SNAVF - Star Navigation Systems Group Ltd.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0002
0.0000 (0.00%)
At close: 9:46AM EDT
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Previous Close0.0002
Open0.3100
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0002 - 0.0002
52 Week Range0.0002 - 0.3100
Volume1,100
Avg. Volume211
Market Cap102,745
Beta (5Y Monthly)-3.27
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • Newsfile

    Star Navigation Announces Change in AGM Date

    Brampton, Ontario--(Newsfile Corp. - March 17, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces that the Order of the Ontario Superior Court of Justice dated January 17, 2020, ordering Star to hold an Annual General and Special Meeting of shareholders (the "AGM"), has been varied.(Please see Press Releases January 22, 2020 and February 12, 2020),The Company has now been permitted by the Court to hold its ...

  • Star Navigation Increases Exercise Period of Warrants
    Newsfile

    Star Navigation Increases Exercise Period of Warrants

    Brampton, Ontario--(Newsfile Corp. - March 12, 2020) -  Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces that, in response to feedback from investors, the term of the warrants to be issued in the recently announced Financing (see Press Releases March 10, 2020), has been increased to two (2) years.This correction does not change any other information reported in the Initial Press Release. About Star Navigation:Star Navigation Systems Group ...

  • CORRECTION FROM SOURCE: Star Navigation Announces Correction to Press Release Announcing Private Placement, and Debt Conversion
    Newsfile

    CORRECTION FROM SOURCE: Star Navigation Announces Correction to Press Release Announcing Private Placement, and Debt Conversion

    Brampton, Ontario--(Newsfile Corp. - March 10, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces a correction to its press release entitled " Star Navigation Announces Partial Revocation Order, Private Placement, and Debt Conversion " issued today (the "Initial Press Release"). The Initial Press Release incorrectly stated that the warrant exercise price for the Debt Conversion Units and the Private Placement Units was $0.02 and ...

  • Star Navigation Announces Partial Revocation Order, Private Placement, and Debt Conversion
    Newsfile

    Star Navigation Announces Partial Revocation Order, Private Placement, and Debt Conversion

    Brampton, Ontario--(Newsfile Corp. - March 10, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces that on March 6, 2020, the Ontario Securities Commission ("OSC") partially revoked the cease trade order issued against the Company on November 1, 2019 (the "CTO") for failing to file certain outstanding continuous disclosure documents in a timely manner.The Company applied for the partial revocation order ("Partial Revocation Order") to:Complete an exempt ...

  • Star Navigation Systems Group Ltd. Announces Elimination of $3.3 Million of Debt
    Newsfile

    Star Navigation Systems Group Ltd. Announces Elimination of $3.3 Million of Debt

    Brampton, Ontario--(Newsfile Corp. - February 14, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star or the "Corporation") is pleased to announce that creditors have accepted the Corporation's formal Proposal to settle outstanding debts. As a result of today's meeting, the Proposal Trustee will seek Court approval of the Proposal, which, if approved, will remove approximately $3.3 million in debt from the Corporation's balance sheet.This process was commenced by the former ...

  • Star Navigation Systems Group Ltd. Announces New Date for Annual and Special General Meeting
    Newsfile

    Star Navigation Systems Group Ltd. Announces New Date for Annual and Special General Meeting

    Brampton, Ontario--(Newsfile Corp. - February 12, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star' or the "Corporation") announced in a press release dated January 22, 2020, that the Commercial Court of the Ontario Superior Court of Justice (the "Court") had ordered that an Annual General and Special Meeting of the shareholders of Star be held on March 9, 2020 ( the "March 9/20 AGM") . The Court further ordered ...

  • Newsfile

    Star Navigation Systems Group Ltd. Announces Cancellation of February 14, 2020 Meeting and Date of Annual and Special General Meeting

    Brampton, Ontario--(Newsfile Corp. - January 22, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star' or the "Corporation") announces that on Friday, January 17, 2020, the Commercial Court of the Ontario Superior Court of Justice (the "Court") ordered that an Annual General and Special Meeting of the shareholders of Star be held on March 9, 2020. The Special Meeting previously called for February 14, 2020 will be cancelled.The Court further ordered ...

  • Star Navigation Systems Group Ltd. Announces Extension of Time to File Proposal
    Newsfile

    Star Navigation Systems Group Ltd. Announces Extension of Time to File Proposal

    Brampton, Ontario--(Newsfile Corp. - January 8, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Corporation") announces that the Commercial Court of the Ontario Superior Court of Justice (the "Court") has extended the time for filing a Proposal under the Bankruptcy and Insolvency Act (Canada) to January 24, 2020.Corporation management is confident that it will be able to meet this extended timeline. About Star Navigation:Star Navigation Systems Group Ltd. ...

