Navigation Links
Westaim announces 2009 third quarter results
Date:11/13/2009

malgamated company, which will be redeemed for US$1.77 in cash upon completion of the amalgamation. The amalgamation agreement follows the execution of an asset purchase agreement between NUCRYST and subsidiaries of Smith & Nephew plc. under which NUCRYST has agreed to sell all of its operations and assets including all rights to its proprietary nanocrystalline silver technology to Smith & Nephew for US$21 million, plus the value of working capital, subject to certain adjustments.

"The amalgamation of Westaim and NUCRYST announced earlier this week is expected to significantly strengthen our balance sheet," said Cameron MacDonald, President & CEO of Westaim. "We remain committed to enhancing shareholder value and the strengthened cash position will provide additional resources to deploy in the assessment of new business opportunities."

The Westaim Corporation invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Westaim holds an approximate 75 per cent interest in NUCRYST Pharmaceuticals Corp. ( NCST; TSX: NCS). Westaim's common shares are listed on The Toronto Stock Exchange under the trading symbol WED.

Certain portions of this press release as well as other public statements by Westaim, contain forward-looking statements. Such forward-looking statements include but are not limited to statements concerning the transactions described herein; investment strategies and expected rates of return; and strategic alternatives to maximize value for shareholder. These statements are based on current expectations that are subject to risks, uncertainties and assumptions and Westaim can give no assurance that these expectations are correct. Westaim's actual results could differ materially from those anticipated by forward-looking statements for various reasons generally beyond our contro
'/>"/>

SOURCE Westaim Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Westaim announces 2009 second quarter results
2. Westaim announces 2009 first quarter results
3. Westaim enters into Management Services Agreement
4. Westaim announces 2008 year-end results
5. The Westaim Corporation requisitions meeting of shareholders of NUCRYST Pharmaceuticals to return capital to NUCRYST shareholders
6. Westaim announces 2008 third quarter results
7. Webcast Advisory - The Westaim Corporation Webcast of Conference Call to Discuss 2008 Third Quarter Results
8. Westaim terminates reorganization agreement and cancels shareholders meeting
9. Westaim to deregister its common stock in the United States
10. Westaim announces sale of iFire Technology Ltd. assets
11. Westaim announces 2008 second quarter results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... 2014 UWDress.com, a well-known wedding dress manufacturer, ... to its online store. In addition to this, all ... to 72 percent off) at the moment. The special offer ... , UWDress.com’s kind online workers have updated its online category ... that the company’s website is a one stop place where ...
(Date:8/21/2014)... The “Proteomics Market by Technology (Protein ... Plasmon Resonance, X-ray Crystallography) - Instruments, Reagents & ... studies the major market drivers, restraints, and opportunities ... of the World (RoW) , Browse 138 market ... and in-depth TOC on “Proteomics Market by Technology ...
(Date:8/21/2014)... August 22, 2014 Top10BestSEOHosting.com has ... announces that iPage ( http://www.top10bestseohosting.com/go/iPage/ ) is one ... 2014. , The manager of Top10BestSEOHosting.com states, ... hosting supplier. Actually, these companies have outperformed their ... customer support. People can get the best web ...
(Date:8/21/2014)... (PRWEB) August 21, 2014 An increasing ... a taxpayer that their federal tax payment is being ... appears to come from the IRS, “tax@irs.gov”, it’s actually ... provide personal and financial information. , While similar scams ... an uptick in phishing activity is occurring right now. ...
(Date:8/21/2014)... advanced laryngeal cancer appear to have better survival ... chemoradiation. , Author: Uchechukwu C. Megwalu, M.D., M.P.H., ... Sinai, New York, and colleagues. , Background: Approximately ... diagnosed each year and squamous cell carcinoma accounts ... to 1991, total surgical removal of the larynx ...
Breaking Medicine News(10 mins):Health News:Beautiful Peacock Party Dresses for 2014 Offered by UWDress.com at the Moment 2Health News:Proteomics Market worth $20,696.4 Million by 2018 - New Research Report by MarketsandMarkets 2Health News:Proteomics Market worth $20,696.4 Million by 2018 - New Research Report by MarketsandMarkets 3Health News:Proteomics Market worth $20,696.4 Million by 2018 - New Research Report by MarketsandMarkets 4Health News:Proteomics Market worth $20,696.4 Million by 2018 - New Research Report by MarketsandMarkets 5Health News:iPage Reviews Unveiled Online At Top10BestSEOHosting.com 2Health News:Beware Of Phony “Tax Payment Rejected” IRS Emails 2Health News:Surgery associated with better survival for patients with advanced laryngeal cancer 2
... that altruistic nature where high in our ancestors, they ... food and also had the habit of exchanging gifts ... origin of holiday giving. Michael Gurven, University of California ... in humans and a core feature of reciprocity is ...
... The collaboration between Apollo Hospitals and the Stanford ... a launch of a first-ever international programme for ... one-year full time programme would be conducted at ... passed Intermediate or an equivalent examination are eligible ...
... University of Navarre has reported in her thesis that ... She tested 24 compounds isolated from the derivatives and ... tested in invitro cell cultures. Initial studies have found ... feels that still a lot has to be done ...
... from University of Illinois have found that eating disorders ... childhood. Eating disorder develops in women who had experienced// ... life. The researchers have published the results of their ... ,The Research team conducted the survey in 608 students ...
... a Swiss study, which found that the instrument can ... ,Swiss researchers have discovered that playing the Aboriginal instrument ... sleep apnoea, reports the British Medical Journal. ... during sleep, and results in the sufferer gasping for ...
... which have made it mandatory for all adults over 40 years ... of the fact that the family may have no history with ... history of such problems, the tests will have to be undergone ... six stroke and heart societies have given their support for the ...
Cached Medicine News:
(Date:8/21/2014)... Aug. 21, 2014  Seventy-one percent of Americans believe the ... a serious public health and safety issue in ... survey released today by Repass & Partners, a ... "Americans understand the severity of the prescription medication abuse problem ... this very serious health situation facing our country," Rex ...
(Date:8/21/2014)... 2014  Henry Schein, Inc. (NASDAQ: HSIC ), ... to office-based dental, animal health and medical practitioners, announced today ... September: , September 4, 2014 – Baird 2014 ... 12:50 p.m. ET , September 8, 2014 – ... York , NY at 1:25 p.m. ET ...
(Date:8/21/2014)... , Aug. 21, 2014 CVS Caremark Corporation ... results, applicable Reference Yields and consideration payable in connection with ... on August 7, 2014 for (1) any and all of ... Notes") and (2) up to a maximum amount of its ... and 5.750% Senior Notes due 2017 (collectively, the "Maximum Tender ...
Breaking Medicine Technology:Consumers Desperate For Measures To Curb Prescription Drug Abuse 2Consumers Desperate For Measures To Curb Prescription Drug Abuse 3Henry Schein To Present At Two Investor Conferences In September 2CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 2CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 3CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 4CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 5CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 6
... to complement the active lifestyle, ... contemporary--and comfortable--eyewear for men, women ... offers a wide variety of ... with a young, relaxed attitude, ...
... Whisper NG Erbium YAG Extended Ablation laser ... true laser peel with outstanding results and no ... a proprietary fluence level with an extra long ... skin. Peeling is spread over 3-5 days, ...
... Biomedics EP is the first and only ... are just beginning to have difficulty reading ... ,While everyone wants to enjoy the best ... bifocals or reading glasses. Fortunately, Biomedics EPs ...
... The table-mounted hip ... hands-free exposure for total ... to accommodate individual surgeon ... of any size. Hand-held ...
Medicine Products: