SAN FRANCISCO, CALIFORNIA — (Marketwired) — 09/22/17 — The impact of Hurricane Harvey cannot be understated. At Noble Iron, we have employees, families and friends who have been affected by this tragic event. Our thoughts are with everyone in the Texas and Louisiana regions. Those people need our immediate help and support.To help those negatively impacted by Harvey, Noble Iron has made a $10,000 donation to Red Cross. We encourage others who are able to make a positive contribution. It–s
SAN FRANCISCO, CALIFORNIA — (Marketwired) — 05/05/17 — Noble Iron Inc. ("Noble Iron" or the "Company") (TSX VENTURE: NIR), further to its press release dated May 1, 2017, announced that the sale of its Los Angeles, California based equipment rental operations to Sunbelt Rentals, Inc. has been completed.The total purchase price was $46.5 million in cash, of which $1.37 million is being held in an escrow account for 180 days following closing for any adjustments to the pur
SAN FRANCISCO, CALIFORNIA — (Marketwired) — 05/01/17 — Noble Iron Inc. ("Noble Iron" or the "Company") (TSX VENTURE: NIR) announced that its wholly-owned subsidiary, Noble Rents, Inc. ("NRI"), has entered into an asset purchase agreement (the "Agreement") to sell the assets of its Los Angeles, California based equipment rental operations (the "Business") to Sunbelt Rentals, Inc. (the "Buyer").The purchase price is approximately $46
SAN FRANCISCO, CALIFORNIA — (Marketwired) — 03/28/17 — Noble Iron Inc. ("Noble Iron," or "the Company") (TSX VENTURE: NIR) announced a $3 million loan facility, of which $2 million has been committed, to fund working capital and growth initiatives. The loan has a term of one year and is secured by assets of the Company. Terms of the financing include an annual interest rate of 15%, paid quarterly, with no principal payments due until maturity, and an early exit fee in th
SAN FRANCISCO, CALIFORNIA — (Marketwired) — 01/09/17 — Noble Iron Inc. ("Noble Iron," or "the Company") (TSX VENTURE: NIR) announced the launch of an asset sharing partnership with American High Reach, Inc. ("AHR"). Under the terms of the agreement, a number of AHR-owned assets will be placed into Noble Iron–s equipment rental pool in Los Angeles, California, and the two companies will share rental revenue earned on the equipment. Under the Noble Iron asset sh
SAN FRANCISCO, CALIFORNIA — (Marketwired) — 11/29/16 — Noble Iron Inc. ("Noble Iron" or the "Company") (TSX VENTURE: NIR) announced its interim unaudited consolidated financial results for the three and nine month periods ended September 30, 2016 (the "third quarter" or "Q3").Financial Highlights and Significant EventsConsolidated Financial Highlights:(1) Adjusted EBITDA is a non-IFRS measure and is defined within the "Introduction – Non-IFRS Mea
SAN FRANCISCO, CALIFORNIA — (Marketwired) — 11/09/16 — Noble Iron Inc. ("Noble Iron" or the "Company") (TSX VENTURE: NIR) announced that it has entered into a binding agreement (the "Agreement") effective today to sell its Houston, Texas, equipment sales and rental business. Pursuant to the Agreement, the Company has sold all of its shares of Noble Rents (TX), Inc., which operates the Houston operations, to an arm–s length third party. Noble Iron will continue
SAN FRANCISCO, CALIFORNIA — (Marketwired) — 08/29/16 — Noble Iron Inc. ("Noble Iron" or the "Company") (TSX VENTURE: NIR) announced its interim unaudited consolidated financial results for the three and six month periods ended June 30, 2016 (the "second quarter" or "Q2").Financial Highlights and Significant EventsConsolidated Financial Highlights:Financial ResultsNoble Iron recorded revenues of $12.3 million and $12.2 million for the six months ended
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SAN FRANCISCO, CALIFORNIA — (Marketwired) — 07/05/16 — Noble Iron Inc. ("Noble Iron") (TSX VENTURE: NIR) announced that effective July 5th, 2016 Suzy Taherian will be stepping down from the position of CFO and will be leaving the company due to personal reasons. On an interim basis, Nabil Kassam, Chairman & CEO, will assume the company–s CFO duties, supported by Noble Iron–s finance team. "We thank Suzy for her service and contribution to Noble Iron," commented Mr.
