StreetInsider.com News Articles

Novra Announces Closing of Second SNAPS Convertible Loan Agreement

Tue, 12 May 2026 17:10:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - May 12, 2026) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is issuing this notice to announce the closing of the US $3.2 million convertible loan agreement with SNAPS Holding Company ("SNAPS") initially announced on February 11, 2026. Under this agreement SNAPS has provided US $3.2 million (CA $4.352 million) for a term of two years with interest at 1% per annum. These funds were received by Novra in January.

Subject to TSX Venture Exchange ("TSX-V") and shareholder approval, this loan can be converted into Novra common shares by either SNAPS or Novra at any time during the term

Novra Announces Closing of Second SNAPS Convertible Loan Agreement

Tue, 12 May 2026 17:10:00 -0400

Subject to TSX Venture Exchange ("TSX-V") and shareholder approval, this loan can be converted into Novra common shares by either SNAPS or Novra at any time during the term

Novra Announces Strategic Initiative to Extend Focus on AIoT Market

Tue, 10 Mar 2026 18:03:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - March 10, 2026) - Novra Technologies Inc. (TSXV: NVI) ("Novra") announces that it is currently seeking out potential strategic partnership opportunities that may include commercial collaboration, joint initiatives, and/or possible acquisitions with companies in the AIoT (Artificial Intelligence of Things) and communications marketplaces.

The key objective is to find opportunities with strategic alignment, complimentary technologies and potential value creation for Novra's shareholders, following the closing of our recent capital raise with SNAPS Holding Company on February 11, 2026. This initiative furthers Novra's on-going strategy to partner or merge with great technology companies in adjacent or complementary

Novra Announces Strategic Initiative to Extend Focus on AIoT Market

Tue, 10 Mar 2026 18:03:00 -0400

Novra Receives US $3.2 Million and a New Loan Agreement Signed with SNAPS

Wed, 11 Feb 2026 17:00:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - February 11, 2026) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is issuing this notice to announce the receipt of an additional US $3.2 million ($4.4 million CAD) from SNAPS Holding Company ("SNAPS"), under the same terms as the convertible loan agreement that was announced September 10, 2024 and expired on December 15, 2025 ("Original Loan"). With the first tranche of US $500 thousand that was received in June 2025, a total of US $3.7 million ($5.0 million CAD) has been received from SNAPS to date and SNAPS has requested that these funds be converted to Novra common shares

Novra Receives US $3.2 Million and a New Loan Agreement Signed with SNAPS

Wed, 11 Feb 2026 17:00:00 -0400

Novra Group's International Datacasting Corporation Selected to Enhance Receiver Management Software for Defence Communications Platform

Thu, 25 Sep 2025 18:00:00 -0400

Ottawa, Ontario--(Newsfile Corp. - September 25, 2025) - International Datacasting Corporation ("IDC"), a subsidiary of Novra Technologies Inc. (TSXV: NVI) (OTCQB: NVRVF) ("Novra"), announced today it has received a new contract and development agreement from a leading SATCOM prime contractor to upgrade and modernize the management and control software used in a longstanding U.S. government communications platform.

This platform, deployed by multiple agencies for mission-critical applications, relies on Novra receivers to provide highly reliable and secure satellite connectivity. The management and control software was originally developed for Novra's proven workhorse, the S300 satellite receiver-which remains a trusted and widely deployed solution-and is now

Novra Group's International Datacasting Corporation Selected to Enhance Receiver Management Software for Defence Communications Platform

Thu, 25 Sep 2025 18:00:00 -0400

Novra Announces Partial Closing and Third Extension of SNAPS Convertible Loan Agreement

Mon, 11 Aug 2025 17:30:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - August 11, 2025) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is issuing this notice to announce the partial closing and a further extension to its binding Convertible Loan Agreement with SNAPS Holding Company ("SNAPS"), which was initially announced on September 10, 2024 and subsequently extended.

As disclosed in previous statements, under this agreement SNAPS will provide US $9 million (CA $12.3 million) for a term of two years with interest at 1% per annum and the first US $500 thousand was received by Novra in June. This loan can be converted into Novra common shares by either SNAPS

Novra Announces Partial Closing and Third Extension of SNAPS Convertible Loan Agreement

Mon, 11 Aug 2025 17:30:00 -0400

Novra Announces First Funds Received Under SNAPS Convertible Loan Agreement

Mon, 16 Jun 2025 18:00:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - June 16, 2025) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is issuing this notice to announce that it has received the first US $500 thousand tranche of funds related to its binding Convertible Loan Agreement with SNAPS Holding Company ("SNAPS"), which was initially announced on September 10, 2024 and subsequently extended. The remainder of the loan is expected to be received in multiple tranches later in June and July.

As disclosed in previous statements, under the agreement SNAPS, which is an arm's-length party, will provide US $9 million (CA $12.3 million) for a term of two years with interest

Novra Announces First Funds Received Under SNAPS Convertible Loan Agreement

Mon, 16 Jun 2025 18:00:00 -0400

As disclosed in previous statements, under the agreement SNAPS, which is an arm's-length party, will provide US $9 million (CA $12.3 million) for a term of two years with interest

Novra Announces Extension of SNAPS Convertible Loan Agreement

Wed, 07 May 2025 18:00:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - May 7, 2025) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is issuing this notice to provide a status update and announce an extension on its binding Convertible Loan Agreement ("Loan") with SNAPS Holding Company ("SNAPS"), which it initially announced on September 10, 2024 and provided further disclosure for on December 19, 2024.

