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Last C$0.14 CAD
Change Today +0.01 / 7.41%
Volume 15.0K
XYL On Other Exchanges
As of 10:14 AM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

xylitol canada inc (XYL) Snapshot

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10/10/14 - C$0.26
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xylitol canada inc (XYL) Details

Xylitol Canada Inc. manufactures and sells food and pharmaceutical-grade xylitol products under the Xyla name for health and diabetic markets primarily in Canada and the United States. Xylitol is a natural sweetener. The company offers bulk xylitol, candies, mints, gum, lollipops, sauces, and jams, well as condiments, such as fruit spreads and ketchups. It also operates online stores. Xylitol Canada Inc. was founded in 2004 and is headquartered in Toronto, Canada.

Founded in 2004

xylitol canada inc (XYL) Top Compensated Officers

Chief Executive Officer, President and Non In...
Total Annual Compensation: C$175.0K
Chief Financial Officer
Total Annual Compensation: C$27.8K
Compensation as of Fiscal Year 2014.

xylitol canada inc (XYL) Key Developments

Xylitol Canada Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Xylitol Canada Inc. announced consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net loss of CAD 680,036 or CAD 0.007 per share on revenue of CAD 2,428,687 compared to net loss of CAD 846,330 or CAD 0.010 per share on revenue of CAD 1,967,028 reported in the same period last year. For the six months, the company reported net loss of CAD 1,849,763 or CAD 0.020 per share on revenue of CAD 4,346,394 compared to net loss of CAD 1,423,152 or CAD 0.016 per share on revenue of CAD 4,137,652 reported in the same period last year.

Xylitol Canada Provides Corporate Update on Xylose Plant Initiatives

Xylitol Canada Inc. announced that the company is entering its final phases of engineering for its planned xylose production facility. Xylitol Canada operates 2 business units that address the growing xylose and xylitol markets. Xylitol Canada’s consumer packaged goods division is based in Denver Colorado and has grown from under $500,000.00 in revenue in 2010. To over $8,600,000.00 in 2014. Xylitol Canada operates a 50,000 square foot xylitol facility where it produces and packages a full catalog of natural sugar free products, most notably its natural sugar alternatives. Currently, the company announced that its first commercial scale xylose plant is in advanced stage planning and development. In September 2014, Xylitol Canada appointed Roche Engineering to facilitate preliminary engineering of the Company’s first commercial plant. This plant initiative comes on the heels of 2 years of site specific trials and commercial negotiation with a key feedstock supplier. Process optimization has continued since the Roche appointment and recently culminated in commercial grade xylose samples being produced in early 2015. These xylose samples were distributed to prospective industry partners for evaluation and the quality was universally accepted as meeting or exceeding the high North American food grade specifications. Currently Xylitol Canada is completing preliminary engineering and is prepared to go to detailed engineering in October 2015. Working alongside Roche, a GANTT chart has been prepared that has Xylitol Canada breaking ground on this production facility in March of 2016 and tentatively completing the project in early first quarter 2017. As such, the Company recently appointed Dr. Anjana Meel to spearhead the project management.

Xylitol Canada Inc., Annual General Meeting, Sep 09, 2015

Xylitol Canada Inc., Annual General Meeting, Sep 09, 2015., at 03:00 Eastern Daylight. Location: The offices of Chitiz Pathak LLP, located at 320 Bay Street, Suite 1600. Agenda: To receive the audited consolidated financial statements of the Corporation for the year ended December 31, 2014 and the auditor's report thereon; to elect each of the directors for the ensuing year; to approve annually the Corporation's stock option plan; to appoint auditors for the ensuing year and to authorize the directors to fix the auditor's remuneration; and to transact such further and other business as may properly be brought before the meeting or any adjournment thereof.


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