Overview
Aeroquest International Limited ("AQL"), which owns Aeroquest Limited ("Aeroquest"), a Canadian company established in 1988, has developed a proprietary high resolution airborne geophysical technology called AeroTEM for use by the mining and energy industries. The AeroTEM system, which became operational in 2002 after 15 years of research and development, provides superior accuracy and is directly responsible for over a dozen mineral discoveries since 2002. The AeroTEM system has been proven to save money and time in locating mineral deposits. AQL has established itself as a technology leader in Canada with the next phase of growth to occur through global expansion with existing clients and new business development initiatives.
Financial Summary
Revenue Growth
[ Years ended April 30 ] |
News
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| Aeroquest International Announces the signing of a significant Petroleum Services contract |
2008-05-07
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Mississauga, ON - May 07, 2008 - Aeroquest International Limited announced today that it has entered into a contract with GX Technology Corporation (a subsidiary of ION Geophysical Corporation) to provide a fixed wing magnetic survey in excess of 100,000 line kilometers in length
in the Banks Island and Beaufort Sea area of the Canadian Arctic. The airborne data collected by Aeroquest will assist IONs seismic programs aimed at delineating portions of the Beaufort-Mackenzie Basin, Banks Basin, Sverdrup Basin and the Arctic Costal Margin in pursuit of hydrocarbon exploration.
[ Download - PDF Document ]
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| Aeroquest International Announces The Loss Of An AeroTEM Survey System And Updates Its Fleet Count |
2008-02-25
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Mississauga, ON - February 25, 2008 - Aeroquest International Limited announced today that one of its airborne geophysical survey systems, an AeroTEM III, struck a tree during the course of a survey in Ontario recently.
There were no personal injuries or damage to the helicopter during the incident, but the structure of the AeroTEM system sustained heavy damage.
To date in the second quarter, the Company has also brought one new
AeroTEM III system, one Impulse system and one of Geophexs GEM-2A systems into production and so, as of todays date, the Companys fleet of active systems sits at 23 systems
[ Download - PDF Document ]
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| Aeroquest International Announces Financial Results For The Three Months Ended December 31, 2007 |
2008-02-15
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Mississauga, ON - February 13, 2008 - Aeroquest International Limited today reported financial
results for the period ended December 31, 2007.
Revenue up 54% organically, 173% including acquisitions
Operating cash flow of $1.6 million in the period, or $0.06 per share
Contract backlog grows to $19 million
[ Download - PDF Document ]
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| Aeroquest International (TSX-V:AQL) Closes $20 Million Bought Deal Financing |
2008-02-05
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Mississauga, ON - February 5, 2008 - Aeroquest International Limited ('Aeroquest') announces that it has completed the
issuance of 6,666,667 common shares at a price of $3.00 per share, for gross proceeds to Aeroquest of $20.0 million pursuant to
its previously announced public offering in Canada. The net proceeds from the offering will be used to repay notes issued in
connection with Aeroquest's previously completed acquisition of UTS Geophysics and Geophex, Ltd., for certain capital expenditures,
for general working capital purposes and to fund future growth opportunities.
[ Download - PDF Document ]
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| Aeroquest International Announces $20 Million Bought Deal Offering |
2008-01-17
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Mississauga, Ontario - January 17, 2008 - Aeroquest International Limited announces that it has entered into an agreement with
Jennings Capital Inc. and a syndicate of underwriters including J.F. Mackie and Company Ltd. and National Bank
Financial pursuant to which the underwriters have agreed to purchase from Aeroquest, on a 'bought deal' basis,
an aggregate of 6,666,667 common shares at a price of $3.00 per share, for gross proceeds to Aeroquest of $20 million.
[ Download - PDF Document ]
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| Aeroquest International Announces a Change to its Board of Directors |
2008-01-16
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Mississauga, Ontario - January 16, 2008 - Aeroquest International Limited announces that
Mr. Gordon Bogden has been appointed to the board of directors of the Company.