  • GlobeNewswire

    Star Sets the Record Straight and Announces Anticipated Date of Court Hearing

    The Company also confirms that the press release filed by the Dissidents on December 11, 2019, was not authorized by Star. On December 18, 2019, the Court heard a motion for an interim injunction against the actions taken by Dissidents pending the Application. While that motion was dismissed, the Court held that there was a strong prima facie case against the Dissidents, and the Court declined to ratify the results of the Invalid Meeting.

  • Star Navigation Systems Group Ltd. Announces Dismissal of Injunction Request
    Newsfile

    Star Navigation Systems Group Ltd. Announces Dismissal of Injunction Request

    Brampton, Ontario--(Newsfile Corp. - December 19, 2019) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star' or the "Corporation") announces that the Commercial Court of the Ontario Superior Court of Justice (the "Court") has dismissed the injunction requested by terminated CEO Viraf Kapadia to suspend the results of the Shareholder Meeting held on December 11, 2019, at which a new board of directors was elected. An application to the Court ...

  • GlobeNewswire

    Star Confirms No Shareholder Meeting Was Held

    The Company also confirms that the press release filed by the Dissidents on December 11, 2019, which falsely alleges that certain persons have been elected and appointed as directors and officers, respectively, was not authorized by Star and no such election or appointments have been made. The reckless and illegal acts of the Dissidents continue to jeopardize the Company’s operation. The Company has commenced legal action to prohibit the Dissidents from engaging in any further illegal and disruptive activities and the matter is now being heard before the Ontario Superior Court of Justice.

  • Newsfile

    Star Navigation Systems Group Ltd. Announces Results of Shareholder Meeting

    Brampton, Ontario--(Newsfile Corp. - December 11, 2019) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star' or the "Corporation") reports that at the Special Shareholder Meeting ("Meeting") held on December 11, 2019, the shareholders passed the resolutions proposed in the Concerned Shareholders Proxy Circular.Peter Clausi, Brian Crawford, Birks Bovaird, Ali Jomaa, Stephen Coutts, Zachery Goldenberg, and Randy Hoback were elected as directors of the Corporation with the support ...

  • GlobeNewswire

    Star Files Notice of Intention to Make a Proposal Under the Bankruptcy and Insolvency Act (Canada) and Responds to Dissident Shareholders

    The filing of the Notice has the effect of imposing an automatic 30-day stay of proceedings that will protect the Company and its assets from the claims of creditors while the Company continues to pursue its restructuring efforts. This 30-day period may be extended with the authorization of the Ontario Superior Court of Justice. The Company also responded to the latest tactics of a dissident shareholder group and confirms that, as communicated to the dissidents and their counsel, no special meeting of shareholders of the Company (the “Shareholders”) will take place on December 11, 2019.

  • GlobeNewswire

    Star Navigation Confirms No Shareholders Meeting Will Take Place in December 2019

    The dissidents' latest initiative involves issuing inaccurate press releases falsely alleging a valid Shareholders meeting will take place on December 11, 2019, apparently soliciting shareholders in contravention of securities laws and inappropriately filing an information circular and form of proxy on the Company’s SEDAR profile. As confirmed in the Company’s press release dated October 17, 2019, and communicated to the Dissidents and the Ontario Securities Commission, the invalid meeting that is purported to be set by two notification of meeting and record dates (the “Notifications”) for December 11, 2019, is being called pursuant to two invalid shareholder meeting requisitions dated September 13, and 16, 2019 (the “Requisitions”).

  • GlobeNewswire

    Star Navigation Announces Delayed Filing of Financial Statements and Cease Trade Order

    Star Navigation Systems Group Ltd. (CSE:SNA) (SNA.CN) (SNAVF) ("Star” or the “Company”) reports that it did not file its annual financial statements for the financial period ended June 30, 2019, the related annual management's discussion and analysis and the related CEO and CFO certifications (collectively, the “Annual Filings”) by the filing deadline of October 28, 2019 and therefore is in default of its requirements under National Instrument 51-102 - Continuous Disclosure Obligations and National Instrument 52-109 - Certification of Disclosure in Issuer's Annual and Interim Filings, as applicable. In anticipation of the default described above, the Company had applied to the Ontario Securities Commission (“OSC”) for a management cease trade order under National Policy 12-203 – Management Cease Trade Orders which was expected to have only prohibited trading in securities of the Company by certain insiders of the Company.

