FACILITYCalgary

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

FACILITYCalgary May 13/25

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SHAKERS AND MOVERS

 

+ Arther Korpach to Vice-Chairman Investment Banking @ CIBC World Markets Inc.
+ Bob Sartor to CEO @ Big Rock Brewery
+ Chuck Magro to Exec. VP Corp. Dev. & Chief Risk Officer @ Agrium Inc.
+ Eric Miller to Sr. VP & Chief Legal Officer @ Agrium Inc.
+ Ian Bourne to Interim CEO @ SNC-Lavalin, replacing ousted Pierre Duhaime
+ Keith O’Regan, Sr. VP & COO @ Veresen Inc., resigned
+ Rob McMurtry to VP Bus. Solutions & Applications @ ATCO I-Tek
+ Shirley A’Hearn to VP Bus. Process Outsourcing @ ATCO I-Tek
+ Tami Rreich to CFO @ Medwell Capital Corp. 

[send us your firm’s appointment notices to:  research@maxcomm.ca ]

 SAVE THE DATE / upcoming events
+ Apr. 11/2012; Vancouver Real Estate Forum info/register
+ Apr. 25 & 26; CI Energy Group Tight Oil Conference, Calgary info
+ May 10/2012; Edmonton Real Estate Forum info/register
+ June 5/2012; Calgary Leasing Conference info/register
+ June 19; sustainabuild conference, Calgary TELUS Convention Centre info/register

 SAVE THE DATE / corporate meetings

 

+ Mar. 27; Provident Energy Ltd., Special Meeting of Shareholders, Calgary
+ Apr. 1; Reliable Energy Ltd., Special Meeting of Shareholders, Calgary
+ Apr. 3; Scotiabank, Annual Meeting of Shareholders, Saskatoon
+ Apr. 3; Flint Energy Services Ltd., Special Meeting of Security Holders, Calgary
+ Apr. 4; National Bank of Canada, Annual Shareholders Meeting, Montreal
+ Apr. 5; China Coal Corporation, Annual & Special Meeting of Shareholders, Calgary
+ Apr. 19; Calgary Airport Authority, Annual Public Meeting, Calgary
+ April 24; Canadian National Railway Corp, AGM of Shareholders, Halifax
+ April 25; Encana Corporation, Annual Meeting of Shareholders, Calgary
+ May 11; Enerplus Corporation, Annual & Special Meeting of Shareholders, Calgary
+ May 17; Canadian Pacific, Annual Meeting of Shareholders, Calgary 

[send us your firm’s AGM notices to:  research@maxcomm.ca ]

 INFRASTRUCTURE / P3 / GREEN


+ the $24.5 million Calatrava designed Peace Bridge opened

+ $414 million airport tunnel project at Calgary International Airport on track and on budget
 

GOLF QUOTE / JOKE

“If you drink, don’t drive. Don’t even putt.” – Dean Martin

FACILITYCalgary
 published every Tuesday morning

 FRESH ITEMS TODAY 
 Mar. 27 / 2012 

 

+ Alberta provincial election called for April 23rd ; 27th Legislature dissolved, general election will include election of 3 persons for future Senate appointments
+ Antrim Energy Inc. and Crown Point Ventures Ltd. to combine Argentinean operations; Crown paying $53.75 million for Antrim Argentina S.A.
+ Bank of Canada commenced circulation of polymer currency - $50 note features image of Arctic research vessel CCGS Amundsen                                                                                                              
+ current energy prices -  live link to Bloomberg.com commodities data ; crude prices up on improved U.S. economic outlook, positive speeches by FED Chairman Bernancke
+ Enbridge Inc. to invest $1.0 billion to 450,000 barrel/day expansion/capacity increase projects: Flanagan South Pipeline and Seaway Pipeline
+ SNC-Lavalin CEO Pierre Duhaime resigned after internal review found him responsible for ‘breach of ethics’ issues and contracting irregularities; investigation by authorities continues

 NEWS REVIEW 
 Mar. 21  -26  

 

+ Bellamont Exploration Ltd. got shareholder approval for takeover by Storm Resources Ltd.
+ BP put $3.2 billion in minority position North Sea oil assets up for sale
+ Canada has begun free trade negotiations with the government of Japan
+ Enbridge Inc. acquired 50MW Silver State North photovoltaic project from First Solar
+ Glencore International Plc agreed to acquired Viterra Inc. for $6.2 billion; a partnership of Agrium Inc. and Richardson International will acquire certain assets for $2.6 billion
+ Pengrowth Energy  Corp. agreed to acquire NAL Energy Corp. for $1.3 billion
+ Tourmaline Oil Corp. cut back its 2012 CapEx Budget 23% to $375 million
+ TransCanada Corp. is planning a $5.6 billion East Coast Pipeline Project
+ U.S. President Obama endorsed fast-tracking the southern portions of the Keystone XL Pipeline to relieve crude congestion in Cushing, OK, however TransCanada Corp. says they are moving at same pace … so the Obama announcement seems like politics rather than acceleration of the process

FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher

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 - 2012 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:
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FINANCINGS - proposed & closed

 

+ Aroway Energy Inc. closed $2,500,000 credit facility
+ Artis REIT closed $100 million issue of new trust units
+ Cargojet Inc. closed $28,750,000 convertible sub-debt financing
+ Celtic Exploration Ltd. is on the market to raise $150 million in unsecured sub-debt
+ Contact Exploration Inc. closed $1 million convertible debt financing
+ Enbridge Inc. is on the market to raise $350 million issue of new equity
+ MEG Energy Corp. expanded its revolving credit facility by $500 million to $1 billion
+ New Zealand Energy Corp. closed $63.5 million equity financing
+ NXT Energy Solutions Inc. closed US$1.8 million tranche of an equity financing
+ Terra Nova Minerals Inc. is on the market to raise $10 million in new equity

 QUOTES

“Those who are too smart to engage in politics are punished by being governed by thos who are dumber.” – Plato

 

“Politics has become so expensive that it takes a lot of money to be defeated.” – Will Rogers

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 sponsors of this issue:

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INTERIOR DESIGN

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TRUE NORTH MORTGAGE
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e-mail to Duncan Robertson
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this site last updated May 13, 2025