FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary June21/22

CONVERSATIONS

ARCHIVED ISSUES

SIGN UP

CONVERSATIONS

A recent conversation with Gord Appel, Managing Partner @ Axiom Mortgage Solutions

A recent conversation with Laura Newcombe, Director Property Management, Calgary @ GWLRA

Click here to access the archive (2012-2021) : archived conversations with fascinating Calgarians ...



SHAKERS AND MOVERS 
appointments and disappointments 

+ Alex Thibault to COO @ GTX

+ Andrew Marsh, Pres. & CEO @ RF Capital Group Inc., stepping down

+ Arved von zur Muehlen to Chief Commercial Officer @ WestJet, stepping down

+ Brad Nathan to Director @ Trez Capital

+ Carmel Smetschka to Director, Health & Safety, Calgary @ H&R REIT

+ Christian Skogen to Chief Risk Officer @ Trez Capital

+ Dan McDonald, Partner @ Burnet, Duckworth & Palmer LLP, retired

+ Danielle Chabot to Director, Real Estate Services @ Hopewell Real Estate Services

+ Daniel Matlow to Director @ Danavation Technologies Corp.

+ Darcy Campbell to CFO @ Leiio Wellness Ltd.

+ Dr. Tammy McKnight to Chief Medical Officer @ WestJet

+ Francesco Mele, Director @ Osum Oil Sands Corp., resigned

+ Garry Blashyn to VP @ Phoenix Modular Innovations

+ Grant Borbridge to VP Legal & Corporate Secretary @ Trimac Transportation

+ Ian Gallant to Bus. Dev./Sales @ Rival Hydrovac

+ Jennifer Kapala to Human Resources Mgr. @ City of Calgary

+ Jerry Oliphant to COO @ Skylight Health Group Inc.

+ Jill Carberry to Dir. Bus. Dev. @ APOLLO Insurance

+ Joanna Walewski to Sr. Specialist, Benefits & Pension @ AtlaGas Ltd.

+ John Maragliano to CFO @ Trez Capital

+ John Weatherill to Exec. VP & CCO @ WestJet

+ Karen Sheriff to Director @ Emera Inc.

+ Kelsey Armstrong to Partner @ Osler, Hoskin & Harcourt LLP

+ Kevin Stashin to Director @ E3 Metals Corp.

+ Kimberly Setrakov to Legal Counsel, Litigation & Employment @ TC Energy

+ Kirk Hodgson to R&D Associate @ SolarSteam Inc.

+ Mark Gerlitz to Director @ Reconnaissance Energy Africa Ltd.

+ Matthew Gerber to CEO @ TeraGo Inc.

+ Matthew Huys to Partner @ Osler, Hoskin & Harcourt LLP

+ Michael Holden to Exec. Dir. @ King International Advisory Group

+ Michael Mazza to Executive Director @ The Terry Fox Foundation

+ Mike Jung to COO @ Caltech Surveys

+ Robert Armstrong to Justice @ Court of Queen’s Bench, Alberta

+ Robert Hill to Director @ Mind Cure Health Inc.

+ Sara Chin to VP Human Resources & Corporate Services @ RGO Group of Companies

+ Sarah Jones to Bus. Dev. Mgr. @ Air West Mechanical

+ Scott Argent to VP, Regional Leader, Alberta @ Stantec Consulting

+ Scott Pennock to Sr. VP, Office @ Cadillac Fairview

+ Shane Tevelein to Superintendent @ Delnor Construction

+ Shaun Parker to Partner @ Osler, Hoskin & Harcourt LLP

+ Shannon Feakes to Bus. Dev. Mgr. @ Evolution Glass Inc.

+ Sona Khosla to Chief Impact Officer @ Benevity

+ Tim Gabruch to CEO & Director @ IsoEnergy Ltd.

+ Tom Knoepfel to Sr. VP Retail @ Cadillac Fairview

+ Tyler Adair to Bus. Dev. Mgr. @ West Earth Sciences Ltd.

+ Vito Culmone to CFO @ MDA Inc.

