Discovery Air News

29/12/17 12:35 PM
Toronto, ON – December 29, 2017 - Discovery Air Inc. (“Discovery Air”) (TSX: DA.DB.A) announced today that in connection with the recent ownership changes and stand-alone financing of Discovery Air Defence Services Inc. (“DA Defence”), Rod Phillips and Admiral Michael G. Mullen, USN (Ret.) have both agreed to serve as directors of DA Defence. Both have been key contributors to the Discovery Air board since they joine...
22/12/17 10:04 PM
Toronto, ON – December 22, 2017 – Discovery Air Inc. (“Discovery Air”) (TSX: DA.DB.A) announced today that Discovery Air Defence Services Inc. (“DA Defence”) closed an equity financing transaction with a large third party institutional investor, pursuant to which, among other things, such third party institutional investor purchased $25 million of common shares of DA Defence from Discovery Air. Discovery Air co...
19/12/17 1:02 PM
Toronto, ON – December 15, 2017 – Discovery Air Inc. (“Discovery Air” or the “Corporation”) (TSX: DA.DB.A) announced today that it has extended its operating credit facility with the Canadian Imperial Bank of Commerce (the "CIBC Operating Facility") for a term ending January 31, 2019 (which may be accelerated in certain circumstances).  Discovery Air Defence Services Inc. and its subsidiaries are...
15/12/17 2:25 PM
Toronto, ON – December 14, 2017 – Discovery Air Inc. (“Discovery Air”) (TSX: DA.DB.A) and Clairvest Group Inc. (“Clairvest”) (TSX: CVG) announced today that affiliates of Clairvest have exercised (i) the pre-existing optional conversion feature pursuant to the terms of outstanding credit facilities between, among others, affiliates of Clairvest, Discovery Air and Discovery Air Defence Services Inc. (“DA D...
13/12/17 5:11 AM
Toronto, ON, December 12, 2017 – Discovery Air Inc. (the “Corporation”) announced its financial and operating results for the quarter ended October 31, 2017.  The interim condensed consolidated financial statements and management discussion and analysis (“MD&A”) will be available on SEDAR at www.sedar.com and on the Corporation’s website at www.discoveryair.com.  Financial Highlights Consolidated ...

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