+ Apr. 29; Choice Properties REIT, Annual Meeting of Unitholders, Toronto

+ Apr. 30; AltaGas Ltd. Annual Meeting of Shareholders, Calgary

+ Apr. 30; Canadian Oil Sands Limited, Annual General Meeting, Calgary

+ Apr. 30; Suncor Energy, Annual General Meeting of Shareholders, Calgary

+ May 4; Enbridge Income Fund Holdings Inc., Annual and Special Meeting of Shareholders, Toronto

+ May 5; Keyera Corp., Annual Meeting of Shareholders, Calgary

+ May 5; Dream Industrial REIT, Annual Meeting of Unitholders, Toronto

+ May 5; Northwest Health Care Properties REIT, Annual Meeting of Unitholders, Toronto

+ May 6; Brookfield Asset Management Inc., Annual Meeting of Shareholders, Toronto

+ May 6; Brookfield Real Estate Services Inc., Annual General Meeting of Shareholders, Toronto

+ May 6; Dream Global REIT, Annual Meeting of Unitholders, Toronto

+ May 6; Gibson Energy Inc., Annual General Meeting, Calgary

+ May 6; Husky Energy, Annual and Special Meeting of Shareholders, Calgary

+ May 6; Killam Properties, Annual Shareholders Meeting, Halifax

+ May 6; Norther Property REIT, Annual Meeting of Unitholders, Calgary

+ May 7; ENMAX Corporation, Annual Meeting With Its Shareholder, Calgary

+ May 7; DIRTT Environmental Solutions, Annual General Meeting, Calgary

+ May 7; Lundin Petroleum AB, Annual General Meeting, Stockholm, Sweden

+ May 7; Newalta Corporation, Annual General Meeting of Shareholders, Calgary

+ May 7; Raging River Exploration Inc., Annual and Special Meeting of Shareholders, Calgary

+ May7; SNC-Lavalin Group Inc., Annual Shareholders Meeting, Montreal

+ May 8; CAP REIT Annual Unitholders Meeting, Toronto

+ May 8; Pembina Pipeline Corporation, Annual General Meeting of Shareholders, Calgary

+ May 11; Cathedral Energy Services Ltd, Annual and Special Meeting, Calgary

+ May 11; Trimac Transportation Ltd., Annual General Meeting, Calgayr

+ May 12; CT REIT, Annual Meeting of Unitholders, Toronto

+ May 12; Inter Pipeline Ltd., Annual General Meeting, Calgary

+ May 12; Karnalyte Resources Inc. Annual General and Special Meeting of Shareholders, Saskatoon

+ May 13; Slate Retail REIT, Special Meeting of Unitholders, Toronto

+ May 13; Spyglass Resources Corp., Annual General Meeting of Shareholders, Calgary

+ May 13; Summit Industrial Income REIT, Annual Unitholders Meeting, Toronto

+ May 14; Crombie REIT, Annual General Meeting, New Glasgow, NS

+ May 14; ENTREC Corporation, Annual General Meeting of Shareholders, Acheson, AB

+ May 14; Genesis Land Development Corp.; Annual General Meeting, Calgary

+ May 14; WPT Industrial REIT, Annual Meeting of Unitholders, Toronto

+ May 19; Inovalis REIT, Annual Meeting of Unitholders, Toronto

+ May 21; Emera Inc., Annual Meeting of Shareholders, Saint John

+ May 21; High North Resources Ltd.; Extraordinary Meeting of Debenture Holders, Calgary

+ June 4; High North Resources Ltd., Debenturholders Meeting, Calgary

+ June 18; Extendicare Inc., Annual General & Special Meeting, Toronto

+ June 30; Legacy Oil + Gas Inc., Annual General Meeting, Calgary

+ Alexander Mora to CFOR @ PetroNova Inc.

+ Bob Homersham to Associate @ Fasken Martineau DuMoulin

+ Brian Prokop to Managing Dir., Capital Markets @ Integral Wealth Securities Limited

+ Dale Burstall to Secretary @ Newton Energy Corporation

+ Jimmy Chow to CFO @ Newton Energy Corporation

+ Joel MacLeod to Pres. & CEO @ Tidewater Midstream and Infrastructure Ltd.

+ John Cooper to CEO @ ClearStream Energy Holdings

+ Lonnie Tait, retired Ernst & Young guy, golfer, writer and Calgary booster, died

+ Mark Roseborough to Interim CEO & CFO @ Stealth Ventures Inc.

+ Merv Chia to CEO @ Newton Energy Corporation

+ Michel Lauzon, Exec. VP & CFO @ Laurentian Bank, retiring

+ Michelle Podavin to VP, NGL Supply and Facilities @ Plains Midstream Canada

+ Pancho Perez to Exec. VP & COO @ SunEdison Inc.

+ Pam Kazeil to VP Finance & CFO @ PrairieSKy Royalty Ltd.