[ Download - PDF Document ]
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| Aeroquest International Limited Announces the Closing of the Acquisition of Geophex, Ltd. |
2007-12-31
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Mississauga, ON - December 31, 2007 - Aeroquest International Limited today announced the
successful closing of its previously announced acquisition of Geophex, Ltd. of Raleigh, N. Carolina.
[ Download - PDF Document ]
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| Aeroquest International Announces a Change to its Board of Directors |
2007-12-17
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Mississauga, Ontario - December 14, 2007 - Aeroquest International Limited announces that Dr. Gordon West has
resigned as a director of the Company and that Mr. David Myers has agreed to become a director of Aeroquest.
[ Download - PDF Document ]
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| Aeroquest International Limited Unaudited Consolidated Financial Statements |
2007-12-07
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Mississauga, Ontario - December7, 2007 - For the 5 months and year ended September 30, 2007
In accordance with National Instrument 51-102 released by the Canadian Securities Administrators, the
Company discloses that its auditors have not reviewed these unaudited financial statements for the
period ended September 30, 2007.
[ Download - PDF Document ]
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| Aeroquest International Managements Discussion & Analysis For the period ending September 30, 2007 |
2007-12-07
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[ Download - PDF Document ]
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| Aeroquest International Limited (TSX-V:AQL) Announces financial results for the two and five months ended September 30, 2007 |
2007-12-07
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Mississauga, Ontario - December 7, 2007 - Aeroquest International Limited today reported financial
results for the period ended September 30, 2007.
[ Download - PDF Document ]
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| Aeroquest International Signs Letter of Intent to Acquire Geophex, Ltd. |
2007-11-06
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Mississauga, Ontario- November 6, 2007 - Aeroquest International Limited announces that it has entered
into a Letter of Intent to acquire Geophex, Ltd. of Raleigh, N. Carolina. Geophex is a leading research company
specializing in the design and construction of geophysical instruments with a particular focus on the utilization of
electromagnetic technology.
[ Download - PDF Document ]
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| Aeroquest International Limited releases Management's Discussion & Analisys for the period ending July 31, 2007 |
2007-10-11
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[ Download - PDF Document ]
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| Aeroquest International Limited releases Unaudited Interim Consolidated Financial Statements |
2007-10-11
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For the 3 months ended July 31, 2007 and July 31, 2006
In accordance with National Instrument 51-102 released by the Canadian Securities
Administrators, the Company discloses that its auditors have not reviewed these unaudited
financial statements for the period ended July 31, 2007.
[ Download - PDF Document ]
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| Aeroquest International Announces the Resignation of a Director and Certain Transactions under its RSU Plan |
2007-10-10
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Mississauga, Ontario - October 10, 2007 - Aeroquest International Limited announces that Mr. Stephen Balch has resigned his position as a director of the Company, effective immediately. Mr. Balch has advised the Company that the increasingly large commitments to his other activities have made it difficult for him to devote the time he would like to spend on Aeroquest International. Mr. Balch was one of the founders and the former President of Aeroquest International. The board of directors of Aeroquest International would like to thank Mr. Balch for his valuable contribution to the Company.
“It was the focus and energy of Steve Balch that helped commercialize AeroTEM™ and launch Aeroquest into the public markets,” said Roy Graydon, Aeroquest’s President and CEO, “Aeroquest will always be always be indebted to Steve for his great contribution to the Company.”
Aeroquest also announces the following transactions under its Restricted Stock Unit (RSU) Plan:
- Aeroquest has agreed to grant a total of 400,000 RSUs at a price of $2.34 per unit to certain insiders of the Company.
Click [ here ] to read the full press release.
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| AEROQUEST INTERNATIONAL LIMITED (TSX-V:AQL) Announces financial results for the three months ended July 31, 2007 |
2007-09-26
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| Mississauga, ON – September 26, 2007 - Aeroquest International Limited today reported financial results for the first quarter ended July 31, 2007.
