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Velan Inc. (T:VLN)

Business Focus: Industrial Valve Manufacturing

Jul 11, 2024 09:31 pm ET
Velan Inc. Reports First Quarter Results for Fiscal 2025
Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its first quarter ended May 31, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise....
Jul 11, 2024 07:24 pm ET
VELAN ANNOUNCES ELECTION OF DIRECTORS
MONTRÉAL, July 11, 2024 /CNW/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 16, 2024, was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 11, 2024, in Montréal, Québec.
Jul 08, 2024 12:25 pm ET
Bruce Power signs 10-year Alliance Agreement with Velan Inc. for Valve supply and related service work
Bruce Power has signed a $50-million alliance agreement with Velan Inc. (TSX: VLN) to provide valves and valve support over the next 10 years. As Bruce Power and Velan work collaboratively together on the execution plans and if all options and new...
Jun 25, 2024 01:38 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Thursday, July 11, 2024, it will release its financial results for the first quarter ended May 31, 2024. The company will hold an analyst call on Friday, July 12, 2024, at 8:00 a.m. (EDT) to discuss...
May 17, 2024 08:36 am ET
CORRECTION – Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results
In a release issued under the same headline on Thursday, May 16, 2024 by Velan Inc. (TSX: VLN), please note that the conference call access information has been updated. The toll-free call-in number should be 1-800-836-8184, not 1-888-660-6345 or...
May 16, 2024 11:18 pm ET
Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results
Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fourth quarter and fiscal year ended February 29, 2024. All amounts are expressed in U.S. dollars...
May 01, 2024 10:42 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Thursday, May 16, 2024, it will release its fourth quarter and annual results for the year ended February 29, 2024. The company will hold an analyst call on Friday, May 17, 2024 at 8:00 a.m. (EDT)...
Apr 25, 2024 02:09 pm ET
Daniel Desjardins is appointed as a director of Velan
MONTREAL, April 25, 2024 /CNW/ - Velan Inc. ("Velan") (TSX: VLN) today announces that its Board of Directors has appointed Mr. Daniel Desjardins as an independent director of Velan.
Feb 05, 2024 04:00 pm ET
James Mannebach is appointed as CEO of Velan
Velan Inc. (“Velan”) (TSX: VLN) today announces that its board of directors has appointed Mr. James Mannebach as CEO of Velan. Mr. Mannebach is the Chair of the Board of Directors of Velan and was previously the interim CEO. “We believe it’s in...
Jan 11, 2024 05:50 pm ET
Velan Inc. Reports Its Fiscal 2024 Third Quarter Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2023. All amounts are expressed in U.S. dollars unless indicated otherwise....
Dec 22, 2023 02:44 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Thursday, January 11, 2024, it will release its financial results for the third quarter ended November 30, 2023. The company will hold an analyst call on Friday, January 12, 2024, at 8:00 A.M....
Oct 11, 2023 07:30 am ET
James Mannebach is appointed as interim CEO of Velan
Mr. Bruno Carbonaro resigns as President, CEO and directorMr. Rishi Sharma is promoted to Chief Financial and Administrative OfficerMONTREAL, Oct. 11, 2023 /CNW/ - Velan Inc. ("Velan") (TSX: VLN) today announces that its board of directors has appointed Mr. James Mannebach, Chair of the Board of Directors of Velan, as interim CEO of Velan. This appointment follows the decision from Mr. Bruno Carbonaro to resign from his positions of President, CEO and director of Velan, effective as of October 10, 2023.
Oct 06, 2023 08:05 am ET
Canadian Investment Regulatory Organization Trade Resumption - VLN
TORONTO, Oct. 6, 2023 /CNW/ - Trading resumes in:
Oct 05, 2023 07:25 pm ET
Velan Inc. Reports Its Second Quarter 2023/24 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2023. Highlights: Order backlog2 remains strong at $485.7 million, an...
Oct 05, 2023 03:59 pm ET
Flowserve intends to terminate the Arrangement Agreement as Regulatory Approval from France will not be obtained
Velan Inc. (“Velan”) (TSX: VLN) today announces, in connection with the arrangement agreement made as of February 9, 2023, among Velan, 14714750 Canada Inc. (“Purchaser”) and Flowserve US Inc. (“Parent” and, together with Purchaser, “Flowserve”),...
Oct 05, 2023 11:34 am ET
Canadian Investment Regulatory Organization Trading Halt - VLN
TORONTO, Oct. 5, 2023 /CNW/ - The following issues have been halted by CIRO:
Sep 22, 2023 09:30 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Thursday, October 5, 2023, it will release its financial results for the second quarter ended August 31, 2023. The company will hold an analyst call on Friday, October 6, 2023, at 11:00 A.M. (Eastern...
