Star Navigation Systems Group Ltd.

Recent News

  • Star Navigation Announces Management Changes

    Brampton, Ontario--(Newsfile Corp. - September 16, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star' or the "Corporation) is pleased to announce the appointment of Amir Bhatti as the new Chief Executive Officer (CEO) and Anoop Brar as the new Chief Operating Officer (COO) in a proactive attempt to restructure and realign the management team to meet the strategic corporate objectives. Randy Koroll will continue his role as the Chief Financial Officer (CFO) and Jean-Louis Larmor will...

    2020-09-16 10:44 AM ET
  • Star Navigation Announces Change in AGM Date

    Brampton, Ontario--(Newsfile Corp. - March 17, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces that the Order of the Ontario Superior Court of Justice dated January 17, 2020, ordering Star to hold an Annual General and Special Meeting of shareholders (the "AGM"), has been varied.(Please see Press Releases January 22, 2020 and February 12, 2020),The Company has now been permitted by the Court to hold its next Annual General and Special Meeting...

    2020-03-17 2:00 PM ET
  • Star Navigation Increases Exercise Period of Warrants

    Brampton, Ontario--(Newsfile Corp. - March 12, 2020) -  Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces that, in response to feedback from investors, the term of the warrants to be issued in the recently announced Financing (see Press Releases March 10, 2020), has been increased to two (2) years.This correction does not change any other information reported in the Initial Press Release. About Star Navigation:Star Navigation Systems Group Ltd. owns the exclusive worldwide license...

    2020-03-12 12:48 PM ET
  • CORRECTION FROM SOURCE: Star Navigation Announces Correction to Press Release Announcing Private Placement, and Debt Conversion

    Brampton, Ontario--(Newsfile Corp. - March 10, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces a correction to its press release entitled " Star Navigation Announces Partial Revocation Order, Private Placement, and Debt Conversion " issued today (the "Initial Press Release"). The Initial Press Release incorrectly stated that the warrant exercise price for the Debt Conversion Units and the Private Placement Units was $0.02 and $0.035 respectively.The correct warrant exercise price...

    2020-03-10 6:17 PM ET
  • Star Navigation Announces Partial Revocation Order, Private Placement, and Debt Conversion

    Brampton, Ontario--(Newsfile Corp. - March 10, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") announces that on March 6, 2020, the Ontario Securities Commission ("OSC") partially revoked the cease trade order issued against the Company on November 1, 2019 (the "CTO") for failing to file certain outstanding continuous disclosure documents in a timely manner.The Company applied for the partial revocation order ("Partial Revocation Order") to:Complete an exempt non-brokered private placement ("Private Placement") of...

    2020-03-10 10:55 AM ET
  • Star Navigation Systems Group Ltd. Announces Elimination of $3.3 Million of Debt

    Brampton, Ontario--(Newsfile Corp. - February 14, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star or the "Corporation") is pleased to announce that creditors have accepted the Corporation's formal Proposal to settle outstanding debts. As a result of today's meeting, the Proposal Trustee will seek Court approval of the Proposal, which, if approved, will remove approximately $3.3 million in debt from the Corporation's balance sheet.This process was commenced by the former CEO of the Corporation, Mr. Viraf...

    2020-02-14 6:35 PM ET
  • Star Navigation Systems Group Ltd. Announces New Date for Annual and Special General Meeting

    Brampton, Ontario--(Newsfile Corp. - February 12, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star' or the "Corporation") announced in a press release dated January 22, 2020, that the Commercial Court of the Ontario Superior Court of Justice (the "Court") had ordered that an Annual General and Special Meeting of the shareholders of Star be held on March 9, 2020 ( the "March 9/20 AGM") . The Court further ordered that if Star's audited financial statements...

    2020-02-12 6:18 PM ET
  • Star Navigation Systems Group Ltd. Announces Cancellation of February 14, 2020 Meeting and Date of Annual and Special General Meeting

    Brampton, Ontario--(Newsfile Corp. - January 22, 2020) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star' or the "Corporation") announces that on Friday, January 17, 2020, the Commercial Court of the Ontario Superior Court of Justice (the "Court") ordered that an Annual General and Special Meeting of the shareholders of Star be held on March 9, 2020. The Special Meeting previously called for February 14, 2020 will be cancelled.The Court further ordered that if Star's audited financial statements...

    2020-01-22 5:11 PM ET