Highlights:
- Record quarterly revenue of $9.4 million, up 96% year-over-year
- Record quarterly operating profit of $1.7 million
- Record quarterly earnings of $0.9 million, or $0.04 per share
"This is Aeroquest’s first financial report since the closing of the acquisition of UTS Geophysics.
" said Roy Graydon, President & CEO of Aeroquest;
"We are very pleased with the results of operations in both Aeroquest and UTS in the period and are looking forward to continued improvements in those results throughout the remainder of the year."
Click [ here ] to read the full press release.
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| Annual Report 2007 released |
2007-09-21
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Click [ here
] to download Aeroquest's 2007 Annual Report in Adobe Acrobad (PDF) format.
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| AEROQUEST INTERNATIONAL LIMITED (TSX-V:AQL) Announces Technology Partnership Agreement with one of the World’s Leading Mining and Natural Resource Companies. |
2007-08-24
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Mississauga, Ontario, August 24, 2007 -
Aeroquest International Limited, a world leader in the development and operation of innovative and proprietary airborne geophysical surveying platforms is pleased to announce that it has entered into a Technology Partnership Agreement with Spectrem Air Limited, a wholly-owned subsidiary of Anglo American, Plc. This Agreement has evolved out of several years of informal collaboration, based on the sale of an AeroTEM™ system to Spectrem in 2005.
Click [ here ] to read the full press release.
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| AEROQUEST INTERNATIONAL LIMITED (TSX-V:AQL) Announces the Closing of the Acquisition of UTS Geophysics |
2007-07-03
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Mississauga, ON – July 3, 2007 - Aeroquest International Limited today announced the successful completion of the acquisition of Universal Tracking Systems Pty Ltd. (UTS) previously announced on May 1, 2007. Aeroquest International executed the Share Purchase Agreement and completed the transaction with the shareholders of UTS, being Neil Goodey, Nino Tufilli, Bluekara Pty Ltd, Fineshore Pty Ltd, Cleary Nominees Pty Ltd and David Abbott, earlier today in Australia.
“We are very pleased to welcome the employees and customers of UTS into the Aeroquest Group of Companies.” said Roy Graydon, President & CEO of Aeroquest; “Together, our companies can now offer a full range of airborne geophysical solutions to our clients around the world.”
Click [ here ] to read the full press release.
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| AEROQUEST INTERNATIONAL LIMITED (TSX-V:AQL) Announces financial results for the twelve months ended April 30, 2007 |
2007-06-25
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Mississauga, ON – June 25, 2007 - Aeroquest International Limited today reported financial results for fourth quarter and full year ended April 30, 2007.
“We are very pleased to be able to report record production, record revenue, and the successful establishment of international operations in fiscal 2007.” said Roy Graydon, President & CEO of Aeroquest; “The year just ended was one where Aeroquest met or surpassed most of the financial and operating objectives we set for ourselves and took some significant strategic steps to position our Company for success in the long term.” Revenue for the three month period ended April 30, 2007 was $5.4 million, a 103% increase from the same period last year and a continuation of the revenue growth rates the Company has been experiencing all year. Full year revenue was $19.9 million, up $10.8 million or 118% from the previous year. International revenue accounted for approximately $4.8 million, or 24% of full year revenue, up from zero in the previous year.
Click [ here ] to read the full press release.
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| BENTON RESOURCES CORP. (BTC) IDENTIFIES LARGE CONDUCTIVE ANOMALIES ON KING LAKE NICKEL PROPERTY 60KM NORTH OF VOISEY'S BAY DEPOSIT |
2007-06-07
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Thunder Bay, Ontario: Benton Resources Corp. ("Benton") and its partner Teck Cominco Limited ("Teck Cominco") have received a final report from Aeroquest Limited on the recently completed airborne survey at the King Lake Nickel project in Labrador, located 60 km north of the world class Voisey's Bay nickel deposit. The King Lake nickel project is host to numerous, high-grade nickel-copper showings that have returned up to 6.8% copper and 1.9% nickel. The airborne geophysical survey located several strong electromagnetic anomalies on the property including a large conductive zone which measures greater than 400 metres wide by 1000 metres long.