Aug 31, 2023 06:00 pm ET
Flowserve and Velan Extend the Outside Date of their Arrangement Agreement
Flowserve Corporation (NYSE: FLS) and Velan Inc. (“Velan”) (TSX: VLN) today announced that they have extended the outside date (the “Outside Date”) of the arrangement agreement made as of February 9, 2023, among Velan, 14714750 Canada Inc....
Aug 25, 2023 05:25 pm ET
VELAN ANNOUNCES ELECTION OF DIRECTORS
MONTRÉAL, Aug. 25, 2023 /CNW/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated July 6, 2023, was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on August 25, 2023, in Montréal, Québec.
Aug 01, 2023 04:10 pm ET
Flowserve and Velan Extend the Outside Date of their Arrangement Agreement
Flowserve Corporation (NYSE: FLS) and Velan Inc. (“Velan”) (TSX: VLN) today announced that they have extended the outside date (the “Outside Date”) of the arrangement agreement made as of February 9, 2023, among Velan, 14714750 Canada Inc. (“Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”). In accordance with the definition of Outside Date in the Arrangement Agreement, given that the Regulatory Approvals (as such term is defined in the Arrangement Agreement) have not all been obtained at this ti
Jul 06, 2023 02:14 pm ET
Velan Inc. Reports Its First Quarter 2023/24 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2023. Highlights: Order backlog1 remains strong at $490.5 million, an increase of...
Jul 03, 2023 12:30 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Thursday, July 6, 2023, it will release its financial results for the first quarter ended May 31, 2023. The company will hold an analyst call on Friday, July 7, 2023, at 11:00 A.M. (Eastern Daylight...
May 17, 2023 07:09 pm ET
CORRECTION - Velan Inc. Reports Solid Fourth Quarter Financial Results to Close Fiscal Year 2022/23
In a press release issued under the same headline earlier today by Velan Inc. (TSX: VLN), please note that in the section about the Conference Call, the time of the conference call should be 12:00 p.m. (EDT), not 11:00 a.m. (EDT) as previously...
May 17, 2023 05:05 pm ET
Velan Inc. Reports Solid Fourth Quarter Financial Results to Close Fiscal Year 2022/23
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2023. Highlights: On February 10th, 2023, Flowserve...
May 16, 2023 06:58 pm ET
Court Approves Plan of Arrangement For Acquisition of Velan by Flowserve
Velan Inc. (“Velan”) (TSX: VLN) today announced that the Superior Court of Québec has issued a final order approving the previously announced plan of arrangement attached to the arrangement agreement made as of February 9, 2023 among Velan,...
May 05, 2023 02:02 pm ET
Velan Shareholders Approve Acquisition by Flowserve
Velan Inc. (“Velan”) (TSX: VLN) today announced that holders (the “Shareholders”) of subordinate voting shares (the “SVS”) and of multiple voting shares (the “MVS” and, collectively with the SVS, the “Shares”) of Velan have approved the proposed...
May 04, 2023 10:53 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Wednesday, May 17th, 2023, it will release its 4th quarter and annual results for the year ended February 28th, 2023. The company will hold an analyst call on Thursday, May 18th, 2023, at 12:00 P.M....
Feb 10, 2023 07:00 am ET
Flowserve to Acquire Velan in an All-cash Transaction Valued at Approximately $245 million (C$329 million)
Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc. (“Velan”) (TSX: VLN), a leading manufacturer of highly engineered industrial valves, today announced that they have entered into a definitive agreement (the “Arrangement Agreement”) under which Flowserve will acquire Velan in an all cash transaction (the “Transaction”) valued at approximately $245 million (C$329 million), including the purchase of all of the issued and outstanding Velan equity for approximately $209 million (C$281 milli
Jan 11, 2023 03:41 pm ET
Velan Inc. Reports Solid Third Quarter 2022/23 Financial Results, With an Improving Trend in Backlog, Revenues and Profit
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2022. Highlights: Sales for the quarter amounted to $95.2 million, a...
Dec 30, 2022 09:00 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Wednesday, January 11, 2023, it will release its financial results for the third quarter ended November 30, 2022. The company will hold an analyst call on Thursday, January 12, 2023 at 11:00 A.M....
Oct 14, 2022 12:46 pm ET
Velan Inc. Reports Its Second Quarter 2022/23 Financial Results Showing Improvement Over Its First Quarter
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2022. Highlights: As the volatility across various macro economic factors...
Oct 04, 2022 01:18 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Friday, October 14, 2022, it will release its financial results for the second quarter ended August 31, 2022. The company will hold an analyst call on Friday, October 14, 2022, at 4:00 P.M. (Eastern...
