MERGERS & ACQUISITIONS & DISPOSITIONS - QUARTERLY REPORTS - PRODUCTION UPDATES - CORPORATE ANNOUNCEMENTS - FINANCIAL UPDATES -3RD PARTY REPORTS
Monday June 19 2017
Enerplus Announces Cash Dividend for July 2017
Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.01 per share will be payable on July 14, 2017 to all shareholders of record at the close of business on June 29, 2017. The ex-dividend date for this payment is June 27, 2017.
The CDN$0.01 per share dividend is equivalent to approximately US$0.01 per share if converted using the current Canadian/US dollar exchange rate of 0.7528. The U.S. dollar equivalent dividend will be based upon the actual Canadian/US exchange rate applied on the payment date and will be net of any Canadian withholding taxes that may be applicable. Dividends paid by Enerplus are considered an "eligible dividend" for Canadian tax purposes. For U.S. income tax purposes, Enerplus' dividends are considered "qualified dividends".
For further information, including financial and operating results and our most recent corporate presentation, please visit our website at www.enerplus.com or phone 1-800-319-6462. Shareholders may, upon request, obtain a hard copy of Enerplus' complete audited financial statements free of charge.
Enerplus Corporation is a responsible developer of high quality crude oil and natural gas assets in Canada and the United States committed to creating value for its shareholders through a disciplined capital investment strategy.
SOURCE Enerplus Corporation
Enterprise Group Announces Annual and Special Meeting Results
Enterprise Group, Inc. ("Enterprise," or "the Company") (TSX:E) announces that at its annual and special meeting of shareholders held on June 15, 2017 shareholders approved all resolutions set forth in the management information circular dated April 28, 2017, including the election of each of the nominees proposed as directors. The detailed results of the vote are set out below.
Election of Directors
The following nominees were elected as directors of the Company to hold office until the next annual meeting of the shareholders:
Appointment of Auditors
By vote by way of a show of hands, Grant Thornton LLP, Chartered Accountants, of Edmonton, Alberta, were appointed Auditors of the Company.
The motion to approve an ordinary resolution approving an extension to the term of 2,387,500 common share purchase warrants issued to certain directors and officers was approved with 91.57% of votes cast in favour of the resolution and 8.43% of votes cast against the resolution. A total of 10,429,665 common shares held by directors and officers were excluded from voting with respect to this resolution.
About Enterprise Group, Inc.
Enterprise Group, Inc. is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries. The Company's focus is primarily construction services and specialized equipment rental. The Company's strategy is to acquire complementary service companies in Western Canada, consolidating capital, management, and human resources to support continued growth. More information is available at the Company's website www.enterprisegrp.ca. Corporate filings can be found on www.sedar.com
SOURCE Enterprise Group, Inc.
Gibsons Announces Change to Board of Directors
Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), today announced that incoming President and Chief Executive Officer, Steve Spaulding, has been appointed to the Board of Directors (the "Board"). Former President and Chief Executive Officer, Stewart Hanlon, has stepped down from the Board, effective today, as part of the Company's leadership succession. As announced, Mr. Hanlon will continue in an advisory capacity to facilitate a smooth management transition. Mr. Hanlon is retiring from the CEO role after twenty-six years of service to the company and 9 years as a member of the Board.
Gibsons is a Canadian-based midstream energy company with operations in most of the key hydrocarbon-rich basins in North America. For over 60 years, Gibsons has delivered integrated midstream solutions to customers in the oil and gas industry. With headquarters in Calgary, Alberta, the Company's North American operations include the storage, blending, processing, transportation, marketing and distribution of crude oil, natural gas liquids and refined products. The Company also provides oilfield waste and water management services.
Gibson Energy Inc. shares trade under the symbol GEI and are listed on the Toronto Stock Exchange. For more information, visit www.gibsons.com
SOURCE Gibson Energy Inc.
Touchstone Announces Approval of Resolutions at Annual Meeting
Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that on June 19, 2017, it held its annual and special meeting of shareholders (the "Meeting"). During the business proceedings at the Meeting, Touchstone's shareholders approved the following resolutions:
1. Resolution to fix the number of directors of the Company to be elected at the Meeting at six.
2. Shareholders approved the election of six nominees as directors of Touchstone to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with the number and percentage of common shares represented at the Meeting voting by way of ballot in favour of and withheld from voting for each of the individual nominees as follows:
Name of Director
Paul R. Baay
Kenneth R. McKinnon
Thomas E. Valentine
Dr. Harrie Vredenburg
John D. Wright
3. Resolution to re-appoint Ernst & Young LLP, Professional Chartered Accountants, as auditors of the Company for the ensuing year.
Touchstone Exploration Inc. is a Calgary based company engaged in the business of acquiring interests in petroleum and natural gas rights, and the exploration, development, production and sale of petroleum and natural gas. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago. The Company's common shares are traded on the Toronto Stock Exchange under the symbol "TXP".
SOURCE Touchstone Exploration Inc.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.