Click [ here ] to read the full press release.
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| Kootenay Gold Inc. and Klondike Silver Corp.: Update Report on the Santa Lucia project in Mexico |
2007-05-29
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Vancouver, BC -- Kootenay Gold Inc. ("Kootenay") (TSX-V: KTN) and Klondike Silver Corp. (TSXV: KS) are pleased to announce the Update Report from on the Santa Lucia project in Mexico.
Santa Lucia is located in southern Sonora State, Mexico and is comprised of two concessions covering about 9,350 hectares. Mineralization is comprised of classic epithermal and mesothermal style quartz veining, silicification, stockwork and breccias.
Click [ here ] to read the full press release.
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| AEROQUEST INTERNATIONAL LIMITED (TSX-V:AQL) Announces non-binding letter of intent to combine with UTS Geophysics, of Perth, Australia and undertakes a Brokered Private Placement Offering up to $7.65 million |
2007-05-01
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Mississauga, ON, May 1, 2007 - Aeroquest International Limited ("Aeroquest" or the "Company", TSXV: AQL) is pleased to announce that it has entered into a non-binding letter of intent (the "Letter of Intent") to acquire 100 per cent of the shares of Universal Tracking Systems Pty Ltd, of Australia, operating under the name UTS Geophysics (the "Acquisition"). The acquisition is subject to, among other things, entering into a definitive agreement. There is no assurance that these negotiations will result in a completed transaction between the parties
Click [ here ] to read the full press release.
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| Aeroquest issues third quarter financial results |
2007-03-08
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Mississauga, Ontario, March 8, 2007. Aeroquest International Limited ("Aeroquest")
reports financial results for the third quarter ended January 31, 2007, a copy
of which is available on the Company's
website and on SEDAR at www.sedar.com.
Highlights:
- Quarterly Revenue of $4.4 million, up over 150% from last year
- Quarterly Operating Profit of $0.6 million
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Quarterly Net Income of $0.4 million or $0.02 per share
Downloads (PDF):
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| AEROQUEST INTERNATIONAL LIMITED (TSX-V:AQL) Announces Changes to Its Senior Management Ranks |
2007-01-29
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| Aeroquest International Limited announced today certain changes to its organizational
and senior management structure.
Effective immediately, Mr. Stephen Balch will assume the title and responsibilities of
Chief Geophysicist, Aeroquest International. Most recently, Mr. Balch was President,
Aeroquest International. In his new capacity, Mr. Balch will have oversight responsibility
of overall data and product quality control, will advise on the design and development of
interpretative products, will play a leading role in technical sales and sales support, and
will continue to advise the Company on R&D design and testing initiatives.
Click [ here
] to read the full press release.
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| ROCKCLIFF RESOURCES INC. - Drilling to Commence at the Shihan VMS Property |
2007-01-08
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SUDBURY, Ontario. Rockcliff Resources Inc. is pleased to announce that drilling
will commence shortly on its 100% owned Shihan VMS Property located in central
Ontario near the town of Missanabie. A minimum of 3,000 metres of drilling
is planned to commence in January.
...
Additional drilling will test areas identified in a helicopter-borne AeroTEM
II Electromagnetic and Magnetometer Survey completed for Rockcliff by Aeroquest
Limited in July of 2006. Multiple, high priority, geophysical conductors were
located throughout the 25 km long property. The untested conductors were identified
as areas with VMS and/or gold potential.
Click [ here ]
to read the full press release.
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| Kingsman Resources Inc. commences drilling at Snowshoe |
2006-12-13
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Kingsman Resources Inc. has begun a winter diamond drill program on the company's Snowshoe property. Drilling will test electromagnetic and magnetic anomalies resulting from last year's helicopter-borne survey by Aeroquest Ltd.
