FGE.TO - Fortress Global Enterprises Inc.

Toronto - Toronto Delayed Price. Currency in CAD
0.3800
-0.0150 (-3.80%)
At close: 2:11PM EDT
Stock chart is not supported by your current browser
Previous Close0.3950
Open0.3900
Bid0.3750 x 0
Ask0.4200 x 0
Day's Range0.3800 - 0.3900
52 Week Range0.3800 - 3.4400
Volume4,515
Avg. Volume23,942
Market Cap5.689M
Beta (3Y Monthly)0.63
PE Ratio (TTM)N/A
EPS (TTM)-2.6930
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est17.94
  • CNW Group13 hours ago

    Fortress Receives Multi-Year Moratorium on Investissment Québec Loan

    VANCOUVER , June 17, 2019 /CNW/ - Fortress Global Enterprises Inc. ("Fortress" or the "Company") is pleased to announce that it has been granted a multi-year moratorium on upcoming principal and interest payments by Investissement Québec ("IQ") under IQ's outstanding loan (the "IQ Loan"). Fortress has received, without penalty, a postponement of approximately $45 million in principal and interest payments under the IQ Loan from June 30, 2019 to December 31, 2021 . Interest payments during this period will be deferred and capitalized and the maturity date of the IQ Loan has been extended by five years to December 31, 2031 .

  • CNW Group20 days ago

    Fortress Global Enterprises Inc. Announces Voting Results for its 2019 Annual General and Special Meeting of Shareholders

    Fortress Global Enterprises Inc. Announces Voting Results for its 2019 Annual General and Special Meeting of Shareholders

  • CNW Grouplast month

    Fortress Global Enterprises Reports First Quarter 2019 Results

    "Mill stability continued to improve, however, due to a combination of factors, such as unusual multiple  region-wide electrical outages as well as extreme weather conditions in excess of normal seasonal patterns, operating results in the first quarter and April of 2019 did not carryforward the positive momentum from the prior three quarters.  However, as we begin the seasonally more productive months, we will be continuing our progress for the remainder of 2019.  Repairs and upgrades to the regional grid have been completed in response to the outages.  Important cooking process knowledge was gained during a difficult first quarter which will ensure the winter issues are mitigated and throughput increased under diverse conditions.

  • CNW Group2 months ago

    Fortress Global Enterprises Inc. to Release First Quarter 2019 Earnings

    Fortress Global Enterprises Inc. to Release First Quarter 2019 Earnings

  • If You Had Bought Fortress Global Enterprises (TSE:FGE) Stock Three Years Ago, You'd Be Sitting On A 71% Loss, Today
    Simply Wall St.2 months ago

    If You Had Bought Fortress Global Enterprises (TSE:FGE) Stock Three Years Ago, You'd Be Sitting On A 71% Loss, Today

    This week we saw the Fortress Global Enterprises Inc. (TSE:FGE) share price climb by 16%. But only the myopic could ignore the astounding decline over three years. The share price has sunk like a leaky ship, down 71% in th...

  • CNW Group2 months ago

    Fortress Secures Additional Federal Government Support for Planned Bioproducts Demonstration Project

    VANCOUVER , April 8, 2019 /CNW/ - Fortress Global Enterprises Inc. ("Fortress" or the "Company") is pleased to announce that, further to its news release of July 11, 2018 , its wholly-owned subsidiary, Fortress Xylitol Inc., has now entered into a definitive contribution agreement with Sustainable Development Technology Canada ("SDTC") whereby SDTC has committed $10.4 million in contribution funding to support the planned construction and operation of a xylitol and complementary bioproducts demonstration plant at Fortress' dissolving pulp mill in Thurso , Québec (the "Demonstration Plant Project"). This funding from SDTC is in addition to the $10 million grant from Natural Resources Canada previously announced and the anticipated provincial investment and loan of up to $7 million previously announced by Fortress on July 11, 2018 that remains subject to completion of definitive documentation.

  • CNW Group3 months ago

    Fortress Global Enterprises Reports Fourth Quarter 2018 Results

    "Fortress Global Enterprises achieved significant improvements in fiscal 2018 when compared to the previous year.  Operating EBITDA from continuing operations increased by $12.7 million and total improvement, excluding the Bioproducts segment, was $14.4 million .  Progress was made in productivity, reliability, and quality all while managing a baseline capital expenditure program, leading to our second highest EBITDA total for a fourth quarter.  Our people were the key drivers of performance gains, a direct result of the formal leadership program initiated in 2018 to drive operational improvements.

