Armada’s commercial finance reaches new high.
February 8, 2021

Armada’s commercial finance reaches new high.

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has reached an all-time high of its commercial finance operations. Record Monthly Invoice Portfolio: Our “high margin small ticket” invoice portfolio reached an all-time high of US$8,708,202.13 up from US$7,368,805.97 in December. The continued growth in business is attributable to ongoing demand for capital to fund … Read More

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ZeroNox seeking to enter public markets
February 2, 2021

ZeroNox seeking to enter public markets

Zero Nox, Inc. (“Zero Nox”), an affiliated (approximately 10%) ownership portfolio company of Armada Mercantile Ltd. (Symbol: AAMTF), is seeking to enter the US public markets by way of a NASDAQ listing or merger with a Special Purpose Vehicle or “SPAC”. Management of Armada is working with Zero Nox to facilitate the going public process. … Read More

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Armada’s commercial finance business continues to grow.
November 17, 2020

Armada’s commercial finance business continues to grow.

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has reached an all-time high of its commercial finance operations. Record Monthly Invoice Portfolio: The “high margin small ticket” invoice portfolio reached an all-time high of US$$7,852,957.77 up from US$7,071,104.99 in October. October was a good month for invoice collections and fee income, which is a … Read More

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“High Margin Small Ticket” book reaches all-time high
October 6, 2020

“High Margin Small Ticket” book reaches all-time high

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has reached an all-time high of its commercial finance operations. Record Monthly Invoice Portfolio: The “high margin small ticket” invoice portfolio reached an all-time high of US$7,071,104.99 up from US$5,932,690.32 in September. September was an average month for invoice collections and fee income, which is normal … Read More

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ZeroNox Backlog Orders and California Voucher Program
August 21, 2020

ZeroNox Backlog Orders and California Voucher Program

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) announces certain updates regarding Zero Nox, Inc. (“Zero Nox”), our affiliated (approximately 10%) ownership portfolio company. Zero Nox is headquartered in the San Joaquin Valley, California and specializes in the development, manufacture and sale of battery technology and its integration into electric vehicles. Zero Nox has … Read More

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Record collections and fee income for July
August 10, 2020

Record collections and fee income for July

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has increased the size and income of its commercial finance operations. Monthly Collections: July was a record month for invoice collections and fee income for the “small ticket” invoice portfolio, which is $5,932,690.32. During the month invoice collections reached US$3,926,343.30 and total discount fee income was … Read More

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Size and Income Increases and Dividend
July 15, 2020

Size and Income Increases and Dividend

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) has increased the size and income of its commercial finance operations. Monthly Collections: June was a record month for invoice collections and fee income. During the month invoice collections reached US$2,752,638.34 and total paid discount fee income was US$125,814.62. At this point, we have not seen … Read More

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Update of Commercial Finance Operations
May 15, 2020

Update of Commercial Finance Operations

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) would like to provide a short update to shareholders regarding its commercial finance operations. Monthly Collections: April was a good month for invoice collections and fee income. During the month invoice collections reached US$2,363,226.02 and total paid discount fee income was US$114,893.49. At this point, we … Read More

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Armada Update to Shareholders
April 2, 2020

Armada Update to Shareholders

Armada Mercantile Ltd., (Symbol: CSE: ARM and USOTC: AAMTF) would like to provide a short update to shareholders regarding its commercial finance operations. Monthly Collections: March was a good month for invoice collections. On a scale of 1 – 10 (1 being low collections during the month and 10 being our best month ever), the … Read More

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Exclusive Worldwide License for Aquaborne
March 26, 2020

Exclusive Worldwide License for Aquaborne

Aquaborne, LLC (“Aquaborne”), an affiliated 20% ownership portfolio company Armada Mercantile Ltd., (Symbol: AAMTF), has acquired the exclusive worldwide license for a proprietary fish skin treatment technology. The license provides the technical knowledge for the treatment of sturgeon and other aquatic skins into commercially viable leather. Aquaborne plans to utilize the licensed technology to manufacture, … Read More

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