Form 8-K

8-K — Loop Industries, Inc.

Accession: 0001437749-26-018618

Filed: 2026-05-28

Period: 2026-05-27

CIK: 0001504678

SIC: 2800 (CHEMICALS & ALLIED PRODUCTS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — loop20260206_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex_918120.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: loop20260206_8k.htm · Sequence: 1

loop20260206_8k.htm

false

0001504678

2026-05-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

May 27, 2026

LOOP INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-38301

27-2094706

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

480 Fernand-Poitras

Terrebonne, Quebec, Canada, J6Y 1Y4

(Address of principal executive offices, including zip code)

(450) 951-8555

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0001 per share

LOOP

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On May 27, 2026, Loop Industries, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter of fiscal year ending February 28, 2026. A copy of the Company’s press release is attached hereto as Exhibit 99.1.

The information in this Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Number

Description

99.1

Press Release, dated May 27, 2026, announcing financial results for the fourth quarter of fiscal year ending February 28, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

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.

LOOP INDUSTRIES, INC.

Date: May 27, 2026

By:

/s/ Spencer Hart

Spencer Hart

Chief Financial Officer and Director (Principal financial officer and principal accounting officer)

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex_918120.htm · Sequence: 2

ex_918120.htm

EXHIBIT 99.1

LOOP INDUSTRIES REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2026

RESULTS AND PROVIDES UPDATE ON BUSINESS DEVELOPMENTS

●

The Company continues to build on strategic partnerships in India and Europe

Memorandum of Understanding with Gujarat government supports development of India project

Engineering services at India project progress and total cost is now estimated at $165-$170 million, representing a reduction from prior estimate of $190 million

Licensed European facility with Reed Societe Generale continues to progress following site selection and expected to generate engineering fees for Loop

●

Expense reduction initiatives lower corporate overhead

LOOP MANAGEMENT TO HOLD UPDATE CALL AT 8:45 AM ET ON THURSDAY, MAY 28, 2026

MONTREAL, QUEBEC / ACCESS Newswire / May 27, 2026 — Loop Industries, Inc. (Nasdaq: LOOP) (the “Company,” “Loop,” “we,” “us,” or “our”), today reported its consolidated financial results for the fourth quarter and full year of fiscal year 2026. Key updates from the fourth quarter and full-year fiscal 2026 results highlight continued progress in global project deployment, enhanced cost-efficiency, and strategic regional partnerships.

Infinite Loop™ India

Government support facilitates commercial development: Loop’s India JV has signed a memorandum of understanding with the government of Gujarat providing formal alignment to support the development of Loop’s first large-scale commercial manufacturing platform. The agreement is expected to streamline permitting, infrastructure coordination, and administrative processes, reinforcing a clear path forward and enabling a phased expansion strategy at the site which is capable of supporting multiple facilities.

Lower estimated capital cost improves project economics: Due to favorable foreign exchange movements, ongoing procurement refinements, and land cost optimizations, the estimated capital cost for the initial India facility is expected to be approximately $165–170 million, compared to prior estimates of approximately $190 million. The Company expects the Infinite Loop™ India facility to be operational in calendar 2028.

Project debt financing for India JV: The debt syndication process for financing the construction of the India facility is progressing, with term sheets having been received from international banks who are moving into the technical due diligence stage of the process.

Infinite Loop Europe

As previously announced, Infinite Loop Europe, our European JV with Reed Societe Generale Group which purchased a license to build a European facility using Loop’s technology, has selected BASF Industriepark Lausitz in Schwarzheide, Germany, as the site for its first facility. This location provides a number of benefits including world class industrial infrastructure and a supportive regulatory environment aimed at strengthening the EU plastics recycling sector. Following this site selection, the project is moving into the engineering and permitting phase which is expected to generate engineering services revenue for Loop.

Operational Efficiency Initiatives

To support its commercial-scale deployment, Loop has systematically evaluated its corporate overhead through targeted expense reduction initiatives:

Non-Dilutive Government Funding: Loop is receiving advisory services and up to C$2.92 million in non-repayable funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) through its Clean Technology initiative. Extending through October 2027, this capital directly supports operational readiness and industrial innovation.

