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+ Adam Rubin to General Counsel @ Reconnaissance Energy Africa Ltd.

+ Arun Banskota, Director, Pres. & CEO @ Algonquin Power & Utilities Corp., resigned

+ Brian Reinsborough to Pres. & CEO @ Reconnaissance Energy Africa Ltd.

+ Cameron Proctor, COO @ PrairieSky Royalty Ltd., left the company

+ Caralyn Bennett, Exec. VP & Chief Strategy Officer @ GLJ Ltd.,resigned

+ Chris Ramsey to CEO @ Cybercheck

+ Christopher Huskilson to Interim CEO @ Algonquin Power & Utilities Corp.

+ Craig Mitchell to Interim CEO @ Northwest Healthcare Properties REIT

+ Daniel Bordessa, Director @ High Arctic Energy Services, resigned

+ Jonathan Hagel to VP Corporate Evaluations @ GLJ Ltd.

+ Lonn Bate to Interim CFO @ High Arctic Energy Services Inc.

+ Paul Dalla Lana, Chair & CEO @ Northwest Health Care Properties REIT, stepped down

+ Ray Ferris, Pres. & CEO @ West Fraser Timber Co. Ltd., retiring

+ Rob Sekhon to CFO @ Genesis Land Development Corp.

+ Ron Tratch, Chief Risk Officer @ Equitable Bank, resigned

+ Ross Graham to Sr. Manager @ KSV Advisory Inc.

+ Sean McLaren to Pres. & CEOI @ West Fraser Timber Co. Ltd.

+ Sophie Brochu to Director @ CAE Inc.

+ Thomas McInerney to Partner @ McCarthy Tetrault LLP

+ Wayne King to Sr. VP, Information Systems @ Genesis Land Development Corp.

~ Note: links in this section are to LinkedIn profiles where available and otherwise to a relevant posting of the appointment. -  [ send us your appointment notices  kolke@facilitycalgary.com ]

+ Algonquin Power & Utilities pursuing a sale of their Renewable Energy Group

+ Government of Alberta ‘stay on renewables’ getting mixed and contrary reviews, and industry feedback, contrary to the Premier’s walk-back of the hastily announced hold on new projects

+ Government of Canada released its new draft regulations on clean energy for consultation; Alberta’s reaction was immediate and opposed … and Minster Schulz added detail – Alberta favours 2050 target vs. Otttawa’s 2035 position

+ Sept. 11; Rotary Stay In School Charity Golf Classic, Glencoe Golf & Country Club, Calgary; sponsor, register to golf

+ Sept. 21; Calgary’s 65 Roses Ladies Golf Classic in support of Cystic Fibrosis Canada, The Winston Golf Club, Calgary; info/registration

+ Sept. 28; Accessible Housing Annual Fundraising Gala, Dinner for Doors; Silver Springs Golf Cub, Calgary - tickets

+ send us your 2023 tournament information – we are happy to post them here

~ [please send your charity golf event notices to  kolke@facilitycalgary.com ]

+ Aug. 22; Lanesborough REIT, Annual General Meeting of Unitholders, Winnipeg

+ Sept. 12; IOU Financial Inc., Special Meeting of Shareholders, Montreal

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

[ please send your event notices and AGM notices to  kolke@facilitycalgary.com ]

+ Cadillac Fairview published its 2023 ESG Report

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+ Northwest Health Care Properties REIT, terminated a European JV and is conducting a strategic review

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: March/2023 ~ Issue #1; April/2023 ~ Issue #2 ; May/2023 – Issue #3

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+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$81.60/bbl, Brent @ US$85.46/bbl

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is 7:00 AM (MDT) every Tuesday; Calgary news focused on oil & gas, finance and the real estate industry; click here to sign up

+ fires and floods; Alberta wildfire concerns remain on high alert; currently 89 wildfires are burning in Alberta, 1 is not under control; meanwhile the Northwest Territories are facing fire threats to communities – have issued evacuation warnings to residents of Hay River, Enterprise, K’atl’odeeche First Nation, Fort Smith and surrounding areas 

+ First Nations coalition pursuing a pipeline deal to move hydrogen from northern Alberta to Churchill, MB

+ Government of Alberta ‘stay on renewables’ getting mixed and contrary reviews, and industry feedback, contrary to the Premier’s walk-back of the hastily announced hold on new projects

+ Government of Canada plans to sell the Trans Mountain pipeline expansion to indigenous groups;

+ Government of Canada released its new draft regulations on clean energy for consultation; Alberta’s reaction was immediate and opposed … and Minster Schulz added detail – Alberta favour 2050 target vs. Otttawa’s 2035 position

+ LQwD Fintech Corp. changing its name to LQWD Technologies Corp.

