Axis Auto Finance Inc. (T:AXIS*CA)

Business Focus: Personal & Car Loans

Feb 20, 2024 09:57 am ET
Axis Initiates a Strategic Review
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a fintech lender changing the way Canadians finance used vehicles, announces that it has initiated a review of strategic alternatives to maximize shareholder value and in connection therewith has formed a special committee of independent directors (the "Special Committee") to ove
Feb 14, 2024 08:30 am ET
Axis Reports Q2 2024 Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the second quarter of fiscal 2024 ending December 31, 2023.
Dec 21, 2023 12:17 pm ET
Axis Announces Results of Director Election
Axis Auto Finance Inc. ("Axis" or the "Company") [TSX: AXIS] reports in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated November 10, 2023 for the 2023 Annual General Meeting of Shareholders (the "Meeting") were elected as direc
Nov 15, 2023 09:23 am ET
Axis Reports Q1 2024 Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the first quarter of fiscal 2024 ending September 30, 2023.
Sep 15, 2023 05:01 pm ET
Axis Reports Q4 and 2023 Fiscal Year Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the fourth quarter and the 2023 fiscal year.
Sep 11, 2023 05:01 pm ET
Axis Provides Business Update and Announces Closing of $2.67 Million Private Placement of Unsecured Subordinated Debentures
Axis Auto Finance Inc. ("Axis" or the "Company") [TSX: AXIS], a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to provide a business update and announce the closing of a private placement (the...
May 12, 2023 05:00 pm ET
Axis Reports Q3 Fiscal 2023 Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the third quarter of fiscal 2023, ending March 31, 2023.
Feb 14, 2023 08:00 am ET
Axis Reports Q2 Fiscal 2023 Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the second quarter of fiscal 2023, ending December 31, 2022.
Jan 26, 2023 08:30 am ET
Axis Announces Auto Loan Portfolio Purchase
Axis Auto Finance Inc. (“Axis” or the “Company”), (TSX: AXIS) a fintech lender servicing the alternative auto finance market, announced today that it has purchased a portfolio of auto loans (“Portfolio”) from an Ontario based competitor (“Vendor”).
Dec 16, 2022 08:30 am ET
Axis Announces Results of Director Election
Axis Auto Finance Inc. ("Axis" or the "Company") [TSX: AXIS], a financial technology company changing the way Canadians purchase and finance used vehicles, reports in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated November 1, 2022 for the 2022 A
Nov 24, 2022 09:35 am ET
Axis Auto Announces Intention to Make Normal Course Issuer Bid
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Axis of its intention to make a Normal Course
Nov 15, 2022 08:00 am ET
Axis Reports Q1 Fiscal 2023 Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the first quarter of fiscal 2023, ending September 30, 2022.
Nov 02, 2022 08:00 am ET
Axis Announces Expansion of its Funding Facilities
Axis Auto Finance Inc. (“Axis” or the “Company”), (TSX: AXIS) a fintech lender servicing the alternative auto finance market and commercial equipment finance market, announced today that it has renewed its $120 million senior secured credit facility that supports its auto finance business, while also expanding its funding facili
Sep 15, 2022 08:30 am ET
Axis Reports Record Fiscal 2022 Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced record financial results for the fiscal year ended June 30, 2022.
Aug 04, 2022 07:44 pm ET
Axis Announces Amendments to 7.5% Extendible Unsecured Convertible Subordinated Debentures
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced that it intends to extend the maturity date of its 7.5% Extendible Unsecured Convertible Subordinated Debentures (the "Debentures") unt
Jul 06, 2022 08:00 am ET
Pivotal Capital Secures $55 Million in Funding Facilties
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a fintech lender servicing the alternative auto finance market, announced today that its wholly owned subsidiary, Pivotal Capital Corp. (“Pivotal”) has secured an additional Funding Facility (the “Facility”) with Mitsubishi HC Capital Canada, Inc. (“
May 10, 2022 08:30 am ET
Axis Reports Third Quarter Financial Results
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced its third quarter financial results for the period ending March 31, 2022.
