+ May 3 ; Edmonton Real Estate Forum ; info/register + May 14 & 15; National Women In Business Expo, Big 4 Building, StampedePark, Calgaryinfo/register + May 17; Saskatchewan Real Estate Forum, TCU Place, Saskatoon; info/register + May 26; IFMA, 18th Annual Golf Tournament, Lynx Ridge, Calgary; info/register
+ Kinder Morgan shut down its TransMountain pipeline after a spill was detected in NW Alberta
+ Savanna Energy Services Corp. agreed to acquire Performance Services Ltd. for $35 million, acquiring 16 mobile rigs in the bargain
FINANCINGS - proposed & closed
+ Black Diamond Group is on the market to raise $47 million to fund Capex
+ Home Capital Group Inc. is on the market to raise $150 million debt financing
+ Nordic Oil and Gas Ltd. closed $545,000 convertible debt issue
+ Northern Financial Corporation closed $900,000 tranche of new equity financing
+ Tourmaline Oil Corp. is on the market to raise $140.3 million in new equity
“An American went to Scotland and played golf with a newly acquainted Scottish golfer. After a bad tee shot, he played a "Mulligan" which was an extremely good one. He then asked the Scottish, "What do you call a Mulligan in Scotland?" "We call it hitting 3."
“If the Earth could be made to rotate twice as fast, managers would get twice as much done. If the Earth could be made to rotate twenty times as fast, everyone else would get twice as much done since all the managers would fly off.”- Norman Augustine
NEWS REVIEW Apr. 19-24
+ Balzac sour gas plant shutdown to begin May 2; 90 employees to be displaces as plant’s economic life coming to an end
+ Caisse de dépôt et placement du Québec consolidated its real estate subsidiaries under the Ivanhoe Cambridge Group banner
+ Homburg Canada REIT closed its $116 million acquisition of a 50% interest in the Scotia Centre office tower
+ former Amaranth Advisors LLC trader Brian Hunter fined $30 million by U.S. Federal Energy Regulatory Commission over gas trading irregularities
+ Sharon Energy Ltd. and Tuscany Energy Ltd. formalized their plan to combine
+ City of Calgary and CalgaryAirport Authority officials are tight lipped about the terms of their 100 –page DRAFT agreement granting access to the City for construction of a tunnel under the new runway, giving an alternative to the closed Barlow Trail access . . . stay tuned . . .
+ readers are encouraged to forward news items, commentary, feedback & items for our 'on the move' section by writing to: firstname.lastname@example.org . We welcome your information – send us information on corporate news, key staff appointments, financings and notices of upcomg industry and charity events.
FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher
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