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...
2020-04-23 4:30 PM EDT
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...
2020-04-17 4:30 PM EDT
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...
2020-03-19 4:30 PM EDT
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...
2019-10-28 6:14 PM EDT
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...
2019-10-07 4:30 PM EDT
Composite Announces Issuance of Debentures
Calgary, Alberta--(Newsfile Corp. - July 22, 2019) - Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (TSXV: CAG) (the "Company") announces that, further to its press release dated June 25, 2019, it has completed a non-brokered private placement of unsecured debentures (the "Debentures") in the principal amount of $400,000. The Debentures accrue interest at 5% per year, mature January 31, 2021, and are payable at any time by the Company without penalty. The Company may issue...
2019-07-22 8:30 AM EDT
Composite Announces Proposed Issuance of Debentures
Calgary, Alberta--(Newsfile Corp. - June 25, 2019) - Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (TSXV: CAG) (the "Company") announces that it plans to complete a non-brokered private placement of unsecured debentures (the "Debentures") in the principal amount of up to $600,000. The Debentures will accrue interest at 5% per year, mature January 31, 2021, and will be payable at any time by the Company without penalty. The Company plans to issue the Debentures in tranches...
2019-06-25 5:03 PM EDT