Jul 08, 2022 07:23 pm ET
VELAN ANNOUNCES ELECTION OF DIRECTORS
MONTRÉAL, July 8, 2022 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 18, 2022, was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 7, 2022, in Montréal, Québec.
Jul 07, 2022 01:43 pm ET
Velan Inc. Reports Its First Quarter 2022/23 Financial Results With Sales and Gross Margins Comparable to the Prior Year
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2022. Highlights: Sales for the quarter amounted to $75.0 million, an increase of...
Jun 22, 2022 05:52 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Thursday, July 7, 2022, it will release its financial results for the first quarter ended May 31, 2022. The company will hold an analyst call on Friday, July 8, 2022, at 11:00 A.M. (Eastern Daylight...
May 18, 2022 07:47 pm ET
Velan Inc. Reports Strong Fourth Quarter and Fiscal Year 2021/22 Financial Results and Reinstates Dividend
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2022. Highlights: Sales for the quarter amounted to $124.8...
May 05, 2022 05:20 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) announced today that, on Wednesday, May 18, 2022, it will release its fourth quarter and annual results for the year ended February 28, 2022. The company will hold an analyst call on Thursday, May 19, 2022, at 11:00 A.M....
Apr 18, 2022 07:30 am ET
Velan Inc. appoints Rishi Sharma as Executive Vice President Finance and incoming Chief Financial Officer. He will assume the position of Chief Financial Officer on May 23, 2022.
MONTREAL, April 18, 2022 /CNW Telbec/ - Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, is pleased to announce the appointment of Rishi Sharma who will begin today as Executive Vice President Finance and will undertake his official responsibilities as Chief Financial Officer on May 23, 2022. He will be a key member of the Company's Executive Management team and will succeed Benoit Alain, who will be leaving the company effective May 23, 2022, following his resignation in December 2021. Mr. Sharma will report directly to Bruno Carbonaro, President &am
Jan 17, 2022 06:19 pm ET
Velan Announces Changes to its Board Including the Appointment of Bruno Carbonaro, President and CEO
MONTREAL, Jan. 17, 2022 /CNW Telbec/ - Velan Inc. ("Velan" or the "Company") (TSX: VLN) announced today that Mr. Bruno Carbonaro has been appointed as a member of the Board of Directors. The outgoing Director, Yves Leduc, will continue to serve as special advisor to the Chairman of the company. Mr. Carbonaro, who joined the Company in 2019, has recently succeeded Yves Leduc as President and CEO. He has extensive experience in the engineered products industry, having worked in senior leadership positions at various companies.
Jan 12, 2022 04:51 pm ET
Velan Inc. Reports Its Strong Third Quarter 2021/22 Financial Results, Highlighted by a Significant Increase in Sales and Improved Margins
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2021. Highlights: Sales for the quarter amounted to $110.0 million, an...
Jan 05, 2022 11:14 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Wednesday, January 12th, 2022, it will release its financial results for the third quarter ended November 30, 2021. The company will hold an analyst call on Thursday, January 13th, 2022, at 11:00...
Dec 10, 2021 06:45 am ET
Velan Announces the resignation of CFO effective May 20, 2022
MONTREAL, Dec. 10, 2021 /CNW Telbec/ - Velan Inc. (TSX: VLN) ("Velan" or the "Company") today announced that Benoit Alain has informed the Company of his decision to resign as Chief Financial Officer, for personal reasons.
Dec 01, 2021 06:45 am ET
Velan Appoints Bruno Carbonaro as CEO in Accordance with the Previously Announced Transition Plan
MONTREAL, Dec. 1, 2021 /CNW Telbec/ - Velan Inc. ("Velan") (TSX: VLN) is pleased to announce the completion of its CEO transition plan with the appointment of Bruno Carbonaro as CEO and President effective today. Mr. Carbonaro who joined the company in 2019 as President has become only the fourth leader in the 71-year history of the global valve manufacturing company.  Mr. Carbonaro succeeds Yves Leduc who will continue as an advisor to the Chairman and CEO to support the transition. Yves Leduc will continue as a director until the January 12th, 2022 meeting.
Oct 21, 2021 07:45 am ET
Velan Inc. Announces its CEO Transition Plan
MONTREAL, Oct. 21, 2021 /CNW Telbec/ - Velan Inc. (TSX:VLN) announces CEO transition plan
Oct 07, 2021 12:51 pm ET
Velan Inc. Reports Its Second Quarter 2021/22 Financial Results and a Significant Increase in Sales and Improved Margins that Combine for One of the Best Quarters of the Last Ten Years, With Net Incom
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2021. Highlights: Sales for the quarter amounted to $101.9 million, an...
Sep 29, 2021 02:40 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Wednesday, September 29, 2021, it will release its financial results for the second quarter ended August 31, 2021. The company will hold an analyst call on Thursday, October 7th, 2021, at 4:00 P.M....
