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Spark Power Group Inc (SPG.TO)

SPG.TO on Toronto Stock Exchange

1.15CAD
20 Sep 2019
Change (% chg)

$-0.03 (-2.54%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Spark Power Group Announces Rights Offering
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - Spark Power Group Inc ::SPARK POWER GROUP INC. ANNOUNCES RIGHTS OFFERING.SPARK POWER GROUP INC - ANNOUNCES RIGHTS OFFERING TO ACQUIRE COMMON SHARES OF COMPANY ("COMMON SHARES") TO RAISE GROSS PROCEEDS OF UP TO C$6 MILLION.SPARK POWER GROUP - CO TO USE PROCEEDS OF OFFERING TO REPAY PORTION OF INDEBTEDNESS OUTSTANDING UNDER REVOLVING CREDIT LINE UNDER CREDIT FACILITY.SPARK POWER - EACH RIGHT WILL ENTITLE HOLDER TO SUBSCRIBE FOR 0.135789272 OF COMMON SHARE AT SUBSCRIPTION PRICE OF C$0.96 PER WHOLE COMMON SHARE.  Full Article

Spark Power Provides Further Information Respecting The Acquisition Of 3-Phase Electrical Ltd
Thursday, 8 Aug 2019 

Aug 7 (Reuters) - Spark Power Group Inc ::SPARK POWER PROVIDES FURTHER INFORMATION RESPECTING THE ACQUISITION OF 3-PHASE ELECTRICAL LTD. AND ANNOUNCES THE RESIGNATION OF DON MORRISON AS A DIRECTOR OF SPARK POWER GROUP INC..CASH PORTION OF PURCHASE PRICE WAS FUNDED FROM COMPANY'S ACQUISITION FACILITY.TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE (BEFORE POTENTIAL SYNERGIES) TO SPARK POWER'S REVENUE AND EARNINGS.  Full Article

Spark Power Expands Western Canada Footprint With Addition Of 3-Phase Electrical To Spark Power Group Of Companies
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Spark Power Group Inc ::SPARK POWER EXPANDS WESTERN CANADA FOOTPRINT WITH THE ADDITION OF 3-PHASE ELECTRICAL TO THE SPARK POWER GROUP OF COMPANIES.SPARK POWER GROUP INC - ACQUISITION OF 3-PHASE ELECTRICAL LTD., BY WAY OF A SHARE PRICE AGREEMENT.SPARK POWER GROUP INC - 3-PHASE ELECTRICAL LTD WILL BECOME A WHOLLY-OWNED SUBSIDIARY OF SPARK POWER, OPERATING WITHIN ITS TECHNICAL SERVICES GROUP.SPARK POWER GROUP INC - WHILE TERMS OF DEAL ARE CONFIDENTIAL, ACQUISITION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS.SPARK POWER GROUP INC - IN NEAR TERM, 3-PHASE WILL CONTINUE TO OPERATE UNDER ITS BRAND NAME.  Full Article

Spark Power Appoints Larry Taylor As Board's Chairman
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Spark Power Group Inc ::LARRY TAYLOR WILL SERVE AS BOARD'S CHAIRMAN AND CHAIR OF AUDIT COMMITTEE.  Full Article