May 04, 2022 08:30 am ET
Axis Auto Loan Portfolio Surpasses $200 million
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced that it has broken its single day loan originations record and has surpassed $200 million in Auto Loan Portfolio balances.
Apr 19, 2022 08:30 am ET
Axis Appoints Ian Anderson, President of Westlake Financial, to the Board
Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to announce the appointment of Ian Anderson, President of Westlake Financial, to the Board of Directors.
Apr 07, 2022 11:00 am ET
Axis Auto Finance Inc. Opens the Market
TORONTO, April 7, 2022 /CNW/ - Todd Hudson and Ilja Troitschanski of Axis Auto Finance Inc. ("Axis" or the "Company") (TSX: AXIS) and their team joined David Chelich, Sector Head, Business Development, Toronto Stock Exchange, to celebrate the company's graduation to Toronto Stock Exchange and open the market.
Apr 06, 2022 10:36 pm ET
Axis Announces Listing on the Toronto Stock Exchange and Provides Business Update
TORONTO, April 6, 2022 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company") (TSXV: AXIS), is pleased to announce that, effective at the opening of trading on April 7, 2022, the Company's common shares will trade on the Toronto Stock Exchange under the symbol "AXIS".  Effective at the end of trading on April 6, 2022, the Common Shares will be de-listed from the TSX Venture Exchange. 
Mar 31, 2022 08:30 am ET
Axis Appoints Jim Nikopoulos to the Board
TORONTO, March 31, 2022 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company") (TSXV: AXIS), a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to announce the appointment of Jim Nikopoulos to the Board of Directors. Mr. Nikopoulos will replace Gerry Thom who has retired from the Board.
Feb 16, 2022 07:00 am ET
AXIS REPORTS RECORD SECOND QUARTER FINANCIAL RESULTS
Record originations and loan portfolio balance drive record revenue Strong balance sheet in place to support growth momentum and strategy TORONTO, Feb. 16, 2022 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company") (TSXV: AXIS), a financial technology company changing the way Canadians purchase and finance used vehicles, is pleased to announce its fiscal second quarter results for the period ending December 31, 2021. 
Nov 24, 2021 07:00 am ET
Axis Announces Record Results for Q1 Fiscal 2022 & Launches Normal Course Issuer Bid
TORONTO, Nov. 24, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company") (TSXV: AXIS), a financial technology company changing the way Canadians buy and finance used vehicles, announced record results for the first quarter of fiscal 2022, ending September 30, 2021. 
Nov 12, 2021 05:18 pm ET
Press Release Regarding Acquisition of Axis Auto Finance Inc. Common Shares
MISSISSAUGA, ON, Nov. 12, 2021 /CNW/ - Westlake Services, LLC ("Westlake"), a wholly-owned subsidiary of Nowlake Technology, LLC ("Nowlake") announced on November 12, 2021 that it has acquired (the "Acquisition") an aggregate of 30,000,000 common shares ("Common Shares") at $0.50 per Common Share of Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS), representing approximately 23% of the issued and outstanding Common Shares pursuant to the private placement of Axis disclosed in the Company's press release dated October 19, 2021 and filed on SEDAR (www.sedar.com).
Nov 12, 2021 04:00 pm ET
Axis Announces the Closing of the $15 million Strategic Investment by NowLake Technology, LLC
MISSISSAUGA, ON, Nov. 12, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company") (TSXV: AXIS), a financial technology company changing the way Canadians buy and finance used vehicles, is pleased to announce that it has completed the previously announced strategic investment of $15,000,000 worth of common shares of the Company at a price of $0.50 (the "Offering") by NowLake Technology, LLC ("NowLake"), the fintech parent company of Westlake Technology Holdings and Nowcom Corporation.
