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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D



TSX:CUS.DB.D - Post by User

Comment by phoenix_traderon May 06, 2015 10:42pm
191 Views
Post# 23702586

RE:Positive change in Operating Cash Activities- $48.6 million

RE:Positive change in Operating Cash Activities- $48.6 millionThe Board of Directors declared a quarterly dividend of $0.01 per common share payable July 15, 2015 to shareholders of record on June 30, 2015. "I am pleased with first quarter financial results and the progress being made on our Business Improvement Program", commented Doug Wonnacott, President and CEO. "Energy market conditions are likely to continue to challenge business performance at NATO and in our North America Chlor-alkali business unit, and I expect weaker second quarter results. Given this environment, the success and timing of a disposition of NATO or our North American Chlor-alkali business is uncertain. We will continue to focus on what we can reasonably control to reduce debt, improve business performance and leverage our impressive portfolio of chemical assets to move Canexus forward."
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