Organizational Realignment: The Company is continuing to shift resources away from early stage technology development to commercial execution, resulting in a streamlined headcount and reduced corporate overhead.

Cost controls: Loop has initiated an effort to review vendor contracts and conduct service audits across key fixed overhead expenses, yielding material savings in areas such as insurance.

CEO Comment

“We are making excellent progress on our global growth strategy by advancing our key partnerships in both India and Europe. Our Memorandum of Understanding with the Gujarat government provides a strong foundation for our Indian project. Through rigorous optimization and execution, we have successfully reduced the estimated total cost of this project to $165–$170 million, down from our prior $190 million estimate, representing a significant capital savings,” said Daniel Solomita, Loop’s Founder and Chief Executive Officer.

“Meanwhile, our European licensing agreement with Reed Société Générale Group continues to meet key milestones following the selection of the BASF Industriepark Lausitz in Schwarzheide, Germany. This project now moves into the execution phase beginning with Loop’s engineering team providing the pre-feasibility study. This, combined with our ongoing corporate expense reduction initiatives to lower overhead, has Loop operating leaner and with a clear path toward commercializing our technology globally."

Corporate Update Call

Senior Management of Loop will host a corporate update call, followed by a question-and-answer session, which can be accessed via the dial-in numbers below.

Date: Thursday, May 28, 2026

Time: 8:45 am Eastern Time

Participant joining details (by Telephone):

Joining by Telephone:

United States (Local): +1 646 307-1963

United States (Toll-Free): +1 800 932-3411

Access Code: 23860

Registration Link: https://registrations.events/direct/Q4I23860681

- Avoid wait time - Bypass speaking with an operator to join the call

- Receive a Calendar Invitation with call access details including your unique PIN

Results of Operations

Fourth Quarter Ended February 28, 2026

The following table summarizes our operating results for the three-month periods ended February 28, 2026 and February 28, 2025, in thousands of U.S. Dollars.

Three months ended

February 28,

Change

2026

2025(1)

favorable / (unfavorable)

Revenues

Technology licensing

10,395

(10,395

)

Products

(46

)

Services

176

368

(192

)

Total revenues

176

10,809

(10,633

)

Cost of Services

191

218

Total Cost of Services

191

218

Expenses

Research and development

Employee compensation

103

468

365

Stock-based compensation

104

Plant and laboratory operating expenses

274

193

(81

)

External engineering

113

Machinery and equipment expenditures

Other

190

175

Total research and development

480

1,088

608

General and administrative

Professional fees

382

570

188

Employee compensation

105

148

Stock-based compensation

418

185

(233

)

Insurance

302

450

148

Other

179

221

Total general and administrative

1,386

1,574

188

Depreciation and amortization

126

Total expenses

1,960

2,788

828

Loss on equity method investment

353

687

334

Interest and other financial expenses

430

329

(101

)

Interest income

(24

)

(83

)

(59

)

Foreign exchange gain

(31

)

(12

)

Total other loss

728

921

193

Net (loss) income

(2,703

)

6,882

(9,585

)

(1) Certain comparative figures have been reclassified to conform to the current year presentation, including the introduction of a cost of services line item causing reclassifications out of research and development employee compensation and external engineering expenses. These reclassifications had no impact on the previously reported net loss and comprehensive loss.

Revenues

Revenues for the three-month period ended February 28, 2026 decreased $10,633 to $176 as compared to $10,809 for the same period in 2025. The revenues for the three-month period ended February 28, 2026 resulted from $176 in engineering fees. The revenues of $10,809 for the three-month period ended February 28, 2025 resulted from royalty from Reed Societe Generale Group, engineering fees and sales of Loop™ PET resin.

Cost of Services

Cost of Services for the three-month period ended February 28, 2026 decreased $27 to $191 compared to $218 for the same period in 2025.

Research and Development

Research and development expenses for the three-month period ended February 28, 2026 decreased $608 to $480, as compared to $1,088 for the same period in 2025. The decrease was primarily attributable to a $365 decrease in employee compensation expenses, a $175 decrease in other, mainly legal fees, and an $89 decrease in external engineering.

General and administrative expenses

General and administrative expenses for the three-month period ended February 28, 2026 decreased $188 to $1,386, as compared to $1,574 for the same period in 2025. The decrease was primarily attributable to a decrease of $188 in professional fees, mainly legal fees, a decrease of $148 in insurance expenses, offset by an increase of $233 in stock-based compensation.