Jul 13, 2021 09:29 pm ET
Velan Announces Election of Directors
MONTRÉAL, July 13, 2021 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 23, 2021 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 13, 2021 in Montréal, Québec.
Jul 13, 2021 02:06 pm ET
Velan Inc. Reports Its First Quarter 2021/22 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2021. Highlights: Sales remained flat and results decreased due to higher...
Jul 01, 2021 09:45 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Tuesday, July 13th, 2021, it will release its financial results for the first quarter ended May 31, 2021. The company will hold an analyst call on Wednesday, July 14th, 2021, at 11:00 A.M. (Eastern...
May 19, 2021 08:27 pm ET
Velan Inc. Reports its Year-End and Fourth Quarter 2020/21 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2021. Highlights: Company delivers improved results and...
May 10, 2021 09:54 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Wednesday, May 19th, 2021, it will release its 4th Quarter and annual results for the year ended February 28, 2021. The company will hold an analyst call on Thursday, May 20th, 2021, at 11:00 A.M....
May 03, 2021 02:07 pm ET
Velan Inc. Announces the Appointment of Benoit Alain as Special Advisor to the Chief Executive Officer. He Will Assume the Position of Chief Financial Officer on June 1, 2021
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, is pleased to announce as part of the planned succession of the Company`s finance department, the appointment of Benoit Alain as its new Chief Financial...
Jan 13, 2021 05:05 pm ET
Velan Inc. Reports its Third Quarter 2020/21 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2020. Highlights: Backlog and profitability improving while sales...
Jan 08, 2021 12:36 pm ET
Velan Announces the resignation of CFO and Appointment of interim CFO
Velan Inc. (TSX: VLN) (“Velan” or the “Company”) today announced that Rejean Ostiguy has informed the Company of his decision to resign as Chief Financial Officer, having accepted a leadership opportunity at a privately owned company. Velan has...
Jan 04, 2021 02:45 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Wednesday, January 13th, 2021 it will release its 3rd Quarter results for the period ended November 30, 2020. The company will hold an investor and analyst call on Thursday, January 14th, 2021, at...
Oct 09, 2020 08:22 am ET
Velan awarded major offshore valve contracts in Asia totaling over US$30 million
Velan Inc.'s wholly owned subsidiary Velan ABV, located in Lucca, Italy, has been recently awarded important contracts for the supply of multiple packages of actuated and manual valves to MODEC Offshore Production Systems (Singapore) Pte. Ltd....
Oct 08, 2020 04:00 pm ET
Velan Announces Changes to its Board Including the Appointment of a New Chairman and Vice-Chairman
Velan Inc.("Velan") (TSX:VLN) announced today that Mr. James Mannebach has been appointed Chairman of the Board. The outgoing Chairman of the Board, Tom Velan, will continue to serve as a director of the company. Mr. Mannebach who joined the board...
Oct 08, 2020 03:59 pm ET
Velan Inc. Reports Its Second Quarter 2020/21 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2020. Highlights Net new orders (“Bookings”) of US$101.3 million for the...
Sep 29, 2020 11:24 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Thursday October 8th, 2020 it will release its 2nd Quarter results for the six-month period ended August 31, 2020. The company will hold an investor and analyst call on Friday, October 9th, 2020, at...
Jul 17, 2020 03:51 pm ET
Velan Inc.: New North American Financing Agreement
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, is pleased to announce the completion and funding on July 8th 2020 of a new financing agreement with Bank of Montreal, acting as lead-arranger and sole...
Jul 10, 2020 06:32 pm ET
Velan Announces Election of Directors
MONTRÉAL, July 10, 2020 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 23, 2020 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 9, 2020 in Montréal, Québec.
Jul 09, 2020 01:22 pm ET
Velan Inc. Reports Its First Quarter 2020/21 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2020. Highlights Sales of US$76.7 million for the quarterNet loss1 of US$1.9...
Jun 29, 2020 10:30 am ET
Velan Inc.: Q1 2020-21 Earnings Release & Conference Call
Velan Inc. (TSX: VLN) today announced that, on Thursday, July 9th, 2020, it will release its 1st Quarter results for the year ended May 31st, 2020. The company will hold an analyst call on Friday, July 10th, 2020, at 11:00 A.M. (Eastern Daylight...
Jun 01, 2020 05:45 pm ET
Velan Inc. Announces the Appointment of Réjean Ostiguy to the Position of Chief Financial Officer
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, is pleased to announce as part of the planned succession of the Company`s finance department, the appointment today of Rejean Ostiguy as its new Chief...
May 20, 2020 07:56 pm ET
Velan Inc. Reports Its Year-End and Fourth Quarter 2019/20 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 29, 2020. Highlights Sales of US$113.6 million for the...
