FACILITYCalgary

FACILITYCalgary FREE

FACILITYCalgary FREE

+ Alberta Innovates expanding it’s bitumen-to-carbon test facility

+ Alberta Crown Land sales – land sales report

+ AltaLink LP and ATCO Electric Ltd. secured $238.5 million financing from Canada Infrastructure Bank for their 130 km central Alberta transmission line

+ Calgary Stampede is well underway – notwithstanding a heat wave; attendance is strong – an attendance record of 201,000 on Sunday/family day; previous 1-day record was 184,000 in 2012, the year of the 100^th Anniversary of the Stampede

+ Cathedral Energy Services Ltd. completed it’s name change; now known as ACT Energy Technologies Ltd.

+ Ceres Global Ag Corp. sold a 17% stake in Canterra Seeds Holdings Ltd. to United Farmers of Alberta Co-operative

+ CGI Inc. acquired Celero’s credit union services business unit

+ City of Calgary announced/revealed it’s Blue Sky City Logo

+ City of Calgary – LOCAL STATE OF EMERGENCY – WAS LIFTED – water use restrictions have been relaxed, but not completely as testing the system continues following repairs.

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$82/bbl; Brent @ US$85/bbl ~

+ fire season 2024 is underway: Alberta wildfire concerns are well founded;   ~ Government of Canada updated its 2024 Wildfire Season forecast ~ 63 fires are active –  59 of those are new/2024 fires –  13 of those are out of control – most the fire activity is in the north parts of the province where conditions remain extremely dry

+ fire season 2024 disruptions: Suncor Firebag site operations curtailed due to out-of-control fire

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday

+ Government of Alberta investing $15.0 million, provided to the Natural Gas Innovation Fund for their Emissions Testing Centre

+ Government of Calgary surplus was smaller than expected; larger than expected losses at Sturgeon Refinery

+ Government of Canada issued a cabinet directive for clean growth projects: Building Canada’s Clean Future

+ K-Bro Linen Inc closed its $12.0 million purchase of a Montreal laundry business

+ Lanesborough REIT’s proposal to sell all it’s properties not passed by unitholders

+ Long Range Exploration Ltd. and Calgary Sinoenergy Investment Corp. obtained CCAA protection; FTI is the monitor

+ Metro Vancouver Properties Corp. completed its going-private transaction

+ 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

+ 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: up 4 to 585 this week; Canada: down 1 to 175 this week

+ Westcap Managment Ltd. acquired Brydon Stairs Ltd.

+ Wolf Midstream green-lit $1.0 billion Phase II expansion of NGL North System

+ Adrian Lim to CFO @ Wishpond Technologies Inc.

+ Beth Tyndall to Chief People Officer @ Ontario Teachers’ Pension Plan

+ Curtis Philippon to Pres. & CEO @ Gibson Energy Inc.

+ David Vigneault, Director @ Canadian Security Intelligence Service (CSIS), resigned

+ Elizabeth Miles to Sr. Mgr., Corporate Advisory and Restrjctructuring @ PwC

+ Marie-France Poulin to Director @ ViaRail

+ Michael Keenan to Director @ ViaRail

+ Michael McAllister to Director @ MEG Energy Corp.

+ Mike Holland to Director, Bus. Dev. North America @ AtkinsRealis

+ Rizwan Jamal to CEO @ Beanfield Technologies Inc.

