BOOM » Topics » Item 8.01 Other Events.

This excerpt taken from the BOOM 8-K filed Oct 2, 2009.

Item 8.01               Other Events.

 

On October 2, 2009, Dynamic Materials Corporation (“DMC”) issued a press release announcing the acquisition of 100 percent of LRI Oil Tools Inc. (“LRI”) as of October 1, 2009.  LRI, parent company of LRI Perforating Systems Inc., produces and distributes perforating equipment for use by the oil and gas exploration and production industry.  DMC paid cash and stock of approximately US$650,000 for the acquisition, including the issuance of 9,584 shares of DMC  common stock.  DMC intends to invest an additional approximately US$2.2 million into the LRI business to reduce indebtedness and enhance working capital.

 

A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

 

This excerpt taken from the BOOM 8-K filed Jun 13, 2008.

ITEM 8.01   Other Events

 

On June 13, 2008, the Company issued a press release announcing that the Board of Directors of the Company had declared an annual cash dividend of $0.15 per share. The dividend is payable on July 11, 2008, to stockholders of record as of June 27, 2008.

 

A copy of the press release announcing the annual cash dividend is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01

 

Financial Statements and Exhibits.

 

 

 

(d)

 

Exhibits.

 

 

 

 

 

Exhibit Number

 

Description

 

 

 

 

 

 

 

99.1

 

Press release dated June 13, 2008.

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

DYNAMIC MATERIALS CORPORATION

 

 

 

 

 

 

 

 

Dated:  June 13, 2008

 

By:

/s/ Richard A. Santa

 

 

 

Richard A. Santa

 

 

 

Senior Vice President and Chief Financial Officer

 

3



 

EXHIBIT INDEX

 

Exhibit Number

 

Description

 

 

 

99.1

 

Press release dated June 13, 2008.

 

4


This excerpt taken from the BOOM 8-K filed Nov 19, 2007.

Item 8.01               Other Events.

 

On November 16, 2007, the Company issued a press release announcing the acquisition under the Purchase Agreement. A copy of the press release is filed as Exhibit 99.1 and incorporated herein by reference (including, without limitation, the cautionary statements contained in the press release).

 

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