  • CNW Group3 months ago

    Fortress Global Enterprises Inc. to Release Fourth Quarter 2018 Earnings

    Fortress Global Enterprises Inc. to Release Fourth Quarter 2018 Earnings

  • CNW Group4 months ago

    Fortress secures federal government support for planned bioproducts demonstration project

    VANCOUVER , Feb. 6, 2019 /CNW/ - Fortress Global Enterprises Inc. ("Fortress" or the "Company") is pleased to announce that its wholly-owned subsidiary, Fortress Xylitol Inc., has entered into a definitive contribution agreement with Natural Resources Canada ("NRCan") whereby NRCan has committed $10 million in contribution funding to support the planned construction of a xylitol and complementary bioproducts demonstration plant at Fortress' dissolving pulp mill in Thurso , Québec (the "Demonstration Plant").  This funding from NRCan is in addition to the anticipated federal and provincial investments, grants, and loans of up to $17.4 million previously announced by Fortress on July 11, 2018 that remain subject to completion of definitive documentation. The Demonstration Plant is intended to demonstrate technology for the co-production of value-added and sustainable bioproducts that can help transform the mill into a biorefinery.

  • Do Institutions Own Fortress Global Enterprises Inc. (TSE:FGE) Shares?
    Simply Wall St.5 months ago

    Do Institutions Own Fortress Global Enterprises Inc. (TSE:FGE) Shares?

    If you want to know who really controls Fortress Global Enterprises Inc. (TSE:FGE), then you'll have to look at the makeup of its share registry. Institutions will often hold stock Read More...

  • CNW Group6 months ago

    Fortress Global Licenses Mondelēz Xylitol Technology

    VANCOUVER , Dec. 11, 2018 /CNW/ - Fortress Global Enterprises Inc. ("Fortress Global") (TSX:FGE) (OTCQX:FTPLF) is pleased to announce that it has entered, through its wholly owned subsidiary, Fortress Advanced Bioproducts Inc. ("FortressAB"), into a Technology License and Collaboration Agreement (the "License Agreement") with  Mondelēz International, Inc. ("Mondelēz") (NASDAQ:MDLZ), one of the world's largest snacking companies. Pursuant to the terms of the License Agreement, Mondelēz has agreed to grant an exclusive worldwide license to FortressAB to use its sugar-based bioproduct manufacturing technology that was jointly developed by Mondelēz and S2G Biochemicals Inc. ("S2G"). Fortress Global acquired S2G in March of 2018 and established FortressAB to commercialize the licensed technology.

  • CNW Group7 months ago

    Fortress Global Enterprises Reports Third Quarter 2018 Results and Management Transition

    Fortress Global Enterprises Inc. ("Fortress Global Enterprises" or the "Company") (FGE.TO) (FTPLF) reported 2018 third quarter operating EBITDA from continuing operations of $7.5 million compared to operating EBITDA from continuing operations of $2.7 million in the previous quarter and operating EBITDA loss from continuing operations of $1.6 million in the prior year comparative period.  The Dissolving Pulp Segment generated operating EBITDA of $9.0 million and the Bio-Products Segment generated operating EBITDA loss of $0.4 million .

  • CNW Group8 months ago

    Fortress Global Enterprises Inc. to Release Third Quarter 2018 Earnings

    Fortress Global Enterprises Inc. to Release Third Quarter 2018 Earnings

  • CNW Group9 months ago

    Fortress Global Enterprises Announces Approval of Amendments to its 7.0% Convertible Debentures Due 2019

    VANCOUVER , Oct. 1, 2018 /CNW/ - Fortress Global Enterprises Inc. ("Fortress Global" or the "Company") (TSX: FGE) (OTCQX: FTPLF) is pleased to announce that holders (the "Debentureholders") of its 7.0% convertible unsecured subordinated debentures due December 31, 2019 (the "Debentures") (TSX: FGE.DB.A) passed, at a meeting of Debentureholders held today, an extraordinary resolution approving certain amendments to the indenture governing the Debentures as more particularly summarized in the Company's news release dated September 30, 2018 . The Debentures will be renamed "9.75% Convertible Unsecured Debentures", and will trade under the same trading symbol and bear the same CUSIP number as the original Debentures.

  • CNW Group9 months ago

    Fortress Global Enterprises Provides Enhanced Terms to Proposed Debenture Amendments and Extends Consent Fee Deadline

    VANCOUVER , Sept. 30, 2018 /CNW/ - Fortress Global Enterprises Inc. ("Fortress Global" or the "Company") (TSX: FGE) (OTCQX: FTPLF) announced today that it has provided enhanced terms to the amendments to the 7.0% convertible unsecured subordinated debentures of the Company due December 31, 2019 (the "Debentures") (TSX: FGE.DB.A) to be considered at the meeting of holders of Debentures (the "Debentureholders") to be held on October 1, 2018 (the "Meeting"). Based on feedback from Debentureholders, the Company has announced revised terms to the originally proposed amendments.