Nov 11, 2021 07:00 am ET
Axis Launches DriveAxis.ca an E-Commerce Platform Transforming the Way Customers Purchase and Finance Used Cars from Home
MISSISSAUGA, ON, Nov. 11, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company") (TSXV: AXIS), a financial technology company changing the way Canadians buy and finance used vehicles, announced today the launch of DriveAxis.ca, a Direct-To-Consumer portal enabling customers to purchase and finance their vehicles without leaving home.
Nov 02, 2021 08:00 am ET
Axis Announces Expansion of Senior Credit Facility to $120 Million
MISSISSAUGA, ON, Nov. 2, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced today that it has expanded its senior secured credit facility, lowered its borrowing costs and increased the advance rate on the facility. 
Oct 19, 2021 08:00 am ET
Axis Announces $15 million Strategic Investment by NowLake Technology, LLC
MISSISSAUGA, ON, Oct. 19, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced a $15 million strategic investment (the "Offering") by NowLake Technology, LLC ("NowLake"), the fintech parent company of Westlake Technology Holdings and Nowcom Corporation. 
Sep 16, 2021 08:00 am ET
Axis Announces Record Results for Fiscal 2021
MISSISSAUGA, ON, Sept. 16, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced record results for the fiscal year ended June 30, 2021. 
Jun 23, 2021 08:00 am ET
Axis Adds a Big 5 Bank to Funding Syndicate
MISSISSAUGA, ON, June 23, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced today that it has added a Big 5 Canadian Bank ("Bank") to the Funding Syndicate that provides the Company's senior secured debt facility.     
Jun 14, 2021 05:00 pm ET
Pivotal Capital Secures Senior Funding Facility
MISSISSAUGA, ON, June 14, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced today that its wholly owned subsidiary, Pivotal Capital Corp. ("Pivotal") has secured a Funding Facility (the "Facility") with a Canadian Schedule 1 Bank.
Jun 02, 2021 08:00 am ET
Axis Re-Finances $8.4 million Bulk Loan Facility
MISSISSAUGA, ON, June 2, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced today the re-financing of a $8.4 million Bulk Loan facility ("Facility").     
May 27, 2021 08:00 am ET
Axis Announces Results for Q3 Fiscal 2021
MISSISSAUGA, ON, May 27, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced record results for the third fiscal quarter ended March 31, 2021.
Feb 25, 2021 07:00 am ET
Axis Announces Results for Q2 Fiscal 2021
MISSISSAUGA, ON, Feb. 25, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced record results for the second quarter of fiscal 2021 ending December 31, 2020. 
Jan 07, 2021 08:17 am ET
Axis Announces Expansion of Senior Credit Facility to $100 Million
MISSISSAUGA, ON, Jan. 7, 2021 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a technology-driven alternative auto finance company, announced that it has expanded its senior secured credit facility and lowered its borrowing costs.
Nov 30, 2020 07:30 am ET
Axis Announces Record Results for Q1 Fiscal 2021
MISSISSAUGA, ON, Nov. 30, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a technology-driven  alternative automotive finance company, announced record results for the first quarter of fiscal 2021 ending September 30, 2020. 
Oct 08, 2020 08:00 am ET
Axis Sets Single Day Originations Record at $1.75 million
TORONTO, Oct. 8, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded alternative automotive finance company, today announced that it has set a sales record by originating $1.75 million in new loans in a single day.
Oct 02, 2020 08:00 am ET
Axis Announces Record Fiscal 2020 Results
TORONTO, Oct. 2, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the fiscal year ending June 30, 2020.
Sep 18, 2020 07:00 pm ET
Axis Announces a Board of Directors Change
TORONTO, Sept. 18, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, announced today that Jordan Zinberg has resigned from it's Board of Directors.
