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Avante Logixx Inc. Announces Strategic Partnership and Investment with 3|Sixty Secure Corp., a Leading Cannabis Security Solutions Provider
Posted on Thursday September 27, 2018
Avante Logixx Inc. (XX.V) (“Avante” or the “Company”) is pleased to announce that it has entered a memorandum of understanding (“MOU”) with 3|Sixty Secure Corp. (“3 Sixty”). Under the terms of the MOU, signed on September 26, 2018, 3 Sixty will refer business to Avante on a preferred basis for a number of services ancillary to the cannabis industry, including certain executive security and residential services, integrated security systems and risk management & due diligence services related to employees and contractors, such as employee background screening and duty of care compliance programs, and Avante will refer business to 3 Sixty on a preferred basis for a number of services relating to the cannabis industry, including supply chain transport and on-site guarding security of cannabis facilities.
Avante Logixx to add Chief People and Legal Affairs Officer
Posted on Friday September 21, 2018
Avante Logixx Inc. (XX.V) (“Avante” or the “Company”) is pleased to announce that Scott Goodman will join Avante as the Company’s Chief People and Legal Affairs Officer effective October 2, 2018. Scott previously held roles at the TMX Group Inc. and Parmalat Canada. “I am thrilled to join the Avante team at this exciting stage to help build on its success and enable an awesome culture that allows its people to do their best work in becoming the national leader in technology enabled security solutions.” said Scott Goodman.
Avante Logixx Announces Results of Annual General Meeting; Approves Share Consolidation; and Provides Further Information on Acquisition of Veridin
Posted on Thursday September 20, 2018
Avante Logixx ("Avante" of the "Company") (XX.V) is pleased to announce the results of its annual general and special meeting of shareholders held on September 19, 2018 (the "Meeting"). “I would like to thank the directors that did not stand for re-election for their service to Avante.” said Craig Campbell, CEO and Director of Avante Logixx.
Avante Logixx Announces a $10 Million Acquisition Facility with RBC
Posted on Thursday September 20, 2018
Avante Logixx (“Avante” of the “Company”) (XX.V) is pleased to announce that Royal Bank of Canada (“RBC” of the “Bank”) has approved credit lines which include an acquisition line in the amount of $10 million to finance future acquisitions, a revolving operating line of $2 million to be used for working capital and general operating requirements, and a Visa facility of $200,000 to cover operating expenses. A formal credit agreement outlining the terms and conditions is being finalized by the Bank and is expected to be signed by the Company in the coming weeks. “Today’s announcement is another significant step forward for Avante’s strategic plan,” said Craig Campbell, CEO and Director of Avante Logixx.