UR.TO - UrtheCast Corp.

Toronto - Toronto Delayed Price. Currency in CAD
0.25
-0.01 (-5.66%)
As of 1:30PM EDT. Market open.
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Previous Close0.26
Open0.25
Bid0.25 x 0
Ask0.25 x 0
Day's Range0.25 - 0.27
52 Week Range0.16 - 1.64
Volume56,350
Avg. Volume286,609
Market Cap31.721M
Beta (3Y Monthly)1.29
PE Ratio (TTM)N/A
EPS (TTM)-0.39
Earnings DateMay 2, 2018 - May 7, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.53
  • CNW Group16 days ago

    UrtheCast Announces Advance of US$5 Million in Connection with Non-Convertible Revolving Credit Facility

    VANCOUVER, Oct. 1, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast") is pleased to announce that 1112099 B.C. Ltd. (the "Lender"), the backstop party which entered into the conditional backstop agreement with UrtheCast in connection with the private placement that closed on May 3, 2018, has funded US$5 million to UrtheCast as an advance under the revolving credit facility of up to US$20 million expected to be entered into between UrtheCast and the Lender in the fourth quarter of 2018. The US$5 million advance was made under an unsecured demand promissory note which bears 14% interest per annum and contains terms and conditions customary for a loan of this size and nature. The full US$20 million revolving credit facility, which was previously announced on August 14, 2018, remains subject to, among other things, the completion and entering into of definitive documentation and the receipt of all necessary consents and approvals.

  • Should You Be Concerned About UrtheCast Corp’s (TSE:UR) Shareholders?
    Simply Wall St.2 months ago

    Should You Be Concerned About UrtheCast Corp’s (TSE:UR) Shareholders?

    Today, I will be analyzing UrtheCast Corp’s (TSE:UR) recent ownership structure, an important but not-so-popular subject among individual investors. Ownership structure of a company has been found to affect shareRead More...

  • CNW Group2 months ago

    UrtheCast Reports Second Quarter 2018 Financial Results

    UrtheCast entered into a binding agreement to purchase leading geoanalytics firm Geosys, including a 13-year service level agreement with a total contract value in excess of US$100 million Total UrtheCast ...

  • CNW Group2 months ago

    UrtheCast and Land O'Lakes, Inc. Announce Term Sheet for Purchase of Geosys

    Acquisition will create a unique, fully integrated imagery data and geoanalytics solution in the agribusiness industry. VANCOUVER, Aug. 14, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast") and Land O'Lakes, Inc. ("Land O'Lakes") today announced they have entered a binding term sheet for the purchase of Geosys Technology Holding LLC ("Geosys"), a wholly owned subsidiary of Land O'Lakes, for a purchase price of US$20 million. This landmark deal is expected to bring unprecedented value to agribusinesses worldwide through the enhanced relationship between imagery data and geoanalytical solutions.

  • CNW Group2 months ago

    UrtheCast to Host Second Quarter 2018 Conference Call on August 15, 2018

    VANCOUVER , Aug. 8, 2018 /CNW/ - UrtheCast Corp. (TSX: UR) ("UrtheCast" or the "Company") announced today that the Company will release its 2018 second quarter financial results after ...

  • Baystreet3 months ago

    Stocks in play: UrtheCast Corp.

    And its subsidiary, the Earth Observation company Deimos Imaging, announced today that they have been ...

  • CNW Group3 months ago

    UrtheCast Subsidiary Deimos Imaging and Partners Awarded Multi-Million Euro ESA Contract

    VANCOUVER, July 12, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") and its subsidiary, the Earth Observation company Deimos Imaging, announced today that they have been awarded a multi-million Euro contract through a consortium led by Airbus Defence and Space – and also including Planet, IGN-France and space4environment – to provide a very large set of Earth Observation products and services to the European Commission and the European Space Agency (ESA).

  • CNW Group4 months ago

    UrtheCast Corp. Appoints Donald F. Osborne as Chief Executive Officer

    VANCOUVER, June 19, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") today announced the appointment of Don Osborne as Chief Executive Officer. Mr. Osborne is a seasoned technology executive, having spent more than 30 years in the satellite, space and defence industries. Most recently, from 2009 to 2017 he was a senior executive at MDA, a Maxar Company, including as President of the MDA Information Systems Group where he was responsible for MDA's Canadian businesses.

  • CNW Group4 months ago

    Leading Independent Proxy Advisors Institutional Shareholder Services and Glass Lewis Recommend that Shareholders of UrtheCast Corp. Vote For All Director Nominees and Resolutions

    VANCOUVER, June 12, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") announces that leading independent proxy advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis") have recommended that UrtheCast shareholders vote FOR all director nominees and resolutions, including the amendment of the Company's General By-law No. 1.

