+ Oct. 3; Reins of Responsibility, Shriner’s Fez Dome, Calgary; info/register - ** editor’s note: I’ve taken this program – it’s about horses, HR leadership and serious naval-gazing; I highly recommend Nancy Lowery’s signature event …
+ Oct. 9; Energy Council’s 2019 Energy Person of the Year Award Dinner, Westin Hotel, Calgary; sponsor info/tickets
+ Oct. 17-18; 10th Annual Connect Event / United Way of Calgary and Area, Carriage House Inn, Calgary; info/register
+ Oct. 21; tentative date, Federal Election – everywhere; Elections Canada are recommending staying with this date even though it conflicts with Shemini Atzeret Jewish holiday … tic toc
+ Nov. 1; Stantec presents the 5th Annual Peter Burgener Memorial Charity Concert, Barney Bentall and The Cariboo Express in support of Classroom Champions, Bella Concert Hall at MRU, Calgary … save the date; register for RSVP Invitations
+ rig counts (active/working) – U.S.: down 19 to 916 this week; Canada: down 3 to 139 this week; full breakdown
+ TechnipFMC PLC announced it will spin off its engineering and construction operations into a 2nd company
+ TerraNova Partners LP acquired control of Carma Industries Inc. and Carma Billing Services Inc.
+ The Transition Accelerator: Building Pathways to a Sustainable Future has been launched; former COSIA CEO is CEO Dr. Dan Wicklum who says, “formal advisors and Board members from Montreal, Ottawa, Toronto, Winnipeg and Calgary. But my office will be in Calgary. We launched the organization to be truly in independent space, positioned to work with change agents wherever we find them whether in academia, industry, government or elsewhere.”
+ Transat A.T. Inc. shareholders approved $720.0 million takeover bid by Air Canada; deal is still subject to Federal government approval
+ TransMountain Pipeline expansion project construction starting announced … tic toc
+ Valvoline Inc. agreed to acquired six Alberta service centres from Minit Lube
+ Woodfibre LNG announced it is ready to forward with its $1.6 billion export facility in Howe Sound near Squamish, BC
THIS WEEK IN FINANCINGS
- proposed & closed
+ Axion Ventures Inc. closed US$1.375 million convertible debt financing
+ Drop Technologies Inc. closed US$44.0 million equity financing
+ Electrovaya Inc. secured $1.5 million credit facility
+ ESSA Pharma Inc. closed US$36.0 million equity financing
+ Green Rise Capital Corporation closed $3.67 million equity financing by private placement
+ Intact Financial Corporation closed $461.0 million equity financing
+ Alberta No.1 Geothermal project; The Greenview Geothermal Power Project, is getting $25.4 million contribution by the Government of Canada; JV between Terrapin Geothermics and M.D. of Greenview, PCL Construction involved in the 5MW project, Alberta’s first commercial scale geothermal facility
+ twinning Highway 15 near Fort Saskatchewan and another bridge over the North Saskatchewan; contracts awarded as two projects to Wells Construction, div. of Lafarge Canada Inc. and Alberco Construction Ltd.
INTERESTING REAL ESTATE NEWS FROM OTHER PLACES
+ AutoCanada Inc. closed a sale-leaseback (two properties/three dealerships in Edmonton) transaction with Capital Automotive Real Estate Services Inc.
FACILITYCalgarynewsletters may not be reproduced, distributed, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without prior written permission. Mark Kolke, Editor/Publisher. All rights reserved. MaxComm Communications.
- this site is maintained and updated weekly - last updated May 30, 2023