05/11/2012 May 11, 2012 – $25.0 Ml. U.S. Revolving Senior Secured Line of Credit Facility with a four year term – Interest rate of one month LIBOR plus 325 bps; no scheduled principal payments – Approximately $13.2 Ml. U.S. is expected to be funded at closing leaving $11.8 Ml. undrawn and available, subject to applicable…
05/07/2012 May 7, 2012 – Total revenues for the three months ended March 31, 2012 were $4.0 Ml., an increase of $2.9 Ml. or 263% compared to 2011. – Including the revenues of the equipment rental business for the first quarter of 2011 even though Texada did not own this business at that time, the…
04/24/2012 April 24, 2012 – Total revenues for 2011 were $7.7 Ml. compared to $4.5 Ml. in 2010. Net earnings for the year were $1.7 Ml. compared to net earnings of $0.28 Ml. in 2010. – Acquired the operating assets of Rolls High Reach (“Rolls”), a four location, Southern California based equipment rental operation –…