FACILITYCalgary

+ Advantage Energy acquired a portfolio of Charlie Lake and Montney assets for $450.0 million

+  Bank of Canada cut it’s interest rate June 5^th; further cuts are anticipated

+ Birchcliff Energy Ltd. and AltaGas Ltd. expanded their long-term partnership

+ Calgary Stampede is a go, notwithstanding water crisis

+ Canada Electricity Advisory Council published a report on the future of electricity in Canada

+ Canadian Western Bank to be acquired by National Bank of Canada for $5.0 billion

+ Cielo Waste Solutions Corp. agreed to acquire Carseland facility from Rocky Mountain Clean Fuels Inc.

+ City of Calgary – LOCAL STATE OF EMERGENCY DECLARED – water main breakage repairs underway but 5 ‘hot spots’ also in jeopardy will take another 3-5 weeks  -- fire ban continues with modifications allowing some banned construction work to resume

+ Coast Hotels acquired the 256-room Hilton Downtown Seattle; re-branded as Coast Downtown Seattle

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$80/bbl; Brent @ US$83/bbl ~

+ fire season 2024 is underway: Alberta wildfire concerns are well founded;  11 fires are active – 6 of those are new/2024 fires – none are out of control ~ Government of Canada updated its 2024 Wildfire Season forecast

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

+ FACILITYCalgary – website format changes began last week; many thanks for reader feedback – watch for some new features we’ll be rolling out soon …

+ Government of Alberta credit rating improvement; from AA- to AA

+ 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: down 4 to 590 this week; Canada: up 17 to 160 this week

+ TC Energy – shareholders approved a spinoff of the South Bow Pipeline, to be named South Bow Corporation

+ Trans Mountain pipeline is running 80% full

+ Veren Inc. closed a $600.0 million disposition of non-core assets

+ ADENTRA Inc. closed a $13.054 million equity raise

+ Alectra Inc. closed a $200.0 million debt raise by private placement

+ Avila Energy Corporation is on the market to raise $2.4 million in equity by private placement

+ CIBC is on the market to raise $1.0 billion in sub debt

+ Cielo Waste Solutioins Corp. closed a $2.13 million convertible debt raise by private placement

+ CULT Food Science Corpp. Is on the market to raise $2.5 million in equity by private placement

+ Export Development Canada raised US$1.0 billion in debt by a bond issue

+ Fiddlehead Resources Corp. is on the market to raise $25.0 million in equity

+ Finalta Capital secured $31.0 million in funding

+ First Capital REIT closed a $300.0 million sr. unsecured debt raise

+ First Nations Finance Authority raised $452.0 million debt financing

+ iA Financial Group is on the market to raise $350.0 million in sub debt

+ Manulife Financial Corporation is on the market to raise $500.0 million in sub debt

+ National Bank of Canada closed $1.0 billion equity raise

+ National Bank of Canada closed $500.0 million equity raise by private placement

+ Nutrien Ltd. is on the market to raise US$1.0 billion in debt financings

+ Restaurant Brands Infrastructure Inc. is on the market to raise $1.0 billion in sr. secured debt

+ Sagicor Financial Company Ltd. is on the market to raise $250.0 million in debt by private placement

+ Spectra7 Microsystems Inc. closed 2^nd tranche of its $1.8 million equity raise by private placement

+ Videotron Ltd. is on the market to raise $1.0 billion in debt raises

+ Vizsla Copper Cor. Is on them market to raise $4.5 million by private placement

+ Waste Connections is on the market to raise $500.0 million in sr. debt

+ Coleen Volk to Pres. & CEO @ Canada Mortgage and Housing Corporation

+ David Lawler to Director @ LNG Energy Group Corp.

+ Don Iveson to Director @ Canada Mortgage and Housing Corporation

+ Gavin Lane to CFO @ Western Energy Services Corp.

+ James Scarlett to Director @ AIMIA Inc.

+ Lonn Bate to CFO @ High Arctic Energy Services Inc.

+ J.P. Toner to Pres. & CEO @ RONA Inc.

+ Nicole MacIntryre to Editor in Chief @ Toronto Star

+ Owen Crow Shoe named 2024 Parade Marshall @ Calgary Stampede

+ Paul van Eyk to Global Head of Turnaround & Restructuring @ KPMG

+ Quentin Kyliuk to VP Operations and Engineering @ Questor Technology Inc.

+ Rene Amirault @ Tamarack Valley Energy Ltd.

+ Sarah Walters to Exec. VP & Chief People Officer @ Nutrien

+ Stephanie Setiawan to Director, Sales & Marketing @ Questor Technology 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 ]

+  Gibson Energy, Varme Energy and Canada Growth Fund are partnering to develop a waste-to-energy – 15 yr. deal with City of Edmonton

+ Chorus Aviation published its 2023 Sustainability Report

+ Enserva launched an ESG reporting program - ONEPATH

+ Killam Apartment REIT published it’s 2023 ESG Report

+ KPMG published it’s 2024 Impact Plan

+ Starlight Investments published its Sustainability Report

+ AtkinsRéalis Group Inc. planning to sell its 6.76 % stake in 407 ETR, estimated to worth $1.7 billion

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

+ Amazon Canada has struck a deal with Staples Canada stores to handle returns – details

+ Red Lobster Canada to ask courts to support a stalking horse bid and to OK a sales process – 27 locations in Canada

+ June 18; Alvopetro Energy Ltd., Annual General and Special Meeting, Calgary

+ June 18; Falcon Oil & Gas Ltd., Annual General and Special Shareholder Meeting, Dublin

+ June 20; Africa Energy Corp., Annual General And Special Meeting of Shareholders, Vancouver

+ June 20; BTB REIT, Annual General Meeting of Unitholders, Montreal

+ June 20; Invesque Inc., Annual General Meeting, Toronto

+ June 20; Thinklific Labs Inc., Annual General and Special Meeting, Vancouver

+ June 25; BlackBerry Limited, Annual General and Special Meeting, Waterloo

+ June 26; Aimia Inc., Annual Meeting of Shareholder, Toronto

+ June 26; Chorus Aviation Inc., Annual Meeting of Shareholders, Halifax - virtual

+ 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

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

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

+ June 18; ERA-15; Lessons Learned, TELUS Spark Science Centre, Calgary – free event/register

+ June 18-19; Petrochem Canada Conference and Expo 2024, Sarnia, On; call for presentations

; registration for live attendance of FREE virtual attendance

+ June 24-26; The WorkX Conference, Embrace the Future of Work, Dallas; info/register

+ June 26; Trends and Insights from 2024 Proxy Season: Navigating Boardroom Challenges – free webinar; register

+ 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 ]

+ June 20; IFMA Calgary Chapter – IFMA Calgary Open; Lynx Ridge Golf Club, Calgary; sponsorship / golf

+ June 24; Rotary 28^th Annual Stay-In-School Charity Golf Classic, Glencoe G&C Club, Calgary; register

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

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

FACILITYCalgary FREE