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.
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.