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Urthecast Corp T.UR


Primary Symbol: LFDEF

UrtheCast Corp is a Vancouver-based technology company that serves the geospatial and geo-analytics markets with a variety of products and services. The company operates earth observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast's cloud-based web platform and distributed directly to partners and customers. The company's primary source of revenue is from earth observation imagery and engineering. Geographically the company offers its services to Europe, Russia, Middle East, Africa, South Asia, and the Americas. Its only operating segment being the provision of the Earth observation imagery, geo-analytics products and services, and engineering and value-added services.


GREY:LFDEF - Post by User

Bullboard Posts
Comment by NowDone21on Apr 04, 2018 11:40am
66 Views
Post# 27828863

RE:RE:RE:Possibility?

RE:RE:RE:Possibility?Although all seems lost now but I think everyone needs to consider all their options. So just wondering about a few things. If they were to make any progress on the brokered private placement then should there be any news relases soon on this at various stages like:
  1. TSX hardship clause approval (I am assuming this is the first thing they will be targeting)?
  2. Issuing of private placement and who are the people they are offering it to?
  3. Completion/progress of private placement? Will it be possible to track that somewhere?
  4. Any updates on backstop commitment? I am assuming that will have to happen after the private placement since the first is a condition on the second one?

Also realistically is it even possible to get a private placement done in 2 weeks? Has that ever been done?
Bullboard Posts