• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Lonestar Shareholders Approve Acquisition of Lonestar by Clean Harbors

July 12, 201712:16 PM Marketwired

SYLVAN LAKE, ALBERTA–(Marketwired – July 12, 2017) – Lonestar West Inc. (TSX VENTURE:LSI) (the “Company” and/or “Lonestar“) is pleased to announce the approval by Lonestar’s shareholders, at a special meeting of shareholders held today (the “Meeting“), of the previously announced transaction with Clean Harbors, Inc. (NYSE:CLH) (“Clean Harbors“), whereby Clean Harbors, through an indirect wholly-owned subsidiary, will acquire 100% of Lonestar’s issued and outstanding common shares (“Lonestar Shares“) for C$0.72 per Lonestar Share, including Lonestar Shares issuable upon the exercise of outstanding options (the “Acquisition“). The Acquisition is scheduled to close on July 14, 2017.

At the Meeting, approximately 99.9% of the votes cast by Lonestar shareholders were voted in favour of the Acquisition. A total of 18,611,603 Lonestar Shares, representing approximately 63.2% of the issued and outstanding Lonestar Shares, were voted at the Meeting and each of the directors and officers of Lonestar and certain other principal shareholders, collectively holding approximately 35.7% of the issued and outstanding Lonestar Shares, voted their Lonestar Shares in favor of the Acquisition.

About Lonestar

Based in Sylvan Lake, Alberta, Lonestar West Inc. operates a fleet of 136 Hydrovac, Vacuum and Auxiliary units throughout Western Canada, Ontario, California, and the southern United States. It is focused on profitably growing its HVAC services to become a major competitor in the North American market. For more information please visit the Company’s website at www.lonestarwest.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Lonestar West Inc.
James Horvath
President & CEO
403-887-2074
info@lonestarwest.com

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Discount on Western Canada Select widens
  • European Commission proposes Russian oil price cap 15% below global price
  • US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says
  • Taiwan’s CPC Corp eyes US shale gas assets, sources say
  • Saudi Arabia complying fully with voluntary OPEC+ target, energy ministry says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.