MERGERS & ACQUISITIONS & DISPOSITIONS - QUARTERLY REPORTS - PRODUCTION UPDATES - CORPORATE ANNOUNCEMENTS - FINANCIAL UPDATES -3RD PARTY REPORTS
Black Diamond Group Limited Announces May Dividend
Black Diamond Group Limited ("Black Diamond" or the "Company") (TSX: BDI), a leading provider of workforce accommodation and modular workspace solutions, today declared a dividend of $0.025 per share to be paid on June 15, 2017 to shareholders of record on May 31, 2017. The ex-dividend date is May 29, 2017. This dividend is an 'eligible dividend' for Canadian income tax purposes.
On December 19, 2016 Black Diamond announced the implementation of a Dividend Reinvestment Plan ("DRIP"). The DRIP provides the option for eligible shareholders to have their cash dividends reinvested into additional common shares at a discount rate of 3%. For information on the plan, including eligibility and enrolment please visit www.blackdiamondgroup.com/investor-centre/stock-dividend/.
About Black Diamond
Black Diamond Group provides workforce accommodation, modular buildings, energy services, and full turnkey lodging and major project solutions including planning and management, logistics, and catering to customers in Canada, the United States and Australia. We serve diverse sectors including oil and gas, mining, power, construction, engineering, military, government, education and financial services.
Black Diamond has four core business units: Black Diamond Camps & Lodging, BOXX Modular, Black Diamond Energy Services, and Black Diamond International. Learn more at: www.blackdiamondgroup.com.
SOURCE Black Diamond Group Limited
Bonterra Energy Corp. Announces Approval of All Resolutions at Annual
and Special Meeting of Shareholders and Voting Results
Bonterra Energy Corp. (TSX:BNE) announced that at its annual and special meeting of shareholders held on May 18, 2017, a total of 23,578,991 shares, representing 70.78% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular dated April 6, 2017, including the election of each of the five nominees proposed as directors. The detailed results of the vote are set out below.
Election of Directors
The five director nominees proposed by management were elected by ballot. Proxies and in-person votes were received as follows:
Gary J. Drummond
George F. Fink
Randy M. Jarock
Rodger A. Tourigny
Aidan M. Walsh
Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia. The shares are listed on The Toronto Stock Exchange under the symbol "BNE".
SOURCE Bonterra Energy Corp.
High Arctic Declares Monthly Dividend
High Arctic Energy Services Inc. (TSX:HWO) ("High Arctic" or the "Corporation") is pleased to announce that its Board of Directors has approved a monthly dividend payment of $0.0165 per share to holders of common shares. The dividend is payable on June 14, 2017 to holders of High Arctic common shares of record at the close of business on May 31, 2017. The ex-dividend date is May 29, 2017. The dividend is designated as an "eligible dividend" for Canadian Income Tax purposes.
About High Arctic
High Arctic is a publicly traded company listed on the Toronto Stock Exchange under the symbol "HWO". The Corporation's principal focus is to provide drilling and specialized well completion services, equipment rentals and other services to the oil and gas industry.
High Arctic's largest operation is in Papua New Guinea where it provides drilling and specialized well completion services and supplies rig matting, camps and drilling support equipment on a rental basis. The Canadian operation provides well servicing, well abandonment, snubbing and nitrogen services and equipment on a rental basis to a large number of oil and natural gas exploration and production companies operating in Western Canada.
SOURCE High Arctic Energy Services Inc.
Jura Announces Director Resignation
Jura Energy Corporation (TSX VENTURE:JEC) ("Jura") today announced that Shahzad Ashfaq, director of Jura since July 2012, has advised the board of directors of Jura (the "Board") that he will resign from the Board following the annual and special meeting of shareholders to be held on Thursday, May 25, 2017 at the office of Jura located at Suite 5100, 150 - 6 Avenue SW, Calgary, Alberta at 8 a.m. (Calgary time) (the "Shareholder Meeting"). Mr. Ashfaq is stepping down from the Board to devote more time to his other business interests. The Board has acknowledged Mr. Ashfaq's important contributions to Jura during the period in which he served as a director, and particularly as a member of the Board's audit and reserves committees, and wishes Mr. Ashfaq every success for the future.