Aug 04, 2020 08:00 pm ET
Axis Announces Renewal of Senior Credit Facility
TORONTO, Aug. 4, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, is pleased to announce that it has renewed it's senior secured credit facility through December 31, 2020.
May 27, 2020 08:00 am ET
Axis Announces Record Revenue and Originations for Q3 Fiscal 2020
TORONTO, May 27, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for its fiscal third quarter ending March 31, 2020.    
May 25, 2020 08:00 am ET
Axis Announces Closing of $6.25M Term Loan and Provides Shareholder Update
TORONTO, May 25, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, is pleased to provide a shareholder update and announce the closing of a $6.25 million term loan with a Schedule 1 bank.
Feb 27, 2020 07:51 am ET
Axis Announces Record Revenue and Originations for Q2 Fiscal 2020
TORONTO, Feb. 27, 2020 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the second quarter of fiscal 2020 ending December 31, 2019.    
Nov 28, 2019 05:00 pm ET
Axis Announces Record Originations and Revenue for Q1 Fiscal 2020
TORONTO, Nov. 28, 2019 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the first quarter of fiscal 2020 ending September 30, 2019. In the quarter, Axis adopted IFRS 16, the new accounting pronouncement which amends the accounting treatment for operating leases. The Company also made the decision to report non-IFRS measures of portfolio yield, credit losses, and interest expense based on gross finance receivable balances as opposed to based on net balance
Oct 23, 2019 08:30 am ET
Axis Sets Single Day Originations Record at $1 million
TORONTO, Oct. 23, 2019 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded alternative automotive finance company, today announced that it has set a sales record by originating $1 million in new loans in a single day.
Oct 18, 2019 07:00 pm ET
Axis Announces Fiscal 2019 Results
TORONTO, Oct. 18, 2019 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the fiscal year ending June 30, 2019. 
Sep 13, 2019 04:30 pm ET
Axis Announces Closing of Private Placement with Westlake Financial Services and Nowcom Corporation
/NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Sep 04, 2019 09:30 am ET
Westlake Financial Services and Nowcom Corporation Enter into a Strategic Partnership with Axis Auto Finance
Westlake Financial Services (“Westlake”) and Nowcom Corporation (“Nowcom”) are pleased to announce a strategic partnership with Axis Auto Finance Inc. (“Axis”) (TSXV: AXIS), which enables Westlake to access the large and growing Canadian non-prime automotive finance market.
Sep 04, 2019 09:00 am ET
Axis Auto Finance Enters Into a Strategic Partnership With Westlake Financial Services and Nowcom Corporation
/NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
May 31, 2019 08:00 am ET
Axis Announces Q3 2019 Results
TORONTO, May 31, 2019 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the third quarter of fiscal 2019 ending March 31, 2019.
Mar 26, 2019 12:31 pm ET
IIROC Trading Resumption - AXIS
VANCOUVER, March 26, 2019 /CNW/ - Trading resumes in:
Mar 26, 2019 12:21 pm ET
Axis to Lower Borrowing Costs by 46% through a New Syndicate Credit Facility
MISSISSAUGA, ON, March 26, 2019 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded alternative auto finance company, today announced the closing of its new $100 million senior secured revolving debt facility ("Credit Facility") with a syndicate led by a Canadian Schedule 1 Bank ("Bank") and including a large Canadian insurance company ("Insurance Co").
Mar 26, 2019 09:01 am ET
IIROC Trading Halt - AXIS
VANCOUVER, March 26, 2019 /CNW/ - The following issues have been halted by IIROC:
Mar 01, 2019 07:00 am ET
Axis Announces Q2 2019 Results
TORONTO, March 1, 2019 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the second quarter of fiscal 2019 ending December 31, 2018.
Dec 19, 2018 07:00 am ET
Axis Enters the Quebec Market and Completes Coast-to-Coast Expansion
TORONTO, Dec. 19, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest-growing, publicly-traded, non-prime automotive finance company, announced today that it has entered the Quebec market by opening an office in Montreal.
