FACILITYCalgary

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

FACILITYCalgary May 6/25

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Ajay Virmani to Co-CEO and Exec. Chairman @ Cargojet Inc.

+ Alexander Sannikov to Pres. & COO @ Dream Industrial REIT

+ Aris Bogdaneris to Group Head, Canadian Banking @ Scotiabank

+ Arthur Madden to CFO @ Blacksteel Energy Inc.

+ Brad Christian to COO @ Headwater Exploration Inc.

+ Brian Petipas to CFO @ Courtland Industrial/Tufropes

+ Cindy Ady, CEO @ Tourism Calgary, retiring

+ Dominique Hussey to CEO @ Bennett Jones LLP

+ Donna Banks, Sr. VP @ CRESA, retired

+ Francis Shen to Chairman @ VitalHub Corp.

+ Gene Wasylchuk to Interim CEO @ GERI (General Energy Recovery Inc.)

+ James McFarland to Board Chair @ MEG Energy Corp.

+ Jason Jaskela to Pres. & CEO @ Headwater Exploration Inc.

+ Jay Woodcroft, Head Coach @ Edmonton Oilers, fired

+ John Festival to Director @ Cardinal Energy Ltd.

+ John Horgan to Ambassador to Germany @ Government of Canada

+ John Lowe to Board Chair @ TC Energy Corporation

+ John Mercury to Executive Chair @ Bennett Jones LLP

+ Kris Knoblauch to Head Coach @ Edmonton Oilers

+ Michael Farley to Pres. @ Solarvest Bioenergy Inc.

+ Neil Tichkowsky to Counsel @ Lawson Lundell LLP

+ Paul Meyers to Board Chair @ Canadian Association of Petroleum Producers

+ Pauline Dhillon to Co-CEO @ Cargojet Inc.

+ Robert Johnston to Interim CEO @ Total Helium Ltd.

+ Scott Stauth to Pres. @ CNRL

+ Sonya Savage to Director @ Reconciliation Energy Transition Inc.

+ Stuart Janke to CEO @ Cortland International

+ Sudhanshu Priyararshi to President, International/Keurig Dr. Pepper Canada @ Keurig Dr. Pepper Inc.

+ Tim McKay, Pres. @ CNRL, retiring

~ 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 ]




 SAVE THE DATE / upcoming events

+ Nov. 14-15; Oilfield Electrification Technology Conference, Hyatt Houston West, Houston; register, submit abstracts

+ Nov. 15; National Philanthropy Day Luncheon, Palomino Room/BMO Centre, Stamped Park; info/tickets

+ Nov. 15-16; Fenestration Canada’s WinDoor 2023, Toronto Congress Centre, Hall D; registration

+ Nov. 16; U of C – Annual Quantum Public Lecture, Telus Convention Centre, Calgary; register

+ Nov. 23; Launch Party 2023, Platform Calgary, info/ticket

+ Nov. 23; U of C – EARTHx Series – Ocean Exploration and an Unexpected Find, University of Calgary; register

+ Nov. 29-30; Real Estate Forum, Metro Toronto Convention Centre, Toronto; info/register