May 08, 2020 10:22 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Wednesday, May 20th, 2020, it will release its 4th Quarter and annual results for the year ended February 29, 2020. The company will hold an analyst call on Thursday, May 21st, 2020, at 11:00 A.M....
Mar 30, 2020 09:35 am ET
VELAN INC. PROVIDES AN UPDATE ON THE IMPACT OF THE COVID-19 GLOBAL PANDEMIC ON ITS ACTIVITIES
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, provides an update on the impact of the COVID-19 global pandemic on its activities. COVID-19: Velan Update “Velan continues to monitor the rapidly evolving...
Jan 09, 2020 05:20 pm ET
Velan Inc. Reports Its Third Quarter 2019/20 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2019. Highlights Sales of US$88.7 million for the quarterGross profit...
Dec 20, 2019 09:12 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Thursday, January 9th, 2020, it will release its 3rd Quarter results for the fiscal year ended November 29, 2019 The company will hold an analyst call on Friday, January 10th, 2020, at 11:00 A.M....
Nov 11, 2019 06:30 am ET
Velan Appoints Bruno Carbonaro as President of Velan Inc.
MONTRÉAL, Nov. 11, 2019 /CNW Telbec/ - Velan Inc. (TSX: VLN) announced today the appointment of Bruno Carbonaro as President of Velan Inc. effective November 11, 2019. Based in Montreal, Canada, Bruno Carbonaro will report to Yves Leduc, Chief Executive Officer of the Corporation and be a member of the Executive Management Committee.
Oct 21, 2019 07:50 am ET
Velan Announces 2019 Normal Course Issuer bid
MONTREAL, Oct. 21, 2019 /CNW Telbec/ - Velan Inc. (the "Company") (TSX: VLN) announced today that it has received approval of the Toronto Stock Exchange ("TSX") to proceed with its normal course issuer bid previously announced on October 10, 2019. Under the bid, the Company may purchase up to 151,384 Subordinate Voting Shares (the "Shares") of the Company, representing approximately 2.5% of the 6,055,368 Shares issued and outstanding as at October 10, 2019. The average daily trading volume for the 6-month period preceding October 1, 2019 is 6,414 Shares. In accordance with TSX requirements,
Oct 10, 2019 04:59 pm ET
Velan Inc. Reports Its Second Quarter 2019/20 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2019. Highlights Sales of US$85.5 million for the quarterNet earnings1 of...
Oct 01, 2019 09:00 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Thursday, October 10th, 2019, it will release its 2nd Quarter results for the fiscal year ended August 30th, 2019. The company will hold an analyst call on Friday, October 11th, 2019, at 11:00 A.M....
Jul 12, 2019 01:56 pm ET
Velan Announces Election of Directors
MONTRÉAL, July 12, 2019 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 29, 2019 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 11, 2019 in Montreal, Québec.
Jul 11, 2019 09:41 am ET
Velan Inc. Reports Its First Quarter 2019/20 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2019. Highlights Sales of US$83.8 million for the quarterNet loss1 of US$5.8...
Jul 02, 2019 09:27 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Thursday, July 11th, 2019, it will release its 1st Quarter results for the fiscal year ended May 31st, 2019. The company will hold an analyst call on Friday, July 12th, 2019, at 11:00 A.M. (Eastern...
May 16, 2019 06:41 pm ET
Velan Inc. Reports its Year-End and Fourth Quarter 2018/19 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2019. Highlights Sales of US$105.3 million...
May 16, 2019 05:00 pm ET
Velan is awarded two major contracts worth a total of US$63 million
In past weeks, two of Velan’s subsidiaries, Velan ABV Srl and Velan Sas, have secured contracts with a total value of US$63 million. The first, the extension of a previous order with MODEC and, the second, a contract with ITER for their tokamak...
May 07, 2019 09:05 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Thursday, May 16th, 2019, it will release its 4th Quarter results for the fiscal year ended February 28, 2019. The company will hold an analyst call on Friday, May 17th, 2019, at 11:00 A.M. (Eastern...
Jan 10, 2019 05:00 pm ET
Velan Inc. Announces Next Steps in Its Velocity 2020 Transformation Plan
Velan Inc. (TSX:VLN) ("Velan" or the "Company") announces today measures aimed at improving its operational efficiency and optimizing its manufacturing footprint in North America. As part of the Company’s optimization and specialization efforts in...
Jan 10, 2019 05:00 pm ET
Velan Inc. Reports Its Third Quarter 2018/19 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2018. Highlights Sales of US$92.3 million for the quarterNet loss1 of US$0.2...
