PRESS RELEASE published on 01/04/2024 at 00:20, 10 months 17 days ago Redishred Capital Corp. Announces the Acquisition of MDK Recycling LLC Redishred Capital Corp announces the successful completion of its acquisition of MDK Recycling LLC, a Michigan-based company offering paper and hard drive shredding, product destruction, paper recycling, and scanning services. The acquisition is expected to significantly contribute to Redishred's cash flows and earnings, allowing the company to expand its shredding and scanning footprint in the United States and enter the Detroit, Michigan market. The purchase price for this acquisition, including earnouts, is estimated to be between $0.5 million and $0.8 million USD, depending on the performance of MDK relative to earn-out targets. For more information about this acquisition, please visit the Redishred website or contact the company's CEO or CFO. Acquisition Redishred Capital Corp MDK Recycling LLC Shredding Services Paper Recycling
PRESS RELEASE published on 12/31/2023 at 17:45, 10 months 20 days ago Redishred Capital Corp. Announces New Stock Option Grants Redishred Capital Corp. (TSX-V:KUT) has recently granted options to certain non-management Directors of the Company as part of their annual retainer for Board compensation. The options allow the Directors to purchase a specified number of common shares at an exercise price of $2.88, with vesting upon execution. The options have a five-year life, expiring on December 28, 2028. Redishred is a pioneer in the mobile document destruction and recycling industry and
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