2013
Pason to Release Fourth Quarter and Year-End 2013 Results on February 27, 2014
FOR IMMEDIATE RELEASE
Calgary, Alberta (December 18, 2013) - Pason Systems Inc. (PSI.TO) intends to release its fourth quarter and year-end 2013 results after the markets close on Thursday, February 27, 2014.
Pason Chairman Closes Previously Announced Monetization Transaction
FOR IMMEDIATE RELEASE
CALGARY, Alberta (December 2, 2013) – Pason Systems Inc. (TSX: PSI) announces that Mr. James D. Hill, Chairman of the Board, has elected to close a certain monetization transaction that was previously announced by settling the transaction in shares. As disclosed in the news release issued on November 30, 2011, Mr. Hill entered into a transaction to monetize 1.5 million PSI shares with a Canadian chartered bank, which involved forward contracts with that bank. That transaction comes due on December 2, 2013, requiring Mr. Hill to settle in cash or settle by releasing the 1.5 million shares that were pledged as collateral under the monetization transaction. Mr. Hill has advised Pason and the bank that he intends to settle the transaction with the pledged shares previously delivered to the bank as collateral.
Pason Modernizes its By-Law and Amends Code of Conduct and Ethics
FOR IMMEDIATE RELEASE
CALGARY, Alberta (November 8, 2013) Pason Systems Inc. (TSX: PSI) (the “Corporation”) announces that its board of directors has adopted certain by-law amendments, including an advance notice requirement and a number of other housekeeping and modernization amendments. The Corporation also announces amendments to its Code of Conduct and Ethics driven by recent legislative amendmentsand the Corporation’s new anti-corruption program.
Pason Systems Inc. Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (November 4, 2013) – Pason Systems Inc. (PSI.TO). The Board of Directors of Pason Systems Inc. (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) today declared a quarterly dividend of fourteen cents (C$0.14) per share on the Company’s common shares. The dividend will be paid on January 2, 2014 to shareholders of record at the close of business on December 16, 2013.
Pason Reports Third Quarter 2013 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (November 4, 2013) – Pason Systems Inc. (PSI.TO) announced today its 2013 third quarter results.
Pason to Release Third Quarter 2013 Results On November 4, 2013
FOR IMMEDIATE RELEASE
Calgary, Alberta (September 9, 2013) - Pason Systems Inc. (PSI.TO) intends to release its Third Quarter 2013 results after the markets close on Monday, November 4, 2013.
Pason Reports Second Quarter 2013 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (August 2, 2013) – Pason Systems Inc. (PSI.TO) announced today its 2013 second quarter results.
Pason Systems Inc. Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (August 2, 2013) – Pason Systems Inc. (PSI.TO). The Board of Directors of Pason Systems Inc. (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) today declared a quarterly dividend of thirteen cents (C$0.13) per share on the Company’s common shares. The dividend will be paid on October 1, 2013 to shareholders of record at the close of business on September 16, 2013. The Board of Directors approved, in November 2012, a change to the Company’s dividend policy whereby beginning in 2013 the Company would adopt a quarterly dividend to replace the semi-annual dividend.
Pason Systems Inc. Announces Delay in Release of Second Quarter Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (August 1, 2013) – Pason Systems Inc. (PSI.TO) announces that the release of its second quarter results will be delayed until after the markets close on Friday, August 2, 2013.
Pason to Appeal Decision from Canadian Court in AutoDriller Litigation
FOR IMMEDIATE RELEASE
CALGARY, Alberta (July 9, 2013) – Following up on its July 5, 2013 press release, Pason Systems Inc. (TSX: PSI) (“Pason” or the “Company”) announced today that it will be filing an appeal with the Canadian Federal Court of Appeal of the judgment released by the Federal Court of Canada, Trial Division, on July 5, 2013 regarding the Company’s AutoDriller product (the “AutoDriller”). After reviewing the lengthy and complex judgment, management has decided to pursue several issues on appeal, including the damages calculations endorsed by the Trial Judge.
Decision from Canadian Court in AutoDriller Litigation
FOR IMMEDIATE RELEASE
CALGARY, Alberta (July 5, 2013) – Pason Systems Inc. (TSX: PSI) (“Pason” or the “Company”) announced today that a judgment against Pason has been issued from the Federal Court of Canada, Trial Division in the ongoing patent dispute with the Company’s primary competitor around Pason’s automatic driller product (the “AutoDriller”).
Pason Donates Funds to Calgary Foundation to Support Flood Relief Efforts
FOR IMMEDIATE RELEASE
CALGARY, Alberta (July 4, 2013) – Pason Systems Inc. (TSX: PSI) is donating $100,000 to the Calgary Foundation to support their flood relief program, and is matching employee donations to the Foundation up to another $100,000. Additionally, Pason is facilitating volunteer efforts for employees to actively assist residents in flood impacted areas with remediation work.
Pason to Release Second Quarter 2013 Results on August 1, 2013
FOR IMMEDIATE RELEASE
Calgary, Alberta (June 19, 2013) - Pason Systems Inc. (PSI.TO) intends to release its second quarter 2013 results after the markets close on Thursday, August 1, 2013.
Pason Systems Inc. Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (May 1, 2013) – Pason Systems Inc. (PSI.TO). The Board of Directors of Pason Systems Inc. (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) today declared a quarterly dividend of thirteen cents (C$0.13) per share on the Company’s common shares. The dividend will be paid on July 2, 2013 to shareholders of record at the close of business on June 14, 2013. The Board of Directors approved, in November 2012, a change to the Company’s dividend policy whereby beginning in 2013 the Company would adopt a quarterly dividend to replace the semi-annual dividend.
Pason Reports First Quarter 2013 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (May 1, 2013) – Pason Systems Inc. (PSI.TO) announced today its 2013 first quarter results.
Pason to Release First Quarter 2013 Results On May 1, 2013
FOR IMMEDIATE RELEASE
Calgary, Alberta (March 19, 2013) - Pason Systems Inc. (PSI.TO) intends to release its first quarter 2013 results after the markets close on Wednesday, May 1, 2013.
Pason Reports Fourth Quarter and Year End 2012 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (February 21, 2013) – Pason Systems Inc. (PSI.TO) announced today its 2012 fourth quarter and year end results.
Pason Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (February 21, 2013) – Pason Systems Inc. (PSI.TO). The Board of Directors of Pason Systems Inc. (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) today declared a quarterly dividend of thirteen cents (C$0.13) per share on the Company’s common shares. The dividend will be paid on April 1, 2013 to shareholders of record at the close of business on March 15, 2013. The Board of Directors approved, in November 2012, a change to the Company’s dividend policy whereby beginning in 2013 the Company would adopt a quarterly dividend to replace the semi-annual dividend.
Pason to Release Q4 and Year-End 2012 Results on February 21, 2013
FOR IMMEDIATE RELEASE
Calgary, Alberta (January 8, 2013) - Pason Systems Inc. (TSX:PSI) intends to release its fourth quarter and year-end 2012 results after the markets close on Thursday, February 21, 2013.