TORONTO, ONTARIO — (Marketwired) — 04/27/17 — ZoomerMedia Limited (TSX VENTURE: ZUM) (the "Company"), the leader in serving the interests of the 45+ "Zoomer" market in Canada, today announced its financial results for the second quarter ended February 28, 2017.Consolidated ResultsFor the three months ended February 28, 2017 the Company had revenues of $11.8 million, operating expenses of $12.6 million and negative EBITDA of $0.8 million. Net loss for the three months end
TORONTO, ONTARIO — (Marketwired) — 03/09/17 — ZoomerMedia Limited (TSX VENTURE: ZUM) (the "Company"), the leader in serving the interests of the 45+ "Zoomer" market in Canada, today announces the departure of its Chief Financial Officer, George Kempff for personal reasons. David Vickers, currently Vice-President Finance for the Company, will be appointed Chief Financial Officer effective March 10, 2017.David Vickers is a seasoned senior financial executive with over 20 y
TORONTO, ONTARIO — (Marketwired) — 01/23/17 — ZoomerMedia Limited (TSX VENTURE: ZUM) (the "Company"), the leader in serving the interests of the 45+ "Zoomer" market in Canada, today announced its financial results for the three months ended November 30, 2016.Results for the Three Months Ended November 30, 2016For the three months ended November 30, 2016 the Company had revenues of $14.3 million, operating expenses of $12.2 million and EBITDA of $2.1 million. Net income f
TORONTO, ONTARIO — (Marketwired) — 12/20/16 — ZoomerMedia Limited (TSX VENTURE: ZUM) (the "Company"), the leader in serving the interests of the 45+ "Zoomer" market in Canada, today announced its financial results for the fiscal year ended August 31, 2016.Consolidated ResultsFor the year ended August 31, 2016 the Company had revenues of $52.7 million, operating expenses of $46.6 million and Adjusted EBITDA of $6.1 million. Net income for the year ended August 31, 2016, a
TORONTO, ONTARIO — (Marketwired) — 07/25/16 — ZoomerMedia Limited (the "Company" or "ZoomerMedia") (TSX VENTURE: ZUM) announces it has granted 3,100,000 stock options to various officers, employees and consultants. The options are exercisable at $0.10 per share, one-third vest on July 25, 2017, one-third on July 25, 2018 and one third on July 25, 2019. The options have a term of five years.The granting of all options remains subject to regulatory approval.About ZoomerMed
TORONTO, ONTARIO — (Marketwired) — 07/22/16 — ZoomerMedia Limited (TSX VENTURE: ZUM) (the "Company"), the leader in serving the interests of the 45+ "Zoomer" market in Canada, today announced its financial results for the third quarter ended May 31, 2016.Consolidated ResultsFor the three months ended May 31, 2016 the Company had revenues of $13.6 million, operating expenses of $11.8 million and EBITDA of $1.8 million. Net income for the three months ended May 31, 2016, a
TORONTO, ONTARIO — (Marketwired) — 05/06/16 — ZoomerMedia Limited (TSX VENTURE: ZUM) ("Zoomer") announces that Moses Znaimer, President and Chief Executive Officer of Zoomer, established an automatic share purchase plan (the "ASPP") with his broker to acquire common shares of Zoomer in the open market commencing May 9, 2016.Mr. Znaimer–s decision to participate in the ASPP is a personal decision based on his own investment objectives. Under the ASPP, Mr. Znaimer is not
TORONTO, ONTARIO — (Marketwired) — 04/22/16 — ZoomerMedia Limited (the "Company" or "ZoomerMedia") (TSX VENTURE: ZUM) announces it has granted 11,100,000 stock options to various directors, officers and employees. The options are exercisable at $0.10 per share, one-third vest on April 22, 2017, one-third on April 22, 2018 and one third on April 22, 2019. The options have a term of five years.The granting of all options remains subject to regulatory approval.About ZoomerM
TORONTO, ONTARIO — (Marketwired) — 04/21/16 — ZoomerMedia Limited (TSX VENTURE: ZUM) (the "Company"), the leader in serving the interests of the 45+ "Zoomer" market in Canada, today announced its financial results for the second quarter ended February 29, 2016.Consolidated ResultsFor the three months ended February 29, 2016 the Company had revenues of $11.2 million, operating expenses of $11.4 million and negative EBITDA of $0.2 million. Net loss for the three months end
TORONTO, ONTARIO — (Marketwired) — 03/29/16 — ZoomerMedia Limited (TSX VENTURE: ZUM) (the "Company") today announced that it has completed the sale of its 2.6 acre property and buildings located at 30, 64 and 70 Jefferson Avenue, Toronto to Allied Properties REIT ("Allied") for gross proceeds of $31 million and has entered into an agreement to lease the property from Allied.Concurrently the Company used a portion of the proceeds of the sale to retire its term loan and mo
