UK-based Cobham plans to raise $722.81m through rights issue to reduce its debt.

The rights offering is expected to be completed in the current quarter.

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Cobham’s technology solutions are targeted at military, security and commercial sectors.

"Worth $3.94m, the issue is subject to final approval by TSX Venture Exchange."

FLYHT Aerospace Solutions has announced a private placement of common shares, the proceeds of which will be used for multiple purposes, including repayment of debentures outstanding in June.

Worth $3.94m, the issue is subject to final approval by TSX Venture Exchange.

Pursuant to the offering, a total of 33,333,333 units will be issued at a subscription price of $0.11, in addition to one-half warrant for each unit. The price of common shares that can be purchased through exercising the warrants has been fixed at $0.19 a share.

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The maximum time allowed for exercising the warrants is 24 months.

Airport Technology Excellence Awards - Nominations Closed

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