+ Rick Koshman to VP Engineering @ Keyera Corp.

+ Robert Beauchemin to Pres. & CEO @ Addenda Capital

+ Ron Love to CFO @ Zaio Corporation

+ Stelvio Di Cecco, CFO @ PetroNova Inc., retired        

+ Subra Subramniam, CEO @ Stealth Ventures Inc., resigned

+ Trevor English to Sr. VP Corp. Development & Business Planning @ Shaw Communications Inc.

+ Vance Querio to COO @ Oryx Petroleum Limited

[send us your appointment notices  kolke@facilitycalgary.com]

+ Brian Prokop to Director @ Mapan Energy Ltd.

+ David McFadden to Chairman of Infrastructure Advisory Boards @ Fengate Capital Managment

+ Dinesh Pande, Director @ Stealth Ventures Inc., resigned

+ Doug Fraser to Director @ Tidewater Midstream and Infrastructure Ltd.

+ Dr. Martin Eichenbaum to Director @ Bank of Montreal

+ James Cecil to Director @ Canadian Quantum Energy Corporation

+ Jonathan Denis, Minister of Justice & Solictor General @ Government of Alberta, resigned

+ Lorraine Mitchelmore to Director @ Bank of Montreal

+ Neil Darling to Director @ Enterprise Group Inc.

+ Rudolf Cech, Director @ Stealth Ventures Inc., resigned

+ Stephen Shefsky to Director @ Morumbi Resources Inc.

+ Subra Subramniam, Director @ Stealth Ventures Inc., resigned

FACILITYCalgary
current week data

this  site is refreshed with a new issue every Tuesday morning

updated ... April 28, 2015

Arcan sold | Cenovus marketing royalties | Connacher recapitalization | Flames beat Vancouver | Harvest buying Alter NRG | Prentice/election Watch | PSAC Drilling Forecast | Sobeys buy Co-op Atlantic | TORC buys assets | TransCanada Upland pipeline +  Dr. John Gill interview | upcoming events & corp. | REIT news | Infrastructure | oilsands | climate changes | meetings + financings + executive and board appointments >>>>

+ to the Forzani Group Foundation, Flames Foundation for Life and View West Foundation donated $1.5 million to the University of Calgary Dinos football club in the honour and memory of the late John Forzani

+  YYCjunk .. they pick up household, and divert useful items of furniture and household items to needing-not-for-profit organizations, and minimizing land fill tipping in the bargain!

+ You wake up one day and suddenly realize that your youth is behind you, even though you’re still young at heart. – Joni Mitchell

+ I think star architects have seized and opportunity to go anywhere in the world to produce meaningless buildings. – Moshe Safdie

+ May 5; Alberta Provincial Election

+ May 14; Edmonton Real Estate Forum, Shaw Conference Centre, Edmonton

+ May 24-2 7; Banff Compass 2015; Association of Fundraising Professionals, Banff

+ May 27; 4^th Annual Breakfast WITH Champions in support of Special Olympics, TELUS Convention Centre,Calgary; info/register/tickets

+ June 2; Calgary Leasing Conference, TELUS Convention Centre, Calgary info/register

+ June 9-11; Global Petroleum Show 2015; Stampede Park, Calgary info/register

+ City Office REIT Inc. agreed to acquire Superior Pointe, a 149,000 sq. ft. office building in Denver for US$25.8 million

FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2015 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

http://calgaryofficespace.com
http://facilitycalgary.com
http://plandflex.com 
http://markmusing.com  

+ Arcan Resources Ltd. agreed to be acquired by Aspenleaf Energy Limited

+ ATB – daily economist’s outlook

+ Calgary Flames defeated Vancouver Canucks in their series and now advance to play the Anaheim Ducks in NHL Stanley Cup playoffs …

+ Cenovus Energy Inc. hired adivsors to explore sale or IPO of its royalty lands in Western Canada – expected to raise $1.6 billion

+ Connacher Oil and Gas Limited got its final court order allowing its $1 billion recapitalization

+ crude oil storage at Cushing, OK rose to 78%, highest since they started measuring.

+ current energy prices – live link to Bloomberg energy prices ; oil rose this week – Brent over US$64/barrel over middle east supply concerns, WTI US$56/barrel  … fingers crossed …

+ dissident shareholder West Face Capital Inc. is taking steps to nominate replacement directors at Gran Tierra Energy Inc.

+ Deutsche Bank AG settlement – to pay US$2.5 billion in penalties for its role in the LIBOR rate fixing scandal

+ earnings season is here – public companies will begin releasing earnings statements this week and nobody is expecting rosy news and disastrous news is expected from many firms across the board (ie: Precision Drilling just announce a 76% drop in profits) …

+ Gibson Energy Inc. announced it will build a further 900,000 barrels of storage capacity at its Hardisty West Terminal, expected to be in-service by mid-2017

+ Harper government budget; Finance Minister Oliver says Canada will have a skinny $1.4 billion surplus this year (sounds like a rounding error!) as the government girds for an October election

+ Harvest International New Energy Co. Ltd. commenced a friendly take-over bid to acquire Alter NRG Corp.