Loss on equity accounted investment

Loss on equity accounted investment decreased by $334 for the three-month period ended February 28, 2026. This loss relates to the Company’s 50% portion of the loss incurred by the India JV for the three-month period ended February 28, 2026, during which the India JV incurred preliminary project costs for the planned Infinite Loop™ facility in India, which are mainly engineering fees.

Net Loss

The net income for the three-month period ended February 28, 2026 decreased $9,585 to a loss of $2,703 in the period, as compared to a net income of $6,882 for the same period in 2025. The decrease was primarily due to the decrease of $10,633 in revenues, which was partially offset by the decrease of $608 in research and development expenses, the decrease of $188 in general and administrative expenses and the decrease of $334 in loss on equity accounted investment.

Fiscal Year Ended February 28, 2026

The following table summarizes our operating results for the years ended February 28, 2026 and February 28, 2025, in thousands of U.S. Dollars.

Years ended

February 28,

Change

2026

2025(1)

favorable / (unfavorable)

Revenues

Technology licensing

10,395

(10,395

)

Products

126

(118

)

Services

506

368

138

Total revenues

514

10,889

(10,375

)

Cost of services

381

218

(163

)

Total cost of services

381

218

(163

)

Expenses

Research and development

Employee compensation

1,877

3,115

1,238

Stock-based compensation

490

471

(19

)

Plant and laboratory operating expenses

836

870

External engineering

1,477

1,381

Machinery and equipment expenditures

Other

171

649

478

Total research and development

3,472

6,646

3,174

General and administrative

Professional fees

1,512

3,428

1,916

Employee compensation

1,516

1,942

426

Stock-based compensation

963

881

(82

)

Insurance

1,604

1,871

267

Other

810

1,106

296

Total general and administrative

6,405

9,228

2,823

Impairment of equipment

8,460

Depreciation and amortization

384

524

140

Total expenses

10,261

24,858

14,597

Loss on equity method investment

763

687

(76

)

Interest and other financial expenses

1,703

618

(1,085

)

Interest income

(236

)

(238

)

Foreign exchange gain

(59

)

(197

)

(138

)

Total other loss

2,171

870

(1,301

)

Net loss

(12,299

)

(15,057

)

2,758

Revenues

Revenues for the year ended February 28, 2026 decreased $10,375 to $514, as compared to $10,889 for the same period in 2025. The revenues for the year ended February 28, 2026 resulted from $506 in engineering fees and $8 from sales of Loop™ PET resin produced using monomers manufactured at the Terrebonne Facility. The revenues of $10,889 for the year ended February 28, 2025 resulted from $10,395 in licensing revenue from the up-front royalty received from Reed Societe Generale Group, $368 in engineering fees and $126 from sales of Loop™ PET resin produced using monomers manufactured at the Terrebonne Facility.

Cost of Services

Cost of Services for the year ended February 28, 2026 increased by $163 to $381 compared to $218 for the same period in 2025.

Research and Development

Research and development expenses for the year ended February 28, 2026 decreased by $3,174 to $3,472, as compared to $6,646 for the same period in 2025. The decrease was primarily attributable to a $1,381 decrease in external engineering expenses, a $1,238 decrease in employee compensation expenses and a $478 decrease in other, mainly legal fees.

General and administrative expenses

General and administrative expenses for the year ended February 28, 2026 decreased $2,823 to $6,405, as compared to $9,228 for the same period in 2025. The decrease was primarily attributable to a $1,916 decrease in legal fees, a decrease of $426 in employee compensation expenses, a decrease of $296 in other expenses and a decrease of $267 in insurance expenses.

Impairment of equipment

Impairment of equipment expense decreased by $8,460 for the year ended February 28, 2026. The impairment was fully recognized in the year ended February 28, 2025 and the agreement with the joint venture between the Company and SKGC was terminated. There are no future plans to construct and operate an Infinite Loop™ manufacturing facility in Ulsan, South Korea. As a result, there is no impairment to be recognized in the year ending February 28, 2026.

