reports
DIRTT Releases Investor Deck and Announces Q1 2024 Earnings Release Da...
DIRTT Releases Investor Deck and Announces Q1 2024 Earnings Release Date of May 8, 2024 CALGARY, Alberta, April 22, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a global leader in industrialized construction, today provided an update outlining its continuing journey to excellence with its new executive leadership team and board of directors (the “Board”) in an investor presentation that is available on DIRTT’s website. Highlights of the investor presentation include: DIRTT shareholders elected a new Board in April 2022 an...
DIRTT Announces Results of its Substantial Issuer Bid and Tender Offer
DIRTT Announces Results of its Substantial Issuer Bid and Tender Offer CALGARY, Alberta, March 25, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today the results of its substantial issuer bid and tender offer commenced on February 15, 2024, as varied on March 5, 2024 (as amended, the "Offer") to repurchase for cancellation: (i) up to C$6,000,000 principal amount of its issued and outstanding 6.00% convertible unsecured subordinated debentures due January 31, 2026 (the "Janu...
DIRTT Adopts Shareholder Rights Plan and Enters Into Support Agreement
DIRTT Adopts Shareholder Rights Plan and Enters Into Support Agreement CALGARY, Alberta, March 22, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its Board of Directors has adopted the shareholder rights plan announced on March 19, 2024 and has also entered into a support agreement with DIRTT’s largest shareholder, 22NW Fund, LP. As previously announced, the rights plan is substantially similar to the rights plan adopted by the Company in 2021 and is intended to limit further concentration ...
DIRTT Announces Intention to Adopt Shareholder Rights Plan
DIRTT Announces Intention to Adopt Shareholder Rights Plan CALGARY, Alberta, March 19, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its Board of Directors intends to adopt a shareholder rights plan. “We are grateful to all DIRTT shareholders, including DIRTT’s two largest shareholders, 22NW Fund, LP and WWT Opportunity #1 LLC, who participated in our recent rights offering and increased their financial investment in DIRTT. The CAD$30 million raised through the offering not only positions ...
DIRTT Announces Amendments to its Substantial Issuer Bid
DIRTT Announces Amendments to its Substantial Issuer Bid CALGARY, Alberta, March 05, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has effected certain amendments to the Company's offer to purchase and accompanying issuer bid circular (the "Offer and Circular") dated February 15, 2024, in connection with its previously announced substantial issuer bid and tender offer (the "Issuer Bid"). The amendments, the terms of which are set out in a notice of variation (...
DIRTT Welcomes Shally Pannikode to the Board of Directors
DIRTT Welcomes Shally Pannikode to the Board of Directors CALGARY, Alberta, March 04, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a global leader in industrialized construction, is pleased to announce that Shally Pannikode is joining the DIRTT Board of Directors effective March 4, 2024. Ms. Pannikode has served as a technology executive for several leading healthcare organizations in North America, including Anthem and Humana, and is a recognized leader in digital transformation, data analytics, and AI. She currently serves as Chief Technology ...
DIRTT Reports Fourth Quarter 2023 Financial Results
DIRTT Reports Fourth Quarter 2023 Financial Results CALGARY, Alberta, Feb. 21, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and twelve months ended December 31, 2023. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Fourth Quarter 2023 Highlights Revenue of $50.9 million, up 20% compared to the prior year period, representing the Company's highest re...
DIRTT Announces Issuer Bid and Tender Offer to Purchase 6.00% Converti...
DIRTT Announces Issuer Bid and Tender Offer to Purchase 6.00% Convertible Debentures due January 2026 and 6.25% Convertible Debentures due December 2026 CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its board of directors has approved a substantial issuer bid and tender offer (the "Issuer Bid"), under which the Company will offer to repurchase for cancellation: (i) up to C$6,000,000 principal amount of its issued and outstanding 6.00% co...
DIRTT Announces Preliminary Fourth Quarter and Year-End 2023 Financial...
DIRTT Announces Preliminary Fourth Quarter and Year-End 2023 Financial Results CALGARY, Alberta, Feb. 12, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announces certain preliminary unaudited financial results for the fourth quarter and year ended December 31, 2023. Unless otherwise stated, financial information in this news release is presented in U.S. dollars. Fourth quarter 2023 revenue is expected to be approximately $50.9 million, an increase of $8.5 million or 20% from $42.4 million for the same period i...
DIRTT Announces Closing of Rights Offering
DIRTT Announces Closing of Rights Offering CALGARY, Alberta, Jan. 09, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today the successful completion of its previously announced rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”). The Rights Offering expired at 5:00 p.m. (Eastern time) on January 5, 2024. Under the Rights Offering, DIRTT issued 85,714,285 common shares of the Company (“Common Shares”) at a price ...