Several AeroTEM II conductors were identified by the Aeroquest survey. All of these conductors are new targets in unexplored parts of the property with minimal or no outcrop. One of the anomalies is situated only one kilometre west of the Phoenix open pit mine, from which over one million ounces of gold and 540 million pounds of copper were historically produced. A second AeroTEM II anomaly is located 2.1 km west of the Phoenix pit. Both of the conductors exceed 200 metres in strike length and trend northward, parallel to the trend of the Phoenix orebody. Both these targets will be drill tested. Several other electromagnetic anomalies in the southern part of the property will also be drilled.
Click [ here ] for the full press release.
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| Aeroquest issues second quarter financial results |
2006-12-07
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Milton, Ontario, December 7, 2006. Aeroquest International Limited ("Aeroquest")
reports financial results for the second quarter ended October 31, 2006, a copy
of which is available on the Company''s
website and on SEDAR at www.sedar.com.
Highlights:
-
Record quarterly Revenue of $5.78 million
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Quarterly Operating Profit of $1.74 million
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Quarterly Net Income of $1.10 million or $0.07 per share
Downloads (PDF):
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| MANAGEMENT INFORMATION CIRCULAR - GENERAL PROXY INFORMATION |
2006-08-22
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Solicitation of Proxies
This management information circular (this "Management Information Circular")
is furnished in connection with the solicitation of proxies by the management
and the directors of AEROQUEST INTERNATIONAL LIMITED (the "Corporation")
for use at the annual and special meeting of the shareholders of the Corporation
(the "Meeting") to be held at the offices of Minden Gross Grafstein
& Greenstein, 6th Floor, 111 Richmond Street W., Toronto, Ontario at 11 AM. (Toronto
time), on Thursday, September 14, 2006 and at all adjournments thereof for the
purposes set forth in the accompanying notice of the Meeting (the "Notice
of Meeting").
Click [ here
] to download the circular (PDF format).
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| Annual Report 2006 released |
2006-08-21
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Click [ here
] to download Aeroquest's 2006 Annual Report in PDF format.
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| AEROQUEST INTERNATIONAL LIMITED (TSX-V:AQL) Releases preliminary, selected financial results for the three months ended July 31, 2006. Announces the addition of two new board members. |
2006-08-18
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Aeroquest International Limited ("Aeroquest"), a world leader in the
development and operation of innovative and proprietary airborne geophysical surveying
platforms servicing the mineral exploration, oil and gas, and environmental industries,
today reported preliminary selected financial results for the first quarter ended
July 31, 2006.
- Revenue for the quarter was a record $4.2 million, an increase of 51% from
the same
quarter last year, and 57% from the last quarter;
- The backlog of contracted, but not flown, survey work has also reached
record levels and
now sits at $6.2 million, up from $2.6 million at year-end. Aeroquest expects
to fly much
of its current backlog in the second quarter of 2007;
- The Company’s financial position continues to improve with no long-term
debt and a
cash balance that now sits at $3.2 million, up from $2.5 million at year-end.
Click [ here
] to read the full press release.
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| DRILLING Intersects More COPPER-ZINC-SILVER-SILVER-GOLD with STRONG Off-Hole Pulse EM Conductors at BIG LAKE |
2006-05-16
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MetalCORP Limited (TSX-V:MTC) is pleased to announce assay results from the latest
phase of drilling on its 100% owned Big Lake project located 10km southeast of
Marathon or 10km southwest of the Hemlo gold mines, Ontario. This program was
designed to follow up on the BL14 Copper-Zinc-Silver-Gold (Cu-Zn-Ag-Au) discovery
with three (3) holes totaling approximately 1000 metres.
Click [ here
] to read the full press release.