Loss on equity accounted investment

Loss on equity accounted investment increased by $76 for the year ended February 28, 2026. This loss relates to the Company’s 50% portion of the loss incurred by the India JV for the year ended February 28, 2026, during which the India JV incurred preliminary project costs for the planned Infinite Loop™ facility in India, which are mainly engineering fees.

Net Loss

The net loss for the year ended February 28, 2026 decreased $2,758 to $12,299, as compared to $15,057 for the same period in 2025. The decrease was primarily due to $8,460 decrease in impairment of equipment, the $3,174 decrease in research and development expenses, the $2,823 decrease in general and administrative expenses, which were offset by a $10,375 decrease in revenue and by $1,085 increase in interest and other financial expenses.

Loop Industries, Inc.

Condensed Consolidated Balance Sheets

(in thousands of U.S. dollars, except per share data)

As at

February 28,

2026

2025

Assets

Current assets

Cash and cash equivalents

2,356

12,973

Accounts receivable

755

639

Inventories

Prepaid expenses

495

158

Total current assets

3,606

13,852

Equity method investments

1,478

1,281

Property, plant and equipment, net

1,699

1,737

Intangible assets, net

1,776

1,708

Total assets

8,559

18,578

Liabilities and Stockholders' (Deficit) Equity

Current liabilities

Accounts payable and accrued liabilities

1,916

3,545

Unearned revenue

234

102

Current portion of long-term debt

605

312

Total current liabilities

2,755

3,959

Due to customer

900

832

Series B Convertible Preferred stock

12,054

10,647

Long-term debt

2,430

2,773

Total liabilities

18,139

18,211

Stockholders' (Deficit) Equity

Common stock par value $0.0001; 250,000,000 shares authorized; 48,337,555 shares issued and outstanding (2025 – 47,620,263)

Additional paid-in capital

195,934

193,529

Accumulated deficit

(204,326

)

(192,027

)

Accumulated other comprehensive loss

(1,193

)

(1,140

)

Total stockholders' (deficit) equity

(9,580

)

367

Total liabilities and stockholders' (deficit) equity

8,559

18,578

Loop Industries, Inc.

Condensed Consolidated Statements of Operations and Comprehensive Loss

(in thousands of U.S. dollars, except for share data)

Years Ended

February 28,

2026

2025

Revenues:

Technology licensing

10,395

Products

126

Services

506

368

Total revenues

514

10,889

Cost of services

381

218

Total cost of services

381

218

Expenses :

Research and development

3,472

6,646

General and administrative

6,405

9,228

Impairment of equipment

8,460

Depreciation and amortization

384

524

Total expenses

10,261

24,858

Other loss:

Loss on equity method investment

763

687

Interest and other financial expenses

1,703

618

Interest income

(236

)

(238

)

Foreign exchange gain

(59

)

(197

)

Total other loss

2,171

870

Net loss

(12,299

)

(15,057

)

Other comprehensive loss

Foreign currency translation adjustment

(53

)

(70

)

Comprehensive loss

(12,352

)

(15,127

)

Net loss per share

Basic and diluted

(0.26

)

(0.32

)

Weighted average common shares outstanding

Basic and diluted

47,960,970

47,587,038

Loop Industries, Inc.

Condensed Consolidated Statements of Cash Flows

(in thousands of U.S. dollars)

February 28,

2026

2025

Cash Flows used in Operating Activities

Net loss

(12,299

)

(15,057

)

Adjustments to reconcile net loss to net cash used in operating activities:

Depreciation and amortization

384

524

Stock-based compensation

1,453

1,352

Impairment of machinery & equipment

8,460

Write-down of inventory

130

Accrued interest and other financing costs

1,520

359

Loss on equity method investments

763

687

Changes in operating assets and liabilities:

Accounts receivable and other

(78

)

(322

)

Inventories

(44

)

Prepaid expenses

(328

)

410

Accounts payable and accrued liabilities

(1,743

)

1,350

Unearned revenue

132

102

Net cash used in operating activities

(10,110

)

(2,121

)

Cash Flows used in Investing Activities

Distribution from equity investment

368

Contributions to equity method investments

(960

)

(1,954

)

Additions to intangible assets

(211

)

(450

)

Net cash used in investing activities

(1,171

)

(2,036

)