+ Nov. 30 – Dec. 12; COP28 UAE, Expo City, Dubai; info

+ Dec. 7; U of C – Careers in Technology, Lunch and Learn Series, University of Calgary, Downtown Campus; register

~~~

2024

+ Dec. 6;  Matco Financial Outlook 2024: The Power of Income in Volatile Markets, Telus Convention Centre, complementary/limited seating; reserve your seat

+ Jan. 18; CFA Society Calgary – 47th Annual Forecast Dinner, TELUS Convention Centre – save the date

+ Feb. 8-9; 7th Annual - ECO IMPACT 2024, Westin Downtown, Calgary;  register

+ Apr. 16-17; Innovate West, Vancouver Convention Centre; info/book – save the date

+ Apr. 23-25; 2024 Canadian Hydrogen Convention, Edmonton Convention Centre - register

+ May. 8-9; Retail Supply Chain and Logistics Expo, Las Vegas Convention Centre

+ May 14-15, Canada’s Net-Zero Forum 2024, The Transition Accelerator, save the date/register

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

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

+ 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 – save the date

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




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


IFMA Calgary Chapter has announced/launched its new Sponsor Program.

Membership benefits and options have been updated - Chapter Membership and International Membership

Our IFMA Calendar of Events is in development. Stay tuned for announcements; dates to note for facility tours, education and networking events coming soon ...


Registrations via our Events Page - click here



 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ 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’

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



Have you got news our readers will want to hear?  Send us your appointment (or disappointment) notices, press releases, and industry news to: kolke@facilitycalgary.com



Would you like to advertise in FACILITYCalgary?  If you are interested in sponsorship/advertising, please contact: kolke@markkolke.com



 Sponsors of this week's issue:

ROCKY VIEW COUNTY
Business & Economic Development

 


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



 
BennettJones.com

 


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

 


 
link to Premiere used furniture website
 
OFFICE FURNITURE SALES

 


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

 


 
EXECUTIVE SEARCH


Oliver Baezner, Managing Partner
oliver.baezner@altopartners.ca





CLICK HERE TO GET MARK'S HOME SEARCH APP FOR YOUR MOBILE PHONE - search any MLS listing you see, get information and/or book a showing without making a call - check it out! It's new and aVERY cool tool.

CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES



Mark Kolke, DTM, VP Commercial - MaxWell Capital Realty
6204B Burbank Road SE, Calgary, AB T2H 2C2
. . . . . . . . . . . . . . . . . . . . . . 
Consultant - Special Purpose Projects, P3, Education Facilities
Agent - Investment Sales; Office, Industrial & Retail Leasing
A full-service real estate practice:
Commercial - Investment Sales & Leasing | Consulting | 
Agricultural | Residential Sales | Land | Property Management | 
 
Phone/Text: (403)-312-8359 / email: kolke@markkolke.com 
PLANDflex Corporation / Consulting Services
Editor / Publisher - FACILITYCalgary
MaxWell Capital Realty / VP Commercial /Agent/Realtor
. . . . . . . . . . . . . . . . . . . . . . 



 
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 THIS WEEK - NEWS SUMMARY 

 November 8 ~ 14, 2023


+ AltaGas Ltd. starting construction at Ridley Island Energy Export Facility

+ Cielo Waste Solutions Corp. closed its Expander Energy acquisition

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$78/bbl, Brent @ US$82/bbl

+ Gear Energy Ltd. announced its 2024CapExBudget is $57.0 million

+ Government of Alberta is proposing to reinvent Alberta Health Services … again; 7-member board

+ Government of Alberta calling out the Government of Canada over the report by the Office of the Auditor General of Canada;

+ 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

+ K-Bro Linen Inc. closed its $11.5 million acquisition of Buanderie Villeray

+ 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

+ NuVista Energy Ltd. announced its 2024CapExBudget is $500.0 million

+ Precision Drilling Corporation completed its acquisition of CWC Energy Services Corp.

+ reader contributions: are always welcome. Please forward your comments, news items, and company appointment announcements; forward to: kolke@facilitycalgary.com

+ Reconnaissance Energy Africa Ltd. closed a US$7.5 million sale of its Mexico operations

+ 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 - get on our mailing list to receive REITrag (for paid subscribers only) and MONDAY MORNING MINUTE (free or paid options with extra content – currently REITrag is free for paid Monday Morning Minute subscribers

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 2 to 616 this week; Canada: up 3 to 199 this week; full breakdown and international rig counts

+ Servus Credit Union and connectFirst Credit Union members approved their planned merger

+ Techpetrol Investments S.L. acquired Alpha Lithium Corporation




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Africa Energy Corp. secured a US$8.3 million credit facility

+ AltaGas Ltd. closed a $200.0 million sub debt raise

+ Baylin Technologies Inc. is on the market to raise $13.5 million in equity by a rights offering

+ Crescent Point Energy Corp. closed $500.0 million equity raise

+ FE Battery Metals Corp. is on the market to raise $1.7 million in equity by private placement

+ goeasy Ltd. is on the market to raise US$550.0 million sr. unsecured debt

+ NXT Energy Solutions Inc. is on the market to raise US$2.5 million in convertible debt

+ Royal Helium Ltd. is on the market to raise $5.175 million in equity

+ Southern Energy Corp. completed a US$5.0 million equity raise

+ Suncor Energy is on the market to raise $1.5 billion debt financing

+ West Red Lake Gold Mines Ltd. is on the market to raise $10.0 million in equity

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 …




 CONSTRUCTION + DEVELOPMENT NEWS 

+ City of Calgary announced the planning of the Olympic Plaza redesign; the $40.0 million project is schedule for completion in 2024




 INFRASTRUCTURE + P3 

+ City of Calgary announced the planning of the Olympic Plaza redesign; the $40.0 million project is schedule for completion in 2024




 INTERESTING TRENDS IN OFFICE REAL ESTATE 

+ WeWork closing 4 Canadian locations and 65 U.S. locations in it’s insolvency reorganization efforts




 REITs + TRUST NEWS 

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




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Advantage Energy Ltd. published its new Sustainability Report

+ Kiwetinohk Energy Corp. published its 2022 ESG report

+ Neo Performance Materials Inc. published its 2022 ESG report




 SHAREHOLDER MEETINGS

+ Nov. 28; IntelGenx Technologies Corp., Special Meeting of Shareholders, Saint Laurent

+ Nov. 30; Yellow Pages Limited, Special Meeting of Shareholders, virtual only

+ Dec. 1; OpSens Inc., Special Meeting of Shareholders, Quebec City

~~~

2024

+ Jan. 10; High Arctic Energy Services Inc., Special Meeting of Shareholders, Calgary

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


Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


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

this site last updated May 6, 2025