CALGARY, ALBERTA — (Marketwired) — 05/11/17 — Critical Control Energy Services Corp. ("Critical Control" or the "Corporation") (TSX: CCZ) announces that it intends to complete a non-brokered private placement of units (the "Units") consisting of a newly created class of Series A Preferred Shares (the "Preferred Shares") and common share purchase warrants (the "Warrants") for gross proceeds of a minimum of $3,000,000 to a maximum of $5,000,00
CALGARY, ALBERTA — (Marketwired) — 05/10/17 — Critical Control Energy Services Corp. (TSX: CCZ) today reported its financial results for the three months ended March 31, 2017."The results of the business process reengineering undertaken by management in 2016 are evident in our improved margins and reduced general and administrative expenses in the quarter", said Alykhan Mamdani. "While the uncertainty in the oil and gas industry continues, the changes we have made to our oper
CALGARY, ALBERTA — (Marketwired) — 08/11/16 — Critical Control Energy Services Corp. (TSX: CCZ) today reported its financial results for the three and six months ended June 30, 2016."To meet the uncertainty in the price of oil and gas and the current trends in industry, we have restructured our operations to ensure long term viability, " said Alykhan Mamdani, President and CEO of Critical Control. "We continue to invest in our intellectual property which will form the engine
CALGARY, ALBERTA — (Marketwired) — 06/21/16 — Critical Control Energy Services Corp. ("Critical Control" or the "Corporation") (TSX: CCZ) is pleased to announce that all the resolutions presented at the Corporation–s annual meeting held in Calgary on June 20, 2016, including the appointment of George Watson, Dennis Nerland, Alykhan Mamdani, Gary Bentham, Kevin Lo and Nizar Jaffer Somji as directors, and the appointment of KPMG LLP as auditor, were approved by shareholde
CALGARY, ALBERTA — (Marketwired) — 05/16/16 — Critical Control Energy Services Corp. (TSX: CCZ) today reported its financial results for the three months ended March 31, 2016."Despite lost revenue due to bankruptcies, shut in wells and price concessions, we have maintained our strong recurring revenue base," said Alykhan Mamdani, President and CEO of Critical Control. "Our efforts to reengineer our operations to be competitive in the current landscape has begun to bear fruit
CALGARY, ALBERTA — (Marketwired) — 03/24/16 — Critical Control Energy Services Corp. (TSX: CCZ) today reported its financial results for the year ended December 31, 2015."Despite gale force industry headwinds, we delivered on our key strategic objectives of organic growth in our Software segment and the expansion of our geographic footprint in the US," said Alykhan Mamdani, President and CEO of Critical Control. "The measures we have already taken in 2015 and early 2016 to in
CALGARY, ALBERTA — (Marketwired) — 12/18/15 — Critical Control Energy Services Corp. ("Critical Control" or the "Corporation") (TSX: CCZ) is pleased to announce that it has sold certain US based real estate assets acquired as part of the US$2.0 million purchase of a measurement business in April 2015 for cash consideration of US$700,000 and executed a new lending agreement with its bank, renewing its credit facilities with more flexible covenants to reflect the reorganiz
CALGARY, ALBERTA — (Marketwired) — 10/01/15 — Critical Control Energy Services Corp. ("Critical Control" or the "Corporation") (TSX: CCZ) is pleased to announce that it has executed a revised lending agreement with its bank. The revised agreement provides Critical Control with a new US$2.0 million term loan repayable over three years, and provides the Corporation additional flexibility with respect to its covenants as the Corporation completes its transition to a focused
CALGARY, ALBERTA — (Marketwired) — 08/11/15 — Critical Control Energy Services Corp. (TSX: CCZ) today reported its financial results for the three and six months ended June 30, 2015."Despite a turbulent industry, we are pleased to deliver both organic growth in Canada and growth through a strategic geographic acquisition in the United States," said Alykhan Mamdani, President and CEO of Critical Control. "Measures taken and costs incurred in the quarter to reduce overall admin
CALGARY, ALBERTA — (Marketwired) — 08/06/15 — Critical Control Energy Services Corp. ("Critical Control" or "the Corporation") (TSX: CCZ) announced the release of a new version of its ProMonitor software containing numerous improvements, enhancements and new functionality. New functionality includes a real-time reporting module, providing critical warnings on risks of failure in pipelines and a customizable risk calculator, allowing clients to modify factors and weightin
