reports
Crosswinds Holdings Inc. Announces Change of Management
Toronto, Ontario--(Newsfile Corp. - January 8, 2021) - Crosswinds Holdings Inc. (TSX: CWI) (OTC Pink: CRSWF) ("Crosswinds" or the "Company") announces the reconstitution of management and the board of directors of the Company. Effective immediately, Mr. J. Roy Pottle has resigned as Interim Chief Executive Officer of the Company and Mr. Salman Iqbal has resigned as Interim Chief Financial Officer of the Company. Also effective immediately, Messrs. Thomas Cholnoky, Brad Gold, J. Roy Pottle and Robert Wolf have resigned as directors of the Company.The Company is pleased to announce the appointm...
Crosswinds Holdings Inc. Announces Distribution to Shareholders and M...
Crosswinds Holdings Inc. Announces Distribution to Shareholders and Management Change TORONTO, Nov. 28, 2019 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) today announced a cash distribution of $0.10 per common share of the Company, which will be paid on December 18, 2019 to shareholders of record as at December 17, 2019. Further to the Company’s previously announced plans to distribute all of its available capital, Crosswinds announced that it has given working notice of termination to Susan McCormick, its interim Chief Financial Officer, and as a result,...
Crosswinds Announces Update on Letter of Intent
Crosswinds Announces Update on Letter of Intent TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) announces that the binding letter of intent previously announced on November 13, 2018, is unlikely to be completed and the Company now expects to make a distribution to shareholders in December 2019. More information J. Roy Pottle Tel: 1-508-344-2640 Caution Regarding Forward-Looking Information This release includes certain forward-looking statements within the meaning of applicable securities laws, including statements regarding anti...
Crosswinds Holdings Inc. Reports 2018 Financial Results
Crosswinds Holdings Inc. Reports 2018 Financial Results TORONTO, March 27, 2019 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) today announced its financial results as at and for the three months and year ended December 31, 2018. Business Highlights On October 29, 2018, the Company implemented a number of steps of the Arrangement, including, a 20-for-1 share split, and an initial redemption of 95% of the Company’s common shares (“Shares”). In connection with the initial redemption, the Company distributed an aggregate of $17,456,276 or $1.8189 p...
Crosswinds Receives Notice of Delisting by TSX
Crosswinds Receives Notice of Delisting by TSX TORONTO, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) announced today that it has received notification from the Continued Listings Committee (the “Committee”) of the Toronto Stock Exchange (the “TSX”) that the Committee intends to delist the Company’s securities effective at the close of market on March 28, 2019. This action was taken by the TSX due to the Company not meeting the continued listing requirements of the TSX. The TSX notification does not affect the Company’s applicable ...
Crosswinds Announces Amendment to Binding Letter of Intent
Crosswinds Announces Amendment to Binding Letter of Intent TORONTO, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) announced today that it has entered into an amendment to its previously disclosed binding letter of intent for a reverse take-over bid or similar transaction with a private counterparty. Under the letter of intent, Crosswinds would acquire the counterparty in consideration for Crosswinds shares that on issuance would constitute a substantial majority of the Company’s outstanding equity. The letter of intent contemplate...
Crosswinds Announces Binding Letter of Intent
Crosswinds Announces Binding Letter of Intent TORONTO, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) announced today that it has entered into a binding letter of intent for a reverse take-over bid or similar transaction with a private counterparty, pursuant to which Crosswinds would acquire the counterparty in consideration for Crosswinds shares that on issuance would constitute a substantial majority of the Company’s outstanding equity. The parties have agreed to negotiate definitive agreements, and undertake due diligence, on an e...
Crosswinds Holdings Inc. Reports Q3 2018 Financial Results
Crosswinds Holdings Inc. Reports Q3 2018 Financial Results TORONTO, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) today announced its financial results as at and for the three and nine months ended September 30, 2018. Business Highlights During the quarter, the Board unanimously resolved, having regard to the Company’s available resources and opportunities, that it was in the best interests of the Company to distribute all of its available capital (less a reasonable reserve for liabilities and contingencies) to shareholders and dis...
Crosswinds Announces Further Details Regarding Implementation of Monet...
