Composite Alliance Group Inc.

Recent News

  • Composite Alliance Group Announces Amendments to Previously Issued Debentures and New Loan

    Calgary, Alberta--(Newsfile Corp. - November 13, 2020) -  Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (TSXV: CAG) (the "Company" or "CAG") announces that it has: (i) reached an understanding with the related party holders, Malchemy Corporation Limited ("Malchemy") and K Plus Capital LLC ("K Plus"), of two previously issued convertible unsecured debentures (the "Convertible Debentures") in the aggregate principal amount of $660,000 to replace the Convertible Debentures with new debentures that are not convertible and have an extended maturity...

    2020-11-13 4:39 PM ET
  • Composite Alliance Group Files Annual Financial Statements and Provides Update to the Filing of Its Interim Financial Statements

    Calgary, Alberta--(Newsfile Corp. - June 16, 2020) - Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (TSXV: CAG) (the "Company" or "CAG") provides an update with respect to the filing of its annual financial statements and management's discussion and analysis for the twelve-month period ended December 31, 2019 (collectively the "Annual Filings"). CAG previously announced on April 23, 2020 that the Company will be relying on relief granted by the Alberta Securities Commission under Alberta Instrument 51-517 - Temporary Exemption...

    2020-06-16 7:30 AM ET
  • Composite Alliance Group Provides Update to the Filing of Its Financial Statements

    Calgary, Alberta--(Newsfile Corp. - May 22, 2020) - Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (TSXV: CAG) (the "Company" or "CAG") provides an update with respect to the filing of its annual financial statements and management's discussion and analysis for the twelve-month period ended December 31, 2019 (collectively the "Annual Filings"). CAG previously announced on April 23, 2020 that the Company will be relying on relief granted by the Alberta Securities Commission under Alberta Instrument 51-517 - Temporary Exemption...

    2020-05-22 3:35 PM ET
  • Composite Alliance Group Announces Delay in Filing Annual Financial Statements

    Calgary, Alberta--(Newsfile Corp. - April 23, 2020) - Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (TSXV: CAG) (the "Company" or "CAG") announces that due to circumstances created by the COVID-19 pandemic, it is relying on the exemption provided in Alberta Instrument 51-517 - Temporary Exemption from Certain Corporate Finance Requirements (the "Alberta Instrument") of the Alberta Securities Commission (and similar exemptions provided by the securities commissions in British Columbia, Saskatchewan and Ontario) to postpone the filing of...

    2020-04-23 3:30 PM ET
  • Composite Alliance Group Announces Update to Annual General and Special Meeting

    Calgary, Alberta--(Newsfile Corp. - April 17, 2020) - Composite Alliance Group Inc. (TSXV: CAG) (formerly CanAsia Financial Inc.) (the "Company" or "CAG") announced today that due to the evolving concerns associated with the coronavirus, also known as COVID-19, the Company has organized a conference call (details below) whereby shareholders and interested stakeholders can listen to its annual general and special meeting (the "Meeting") to be held on April 24, 2020, at 3:00 p.m. (Mountain time) at the offices of...

    2020-04-17 3:30 PM ET
  • Composite Alliance Group Announces Update on Operations

    Calgary, Alberta--(Newsfile Corp. - March 19, 2020) - Composite Alliance Group Inc. (TSXV: CAG) (formerly CanAsia Financial Inc.) (the "Company" or "CAG")  announces that as a result of the global COVID-19 pandemic and the French government's latest measurement to request that all people stay at home and avoid unnecessary travels domestically for the coming 15 days, most offices and factories in France are shut down and the borders are closed. CAG's main operations are through its subsidiary Techni Modul Engineering...

    2020-03-19 3:30 PM ET
  • Composite Alliance Group Announces New Distribution Right in China

    Calgary, Alberta--(Newsfile Corp. - October 28, 2019) - Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (TSXV: CAG) (the "Company" or "CAG") announces it has entered into a 5-year distribution agreement with Magnum Venus Products ("MVP") and is now the exclusive authorized distributor for MVP products in the People's Republic of China, including Hong Kong and Macau.MVP, an Illinois corporation in the USA, is a premiere manufacturer of composite based application equipment. MVP products consist of pumping systems, spray guns,...

    2019-10-28 5:14 PM ET
  • Composite Announces Issuance of Debentures

    Calgary, Alberta--(Newsfile Corp. - October 7, 2019) - Composite Alliance Group Inc. (TSXV: CAG) (formerly CanAsia Financial Inc.) (the "Company") announces that it has completed a non-brokered private placement of unsecured debentures (the "Debentures") in the principal amount of USD$351,507.25. The Debentures accrue interest at 5% per year, mature October 7, 2024 and are payable at any time by the Company without penalty. The proceeds from the sale of the Debentures will be used for a compensation payment pursuant to...

    2019-10-07 3:30 PM ET