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Synex International Inc. (T:SXI)

Business Focus: Electric Utilities

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May 09, 2019 08:12 pm ET
Feb 14, 2019 05:12 pm ET
Synex International Inc. Second Quarter of Fiscal 2019
VANCOUVER, BC / ACCESSWIRE / February 14, 2019 / For the six months ended December 31, 2018 ("Q2 2019"), revenue increased to $1,522,470 from $1,300,441 in the corresponding period in fiscal 2018 ("Q2 2018"). Electricity generation for the six months was above average whereas in Q2 2018 generation was at record lows. Electricity sales for Q2 2019 were $184,141 higher than in Q2 2018.
Jan 11, 2019 06:22 pm ET
New Board of Synex Affirmed and Moving Swiftly to Create Shareholder Value
Synex International Inc. (TSX:SXI) (“Synex” or the “Company”) is pleased to announce that an order of the Supreme Court of British Columbia released today has affirmed the properly constituted board of the Company (the “Board”). Effective November...
Dec 05, 2018 12:50 pm ET
Daniel Russell and the Concerned Shareholders Provide Progress Report on Judicial Proceedings
Daniel Russell, the single largest shareholder of Synex International Inc. (the “Company”) (TSX: SXI), along with other concerned shareholders (collectively, the “Concerned Shareholders”), wish to report that the British Columbia Supreme Court (the...
Nov 16, 2018 06:25 pm ET
Synex International Inc. Dispute Regarding Annual General Meeting
VANCOUVER, BC / ACCESSWIRE / November 16,2018 / Synex InternationalInc. (the "Company") announces thaton November 14, 2018, Daniel J Russell and Russell Industries Corp.(collectively, the "Russell Group")filed a Petition in the Supreme Court of British Columbia (the "Petition") against the Company andClifford Grandison (the "Respondents"). The Petition asks the Court to: (i) declarethat, at the annual general meeting of the Company held on November 2, 20
Nov 08, 2018 01:22 pm ET
Synex International Inc. - First Quarter of Fiscal 2019
VANCOUVER, BC / ACCESSWIRE / November 8, 2018 / For the three months ended September 30, 2018 ("Q1 2019"), revenue increased to $411,608 from $298,849 in the corresponding period in fiscal 2018 ("Q1 2018"). Electricity generation for the three months was below average whereas in Q1 2018 generation was at record lows. Electricity sales for Q1 2019 were $154,424 higher than in Q1 2018.
Nov 06, 2018 04:58 pm ET
Synex International Inc. Results from 2018 Annual General Meeting
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / November 6, 2018 / SynexInternational Inc. ("Synex" or the "Company") ispleased to announce the results of its Annual General Meeting of Shareholders(the "Meeting") held on November 2, 2018. Except for Arthur Irving who resigned priorto the Meeting and withdrew his consent for nomination as a director, allremaining nominees proposed by management of the Company were elected, namelyGregory J. Sunell, Tanya L. DeAngelis, Clifford A. Grandis
Nov 01, 2018 10:45 pm ET
Russell Industries Provides Update in Respect of Synex International
Russell Industries Corp. (“Russell Industries”), a private company wholly-owned by Daniel J. Russell (“Russell”), announces today that Russell Industries intends to sell 240,300 common shares (“Common Shares”) in the capital of Synex International...
Oct 30, 2018 11:55 am ET
Synex International Inc. Resignation of Director
VANCOUVER, BC / ACCESSWIRE / October 30, 2018 / SynexInternational Inc. (TSX: SXI) (the "Company") announces that effective October 26, 2018,Arthur Irving Jr. has resigned as a Director of the Company.
Oct 29, 2018 08:30 am ET
Early Warning Report for Synex International Inc.
VANCOUVER, Oct. 29, 2018 /CNW/ - Russell Industries Corp. ("Russell Industries"), a private company wholly-owned by Daniel J. Russell ("Russell"), announces today that on October 26, 2018 it and Russell acquired ownership of 4,431,300 common shares (the "Purchased Shares") in the capital of Synex International Inc. (the "Issuer"), representing approximately 11.52% of the issued and outstanding common shares (the "Common Shares") in the capital of the Issuer (the "Acquisition").