Jan 02, 2019 09:42 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Thursday, January 10th, 2019, it will release its 3rd Quarter results for the fiscal year ended November 30, 2018. The company will hold an analyst call on Friday, January 11th, 2019, at 10:00 A.M....
Oct 11, 2018 04:38 pm ET
Velan Inc. Reports Its Second Quarter 2018/19 Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2018. Highlights Sales of US$91.4 million for the quarterNet loss1 of US$2.4...
Oct 01, 2018 09:41 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that, on Friday, October 12th, 2018, it will release its 2nd Quarter results for the fiscal year ended August 31st, 2018. The company will hold an analyst call on Friday, October 12th, 2018, at 11:00 A.M....
Jul 19, 2018 05:16 pm ET
Velan announces election of directors
MONTRÉAL, July 19, 2018 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 24, 2018 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 12, 2018 in Montreal, Québec.
Jul 12, 2018 03:14 pm ET
Velan Inc. Reports Its First Quarter 2018/19 Financial Results
Velan Inc. (TSX:VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2018. Highlights Sales of US$77.9 million for the quarterNet loss1 of...
Jul 03, 2018 10:36 am ET
Velan Inc.: Announcement
Velan Inc. (TSX:VLN) today announced that, on Thursday, July 12, 2018, it will release its 1st Quarter results for the fiscal year ended May 31, 2018. The company will hold an analyst call on Thursday, July 12, 2018, at 4:30 P.M. (Eastern Daylight...
May 24, 2018 01:59 pm ET
Velan Inc. Reports Its Year-End and Fourth Quarter 2017/18 Financial Results
Velan Inc. (TSX:VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2018. Highlights Sales of US$102.6 million for the...
May 17, 2018 02:51 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX:VLN) today announced that, on Thursday, May 24, 2018, it will release its 4th Quarter results for the fiscal year ended February 28, 2018. The company will hold an analyst call on Thursday, May 24, 2018, at 4:30 P.M. (Eastern...
Jan 11, 2018 01:21 pm ET
Velan Inc. Reports Its Third Quarter 2017/18 Financial Results
MONTREAL, Jan. 11, 2018 (GLOBE NEWSWIRE) -- Velan Inc. (TSX:VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2017.
Jan 04, 2018 03:35 pm ET
Velan Inc.: Announcement
MONTREAL, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Velan Inc. (TSX:VLN) today announced that on Thursday, January 11, 2018, it will release 3rd Quarter results ended November 30, 2017.
Oct 12, 2017 03:07 pm ET
Velan Inc. Reports its Second Quarter 2017/18 Financial Results
MONTREAL, Oct. 12, 2017 (GLOBE NEWSWIRE) -- Velan Inc. (TSX:VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2017....
Oct 02, 2017 01:00 pm ET
IIROC Trade Resumption - VLN
TORONTO, Oct. 2, 2017 /CNW/ - Trading resumes in:
Oct 02, 2017 11:51 am ET
IIROC Trade Resumption - Velan Inc.
Toronto, Ontario--(Newsfile Corp. - October 2, 2017) - Trading resumes in:
Oct 02, 2017 09:07 am ET
IIROC Trading Halt - VLN
TORONTO, Oct. 2, 2017 /CNW/ - The following issues have been halted by IIROC:
Oct 02, 2017 08:09 am ET
IIROC Trade Halt - Velan Inc.
Toronto, Ontario--(Newsfile Corp. - October 2, 2017) - The following issues have been halted by IIROC:
Aug 21, 2017 05:13 pm ET
Velan Inc. Announces the Appointment of Duc Tran to the Position of Vice-President, Engineering
Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, is pleased to announce the appointment today of Duc Tran as its new Vice-President, Engineering. He will be a key member of the Company's Senior Management team and is succeeding to Gil Perez, who has assumed a new mandate as Vice-President, Product Technology and Strategic Initiatives. He will report directly to Yves Leduc, President and CEO of Velan Inc.
Aug 21, 2017 05:13 pm ET
Velan Inc. Announces the Appointment of Duc Tran to the Position of Vice-President, Engineering
Velan Inc. (TSX:VLN) (the "Company"), a world-leading manufacturer of industrial valves, is pleased to announce the appointment today of Duc Tran as its new Vice-President, Engineering. He will be a key member of the Company's Senior Management team...
Jul 14, 2017 12:02 pm ET
Velan Announces Election of Directors
Velan Inc. (the "Corporation") (TSX:VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 22, 2017 was elected as Director of the Corporation during the Annual of the Shareholders held on July 13, 2017 in...
Jul 14, 2017 12:02 pm ET
Velan Announces Election of Directors
Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 22, 2017 was elected as Director of the Corporation during the Annual of the Shareholders held on July 13, 2017 in Montreal, Quebec.