~

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 ]




 MEMORIAM 

+ Arne Sorenson, CEO @ Marriot International, 62

+ Fredrik Eaton; former Chairman & CEO @ T. Eaton Co.; 82

+ Ray Palmer; retired retailer, Marda Loop hardware merchant, BRZ leader, 91




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ a mental health crisis is coming – how HR can help

+ how is your Zoom etiquette? … some tips




 BOARD + COMMUNITY VOLUNTEER OPPORTUNITIES 

+ THIRD ACTion Film Festival, is seeking board members – (CPA, Legal, or film industry experience being sought) – info/apply

[please send your community board notices to  kolke@facilitycalgary.com ]




 SAVE THE DATE / upcoming events

+ Feb. 23-24; 20th Annual RealCapital Conference (being held virtually), info/sponsors/speakers

+ Feb, 24 – 26; Dare To Lead workshops; Brene Brown program offered by Jenn Lofgren at Incito; info/register

+ Feb. 27; STARS Air Ambulance annual PSAC STARS  & Spurs 2021 Gala/Fundraiser/Live Auction; info/tickets/details

+ Apr. 13; Western Canada Apartment Investment Conference (being held virtually), info/save the date

+ Apr. 14-15; 28th Vancouver Real Estate Forum, virtual-only; info/save the date

+ May 12-13; Business Transitions Forum, Westin Edmonton; info/registration

+ May 13-16; Word Economic Forum, Special Annual Meeting 2021 (postponed and moved from Davos), Singapore

+ May 19 – 20; Alberta Economic Development Leaders’ Summit * Conference; online/virtual; information/register

+ May 31 – June 1; Egypt Petroleum Show, Cairo, Egypt; info/registration

+ June 6-18; CERI 2021 Petrochemical Conference, Kananaskis Mountain Lodge; program; sign up/register

+ June 22-23; Petrochem Canada, Sunbridge Hotel & Convention Centre, Saria; info/registration

+ July 23 – Aug. 8; Tokyo Olympics – 2021 Summer Games

+ Sept. 12-15; Digital Construction World, Dubai World Trade Centre, info/register

+ Sept. 21 - 23; Global Energy Show, Stampede Park, Calgary, info/registration

+ Oct. 4-6 [REVSIED DATE]; NeoCon, the Mart, Chicago; info

+ Dec. 6-9; World Petroleum Congress, Houston; info/registration

~

2022

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

+ Mar. 31 – Apr. 1; National Heavy Equipment Show, International Centre, Mississauga; save the date

 

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




 SHAREHOLDER MEETINGS

+ Feb. 23; Siyata Mobile Inc., Annual General Meeting, Vancouver

+ Feb. 25; Transcontinental Inc., Annual General Meeting of Shareholders, virtual-only

+ Feb. 26; Cantex Mine Development Corp., Annual General Meeting, virtual-only

+ Feb. 26; TC Pipelines LP, Special Meeting of Common Unitholders, virtual-only

+ Mar. 12; Sun Life Financial Inc., Annual Meeting of Common Shareholders, virtual-only

+ Mar. 22; 49 North Resources Inc., Special Meeting of Debentureholders, Saskatoon

+ Mar. 30; Cargojet Inc., Annual General Meeting of Shareholders, virtual-only

+ Apr. 8; CIBC, Annual Meeting of Shareholders

~

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




↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE




 THIS WEEK'S HEADLINES


IN THIS ISSUE: Alberta COVID-19 stats | Blackheath/Wolverine combination | Eau Claire YMCA closing | Shell-shale-sale + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos




 Sponsors of this week's issue:

Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION



The Level Seton - Rental by ROHIT
For showings and information, call Jenn at 587-600-1960 

e-mail CalgaryRentals@rohitgroup.com
 
NEW RENTAL HOUSING



e-mail Kevin Phone
 
OFFICE MOVERS



Request a consult
~
Visit: https://www.moodystax.com
~
E-mail: kmoody@moodystax.com
~
OUR SERVICES

TAX LAWYERS


TAX ACCOUNTANTS



Contact Zelos for a free consultation today
~
Visit:  www.zelosglobal.com
~
Video Conference:  Booking Calendar
~
E-mail: kareen@zelosglobal.com

 LEADERS IN PRIVATE WEALTH MANAGEMENT



Visit: https://www.incito.ca/
~
E-mail:  inspire@incito.ca

EXECUTIVE COACHING



RETAINED EXECUTIVE SEARCH - For more information, click here.



