NAPEC INC. ANNOUNCES ACQUISITION BY OAKTREE
|
|
- Alexander Richards
- 6 years ago
- Views:
Transcription
1 NAPEC INC. ANNOUNCES ACQUISITION BY OAKTREE Press release For immediate release All dollar amounts in this press release are in Canadian dollars, unless otherwise specified. Drummondville, Quebec, December 4, 2017 NAPEC Inc. ("NAPEC" or the "Company") (TSX: NPC) today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which funds managed by Oaktree Capital Management L.P. ("Oaktree"), will acquire all of the issued and outstanding common shares of NAPEC (the "Shares") for $1.95 in cash per Share (the "Purchase Price"). KEY TRANSACTION HIGHLIGHTS Purchase Price of $1.95 in cash per Share representing a premium of 35.4% to the closing price on December 1, 2017 and a premium of 43.9% to the 20 day volume weighted average price on the TSX. Total transaction value of approximately $320 million, including the assumption of indebtedness. The Board of Directors of NAPEC (the "Board of Directors") unanimously recommends that holders of Shares and warrants (collectively, the "Securityholders") vote in favor of the transaction. Oaktree's Power Opportunities strategy partners with management teams of leading companies that provide equipment, services and/or software used in the generation, transmission, distribution, and consumption of electricity, natural gas and other utility resources. Oaktree intends to leverage the expertise of the management team led by Pierre L. Gauthier, President and Chief Executive Officer, and intends on maintaining its head office in the Province of Quebec post closing. "In recent years, NAPEC has achieved significant progress and built a solid foundation through the realization of its strategic objectives via a combination of organic and acquisition driven growth. This transaction represents a unique opportunity to provide a significant reward to our shareholders while also enabling NAPEC and its employees to enter into a new phase of growth supported by Oaktree s capital, industry expertise, experience and insight", said Pierre L. Gauthier. The transaction has been unanimously approved by NAPEC s Board of Directors following the unanimous recommendation of an independent committee of directors comprised of Luc Reny, Guy Pelletier, Denis Tremblay, Jean Rochette, Serge Chiasson and Yves Filion (the "Independent Committee"). NAPEC s Board of Directors also unanimously recommends that Securityholders vote in favor of the transaction at the special meeting (the "Meeting") of Securityholders to be called to approve the transaction. "We are pleased with the culmination of the independent committee s work
2 and are confident that this transaction is highly beneficial for both NAPEC and its shareholders. We are confident that with Oaktree as its owner and with the strong management team directed by Pierre L. Gauthier, NAPEC will continue to have the financial support and the leadership to expand its market reach in North America", said Luc Reny, Chairman of the Board of Directors. "We are extremely excited about the opportunity to partner with NAPEC s management team to combine Oaktree s significant energy sector experience, network, and financial resources to continue to drive the Company s growth in the North American utility services market, said Jason Lee, Managing Director and Co Portfolio Manager of Oaktree s Power Opportunity Strategy. The Fonds de solidarité FTQ (the "Fonds"), NAPEC's largest shareholder having beneficial ownership and control over approximately 19% of the total Shares and warrants outstanding, has expressed to NAPEC and Oaktree its intention, as of the date hereof, to vote all such Shares and warrants in favor of the Transaction, subject to the Fonds review of the final terms and conditions of the transaction. FAIRNESS OPINIONS National Bank Financial Inc., acting as financial advisor to NAPEC, has provided an opinion to the Independent Committee, and Richter LLP, retained by the Independent Committee as independent financial advisor, has also provided an opinion, each to the effect that, subject to the assumptions, limitations and qualifications set out in such opinions, the consideration to be received by the shareholders in connection with the transaction is fair, from a financial point of view, to such shareholders. The fairness opinions will be included in the management information circular to be mailed to Securityholders in connection with the approval of the transaction. TRANSACTION DETAILS The transaction will be implemented by way of a statutory plan of arrangement under the Canada Business Corporations Act and is subject to court approval and to the approval of at least 66 2/3 % of the votes cast by Securityholders present in person or represented by proxy at the Meeting. The Arrangement Agreement provides that NAPEC is subject to a non solicitation covenant with customary "fiduciary out" provisions allowing the Board of Directors to accept an unsolicited superior proposal in certain circumstances. The Arrangement Agreement also provides Oaktree with a right to match any such unsolicited proposal. A termination fee of $7.0 million would be payable by NAPEC to Oaktree in certain circumstances, including if it fails to exercise its right to match in the context of a superior proposal supported by NAPEC. Oaktree has agreed to pay the Company a termination fee of $7.0 million if the transaction is not completed in certain circumstances. The transaction is subject to customary closing conditions, including the expiration or early termination of waiting periods under the Hart Scott Rodino Antitrust Improvements Act of 1976, receipt of court approval pursuant to the Canada Business Corporation Act and receipt of Securityholder approval. The transaction is supported by a waiver from the Company s existing bank group and is not subject to any financing condition and is expected to close by the end of the first quarter of NAPEC intends to mail a management information circular in the upcoming weeks to its Securityholders for the Meeting expected to be held before February 16, Details of the transaction as well as the
