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SUBSEQUENT EVENT
12 Months Ended
Feb. 28, 2021
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

16.     SUBSEQUENT EVENTS

 

On April 1, 2021, the Company executed the First Amendment to the Loan Agreement which reduced the fixed interest rate on Term Loan #1 to 3.12% and removed the prepayment premium from the Loan Agreement.

 

On May 11, 2021, the Board of Directors of EDC approved a $0.10 dividend that will be paid to shareholders of record on Wednesday, June 2, 2021.