FACILITYCalgary

FACILITYCalgary FREE

+ Dan Bertram to VP, Business Dev. & COO @ PrairieSky Royalty Ltd.

+ Gord Neal to Director @ Lithium Development Corporation

+ Hal Kvisle to Chairman @ TC Energy Corporation’s spinoff ‘new Liquids Pipeline Company’

+ Karly Ottywill to Chief Technology Officer @ Tradelogiq Markets Inc.

+ Mark Podlasly to Director @ CIBC

+ Nick Pilon to Group Creative Director @ Mosaic

+ Sandro Mazzini to Chief Commercial Officer @ Summit Nanotech

+ Sean Cohan to Pres. @ Bell Media

+ Wade Oosterman, Pres, Bell Media and Vice-Chair @ BCE Inc., 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 ]

+ Bill Lemieux; retired mortgage finance executive, ‘connector’ extraordinaire, 66

+ Garth Mitchell; renowned retailer/Retail Hall of Fame Award, Chairman of Retail Council of Canada, 80

+ Oct. 16-17; The 2023 National Building Decarbonization Forum, National Arts Center, Ottawa – save the date

+ Oct. 16 – 18; 2023 GTEN Symposium, Banff Springs Hotel, Banff; info/register

+ Oct. 18-19; BUILDEX Alberta, 20-24, TELUS Convention Centre, Calgary; info/register

+ Oct. 21; Calgary Public Foundation - #LitGala2023 , Central Library; info/tickets

+ Oct. 23; Top 7 Over 70 biannual Gala honoring 7 extraordinary recipients; Sponsors/Tickets

+ Oct. 27; Classroom Champions, Concert for Classrooms – Barney Bentall & The Caribou Express, Bella Concert Hall, Calgary; info/tickets (link to highlights of 2022 Toronto concert) ; save the dates – Calgary, Oct. 27 / Toronto, Nov. 2 – tickets on sale now – click here to order

+ Oct. 28; Nov. 5; Banff Centre Mountain Film and Book Festival – info/program/tickets

+ Oct. 31; CFA Society Calgary – 23^rd Annual Oil & Gas Forecast Breakfast (7:00 – 9:00 AM); Calgary Petroleum Club; info / tickets

Nov. 1; Calgary Economic Development’s 2024 Economic Outlook, TELUS Convention Centre; info / tickets

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

+ Nov. 2; Sir Winston Churchill Society of Calgary – 57^th Memorial Banquet, Ranchmen’s Club, Calgary; tickets

+ Nov. 6 & 5; 2023 Decentralized Energy Forum, Fairmont Chateau Lake Louise; info / register

+ Nov. 7-8; Canadian Aerospace Summit, Shaw Centre, Ottawa; agenda / register

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

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

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

+ Dec. 6; Matco ‘Outlook 2024’: Crisis = Opportunity, Glencoe Club, Calgary; complementary/limited seating; reserve your seat

+ Oct. 17; Public Sector Pension Investment Board, Annual Public Meeting, virtual only

+ Oct. 25; Clearview Resources Ltd., Special Meeting of Shareholders, Calgary

+ Oct. 25; XORTX Therapeutics. Inc., Special Meeting of Shareholders, Calgary

+ Nov. 7; Essential Energy Services Ltd., Special Meeting of Shareholders, Calgary

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

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

+ 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 ]

+ Oct. 25 – 26; Supply Change Conference and Expo, Calgary Westin Airport, agenda/program / register

FACILITYCalgary FREE

FACILITYCalgary FREE

+ Alberta wildfire status:   77 fires still burning; none are out of control

+ Choice Hotels International (7,500 hotels/630,000 rooms) has made a US$9.8 billion (including debit) to hostile takeover bid after merger talks broke down to acquire world’s largest hotel franchisor (9,000 properties) Wyndham Hotels & Resorts Inc.

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$86/bbl, Brent @ US$89/bbl; forecasts of US$100/bbl are credited with being part of the pricing run-up as supply tightens while demand rises and conflict in the middle-east are pushing prices in anticipation of growing demand

+ ExxonMobil agreed to acquire Pioneer Natural Resources Co for US$59.5 billion

+ 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

+ Government of Alberta; Alberta Pension Plan proposal is in public consultation process, townhalls underway

+ Government of Alberta celebrating Supreme Court Ruling of its challenge of Impact Assessment Act deeming it unconstitutional, but the ruling doesn’t quash it completely – but widely reported impacts suggest the Trudeau government will lack authority to override Alberta policy on emission plans, natural gas fired power plants and many other issues; pipelines that go outside the province and environmental matters will remain subject to this law (it was Bill-69, challenged by the Kenny government which led to last week’s ruling) which will substantially curtail the Federal Government’s authority
+ KPMG acquired IMagosoft; terms not disclosed

+ 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

+ Nomodic Modular Structures Inc., Aithra Projects Inc., and Nomodic Modular Structures (Ontario) Ltd. in bankruptcy proceeding; FTI is trustee

+ Northern Lakeland Indigenous Alliance secured 43% interest in the Access NGL pipeline, with a $103.0 million loan guarantee from the Alberta Indigenous Opportunities Corporation

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

+ 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: up 3 to 622 this week; Canada: up 13 to 193 this week; full breakdown and international rig counts

+ Tourmaline Oil Corp. to acquire Bonavista Energy Corporation for $1.45 billion; 50% Tourmaline shares, 50% cash

+ Tuktu Resources Ltd. completed the sale of its majority (90%) interest in copper project

+ Vincent Communications Ltd. acquired North Peace Communications Ltd.

+ Argentina Lithium & Energy Corp. closed a $90.0 million equity raise

+ Clearco closed $60.0 million funding raise

+ Cymat Technologies Ltd. closed $1.2 million equity raise by private placement

+ Ensign Energy Services Inc. closed a $369.0 million term credit facility

+ FluidAI Medical completed a $15.0 million funding raise

+ Greenbrook TMS Inc. closed $US1.9 million debt raise

+ Hydro One Inc. is on the market to raise $400.0 million in debt

+ Scription closed $2.5 million funding raise

+ Tribe Property Technologies Inc. secured $15.0 million acquisition facility

+ UGE International Ltd. is on the market to raise US$5.0 million in equity

+ Uranium Royalty Corp. is on the market to raise US$30.0 million in equity

+ Vendasta Technologies Inc. closed $20.0 million equity raise

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 …

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

+ Choice Hotels International (7,500 hotels/630,000 rooms) has made a US$9.8 billion (including debit) to hostile takeover bid after merger talks broke down to acquire world’s largest hotel franchisor (9,000 properties) Wyndham Hotels & Resorts Inc.