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Sofame Technologies Inc SFMGF

Sofame Technologies Inc is a Canada based company engaged in engineering and manufacturing direct-contact heat recovery and industrial water heating systems. Its services and products belong in the categories of power boiler and heat exchanger manufacturing. The products of the company include percotherm, percomax, hybrid oercotherm, launrec RBT, among others. The organization generates revenue from the US and Canada based clients, of which maximum revenue is derived from the Canada based client


GREY:SFMGF - Post by User

Post by Bigswedeon Mar 01, 2016 8:26am
249 Views
Post# 24608017

To Trade Again

To Trade Again
Again we wait and see. The Board is planning to bring Sofame's shares back to active trading on the TSX Venture exchange prior to reviewing a takeover offer from a firm with similar operations based in the United States. A precondition to presentation of the offer, is conversion of Sofame's trade debts to shares of Sofame. These negotiations are starting in March, and will be subject to final approval by the TSXV. Read more at https://www.stockhouse.com/news/press-releases/2016/02/29/sofame-calls-annual-general-and-special-shareholder-meeting-for-may-18-2016#57513F5bfwG4cJqb.99e.
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