3 rationale for the Board of Directors support of the transaction will be set out in the management information circular. Further details regarding the terms of the transaction are set out in the Arrangement Agreement and will be provided in the management information circular which will be available under the profile of NAPEC at and on NAPEC s website ( ADVISORS National Bank Financial Inc. is acting as financial advisor to NAPEC and Stein Monast LLP and Stikeman Elliott LLP are acting as NAPEC s legal counsel. Kirkland & Ellis LLP and McCarthy Tétrault LLP are acting as legal counsel to Oaktree. OVERVIEW OF THE COMPANY NAPEC is a company operating in the energy sector. The Company is a leading provider of construction and maintenance services to the public utility and heavy industrial markets, mainly in Quebec, Ontario and the eastern United States. NAPEC and its subsidiaries build and maintain utility electrical and natural gas transmission and distribution systems and related energy infrastructure. The Company also installs gas powered and electric powered heavy equipment for utilities, gas fired industrial power plants and petrochemical facilities in North America. The Company also offers environmental construction and road matting services. Additional information on NAPEC can be found in the SEDAR database ( and on the Company s website, at ABOUT OAKTREE Oaktree is a leader among global investment managers specializing in alternative investments, with US$100 billion in assets under management as of September 30, The firm emphasizes an opportunistic, value oriented and risk controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Since its inception in 1995, Oaktree s Power Opportunities strategy has focused exclusively on providing capital to leading companies that provide equipment, services, software and infrastructure used in the electric power and natural gas industries. Headquartered in Los Angeles, Oaktree has over 900 employees and offices in 18 cities worldwide. For additional information, please visit Oaktree s website at CAUTION REGARDING FORWARD LOOKING STATEMENTS This press release may contain forward looking statements that involve risks and uncertainties. All statements other than statements of historical facts included in this press release, including statements regarding the prospects of the industry and prospects, plans, financial position and business strategy of NAPEC, may constitute forward looking statements within the meaning of Canadian securities legislation and regulations. Forward looking statements generally can be identified by the use of forward looking terminology such as may, will, expect, intend, estimate, anticipate, plan, foresee, believe or continue, the negatives of these terms, variations of them and similar expressions. More particularly and without restriction, this press release contains forward looking statements and information regarding: statements and implications about the anticipated benefits of the proposed
4 transaction for NAPEC, its employees, business partners, shareholders and other stakeholders, including future financial and operating results, plans, objectives, expectations and intentions of Oaktree or NAPEC; and the anticipated timing of the special meeting of Securityholders of NAPEC and of the completion of the proposed transaction. In respect of the forward looking statements and information concerning the anticipated benefits and timing of the completion of the proposed transaction, NAPEC has provided such statements and information in reliance on certain assumptions that it believes are reasonable at this time, including assumptions as to the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court and Securityholder approvals; the ability of the parties to satisfy, in a timely manner, the other conditions to the completion of the transaction; and other expectations and assumptions concerning the proposed transaction. The anticipated dates indicated may change for a number of reasons, including the inability to receive, in a timely manner, the necessary regulatory, court and Securityholder approvals, the necessity to extend the time limits for satisfying the other conditions to the completion of the proposed transaction or the ability of the Board of Directors to consider and approve, subject to compliance by the Company of its obligations in this respect under the Arrangement Agreement, a superior proposal for the Company. Although NAPEC believes that the expectations reflected in these forward looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct, that the proposed transaction will be completed or that it will be completed on the terms and conditions contemplated in this press release. Accordingly, investors and others are cautioned that undue reliance should not be placed on any forward looking statements. Risks and uncertainties inherent in the nature of the proposed transaction include, without limitation, the failure of the parties to obtain the necessary Securityholder, regulatory and court approvals or to otherwise satisfy the conditions to the completion of the transaction; failure of the parties to obtain such approvals or satisfy such conditions in a timely manner; significant transaction costs or unknown liabilities; the ability of the Board of Directors to consider and approve, subject to compliance by the Company of its obligations in this respect under the Arrangement Agreement, a superior proposal for the Company; the failure to realize the expected benefits of the transaction; and general economic conditions. Failure to obtain the necessary Securityholder, regulatory and court approvals, or the failure of the parties to otherwise satisfy the conditions to the completion of the transaction or to complete the transaction, may result in the transaction not being completed on the proposed terms, or at all. In addition, if the transaction is not completed, and NAPEC continues as an independent entity, there are risks that the announcement of the proposed transaction and the dedication of substantial resources of the Company to the completion of the transaction could have an impact on its business and strategic relationships (including with future and prospective employees, customers, suppliers and partners), operating results and activities in general, and could have a material adverse effect on its current and future operations, financial condition and prospects. Furthermore, the failure of NAPEC to comply with the terms of the Arrangement Agreement may, in certain circumstances, result in it being required to pay a fee to Oaktree, the result of which could have a material adverse effect on its financial position and results of operations and its ability to fund growth prospects and current operations. Consequently, the reader is cautioned not to place undue reliance on the forward looking statements and information contained in this press release. The forward looking statements in this document reflect the Company s expectations on the date hereof and are subject to change after that date. The Company expressly disclaims any obligation or intention to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, unless required by applicable securities laws.
