ALUULA Announces Appointment of Sage Berryman as President
Victoria, British Columbia--(Newsfile Corp. - February 12, 2024) - ALUULA Composites Inc. (TSXV: AUUA) (the "Company" or "ALUULA") announces that it has appointed Sage Berryman as President of the Company. Ms. Berryman brings to ALUULA decades of executive experience, with 15 years in the C-Suite. She has a track record of building sustainable growth in organizations ranging from startups to those with over 400 employees. With deep capital markets expertise, she has played a key role in...
2024-02-12 6:00 AM EST
ALUULA Announces Short-Term Loan
Victoria, British Columbia--(Newsfile Corp. - January 3, 2024) - ALUULA Composites Inc. (TSXV: AUUA) (the "Company" or "ALUULA") announces that its wholly owned subsidiary, Aluula Composites Canada Inc., has entered into a short-term loan for $1,000,000 (the "Loan") from a non-arm's length party (the "Lender"). The Loan has an interest rate of 12% per annum and is due and payable on July 1, 2024. The Company intends to use the proceeds of the Loan for general working capital and corporate...
2024-01-03 5:00 PM EST
ALUULA Brand License Update Following ISPO Munich Trade Show
Victoria, British Columbia--(Newsfile Corp. - December 13, 2023) - ALUULA Composites Inc. (TSXV: AUUA) (the "Company" or "ALUULA") is pleased to provide the following update on new partners showcased at the recent ISPO trade show in Munich. Highlights: Showcased the recently announced Arc'teryx collaboration. Durston Gear announces winter launch of the Wapta 30 pack, making Durston the first outdoor brand to market with ALUULA. RockGeist announces ALUULA integration into its bike pack line...
2023-12-13 7:26 PM EST
ALUULA Composites Provides Corporate Update and Management Changes
Victoria, British Columbia--(Newsfile Corp. - November 15, 2023) - ALUULA Composites Inc. (TSXV: AUUA) (the "Company" or "ALUULA") is pleased to provide the following corporate update. With the financial year end recently completed, the team at ALUULA can report excellent progress across the key vertical markets and continued product innovation. Partnership expansion and innovation across key vertical markets To recap, ALUULA's strategy is to forge robust partnerships with top-tier brands and...
2023-11-15 6:59 PM EST
Arc'teryx Announces Partnership with ALUULA Composites
Victoria, British Columbia--(Newsfile Corp. - October 31, 2023) - Arc'teryx Equipment, the global design company specializing in technical high-performance outerwear and equipment, is excited to partner with composite materials manufacturer ALUULA Composites (TSXV: AUUA) to evolve Arc'teryx's product offering using new and innovative ultralight fabrics. With a shared commitment to creating high-performance products for outdoor athletes in extreme conditions, the close cultural alignment...
2023-10-31 8:15 PM EDT
ALUULA Appoints Interim Chief Financial Officer
Victoria, British Columbia--(Newsfile Corp. - October 24, 2023) - ALUULA Composites Inc. (TSXV: AUUA) (the "Company" or "ALUULA") today announced the appointment of Briony Bayer as the Company's interim Chief Financial Officer. Ms. Bayer is a qualified finance professional with 20 years experience in senior executive roles. Ms. Bayer was a founding shareholder, director and CFO of Bastion Square Partners Inc., a Capital Pool Company listed on the TSX Venture Exchange that completed its...
2023-10-24 4:15 PM EDT
ALUULA Announces Third Quarter 2023 Results and Management Change
Victoria, British Columbia--(Newsfile Corp. - September 28, 2023) - ALUULA Composites Inc. (TSXV: AUUA) (the "Company" or "ALUULA") today announced its financial results for the three-month period ended and nine-month period ended July 31, 2023 ("Q3 2023"). All currency amounts are listed in Canadian dollars. Q3 2023 Highlights: Completed bought deal and private placement for gross proceeds of approximately $3.6 million. Revenues for the third quarter and year to date 2023 were $2,174,595 and...
2023-09-28 7:21 PM EDT
ALUULA Introduces Recycle-Ready Composite Fabric to Sailing and Windsports Markets
Victoria, British Columbia--(Newsfile Corp. - July 27, 2023) - ALUULA Composites (TSXV: AUUA) an advanced materials technology firm and supplier to leading brands in windsports, sailing, outdoors, aerospace and more, is pleased to introduce a new generation of high-performance composite materials that are ultra-light, strong, and recycle-ready: Aeris & Aeris X. Using the same patented fusion process as their structural fabrics, ALUULA Aeris™ composites combine the unmatched strength to weight...