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| St. Eugene Mining Corporation (SEM-TSX-V) Reports Preliminary Results from Moyie Properties Airborne Geophysical Survey - Identifies Evidence for Second St. Eugene-Style Structure |
2006-05-15
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R. Trenaman , President of St. Eugene Mining Corp SEM TVX-V is pleased to report
on the preliminary results of its Aeroquest AeroTEM airborne geophysical survey
on the Company's silver-lead-zinc properties near Moyie, in southeast British
Columbia. The survey method employs an innovative concentric coil helicopter-borne
time domain electromagnetic (EM) system while acquiring simultaneous magnetic
data.
Click [ here ] to read the full press release.
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| Aeroquest issues Second Half 2006 Financial Statements |
2006-04-27
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Milton, Ontario, April 27, 2006. Interim Consolidated Financial Statements for the six months ended October 31, 2005 and 2004.
Click [
here ] to read the full news release.
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| Aeroquest issues third quarter financial results |
2006-03-28
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Milton, Ontario, March 30, 2006. Aeroquest International Limited ("Aeroquest")
reports financial results for the third quarter ended January 31, 2006, a copy
of which is available on the Company's
website and on SEDAR at www.sedar.com.
- Unaudited Interim Consolidated Financial Statements for the nine months
ended January 31, 2006 and 2005
[ Download
- PDF Document ]
- MANAGEMENT'S DISCUSSION & ANALYSIS for the period ending January 31, 2006
[ Download
- PDF Document ]
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| Kenrich-Eskay Mining Corp. announces initiation of 2006 exploration on coastal copper and corey properties |
2006-03-13
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Vancouver, BC - KENRICH-ESKAY MINING CORPORATION (the "Company") is
pleased to announce the initiation of its 2006 exploration program. Exploration
is commencing on the company's two major projects: the Coastal Copper Project
in the Anyox mining camp south of Stewart, B.C. and the Corey Project in the Eskay
Creek mining camp north of Stewart, B.C.
Aeroquest Limited of Milton, Ontario has been retained to conduct airborne electromagnetic (EM) and magnetic surveys over all of the Kenrich properties utilizing their cutting-edge helicopter-borne AeroTEM system.
Click [ here ] to read the full press release.
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| MetalCORP; BIG LAKE Drill Hole Yields 7.5% Copper, 2.2% Zinc, 138.0 g/t Silver & 9.2 g/t Gold |
2006-03-06
|
Further to the news release dated 28 February 2006, MetalCORP
Limited (TSX-V:MTC) is pleased to announce that drilling on its 100% owned Big Lake project, located
10km southeast of Marathon or 10km southwest of the Hemlo gold mines, Ontario has intersected 4.0
metres (13.1 feet) of high grade mineralization assaying 7.5% Copper (Cu), 2.2% Zinc (Zn), 138.0 g/t
Silver (Ag) and 9.2 g/t Gold (Au) in hole BL06-24 from the BL14 Zone.
Click [ here ] to read the full press release.
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| Kingsman Resources Inc. has recently received the results of a helicopter-borne, AeroTEM II electromagnetic and magnetometer survey over its Snowshoe property, located near Greenwood in Southern British Columbia. |
2006-02-20
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The airborne survey was flown by Aeroquest Ltd. in December, 2005, and was successful in identifying several high-priority targets on the property. An updated National Instrument 43-101-compliant technical report is being prepared that will summarize the results of the airborne survey and make recommendations for further work.
Click [ here ] to read the full press release.
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| AEROQUEST INTERNATIONAL LIMITED Announces financial results for the six months ended October 31, 2005 |
2005-12-15
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Milton, Ontario, December 15, 2005 Aeroquest International Limited (“Aeroquest”),
a world leader in the development and operation of innovative and proprietary
airborne geophysical surveying platforms servicing the mineral exploration,
oil and gas, and environmental industries, today reported financial results
for the second quarter ended October 31, 2005, a copy of which is available
on the Company's website
and on SEDAR at www.sedar.com.
Click [ here
] to read the Press Release.
