MISSISSAUGA, ON / ACCESSWIRE / May 31, 2021 / Redishred Capital Corp. ("Redishred") (TSXV:KUT) has granted options to certain non-management Directors of the Company. Non-management Directors can elect
MISSISSAUGA, ON / ACCESSWIRE / May 26, 2021 / Redishred Capital Corp. (TSXV:KUT) Quarterly Earnings Call: 8:15am EST, May 27, 2021, Participant call in number is 1-800-319-4610 First Quarter Highlights:
Redishred Capital Corp.: RediShred Capital Corp. Announces the Acquisition of Proshred Richmond
MISSISSAUGA, ON / ACCESSWIRE / May 3, 2021 / Redishred Capital Corp ( Redishred or Company ) (TSXV:KUT) announces the completion of the acquisition of the Proshred Richmond business from its franchisee located in Richmond, Virginia, effective May 1, 2021. The Richmond location earned approximately $870,000 USD in revenue during the fiscal year 2020 ($1,025,000 USD - 2019) and currently operates 4 trucks in the Richmond market.
The purchase price of the acquisition was $1.475 million USD of which the Company paid $1.075 million in cash on closing. The remaining consideration was in the form of an earnout provision tied to attaining financial metrics.
Call In Number: 1-800-319-4610
The purpose of the call is to review the Company s 4
th quarter and fiscal 2020 financial performance and to provide a brief COVID19 update. Time has been allotted for a question-and-answer session.
Mr. Hasham and Mrs. Pawluk look forward to updating the shareholders and the investment community on the Company s results.
Financial Statements
Redishred s December 31, 2020 Financial Statements, Notes and Management s Discussion and Analysis will be available at www.sedar.com and www.redishred.com.
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