Tantalus Systems Holding Inc. Reports Financial Results for Q2 2021 Delivers 18th Consecutive Quarter of Positive Adjusted EBITDA
Burnaby, British Columbia--(Newsfile Corp. - August 16, 2021) - Smart grid technology leader Tantalus Systems Holding Inc. (TSX: GRID) ("Tantalus" or the "Company") today announced the financial results for the second quarter, ended June 30th, 2021. The Company witnessed favorable trends throughout Q2 as the utility industry continues to recover from disruptions resulting from the COVID-19 pandemic. The favorable trends translated into strong financial results for Q2 including revenue growth...
2021-08-16 4:01 PM EDT
Tantalus Closes C$10.6M Overnight Marketed Financing
Burnaby, British Columbia--(Newsfile Corp. - August 12, 2021) - Tantalus Systems Holding (TSX: GRID) (the "Company" or "Tantalus") today announces that the Company has closed its previously announced overnight marketed public offering by issuing 4,710,110 common shares at C$2.25 per share for gross proceeds of C$10.6M (the "Offering"), inclusive of 265,666 common shares issued pursuant to the partial exercise of the over-allotment option. Canaccord Genuity Corp. and Cormark Securities Inc....
2021-08-12 8:40 AM EDT
Tantalus to Present at Canaccord Genuity's 41st Annual Growth Conference
Burnaby, British Columbia--(Newsfile Corp. - August 6, 2021) - Tantalus Systems Holding Inc. (TSX: GRID) ("Tantalus" or the "Company") is pleased to announce that Peter Londa, President and CEO of Tantalus, will present at Canaccord Genuity's 41st Annual Growth Conference on Wednesday August 11th, 2021 at 3:00 pm ET. The investor presentation and a live webcast will be accessible on Tantalus' website under Resources, Events. A replay of the webcast will be available for 90 days following the...
2021-08-06 10:57 AM EDT
Tantalus Enters into License Agreement with Neptune Technology Group
Burnaby, British Columbia--(Newsfile Corp. - July 7, 2021) - Smart grid technology leader Tantalus Systems Holding (TSX: GRID) today announced a technology license agreement with Neptune Technology Group whereby the radio frequency protocol of Neptune's R900® System water endpoint will be integrated onto the Tantalus Utility Network (TUNet®). Tantalus and Neptune further agreed that Tantalus may now offer Neptune R900 water meter data collection and presentment of consumption data to...
2021-07-07 8:00 AM EDT
Tantalus Participates in Closing Ceremony at Toronto Stock Exchange
Burnaby, British Columbia--(Newsfile Corp. - May 28, 2021) - Tantalus Systems Holding Inc. (TSX: GRID) ("Tantalus" or the "Company"), a smart grid technology company, will be celebrating the Company's recent graduation to the TSX by virtually ringing the closing bell at the Toronto Stock Exchange today. "We truly appreciate the TMX Group including Tantalus in the closing ceremony of the TSX. Our graduation to the big board on May 10th marked another major milestone for our team as we continue...
2021-05-28 4:00 PM EDT
Tantalus Systems Holding Inc. Reports Strong Financial Results for Q1 2021
Burnaby, British Columbia--(Newsfile Corp. - May 17, 2021) - Smart grid technology leader Tantalus Systems Holding Inc. (TSX: GRID) ("Tantalus" or the "Company") today announced the financial results for the first quarter, ended March 31, 2021. "We witnessed favorable trends throughout Q1 as the utility industry continues to recover from disruptions resulting from the COVID-19 pandemic. The favorable trends translated into strong financial results for Q1 including revenue growth of 11%...
2021-05-17 5:00 PM EDT
Tantalus Graduates to the Toronto Stock Exchange
Burnaby, British Columbia--(Newsfile Corp. - May 10, 2021) - Smart grid technology leader Tantalus Systems (TSX: GRID) is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange (the "TSX"). Tantalus' shares will commence trading on the TSX at the opening on Monday, May 10, 2021 and will continue to trade under the Company's current stock ticker symbol, "GRID". To ensure continued and seamless trading for its shareholders and...
2021-05-10 7:52 AM EDT
Tantalus TRUEdge Intelligent Endpoint Module Receives Measurement Canada Certification with Landis+Gyr FOCUS AXe Residential Meter
Burnaby, British Columbia--(Newsfile Corp. - April 27, 2021) - Smart grid technology leader Tantalus Systems (TSXV: GRID) announced today the Measurement Canada certification of the Tantalus TRUEdge® Intelligent Endpoint Module with the Landis+Gyr FOCUS® AXe residential meter. The integrated meter and module are now available to the Canadian electric utility market. With this factory-integrated meter, utilities across Canada will be able to gain the benefit from Tantalus' proven TRUEdge...
