13:00:49 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Armada Mercantile Ltd
Symbol ARM
Shares Issued 17,818,134
Close 2018-10-31 C$ 0.39
Market Cap C$ 6,949,072
Recent Sedar Documents

ORIGINAL: Armada Mercantile talks up Oxygen Funding transactions

2018-11-09 13:22 ET - News Release

Received by email:

File: AAR NR ArmadaUSA Oxygen Recent Transactions Nov 9 18.doc

ARMADA MERCANTILE LTD.
9575 Pinehurst Drive
Roseville, CA 95747
Tel: 916-746-0029    
cole@armadamercantile.com 

November 9, 2018

TRADE SYMBOL:  ARM-Canadian Securities Exchange
TRADE SYMBOL: AAMTF-OTC Markets United States

Oxygen Funding, Inc. Recent Transactions  

N E W S      R E L E A S E

Armada Mercantile Ltd., (Symbol: ARM and AAMTF) announces certain recent transactions by Oxygen Funding, Inc. ("Oxygen
--->"), an affiliated ownership company of Armada Group USA, Inc.
Master Franchisor Janitorial Services Company
Cleveland, OH
$200,000 Revenue line of credit providing working capital based on recurring revenue from franchisees.

Consumer Electronics Company
South Bend, IN
$250,000 vendor procurement line of credit paying vendors and suppliers earning early payment discounts and accelerati
--->ng the sales cycle.

Commercial Sanitation Supply Company
La Mesa, California
$250,000 vendor procurement line of credit paying vendors and suppliers earning early payment discounts and accelerati
--->ng the sales cycle.

Garment Manufacturer
Los Angeles, CA
$200,000 vendor procurement line of credit paying vendors and suppliers earning early payment discounts and accelerati
--->ng the sales cycle.

Garment Manufacturer
Los Angeles, CA
$250,000 factoring line of credit providing on-demand working capital support for increased sales growth rates.

Commercial Sanitation Supply Company
La Mesa, California
$350,000 factoring line of credit providing on-demand working capital support for increased sales growth rates.
About Oxygen Funding: Oxygen Funding is a fully licensed trade finance lender (California Finance Lenders & Brokers li
--->cense #603G957) that has been funding commercial businesses since 2007. Oxygen Funding finances clients sourced, under
--->written and serviced by an in-house staff. For more information on Oxygen Funding, please visit: www.oxygenfunding.com
--->.
For more information pertaining to Armada Mercantile Ltd., visit: www.armadamercantile.com. 
                                                                                        "Patrick Cole"   
       President 
Contact Telephone Number: 916-746-0029. This press release may contain forward-looking statements, which are made purs
--->uant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goal
--->s and similar expressions reflecting something other than historical fact are intended to identify forward-looking sta
--->tements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a nu
--->mber of risks and uncertainties. The actual results that the Company achieves may differ materially from any forward-l
--->ooking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any f
--->orward-looking statements in order to reflect events or circumstances that may arise after the date of this news relea
--->se. The risks and uncertainties discussed in documents filed by the Company with the British Columbia, Alberta and Ont
--->ario Securities Commissions.



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