As disclosed in previous statements, under the agreement SNAPS which is an arm's-length party, will provide CAN $12.258 million for a term of two years with interest at 1% per annum. This loan can be converted into Novra common shares by either SNAPS or

Novra Announces Extension of SNAPS Convertible Loan Agreement

Wed, 07 May 2025 18:00:00 -0400

Novra Announces Additional Details on Convertible Loan Agreement

Thu, 19 Dec 2024 17:00:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - December 19, 2024) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is issuing this notice to provide additional specific details and updates related to the binding Convertible Loan Agreement (Loan) it announced on September 10, 2024. As indicated previously, with this agreement a US-based private investment group commits to provide $12.258 million for a term of two years and bearing interest at 1% per annum. The Loan may, at the option of the lender, be convertible into common shares of Novra at $0.34 per share. Novra would also have the right at the end of the term to

Novra Announces Additional Details on Convertible Loan Agreement

Thu, 19 Dec 2024 17:00:00 -0400

Novra Announces Significant Q4 Orders

Tue, 26 Nov 2024 20:42:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - November 26, 2024) - Novra Technologies Inc. (TSXV: NVI) is pleased to announce a series of substantial new orders in the fourth quarter of 2024, marking a strong rebound following a period of weak bookings in the previous three quarters. At the halfway point of our Q4, orders total over $2.3 million, close to the total combined bookings from the first three quarters of 2024.

Several orders were expected earlier in 2024 and slipped into Q4, reflecting an ongoing market trend. Over the past 15 months, due to uncertainties in geopolitics, interest rates, and the US

Novra Announces Significant Q4 Orders

Tue, 26 Nov 2024 20:42:00 -0400

Several orders were expected earlier in 2024 and slipped into Q4, reflecting an ongoing market trend. Over the past 15 months, due to uncertainties in geopolitics, interest rates, and the US

Novra Announces Convertible Loan Agreement of over $12M at $0.34 per Share

Tue, 10 Sep 2024 17:00:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - September 10, 2024) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is pleased to announce that yesterday it entered into a binding non-brokered Convertible Loan Agreement in the aggregate of $12.258 million with a US-based private investment group ("Lender").

Under this Convertible Loan agreement, Lender agrees to loan Novra $12.258 million for a term of up to two years at a fixed interest rate of 1.0% per annum. At its sole discretion, the Lender may elect to convert the outstanding principal balance of the Loan at any time during term to Novra common shares at a rate of

Novra Announces Convertible Loan Agreement of over $12M at $0.34 per Share

Tue, 10 Sep 2024 17:00:00 -0400

Novra Announces Board and Officer Changes

Fri, 06 Sep 2024 18:53:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - September 6, 2024) - Novra Technologies Inc. (TSXV: NVI) ("Novra" or the "Company") today announced changes following the retirement of Mr. Peter J. Wintemute from its Board of Directors.

Mr. Wintemute served as a Director on Novra's Board, as its Chair, and as chair of its audit committee, from June 20, 2003 until his retirement August 22, 2024. Harris Liontas, CEO, stated, "I would like to personally thank Peter for the expertise, insight and dedication he brought to our Board and to our organization as a whole. His positive impact has been felt both internally and

Novra Announces Board and Officer Changes

Fri, 06 Sep 2024 18:53:00 -0400

Novra Group Announces Next-Generation Upgrade for Radio Renascenca in Portugal

Wed, 26 Jun 2024 18:05:00 -0400

Ottawa, Ontario--(Newsfile Corp. - June 26, 2024) - Novra Technologies (TSXV: NVI) (OTCQB: NVRVF) and its subsidiary, International Datacasting Corporation (IDC), are pleased to announce receipt of an order from longtime customer Radio Renascença in Portugal to upgrade its network. This upgrade will refresh and enhance Radio Renascença's current radio distribution infrastructure with IDC's latest technology MAP Pro Audio receivers.

The new MAP Pro Audio receivers are designed to support modern broadcasting needs with improved efficiency and performance.

Key Features of the MAP Pro Audio Receivers:

Advanced Codecs: Supports new, more efficient codecs, enhancing audio quality and reducing bandwidth requirements.
Livewire AoIP

Novra Group Announces Next-Generation Upgrade for Radio Renascenca in Portugal

Wed, 26 Jun 2024 18:05:00 -0400

Ottawa, Ontario--(Newsfile Corp. - June 26, 2024) - Novra Technologies (TSXV: NVI) (OTCQB: NVRVF) and its subsidiary, International Datacasting Corporation (IDC), are pleased to announce receipt of an order from longtime customer Radio Renascença in Portugal to upgrade its network. This upgrade will refresh and enhance Radio Renascença's current radio distribution infrastructure with IDC's latest technology MAP Pro Audio receivers.
The new MAP Pro Audio receivers are designed to support modern broadcasting needs with improved efficiency and performance.
Key Features of the MAP Pro Audio Receivers:
Advanced Codecs: Supports new, more efficient codecs, enhancing audio quality and reducing bandwidth requirements.
Livewire AoIP

Novra Announces Financial Results for Q4 and the Full Year 2023

Tue, 30 Apr 2024 20:14:00 -0400

Winnipeg, Manitoba--(Newsfile Corp. - April 30, 2024) - Novra Technologies Inc. (TSXV: NVI) ("Novra") has released its financial results for the year ended December 31, 2023. All amounts are in Canadian dollars unless otherwise noted.
Novra's financial performance improved significantly after a slow start to the year and returned to net income profitability for the full year. Although our annual revenue was down by $157 thousand, our net income was $136 thousand, a $610 thousand improvement over the $474 thousand loss in 2022 and our Adjusted EBITDA⁽¹⁾ was $845 thousand.
This improvement is largely a result of strategically reducing