  • CNW Group5 months ago

    UrtheCast Corp. Announces Filing of Management Information Circular and Changes to the Board of Directors

    VANCOUVER, May 31, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") announced today that it has filed a management information circular (the "Circular") for its annual and special shareholder meeting (the "Meeting") scheduled for 10:30 a.m. (Vancouver time) on June 25, 2018 at the Pan Pacific Hotel Vancouver at 300-999 Canada Place, Vancouver, BC. The purpose of the Meeting is, among other things, to elect directors to the board of directors of UrtheCast (the "Board"). The Company also announced that Tye Burt resigned as Chair of the Board and a director of UrtheCast effective as of May 30, 2018 and will not be continuing until June 25, 2018, as announced on May 30, 2018. An electronic copy of the Circular is available on SEDAR at www.sedar.com under UrtheCast's issuer profile and on the Company's website at www.urthecast.com.

  • CNW Group5 months ago

    UrtheCast Corp. Announces Changes to Board of Directors and Management

    VANCOUVER, May 30, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") announced today that, with the completion of the UrtheDaily senior loan facility and the subordinated capital financing, Tye Burt and Letitia A. (Tish) Long have decided, individually, not to stand for reelection as directors at its annual and special shareholder meeting (the "Meeting") scheduled for 10:30 a.m. (Vancouver time) on June 25, 2018 at the Pan Pacific Hotel Vancouver at 300-999 Canada Place, Vancouver, BC. Greg Nordal has also decided not to extend his three-month term as Interim CEO and to resign as Interim CEO and member of the board of directors of UrtheCast (the "Board") effective as of May 29, 2018. The Company is in advanced stages of a CEO search and will provide a progress update in due course.

  • CNW Group5 months ago

    UrtheCast Announces Release of Brokered Private Placement Proceeds from Escrow, Completion of Syndication of the UrtheDaily Facility and the Appointment of Two New Directors

    VANCOUVER, May 25, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast") is pleased to announce the release from escrow to UrtheCast of gross proceeds of approximately $16.7 million from the brokered private placement that closed on May 3, 2018 and the completion of the syndication of the US$142 million senior secured credit facility (the "UrtheDaily Facility") by the lender thereunder, an investment vehicle managed by Sound Point Capital Management, LP. The escrow release conditions for the brokered private placement of subscription receipts were satisfied on May 18, 2018 upon UrtheCast signing the credit agreement for the UrtheDaily Facility and obtaining a receipt for a final prospectus qualifying the distribution of notes and warrants underlying the subscription receipts.

  • CNW Group5 months ago

    UrtheCast Signs Credit Agreement for US$142 Million Credit Facility

    VANCOUVER, May 18, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") is pleased to announce that it has entered into a binding credit agreement (the "Credit Agreement") for the previously announced US$142 million senior secured credit facility (the "UrtheDaily Facility") with UrtheDaily Funding L.P., as the initial lender. UrtheCast is also pleased to announce the issuance of a receipt for a final prospectus qualifying the distribution of notes and warrants underlying the subscription receipts issued under the $21.7 million brokered private placement that formed part of the previously announced $34.4 million private placement that closed on May 3, 2018 (the "Subordinated Capital Financing"). The Lenders under the UrtheDaily Facility will fund the principal amount in equal amounts on each of the first drawdown date and the final drawdown date, subject to the Company meeting certain conditions precedent.

  • CNW Group5 months ago

    Deimos Imaging awarded contract exceeding USD $2.6M by the Brazilian Ministry of Defence

    MADRID and VANCOUVER, May 15, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") and its subsidiary, the Earth Observation company Deimos Imaging SLU ("Deimos Imaging"), announced today that Deimos Imaging has entered into a contract with the Brazilian Ministry of Defence's Aeronautics Command (COMAER) exceeding $2.6 million US dollars (the "Contract"). The Contract requires Deimos Imaging to supply Earth Observation products and services from the Deimos-2 satellite, during an initial period of three years that could be extended up to five years. Payments are expected to be spread equally over the initial three-year period.  Under the Contract, Deimos Imaging will collect new satellite imagery and provide access to the catalogue of archived imagery.

  • CNW Group5 months ago

    UrtheCast Reports First Quarter 2018 Financial Results and Provides Update on US$142 Million Credit Facility

    Company Also Provides Update on Financial Condition VANCOUVER , May 15, 2018 /CNW/ - UrtheCast Corp. (TSX:UR) ("UrtheCast" or the "Company") today announces financial results for the ...