Sep 21, 2018 12:43 pm ET
Synex International Inc.: Update on Victoria Lake Project Development
Vancouver, British Columbia (FSCwire) - Synex International Inc. (the “Company”) announces that the Company and Natural Forces have entered limited and general partnership agreements (the "Agreements") for the development of the Victoria Lake Hydro Project ("Victoria").  Victoria is a proposed 10MW hydro facility to be located near Port Alice on northern Vancouver Island and is currently advancing the regulatory approvals process.   Under the Agreements, the Company will contribute its existing project assets and Natural Forces will fund the current development activities.  The Agreements provide for potential cumulative future funding contributions to result in an ownership interest of the Company of about 25% and for Natural Forces of about 75%.  The Company has a significant number of opportunities for hydroelectric developments in British Columbia and anticipates a combination of both majority and minority interests, depending on the size and attributes of specific projects and the stage of project development.
Sep 19, 2018 05:53 pm ET
Synex International Inc. Annual Report for Fiscal 2018
Vancouver, British Columbia (FSCwire) - Revenue for the three months ended June 30, 2018 ("Q4 2018") was $1,011,358 as compared to $1,357,456 for the three months ended June 30, 2017 ("Q4 2017").  The revenue decrease is primarily from decreased generation of the hydroelectric plants due to dry conditions in May 2018.
Jul 30, 2018 05:30 pm ET
Synex International Inc. Appointment of Director
Vancouver, British Columbia (FSCwire) - ynex International Inc. (the “Company”) announces that effective July 27, 2018, David Baird has been appointed as a Director of the Company.  Mr. Baird is a British Columbia resident and is currently the President of a private investment company.  In 2017, he retired as a Director, Chief Financial Officer and Corporate Secretary of a private company in British Columbia which provides fibre optic networks for major communication companies and was formerly a Director, Audit Committee Chair and Corporate Governance Committee Member for a publicly traded company based in British Columbia.  The Company is pleased to have Mr. Baird join the Board of the Company, which will now be comprised of seven members.  Mr. Baird has also been appointed to the Audit Committee of the Company.
May 11, 2018 02:37 pm ET
Synex International Inc. Resignation 0f Director
Vancouver, British Columbia (FSCwire) - Synex International Inc. (the “Company”) announces that effective May 10, 2018, Lee Rennison has resigned as a Director of the Company.  Lee has been a director for the past 11 years and has decided that for personal reasons, she does not have the available time to devote to the Company.  The Company will greatly miss her knowledge, guidance and drive and wishes Lee all the best.
May 07, 2018 10:40 am ET
Synex International Inc. Third Quarter of Fiscal 2018
Vancouver, British Columbia (FSCwire) - For the nine months ended March 31, 2018, revenue decreased to $2,303,380 from $2,894,039 in the corresponding period in fiscal 2017.  The decrease is primarily due to a decrease in electricity generation as a result of adverse runoff conditions.  Electricity generation for the nine months ended March 31, 2018 was the lowest on record for each of the three hydro plants.  Electricity sales for the nine months ended March 31, 2018 were $506,406 lower than the nine months ended March 31, 2017.
Feb 23, 2018 09:41 am ET
Synex International Inc. Announces Closing of Private Placement and Provides Corporate Updates
Vancouver, British Columbia (FSCwire) - Synex International Inc. (the “Company”) announces, further to its news release dated February 14, 2018, that it has closed a non-brokered private placement financing (the “Financing”) of 3,700,000 common shares (each, a “Share”) at a price of $0.45 per Share, for gross proceeds of $1,665,000. The proceeds of the Financing are expected to be used for development of the 4.3 MW Newcastle Creek Project and the 5.0 MW McKelvie Creek Hydro Project as well as general corporate purposes, including working capital. The Company expects that such proceeds, together with future borrowings, will provide the Company with sufficient capital to complete these projects. All securities issued in connection with the Financing are subject to a statutory hold period expiring four months and one day after issuance of the securities.
Feb 14, 2018 12:11 pm ET
IIROC Trade Resumption - Synex International Inc.