- Interim Consolidated Financial Statements for the six months ended October
31, 2005 and 2004
[ Download
- PDF Document ]
- MANAGEMENT'S DISCUSSION & ANALYSIS for the six months ended October 31,
2005 and 2004
[ Download
- PDF Document ]
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| Canadian Royalties Inc.: High Nickel-Copper-Platinum-Palladium Assays from the Ivakkak Discovery Zone |
2005-11-16
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Canadian Royalties Inc. (TSX:CZZ) reports that several drill holes at its new Ivakkak discovery have intersected high nickel, copper, platinum and palladium grades, that include some of the best nickel values found on the entire project to date. The survey was flown by an AeroTEM II system in July of 2005.
Click [ here ] to read the full press release.
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| CNN Matthews: Aeroquest International Limited Announces Changes in Management and Board of Directors |
2005-11-10
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MILTON, ONTARIO--(CCNMatthews - Nov. 10, 2005) - The Chair and Board of Directors of Aeroquest International Limited (TSX VENTURE:AQL) is pleased to announce the appointment of Mr. Roy Graydon as Chief Executive Officer. Mr. Graydon has also joined the Board of Directors. These appointments are effective November 10, 2005.
Click [ here ] to read the full press release.
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| CNN Matthews: Aeroquest Announces Reorganization |
2005-09-22
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Aeroquest International Limited Announces Reorganization Of The Company.
Click [ here ] to read the full press release.
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| Aeroquest Announces the Upgraded AeroTEM System |
2005-09-21
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Aeroquest has been actively improving the AeroTEM helicopter time domain EM (HTEM) system for use in the search for weakly conductive targets that may have an associated but very weak magnetic signature. Such geologic targets have been described in the search for hydrothermal gold deposits and kimberlite pipes.
Click [ here ] to download the full article (PDF).
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| Probe Mines Limited: High Resolution Helicopter-borne Geophysical Survey Delineates Additional High-Priority Conductors |
2005-09-20
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Probe Mines Limited: Probe Mines Commences Second Phase Drilling Program on Victory Project, Ontario. High Resolution Helicopter-borne Geophysical Survey Delineates Additional High-Priority Conductors. Based on results from the initial diamond drilling program (see below), an AEROTEM helicopter-borne survey was flown by Aeroquest Ltd. over an area of the property believed to represent favourable volcanic vent facies lithologies.
Click [ here ] to read the full release.
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| Tamerlane Ventures Inc.: Geophysics Outlines 36 Targets Warranting Further Work on the Pine Point Lead-Zinc Property |
2005-09-08
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Tamerlane Ventures Inc. (TSX VENTURE:TAM) announces positive results from geophysical studies. An analysis by Stratagex Geophysical Consultants of Aeroquest Limited's AeroTEM helicopter-borne magnetic and electromagnetic survey of the Company's Pine Point lead-zinc property has determined that there are 36 EM responses worthy of further follow-up work.
Click [ here ] to read the full press release.
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| Annual Report 2005 released |
2005-09-01
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The past year has been one of tremendous growth for the company. Aeroquest commissioned five new AeroTEM systems, nearly doubled its revenue and preserved a strong cash position. Total sales for fiscal
year-end, April 30, 2005 were $8 million compared to $4 million in the previous year. The significant increase
in sales was a result of having additional systems available and a robust mineral exploration market.
Click [ here ] to download the full report.
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| Bell Resources Corporation: Additional Claims Added At Granduc |
2005-08-31
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Bell Resources Corporation (the "Company") is pleased to announce that further to receipt of results from the AEROTEM airborne electromagnetic survey (the "Survey") on the Company's Granduc Property, the Company has substantially increased its land position in the Granduc area.
Click [ here ] to read the full press release.
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| MetalCORP Identifies New Airborne EM Conductors on... |
2005-08-11
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MetalCORP contracted AeroQuest Limited of Milton, Ontario to carry out the survey using its new
AeroTEM X system. This system provided exceptional depth penetration, to depths of up to 400m as well
as more precise target definition than conventional systems. MetalCORP management is very encouraged by the results of this survey...
