Kraken Reports Q2 2016 Financial Results
Recent Financing Strengthens Balance Sheet for Growth Initiatives ST. JOHN’S, NEWFOUNDLAND, August 30, 2016 /Marketwired/ — Kraken Sonar Inc. (TSX-V: PNG) announced it has filed its financial results for the second quarter ended June 30, 2016. Additional information concerning the Company, including its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) […]
Kraken Announces Closing of Non-Brokered Private Placement
ST. JOHN’S, NEWFOUNDLAND AND LABRADOR–(Marketwired – Aug. 15, 2016) – Kraken Sonar Inc. (TSX VENTURE:PNG) (“Kraken” or the “Company”) is pleased to announce that effective August 12, 2016 it has closed a non-brokered private placement offering (the “Offering”) comprised of 7,159,534 units (the “Units”) at a purchase price of $0.15 per Unit for aggregate gross proceeds […]
On the Cusp of an Undersea Revolution: Shaping New Ways to Deal with the Threat from Mines
Autonomous underwater vehicles (AUVs) promise a radical change in undersea warfare at just the time when conventional technology is becoming less and less affordable throughout the naval world. The greatest threat to warships and commercial shipping is not anti-ship missiles or torpedoes, but rather mines. Potential adversary navies have on the order of 386,000 naval […]
Kraken Named To Marine Technology Top 100
ST. JOHN’S, NEWFOUNDLAND – AUGUST 3, 2016— Kraken Sonar Inc. (TSX-V: PNG) announced that its wholly-owned subsidiary, Kraken Sonar Systems Inc. has again been named by Marine Technology Reporter to the MTR 100 – a list of the 100 most influential companies in the international marine technology marketplace. This is the fourth year in a […]
