Articles from Mattr Corp.

TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today in accordance with Toronto Stock Exchange requirements, the voting results from its Annual Meeting held May 15, 2025 in Toronto, Ontario.

TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three months ended March 31, 2025. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (“MD&A”) and interim consolidated financial statements for the three months ended March 31, 2025, which are available on the Company’s website and at www.sedarplus.com.

TORONTO, April 10, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today in connection with the filing of its Management Proxy Circular (the “Circular”), that it will be hosting its Annual Meeting (“Meeting”) on May 15, 2025 at 2:00pm EDT. The Company will be conducting an administrative-only Meeting, held in a hybrid meeting format which can be accessed via live webcast at: https://meetings.lumiconnect.com/400-728-282-283 or in person in the Rouge Room at the Marriott Markham, 170 Enterprise Blvd., Markham, Ontario. Registered shareholders will have the opportunity to attend, ask questions and vote at the Meeting in real time through the live webcast or in person. Shareholders are encouraged to vote prior to the meeting using one of the methods described in the Circular, the form of proxy or other materials provided by an intermediary. Registered shareholders may also submit questions in advance of the meeting to meghan.maceachern@mattr.com.

TORONTO, March 13, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three and twelve months ended December 31, 2024. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (“MD&A”) and audited consolidated financial statements for the years ended December 31, 2024 and 20231, which are available on the Company’s website and at www.sedarplus.com.

TORONTO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today its reporting schedule for its financial results and related conference calls. Financial results for the respective reporting periods are expected to be reported on the below dates, after the market closes for trading on the TSX. A conference call/webcast to discuss results from the respective reporting periods will be held on the below dates at 9:00am ET.

TORONTO, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has closed its previously announced acquisition of AmerCable Incorporated (“AmerCable”) [see press release], which now forms part of Mattr’s Connection Technologies reporting segment. Under the terms of the transaction, Mattr has acquired all of the outstanding shares of AmerCable from Nexans USA Inc. (“Nexans”) (EPA:NEX) for a purchase price of US$280M.

TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”), applicable to Mattr’s previously announced agreement to acquire AmerCable Incorporated (“AmerCable”), has expired. With the regulatory approval under the HSR Act secured (“HSR Approval”), Mattr expects the balance of the conditions to closing of this transaction to be achievable within a timeline which will permit completion of the transaction on or about January 2, 2025. Under the terms of the contemplated transaction, upon closing, Mattr will acquire all of the outstanding shares of AmerCable from Nexans USA Inc. (EPA:NEX) for a purchase price of US$280M.

TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) confirmed today that it has successfully closed its previously announced private offering (the “Offering”) of debt subscription receipts (the “Subscription Receipts”) for aggregate gross proceeds of approximately $129.3 million. The Offering proceeds, less the underwriters’ fee and expenses, are being held in escrow pending the satisfaction or waiver of certain conditions, following which, the Subscription Receipts will convert into Notes, as described below.

Mattr provides the following correction to the press release issued earlier today, December 6, 2024, which stated that the yield to maturity on the 125,000 Subscription Receipts, as defined below, to be issued pursuant to the private placement offering is 6.375%. Such yield to maturity for each Subscription Receipt should read 6.735%.

TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) --  Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has entered into an underwriting agreement to sell, pursuant to a private placement offering (the “Offering”), 125,000 debt subscription receipts (the “Subscription Receipts”) at a price of $1,018.75 per Subscription Receipt (yield to maturity of 6.375%), plus accrued but unpaid interest on the underlying Note (as defined below) from October 2, 2024 to, but excluding the closing of the Offering, for an aggregate issue price of $1,034 and gross proceeds to the Company of approximately $129.3 million. Each Subscription Receipt will entitle the holder thereof to receive, upon the satisfaction of certain conditions and without payment of additional consideration or further action, a newly authenticated 7.25% senior unsecured note of the Company due April 2, 2031, in a principal amount of $1,000 (collectively for all Subscription Receipts, the “Notes”). The Notes shall be issued as “Additional Notes” pursuant to the trust indenture dated April 2, 2024 between TSX Trust Company and the Company, as supplemented by a supplemental indenture, such that, following the issuance thereof, $300 million aggregate principal amount of 7.25% senior unsecured notes of the Company due April 2, 2031, will be outstanding.

TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three and nine months ended September 30, 2024. This press release should be read in conjunction with the Company’s management’s discussion and analysis (“MD&A”) and interim consolidated financial statements for the three and nine months ended September 30, 2024, which are available on the Company’s website at www.mattr.com and at www.sedarplus.ca.

TORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has agreed to acquire AmerCable Incorporated (“AmerCable”), a globally recognized U.S. manufacturer of highly engineered wire and cable solutions used in mission critical applications. Mattr, through its subsidiary, has entered into a definitive agreement to acquire all of the outstanding shares of AmerCable from Nexans USA Inc. (“Nexans”) (EPA: NEX) for a purchase price of US$280M, or approximately C$390M (the “Transaction”). This purchase price represents a multiple of approximately 5.0 times Adjusted EBITDA1 of the AmerCable business for the trailing twelve-month (“TTM”) period ended June 30, 2024. The Transaction is subject to customary closing conditions including U.S. anti-trust review and approval. Upon closing of the Transaction, which the Company anticipates will occur around year end, AmerCable will be incorporated into Mattr’s Connection Technologies reporting segment and will position the Company as one of the premier, custom engineered cable manufacturers in North America.

TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced Mike Reeves, President & CEO and Tom Holloway, SVP Finance & CFO will present at the Southwest IDEAS Investor Conference on Wednesday November 20, 2024 at The Statler in Dallas, TX. Mattr’s presentation is scheduled to begin at 8:35am CT. The presentation is webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's website: http://www.mattr.com.

TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it expects to report its financial results for the period ended September 30th, 2024 on Wednesday, November 13th, 2024 after the market closes for trading on the TSX.

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has entered into a definitive agreement to sell its subsidiary, Thermotite do Brazil (“Thermotite”), to Vallourec Tubular Solutions, a subsidiary of Vallourec S.A. (“Vallourec”) (EPA:VK). Thermotite provides thermal insulation pipe coating services to the offshore oil and gas industry from its plant in Serra, Brazil and is the Company’s final remaining pipe coating business.

TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has been included in the TSX30 for 2024. The Company ranked sixteenth on the list of top 30 performing stocks on the Toronto Stock Exchange, with a dividend-adjusted share price appreciation of 183% over the course of the last 3 years, which correlates to a 166% increase in market capitalization over the same time period. This is the second consecutive year that the Company has appeared on the list.

TORONTO, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced Mike Reeves, President & CEO and Tom Holloway, SVP Finance & CFO will present at the Midwest IDEAS Investor Conference on Wednesday August 28, 2024 at The Gwen in Chicago, IL. Mattr’s presentation is scheduled to begin at 11:30am CT. The presentation is webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://www.mattr.com.

TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three and six months ended June 30, 2024. This press release should be read in conjunction with the Company’s management’s discussion and analysis (“MD&A”) and interim consolidated financial statements for the three and six months ended June 30, 2024, which are available on the Company’s website at www.mattr.com and at www.sedarplus.ca.

TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it expects to report its financial results for the period ended June 30th, 2024 on Thursday, August 8th, 2024 after the market closes for trading on the TSX.

TORONTO, July 17, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has completed the establishment of two new state-of-the-art Composite Technologies manufacturing sites.

TORONTO, June 26, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for common shares of the Company (the “Common Shares”).

TORONTO, May 21, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today in accordance with Toronto Stock Exchange requirements, the voting results from its Annual Meeting held virtually on May 15, 2024.

TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three months ended March 31, 2024. This press release should be read in conjunction with the Company’s management’s discussion and analysis (“MD&A”) and interim consolidated financial statements for the three months ended March 31, 2024, which are available on the Company’s website at www.mattr.com and on SEDAR+ at www.sedarplus.ca.

TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced that it has successfully closed on its credit facility (the “Credit Facility”) with The Toronto-Dominion Bank and National Bank Financial Markets as Co-Lead Arrangers and Joint Bookrunners, and Royal Bank of Canada, JP Morgan Chase Bank, Export Development Canada and ATB Financial as lenders. The Credit Facility extends the US$300 million senior secured revolving facility through April 2028.

TORONTO, April 11, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today in connection with the filing of its Management Proxy Circular (the “Circular”), that it will be hosting its Annual Meeting (“Meeting”) on May 15, 2024 at 2pm EDT. The Company will be conducting an administrative-only Meeting, held in a virtual meeting format by way of live webcast at: www.web.lumiagm.com/471117652. Registered shareholders will have the opportunity to attend, ask questions and vote at the Meeting in real time through the live webcast. Shareholders are encouraged to vote prior to the meeting using one of the methods described in the Circular, the form of proxy or other materials provided by an intermediary. Registered shareholders may also submit questions in advance of the meeting to meghan.maceachern@mattr.com.

TORONTO, April 10, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it expects to report its financial results for the period ended March 31, 2024 on Tuesday, May 14th, 2024 after the market closes for trading on the TSX.

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) --  Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) confirmed today that it has successfully closed its previously announced private offering (the “Offering”) of C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the “Notes”). As previously stated, the Company will utilize proceeds of the Offering to fund the redemption of its outstanding 9.00% senior unsecured notes due 2026 (“2026 Notes”), to pay fees and expenses related to the Offering and for general corporate purposes.

TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has entered into an underwriting agreement to sell, pursuant to a private placement offering (the “Offering”), C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the “Notes”), which aggregate principal amount of notes was upsized from the initial deal size of C$150 million. The Notes will be issued at a price of C$1,000 per C$1,000 principal amount of Notes.

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three and twelve months ended December 31, 2023. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (“MD&A”) and audited consolidated financial statements for the years ended December 31, 2023 and 20221, which are available on the Company’s website and at www.sedarplus.com.

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it expects to report its financial results for the period ended December 31st, 2023 on Wednesday, March 13th, 2024 after the market closes for trading on the TSX.

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has changed its ticker symbol on its US over-the-counter (“OTC”) listing to ‘MTTRF’ (formerly SAWLF). The Company’s common shares will continue to trade on the TSX under the ticker symbol ‘MATR’.

TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) --  Mattr Corp. (formerly Shawcor Ltd.) (“Mattr” or the “Company”) (TSX: MATR) announced today that it has filed articles of amendment in accordance with the Canada Business Corporations Act and, effective today, completed its legal name change to Mattr Corp. pursuant to such filing (the “Name Change”).