Company News

Organic Resource Announces Annual General Meeting

30 August 2007

Organic Resource Management Inc. ("ORMI") today announced that it will be holding its annual general meeting on October 24, 2007, at 4:00 pm at Suite 4400, BCE Place, Bay Wellington Tower, 181 Bay Street, Toronto, Ontario. 

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Organic Resource Eliminates Related Party Relationships

29 August 2007

Organic Resource Management Inc. ("ORMI" or the "Company") today announced that, subject to regulatory approval, the Company has reached an agreement for three related party transactions which will eliminate the existing related party relationships for software and patents. 

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Organic Resource Executive Appointments

21 August 2007

Organic Resource Management Inc. ("ORMI") today announced that the Company's Board of Directors has approved a number of management changes including the appointment of Charles Buehler as Chairman & CEO and Ian Kelland as President.

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Organic Resource Signs 20 year, Exclusive Feedstock Supply Agreement with Anaerobic Digester

25 July 2007

Organic Resource Management Inc. ("ORMI") today announced that it has signed an exclusive, 20-year contract to supply organic residuals as feedstock to the Klaesi farm-based Anaerobic Digester ("AD") in Cobden Ontario for the production of renewable biogas energy.

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National Challenge Systems Inc. Changes Name to Organic Resource Management Inc.

03 July 2007

Organic Resource Management Inc. today announced that the Company has successfully completed its name change from National Challenge Systems Inc. to that of its largest wholly owned subsidiary Organic Resource Management Inc.

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National Challenge Proposes Share Structure Reorganization

01 June 2007

National Challenge Systems Inc.  today announced that subject to final regulatory approval and as previously announced, it is proceeding to convert all of the outstanding Class A and Class B Preferred shares into common shares as of June 1, 2007.

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Approval Granted for Off-farm Organic Residuals at On-farm Anaerobic Digestor

29 May 2007

National Challenge Systems Inc.   today announced that the Ontario Ministry of Environment has issued the first Certificate of Approval for the use of off-farm organic residuals as a feedstock to an on-farm anaerobic digester ("AD") for biogas production in Ontario.

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National Challenge Announces Name Change

16 May 2007

National Challenge Systems Inc.  today announced that subject to regulatory approval, the Company will change its name to that of its largest wholly owned subsidiary Organic Resource Management Inc.

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National Challenge Reports 35% Increase in Gross Margins for Q3 2007

10 May 2007

National Challenge Systems Inc.  today announced financial results for its third quarter of fiscal 2007, ended March 31, 2007. 

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National Challenge Proposes Share Structure Reorganization

16 April 2007

National Challenge Systems Inc. today announced that, subject to regulatory approval, it intends to convert all of the oustanding Class A and Class B Preferred Shares into common shares on June 1, 2007.

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