+ OMERS joining with Japanese pension funds to organize a US$20 billion infrastructure fund to invest in global infrastructure projects
+ City of Calgary is planning ‘urban oasis’ plan fro St. Patrick’s Island that will include a $25 million pedestrian bridge connecting with East Village and Memorial Drive
+ Energy Transfer Partners agreed to acquire Sonoco for $5.3 billion
+ Mountainview Energy Ltd. agreed to acquire $12,678,000 of land positions in Bakken and WillistonBasin
+ Schlumberger agreed to acquire Tesco Corporation’s Casing Drilling Division for $45 million
+ Shell and Iogen scrapped plans to develop biofuel plant in Manitoba
+ TempleREIT agree to acquire Clearwater Suites Timblerlea in Fort McMurray for $30.5 million from Lanesborough REIT
+ The Bank of Canada rethinking interest rate hike due to Canadian GDP figures for February falling short of expectations
NEWS REVIEW Apr. 25 - 30
+ Alston Energy Inc. agreed to combine with CanRock Energy Corp.
+ Canadian Centre for Policy Alternatives report alleges Canadian Banks were secretly back-stopped by Bank of Canada and U.S. Federal Reserve to the extent of $75 billion in the 2008-9 financial crisis
+ Canadian government’s Temporary Foreign Worker Program rules have changed, shortening 12-14 week approval process to a 10 day approval structure
+ Madalena Ventures Inc. adopted a shareholder rights plan
+ MEK Engeharia and Hatch Group formed a JV to work on Brazil and Latin America projects
+ Pacific Rubiales Energy Corp. adopting shareholder rights plan
+ Perpetual Energy Inc. closed $84.3 million asset disposition
+ TransAlta Corp. says its planned $1.4 billion carbon capture plan won’t go ahead, technology isn’t proven economically viable
+ TransGlobe Apartment REIT agreed to takeover, privatization, by Starlight Investments Ltd.
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
An alien spaceship hovered over a golf course. Two aliens were watching a solitary golfer practicing on a golf course. This was a new golfer and they watched in amazement. The golfer duff his tee shot, shanked his second into the rough, took three to get out of the rough into the fairway, slice the next shot into the bushes, took a putter to get it out on the fairway again. Meanwhile, one alien told the other that he must be playing some sort of game and they continued to observe the golfer. Hit a great shot into a bunker by the green. He took several shots to get out of the bunker and finally on to the green. He putted several times until he finally got into the hole. At this stage, the other alien told his partner, "Wow, now he is in serious trouble".
FINANCINGS - proposed & closed
+ Amica Mature Lifestyles Inc. is on the market to raise $24.8 million in new equity
+ Celtic Exploration Ltd. increased its bank credit facility to $335 million
+ Contact Exploration Inc. closed $1,333,020 in new equity
+ Forest Gate Energy Inc. closed $35,000 equity financing
+ GT Canada Medical Properties RETI closed $4,322,244 rights issue
+ Keyera Corp is on the market to raise $200 million in senior unsecured debt
+ Morguard North American Residential REIT closed $7.5 million overallotment of its recent IPO
+ Nordic Oil and Gas Ltd. closed $153,000 equity financing
+ Online Energy Inc. closed $1,098,922 equity financing
+ Passport Energy Ltd. closed $2,604,243 equity financing