+ Santosh Kumar to CFO @ Advantex Marketing International 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 ]

+ AltaGas Ltd. is on the market to raise $500.0 million in debt

+ CULT Food Science Corp. closed $1.426 million tranche of an equity raise by private placement

+ Great Quest Fertilizer Ltd. is on the market to raise $2.0 million in equity

+ Hapbee Technologies Inc. closes a $2.7 million equity raise by private placement

+ Highwood Asset Management Ltd. secured $110.0 million credit facility

+ LSL Pharma Group Inc. closed a $1.5 million first tranche of an equity raise by private placement

+ MCF Energy is on the market to raise $2.5 million in equity by private placement

+ Mercer Park Opportunities Corp. is on the market to raise US$200.0 million in equity by IPO

+ TD Bank is on the market to raise $250.0 million in unsecured sub. debt

+ TD Bank is on the market to raise $60.0 million as a second tranche of a recent debt issue

+ Vertex Resource Group Ltd. secured a $76.0 million credit facility

+ adaptive reuse

+ Ampersand unplugged - podcasts

+ employee perks – beyond the numbers

+ worker confidence rises – half of professionals seek new jobs; really?

+ two auto insurance firms leaving Alberta

+ AltaLink LP and ATCO Electric Ltd. secured $238.5 million financing from Canada Infrastructure Bank for their 130 km central Alberta transmission line

+ call for more EV chargers across Canada

+ AltaLink LP and ATCO Electric Ltd. secured $238.5 million financing from Canada Infrastructure Bank for their 130 km central Alberta transmission line

+ Westcap Management Ltd. acquired Brydon Stairs Ltd.

+ CAE published its 2024 Global Annual Activity and Sustainability Report

+ Crown Realty Partners published it’s 2023 ESG Report

+ MTY Good Group Inc. published its 2023 Sustainability Report

+ Purolator Inc. published its 2023 Sustainability Report

+ Lanesborough REIT’s proposal to sell all it’s properties not passed by unitholders

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

+ Best Buy Canada Express began opening a new concept Best Buy/Bell; first store of 167 store program opened

+ Hudson’s Bay Co. is buying Neiman Marcus for US$2.65 billion

+ Ol’ Beautiul Brewing Company’s tap-room facility in Ramsay destroyed by fire

+ Sobeys has paused its growth of e-commerce – stalled its in-progress Vancouver facility

+ Slate Office REIT under significant strain; its lenders have served default notice on its financings

+ July 17; Westgate Energy Inc., Annual General Meeting of Shareholders, Calgary

+ Aug. 9; Canaccord Genuity Group Inc., Annual General Meeting, Toronto

+ Aug. 20; Dye & Dunham Limited, Special Meeting of Shareholders, Toronto

+ Sept. 9; Datable Technology Corporation, Annual General Meeting, Vancouver

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

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

+ July 9; Market Mall – CF Market Mall 55^th Annual Stampede Breakfast 9AM-11Am

+ Sept. 11-12; Oil Sands Expo, Fort McMurray, info/register

+ Sept. 23- 25; BOMEX 2024, hosted by BOMA Vancouver – save the date

+ Sept. 24-26; International Pipeline Expo 2024, Telus Convention Centre, Calgary

+ Sept. 25-27; CREW Network (Commercial Real Estate Women), 2024 Annual Convention, Vancouver – save the date

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – info / register

+ Nov. 5-6; 2024 Smart Energy Vancouver, Vancouver – save the date;

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

+ July 11; 22^nd Annual COAST Hotels, Shuhachi Naito Golf Classic, Tsawwassen Springs Golf Club, Delta; register

+ July 17; Calgary Construction Association - 80^th Anniversary Classic Golf Tournament, Springbank Links; info/register

+ Aug/ 16 – 18; Rogers Charity Classic/PGA Seniors Tour, Canyon Meadows; tickets/sponsors information tba

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

+ Sept. 18; GDM Golf Charity Classic, Inglewood Golf and Curling Club, Calgary; register

+ Sept. 23; Camp Chief Hector Golf Tournament, Bearspaw Golf Course, Calgary; register

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

+ You never know what worse luck your bad luck saved you from. - Cormac McCarthy

+ Great minds discuss ideas; average minds discuss events; small minds discuss people. - Eleanor Roosevelt

+ to the thousand of volunteers that make the Calgary Stampede a success every year; the greatest outdoor show on earth would be impossible without them; learn more about volunteering 

FACILITYCalgary FREE