5 No Offer or Solicitation This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell NAPEC common shares. Source: NAPEC Inc. Contacts: Pierre L. Gauthier Mario Trahan, CPA, CMA President and Chief Executive Officer Chief Financial Officer p.gauthier@napec.ca m.trahan@napec.ca
FOR IMMEDIATE RELEASE January 29, 2018
FOR IMMEDIATE RELEASE January 29, 2018 www.napec.ca TSX: NPC NAPEC INC. REAFFIRMS UNANIMOUS RECOMMENDATION TO VOTE IN FAVOR OF THE ARRANGEMENT WITH AN AFFILIATE OF OAKTREE; FONDS DE SOLIDARITÉ FTQ REAFFIRMS
More informationAgreement Includes a Comprehensive Solution for Debt Obligations That Results in Reduced Debt Balances & Improved Free Cash Flow
Mood Media Announces Acquisition of All Outstanding Common Shares in Connection with Comprehensive Transaction Through Arrangement Agreement with Key Stakeholders Agreement Includes a Comprehensive Solution
More informationAtrium Innovations Inc. to be acquired by the Permira funds and a group of Québec investors
PRESS RELEASE FOR IMMEDIATE RELEASE All dollar amounts in C$ unless otherwise noted Atrium Innovations Inc. to be acquired by the Permira funds and a group of Québec investors MONTREAL, Nov. 29, 2013 /CNW
More informationCNOOC Limited Enters Into Definitive Agreement to Acquire Nexen Inc.
CNOOC Limited Enters Into Definitive Agreement to Acquire Nexen Inc. July 23, 2012 HIGHLIGHTS All-cash price of US$27.50 per Nexen common share The price represents a premium of 61% to the closing price
More informationCHOICE PROPERTIES AND CANADIAN REAL ESTATE INVESTMENT TRUST COMBINE TO FORM CANADA S LARGEST REIT IN A $6.0 BILLION TRANSACTION
CHOICE PROPERTIES AND CANADIAN REAL ESTATE INVESTMENT TRUST COMBINE TO FORM CANADA S LARGEST REIT IN A $6.0 BILLION TRANSACTION Transformational combination creates the preeminent diversified REIT in Canada
More informationNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES.
170 INDUSTRIEL BLVD. BOUCHERVILLE, QC CANADA, J4B 2X3 TEL: (450) 641-2440 FAX: (450) 449-4908 PRESS RELEASE FOR IMMEDIATE RELEASE Uni-Select to become the largest independent distributor of automotive
More informationGOLD CANYON RESOURCES INC.
GOLD CANYON RESOURCES INC. September 1, 2015 FF: TSXV GCU: TSXV PKL: TSXV FIRST MINING ANNOUNCES BUSINESS COMBINATION WITH GOLD CANYON RESOURCES INC. AND PC GOLD INC. VANCOUVER, BC, CANADA First Mining
More informationGLOBAL LEADER IN MEDICAL CANNABIS CREATED BY APHRIA AND NUUVERA COMBINATION
GLOBAL LEADER IN MEDICAL CANNABIS CREATED BY APHRIA AND NUUVERA COMBINATION Combination capitalizes on Nuuvera s expansive international footprint, expanding network into Europe, Africa and the Middle
More informationNews Release September 21, 2015
2550, 300 5 th Avenue S.W. Calgary, Alberta T2P 3C4 Telephone: (403) 216-3939 Facsimile: (403) 234-8731 Website: www.totalenergy.ca News Release September 21, 2015 TOTAL ENERGY SERVICES INC. ANNOUNCES
More informationRepsol to Acquire Talisman Energy for US$8.00 Per Common Share. All-Cash Transaction
Repsol to Acquire Talisman Energy for US$8.00 Per Common Share All-Cash Transaction Highlights: All-cash price of US$8.00 (C$9.33) per Talisman common share delivers significant and immediate value to
More information12/11/2017. GFG Resources Also Announces Private Placement of up to C$7 Million SASKATOON, Saskatchewan, Dec. 11, 2017 (GLOBE NEWSWIRE) --
NEWS RELEASE GFG Resources Announces Agreements to Consolidate Significant Timmins Land Package with Proposed Acquisition of Rapier Gold and Properties from Probe Metals and Osisko Mining 12/11/2017 GFG
More informationOSISKO AND VIRGINIA ANNOUNCE BUSINESS COMBINATION TO CREATE A LEADING INTERMEDIATE GOLD ROYALTY COMPANY
OSISKO AND VIRGINIA ANNOUNCE BUSINESS COMBINATION TO CREATE A LEADING INTERMEDIATE GOLD ROYALTY COMPANY (Montreal and Québec City, Québec, November 17, 2014) Osisko Gold Royalties Ltd. (TSX-OR) ( Osisko
More informationGlencore and Caracal Enter into a Definitive Agreement for Glencore to Acquire Caracal for 5.50 in Cash Per Share
Glencore and Caracal Enter into a Definitive Agreement for Glencore to Acquire Caracal for 5.50 in Cash Per Share --Caracal Terminates Proposed Merger with TransGlobe-- Baar, Switzerland & Calgary, Alberta,
More informationPursuant to the terms and conditions of the Arrangement Agreement:
NEWS RELEASE NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AURCANA ANNOUNCES EXECUTION OF ARRANGEMENT AGREEMENT FOR PREVIOUSLY ANNOUNCED TRANSFORMATIVE ACQUISITION
More informationCanopy Growth to Acquire Hiku Brands to Strengthen Retail and Brand Portfolio
Canopy Growth to Acquire Hiku Brands to Strengthen Retail and Brand Portfolio July 10, 2018 SMITHS FALLS, ON & TORONTO Canopy Growth Corporation ( Canopy Growth ) (TSX:WEED) (NYSE:CGC) and Hiku Brands
More informationMEDIA RELEASE OCEANAGOLD TO ACQUIRE ROMARCO CREATING THE LOWEST COST GOLD PRODUCER GLOBALLY
