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Last C$0.05 CAD
Change Today 0.00 / 0.00%
Volume 34.0K
AAO On Other Exchanges
As of 9:37 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

augusta industries inc (AAO) Snapshot

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11/12/14 - C$0.18
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augusta industries inc (AAO) Details

Augusta Industries Inc., through its subsidiaries, engages in the design, development, manufacture, and supply of systems using fiber optic sensors, related monitoring instruments, and software in the United States, Canada, the Middle East, and internationally. It also provides support engineering services related to planning, training, on-site installation, and data interpretation and reporting to the oil and gas, power generation, chemical, mining, and civil structure market sectors. In addition, the company develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling, and process pressure and temperature; and FT fiber optic sensor monitoring systems that allow remote monitoring capabilities to enhance scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks. Further, it sells and distributes industrial machinery and equipment, such as cranes, derricks, diesel engines, conveyor systems, oil refining machines, packing machinery, industrial pumps, and welding machinery for energy sector and various United States Government entities. The company is headquartered in Oakville, Canada.

augusta industries inc (AAO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$165.0K
Chief Financial Officer
Total Annual Compensation: C$70.0K
Compensation as of Fiscal Year 2014.

augusta industries inc (AAO) Key Developments

Augusta Industries Inc., Annual General Meeting, Aug 25, 2015

Augusta Industries Inc., Annual General Meeting, Aug 25, 2015., at 10:00 US Eastern Standard Time. Location: Blaney McMurtry LLP. Agenda: To consider the audited financial statements for the fiscal year ended December 31, 2014 and the report of the auditors thereon; to elect each individual director who will comprise the board of directors for the upcoming year; to re-appoint the auditor; to consider and, if thought fit, to ratify the rolling 10% rolling stock option plan of the corporation; to consider and if thought fit, to approve an increase in the authorized capital of the corporation; and to transact any such other business as may be brought before the meeting or any adjournment thereof by or at the direction of the board of directors.

Augusta Industries Inc. Auditor Raises 'Going Concern' Doubt

Augusta Industries Inc. filed its Annual on May 04, 2015 for the period ending Dec 31, 2014. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Augusta Industries Inc. Announces Board Changes

Augusta Industries Inc. announced that Mr. Warren Goldberg, CPA, CA has been appointed to the corporation's board of directors and has also been appointed the chair of the audit committee. Mr. Goldberg is a chartered professional accountant and is a partner at Schwartz Levitsky Feldman LLP, Chartered Accountants in Toronto, Ontario, specializing in audit of public companies. The corporation also announced that Mr. Gerry Feldman has resigned as a director of the corporation. Mr. Feldman resigned in order to focus his attention on his other ventures and business interests.


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