Nov 29, 2018 07:00 am ET
Axis Announces $1.6 million in Adjusted Earnings for Q1 Fiscal 2019
TORONTO, Nov. 29, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the first quarter of fiscal 2019 ending September 30, 2018.
Nov 15, 2018 07:00 am ET
Axis Announces $18 Million in Originations in Q1 F2019 and Expansion into Western Canada
TORONTO, Nov. 15, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest-growing, publicly-traded, sub-prime automotive finance company, announced record quarterly originations of $18.2 million for the quarter ended September 30, 2018. Axis also expanded operations into Western Canada by opening an office in Edmonton, Alberta.  
Oct 24, 2018 08:00 am ET
Axis Announces Record Year End Results for Fiscal 2018
TORONTO, Oct. 24, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the fiscal year ended June 30, 2018.  Fiscal 2018 was a transformational year as Axis closed the acquisitions of Cars on Credit Financial Inc. ("COCF") and Trend Financial Corp. ("Trend"), significantly expanding Axis' geographic footprint, dealer base, and diversifying its funding sources needed to grow the finance receivable portfolio. In financing these acquisitions, Axis successfu
Jun 28, 2018 08:00 am ET
Senior Management Purchase Over 1,000,000 Axis Shares in the Market
TORONTO, June 28, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, announced today that Paul Stoyan, Chairman, Todd Hudson, CEO, Ilja Troitschanski, President and Steven Koster, Managing Director have purchased significant amounts of Axis stock in the market.
Jun 08, 2018 09:00 pm ET
Axis Auto Finance Grants Options
TORONTO, June 8, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a non-prime lender servicing the Canadian used vehicle market, announced today that it has granted Stock Options ("Options") in accordance with the Stock Option Plan of the Company, Restricted Share Units ("RSUs") in accordance with RSU Plan of the Company and has retained an Investor Relations service provider.
May 29, 2018 08:00 am ET
Axis Reports 8th Consecutive Record Revenue Quarter for Q3 FY2018
TORONTO, May 29, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, today announced financial results for the third fiscal quarter ended March 31, 2018.
May 24, 2018 08:00 am ET
Gerry Thom and Wes Neichenbauer Appointed to the Axis Board
TORONTO, May 24, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a non-prime lender servicing the Canadian used vehicle market, announced today that Gerry Thom and Wes Neichenbauer have been appointed to its Board of Directors while David Mitchell and Fraser Clarke have resigned from the Board.
May 17, 2018 05:16 pm ET
Axis Appoints Paul Stoyan as Chairman of the Board
TORONTO, May 17, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a non-prime lender servicing the Canadian used vehicle market, announced today that Paul Stoyan will be joining its Board of Directors effective today. Mr. Stoyan will take on the role of Chairman of the Board.
Apr 03, 2018 08:00 am ET
Axis Auto Finance Completes the Acquisition of Trend Financial Corp.
TORONTO, April 3, 2018 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS) ("Axis" or "the Company"), is pleased to announce that on April 2, 2018, it closed its acquisition (the "Acquisition") of all of the issued and outstanding securities of Trend Financial Corp. ("Trend").