Jul 13, 2017 03:14 pm ET
IIROC Trade Resumption - VLN
TORONTO, July 13, 2017 /CNW/ - Trading resumes in:
Jul 13, 2017 01:45 pm ET
Velan Inc. Reports Its First Quarter 2017/18 Financial Results
Velan Inc. (TSX:VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2017. Highlights Sales of US$71.1 million...
Jul 13, 2017 01:45 pm ET
Velan Inc. Reports Its First Quarter 2017/18 Financial Results
Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2017.
Jul 13, 2017 12:50 pm ET
IIROC Trading Halt - VLN
TORONTO, July 13, 2017 /CNW/ - The following issues have been halted by IIROC:
May 18, 2017 03:43 pm ET
VELAN receives contracts worth US$55 million to supply safety related valves for 3rd generation nuclear reactors at Hinkley Point C in the U.K.
VELAN (TSX:VLN) will provide NNB GENERATION Company (HPC) Limited, a subsidiary of EDF Energy Plc, a French-British power utility, and AREVA NP, the world leader in nuclear engineering, nuclear valves to equip the primary and safety auxiliary...
May 18, 2017 03:43 pm ET
VELAN receives contracts worth US$55 million to supply safety related valves for 3rd generation nuclear reactors at Hinkley Point C in the U.K.
VELAN (TSX: VLN) will provide NNB GENERATION Company (HPC) Limited, a subsidiary of EDF Energy Plc, a French-British power utility, and AREVA NP, the world leader in nuclear engineering, nuclear valves to equip the primary and safety auxiliary systems of the two new-generation EPR(TM) reactors at the Hinkley Point C nuclear power plant, located in Somerset, United Kingdom.
May 18, 2017 01:53 pm ET
Velan Inc. Reports Its Year-End and Fourth Quarter 2016/17 Financial Results
Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2017.
May 18, 2017 01:53 pm ET
Velan Inc. Reports Its Year-End and Fourth Quarter 2016/17 Financial Results
Velan Inc. (TSX:VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2017. Highlights Sales...
May 10, 2017 09:53 am ET
Velan Inc.: Announcement
Velan Inc. (TSX:VLN) today announced that on Thursday, May 18, 2017, it will release 4th Quarter results ended February 28, 2017. The company will hold an analyst call on Thursday, May 18, 2017, at 4:30 p.m. (Eastern Daylight Time) to...
May 10, 2017 09:53 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that on Thursday, May 18, 2017, it will release 4th Quarter results ended February 28, 2017.
Mar 01, 2017 04:10 pm ET
Velan Appoints Yves Leduc as CEO in Accordance With the Previously Announced CEO Succession Plan
Velan Inc. ("Velan") (TSX:VLN) is pleased to announce the completion of its CEO succession plan with the appointment of Yves Leduc as CEO. Mr. Leduc was also elected to the board of directors of the company. Mr. Leduc who was hired in January 2015...
Mar 01, 2017 04:09 pm ET
Velan Appoints Yves Leduc as CEO in Accordance With the Previously Announced CEO Succession Plan
Velan Inc. ("Velan") (TSX: VLN) is pleased to announce the completion of its CEO succession plan with the appointment of Yves Leduc as CEO. Mr. Leduc was also elected to the board of directors of the company. Mr. Leduc who was hired in January 2015 as President has become the first non-Velan family member to lead the valve manufacturing company that was founded in 1950.
Jan 12, 2017 02:29 pm ET
Velan Inc. Reports its Third Quarter 2016/17 Financial Results
Velan Inc. (TSX:VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2016. Highlights Sales of US$80.4...
Jan 12, 2017 02:29 pm ET
Velan Inc. Reports its Third Quarter 2016/17 Financial Results
Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2016.
Jan 03, 2017 04:42 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that on Thursday, January 12, 2017, it will release 3rd Quarter results ended November 30, 2016.
Jan 03, 2017 04:42 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that on Thursday, January 12, 2017, it will release 3rd Quarter results ended November 30, 2016. The company will hold an analyst call on Thursday, January 12, 2017, at 4:30 p.m. (Eastern Daylight Time)...
Nov 29, 2016 12:55 pm ET
Velan announces new patent-protected cable drive actuator
Velan Inc. (TSX:VLN) A subsidiary of Velan, Velan ABV is a manufacturer of specialized valves, actuators, and control systems. The company employs approximately 120 people and has two manufacturing plants in Lucca, Italy. Presented...
Nov 29, 2016 12:55 pm ET
Nov 29, 2016 11:35 am ET
Velan awarded major nuclear valve contracts in China worth US$36 million (EUR33 million)
Velan Inc. (TSX:VLN) Velan Inc.'s wholly owned subsidiary located in Lyon, France, has been awarded important contracts for the supply of nuclear class valves to China Nuclear Power Engineering Corporation (CNPEC), China Nuclear Power...