  • CNW Group9 months ago

    Bondholders Announce Intention to Vote AGAINST Amendments to Debentures Issued by Fortress Global Enterprises Inc.

    Bondholders Announce Intention to Vote AGAINST Amendments to Debentures Issued by Fortress Global Enterprises Inc.

  • CNW Group9 months ago

    Fortress Global Enterprises Reminds Debentureholders to Vote Before the Consent Fee Deadline

    VANCOUVER , Sept. 20, 2018 /CNW/ - Fortress Global Enterprises Inc. ("Fortress Global" or the "Company") (TSX: FGE) (OTCQX: FTPLF) would like to remind holders (the "Debentureholders") of its 7.0% convertible unsecured subordinated debentures due December 31, 2019 (the "Debentures") (TSX: FGE.DB.A) that they have until 5:00 p.m. ( Vancouver time) on Monday, September 24, 2018 (the "Consent Deadline") to vote in favour of the extraordinary resolution to approve the proposed Debenture amendments (the "Amendments") to be eligible to receive a consent fee equal to 2% of the principal amount of Debentures held by such Debentureholders as at the record date for the meeting of Debentureholders to be held on October 1, 2018 (the "Meeting"). Debentureholders that do not vote in favour of the Amendments by the Consent Deadline will not be eligible to receive the consent fee, but will be bound by the Amendments if they become effective.

  • CNW Group9 months ago

    Leading Independent Proxy Advisory Firm, Glass Lewis, Recommends Fortress Global Debentureholders Vote For Proposed Debenture Amendments

    VANCOUVER , Sept. 10, 2018 /CNW/ - Fortress Global Enterprises Inc. ("Fortress Global" or the "Company") (TSX: FGE) (OTCQX: FTPLF) is pleased to announce that an independent proxy advisory firm, Glass Lewis & Co., LLC, has recommended that holders (the "Debentureholders") of Fortress Global's 7.0% convertible unsecured subordinated debentures due December 31, 2019 (the "Debentures") (TSX: FGE.DB.A), vote FOR the extraordinary resolution to approve the proposed Debenture amendments at the meeting of Debentureholders to be held on October 1, 2018 (the "Meeting"). Glass Lewis is a leading independent provider of proxy research who provides advice and voting recommendations to pension funds, investment managers, mutual funds and other institutional investors.

  • CNW Group10 months ago

    Fortress Global Enterprises Announces Proposal to Amend its 7.0% Convertible Unsecured Subordinated Debentures

    VANCOUVER , Aug. 28, 2018 /CNW/ - Fortress Global Enterprises Inc. ("Fortress Global" or the "Company") (TSX: FGE) (OTCQX: FTPLF) announced today that it will seek the approval of holders (the "Debentureholders") of its 7.0% convertible unsecured subordinated debentures due December 31, 2019 (the "Debentures") (TSX: FGE.DB.A) to amend certain terms of the Debentures at a meeting of Debentureholders to be held on October 1, 2018 (the "Meeting"). The proposed amendments (the "Amendments") to the Debentures will consist of extending the maturity date of the Debentures from December 31, 2019 to December 31, 2022 , and increasing the interest rate of the Debentures from 7.0% per annum to 8.0% per annum, effective January 1, 2019 (being the commencement of the next interest rate accrual period).

  • Who Really Owns Fortress Global Enterprises Inc (TSE:FGE)?
    Simply Wall St.10 months ago

    Who Really Owns Fortress Global Enterprises Inc (TSE:FGE)?

    In this analysis, my focus will be on developing a perspective on Fortress Global Enterprises Inc’s (TSE:FGE) latest ownership structure, a less discussed, but important factor. Ownership structure of aRead More...

  • CNW Group10 months ago

    Fortress Global Enterprises Reports Second Quarter 2018 Results

    Fortress Global Enterprises Inc. ("Fortress Global Enterprises" or the "Company") (FGE.TO) (FTPLF) reported 2018 second quarter operating EBITDA from continuing operations of $2.7 million compared to operating EBITDA loss from continuing operations of $1.4 million in the previous quarter and operating EBITDA from continuing operations of $1.5 million in the prior year comparative period.  The Dissolving Pulp Segment generated operating EBITDA of $4.2 million and the Bio-Products Segment generated operating EBITDA loss of $0.5 million .

  • CNW Group11 months ago

    Fortress Global Enterprises Inc. to Release Second Quarter 2018 Earnings

    Fortress Global Enterprises Inc. to Release Second Quarter 2018 Earnings

  • CNW Group11 months ago

    Fortress secures Federal and Quebec Government Support for Planned Xylitol Demonstration Project

    Fortress secures Federal and Quebec Government Support for Planned Xylitol Demonstration Project