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+ Alan MacGibbon to Board Chair @ TD Bank Group

+ Andrew Marsh to Director @ Wellington-Altus Financial Inc

+ Blair McInnis, CFO @ Spectral Medical Inc., resigned

+ Casper Wong to CEO @ Financeit Canada Inc.

+ Clarke Barnes to Managing Partner, Alberta @ Fasken Martineau DuMoulin LLP

+ Corinne Pruzanki to Chief Legal Officer @ Great Gulf Group

+ Courtney Hindorff to Managing Director @ Subway Canada

+ Dan Semmens to Board Chair @ MindFuel Foundation

+ Doug Porozni, Chairman @ Ronmor Developers Inc., retiring

+ Ellen Smith to Director @ Northland Power

+ Goldy Hyder to Director @ Open Text Corporation

+ Jason Bass to COO @ Introhive

+ Jay Wong to Pres., Resorts and Leisure @ Great Gulf Group

+ Jerome Peters to COO @ Financeit Canada Inc.

+ Julie Gascon to Pres. & CEO @ Montreal Port Authority

+ Justice Andrea Chrenek to Assistant Chief Justice @ Alberta Court of Justice

+ Kent Phillips, International Arbitration Lawyer, joined Norton Rose Fulbright

+ Kristopher Wojtecki to COO @ Great Gulf Group

+ Luc Mainville to CFO @ LSL Pharma Group. Inc.

+ Manjit Minhas to Director @ Enbridge

+ Mark Purdy to Co-Lead, North America Investments @ Grosvenor

+ Mark Vineis to Country Manager @ Novartis Canada

+ Mohamed Kande to Global Chair @ PricewaterhouseCoopers Internatonal Limited

+ Peter Xotta to Pres. & CEO @ Vancouver Fraser Port Authority

+ Shawn Warren to CEO @ Commercial Bakeries

+ Thomas Dea to Director @ Premium Brands Holdings Corporation

~ 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 ]

+ Gordon Jaremko; veteran oil patch journalist, 76

+ Peter Godsoe; former Chairman and CEO @ Scotiabank, 85

+ Alberta Indigenous Opportunities Corporation closed a $20.5 million investment in Greenhouse Gas emission-reducing co-gen unit at Wembly

+ the IFMA Calgary Chapter Board Executive Officers are: Ola Muniak, President; Dan Hornsberger, Vice-President; Lance Laliberte, Treasurer; Adele Boudreau, Secretary

+ Boardwalk REIT is on the market to raise $150.00 million in equity

+ Boardwalk REIT is on the market to raise $150.00 million in equity

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag

+ Anthem Properties acquired a 3-property portfolio (282,000 sq. ft.) in Edmonton from Morguard and Canada Post Pension Plan

+ I know … it’s early, but if you have a date and a course booking for your 2024 tournament, we’ll happily post it as a ‘save the date’

+ Sept. 4; 8^th Annual Little Warriors Golf Tournament, The Quarry Golf Course – Edmonton; registration/donations/sponsors

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

• RESIDENTIAL LAND For Sale

• NEW HOMES For Sale

+ It's easier to optimize a modest start than to begin with a perfect start. Starting is the hard part, so start small and get in the mix. You'll learn a lot and you'll realize you don't need to have it all figured out to begin. - James Clear

+ The test of a first-rate intellect is the ability to hold two opposing ideas in your head at the same time, and still retain the ability to function. - F. Scott Fitzgerald

+ to the Palmer Family Foundation, for their $2.5 million gift to the Glenbow Reimagined campaign

+ to the 11^th Shaw Charity Classic for its fundraising at this year’s tournament threw off $18.7 million, distributed to 272 children’s charities, bringing the total over 11 years to over $100.0 million raised

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+ Advantage Energy Ltd. announced its 2024CapExBudget is $260.0 million

+ Alberta Indigenous Opportunities Corporation closed a $20.5 million investment in Greenhouse Gas emission-reducing co-gen unit at Wembly

