+ May 14 & 15; National Women In Business Expo, Big 4 Building, StampedePark, Calgaryinfo/register + May 17; Saskatchewan Real Estate Forum, TCU Place, Saskatoon; info/register
+ May 17, Mortgage Loans Association Luncheon; Sheraton Suites, Calgary; guest speaker Scot Caithness; info/register: mlaa-clgy@shaw.ca
+ May 24; IN SITU OIL SANDS 2011, Calgary Convention Centre info/register
159th ordinary meeting , Vienna + June 2; SustainaBUILD Conference, BMO Centre, Calgaryinfo/register + June 12-15; Banff World Television Awards, info/register + June 28; NAIOP Golf Tournament, Elbow Springs Golf Club + July 8 – 17; Calgary Stampede, Stampede Park, Calgary - info/tickets
FRESH ITEMS TODAY - May 9/2011
+ Canadian Tire Corporation agreed to acquire The Forzani Group Ltd. for $771 million
+ TransCanada Corp.’s Keystone pipeline is shut due to a fitting failure at Ludden, South Dakota pumping station; 500 barrel leak
FINANCINGS - proposed & closed
+ Home Capital Group Inc. closed $150 million debt financing
+ TC Pipelines LP closed $338 million offering of new equity
+ Vantex Resources Ltd. closed $193,400 new equity issue
GOLF JOKE
After a particularly poor game of golf, a popular club member skipped the clubhouse and started to go home. As he was walking to the parking lot to get his car, a policeman stopped him and asked, "Did you tee off on the sixteenth hole about twenty minutes ago?""Yes," the golfer responded."Did you happen to hook your ball so that it went over the trees and off the course?""Yes, I did. How did you know?" he asked."Well," said the policeman very seriously, "Your ball flew out onto the highway and crashed through a driver's windshield. The car went out of control, crashing into five other cars and a fire truck. The fire truck couldn't make it to the fire, and the building burned down. So, what are you going to do about it?"The golfer thought it over carefully and responded..."I think I'll close my stance a little bit, tighten my grip and lower my right thumb."
QUOTES
“Victory at all costs, victory in spite of all terror, victory however long and had the road may be; for without victory there is no survival.” – Winston Churchill
“Fear – Until you have the courage to lose sight of the shore, you will not know the terror of being forever lost at sea.” – Larry Kersten
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
+ Agrium Inc. acquired Cereal Toscana SA for $27 million
+ Blockbuster Canada Co. has been placed in receivership
+ CanElson Drilling Inc. acquired Eagle Drilling Services
+ Mullen Group Ltd. agreed to acquire Hi-Way 9 Group of Companies
+ Plains All American Pipeline LP had a rupture on its Rainbow line in northern Alberta hat leaked 28,000 barrels of oil, largest spill in 36 years; line remains shut until repairs and cleanup are completed
+ Precision Drilling Corp. increased its CapEx Budget to $514 million to acquire new rigs
+ Stantec agreed to acquire The Caltech Group of companies
+ TC Pipelines LP closed its acquisition of 25% interest in Gas Transmission Corporation LLC and Bison Pipeline LLC
+ TransCanada Corp. commissioned and started its $500 million Coolidge Generating Station in Arizona
COMMENTARY
+ kudos to this year’s Alberta Order Of Excellence awards – Patricia Blocksom (Calgary), Martin Cohos (Calgary), Bruce Hogle (Edmonton), Walter Paszkowski (Sexsmith), Eric Rajah (Lacombe) and Aritha van Herk (Calgary).
+ readers are encouraged to forward news items, commentary, feedback & items for our 'on the move' section by writing to: research@maxcomm.ca . We welcome your information – send us information on corporate news, key staff appointments, financings and notices of upcomg industry and charity events.