Click [ here ] to read the full press release.
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| CNN Matthews: Aeroquest Financial Results |
2005-07-08
|
Aeroquest International Limited Announces Financial Results For The Fiscal Year
Ended April 30, 2005.
Source: CNN Matthews
[ Full
Story ]
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| Audited annual financial statements |
2005-07-07
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Aeroquest International Limited Consolidated Financial Statements.
For the years ended April 30, 2005 and 2004.
[ Download - PDF ]
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| MD&A |
2005-07-06
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Management's Discussion and Analysis for the twelve (12) month period ended April
30, 2005.
[ Download
- PDF ]
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| Pacific North West Capital: AeroTEM Airborne Survey Results |
2005-05-26
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Vancouver, BC: Pacific North West Capital Corp. (TSX: PFN; OTCBB: PAWEF) is pleased to announce that it has completed evaluation of the AeroTEM airborne results over the Montcalm Mafic Intrusive Complex (MFI), west of Timmins, Ontario.
Click [ here ] to read the full News Release.
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| Aeroquest started its activity in Russia |
2005-05-05
|
Aeroquest International Limited is pleased
to announce that it started its activity in Russia and adjacent countries. We look forward to using our technology to lead clients in these areas.
(Alex Prikhodko, Regional representative)
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| AEROQUEST STARTS TRADING |
2004-11-04
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| Aeroquest International Limited (AQL), the parent of wholly owned subsidiary of Aeroquest Limited, began trading as AQL on the TSX Venture Exchange (TSX-V : AQL) on November 4, 2004.
AQL has the same management and board of directors as Aeroquest Limited. AQL raised $4 millon on October 28, 2004 by selling 2 millon shares at $2.00 each through agents Research Capital Corporation and Haywood Securities Inc. AQL has 15,829,162 shares outstanding, following this financing and the conversion of the $2.25 millon debenture in Aeroquest Limited into AQL shares. For the detailed press release, please click on www.sedar.com
With this financing, AQL through its operating subsidiary Aeroquest Limited is well positioned to continue to develop the best EM airborne survey technology for its clients.
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| Final Prospectus Filed |
2004-09-29
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PICorp Capital Ltd. filed its Final Prospectus on September 28, 2004, available for viewing at www.sedar.com. The transaction with Aeroquest Limited is expected to close on 19 October, 2004, at which time PICorp Capital Ltd.'s name will be changed to Aeroquest International Limited. Aeroquest International Limited will own 100% of Aeroquest Limited.
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| Preliminary Prospectus Filed |
2004-08-25
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A preliminary prospectus has been filed and may be viewed at www.sedar.com
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| Aeroquest Going Public |
2004-08-09
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In order to better serve its clients by continuously investing in new technology, Aeroquest is going public in August 2004. To accomplish this objective, Aeroquest is completing a transaction with PI Corp Capital Ltd., a capital pool company, which is already public on the TSX Venture Exchange. For more information, please see the official press release.
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| CCNMatthews: Mustang Minerals Advances Nickel Potential at Bannockburn |
2004-06-14
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Mustang Minerals (TSXV: MUM) is pleased to announce further exploration results and progress from the Bannockburn Property. Drilling has intersected and confirmed the nickel potential of a second channel of nickel mineralization...
Click [ here ] to read full press release.
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Financial Statments
Download Annual Report Stub Year 2007 (PDF)
Previous Reports
Download Annual Report 2007 (PDF)
Download Annual Report 2006 (PDF)
| Key Facts: |
| Symbol |
AQL:tsx.v |
| Year End: |
September 30 |
| Share Data: |
| Shares Issued/Outstanding: |
15,840,273 |
| Listed: |
October 28, 2004 |
Documents at Sedar.com
Investors Relations
Roy T. Graydon, CEO
Aeroquest International Limited
Ph. +1 (905) 672-9129 |
Content and graphics copyright © 2005 by Aeroquest Limited. All rights reserved.
