A preferred shares. Each of the following director nominees proposed by management of the Corporation was elected as follows: Votes For (%)Dennis Nerland 99.97 Alykhan Mamdani 99.98 Gary Bentham 99.99 Kevin Lo 99.99 Sergei Tchetvertnykh 99.99 A resolution to amend the articles of...
Critical Control Announces First Quarter 2019 Financial Results
Calgary, Alberta--(Newsfile Corp. - May 21, 2019) - Critical Control Energy Services Corp. (formerly TSX: CCZ; CCZ.PR.A) today reported its financial results for the three months ended March 31, 2019."Improved operational results in Q1 2019 compared to 2018 are early indications of success from the reorganization commenced in 2018 and completed in early 2019," said Alykhan Mamdani, CEO of Critical Control. "Given the continued uncertainty in the Canadian oil and gas industry, it is critical for us to continue execution of our focus to penetrate our software into the US market and manage costs...
Critical Control Announces Proposed Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - April 9, 2019) - Critical Control Energy Services Corp. (formerly TSX: CCZ; TSX: CCZ.PR.A) ("Critical Control" or the "Company") is pleased to announce that it has entered into an arrangement agreement with 2209021 Ontario Inc. ("Numberco") and Alykhan Mamdani ("Mamdani") providing for the re-arrangement and re-organization of the ownership structure of Critical Control (the "Agreement").Summary of the Arrangement Pursuant to the Agreement, Critical Control will offer to its shareholders, by way of a statutory plan of arrangement under the Business Corporat...
Critical Control Announces 2018 Year End Financial Results
Calgary, Alberta--(Newsfile Corp. - March 27, 2019) - Critical Control Energy Services Corp. (formerly TSX: CCZ; CCZ.PR.A) today reported its financial results for the year ended December 31, 2018."Industry challenges in 2018, the impact of such challenges on the Corporation's operational performance and the resulting negative repercussions on liquidity required extraordinary measures to address," said Alykhan Mamdani, CEO of Critical Control. "Management is confident that the measures taken in 2018 and early 2019 will ensure the Corporation's viability and will position the Company for futur...
Early Warning Report
Early Warning Report CALGARY, Alberta, Feb. 26, 2019 (GLOBE NEWSWIRE) -- 2209021 Ontario Inc., a company controlled by Sergei Tchetvertnykh, has filed an Early Warning Report in accordance with National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues, in connection with its acquisition of 2,800,000 common shares of Critical Control Energy Services Corp. (“Critical Control”) (TSX: CCZ; CCZ.PR.A) pursuant to an arranged transaction facilitated on the Toronto Stock Exchange. Immediately before the acquisition of the 2,800,000 common shar...
Critical Control to Delist February 28, 2019
Critical Control to Delist February 28, 2019 CALGARY, Alberta, Feb. 25, 2019 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ; CCZ.PR.A) ("Critical Control") is providing an update regarding its common shares and series A preferred shares which currently trade on the Toronto Stock Exchange. Further to the Corporation’s press release dated February 12, 2019, the common shares and preferred shares of Critical Control will be delisted from the Toronto Stock Exchange as of the close of trading on February 28, 2019. After this time, there will not be an exchange on which ...
Critical Control’s Application to Delist From TSX Accepted
Critical Control’s Application to Delist From TSX Accepted CALGARY, Alberta, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ; CCZ.PR.A) ("Critical Control") announces that the TSX has accepted the Corporation’s application to voluntarily delist from the TSX as outlined in the Corporation’s press release dated February 12, 2019. Accordingly, the last day of trading for the common shares and preferred shares of Critical Control on the TSX will be February 28, 2019. The Corporation is not seeking an alternative listing for its shares. About Critical Co...
Critical Control to Delist From TSX
Critical Control to Delist From TSX CALGARY, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ; CCZ.PR.A) ("Critical Control") announces that it has filed an application with the Toronto Stock Exchange (the “TSX”) to voluntarily delist the common and preferred shares of the Company from trading on the TSX. The board of directors of Critical Control has resolved that it is in the best interests of the Company to delist its shares from trading on the TSX and NOT SEEK AN ALTERNATIVE LISTING. “Our Company has materially transformed in the past 90 da...