  • CNW Group5 months ago

    UrtheCast Corp. Update on US$142 Million Credit Facility

    VANCOUVER, May 14, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") is pleased to announce that it has substantially finalized the definitive documentation for the credit agreement and related documentation for the previously announced US$142 million senior secured credit facility (the "UrtheDaily Facility") with the senior lenders. UrtheCast has also received confirmation that all funds currently held in escrow pursuant to the previously announced $34 million private placement of subscription receipts, which closed on May 3, 2018, will remain in escrow until applicable release conditions have been satisfied or waived and, in any event, at least until May 15, 2018.  Further details on the $34 million private placement were disclosed in UrtheCast's press release of May 3, 2018.

  • CNW Group5 months ago

    UrtheCast to Report First Quarter 2018 Results and Host Conference Call on May 15, 2018

    VANCOUVER , May 7, 2018 /CNW/ - UrtheCast Corp. (TSX: UR) ("UrtheCast" or the "Company") announced today that the Company will release its 2018 first quarter financial results after ...

  • CNW Group5 months ago

    UrtheCast Closes $34 Million Private Placement of Subscription Receipts

    VANCOUVER, May 3, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") is pleased to announce the closing of an approximately $34 million (or approximately US$27 million) private placement of subscription receipts (the "Subscription Receipts") previously announced on April 3, 2018 and April 10, 2018 (the "Subordinated Capital Financing"). The Subordinated Capital Financing exceeds the requirement to raise a minimum of US$25 million, which is a condition precedent to the proposed US$142 million senior secured facility for the UrtheDailyTM Constellation announced on April 3, 2018 (the "UrtheDailyTM Senior Secured Facility", together with the Subordinated Capital Financing, the "UrtheDailyTM Financing"). Subject to meeting the escrow release conditions described below, at least 50% of the proceeds from the Subordinated Capital Financing will be used for the UrtheDailyTM Constellation and the balance will be used for general and corporate purposes.

  • CNW Group6 months ago

    UrtheCast Announces Commitments for CAD$35 Million Brokered Private Placement of Subscription Receipts to Enable the UrtheDaily™ Financing Package

    VANCOUVER, April 10, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") is pleased to announce that it has been advised by Clarus Securities Inc. and Canaccord Genuity Corp. (the "Agents") that investors have committed to purchase CAD$35 million (or approximately US$27.3 million) of subscription receipts (the "Subscription Receipts") in connection with its previously announced brokered private placement (the "Subordinated Capital Financing"). As announced on April 3, 2018, the purchase price for each Subscription Receipt is CAD$0.35. Each Subscription Receipt will be convertible into a non-interest bearing, unsecured convertible note in the principal amount of CAD$0.35 (the "Notes"), such Notes convertible at a conversion price of CAD$0.32 (the "Original Conversion Price") for a period of six years following issuance of the Notes and a number of Common Share purchase warrants (the "Warrants") equal to 50% of the number of Common Shares the holder would receive if the Note were converted at the Original Conversion Price, such Warrants exercisable at an exercise price equal to CAD$0.48 for a period of five years following issuance of the Warrants.

  • CNW Group6 months ago

    IIROC Trade Resumption - UR

    TORONTO , April 3, 2018 /CNW/ - Trading resumes in: Company: UrtheCast Corp. TSX Symbol: UR (all issues) Resumption (ET): 09:00 IIROC can make a decision to impose a temporary suspension (halt) of trading ...

  • CNW Group6 months ago

    IIROC Trading Halt - UR

    TORONTO , April 3, 2018 /CNW/ - The following issues have been halted by IIROC: Company: UrtheCast Corp. TSX Symbol: UR (all issues) Reason: Pending News Halt Time (ET): 08:00 IIROC can make a decision ...

  • CNW Group6 months ago

    UrtheCast Reports Fourth Quarter and Fiscal 2017 Financial Results and Announces Brokered Private Placement

    Company Also Provides Update on Financial Condition VANCOUVER , April 2, 2018 /CNW/ - UrtheCast Corp. (TSX:UR) ("UrtheCast" or the "Company") today announces financial results for the ...

  • CNW Group7 months ago

    UrtheCast to Report Fourth Quarter 2017 Results on April 2, 2018 but Cancels Live Conference Call

    VANCOUVER, April 2, 2018 /CNW/ - UrtheCast Corp. (TSX:UR.TO - News) ("UrtheCast" or the "Company") announced today that the Company will cancel the live conference call previously scheduled for this afternoon. UrtheCast Corp. is a Vancouver-based technology company that serves the rapidly evolving geospatial and geoanalytics markets with a wide range of information-rich products and services. The Company operates Earth Observation (EO) sensors in space, through its subsidiary Deimos Imaging, including two satellites, Deimos-1 and Deimos-2, to produce imagery data for partners and customers in multiple markets.