+ Mattr Infratech agreed to sell a substantial portion of its pipeline and pipe services unit to Tenaris for $220.0 million

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up;  click here for this week’s message)

+ reader contributions: are always welcome. Please forward your comments, news items, and company appointment announcements; them to kolke@facilitycalgary.com

+ REITrag – is our publication covering REITs; available by subscription; March/2023 ~ Issue #1; April/2023 – Issue #2; May/2023 – Issue #3; sign-up form – get on our mailing list

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: down 5 to 654 this week; Canada: up 2 to 190 this week; full breakdown and international rig counts

+ rooms + spaces announced dates/locations for opening 24 stores; 4 in Alberta – 2 in Calgary

+ Bell Canada is on the market to raise $1.0 billion in debt

+ Eupraxia Pharmaceuticals Inc. is on the market to raise $22.0 million in equity by private placement

+ Greenbrook TMS Inc. closed $3.0 million in debt financings

+ Local Logic closed $17.5 million financing

+ Newfoundland Power Inc. closed a $90.0 million debt issue

+ NextSource closed $50.0 million equity raise

+ NGEx Minerals Ltd. closed $85.0 million equity raise by private placement

+ Niricson closed $10.0 million financing

+ Optimi Health Corp. is on the market to raise $3.0 million in sr. debt financing

+ Optimi Health Coro. closed a $1.0 million tranche of its sr. debt financing

+ Spectral Medical Inc. is on the market to raise $5.0 million convertible debt financing

editor’s note: names of companies involved in arm’s length debt and equity financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings or non-arm’s-length transactions …

+ Sept. 12 – 14; The Carbon Canada Conference, and Awards, Edmonton Convention Centre, Edmonton; info/register

+ Sept. 13-14; Oil Sands Conference (Shell Place) & Trade Show (Suncor Community Leisure Centre) , Fort McMurray; conference / trade show

+ Sept. 15-17; 7^th World Geothermal Congress, Beijing, China -  info - register

+ Sept. 17-21; 24^th World Petroleum Congress; Energy Transitions – the path to Net Zero, BMO Centre, Stampede Park / registration; early bird registration is open; exhibition features – what, where, when

+ Sept. 26-28; BOMEX Edmonton 2023; JW Marriott/Ice District, Edmonton; details/registration open

+ Sept. 26-29; International Energy Agency – Technical Collaboration Program, EOR 2023 Conference, Hotel Arts, Calgary; sponsor opportunities

+ Sept. 26-29; IFMA World Workplace Conference, Colorado Conventional Centre, Denver; register

+ Sept. 28; Canadian Energy Person of the Year – Award Gala Dinner, Calgary Petroleum Club; info/tickets

+ Oct. 16-17; The 2023 National Building Decarbonization Forum, National Arts Center, Ottawa – save the date

+ Oct. 18-19; BUILDEX Alberta, 20-24; Calgary – save the date

+ Oct. 21; Calgary Public Foundation - #LitGala2023 , Central Library; info/tickets

+ Oct. 27; Classroom Champions, Concert for Classrooms – Barney Bentall & The Caribou Express, Bella Concert Hall, Calgary; info/tickets (link to highlights of 2022 Toronto concert) ; save the dates – Calgary, Oct. 27 / Toronto,Nov. 2

+ Oct. 28 – Nov. 5; Banff Centre Mountain Film and Book Festival – info/program/tickets

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

+ Nov. 6 & 5; 2023 Decentralized Energy Forum, Fairmont Chateau Lake Louise; info / register

+ Nov. 7-8; Canadian Aerospace Summit, Ottawa - save the date

+ Nov. 14-15; Oilfield Electrification Technology Conference, Hyatt Houston West, Houston; register, submit abstracts

+ Nov. 30 – Dec. 12; COP28 UAE, Expo City, Dubai; info

~~~

2024

+ Apr. 16-17; Innovate West, Vancouver Convention Centre; info/book – save the date

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – save the date

[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]

+ rooms + spaces announced dates/locations for opening 24 stores; 4 in Alberta – 2 in Calgary

+ WeWork reported to be on the cusp of a bankruptcy filing as its stock price plummets amid dwindling cash position and continued losses