MEDIA RELEASE 30 July 2015 OCEANAGOLD TO ACQUIRE ROMARCO CREATING THE LOWEST COST GOLD PRODUCER GLOBALLY (MELBOURNE) and (TORONTO) OceanaGold Corporation (TSX/ASX/NZX: OGC) ( OceanaGold ) and Romarco Minerals
More informationNEWS RELEASE TSX: ELD NYSE: EGO May 15, Eldorado to Acquire Integra Gold Corporation
NEWS RELEASE TSX: ELD NYSE: EGO May 15, 2017 Eldorado to Acquire Integra Gold Corporation VANCOUVER, BC Eldorado Gold Corporation (the Company or Eldorado ) is pleased to announce that it has entered into
More informationMETALLA ANNOUNCES FRIENDLY ACQUISITION OF VALGOLD AND ROYALTY ON THE GARRISON PROJECT
METALLA ANNOUNCES FRIENDLY ACQUISITION OF VALGOLD AND ROYALTY ON THE GARRISON PROJECT May 10, 2018 Vancouver, British Columbia and Toronto, Ontario - Metalla Royalty & Streaming Ltd. ( Metalla ) (TSXV:MTA)
More informationALABAMA GRAPHITE CORP. NOTICE OF SPECIAL MEETING OF SECURITYHOLDERS. and MANAGEMENT INFORMATION CIRCULAR. Meeting to be held on March 9, 2018
No securities regulatory authority (including without limitation, any securities regulatory authority of any Canadian province or territory, the United States Securities and Exchange Commission, or any
More informationFirst Majestic Silver Announces Friendly Acquisition of Primero Mining and Restructured Stream with Wheaton Precious Metals
First Majestic Silver Announces Friendly Acquisition of Primero Mining and Restructured Stream with Wheaton Precious Metals January 12, 2018 All amounts are in U.S. dollars unless otherwise stated VANCOUVER,
More informationNOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES For Immediate Release Toronto Stock Exchange: BPF.UN BOSTON PIZZA ROYALTIES INCOME FUND ANNOUNCES ACCRETIVE ACQUISITION
More informationNOTICES OF MEETINGS. -and- NOTICE OF ORIGINATING APPLICATION TO THE COURT OF QUEEN S BENCH OF ALBERTA. -and- JOINT INFORMATION CIRCULAR
NOTICES OF MEETINGS NOTICE OF ORIGINATING APPLICATION TO THE COURT OF QUEEN S BENCH OF ALBERTA -and- -and- JOINT INFORMATION CIRCULAR FOR A SPECIAL MEETING OF THE SHAREHOLDERS OF SPARTAN OIL CORP. AND
More informationMontréal Exchange Press Release
Montréal Exchange Press Release MX REPORTS IMPROVED PROFITABILITY FOR THE FIRST QUARTER 2008 HIGHLIGHTS Q1/2008 VS. Q1/2007 Revenues of $20.7 million compared to $21.9 million Strong performance in equity
More informationFirst Cobalt Announces Friendly Acquisition of US Cobalt
First Cobalt Announces Friendly Acquisition of US Cobalt TORONTO, ON (March 14, 2018) First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) ( First Cobalt ) and US Cobalt Inc. (TSX-V: USCO, OTCQB: USCFF)
More informationTOROMONT ANNOUNCES 2017 RESULTS AND INCREASE IN QUARTERLY DIVIDEND
For immediate release TOROMONT ANNOUNCES 2017 RESULTS AND INCREASE IN QUARTERLY DIVIDEND Toronto, Ontario (February 22, 2018) - Toromont Industries Ltd. (TSX: TIH) today reported financial results for
More informationNews Release November 23, 2016
2550, 300 5 th Avenue S.W. Calgary, Alberta T2P 3C4 Telephone: (403) 216-3939 Facsimile: (403) 234-8731 Website: www.totalenergy.ca News Release November 23, 2016 TOTAL ENERGY SERVICES INC. ANNOUNCES INTENTION
More informationWESTAIM AGREES TO ACQUIRE JEVCO INSURANCE COMPANY FROM KINGSWAY FINANCIAL SERVICES INC
WESTAIM AGREES TO ACQUIRE JEVCO INSURANCE COMPANY FROM KINGSWAY FINANCIAL SERVICES INC. AND ANNOUNCES $275 MILLION PRIVATE PLACEMENT OF SUBSCRIPTION RECEIPTS NOT FOR DISSEMINATION IN THE UNITED STATES
More informationFORM F3 MATERIAL CHANGE REPORT
FORM 51-102F3 MATERIAL CHANGE REPORT 1. Name and Address of Corporation 1 Yonge Street, Suite 1801 Toronto, Ontario, M5E 1W7 2. Date of Material Change August 30, 2018 3. News Release The news release
More informationPress Release. Hydro One to Acquire Avista to Create Growing North American Utility Leader with C$31.2 Billion in Enterprise Value
Press Release Hydro One to Acquire Avista to Create Growing North American Utility Leader with C$31.2 Billion in Enterprise Value Hydro One and Avista combined create a top 20 North American utility focused
More informationINFORMATION STATEMENT COMBINATION WITH CANADIAN REAL ESTATE INVESTMENT TRUST
INFORMATION STATEMENT COMBINATION WITH CANADIAN REAL ESTATE INVESTMENT TRUST March 15, 2018 TABLE OF CONTENTS Page LETTER TO UNITHOLDERS INFORMATION CONTAINED IN THIS INFORMATION STATEMENT... 1 General
More informationGNC PARENT CORPORATION
NOT FILED WITH SEC FORM 8-K EQUIVALENT This Form 8-K Equivalent is being prepared pursuant to a requirement contained in the Indenture, dated as of November 21, 2006, governing GNC Parent Corporation s
More informationCAPREIT AND EUROPEAN COMMERCIAL REIT ANNOUNCE CREATION OF CANADA S FIRST EUROPEAN-FOCUSED MULTI-RESIDENTIAL REIT
CAPREIT AND EUROPEAN COMMERCIAL REIT ANNOUNCE CREATION OF CANADA S FIRST EUROPEAN-FOCUSED MULTI-RESIDENTIAL REIT Transformational transaction combines two European portfolios to focus on attractive European
More informationDESJARDINS FINANCIAL CORPORATION INC.
