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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.


TSX:SXP - Post by User

Post by DanielDarden123on Feb 27, 2023 2:08pm
237 Views
Post# 35307663

With Cause?

With Cause?SXP has responded to an email query regarding whether the former CFO is entitled to her severance as described in the 2021 Management Circular. It’s answer indicates “that she definitely is not”.

That would suggest that she was dismissed with cause which would void her entitlement as described. It would appear that she violated some term/s of her employment with SXP. Please do not misinterpret this, as further details were not provided.
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