Zero Nox completes important piece of capital raise.
March 29, 2022

Zero Nox completes important piece of capital raise.

Zero Nox, Inc. (“ZeroNox”) an affiliated (approximately 8% with a valuation of $14,300,000 or .74 cents per share) ownership portfolio company of Armada Mercantile Ltd., (“Armada” CSE: ARM) has completed US$6.2MM of a $15MM capital raise. The completed amount is significant as it represents ample capital to purchase inventory to achieve 2022 financial projections. ZeroNox … Read More

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2021 Beats 2020 in Finance Business and Portfolio Company Capital Gains
January 24, 2022

2021 Beats 2020 in Finance Business and Portfolio Company Capital Gains

Armada Mercantile Ltd., (Symbol: CSE: ARM and OTC: AAMTF) for the year to date 2021, beat 2020 in commercial finance business growth and portfolio company unrealized capital gains. Both categories increased with a record high in total invoices, advances and fee income as well as share values of portfolio companies. Listed below are certain key … Read More

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Record Growth for Commercial Finance Business
November 30, 2021

Record Growth for Commercial Finance Business

Armada Mercantile Ltd., (Symbol: CSE: ARM and OTC: AAMTF) continues to improve its commercial finance business to a record high in total invoices, advances and fee income. Armada would like to provide certain key statistics to shareholders regarding its commercial finance operations. Monthly October Activity: October reached a record month in total outstanding purchased invoices … Read More

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Zero Nox seeks Fourth Round Raise & IPO/SPAC
September 24, 2021

Zero Nox seeks Fourth Round Raise & IPO/SPAC

Zero Nox, Inc. (“ZeroNox”) an affiliated (approximately 8%) ownership portfolio company of Armada Mercantile Ltd., (“Armada” CSE: ARM) is seeking to raise a fourth round of funding in the amount of US$10,000,000 through a Reg. D 506 offering priced at US$10.00 per share. Armada is assisting ZeroNox in the process of going public by way … Read More

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Finance Growth and Key Statistics
September 16, 2021

Finance Growth and Key Statistics

Armada Mercantile Ltd., (Symbol: CSE: ARM and OTC: AAMTF) would like to provide certain key statistics to shareholders regarding its commercial finance operations. Monthly July Activity: July reached a record month in total outstanding purchased invoices in the portfolio, which totaled US$11,507,601.41. During the month, invoice collections were robust at US$6,793,405.67 and total discount fee … Read More

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Armada Appoints Victor Cohen as CEO
July 16, 2021

Armada Appoints Victor Cohen as CEO

Armada Mercantile Ltd., (Symbol: CSE: ARM and OTC: AAMTF) would like to announce the appointment of Victor Cohen as Chief Executive Officer. Victor Cohen is a seasoned financier with excellent skills in evaluating business opportunities, risk, efficiency and profit potential. Mr. Cohen is a founder, funder and managing director who oversees a group of established … Read More

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Armada Releases Year End Financial Results
July 15, 2021

Armada Releases Year End Financial Results

Armada Mercantile Ltd., (Symbol: CSE: ARM and OTC: AAMTF) would like to provide information to shareholders regarding its 2021 February 28th year-end audited financial results. These results were filed on June 30, 2021. 2021 Audited Financial Highlights: Earnings (gain) per share for the year – basic and diluted were 31 cents per share Marketable securities … Read More

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Record growth commercial finance operations.
May 19, 2021

Record growth commercial finance operations.

Armada Mercantile Ltd., (Symbol: CSE: ARM and OTC: AAMTF) would like to provide a update to shareholders regarding its commercial finance operations. Monthly Activity: May has reached a record month in total outstanding invoices for the “high margin” invoice portfolio, which totaled $10,876,388, an increase of $1,435,129, from the prior month of $9,441,259. During the … Read More

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Growth in commercial finance operations.
April 5, 2021

Growth in commercial finance operations.

Armada Mercantile Ltd., (Symbol: CSE: ARM and OTC: AAMTF) would like to provide a update to shareholders regarding its commercial finance operations. Monthly Activity: March reached a record month in total outstanding invoices for the “high margin” invoice portfolio, which totaled $9,441,259.39. During the month invoice collections were robust at US$5,859,670.92 and total discount fee … Read More

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Zero Nox, Inc. Completes US$3MM Capital Raise
March 29, 2021

Zero Nox, Inc. Completes US$3MM Capital Raise

Zero Nox, Inc. (“Zero Nox”) an affiliated (approximately 8%) ownership portfolio company of Armada Mercantile Ltd., (“Armada” CSE: ARM) has completed a third round of funding in the amount of US$3,000,000 through a Reg. D 506 offering. The Offering was completed at a valuation of approximately $56,000,000. Zero Nox is headquartered in Porterville, California. They … Read More

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