DIRTT and SourceBlue Announce Strategic Alliance to Transform the Inte...
DIRTT and SourceBlue Announce Strategic Alliance to Transform the Interior Construction Procurement Process CALGARY, Alberta, Jan. 04, 2024 (GLOBE NEWSWIRE) -- DIRTT, a leading provider of innovative interior construction solutions, and , a division of , announced a strategic alliance today. Known for creating flexible and agile procurement methods, SourceBlue has a vision to transform the supply chain management process in response to construction projects becoming increasingly complex and demanding. Through its established relationships with leading international manufacturers, SourceB...
DIRTT Announces Filing of Amended and Restated Rights Offering Circula...
DIRTT Announces Filing of Amended and Restated Rights Offering Circular CALGARY, Alberta, Dec. 11, 2023 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has filed an amended and restated rights offering notice and an amended and restated rights offering circular (collectively, the "Amended Documents") in connection with the previously announced rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”). Pursuant to t...
Dirtt Environmental Solutions Ltd: 1 director
A director at Dirtt Environmental Solutions Ltd bought 3,939,925 shares at 0.380CAD and the significance rating of the trade was 74/100. 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 ...
DIRTT and Construction Partner BOLTT are Building Big in Indiana
DIRTT and Construction Partner BOLTT are Building Big in Indiana CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) -- DIRTT and its Construction Partner BOLTT announced they have been awarded over $3M in Indianapolis construction projects for ’s (Gaylor) national headquarters and a new high profile office space for . Gaylor Electric The team at Gaylor was introduced to DIRTT while looking for a cost-effective solution to renovate a 56,000 square foot space with 15-foot-high ceilings. Gaylor was impressed with DIRTT’s ability to provide freestanding offices and conference rooms, in addit...
DIRTT and Evo Business Environments Selected for High Profile Workplac...
DIRTT and Evo Business Environments Selected for High Profile Workplace Projects CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) -- DIRTT and its Arkansas-based Construction Partner (“Evo”) recently secured significant construction projects for the Arkansas Attorney General and national firm PB2 Architecture & Engineering, valued over $2.5M USD. Evo’s strong reputation for excellence with interior buildouts, combined with DIRTT’s competitive lead-times, quality offerings, and streamlined methodology were instrumental in securing the construction projects. Arkansas Attorney Ge...
DIRTT Announces C$30,000,000 Rights Offering and Standby Commitment
DIRTT Announces C$30,000,000 Rights Offering and Standby Commitment CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that its board of directors has approved a rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”). Under the Rights Offering, each holder of the Company’s common shares (the “Common Shares”) of record at the close of business on December 12, 2023 (the "Record Date") will re...
CORRECTION: DIRTT Reports Third Quarter 2023 Financial Results
CORRECTION: DIRTT Reports Third Quarter 2023 Financial Results CALGARY, Alberta, Nov. 13, 2023 (GLOBE NEWSWIRE) -- In a release issued on November 9, 2023, the Adjusted EBITDA figure for the nine months ended September 30, 2023 in the reconciliation from net loss for the period to Adjusted EBITDA incorrectly had a bracket around the number. The brackets have been removed in this update. DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and nine months ended Sep...
DIRTT Reports Third Quarter 2023 Financial Results
DIRTT Reports Third Quarter 2023 Financial Results CALGARY, Alberta, Nov. 09, 2023 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and nine months ended September 30, 2023. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Third Quarter 2023 Highlights In our seasonally strongest quarter, we generated revenue of $49.5 million, up 11% from the second quarter and 6% compared to the prior...
DIRTT to Release Q3 2023 Financial Results November 9
DIRTT to Release Q3 2023 Financial Results November 9 CALGARY, Alberta, Nov. 07, 2023 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX:DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it will release its third quarter 2023 financial results on Thursday, November 9th, 2023, after markets close. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live via webcast on Friday, November 10th, 2023, at 8:00 a.m. MST (10:00 a.m. EST). The call and webcast will be hosted by Benja...
DIRTT Construction Partner ForBuild™ Announces Expansion Plans
DIRTT Construction Partner ForBuild™ Announces Expansion Plans CALGARY, Alberta, Nov. 02, 2023 (GLOBE NEWSWIRE) -- DIRTT, a global leader in industrialized construction, is celebrating the expansion of experienced Construction Partner ForBuild into the DC-Maryland-Virginia (DMV) market. ForBuild, the construction division of interior solutions firm dancker, has been focused primarily on the New Jersey and New York City markets. The company’s expansion south to the DMV market comes after nearly 10 successful years delivering customizable, adaptable, and sustainable interiors where people ...
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