Voxcom to purchase shares for cancellation
EDMONTON, Alberta Ã¢â‚¬â€œ On Dec. 23, Voxcom Inc., based here, announced its intention to make a normal course issuer bid through the Candian TSX Venture Exchange.
Voxcom has proposed to purchase, for cancellation, 250,000 common shares of the companyÃ¢â‚¬â„¢s stock.
This stock purchase bid represents 4.67 percent of the issued and outstanding stock. According to company officials, Voxcom is taking this action to provide additional liquidity. The company believes the common shares have been trading at a price that does not truly reflect their value.
Microtec Enterprises renews credit facility
SAINT-AUGUSTIN, Quebec - Microtec Enterprises Inc., based here, has announced that it has increased its borrowing capacity for 2003.
In December 2002, the company announced it renewed its credit facility for $57.5 million, bringing its total borrowing capacity to $72.5 million.
Microtec will work with a loan syndicate made up of GE Capital Canada Equipment Financing, the Bank of Montreal and the National City Bank, Canada branch.
With a current outstanding debt of $66 million, company officials said the additional funds would be used to support MicrotecÃ¢â‚¬â„¢s business plan.
New web options for Pro One customers
TOPEKA, Kan. - Protection One has announced two new upgrades to its consumer website.
Now customers have the ability to securely access, review, and pay their monthlyÃ‚Â billsÃ‚Â onlineÃ‚Â at www.protectionone.com. Customers can schedule payments from a credit card, checking, savings or money market account.
The company has also launched a Spanish-language version of its website to serve Protection OneÃ¢â‚¬â„¢s Spanish-speaking customers.