Cash Flows used in Financing Activities

Proceeds from issuance of series B Convertible Preferred stock

10,395

Proceeds from exercise of stock options

Proceeds from ATM equity offering, net of issuance costs

889

Repayment of long-term debt

(275

)

(77

)

Net cash provided by financing activities

678

10,318

Effect of exchange rate changes

(14

)

(146

)

Net change in cash and cash equivalents

(10,617

)

6,015

Cash and cash equivalents, beginning of year

12,973

6,958

Cash and cash equivalents, end of year

2,356

12,973

Supplemental Disclosure of Cash Flow Information:

Income tax paid

Interest paid

183

257

Interest received

236

307

About Loop Industries

Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from its dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles packaging and textiles such as carpets and clothing, into their base building block monomers DMT and MEG. The monomers are separated, purified and polymerized to create virgin-quality Loop™ & Twist™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ & Twist™ PET can be recycled infinitely without degradation of quality, helping to close the plastic loop. Loop Industries is committed to contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.

Common shares of the Company are listed on the NASDAQ Global Market under the symbol “LOOP.”

For more information, please visit www.loopindustries.com. Follow Loop on X: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop Industries

Follow Twist™ on Instagram: twistbyloop

For More Information:

Investor Relations:

Kevin C. O’Dowd, Investor Relations

Loop Industries, Inc.

+1 617-755-4602

kodowd@loopindustries.com

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and as defined in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, ability to improve and expand our technology and commercial capabilities, competition, expected activities, timelines, and expenditures as we pursue our business plan, the adequacy of our available cash resources, regulatory compliance, plans for future growth and future operations; anticipated capital requirements, milestones and timelines, and capacity projections for our India JV and European partnership initiatives; the structure, financing, and expected benefits of our licensing and joint venture arrangements; progress on off-take negotiations and related revenue potential; the expected efficiency, scalability, and cost advantages of our proposed modular approach.. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Actual results may differ materially from the projections discussed in these forward-looking statements. The economic environment within which we operate could materially affect our actual results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. These risks and other factors include, but are not limited to, those listed under “Risk Factors.” Additional factors that could materially affect these forward-looking statements and/or projections include, among other things: (i) our ability to commercialize our technology and products, (ii) the status of our relationships with our partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) our ability to continue as a going concern, (vii) engineering, contracting, and building our manufacturing facilities, (viii) our ability to scale, manufacture, and sell our products and to license our technology in order to generate revenues, (ix) our proposed business model and our ability to execute it, (x) our ability to obtain the necessary approvals or satisfy any closing conditions in respect of any of our proposed partnerships, (xi) our joint venture projects and our ability to recover certain expenditures in connection to them, (xii) adverse effects on the Company’s business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xiii) public health issues, such as disease epidemics, which may lead to reduced access to capital markets, supply chain disruptions, and government-imposed business closures, (xiv) war, regional tensions, and economic or other conflicts including trade disputes and increasing protectionist measures that could impact market stability and our business; (xv) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xvi) the outcome of any SEC investigations or class action litigation filed against us, (xvii) our ability to hire and/or retain qualified employees and consultants, (xviii) other events or circumstances over which we have little or no control, and (xix) other factors discussed in Loop’s Annual Report on Form 10-K for the fiscal year ended February 28, 2026 filed with the SEC and in Loop’s subsequent filings with the SEC. More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop’s filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, unless otherwise required by law.

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May 27, 2026

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LOOP INDUSTRIES, INC.

Document, Type

8-K

Document, Period End Date

May 27, 2026

Entity, Incorporation, State or Country Code

Entity, File Number

001-38301

Entity, Tax Identification Number

27-2094706

Entity, Address, Address Line One

480 Fernand-Poitras

Entity, Address, City or Town

Terrebonne

Entity, Address, State or Province

Entity, Address, Country

Entity, Address, Postal Zip Code

J6Y 1Y4

City Area Code

450

Local Phone Number

951-8555

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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No definition available.

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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Name of the City or Town

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ISO 3166-1 alpha-2 country code.

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No definition available.

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Code for the postal or zip code

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Indicate if registrant meets the emerging growth company criteria.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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No definition available.

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Two-character EDGAR code representing the state or country of incorporation.

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Local phone number for entity.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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- Definition

Title of a 12(b) registered security.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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