+ Bonterra Energy Corp. Announced its 2024CapExBudget is $90.0 million

+ bUILDERS + bUYERS; property finding/buyer representation by Mark Kolke and colleagues at MaxWell Capital Realty – RESIDENTIAL LAND and NEW HOMES – new listings every week – free Sunday update – sign-up at the bottom of this page; or ‘use this form, give us your ‘if I could wave a magic wand’ wish list, tell us what you are looking for

+ Calgary Ring Road is completed! ... the final section opened yesterday – the last leg of $4.0 billion project

+ Canada Life Assurance Company and IGM Financial Inc., acquired Investment Planning Counsel Inc. for $575.0 million

+ Canadian Natural Resources Limited announced its 2024CapExBudget is $5.4 billion

+ Cenovus Energy Inc. announced its 2024CapExBudget is $4.5 billion

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$72/bbl, Brent @ US$78/bbl;

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

+ Free Rein Resources Ltd. continues its stalking horse process under CCAA creditor protection

+ GFL Environmental Inc. announced its 2024CapExBudget is $850.0 million

+ Government of Alberta:

+ Government of Canada: investing $29.0 million for housing supply in Calgary under the Rental Construction Financing Initiative plus $1.0 million under another program

+ Ivrnet Inc. completed its restructuring transaction

+ Keyera Corp. announced its 2024CapExBudget is $80.0 million

+ Kiwetinohk Energy Corp. announced its 2024CapExBudget is $275.0 million

+ Lucero Energy Corp. announced its 2024CapExBudget is US$65.0 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 posting

+ Occidental Petroleum agreed to acquire CrownRock for US$12.0 billion

+ Pembina Pipeline Corporation agreed to acquire all of Enbridge Inc.’s interests in Alliance, Aux Sable and NRGreen joint ventures for $3.1 billion ; Enbridge announcement

+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; sign-up form

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 3 to 623 this week; Canada: down 9 to 185 this week; full breakdown and international rig counts

+ Tamarack Valley Energy Ltd. closed its Clearwater Infrastructure Partnership transaction

+ Trans Mountain pipeline warning of two-year delay if CER doesn’t allow construction variations

+ Wolverine Energy & Infrastructure Inc. (Wolverine Group) was placed in receivership; FTI was appointed receiver

+ Vermilion Energy Inc. announced it’s 2024CapExBudget is $600.0 million

+ Argonaut Gold Inc. closed a $85.0 million equity raise

+ Aurum Lake Mining Corporation closed a $2.12 million equity raise by private placement

+ Blueberries Medical Corp is on the market to raise $2.0 million in equity by private placement

+ Boardwalk REIT is on the market to raise $218.00 million in equity

+ CanAsia Energy Corp. Is on the market to raise $6.3 billion by private placement

+ Fantuan closed $40.0 million funding raise

+ Foran Mining Corporation closed a $200.0 million equity raise by private placement

+ Freed Corp. closed a $300.0 million debt raise

+ GFL Environmental Inc is on the market to raise US$1.0 billion in debt

+ Ionomr Innovations Inc. closed a US$20.0 million funding raise

+ Martello Technologies Group Inc. closed $1.75 million equity raise by private placement

+ Merchant Growth secured $300.0 million financing

+ Pembina Pipeline Corporation closed a $1.28 billion debt raise

+ Virtu secured a $3.5 million funding raise

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 …

+ Boardwalk REIT acquired 295-door Circle property in Seton for $77.8 million

+ WeWork continues its Chapter 11 proceedings – lease terminations continuing, as major shareholder injected cash to backstop rental payments .... tic toc

+ Calgary Ring Road is completed! ... the final section opened yesterday – the last leg of $4.0 billion project

+ Calgary Ring Road is completed! ... the final section opened yesterday – the last leg of $4.0 billion project

+  City of Calgary’s redevelopment of the Midfield Heights site is moving along; deep utilities are installed. The timetable for next steps are: Q4 2023 - Final endorsement circulation of subdivision; Q2 2024 - First release of shovel/development-ready lots/sites;  2024 construction season - completion of surface construction (roadway and sidewalks), streetlighting, shallow utility preliminary servicing and landscaping