  • GlobeNewswire

    Star Navigation Responds to Invalid Notice of Meetings

    Star Navigation Systems Group Ltd. (CSE:SNA) (SNA.CN) (SNAVF) ("Star” or the “Company”) has responded to the latest tactics of a dissident shareholder group and confirms that no special meeting of shareholders of the Company (the “Shareholders”) will take place on December 11, 2019. The dissidents’ latest initiative involves issuing two notifications of meeting and record dates on October 9, 2019 (the “Notifications”), one of which is purporting to set the date for a special meeting of Shareholders on December 11, 2019, pursuant to two invalid shareholder meeting requisitions dated September 13 and 16, 2019 (the “Requisitions”). The Requisitions constitute the fifth time that the dissidents have submitted an invalid shareholder meeting requisition to the Company.

  • GlobeNewswire

    STAR-A.D.S. ® Gen 3 system certified for A320 retrofit

    TORONTO, Oct. 03, 2019 -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star” or the “Company”) is pleased to announce the granting of a new.

  • GlobeNewswire

    STAR and ANTAZ team to Respond to Indian Government Military procurement requirements

    Star Navigation Systems Group Ltd. (CSE:SNA) (SNA.CN) (SNAVF) ("Star” or the “Company”) announces that the Company has entered into a partnership and industrial agreement with ANTAZ Technologies Pvt. A well-established Indian company with facilities in Hyderabad, Bangalore and Delhi, India, Antaz will adapt, integrate and market STAR products to the Indian Defence Forces (Air Force and Navy) in collaboration with Hindustan Aeronautics Limited (“HAL”) (hal-india.co.in).

  • GlobeNewswire

    AlMasria Universal Airlines Adds Two More Star Navigation STAR-A.D.S. ® Systems to Fleet

    Star Navigation Systems Group Ltd. (CSE:SNA) (SNAVF) ("Star” or the “Company”) is pleased to announce that AlMasria Universal Airlines ("AlMasria") of Egypt has decided to proceed with the installation of two additional STAR-A.D.S. ® Systems on recently acquired aircraft. In late 2018, AlMasria entered into an agreement with Star to equip their target fleet of 5 aircraft with the STAR-A.D.S. ® System. The first installation has met all expectations successfully and Star is pleased to report that AlMasria is exercising a provision of the original agreement to install the System on the next two aircraft.

  • GlobeNewswire

    Star Navigation Announces Completion of First Tranche of Private Placement

    Star Navigation Systems Group Ltd. (CSE:SNA) (SNA.CN) (SNAVF) ("Star” or the “Company”) announces that it has closed the first tranche of a non-brokered private placement, having issued 3,146,667 units of the Company (the "Units") at a price per Unit of $0.0375 for gross proceeds of $118,000. Each Unit consists of one common share in the capital of the Company and one warrant.  Each of the warrants acquired entitles the holder to purchase one (1) additional common share of the Corporation at five ($0.05) cents per warrant exercised. Star has agreed to pay finder's fees in the amount of Five (5%) percent of gross proceeds in Units and Five (5%) percent of gross proceeds in cash.

  • GlobeNewswire

    Star Navigation Responds to Invalid Notice of Meeting

    TORONTO, Aug. 12, 2019 -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star” or the “Company”) has responded to the latest tactics of a.

  • GlobeNewswire

    Star Navigation Extends Term and Re-Prices Certain Warrants

    TORONTO, July 29, 2019 -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star" or the "Company"), is pleased to announce that it is extending the.

  • GlobeNewswire

    Star Navigation Provides a Refocused Business Strategy Update

    Star Navigation Systems Group Ltd. (CSE:SNA) (SNA.CN) (SNAVF) ("Star” or the “Company”) is pleased to provide an update on its current 2019 re-focused business strategy. The contract for 5 aircraft installations with a scheduled flights airline in Egypt has been implemented. The first installation is scheduled for Fall 2019 as scheduling permits, with the balance of fleet installations to match the C-check schedule of the remaining aircraft in the fleet.

  • GlobeNewswire

    Star Navigation Responds to Shareholder Meeting Requisition

    TORONTO, July 15, 2019 -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star” or the “Company”) announces that the Board of Directors of the.

  • GlobeNewswire

    Star Navigation Announces MEDEVAC Agreement with Airmedic Inc.

    TORONTO, July 08, 2019 -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star” or the “Company”) announces that the Company has entered into a.