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Last C$0.08 CAD
Change Today +0.015 / 25.00%
Volume 38.5K
As of 3:59 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

nordex explosives ltd (NXX) Snapshot

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52 Week High
09/26/14 - C$0.45
52 Week Low
08/26/15 - C$0.06
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nordex explosives ltd (NXX) Details

Nordex Explosives Ltd. develops, manufactures, and resells explosives for the mining, quarry, and road construction industries. The company offers booster sensitive emulsion, as well as detonator sensitive emulsion products, as well as surface and underground bulk emulsion products; and packaged and bulk ammonium nitrate products for use as blasting agents. It also provides perimeter control products, including Econotrim Buttbuster, a semi-rigid coiled charge for charging of perimeter boreholes in underground mines; and Trace-It system for tracing of Anfo with detonating cord. In addition, the company offers electric, non-electric, and electronic detonators; and cast boosters. Nordex Explosives Ltd. was incorporated in 1970 and is headquartered Kirkland Lake, Canada.

Founded in 1970

nordex explosives ltd (NXX) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$180.0K
Compensation as of Fiscal Year 2014.

nordex explosives ltd (NXX) Key Developments

Nordex Explosives Ltd. Announces Financial Results for the First Quarter Ended March 31, 2015

Nordex Explosives Ltd. announced financial results for the first quarter ended March 31, 2015. For the quarter the company reported revenue of $4,287,224 compared to $5,330,559 for the comparative period ending March 31, 2014. The difference in revenue was attributable to ongoing transitions in operations of significant mining clients during the current quarter, as well as a non-recurring one-time product sale in first quarter of 2014. Net loss of $303,085 was primarily attributable to increases in core raw materials costs and foreign exchange losses.

Nordex Explosives Ltd. Announces Executive Changes

Nordex Explosives Ltd. announced the appointment of Sean Conroy to the position of Chief Financial Officer, effective immediately. Thomas Gannon, the former Chief Financial Officer, has submitted his resignation in order to devote additional time to his busy accounting practice. Mr. Conroy has held the position of Vice President of Finance since February, 2015 and previously held the position of Controller.

Nordex Explosives Ltd., Annual General Meeting, Jun 25, 2015

Nordex Explosives Ltd., Annual General Meeting, Jun 25, 2015., at 12:00 US Eastern Standard Time. Location: Northern College - Room A102. Agenda: To receive the consolidated financial statements of the corporation for the fiscal year ended December 31, 2014, together with the report of auditors thereon; to elect the directors of the Corporation; to appoint the auditors of the Corporation and to authorize the directors to fix their remuneration; to consider, stock option plan from a "fixed number" plan to a "rolling number" plan in accordance with the policies of the TSX Venture Exchange; to consider, and if deemed advisable, to approve an ordinary resolution to create a new "control person" of the Corporation, within the mean of such term in applicable TSX Venture Exchange policies; and to transact such further and other business as may properly come before the meeting or any adjournment thereof.


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