Mergers and Acquisitions News in Canada

Cenovus & Headwater Close $227.5M Bought Deal Secondary Offering
10/14/2021 - Cenovus Energy Inc. and Headwater Exploration Inc. have closed the previously announced bought deal secondary offering (the “Offering”) of common shares of Headwater (the “Common Shares”). The Offerin...
Cenovus & Headwater Announce Increase for Headwater Common Shares
9/28/2021 - Cenovus Energy Inc. and Headwater Exploration Inc. announced that, due to strong demand, they have agreed with the syndicate of underwriters led by Peters & Co. Limited and BMO Capital Markets to incr...
Prairie Storm Announces Proposed Acquisition by InPlay Oil
9/28/2021 - Prairie Storm Resources Corp. has entered into a definitive acquisition agreement with InPlay Oil Corp. pursuant to which InPlay has agreed to acquire all of the issued and outstanding common shares o...
Cenovus & Headwater Announce Bought Deal 2nd Offering of Headwater Common Shares
9/27/2021 - Cenovus Energy Inc. and Headwater Exploration Inc. announced that they have entered into an agreement with Peters & Co. Limited and BMO Capital Markets (the “Lead Underwriters”), on behalf of a syndic...
Kiwetinohk Completes Strategic Combination with Distinction Energy to Form Kiwetinohk Energy
9/22/2021 - Kiwetinohk Energy Corp. has emerged, as prescribed, from the closure of the business combination of Kiwetinohk Resources Corp. ("KRC") and Distinction Energy Corp. ("Distinction") (the "Business Combi...
Perpetual & Rubellite Announce Completion of Plan of Arrangement
9/3/2021 - Perpetual Energy Inc. and Rubellite Energy Inc. are pleased to announce that the previously announced Plan of Arrangement under the Business Corporations Act (Alberta) (the "Plan of Arrangement") invo...
Spartan Announces Closing of Previously Announced Acquisition and Financing
8/31/2021 - Spartan Delta Corp. is pleased to announce the closing of its previously announced acquisition (the "Acquisition") of Velvet Energy Ltd. ("Velvet"), a privately held light-oil Montney producer with op...
Kiwetinohk & Distinction Shareholders Approve of Plan of Arrangement
8/30/2021 - Kiwetinohk Resources Corp. ("Kiwetinohk") and Distinction Energy Corp. (“Distinction”) are pleased to announce that the shareholders of each company have voted in favour of the previously announced pl...
Hanwei Energy Sells Alberta Oil and Gas Limited Partnership
8/20/2021 - Hanwei Energy Services Corp. has completed the sale of its wholly-owned Alberta limited partnership, HESC Energy Limited Partnership, and its general partner, HESC Energy Corporation (collectively, “H...
Combined Company to Operate as Kiwetinohk Energy Corp.
8/19/2021 - As announced on June 28, 2021, the Boards of Directors and the largest shareholders of each of Kiwetinohk Resources Corp. ("Kiwetinohk") and Distinction Energy Corp. ("Distinction") have agreed to a c...
Surge Energy Closes Strategic $160M Southeast Saskatchewan Light Oil Acquisition
8/18/2021 - Surge Energy Inc. has successfully completed the previously announced acquisition (the "Acquisition") of Astra Oil Corp. ("Astra") pursuant to an arrangement (the "Arrangement") under the provisions o...
SNC-Lavalin Closes Sale of Substantial Portion of Oil & Gas business
SNC-Lavalin Closes Sale of Substantial Portion of Oil & Gas business 7/30/2021 - SNC-Lavalin (SNC), a fully integrated professional services and project management company with offices around the world, today announces that it has closed the sale of a substantial portion of its Re...
AmmPower Terminates Definitive Agreement to Acquire Hydrogen ONE
7/30/2021 - AmmPower Corp. announces, further to its news release dated June 21, 2021, that the agreement to acquire the outstanding share capital of Hydrogen One Technologies Inc. (“Hydro One”) has terminated in...
Spartan Delta Announces Strategic Montney Acquisition
7/28/2021 - Spartan Delta Corp. has entered into a definitive agreement to acquire Velvet Energy Ltd. ("Velvet"), a privately held light-oil Montney producer with operations primarily in the Gold Creek, Karr and ...
Exchanger Industries Limited Acquires HRS Heat Exchangers
7/27/2021 - Exchanger Industries Limited (“EIL”), the Canadian market leader and globally recognized designer and manufacturer of heat transfer products for the energy, petrochemical, industrial and clean power g...
Pembina Terminates Inter Pipeline Acquisition
7/26/2021 - Pembina Pipeline Corporation has terminated the arrangement agreement with Inter Pipeline Ltd. ("Inter Pipeline") providing for the proposed acquisition by Pembina of Inter Pipeline, in accordance wit...
Cathedral & Precision Announce Business Transaction, Strategic Alliance
7/23/2021 - Cathedral Energy Services Ltd. and Precision Drilling Corporation are pleased to announce the closing of Cathedral’s acquisition of Precision’s directional drilling business (the “Transaction”) for a ...
Aurex Signs Purchase and Sale Agreement to Sell US Subsidiary
7/21/2021 - Gary Billingsley, President, Aurex Energy Corp. announces that the Company has entered into a share purchase agreement (the “Share Purchase Agreement”) with Hansco Capital Corp. and Desert Strike Reso...
Cardinal Energy Announces Closing of Acquisition
7/15/2021 - Cardinal Energy Ltd. has successfully closed the previously announced acquisition of Venturion Oil Limited ("Venturion"). Consideration consisted of the issuance of 6.3 million Cardinal common shares ...
Pembina & Inter Pipeline Successful in Alberta Securities Commission Hearing
7/12/2021 - Pembina Pipeline Corporation announced that the Alberta Securities Commission (the "ASC") has dismissed, in its entirety, Brookfield's application to terminate Pembina's proposed plan of arrangement w...

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