WINNIPEG, October 16, 2017 – Empire Industries Ltd. (“Empire” or the “Corporation”) announced a correction to its news release issued on October 16, 2017. Specifically, Empire is offering 0.15 rights for each issued and outstanding Common Share. The original news release incorrectly stated that Empire was offering one right for each issued and outstanding Common …
WINNIPEG, October 16, 2017 – Empire Industries Ltd. (“Empire” or the “Corporation”) is pleased to announce that it is commencing a rights offering to holders (“Shareholders”) of its Class “A” Common Shares (“Common Shares”) of record at the close of business (Toronto time) on October 24, 2017 (the “Record Date”) on the basis of one …
The first step to set up Co-venture attraction companies in North America and China WINNIPEG, October 12, 2017 – With reference to its prior new releases dated August 28, 2017 and August 31, 2017, Empire Industries Ltd. (TSX-V: EIL) is pleased to announce that it has closed a private placement (the “Empire Subscription Receipt …
Giant telescope will be built on mountain Hawaiians consider sacred Hawaii’s land board on Thursday granted a construction permit for a giant telescope on a mountain that Native Hawaiians consider sacred, a project that has divided the state. The $1.4 billion Thirty Meter Telescope (TMT) has pitted people who say the instrument will provide educational …
WINNIPEG, August 31, 2017 – Empire Industries Ltd. (TSX-V: EIL) is pleased to announce more details related to how the August 28, 2017 announced Co-Venture Initiative is going to proceed to completion. The parties to the letter of intent dated August 28, 2017 (the “Letter of Intent”) are Empire Industries Ltd. (“Empire”), Excellence Raise Overseas …
Co-venture attraction companies to be set up in North America and China WINNIPEG, August 28, 2017 – Empire Industries Ltd. (TSX-V: EIL) is pleased to announce that it has entered into a letter of intent to structure and capitalize $31 million of equity in co-venture attraction companies. These co-venture attraction companies will partner with tourist-based …
The final design for TMT’s enclosure—a huge, moveable dome that will house the telescope—is nearing completion. A substantial portion of the final design has already been done, allowing for work to begin on the production readiness phase. The last of the design reviews, for the enclosure’s electrical and controls aspects, is planned for the coming months, with the hope that a contract for the fabrication phase and making all the parts can be signed later in the year.
Original article at ExportWise Guy Nelson clearly remembers his birthday in 2007 – it was day the Empire Industries (EI) founder and CEO purchased Dynamic Structures and backed the company with a rich history of exports in both telescopes and amusement ride attractions. Nelson first became aware of Port Coquitlam-based Dynamic Structures when EI, also a steel fabricator, was …
Guy Nelson is CEO of Dynamic Technologies Group and its subsidiary, Dynamic Structures. Based in Port Coquitlam, B.C., Dynamic Structures specializes in designing and building large-scale, complex mechanical systems, including advanced amusement park rides and large optical telescopes.
WINNIPEG, June 14, 2017 – Empire Industries Ltd. (TSX-V: EIL) today reported that it has received a USD$ 40 million ride system contract with an Asian theme park owner. This contract will largely be executed over the next 2 years from the company’s Vancouver-based design and manufacturing facilities. About Empire Industries Ltd. Empire Industries …