Visit: Levvel.ca
~
E-mail: connect@levvel.ca
~
OUR SERVICES



PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



CLICK HERE to sign up for Housing Truth newsletter 



CLICK HERE to sign up for PROPERTYlines

CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES





 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ please send us your 2021 events

+ Aug. 11-15; Shaw Charity Classic – PGA Champions Tour Event, Canyon Meadows Golf and Country Club, info/website

+ Sept. 8; Little Warriors Charity Golf Tournament, The Quarry course, Edmonton; info/details/donate;  register

~

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




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Brookfield Asset Management Inc. is planning a $7.5 billion climate-focused fund led by Mark Carney

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication




 QUOTES 

+ If you don’t adopt disruptive technology, you will be disrupted. – Brad Inman

+ If you aim for nothing, you’ll hit it every time. - unknown




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




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 - 2021 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

http://calgaryofficespace.com

http://facilitycalgary.com

http://markmusing.com




 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

NEWS SUMMARY 
 Feb. 16 ~ 23 / 2021 


+ Alberta COVID-19 stats: 1,843 deaths to date, 4,675 active cases of 131,336 confirmed cases to date: aggregate Alberta data – currently, 324 Albertans are in the hospital with COVID-19, and 53 of those are in intensive care units – 3,362,786 tests have been administered to Albertans so far – concerns being raised by medical officials and Premier Kenny that fast-spreading variants of the virus may impact return to normal …

+ Alberta COVID-19 vaccinations for most vulnerable in long-term care and staff is completed; Alberta conditions with new levels of vaccinations as of Feb. 19 and on Feb. 24 – report/press conference with Premier Kenney

+ Alberta COVID-19 restrictions effective – more easing of restrictions starting Feb. 8th – stages for further relaxing the lock-downs of business and recreational activity in Alberta is tied to benchmark drops tied to hospitalization levels – Step 1 ~ schools, restaurants/pubs/cafes, sports activities allowed stages resumption of operations  ~ though cases, hospitalizations and deaths are declining, no hints yet from the government when Step 2 relaxations will happen

+ ABTraceTogether – get the APP

+ Air Canada’s takeover of Transat A.T. Inc. isn’t done yet; Canadian regulatory approvals are in place, European ones yet to come and ‘renegotiation’ is on the table, other suitors my resurface

+ Blackheath Resources Inc. and Wolverine Energy and Infrastructure Inc. amalgamated; Blackheath changing its name to Green Impact Partners Inc.

+ Bonterra Energy Corp. announced its 2021CapEx Budget is $65.0 million

+ Calgary Oil & Gas Syndicate Group Ltd. filed for CCAA protection; BDO appointed as Monitor

+ Canada CPVID-19 measures: mandatory testing now required for land border crossings – what took them so long to do this obvious thing?

+ Certarus Ltd. engaged advisors to conduct a strategic review of alternatives to maximize shareholder value

+ City of Calgary 2021 elections; 7 candidates declared running for mayor: Jeremy Farkas, Jyoti Gondek, Brad Field  , Ian Chaing, Larry Heather, Zane Novak , Grace Yan so far 36 candidates for council ~ and lots of other rumoured candidates exploring a run …

+ Coastal GasLink pipeline is ramping up work again after pandemic shut down; ramping up workforce

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI back over US$61/bbl, Brent over US$66/bbl due to Texas shut-in/frozen-in production ~ and natural gas prices spiked due to the southern U.S. experiencing severe winter conditions

+ Distinction Energy Corporation agreed to acquire 50% interest in a $335.0 million portfolio acquisition of NW Alberta oil & gas assets

+ Eau Claire YMCA announced it will close permanently due to membership drop

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  – - January issue, archived issues

+ Inter Pipeline Ltd. initiated a strategic review process to maximize shareholder value; advisors engaged as they try to fend off Brookfield’s hostile takeover bid

+ inspiring interviews – NHL stars and Olympians, and entertainment in support of KidSport; info/tickets/silent auction/donation