The Shareholder Meeting will proceed as planned and there is no need for shareholders to alter their votes that have already been submitted as a result of this resignation. Jura mailed a management information circular (the "Circular") in respect of the Shareholder Meeting to shareholders on or about April 28, 2017, in which management proposed to nominate all of the incumbent directors for re-election. As indicated in the Circular, it is the intention of the management nominee to vote proxies in the form accompanying the Circular in favour of the election of all of the following seven nominees: Stephen C. Akerfeldt, Shahzad Ashfaq, Timothy M. Elliott, Shahid Hameed, Akbar Kazmi, Stephen Smith and Frank J. Turner.
Management of Jura will not nominate another candidate in Mr. Ashfaq's place, and Mr. Ashfaq's resignation will be effective immediately following the close of the Shareholder Meeting. Presuming that there are no other nominees for the Board who are elected at the Shareholder Meeting, Jura will have a six-member Board, and the Board will consider whether it would be beneficial to conduct a search for an additional director or directors.
About Jura Energy Corporation
Jura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan. Jura is based in Calgary, Alberta, and listed on the TSX-V trading under the symbol JEC. Jura conducts its business in Pakistan through its subsidiaries, Frontier Holdings Limited and Spud Energy Pty Limited.
SOURCE Jura Energy Corporation
Veresen Announces Common Share Dividend for May 2017 and
Quarterly Dividend on its Preferred Shares
Veresen Inc. ("Veresen") (TSX:VSN) announces that its Board of Directors has declared a cash dividend for May 2017 of $0.0833 per common share. The dividend will be paid on June 23, 2017 to shareholders of record at the close of business on May 31, 2017. This dividend is designated an "eligible dividend" for Canadian income tax purposes.
Preferred Shares Series A, Series C and Series E
Veresen's Board of Directors also declared the regular quarterly cash dividend of $0.275 per share, $0.3125 per share and $0.3125 per share for the period ended June 30, 2017 on its Cumulative Redeemable Preferred Shares Series A, Series C and Series E, respectively. These dividends will be paid on June 30, 2017 to shareholders of record at the close of business on June 15, 2017. These dividends are designated an "eligible dividend" for Canadian income tax purposes.
About Veresen Inc.
Veresen is a publicly-traded dividend paying corporation based in Calgary, Alberta that owns and operates energy infrastructure assets across North America. Veresen is engaged in three principal businesses: a pipeline transportation business comprised of interests in the Alliance Pipeline, the Ruby Pipeline and the Alberta Ethane Gathering System; a midstream business which includes a partnership interest in Veresen Midstream Limited Partnership which owns assets in western Canada, and an ownership interest in Aux Sable which owns a world-class natural gas liquids (NGL) extraction facility near Chicago and other natural gas and NGL processing infrastructure; and a power business comprised of a portfolio of assets in Canada. Veresen is also working to advance Jordan Cove LNG, a 7.8 million tonne per annum natural gas liquefaction facility proposed to be constructed in Coos Bay, Oregon, and the associated Pacific Connector Gas Pipeline. In the normal course of business, Veresen regularly evaluates and pursues acquisition and development opportunities.
Veresen's Common Shares, Cumulative Redeemable Preferred Shares, Series A, Cumulative Redeemable Preferred Shares, Series C, and Cumulative Redeemable Preferred Shares, Series E trade on the Toronto Stock Exchange under the symbols "VSN", "VSN.PR.A", "VSN.PR.C" and "VSN.PR.E", respectively. For further information, please visit www.vereseninc.com.
SOURCE Veresen Inc.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.