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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hamilton Thorne Inc | TSXV:HTL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.45 | 1.40 | 1.48 | 0 | 01:00:00 |
Highlights
Michael Bruns, Chief Financial Officer stated, “We are extremely pleased that our senior lender continues to support Hamilton Thorne with this increased credit facility. These US$12.5 million total lines of credit provide us with operating flexibility to support our growth, and, in combination with the over US$19 million of cash on our balance sheet, allows us to continue to execute our acquisition program with a low cost of capital, while staying well within our current comfort level of debt.”
About Hamilton Thorne Ltd. (www.hamiltonthorne.ltd)
Hamilton Thorne is a leading global provider of precision instruments, consumables, software and services that reduce cost, increase productivity, improve results and enable breakthroughs in Assisted Reproductive Technologies (ART), research, and cell biology markets. Hamilton Thorne markets its products and services under the Hamilton Thorne, Gynemed, Planer, IVFtech, Embryotech Laboratories, and Tek-Event brands, through its growing sales force and distributors worldwide. Hamilton Thorne’s customer base consists of fertility clinics, university research centers, animal breeding facilities, pharmaceutical companies, biotechnology companies, and other commercial and academic research establishments.
Neither the TSX Venture Exchange, nor its regulation services provider (as that term is defined in the policies of the exchange), accepts responsibility for the adequacy or accuracy of this release.
Certain information in this press release may contain forward-looking statements, including, without limitation, with respect to the projected impact of the transaction on the Company's revenue and future earnings. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are available at www.sedar.com.
For more information, please contact:
David Wolf, President & CEO Hamilton Thorne Ltd. 978-921-2050ir@hamiltonthorne.ltd | Michael Bruns, CFOHamilton Thorne Ltd. 978-921-2050ir@hamiltonthorne.ltd | Glen AkselrodBristol Investor Relations416-737-4467glen@bristolir.com |
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