+ Osum Oil Sands Corp. continuing its proxy and PR battle to fend off Waterous Energy Fund’s takeover bid; meanwhile, Waterous tabled a new offer … tic toc

+ Peyto Exploration & Development Corp. announced its 2021CapEx Budget is $325.0 million

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to CHECK OUT THE February issue ;  archived PROPERTYlines Issues

+ rig activity in Canada

+ rig counts (active/working) – US: steady at 397 this week; Canada: down 4 to 172 this week; full breakdown and international rig counts

+ Shell Canada Energy agreed to sell its non-core Canadian shale assets (Kaybob/Duvernay) to Crescent Point Energy Corp. for $900.0 million

+ Spartan Delta Corp. agreed to three acquisitions for an aggregate of $147.9 million

+ Whitecap Resources Inc. and TORC Oil & Gas Ltd. got shareholder and court approval for their combination




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Argonaut Gold Inc. closed $26.5 million equity financing by flow-through shares

+ AUX Resources Corporation closed $2.5 million equity financing by private placement

+ Boat Rocker Media Inc. is on the market to raise $175.0 million in equity by IPO

+ Choice Consolidation Corp. closed US$150.0 million equity financing by IPO

+ Cineplex Inc. raised US$250.0 million in debt

+ CloudMD Software & Services Inc. is on the market to raise $55.0 million in equity

+ encore Energy Corp. is on the market to raise $15.0 million in equity by private placement

+ D-BOX Technologies Inc. is on the market to raise $5.0 million in equity

+ DRI Healthcare Trust closed US$365.27 million equity financing by IPO

+ Dye & Durham Limited is on the market to raise $500.0 million in equity and convertible debt

+ Engine Media Holdings Inc. raised $15.0 million by private placement

+ Empire Life Insurance Company closed $200.0 million debt financing

+ ESSA Pharma Inc. closed $130.0 million equity raise

+ Felix Health Inc. closed $10.0 million venture capital financing round

+ Genesis Mining Technologies Inc. is on the market to raise $55.0 million in equity by private placement

+ H&R REIT closed $300.0 million sr. unsecured debt financing

+ INEO Tech Corp. is on the market to raise $7.0 million in equity

+ InMed Pharmaceuticals Inc. closed US$4.5 million equity financing by private placement

+ Loop Energy Inc. is on the market to raise $100.0 million in equity by IPO

+ Manulife Financial Corporation closed $2.0 billion debt financing

+ Neptune Wellness Solutions Inc. closed US$55.0million equity financing by private placement

+ NorthWest HealthCare Properties REIT is on the market to raise $200.0 million in equity

+ Payfare Inc. is on the market to raise $60.0 million in equity by private placement

+ PlantX Life Inc. is on the market to raise $10.0 million in equity

+ Premier Health of America closed $7.5 million equity raise

+ QMC Quantum Minerals Corp. closed $2.1 million equity financing by private placement

+ Sagen MI Canada Inc. closed $100.0 million preferred equity financing

+ Solar Alliance Energy Inc. closed $5.7 million equity financing by private placement

+ Spartan Delta Corp. is on the market to raise $50.0 million in equity

+ Spartan Delta Corp. is on the market to raise $30.0 million in equity by private placement

+ Tetra Bio-Pharma Inc. is on the market to raise $10.0 million in equity

+ Topaz Energy Corp. secured $300.0 million credit facility with expansion provision

+ WELL Health Technologies Corp. closed $302.5 million equity financing

+ Wolverine Energy and Infrastructure Inc. closed $10.0 million unsecured debt financing

~

*editor’s note: names 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 …




 OUR MEDIA PARTNERS 

+ GLOBAL ENERGY SHOW   - postponed to Sept. 21-23, 2021; North America's Leading Energy Event, Stampede Park - Calgary, Canada

+ Check out this year’s GLOBAL ENERGY AWARDS winners




PUT YOUR 
ADVERTISEMENT HERE
 request details/rate quotes:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


© 1999-2022 published by MaxComm Communications a unit of PLANDflex Corporation

FACILITYCalgary newsletters may not be reproduced, distributed, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without prior written permission. All rights reserved. PLANDflex Corporation - http://plandflex.com