Sunday, August 24, 2025

Latest

Kontrol Energy Announces It Has The Intent Of Applying To List On The TSX

Kontrol Energy Corp (CSE: KNR) this morning announced that it has “authorized management to review the process” to move to both the Toronto Stock Exchange. If successful, the company then intends to begin the process of filing with the SEC to enable the company to apply to the Nasdaq.

Essentially, the company headlined the news that it has the “intention to begin the process of uplisting,” meaning the task is nowhere near being completed.

Unrelated to the future intentions of the company, Kontrol this morning also announced that it has seen its proposed name change approved, with the company expected to implement the name “Kontrol Technologies Corp” by the end of the year.

Also announced this morning by the company is the news that it has completed a debenture exchange. The exchange effectively saw debentures due in 2020 exchanged for debentures that come due on October 31, 2022. In total, $3.65 million worth of debentures were issued at an 8% interest rate, with each unit comprised of one debenture valued at $1,000, which is non convertible, along with 10 common shares of the company. $871,000 in new proceeds were raised in connection with the offering, while $2.1 million in 2020 debentures were redeemed in cash by the firm.

Kontrol Energy last traded at $3.80 on the CSE.


Information for this briefing was found via Sedar and Kontrol Energy Systems. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Equinox Gold Q2 Earnings: Back On Track

G Mining Q2 Earnings: Costing Gone Wild

Aya Gold Q2 Earnings: Production Slips Amid Ramp Up

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Kontrol Energy Gets ‘Positive Lab Results’ for COVID-19 Air Detection Product

Yesterday Kontrol Energy Corp (CSE:KNR) announced they received positive lab results for their live COVID-19...

Friday, September 11, 2020, 10:13:52 AM

Kontrol Technologies Receives $2.0 Million Investment From Ontario Government For BioCloud Rollout

Kontrol Technologies (CSE: KNR) has seen one of its subsidiaries, CEM Specialties, receive an investment...

Thursday, February 4, 2021, 10:44:24 AM

Kontrol Energy Files Four Patent Applications For BioCloud Tech

Kontrol Energy Corp (CSE: KNR) this morning announced that it has successfully filed four patents...

Monday, November 30, 2020, 08:51:34 AM

Kontrol Technologies Launches Share Buyback Program

Kontrol Technologies (CSE: KNR) last night announced that it intends to conduct a normal course...

Thursday, March 25, 2021, 08:04:02 AM

Kontrol Energy Enters Distribution Agreement With Grande West

Kontrol Energy (CSE: KNR) has entered yet another sales distribution agreement for its BioCloud devices,...

Tuesday, December 15, 2020, 08:01:58 AM