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Avante Logixx Inc. (ALXXF)

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0.73150.0000 (0.00%)
At close: 2:19PM EDT
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Neutralpattern detected
Previous Close0.7315
Open0.7315
BidN/A x N/A
AskN/A x N/A
Day's Range0.7315 - 0.7315
52 Week Range0.5980 - 1.0020
Volume4,000
Avg. Volume1,663
Market Cap16.198M
Beta (5Y Monthly)1.11
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
  • GlobeNewswire

    Avante Logixx Inc. Appoints Jean Pierre Taillon as Strategic Advisor to the Board

    Not for distribution to U.S. news wire services or for dissemination in the United StatesTORONTO, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce that Mr. Jean Pierre Taillon has been appointed a Strategic Advisor to the Board of Directors effective October 19, 2020 until the Company’s next Annual General Meeting (“AGM”). Over the last year, the Board executed a comprehensive process to replace the two vacancies on the Board that arose in late 2019. This process extended beyond the deadline required to include the two replacements within the Company’s September 2020 AGM materials, and consequently the Company was not able to add Mr. Taillon to the proposed Director slate that was presented at the most recent AGM. Acting in conjunction with the Company’s bylaws and TSX Venture policies, for now Mr. Taillon has been appointed as a Strategic Advisor to the Board. Mr. Taillon has over 30 years of leadership experience in the security and telecommunications industries, including President and CEO of G4S Canada. He currently holds the role of Chief Commercial Officer and Senior Vice President of Sales at Trispec Communications Inc., a privately owned ICT engineering company supporting telecommunications and cable companies.Mr. Taillon is a seasoned executive leader who has held senior executive roles at AT&T Canada, Bell Canada, G4S Canada, and G4S UK and Ireland. He is an entrepreneurial and creative leader with direct and relevant industry experience globally.He also holds a Bachelor of Applied Science and Engineering and a Master of Engineering from the University of Toronto, and a Master of Business Administration from the University of Toronto’s Rotman School of Management.“I am very pleased to welcome Jean to the Company as a Strategic Advisor to our Board of Directors,” said Sam Duboc, Chair of the Board of Directors of Avante Logixx. “Jean is a welcome addition and brings a wealth of knowledge from previous roles in the security & telecommunications industries. I look forward to working with him as the Company continues to execute on its strategic vision of acquiring, managing and building industry leading security companies.”“I have always been quite impressed with the Quality and Customer Focus of Avante Logixx. I'm looking forward to being part of this strong team as we continue to build on an impressive foundation,” said Mr. Taillon.About Avante Logixx Inc.Avante Logixx Inc. (TSXV: XX) is a Toronto based provider of high-end security services. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we are taking steps to establish a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Please visit our website at www.avantelogixx.com and consider joining our investor email list.Avante Logixx Inc.Craig Campbell CEO (416) 923-6984 craig@avantelogixx.com

  • GlobeNewswire

    Avante Logixx Completes Divestiture of City Wide Locksmiths Inc.

    Avante Logixx Inc. (TSXV: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce the completion of the previously announced sale of Avante’s 70% ownership interest in City Wide Locksmiths Inc. (“City Wide”), which closed on September 30, 2020. The majority position of City Wide was originally acquired by Avante on April 1, 2016 under previous management’s strategy of “Own the Home.” Since acquisition, City Wide has contributed to Avante’s top and bottom line, provided access to many tightly controlled product lines, and generated cross selling opportunities between divisions.

  • GlobeNewswire

    Avante Logixx Inc. Announces Results Of Annual General Meeting

    Not for distribution to U.S. news wire services or for dissemination in the United StatesTORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its results of its annual general and special meeting of shareholders held on September 17, 2020 (the “Meeting”).The Company put forward the following resolutions to be voted on by shareholders at the Meeting: (i) the election of directors;  (ii) to appoint RSM Canada LLP as auditor of the Company for the 2021 fiscal year; (iii) the ratification of the Company’s Stock Option Plan; and (iv) a shareholder proposal. Resolutions (i) to (iii) were approved by shareholders. Resolution (iv) was not passed.A total of 10,047,482 Common Shares of the 21,192,004 Common Shares of the Company that were outstanding as at the record date were voted at the Meeting, representing 47.41% of the Common Shares.The results are as follows: Voted ForVoted Withhold Voted ForVoted Withhold 1\. Election of Directors      Samuel L. Duboc 10,031,062  15,500   99.846% 0.154% Carol Osler 10,031,062  15,500   99.846% 0.154% Craig Campbell 10,030,462  16,100   99.840% 0.160% Stewart Lyons 10,031,062  15,500   99.846% 0.154% Joseph Leeder 10,031,062  15,500   99.846% 0.154% 2\. Appointment of Auditor 10,031,982  15,500   99.846% 0.154%         Voted ForVoted Against Voted ForVoted Against 3\. Ratification of Stock Option Plan 7,622,416  2,424,146   75.871% 24.129% 4\. Shareholder Proposal 2,416,407  7,630,155   24.052% 75.948% Each of the directors elected at the Meeting, being Samuel L. Duboc, Carol Osler, Craig Campbell, Stewart Lyons, and Joseph Leeder will hold office until the next annual meeting of the Company or until their earlier resignation or removal.Further information with respect to the matters considered at the Meeting can be found in the management information circular dated August 17, 2020, which is available under Avante’s issuer profile at www.sedar.com. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities described herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release does not constitute an offer of securities for sale in the United States. The securities described herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements. About Avante Logixx Inc.Avante Logixx Inc. (TSXV: XX) is a Toronto based provider of high end security services. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we are taking steps to establish a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Please visit our website at www.avantelogixx.com and consider joining our investor email list.Avante Logixx Inc.Craig Campbell CEO (416) 923-6984 craig@avantelogixx.com