This document is important and requires your immediate attention. If you are in doubt as to how to deal with it, you should consult your investment dealer, broker, lawyer or other professional advisor.
More informationPress Release For immediate release
Press Release For immediate release Uni-Select acquires The Parts Alliance, a leading and rapidly growing automotive aftermarket parts distributor in the UK Second largest distributor in the UK with 161
More informationCENTERRA GOLD ANNOUNCES FRIENDLY ACQUISITION OF AURICO METALS
CENTERRA GOLD ANNOUNCES FRIENDLY ACQUISITION OF AURICO METALS TORONTO, Ontario November 7, 2017 Centerra Gold Inc. ( Centerra or the Company ) (TSX:CG) and AuRico Metals Inc. ( AuRico Metals ) (TSX:AMI)
More informationUnivar Inc. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event
More informationUpon implementation of the Agreement, each outstanding common share of Osisko will be exchanged for:
YAMANA GOLD AND AGNICO EAGLE ANNOUNCE A FRIENDLY ACQUISITION AGREEMENT WITH OSISKO MINING CORPORATION --C$8.15 per share offer provides superior shareholder value-- TORONTO, ONTARIO, April 16, 2014 YAMANA
More informationTotal Energy Reaffirms Reasons Savanna Shareholders Should Tender to its Offer
2550, 300 5 th Avenue S.W. Calgary, Alberta T2P 3C4 Telephone: (403) 216-3939 Facsimile: (403) 234-8731 Website: www.totalenergy.ca News Release March 21, 2017 Total Energy Reaffirms Reasons Savanna Shareholders
More informationSTRATEGIC PARTNERSHIP WITH ALTRIA TO ACCELERATE GROWTH AND INNOVATION
NASDAQ / TSX TICKER CRON STRATEGIC PARTNERSHIP WITH ALTRIA TO ACCELERATE GROWTH AND INNOVATION December 2018 Disclaimers & Cautionary Statements C R O N O S G R O U P INC. This communication contains forward-looking
More informationGUIDE EXPLORATION LTD. TO ACQUIRE WESTFIRE ENERGY LTD. BECOMING A LEADING INTERMEDIATE OIL AND GAS COMPANY
FOR IMMEDIATE RELEASE - August 8, 2012 GUIDE EXPLORATION LTD. TO ACQUIRE WESTFIRE ENERGY LTD. BECOMING A LEADING INTERMEDIATE OIL AND GAS COMPANY CALGARY, ALBERTA (GO: TSX and WFE: TSX) Guide Exploration
More informationNOTICES OF SPECIAL MEETINGS AND JOINT MANAGEMENT INFORMATION CIRCULAR
NOTICES OF SPECIAL MEETINGS AND JOINT MANAGEMENT INFORMATION CIRCULAR FOR SPECIAL MEETINGS OF THE HOLDERS OF COMMON SHARES OF LOGiQ ASSET MANAGEMENT INC., TO BE HELD ON NOVEMBER 10, 2017 AND 7.00% SENIOR
More informationWestern Energy Services Corp. Enters Into an Agreement to Acquire Pantera Drilling Income Trust
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES JOINT NEWS RELEASE Enters Into an Agreement to Acquire Pantera Drilling Income Trust FOR IMMEDIATE RELEASE:
More informationB2Gold Corp. and CGA Mining Limited Sign Merger Implementation Agreement for Business Combination
B2Gold Corp. and CGA Mining Limited Sign Merger Implementation Agreement for Business Combination The Creation of a Growth-Oriented Mid Tier Gold Producer on a Global Scale Vancouver, September 19, 2012
More informationSNC-Lavalin completes transformative acquisition of WS Atkins
Press Release FOR IMMEDIATE RELEASE SNC-Lavalin completes transformative acquisition of WS Atkins To watch Neil Bruce and Heath Drewett discuss the acquisition, click here. MONTREAL: JULY 3, 2017 - SNC-Lavalin
More informationOSISKO MINING CORPORATION - YAMANA GOLD INC. ANNOUNCE PARTNERSHIP. Superior Value for Shareholders
OSISKO MINING CORPORATION - YAMANA GOLD INC. ANNOUNCE PARTNERSHIP Superior Value for Shareholders Caisse de dépôt et placement du Québec and Canada Pension Plan Investment Board to Invest $550 Million
More informationPress Release FOR IMMEDIATE RELEASE Barbados, 27, November, 2018
Press Release FOR IMMEDIATE RELEASE Barbados, 27, November, 2018 (in USD, except as otherwise noted) NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES or DISSEMINATION IN THE UNITED STATES Sagicor Financial
More informationAscot Resources to Acquire IDM Mining to Create a Leading Gold Development and Exploration Company
Ascot Resources to Acquire IDM Mining to Create a Leading Gold Development and Exploration Company January 7, 2019, Vancouver, BC IDM Mining Ltd. (TSX-V:IDM) (OTCQB: IDMMF)( IDM or the Company ) and Ascot
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 6-K. PRIMERO MINING CORP. (Translation of registrant's name into English)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month
