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Financials and Investment News in Canada

Husky Announces Review of West White Rose Project
9/9/2020 - Husky Energy announced a review of the West White Rose Project in the Atlantic region. The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the ...
Westport Fuel Systems Secures €7 Million Loan from Deutsche Bank
8/11/2020 - Westport Fuel Systems Inc. have secured a €7 million loan from Deutsche Bank to improve liquidity during the COVID-19 pandemic and finance capital investments for long-term growth. ...
TC Energy Files Rate Case for Columbia Gas Transmission system
7/31/2020 - TC Energy Corporation announced that its wholly-owned subsidiary, Columbia Gas Transmission, LLC (Columbia), filed a general Natural Gas Act Section 4 rate case with the U.S. Federal Energy Regulatory...
Cenovus Closes $1B Offering of Senior Notes
7/30/2020 - Cenovus Energy Inc. has completed a public offering in the United States (the “Offering”) of US$1,000,000,000 in 5.375% senior unsecured notes due 2025 (the “Notes”). The Notes were issued under Cenov...
Pieridae Secures CAD$6M Account Security Guarantee Facility From EDC
7/29/2020 - Pieridae Energy Limited has received approval from Export Development Canada (“EDC”) for a CAD$6 million guarantee facility as part of EDC’s Account Performance Security Guarantee (“APSG”) program. Th...
Westport Fuel Systems Secures €15 Million Loan from UniCredit
7/24/2020 - Westport Fuel Systems Inc. announced that they have secured a €15 million loan from UniCredit to improve liquidity during the COVID-19 pandemic. ...
Southern Energy Corp. Announces Amended & Restated Credit Facility
7/20/2020 - Southern Energy Corp., an established natural gas and oil producer with U.S.-based assets, announces that Southern Energy Corporation (Delaware), a wholly-owned subsidiary of the Company, has complete...
Petrus Resources Announces Extension to Credit Agreement
7/13/2020 - Petrus Resources Ltd. ("Petrus") announces its syndicate of lenders has extended the borrowing base termination date on its revolving credit facility agreement from July 13, 2020 to July 20, 2020. The...
Obsidian Provides Additional Details to Proposed Incentive Plan Amendments
7/12/2020 - Obsidian Energy Ltd. is providing additional details to the proposed Long Term Incentive (“LTI“) plan amendments to be voted on by shareholders at the July 30, 2020 Annual General Meeting (the “AGM“)....
FortisBC's Inaugural Green Bond Issuance to Mark New Step for Sustainability
7/6/2020 - FortisBC Energy Inc., FortisBC's natural gas utility and subsidiary of Fortis Inc. announced a plan to complete a public offering of a Green Bond, a specialized investment targeted to support projects...
Petrus Resources Announces Extension to Credit Agreement
7/6/2020 - Petrus Resources Ltd. announces its syndicate of lenders has extended the borrowing base termination date on its revolving credit facility agreement from July 6, 2020, 2020 to July 13, 2020. The Compa...
Siem Offshore Reaches Agreement with the Canadian Lenders
7/2/2020 - Secunda Canada LP, a 100% owned company of Siem Offshore Inc., has entered into a settlement agreement with all 3 of its Canadian lenders, where all debt is eliminated by a 61% payment. The requiremen...
Paramount Resources Announces Amended Credit Facility
6/30/2020 - Paramount Resources Ltd. has successfully completed amendments to its senior secured revolving bank credit facility (the “Facility”) with the unanimous support of its nine-bank syndicate. ...
Crescent Point Releases 2020 Sustainability Report
6/23/2020 - Crescent Point Energy Corp. has released its 2020 Sustainability Report highlighted by an emissions intensity reduction target of 30 percent by 2025. The Report outlines the Company’s latest progress ...
Obsidian Energy Provides Corporate & Operational Update
6/22/2020 - Obsidian Energy Ltd. is pleased to provide a corporate and operational update. ...
Polaris Infrastructure Completes $27 Million Debt Financing
6/5/2020 - Polaris Infrastructure Inc., a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, is pleased to announce that it has closed on a...
Pulse Oil Announces Private Placement Offering to Fund Bigoray Enhanced Oil Recovery Project
5/21/2020 - Pulse Oil Corp. intends to complete a brokered private placement (the “Private Placement“), whereby the Company and a wholly owned subsidiary of the Company, Pulse Oil Operating Corp (“OpCo“) will iss...
SNC-Lavalin Reports First Quarter 2020 Results
5/7/2020 - SNC-Lavalin Group Inc. announced its results for the first quarter ended March 31, 2020.

2020 First Quarter Highlights

Continued progress on new strategic direction in Q1...
Financing of up to CAD$921,000 by Private Placement
4/6/2020 - Zenith Energy Ltd., is seeking approval to issue up to 75,000,000 new common shares ("Private Placement") to a selection of high net-worth private investors to raise gross proceeds of up to approximat...
Cabot Energy Announces Corporate Update
2/1/2019 - Cabot Energy, the AIM quoted oil and gas company focussed on creating predictable production growth in Canada, balanced with high impact exploration in Italy, provides an update on its financial posit...

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