2021-04-27 7:00 AM EDT
Tantalus Systems Holding Inc. Reports Strong Fourth Quarter & 2020 Year-End Results
Burnaby, British Columbia--(Newsfile Corp. - April 21, 2021) - Smart grid technology leader Tantalus Systems Holding Inc. (TSXV: GRID) ("Tantalus", "TSHI" or the "Company") today announced the financial results for its wholly-owned subsidiary, TSH Canada Inc. (formerly known as Tantalus Systems Holding Inc.), for the fourth quarter and fiscal year ended December 31, 2020. The Company also announced that the Toronto Stock Exchange ("TSX") has conditionally approved the listing of the Company's...
2021-04-21 8:42 AM EDT
Tantalus Announces Option Grant
Burnaby, British Columbia--(Newsfile Corp. - April 13, 2021) - Smart grid technology leader Tantalus Systems (TSXV: GRID) ("Tantalus" or the "Company") today announced that, in connection with its consulting agreement with Adelaide Capital ("Adelaide") to provide investor relations consulting services to the Company as previously announced on March 11, 2021, it has granted stock options to Adelaide to purchase up to 100,000 common shares at an exercise price of CND$2.17 (the "Options"). The...
2021-04-13 8:00 PM EDT
Tantalus Launches Data Analytics Solution for Community-Owned Utilities at the American Public Power Association Engineering and Operations Virtual Conference
Burnaby, British Columbia--(Newsfile Corp. - March 24, 2021) - Smart grid technology leader Tantalus Systems (TSXV: GRID) today launched TUNet® Grid Reliability Analytics, the company's first data-analytics solution purpose-built for community-owned utilities. The analytics solution leverages data from Tantalus' advanced metering infrastructure (AMI) to provide utilities with visibility into power quality issues that lead to outages and premature failure of devices deployed across the...
2021-03-24 7:50 AM EDT
Tantalus Announces Next-Generation Fiber-Connected Metering Solution
Norwalk, Connecticut--(Newsfile Corp. - March 18, 2021) - Smart grid technology leader, Tantalus Systems (TSXV: GRID) announced the introduction of the TRUSense™ Fiber Gateway, a next-generation Fiber-to-the-Home (FTTH) solution, at a hosted webinar attended by public power and electric cooperative utilities and select partners. As utilities continue to access available funding sources to better serve their communities through enhanced availability of broadband fiber networks, they are...
2021-03-18 9:57 AM EDT
Tantalus Systems Announces Publication of Thought Leadership Article: "Weathering the Storm: Lessons Learned from Texas"
Norwalk, Connecticut--(Newsfile Corp. - March 15, 2021) - Smart grid technology leader Tantalus Systems (TSXV: GRID) today announced the publication of a thought leadership article by Peter Londa, its President & CEO, looking at the underlying issues that contributed to the disruptive impact of the recent storm in Texas and offering practical guidance on how utilities can be better prepared for the next inevitable extreme weather event.
2021-03-15 9:00 AM EDT
Tantalus Announces Engagement of Adelaide Capital For Investor Relations and ITG for Market Making Services
Burnaby, British Columbia--(Newsfile Corp. - March 11, 2021) - Smart grid technology leader Tantalus Systems (TSXV: GRID) ("Tantalus" or the "Company") today announced that it has entered into a consulting agreement (the "Consulting Agreement") with Adelaide Capital ("Adelaide") to provide investor relations consulting services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (the "TSXV") and applicable legislation. Adelaide will work closely with...
2021-03-11 8:00 AM EST
Tantalus Provides Guidance on Strong Q4, 2020 Results
Burnaby, British Columbia--(Newsfile Corp. - March 8, 2021) - Smart grid technology leader Tantalus Systems (TSXV: GRID) today provided guidance regarding its Q4, 2020 results. Q4 ENDED DECEMBER 31, 2020 OVERVIEW GUIDANCE (unaudited): Based on preliminary results, Tantalus anticipates reporting Q4, 2020 revenue of US$9.0 million to US$9.5 million compared to US$10 million for the same period in 2019. While the overall revenue performance is lower year-over-year, the strong finish to 2020...
2021-03-08 7:00 AM EST
Tantalus Rings Opening Bell at Toronto Stock Exchange
Norwalk, Connecticut--(Newsfile Corp. - February 12, 2021) - Tantalus Systems Holding Inc. (TSXV: GRID) ("Tantalus" or the "Company"), a smart grid technology company, celebrated the Company's listing on the TSX Venture Exchange ("TSXV") by virtually ringing the opening bell at the Toronto Stock Exchange at 9:30 a.m. ET today. The Company's senior management, directors and other team members participated in the ceremony in recognition of the Company commencing trading on the TSXV on February...
2021-02-12 12:00 PM EST