More informationFIRST QUARTER REPORT TO UNITHOLDERS FOR THE THREE MONTHS ENDED MARCH 31, 2010
FIRST QUARTER REPORT TO UNITHOLDERS FOR THE THREE MONTHS ENDED MARCH 31, 2010 W A J A X I N C O M E F U N D 2 0 1 0 WAJAX INCOME FUND TSX Symbol: WJX.UN WAJAX ANNOUNCES 2010 FIRST QUARTER EARNINGS (Dollars
More informationNEWS RELEASE. Transaction Highlights
NEWS RELEASE Esperanza Enters into Agreement with Pan American Silver to Acquire Three Advanced Gold Projects and Pan American Invests $35 Million and Provides a $15 Million Standby Credit Facility to
More informationANNOUNCEMENT DISCLOSEABLE TRANSACTION IN RELATION TO THE PROPOSED ACQUISITION OF AECON
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationForward-Looking Information
CCCC International Holding Limited (CCCI) Acquisition of Aecon Group Inc. ANALYST CALL OCTOBER 26, 2017 Forward-Looking Information The information in this press release includes certain forward-looking
More informationCRESCENT POINT ANNOUNCES STRATEGIC CONSOLIDATION ACQUISITION OF CORAL HILL ENERGY LTD. AND UPWARDLY REVISED 2015 GUIDANCE
PRESS RELEASE CRESCENT POINT ANNOUNCES STRATEGIC CONSOLIDATION ACQUISITION OF CORAL HILL ENERGY LTD. AND UPWARDLY REVISED 2015 GUIDANCE July 2, 2015 CALGARY, ALBERTA. Crescent Point Energy Corp. ( Crescent
More informationTHIRD QUARTER REPORT TO UNITHOLDERS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2010
THIRD QUARTER REPORT TO UNITHOLDERS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2010 W A J A X I N C O M E F U N D 2010 WAJAX INCOME FUND News Release TSX Symbol: WJX.UN WAJAX REPORTS SIGNIFICANTLY IMPROVED
More informationFastForward Innovations Limited. ( FastForward ) Investee Company Update:
29 January 2018 FastForward Innovations Limited ( FastForward ) Investee Company Update: GLOBAL LEADER IN MEDICAL CANNABIS CREATED BY PROPOSED APHRIA AND NUUVERA MERGER NUUVERA VALUED AT APPROXIMATELY
More informationMETRO receives Competition Bureau authorization to proceed with the acquisition of the Jean Coutu Group
Press Release For Immediate Distribution METRO receives Competition Bureau authorization to proceed with the acquisition of the Jean Coutu Group The combination will create a new $16-billion retail leader.
More informationOracle Mining signs indicative term sheet for US$6.5 million secured convertible loan and up to CAD$20 million future project financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Oracle Mining Corp. Oracle Mining signs indicative term sheet for US$6.5 million secured convertible
More informationMINERA ALAMOS AND COREX GOLD COMBINE TO CREATE A LEADING MEXICAN GOLD COMPANY
MINERA ALAMOS AND COREX GOLD COMBINE TO CREATE A LEADING MEXICAN GOLD COMPANY Toronto, Ontario and Vancouver, British Columbia (Marketwired - January 30, 2018) NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE
More informationTransaction Highlights
NEWS RELEASE Vistra Energy and Crius Energy Trust Announce Agreement for Vistra to Acquire Crius Energy, Creating the Leading Residential Electricity Provider in the Nation 2/7/2019 IRVING, Texas, Feb.
More informationCEQUENCE ENERGY LTD. AND OPEN RANGE ENERGY CORP. ANNOUNCE BUSINESS COMBINATION AND $32 MILLION EQUITY FINANCINGS
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. CEQUENCE ENERGY
More information1 st Quarter 2015 CONFERENCE CALL
1 st Quarter 2015 CONFERENCE CALL Réjean Robitaille, President & CEO Michel C. Lauzon, CFO February 26, 2015 at 2 p.m. 1 800 524-8850 FORWARD-LOOKING STATEMENTS In this document and in other documents
More informationCreating Value by Accelerating Transformation & Growth
Creating Value by Accelerating Transformation & Growth Univar Announces Agreement to Acquire Nexeo September 17, 2018 1 2018 Univar, Inc. All rights reserved. Forward-Looking Statements This communication
More informationSJW Group Remains Committed to Merger of Equals with Connecticut Water and its Potential to Create Significant Long-Term Value for Shareholders
SJW Group Remains Committed to Merger of Equals with Connecticut Water and its Potential to Create Significant Long-Term Value for Shareholders San Jose, CA April 19, 2018 SJW Group (NYSE: SJW) today issued
More informationCleco will continue to operate as an independent, locally managed company with its headquarters in Pineville, Louisiana.
