|Bid||0.0100 x 0|
|Ask||0.0150 x 0|
|Day's Range||0.0200 - 0.0200|
|52 Week Range||0.0100 - 0.0400|
|Beta (5Y Monthly)||6.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun. 03, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
OTTAWA, ON , June 3, 2020 /CNW/ - Clearford Water Systems Inc. ("Clearford" or the "Company"), (CLI.V), announced today that COVID-19-related restrictions have delayed the Company's ability to meet the deadlines prescribed by National Instrument 51-102 – Continuous Disclosure Obligations ("NI 51-102"). The Company intends to rely upon blanket orders and similar instruments (including Ontario Instrument 51-502 Temporary Exemption From Certain Corporate Financing Requirements) recently granted by various securities regulatory authorities in Canada (collectively, the "Blanket Relief"), which provide temporary relief to reporting issuers from certain requirements of NI 51-102. The Company estimates that its financial statements and management discussion and analysis for the quarter ended March 31, 2020 will be filed on or before July 15, 2020 .
Clearford Announces Deferral of Filing of its Annual Consolidated Financial Statements and Management Discussion and Analysis
OTTAWA , March 23, 2020 /CNW/ - Clearford Water Systems Inc. ("Clearford" or the "Company"), (CLI.V), today announced that it has entered into a new US$1.5 million loan with an existing lender. The proceeds of the loan will be used to repay certain short-term debt and assist the Company in meeting its short-term working capital requirements. The Company announces that its Board of Directors (the "Board") has initiated a formal process to review potential strategic alternatives available to the Company (the "Process").
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see...
OTTAWA, Dec. 13, 2019 /CNW/ - Clearford Water Systems Inc. ("Clearford" or the "Company"), (TSXV:CLI.V - News), today announced that it has entered into amending agreements on its convertible debentures and provided an option to an existing debtholder to acquire 25% of its subsidiary, UV Pure Technologies Inc. (UVP) for $1 million. The Company announced that it has entered into an agreement with its convertible debenture holders to amend the terms of four of its convertible debentures. The amendments remove the conversion feature which would have allowed the debtholder to convert the debt into shares of the Company at a conversion price of $0.20 per share effectively changing the convertible to a standard secured debt.
Industry: Waste Management
Full Time Employees: 91
Clearford Water Systems Inc., a water management company, provides unified water infrastructure solutions in Canada, the United States, India, and internationally. It operates in three segments: Waterworks, Water & Wastewater Infrastructure Delivery, and UV disinfection. The company offers Clearford One, a wastewater solution for the collection, conveyance and treatment of sewag; ClearDigest, an underground tanks that receive raw sewage from each connected source; ClearConvey, a network of small bore sewer pipes that carries liquids without any infiltration to an optimized facility for final treatment; and ClearRecover, a treatment facility. It also provides Clearford M-brane, a lifecycle solution for managed and decentralized water treatment; Clearford UV, which offers potable, wastewater, reuse, and rainwater disinfection systems; and Clearford Pay-for-Performance project financing program solutions. In addition, the company designs, manufactures, and sells ultraviolet purification systems using its patented Crossfire technology into the potable water, wastewater, reuse, and rainwater harvesting markets. Further, it provides water supply and wastewater treatment systems for small communities, as well as manufactures and supplies packaged treatment solutions, including containerized membrane plants for advanced water treatment. The company was formerly known as Clearford Industries Inc. and changed its name to Clearford Water Systems Inc. in June 2014. Clearford Water Systems Inc. is headquartered in Ottawa, Canada.