+ Ithaca Energy Inc. agreed to sell Ithaca Petroleum Norge AS for US$60 million plus ongoing participation

+ Parkit Enterprises Inc. formed a JV with Och-Ziff Real Estate to acquire up to $500 million of income producing parking assets

+ PetroChina Co. and China Petroleum Chemical Corp. rumoured to be on the verge of a merge ... tic toc …

+ Prentice/election watch: PC party insiders say things are fine in Calgary and southern Alberta with the NDP surging in Edmonton – and polls of ‘decided voters’ call it a dead heat with PC, NDP and Wildrose. Prentice reversed his position on cancellation of the charitable tax credit and he stumbled in leaders debate, Notely scored well … so the question of whether Albertans will toss out the PC’s is valid and concerning, because it would be ‘what is the alternative?’ Alberta has never EVER had a minority government, but that risk is now very real depending on weather on election day and whether parties get their vote out. Consensus, nobody likes the economic landscape and general reaction to tax/fee increases and cost cuts proposed by Prentice aren’t sitting well with Albertans as oil & gas royalties tumble with soft market prices … tic toc … as undecided voters are … undecided

+ PSAC (Petroleum Services Association of Canada) published its revised Drilling Activity Forecast for 2015

+ RECA, Alberta’s real estate industry regulator, announced changes to real estate licensing for new practitioners entering the business after June 1, 2015; will require ‘industry sector’ for licensing – which means agents trained in residential, or commercial, or rural real estate or property management will be limited to practicing in their designated sector only unless they take further eduction. Anyone licenced as of May 31^st is not affected by the new model; this has been a LONG TIME COMING … and bodes well for the improvement of the industry

+ Scientific Drilling International acquired Marksman Ranging Technologies; terms not disclosed

+ Sobeys Inc. agreed to acquire Co-op Atlantic; corporated food and gas retail stores and wholesale assets – control of a portfolio of supermarkets and convenience stores in Eastern Canada; many of those stores are independently owned but will full under the Sobey’s umbrella for supply of merchandise, branding etc.

+ Surge Energy Inc. agreed to sell a portfolio of crude oil assets in SE Saskatchewan to TORC Oil & Gas Ltd. for $430 million

+ TransCanada Corp. is proposing a new pipeline; the Upland pipeline would carry U.S. crude from North Dakota to connect with its Energy East pipeline in SE Saskatchewan; the $600 million project will, just like Keystone XL, require U.S. Presidential approval … tic toc

+ Virginia Hills Oil Corp. closed $51 million acquisition of assets in the Red Earth area

+ U.S. Secretary of State John Kerry, upon taking up his 2-yr. role as Chair of the Arctic Council, spoke in Iqaluit, pledging to ‘do everything we can to prevent worse impacts from greenhouse gas emissions’ – speaking to expectations of a major agreement between the U.S. and China …

+ climate change paper says 3 of 4 extreme heat days are human activity caused …

+ Boulevard Industrial REIT is on the market to raise $20 million in equity

+ Canacol Energy Ltd. is on the market to raise US$200 million on long term debt

+ Ivrnet Inc. is on the market to raise $500,000 in a common shares & warrants issue

+ Nobel REIT is on the market to raise $12 million in equity

+ Pure Multi-Family REIT LP is on the market to raise US$30.6 million in equity

+ Seven Generations Energy Ltd. is on the market to raise US$425 million in debt

+ Terra Firma Capital Corporation secured $10 million revolving credit facility

+ Boulevard Industrial REIT is on the market to raise $20 million in equity

+ City Office REIT Inc. agreed to acquire Superior Pointe, a 149,000 sq. ft. office building in Denver for US$25.8 million

+ Nobel REIT is on the market to raise $12 million in equity

+ Pure Multi-Family REIT LP is on the market to raise US$30.6 million in equity

+ Federal Government budget set out $750 million over two years, then $ 1 billion per year thereafter for transit infrastructure projects across the country; together with strong emphasis on P3’s with renewed support and funding ($1.25 billion over 5 years) for PPP Canada Inc.

+ Forum Equity Partners closed acquisition of two PPP projects; Surrey Pretrial Services Centre Expansion and Quinte Consolidated Courthouse Projects; capital cost $200 millioin. Also, Forum took over management of both projects

+ Ontario’s 2015 budget speech reaffirmed a commitment to $130 billion in public infrastructure of 10 years, including $11.7 billion for 2014-15 under the ‘Building Ontario Up’ banner … with strong language that Alternative Financing and Procurement (a.k.a. P3) will be used extensively

+ Athabasca Oil Corp. is starting steaming at its Hangingstone project and expects first oil within 4-6 months