Mar 22, 2018 04:25 pm ET
Axis Auto Finance Announces Closing of Financing with Total Proceeds of Approximately $25 Million
TORONTO, March 22, 2018 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS) ("Axis" or the "Company"), is pleased to announce that it has completed its previously announced private placement financing (the "Offering") of subscription receipts ("Subscription Receipts") and extendible convertible unsecured subordinated debentures ("Debentures"). Pursuant to the Offering, Axis issued a total of: (i) 10,440,784 subscription receipts ("Subscription Receipts") at a price of $0.70 per Subscription Receipt for gross proceeds of approximately $7.3 million; and (ii) $14.55 million aggregate principal amount of
Mar 07, 2018 11:13 am ET
IIROC Trading Resumption - AXIS
VANCOUVER, March 7, 2018 /CNW/ - Trading resumes in:
Mar 07, 2018 10:31 am ET
Axis Auto Finance Announces Final Sizing of Underwritten Private Placement
TORONTO, March 7, 2018 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS) ("Axis" or "the Company"), announces today that it has entered into an underwriting agreement and has sized an offering (the "Offering") of: (i) 9,353,575 subscription receipts ("Subscription Receipts") at a price of $0.70 per Subscription Receipt for gross proceeds of approximately $6.5 million; and (ii) $17.5 million worth of extendible convertible unsecured subordinated debentures (the "Debentures"), for aggregate gross proceeds of $24 million on an underwritten private placement basis through a syndicate of underwriters co
Mar 07, 2018 08:29 am ET
IIROC Trading Halt - AXIS
VANCOUVER, March 7, 2018 /CNW/ - The following issues have been halted by IIROC:
Mar 06, 2018 04:17 pm ET
Axis Auto Finance Signs Definitive Agreement to Acquire Trend Financial Corp. and Announces the Appointment of Todd Hudson as CEO
The acquisition of Trend Financial Corp. roughly doubles Axis' portfolio of net finance assets to approximately $110 million. Todd Hudson will assume the title of CEO of Axis with Ilja Troitschanski remaining as President of as Axis embarks on the next stage of growth Concurrent marketed overnight underwritten private placement with a syndicate of underwriters, to be led by Canaccord Genuity Corp. and INFOR Financial Inc., of subscription receipts and extendible convertible debentures for aggregate gross proceeds of approximately $24 million. TORONTO, March 6, 2018 /CNW/ - Axis Auto Fi
Feb 28, 2018 07:30 am ET
Axis Reports 7th Consecutive Record Revenue Quarter for Q2 FY2018
TORONTO, Feb. 28,  2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) Canada's fastest growing publicly-traded sub-prime automotive finance company, announced today financial results for the quarter ended December 31, 2017. This is the second quarter of fiscal 2018 for Axis.
Feb 01, 2018 03:50 pm ET
Axis Auto Finance Completes the Acquisition of Cars on Credit Financial
TORONTO, Feb. 1, 2018 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS) ("Axis" or "the Company"), Canada's fastest growing publicly-traded sub-prime automotive finance company, is pleased to announce that it has closed its acquisition (the "Acquisition") of Cars on Credit Financial Inc. ("Cars on Credit").
Jan 19, 2018 03:39 pm ET
Axis Closes Previously Announced Financing with Total Gross Proceeds of $19M
TORONTO, Jan. 19, 2018 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS) ("Axis" or "the Company"), is pleased to announce that it has completed its previously announced marketed financing (the "Offering"). Pursuant to the Offering, Axis issued a total of 27,142,858 subscription receipts ("Subscription Receipts") at a price of $0.70 per Subscription Receipt for gross proceeds of approximately $19 million. The syndicate of agents was co-led by Canaccord Genuity Corp. and INFOR Financial Inc. and included PI Financial Corporation and Raymond James Ltd.
Jan 17, 2018 11:03 pm ET
Axis Auto Finance Announces Upsize of Previously Announced Financing
TORONTO, Jan. 17, 2018 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS) ("Axis" or "the Company"), is pleased to announce today that it has entered into an amended agreement with Canaccord Genuity Corp. and INFOR Financial Inc. (as "Co-Lead Agents") and including PI Financial Corporation and Raymond James Ltd. (collectively, the "Agents"), to increase the size of the previously announced offering of subscription receipts (the "Subscription Receipts") of the Company. Under the amended terms of the offering, Axis has agreed to sell an additional 7,285,714 Subscription Receipts, on a private plac
Dec 21, 2017 06:52 am ET
Axis Auto Finance Signs Definitive Agreement to Acquire Cars On Credit Financial
The transaction will more than double Axis' portfolio to nearly $60 million Purchase price of $11 million to be funded from the proceeds of a concurrent $15 million private placement of subscription receipts The transaction is expected to be immediately accretive to Axis' Adjusted Earnings and on a Price-to-Book basis TORONTO, Dec. 21, 2017 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS) ("Axis" or "the Company"), Canada's fastest growing publicly-traded automotive finance company, today announced that it has entered into a share purchase agreement with Cars on Credit Financial Inc. ("Cars o
Nov 29, 2017 07:30 am ET
Axis Reports Record Profitability for Q1 of FY2018
TORONTO, Nov. 29, 2017 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) an alternative lender servicing the Canadian used vehicle market, announced today financial results for the quarter ended September 30, 2017. This is the first quarter of fiscal 2018 for Axis.
