GUELPH, ONTARIO — (Marketwire) — 06/29/12 — Texada Software Inc. (TSX VENTURE: TXS) (the "Company") is pleased to announce that further to its press release dated May 16, 2012, the Company has completed the closing of the previously announced non-brokered private placement (the "Private Placement"), of 22,500,000 common shares of the Company (the "Common Shares") at a price of $0.20 per share for gross proceeds of $4,500,000.The Common Shares issued in connecti
– $25.0 Ml. U.S. Revolving Senior Secured Line of Credit Facility with a four year term – Interest rate of one month LIBOR plus 325 bps; no scheduled principal payments – A total of $13.2 Ml. U.S. funded at closing leaving $11.8 Ml. undrawn and available, subject to applicable borrowing base.
– Record revenue of $4.0 Ml. for the quarter compared to $1.1 Ml. in 2011 – Adjusted EBITDA (as defined below) of $0.52 Ml. compared to a loss of $0.06 Ml. in 2011 – Net loss of $0.41 Ml. as compared to a net loss of $0.17 Ml. in 2011
– $25.0 Ml. U.S. Revolving Senior Secured Line of Credit Facility with a four year term – Interest rate of one month LIBOR plus 325 bps; no scheduled principal payments – Approximately $13.2 Ml. U.S. is expected to be funded at closing leaving $11.8 Ml. undrawn and available, subject to applicable borrowing base. The anticipated closing date is May 31, 2012
– Total revenues for the three months ended March 31, 2012 were $4.0 Ml., an increase of $2.9 Ml. or 263% compared to 2011. – Including the revenues of the equipment rental business for the first quarter of 2011 even though Texada did not own this business at that time, the increase in total revenues over the same period was $1.1 Ml. or 39%. – Equipment rental revenues were $2.6 Ml. in the quarter ended March 31, 2012, a 44% increase compared to 2011 when Texada did not own the business. – Softw
GUELPH, ONTARIO — (Marketwire) — 12/07/11 — Texada Software Inc. (TSX VENTURE: TXS) (the "Company"), further to its press release of December 2, 2011, announced today that it issued 2,022,152 common shares of the Company to certain holders of convertible debentures, the terms of which provided that accrued interest thereon was convertible into common shares, who elected to convert an aggregate of $242,658.19 of such interest. The common shares were issued at a deemed price of $0.1
GUELPH, ONTARIO — (Marketwire) — 12/02/11 — Texada Software Inc. (TSX VENTURE: TXS) (the "Company") is pleased to announce that holders of an aggregate of $713,500 principal amount of its previously issued convertible debentures (the "Debentures") have elected to convert the amounts outstanding under the Debentures into common shares of the Company. The Company issued the Debentures in the aggregate principal amount of $1,095,500 on December 2, 2008 in connection with a
GUELPH, ONTARIO — (Marketwire) — 11/29/11 –Texada Software Inc. ("Texada") (TSX VENTURE: TXS), announces today its unaudited interim financial results for the three and nine months ended September 30, 2011.For the quarter ended September 30, 2011, the Company generated total revenues of $1.9 Ml. and net earnings of $4.4 Ml. Adjusted EBITDA (defined as net earnings (loss) for the period adjusted for amortization, gain on acquisition fair value, acquisition expenses, accretion on conv
GUELPH, ONTARIO — (Marketwire) — 11/09/11 — Texada Software Inc. (TSX VENTURE: TXS) (the "Company") announced today that it has completed a multi year extension of its licensing agreement with PROIV Technology LLC ("PROIV"). PROIV provides software rapid application development tools to Texada. The companies have been strategic partners since 1992."We are very pleased to enter into this multi-year extension with PROIV," said Brian Spilak, Texada-s President. &q
GUELPH, ONTARIO — (Marketwire) — 11/09/11 — Texada Software Inc. (TSX VENTURE: TXS) (the "Company") announced today that the Board of Directors of the Company has approved an amendment to its stock option plan (the "Plan") to increase the fixed number of options available to be granted under the Plan by an additional 4,000,000 options to a total of 6,555,469. This amendment is subject to the receipt of all required regulatory, stock exchange and shareholder approvals.The
