FACILITYCalgary

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

FACILITYCalgary May 6/25

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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 ]




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 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
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E-mail: connect@levvel.ca
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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



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Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025