Oct 25, 2017 09:30 am ET
Axis Announces Record Year End Results for Fiscal 2017
TORONTO, Oct. 25, 2017 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a non-prime lender servicing the Canadian used vehicle market, announced today financial results for the fiscal year ended June 30th, 2017. The fiscal year results cover 1 month prior and 11 months post completion of the Reverse Take-Over in July 2016. The comparative prior period figures pertain to the private company Axis Auto Finance, recorded before completion of the RTO.
Aug 08, 2017 09:30 am ET
Axis Announces Change of Auditor to Ernst & Young
TORONTO, Aug. 8, 2017 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) an alternative lender servicing the Canadian used vehicle market, announced today that it has changed its auditor from MNP LLP ("Former Auditor") to Ernst & Young LLP ("Successor Auditor" or "E&Y").
May 30, 2017 09:00 am ET
Axis Reports Record Third Quarter Results
TORONTO, May 30, 2017 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) an alternative lender servicing the Canadian used vehicle market, announced today financial results for the quarter ended March 31, 2017. This is the third quarter of fiscal 2017 for Axis and the third quarter of consolidated reporting post completion of the Reverse Take-Over in July 2016. The comparative prior period figures pertain to the private company Axis Auto Finance, recorded before completion of the RTO.
Mar 27, 2017 01:18 pm ET
IIROC Trading Resumption - AXIS
VANCOUVER, March 27, 2017 /CNW/ - Trading resumes in:
Mar 27, 2017 12:05 pm ET
Axis Auto Announces A New $40 Million Credit Facility
Axis Auto Finance Inc. ("Axis" or the "Company") (TSX VENTURE:AXIS), is pleased to announce the closing of a new $40 million senior secured debt facility ("Credit Facility") with Royal Capital Management Corp. ("RoyCap"). The Credit...
Mar 27, 2017 12:05 pm ET
Axis Auto Announces A New $40 Million Credit Facility
Axis Auto Finance Inc. ("Axis" or the "Company") (TSX VENTURE:AXIS ), is pleased to announce the closing of a new $40 million senior secured debt facility ("Credit Facility") with Royal Capital Management Corp. ("RoyCap").
Mar 27, 2017 10:44 am ET
IIROC Trading Halt - AXIS
VANCOUVER, March 27, 2017 /CNW/ - The following issues have been halted by IIROC:
Mar 01, 2017 08:00 am ET
Axis Reports Record Second Quarter Results
TORONTO, March 1, 2017 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) an alternative lender servicing the Canadian used vehicle market, announced today financial results for the quarter ended December 31, 2016. This is the second quarter of fiscal 2017 for Axis and the second quarter of consolidated reporting post completion of the Reverse Take-Over in July 2016. The comparative prior period figures pertain to the private company Axis Auto Finance, recorded before completion of the RTO.
Jan 12, 2017 08:30 am ET
Axis Auto Finance Changes Its Trading Symbol to "AXIS"
TORONTO, Jan. 12, 2017 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS, formerly AXS) an alternative lender servicing the Canadian used vehicle market, announced that effective today its new trading symbol will be AXIS.

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