Transaction Overview Cleco Corporation has entered into a definitive agreement to be acquired by a group of North American based, long-term infrastructure investors led by Macquarie Infrastructure and
More informationLOON ENERGY CORPORATION AGREES TO AMALGAMATION WITH EMERGING CANNABIS COMPANY
LOON ENERGY CORPORATION AGREES TO AMALGAMATION WITH EMERGING CANNABIS COMPANY Calgary, Alberta: September 17, 2018 Loon Energy Corporation (NEX: LNE.H) ( Loon ) announces that it has entered into an Amalgamation
More informationNOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
MARQUEE ENERGY LTD. AND ALBERTA OILSANDS INC. ANNOUNCE STRATEGIC BUSINESS COMBINATION TO CREATE A WELL CAPITALIZED COMPANY WITH A FOCUSED OIL ASSET BASE POSITIONED FOR GROWTH NOT FOR DISTRIBUTION TO U.S.
More informationAirbus, Bombardier and Investissement Québec agree C Series Partnership closing effective July 1, 2018
Airbus, Bombardier and Investissement Québec agree C Series Partnership closing effective July 1, 2018 Airbus to acquire majority stake in the C Series Aircraft Limited Partnership, effective July 1, 2018
More informationTier One Capital Limited Partnership Management Discussion and Analysis Nine months ended September 30, 2017
Tier One Capital Limited Partnership Management Discussion and Analysis Nine months ended September 30, 2017 Table of Contents Forward-looking Statements... 3 International Financial Reporting Standards...
More informationSPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON MARCH 26, 2018 NOTICE OF MEETING AND MANAGEMENT INFORMATION CIRCULAR
SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON MARCH 26, 2018 NOTICE OF MEETING AND MANAGEMENT INFORMATION CIRCULAR FEBRUARY 22, 2018 GRAN COLOMBIA GOLD CORP. 401 Bay Street, Suite 2400, P.O. Box 15 Toronto,
More informationBLUERUSH MEDIA GROUP CORP.
This management s discussion and analysis of the consolidated financial condition and results of operation ( MD&A ) of BlueRush Media Group Corp. ( BlueRush or the Company ) should be read in conjunction
More informationBuilders FirstSource to Acquire ProBuild. Creates Diversified National Pro Dealer with Approximately $6 Billion in Sales
Builders FirstSource to Acquire ProBuild Creates Diversified National Pro Dealer with Approximately $6 Billion in Sales Significantly Enhances Portfolio of Product Offerings, Services and Capabilities
More informationENBRIDGE INC. $750,000, ,000,000 Cumulative Redeemable Minimum Rate Reset Preference Shares, Series 17
No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise. This prospectus supplement (the Prospectus Supplement ), together with the accompanying
More informationWalgreens Boots Alliance Reports Fiscal 2016 Third Quarter Results
Alliance Reports Fiscal 2016 Third Quarter Results GAAP third quarter net earnings attributable to Alliance per diluted share decrease 14.4 percent to $1.01 compared with the year-ago period; Adjusted
More informationNEWS RELEASE. FOR IMMEDIATE RELEASE March 19, 2018
NEWS RELEASE HECLA TO ACQUIRE THREE HIGH-GRADE NEVADA GOLD MINES WITH THE ACQUISITION OF KLONDEX MINES LTD. Adds 27% more high-grade production to its strong North American silver and gold mines FOR IMMEDIATE
More informationNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ALMONTY ANNOUNCES POSITIVE $2,875,000 Q4 EBITDA FROM MINING OPERATIONS AND THE FILING OF ITS AUDITED ANNUAL CONSOLIDATED
More informationGenworth MI Canada Inc. Reports Second Quarter 2017 Results Including Net Operating Income of $126 Million
2060 Winston Park Drive Suite 300 Oakville, ON L6H 5R7 Genworth MI Canada Inc. Reports Second Quarter 2017 Results Including Net Operating Income of $126 Million Transactional Premiums Written: $161 million
More informationRECAPITALIZATION TRANSACTIONS DECEMBER 2015 BOLD IDEAS FOR ENERGY
RECAPITALIZATION TRANSACTIONS DECEMBER 2015 BOLD IDEAS FOR ENERGY This presentation contains forward-looking statements relating to Perpetual's business and operations that are based on management's current
More informationAgJunction to Acquire Novariant
NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. FOR IMMEDIATE RELEASE AgJunction to Acquire Novariant Creates
More informationAltus Group Reports Second Quarter 2018 Financial Results
Altus Group Reports Second Quarter 2018 Financial Results Altus Group continues to deliver on its key strategic imperatives with investments in cloud and growth in Property Tax TORONTO (August 7, 2018)
More informationFIERA CAPITAL CORPORATION
FIERA CAPITAL CORPORATION NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS AND MANAGEMENT INFORMATION CIRCULAR Dated April 21, 2015 For the Annual General and Special Meeting of Shareholders
More informationKP Tissue Releases Second Quarter 2017 Financial Results
August 9, 2017 KP Tissue Releases Second Quarter 2017 Financial Results Continued improvement despite pulp price headwinds MISSISSAUGA, ONTARIO--(Marketwired - Aug. 9, 2017) - KP Tissue Inc. (KPT) (TSX:KPT)
More informationImmunotec Announces 2013 Fourth Quarter and Full Year Financial Results
Immunotec Announces 2013 Fourth Quarter and Full Year Financial Results Best results since going public in 2007 (Revenues achieving a record $54.8M and Net Profit reaching $1.4M) VAUDREUIL-DORION, QC,
