McCully

Windings Inc. Announces the Acquisition of McCully Corporation

Retrieved on: 
Freitag, Dezember 2, 2022
ISO9001, McCully, Marketing, Engineering, Multimedia, Renewable energy, Electric motor, Electromagnetic coil

NEW ULM, Minn., Dec. 2, 2022 /PRNewswire/ -- WINDINGS INC is a leading global manufacturer of precision engineered motors and motor components and has been a provider of electromagnetic motor solutions for over 50 years. 

Key Points: 
  • Windings acquired McCully on November 30th, 2022 and represents an opportunity for Windings to better serve our customers in target industries on the West Coast.
  • Windings acquired McCully on November 30th, 2022 to better serve our customers in target industries on the West Coast.
  • Similar to Windings, McCully is ISO9001/AS9100 certified and manufactures electro-magnetic parts used by leading international companies in space, defense, and commercial aircraft industries.
  • McCully shares Winding's commitment to quality and aligns well with Windings' strong employee centered culture.

Headwater Exploration Inc. (formerly Corridor Resources Inc.) Announces Closing of Financing and Appointment of Former Raging River Management Team

Retrieved on: 
Mittwoch, März 4, 2020
Corporate finance, Options, Warrant, McCully

Pursuant to the Non-Brokered Private Placement, the New Management Team, together with additional subscribers identified by the New Management Team, purchased 21,739,130 Units at a price of $0.92 per unit for aggregate gross proceeds of $20.0 million.

Key Points: 
  • Pursuant to the Non-Brokered Private Placement, the New Management Team, together with additional subscribers identified by the New Management Team, purchased 21,739,130 Units at a price of $0.92 per unit for aggregate gross proceeds of $20.0 million.
  • The Warrants will vest and become exercisable in accordance with the terms set forth in the press release of the Company dated January 13, 2020.
  • The New Management Team has been actively evaluating numerous opportunities targeting light, medium and heavy oil throughout the Western Canadian Sedimentary basin.
  • Headwater plans to continue the Companys previous strategy of production optimization of the McCully gas field in New Brunswick.