Oct 17, 2016 05:09 pm ET
Velan Inc.: 2016 Normal Course Issuer Bid
Velan Inc. (the "Corporation") (TSX:VLN) announced today that it has received approval of the Toronto Stock Exchange ("TSX") to proceed with its normal course issuer bid previously announced on October 13, 2016. Under the bid, the Corporation may...
Oct 17, 2016 05:09 pm ET
Velan Inc.: 2016 Normal Course Issuer Bid
Velan Inc. (the "Corporation") (TSX: VLN) announced today that it has received approval of the Toronto Stock Exchange ("TSX") to proceed with its normal course issuer bid previously announced on October 13, 2016. Under the bid, the Corporation may purchase up to 153,969 Subordinate Voting Shares (the "Shares") of the Corporation. The average daily trading volume for the 6-month period preceding October 1, 2016 is 1,299 Shares. In accordance with TSX rules, the Corporation may repurchase up to 1,000 Shares on a daily basis. The bid will commence on October 24,
Oct 13, 2016 01:16 pm ET
Velan Inc. Reports its Second Quarter 2016/17 Financial Results
Velan Inc. (TSX:VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2016. Highlights Sales of US$71.1...
Oct 13, 2016 01:15 pm ET
Velan Inc. Reports its Second Quarter 2016/17 Financial Results
Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2016.
Oct 06, 2016 05:51 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that on Thursday, October 13, 2016, it will release 2nd Quarter results ended August 31, 2016.
Oct 06, 2016 05:51 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX:VLN) today announced that on Thursday, October 13, 2016, it will release 2nd Quarter results ended August 31, 2016. The company will hold an analyst call on Thursday, October 13, 2016, at 4:30 p.m. (Eastern Daylight...
Jul 13, 2016 12:55 pm ET
Velan Announces Election of Directors
Velan Inc. (the "Corporation") (TSX:VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 20, 2016 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 12,...
Jul 13, 2016 12:55 pm ET
Velan Announces Election of Directors
Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 20, 2016 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 12, 2016 in Montreal, Quebec.
Jul 12, 2016 03:00 pm ET
Velan Inc. Announces Leadership Transition Plan
Tom Velan, Chairman of the Board and Chief Executive Officer ("CEO") of Velan Inc. (TSX: VLN) (the "Company"), announced his plan to retire from his CEO position, effective March 1st, 2017. On that date, Yves Leduc, who is currently the President of the Company, will become President and CEO. Tom Velan will continue to be the Chairman of the Board. Yves Leduc will become the first non-Velan family CEO in the history of the family-controlled valve company.
Jul 12, 2016 02:58 pm ET
Velan Inc. Announces Leadership Transition Plan
Tom Velan, Chairman of the Board and Chief Executive Officer ("CEO") of Velan Inc. (TSX:VLN) (the "Company"), announced his plan to retire from his CEO position, effective March 1st, 2017. On that date, Yves Leduc, who is currently the President of...
Jul 12, 2016 01:24 pm ET
Velan Inc. Reports Its First Quarter 2016/17 Financial Results
Velan Inc. (TSX:VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2016. Highlights Sales of US$77.4 million...
Jul 12, 2016 01:23 pm ET
Velan Inc. Reports Its First Quarter 2016/17 Financial Results
Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2016.
Jun 29, 2016 10:43 am ET
Velan Inc.: Announcement
Velan Inc. (TSX:VLN) today announced that on Tuesday, July 12, 2016, it will release 1st Quarter results ended May 31, 2016. The company will hold an analyst call on Tuesday, July 12, 2016, at 4:30 p.m. (Eastern Daylight Time) to discuss...
Jun 29, 2016 10:43 am ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that on Tuesday, July 12, 2016, it will release 1st Quarter results ended May 31, 2016.
May 19, 2016 01:59 pm ET
Velan Inc. Reports Its Year-End and Fourth Quarter 2015/16 Financial Results
Velan Inc. (TSX:VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 29, 2016. Highlights Sales...
May 19, 2016 01:59 pm ET
Velan Inc. Reports Its Year-End and Fourth Quarter 2015/16 Financial Results
Velan Inc. (TSX: VLN) (the "Company"), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 29, 2016.
May 06, 2016 12:00 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX: VLN) today announced that on Thursday, May 19, 2016, it will release 4th Quarter results ended February 29, 2016.
May 06, 2016 12:00 pm ET
Velan Inc.: Announcement
Velan Inc. (TSX:VLN) today announced that on Thursday, May 19, 2016, it will release 4th Quarter results ended February 29, 2016. The company will hold an analyst call on Thursday, May 19, 2016, at 4:30 p.m. (Eastern Daylight Time) to...