More informationNEW STRATUS ENERGY ANNOUNCES PROPOSED ACQUISITION AND PRIVATE PLACEMENT OFFERING OF SUBSCRIPTION RECEIPTS
NEW STRATUS ENERGY ANNOUNCES PROPOSED ACQUISITION AND PRIVATE PLACEMENT OFFERING OF SUBSCRIPTION RECEIPTS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION BY ANY UNITED STATES NEWS DISTRIBUTION
More informationPROSPECTUS. Initial Public Offering December 6, 2016 SPROTT ENERGY OPPORTUNITIES TRUST. Maximum $100,000,000 (10,000,000 Units)
No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise. This prospectus constitutes a public offering of these securities only in those
More informationathenahealth Enters Definitive Agreement to be Acquired by Veritas Capital For $135 Per Share in Cash
FOR IMMEDIATE RELEASE athenahealth Enters Definitive Agreement to be Acquired by Veritas Capital For $135 Per Share in Cash Evergreen Coast Capital to be Minority Investor in Combination of athenahealth
More informationGOLDEN REIGN AND MARLIN GOLD ENTER INTO ARRANGEMENT AGREEMENT TO COMBINE BUSINESSES AND AMEND STREAM AGREEMENT WITH SAILFISH ROYALTY
GOLDEN REIGN AND MARLIN GOLD ENTER INTO ARRANGEMENT AGREEMENT TO COMBINE BUSINESSES AND AMEND STREAM AGREEMENT WITH SAILFISH ROYALTY VANCOUVER, August 7, 2018 - Golden Reign Resources Ltd. (TSX-V: GRR)
More informationPOCML 4 INC. Management s Discussion and Analysis. (a Capital Pool Corporation) For the Quarter Ended: March 31, Date of Report: May 30, 2018
POCML 4 INC. (a Capital Pool Corporation) Management s Discussion and Analysis For the Quarter Ended: March 31, 2018 Date of Report: May 30, 2018 This management s discussion and analysis of the financial
More information1 st Quarter 2013 CONFERENCE CALL
1 st Quarter 2013 CONFERENCE CALL Réjean Robitaille, President & CEO Michel C. Lauzon, CFO March 6, 2013 at 2 p.m. 1-888-789-9572, Code 5680517 FORWARD-LOOKING STATEMENTS In this document and in other
More informationSHORT FORM PROSPECTUS. Initial Public Offering February 5, 2016 THE EMPIRE LIFE INSURANCE COMPANY $130,000,000
This short form prospectus constitutes a public offering of these securities only in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such securities.
More informationPrice: $ per Common Share
A copy of this preliminary prospectus supplement has been filed with the securities regulatory authority in each of the provinces of Canada and with the Securities and Exchange Commission in the United
More informationOFFER TO PURCHASE FOR CASH
This document is important and requires your immediate attention. If you are in doubt as to how to deal with it, you should consult your investment dealer, stock broker, bank manager, lawyer, accountant
More informationToromont Announces Results for the Third Quarter of 2018 and Quarterly Dividend
Toromont Announces Results for the Third Quarter of 2018 and Quarterly Dividend November 5, 2018 TORONTO, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results
More informationPRESS RELEASE. Duncan Park Announces Private Placement, Shares for Debt Transactions and Other Proposed Corporate Measures
PRESS RELEASE FOR IMMEDIATE RELEASE August 23, 2018 Duncan Park Announces Private Placement, Shares for Debt Transactions and Other Proposed Corporate Measures Toronto, Ontario - Duncan Park Holdings Corporation
More informationAutomotive Finco Corporation
Automotive Finco Corporation Investor Presentation June 2017 1 Forward Looking Information This presentation and the documents incorporated by reference herein contain forward-looking statements and forward-looking
More informationORFORD MINING CORPORATION. (formerly FOCUSED CAPITAL CORP., A Capital Pool Company) MANAGEMENT S DISCUSSION AND ANALYSIS
ORFORD MINING CORPORATION (formerly FOCUSED CAPITAL CORP., A Capital Pool Company) MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2017 (EXPRESSED IN CANADIAN DOLLARS)
More informationCalgary, Alberta September 13, 2018 Prairie Provident Resources Inc.
Prairie Provident Resources Inc. Announces Strategic Acquisition of Marquee Energy Ltd. to Unlock Significant Undeveloped Light Oil Growth Potential; Concurrent Flow-Through and Unit Financing Calgary,
More information2 nd Quarter 2015 CONFERENCE CALL
2 nd Quarter 2015 CONFERENCE CALL Réjean Robitaille, President & CEO Michel C. Lauzon, CFO June 3, 2015 at 2 p.m. 1 800 524-8850 FORWARD-LOOKING STATEMENTS In this document and in other documents filed
More informationNewalta and Tervita to Combine Creating Canada s Largest Energy-Focused Waste and Environmental Services Company
Newalta and Tervita to Combine Creating Canada s Largest Energy-Focused Waste and Environmental Services Company March 1, 2018 Advisories DISCLAIMER Forward-Looking Information Certain statements contained
More informationFOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE May 10, 2018 TSX: WPM NYSE: WPM WHEATON PRECIOUS METALS ANNOUNCES CLOSING OF NEW PRECIOUS METALS PURCHASE AGREEMENT WITH FIRST MAJESTIC ON THE SAN DIMAS MINE AND EARLY WARNING REPORT
More informationIntertape Polymer Group Reports 2016 Third Quarter Results
Intertape Polymer Group Reports 2016 Third Quarter Results MONTREAL, QUEBEC and SARASOTA, FLORIDA November 11, 2016 - Intertape Polymer Group Inc. (TSX:ITP) (the "Company") today released results for the
More information