Waterloo, Ontario – May 2016 – Beresford Box Company Inc. has closed an $11.8 million senior asset-backed facility with New York based Ares Commercial Finance, Ares Management’s asset-based lending platform.
Redbox Hardware Inc., owner and operator of the Roofers World brand, today announced the company has closed a $500,000 private placement financing.
Red Deer, Alberta; May 11, 2016 – Altair Water and Drilling Services announces today it has bought the business of Alken Basin Drilling in Red Deer, Alberta.
The duty of directors is always to direct the affairs of the corporation so as to maximize its value for the benefit of its stakeholders. When a corporation is solvent, those stakeholders are the corporation’s shareholders. When the corporation is insolvent, its creditors take the place of the shareholders as the residual beneficiaries of any increase in its value.
Bridging Finance Inc. has announced it provided a $17.0 million Revolver loan facility to an Energy Marketer with a leading presence in the Ontario and Quebec markets. Sinclair Range Inc. assisted the borrower with this transaction.