Crosswinds Announces Further Details Regarding Implementation of Monetization Event TORONTO, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) provided further details today regarding the implementation of certain steps of the previously announced plan of arrangement (the “Plan of Arrangement”) to effectively distribute its available capital (less a reasonable reserve for liabilities and contingencies) to shareholders. The Plan of Arrangement was approved by the Court of Queen’s Bench of Alberta pursuant to a final order on September 17...
Crosswinds Announces Implementation of Monetization Event and Redempt...
Crosswinds Announces Implementation of Monetization Event and Redemption Date TORONTO, Oct. 19, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) announced today that it will implement certain steps of the previously announced plan of arrangement (the “Plan of Arrangement”) to effectively distribute its available capital (less a reasonable reserve for liabilities and contingencies) to shareholders. The Plan of Arrangement was approved by the Court of Queen’s Bench of Alberta pursuant to a final order on September 17, 2018 and by the Company’s sh...
Crosswinds Announces Court Approval of Plan of Arrangement to Implemen...
Crosswinds Announces Court Approval of Plan of Arrangement to Implement Monetization Event TORONTO, Sept. 18, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) is pleased to announce that the Court of Queen’s Bench of Alberta has issued a final order approving the plan of arrangement in connection with the previously announced plan to effectively distribute all of its available capital (less a reasonable reserve for liabilities and contingencies) to Shareholders and dissolve the Company. A further news release will be issued prior to the initial...
Crosswinds Announces Shareholder Approval of Plan of Arrangement to I...
Crosswinds Announces Shareholder Approval of Plan of Arrangement to Implement Monetization Event TORONTO, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) is pleased to announce the results of its special meeting of holders of common shares of Crosswinds (the “Shareholders”) held earlier today. At the meeting, Shareholders passed a resolution to approve the Company’s previously announced plan of arrangement (the “Arrangement”) to effectively distribute all of its available capital (less a reasonable reserve for liabilities and contin...
Crosswinds Obtains Interim Order for Plan of Arrangement to Implement ...
Crosswinds Obtains Interim Order for Plan of Arrangement to Implement Monetization Event TORONTO, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) is pleased to announce that it has obtained an interim order (the “Interim Order”) from the Court of Queen’s Bench of Alberta (the “Court”) in connection with a proposed arrangement (the “Arrangement”). As previously announced on June 22, 2018, the Board of Directors of Crosswinds (the “Board”) has determined, having regard to the Company’s available resources and opportunities, that it is in...
Crosswinds Holdings Inc. Reports Q2 2018 Financial Results
Crosswinds Holdings Inc. Reports Q2 2018 Financial Results TORONTO, Aug. 10, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX: CWI) today announced its financial results as at and for the three and six months ended June 30, 2018. Business Highlights Following the completion of the sale of the Company’s investment in Monarch in the first quarter of the year, the majority of the Company’s assets are now in cash. The Company’s Board of Directors’ reviewed available investment opportunities against other strategic alternatives, including, without limit...
Crosswinds Management Changes
Crosswinds Management Changes TORONTO, July 23, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX:CWI) provided an update today in relation to its previously-disclosed strategic process. Further to the Company’s announcement on June 22, 2018 of the determination by its Board of Directors (the “Board”) that it is in the best interests of the Company to distribute all of its available capital, Crosswinds announced that it has given working notice of termination to Colin King, its Chief Executive Officer, and to Helen Martin, its Chief Operating Officer....
Crosswinds Holdings Inc. Announces Results of Annual and Special Meeti...
Crosswinds Holdings Inc. Announces Results of Annual and Special Meeting TORONTO, June 28, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX:CWI) announces the results of its annual and special meeting of shareholders held earlier today (the “Meeting”). At the Meeting, shareholders voted in favour of all items of business. In particular, the Board is now fixed at four members with each of the four nominees proposed as directors of the Company and listed in its form of proxy and management information circular dated May 22, 2018 having been elected ...
Crosswinds Provides Update on Strategic Review
Crosswinds Provides Update on Strategic Review TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX:CWI) today announced an update on its previously disclosed assessment of strategic alternatives. As the majority of the Company’s assets are now in cash, the Company’s Board of Directors (the “Board”) has been reviewing available investment opportunities against other strategic alternatives including, without limitation, a return of capital or other monetization event. The Board has unanimously resolved, having regard to the Company’s av...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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.