Critical Control Under Remedial Delisting Review By Toronto Stock Exch...
Critical Control Under Remedial Delisting Review By Toronto Stock Exchange CALGARY, Alberta, Jan. 30, 2019 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (“Critical Control”) (TSX: CCZ; TSX: CCZ.PR.A) has received notice from the Toronto Stock Exchange (the “TSX”) that Critical Control’s common shares do not meet the continued listing requirements of the TSX. Accordingly, Critical Control has 120 calendar days from January 30, 2019 to comply with the continued listing requirements, failing which the common shares will be delisted 30 days thereafter (the “Final Delisting Date”...
Early Warning Report
Early Warning Report CALGARY, Alberta, Jan. 28, 2019 (GLOBE NEWSWIRE) -- 2209021 Ontario Inc., a company controlled by Sergei Tchetvertnykh, has filed an Early Warning Report in accordance with National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues, in connection with its acquisition of 3,465,000 common shares of Critical Control Energy Services Corp. (“Critical Control”) (TSX: CCZ) pursuant to an arranged transaction facilitated on the open market. Immediately before the acquisition of the 3,465,000 common shares, which occurred ear...
Early Warning Report
Early Warning Report CALGARY, Alberta, Jan. 24, 2019 (GLOBE NEWSWIRE) -- 2209021 Ontario Inc., a company controlled by Sergei Tchetvertnykh, has filed an Early Warning Report in accordance with National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues, in connection with its acquisition of 4,007,000 common shares of Critical Control Energy Services Corp. (“Critical Control”) (TSX: CCZ) pursuant to an arranged transaction facilitated on the open market. Immediately before the acquisition of the 4,007,000 common shares, which occurred earli...
Critical Control: Management Appointments
Critical Control: Management Appointments CALGARY, Alberta, Dec. 20, 2018 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ; CCZ.PR.A) ("Critical Control") announces the appointments of Andrew Varsanyi and Brandy Hunter as Vice Presidents of Critical Control. As part of a restructuring to reduce costs and streamline operations, Karim Punja, Chief Operating Officer and Brad Lepla, Chief Financial Officer have resigned their positions to pursue other opportunities. “Andrew and Brandy have been instrumental in the growth of Critical Control and it has been a privilege to...
Critical Control Announces Third Quarter 2018 Financial Results
Critical Control Announces Third Quarter 2018 Financial Results CALGARY, Alberta, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ; CCZ.PR.A) today reported its financial results for the three and nine months ended September 30, 2018. “Negative market sentiment in Canada and increased competitiveness in field services in the US continues to impact the Corporation’s growth ambitions,” said Alykhan Mamdani. “Management’s strategic response to increase focus on its core software in the US and newer offerings in Canada which provide material cost savings ...
New Secured Financing Closed
New Secured Financing Closed CALGARY, Alberta, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ; CCZ.PR.A) ("Critical Control") announces that it has closed the secured financing with Invico Diversified Income Limited Partnership, a funding vehicle managed by Invico Capital Corporation, for new senior secured financing (the “New Facilities”) previously announced on October 29, 2018. The proceeds from the New Facilities were used to fully repay the Corporation’s operating line and term loans with the Corporation’s previous secured lender and will also be...
Critical Control: Announcement of New Secured Financing
Critical Control: Announcement of New Secured Financing CALGARY, Alberta, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ) ("Critical Control") announces that it has executed definitive loan agreements with Invico Diversified Income Limited Partnership, a funding vehicle managed by Invico Capital Corporation, for new senior secured financing (the “New Facilities”). The proceeds from the New Facilities will be used to fully repay the Corporation’s current operating line, term loans and for additional working capital. “Industry trends for oil and gas ser...
Critical Control Announces Second Quarter 2018 Financial Results
Critical Control Announces Second Quarter 2018 Financial Results CALGARY, Alberta, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Critical Control Energy Services Corp. (TSX: CCZ.PR.A) today reported its financial results for the three and six months ended June 30, 2018. “Management is actively engaged to improve efficiency, reduce cost and increase profitability,” said Alykhan Mamdani. “Management is confident that the growth from its key strategic initiatives are the foundation of future profitability.” Revenue Key strategic Cloud based software generated $2.0 million in ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.