Toronto, Ontario--(Newsfile Corp. - February 14, 2018) - Trading resumes in:
Feb 14, 2018 11:55 am ET
Synex International Inc. Announces Proposed Private Placement
Vancouver, British Columbia (FSCwire) - Synex International Inc. (the “Company”) announces that it intends to proceed with a non-brokered private placement financing (the “Financing”) of 3,700,000 common shares (each, a “Share”) with Nilock Capital Corporation (“Nilock Capital”), at a price of $0.45 per Share, for gross proceeds of $1,665,000. The proceeds of the Financing are expected to be used for development of the 4.3 MW Newcastle Creek Project and the 5.0 MW McKelvie Creek Hydro as well as general corporate purposes, including working capital. The Company expects that such proceeds, together with future borrowings, will provide the Company with sufficient capital to complete these projects. All securities issued in connection with the Financing will be subject to a statutory hold period expiring four months and one day after issuance of the securities.
Feb 14, 2018 11:25 am ET
IIROC Trade Halt - Synex International Inc.
Toronto, Ontario--(Newsfile Corp. - February 14, 2018) - The following issues have been halted by IIROC:
Feb 14, 2018 11:20 am ET
IIROC Trade Resumption - SXI
TORONTO, Feb. 14, 2018 /CNW/ - Trading resumes in:
Feb 14, 2018 10:23 am ET
IIROC Trading Halt - SXI
TORONTO, Feb. 14, 2018 /CNW/ - The following issues have been halted by IIROC:
Feb 07, 2018 11:40 am ET
Synex International Inc. Appointment of Corporate Secretary
Vancouver, British Columbia (FSCwire) - Synex International Inc. (the “Company”) announces that effective February 6, 2018, Mark Stephens has been appointed Corporate Secretary for the Company following the resignation of Chris Labridis on February 6, 2018.
Feb 06, 2018 12:27 pm ET
Synex International Inc. Second Quarter of Fiscal 2018
Vancouver, British Columbia (FSCwire) - For the six months ended December 31, 2017, revenue decreased to $1,300,441 from $1,771,417 in the corresponding period in fiscal 2017.  Revenue from electricity generation for the six months ended December 31, 2017, decreased to $1,017,750 from $1,506,431 in the corresponding period in fiscal 2017.  The decrease in electricity generation was due to adverse runoff conditions.  There were no significant equipment outages during the six months ended December 31, 2017.  Electricity generation for the six months ended December 31, 2017 was the lowest on the long-term record for the combined hydro plants whereas generation was the highest on long-term record for the combined hydro plants for the corresponding period in fiscal 2017
Oct 23, 2017 10:17 am ET
Daniel Russell and the Concerned Shareholders Issue Further Letter to Shareholders Urging Them to Reject Complacent Value Destruction and Choose Change for Synex
The letter urges shareholders to vote their BLUE proxy in favour of five new and experienced nominees to replace entrenched incumbent directors, and ignore the mudslinging tactics
Oct 16, 2017 10:24 am ET
Synex International Inc. Sets the Record Straight
Your vote is extremely important.
Oct 12, 2017 10:00 am ET
Concerned Shareholders release open letter to Synex International shareholders; caution against desperate, misleading claims by Synex Special Committee
Urges shareholders to vote their BLUE proxy in favour of five new and experienced nominees to replace entrenched incumbent directors, who have resorted to mudslinging tactics
Oct 10, 2017 10:42 am ET
Synex International Inc. Addresses Dissident Shareholder's Proxy Circular
Your vote is extremely important. Make an Informed Choice.
Oct 05, 2017 10:42 am ET
Concerned Shareholders File Proxy Circular, and Release Letter to Synex International Shareholders
Urges shareholders to vote their BLUE proxy in favour of five new and experienced nominees to replace entrenched incumbent directors Outlines plan for change to create value for Synex shareholders Announces significant support of over 46% of shares looking for much needed change VANCOUVER, Oct. 5, 2017 /CNW/ - Daniel Russell, a director and the single largest shareholder of Synex International Inc. (TSX:SXI) ("Synex" or the "Company"), along with other Concerned Shareholders, today announces that he has filed a proxy circular (the "Circular") and letter to shareholders in respect of the