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Tornado’s CustomVac Division Enters Private Label Manufacturing Agreement With Ascend Hydrovacs
Globenewswire· 2025-06-26 19:30
CALGARY, Alberta, June 26, 2025 (GLOBE NEWSWIRE) -- Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), through its wholly owned subsidiary Custom Vacuum Services Ltd. (“CustomVac”), is pleased to announce that it has entered into a private label manufacturing agreement (“Supply Agreement”) with Ascend Hydrovacs Inc. (“Ascend”), a respected brand in the Canadian hydrovac market. Under this Supply Agreement, CustomVac will manufacture purpose-built, 13-yard tipping ...
Tornado Infrastructure Equipment Reports First Quarter 2025 Results
Globenewswire· 2025-05-28 05:27
Net Income Increased by 17.3% Compared to Q1/2024CALGARY, Alberta, May 27, 2025 (GLOBE NEWSWIRE) -- Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its unaudited condensed consolidated financial results for the three months period ended March 31, 2025. The unaudited condensed consolidated financial statements and related management discussion and analysis are available on the Company’s issuer profile in Canada on SEDAR+ at www.sedarplus.com, in th ...
Tornado Announces Stock Option Grant
Globenewswire· 2025-05-21 07:31
CALGARY, Alberta, May 20, 2025 (GLOBE NEWSWIRE) -- Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), a leading manufacturer of specialized infrastructure and excavation equipment, announces that, pursuant to the terms of its stock option plan, as amended, it has granted incentive stock options for the purchase of up to 500,000 common shares of the Company effective May 20, 2025, to a key employee. All the stock options have an exercise price of $1.71 per share an ...
Tornado Completes Strategic Acquisition of CustomVac and Amends TD Credit Facility
Globenewswire· 2025-05-16 04:12
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), a leading manufacturer of specialized infrastructure and excavation equipment, is pleased to announce the closing of the acquisition (the “Acquisition”) of all the issued and outstanding shares in the capital of Custom Vacuum Services Ltd. (“CustomVac”) from 2624795 Alberta Ltd., an arm’s length party (the “Vendor”), pursuant to a share purchase agreement signed a ...
Tornado Infrastructure Equipment Reports Record 2024 Results
Globenewswire· 2025-04-28 19:30
Net Income Per Share (diluted) Increased by 37.7% Compared to 2023CALGARY, Alberta, April 28, 2025 (GLOBE NEWSWIRE) -- Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its audited consolidated financial results for the year ended December 31, 2024, with comparisons to last year. The audited consolidated financial statements and related management discussion and analysis are available on the Company’s issuer profile in Canada on SEDAR+ at www.sedarp ...