2023-07-27 9:00 AM EDT
ALUULA Announces Completion of $3.67M Bought Deal Financing
Victoria, British Columbia--(Newsfile Corp. - July 12, 2023) - ALUULA Composites Inc. (TSXV: AUUA) ("ALUULA"or the "Company") is pleased to announce that it has closed its previously announced bought deal brokered private placement, led by Haywood Securities Inc. ("Haywood"), consisting of a total of 24,489,953 units (the "Units"), including partial exercise of the over-allotment option, at a price of $0.15 per Unit (the "Issue Price") for aggregate gross proceeds to the Company of...
2023-07-12 1:02 PM EDT
ALUULA Announces Second Quarter 2023 Results and Product Update
Victoria, British Columbia--(Newsfile Corp. - June 29, 2023) - ALUULA Composites Inc. (TSXV: AUUA) (the "Company" or "ALUULA") today announced its financial results for the three month period ended ("Q2 2023") and six month period ended April 30, 2023. All currency amounts are listed in Canadian dollars. Q2 2023 Highlights: Completed the reverse takeover ("RTO") with Bastion Square Partners to enter the public capital markets, Achieved 34% quarter-on-quarter revenue growth over the three...
2023-06-29 5:45 PM EDT
Aluula Composites Inc. Announces Completion of Qualifying Transaction and $3 Million Financing
Victoria, British Columbia--(Newsfile Corp. - April 17, 2023) - Aluula Composites Inc. (TSXV: AUUA) (formerly Bastion Square Partners Inc.) (the "Company"), is pleased to announce that, further to its news release dated April 13, 2023, it has completed the acquisition (the "Transaction") of all of the issued and outstanding securities of Aluula Composites Inc. ("Old Aluula"). The Transaction constitutes the Company's "Qualifying Transaction", within the meaning of Policy 2.4 - Capital Pool...
2023-04-17 8:05 PM EDT
Bastion Square Receives TSX Venture Exchange Conditional Approval for Qualifying Transaction and Announces Additional Financing
Victoria, British Columbia--(Newsfile Corp. - April 13, 2023) - Bastion Square Partners Inc. (TSXV: BASQ.P) ("Bastion Square" or the "Company"), is pleased to provide an update regarding its Qualifying Transaction (the "Transaction") with ALUULA Composites Inc. ("ALUULA"), as previously announced on December 21, 2022 and February 22, 2023. ALUULA is a Canadian-based manufacturer of innovative soft composite materials that deliver extremely durable, light and strong composites to a wide range...
2023-04-13 8:00 AM EDT
Bastion Square Announces Additional Details on its Proposed Qualifying Transaction with ALUULA Composites Inc.
Victoria, British Columbia--(Newsfile Corp. - February 22, 2023) - Further to the press release issued on December 21, 2022 by Bastion Square Partners Inc. (TSXV: BASQ.P) ("BSP" or the "Company") announcing that it had entered into a definitive agreement with Aluula Composites Inc. ("ALUULA"), the Company is pleased to announce highlights from ALUULA's fiscal 2022 financial results and provide additional details on the transaction structure. Aluula Consolidated Fiscal 2022 Financial Highlights
2023-02-22 10:36 AM EST
Bastion Square Announces Definitive Agreement for Proposed Qualifying Transaction with ALUULA Composites Inc.
Victoria, British Columbia--(Newsfile Corp. - December 21, 2022) - Bastion Square Partners Inc. (TSXV: BASQ.P) ("BSP" or the "Company"), is pleased to announce that it has entered into a definitive agreement with ALUULA Composites Inc. ("ALUULA"), dated December 20, 2022, to acquire 100% of the outstanding shares of ALUULA in exchange for shares of BSP (the "Transaction") by way of a three-cornered amalgamation. ALUULA is a Canadian-based manufacturer of innovative soft composite materials...
2022-12-21 8:10 PM EST
Bastion Square Partners Inc. Announces Closing of Initial Public Offering
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2021) - Bastion Square Partners Inc. (the "Company"), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the "Exchange"), is pleased to announce the successful completion of its initial public offering (the "Offering") of 15,000,000 common shares of the Company (the "Shares") at a price of $0.10 per Share for gross proceeds of $1,500,000. Haywood Securities Inc. (the "Agent") acted as the agent for the...
2021-10-12 10:52 AM EDT
Bastion Square Partners Inc. Obtains Receipt for Its Final Prospectus
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2021) - Bastion Square Partners Inc. (the "Company") is pleased to announce that it has filed and obtained a receipt for its final prospectus in connection with its $1.5 million initial public offering (the "IPO"). Haywood Securities Inc. is acting as the Company's agent for the offering of 15 million common shares at a price of $0.10 per share. A copy of the final prospectus can be found on the Company's SEDAR profile at www.sedar.com....
2021-08-05 7:00 AM EDT