TORONTO, June 1, 2018 /CNW/ - Callidus Capital Corporation
("Callidus") announced today that its annual general shareholders'
meeting will be held on Friday, July 6,
2018 at 10:00 a.m. EDT at
Fasken Martineau DuMoulin LLP, Suite 2400, 333 Bay Street,
Toronto, Ontario. The
meeting is being held later than the June
29, 2018 deadline set out in the Toronto Stock Exchange
("TSX") Company Manual with the consent of the TSX. The timing of
the meeting complies with all applicable corporate law
requirements.
About Callidus Capital Corporation
Established in 2003, Callidus Capital Corporation is a Canadian
company that specializes in innovative and creative financing
solutions for companies that are unable to obtain adequate
financing from conventional lending institutions. Unlike
conventional lending institutions who demand a long list of
covenants and make credit decisions based on cash flow and
projections, Callidus credit facilities have few, if any, covenants
and are based on the value of the borrower's assets, its enterprise
value and borrowing needs. Callidus employs a proprietary system of
monitoring collateral and exercising control over the cash inflows
and outflows of each borrower, enabling Callidus to very
effectively manage risk of loss. Further information is available
on our website, www.calliduscapital.ca.
SOURCE Callidus Capital Corporation