Second quarter of fiscal 2016 net earnings of $415.7 million ($0.73 per share on a diluted basis). Excluding non-recurring items for both comparable periods, net earnings for the quarter would have been approximately $375.0 million or $0.66 per share on a diluted basis compared with $313.0 million or $0.55 per share on a diluted basis for the second quarter of fiscal 2015, an increase of 19.8%. Strong same-store merchandise revenues growth in all markets: 5.2% in the U.S., 3.1% in Europe and [Read more]
Ikkuma Resources Corp. Announces Third Quarter 2015 Financial and Operating Results
CALGARY, Nov. 24, 2015 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSXV: IKM) is pleased to report its financial and operating results for the three and nine months ended September 30, 2015. Selected financial and operational information is set out below and should be read in conjunction with Ikkuma's interim condensed financial statements and the related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2015. Ikkuma's [Read more]
Petromanas provides operational update and announces filing of Q3 2015 financial results
CALGARY, Nov. 23, 2015 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on its Albanian operations. The Company previously announced it had entered into a definitive agreement with a third party to secure a 3,000 horsepower drilling rig for use in its planned appraisal drilling program. The contract had an initial term of two years with an option for extension. Under the terms of an amended agreement, the mobilization notice has been given by [Read more]
Kaisen Energy Corp. Announces Sizeable Private Equity Investment from Kern Energy Partners
Kaisen to Capitalize on Current Market Turmoil through Strategic Drill Bit and Acquisition Activity CALGARY, Nov. 23, 2015 /CNW/ - Kaisen Energy Corp. ("Kaisen" or the "Company") is pleased to announce a newly formed strategic partnership with KERN Energy Partners ("KERN") through a sizeable private equity investment in the Company to fund the strategic development of existing assets and to capitalize on potential present and emerging acquisition opportunities. Since the Company's inception in [Read more]
Seven Generations liquids-rich natural gas wells demonstrate improved productivity through innovation
7G shares to be included in the MSCI World Index New CEO Letter to Shareholders posted on www.7genergy.com TSX: VII CALGARY, Nov. 23, 2015 /CNW/ - Seven Generations Energy Ltd.'s drilling, completions and facilities teams are applying innovative techniques to reduce costs and deliver improved liquids-rich natural gas well productivity that is helping Canadian energy maintain a competitive edge in the over-supplied North American natural gas market. "Our ongoing drive for innovation is [Read more]
Riverstone to Make Offer to Acquire Common Shares and Warrants of CIOC (Canadian International Oil Corp.)
CALGARY, Nov. 20, 2015 /CNW/ - Canadian International Oil Corp. ("CIOC") announces that Riverstone Seneca B.V. ("Riverstone"), a shareholder of CIOC and an affiliate of Riverstone Holdings LLC, intends to make an offer (the "Offer") to purchase any of the CIOC common shares ("Common Shares") and Common Share purchase warrants with an exercise price of $1.20 per warrant ("Warrants") not owned by Riverstone and its affiliates for cash consideration of $1.675 per Common Share and $0.475 per [Read more]
BC Ferries Releases Second Quarter Results
VICTORIA, Nov. 20, 2015 /CNW/ - British Columbia Ferry Services Inc. (BC Ferries) announced its second quarter results today with net earnings of $84.5 million and $103.3 million for the three and six-month periods ended September 30, 2015, up from $76.4 million and $90.3 million for the three and six-month periods ended September 30, 2014. "Due to the seasonality of ferry travel, we typically generate higher net earnings in the first and second quarters, which are subsequently reduced by net [Read more]
Perpetual announces recapitalization transactions
CALGARY, Nov. 20, 2015 /CNW/ - (TSX: PMT; PMT.DB.E) – Perpetual Energy Inc. ("Perpetual", the "Company" or the "Corporation") announces recapitalization transactions (the "Recapitalization Transactions") that involve: A $25 million fully backstopped rights offering (the "Rights Offering"); A new financing arrangement that provides the Company with $18.2 million of additional liquidity collateralized by one million shares of Tourmaline Oil Corp. ("Tourmaline Shares"); Extension of the [Read more]
Remarks for the Honourable Catherine McKenna, Minister of Environment and Climate Change
To the Canada 2020 annual conference, Ottawa, November 20, 2015 OTTAWA, Nov. 20, 2015 /CNW/ - Thank you for that warm welcome, and good morning everyone. I would like to start by recognizing that we are here today on the traditional territory of the Algonquin and Anishinaabe Peoples. I look forward to working with our Indigeneous friends across the country. It's a pleasure to be involved in this important conference. It's especially great to be part of the breakfast session—or as [Read more]
Enerplus Announces Cash Dividend for December 2015
CALGARY, Nov. 20, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.03 per share will be payable on December 15, 2015 to all shareholders of record at the close of business on December 1, 2015. As announced previously, Enerplus believes this is a more appropriate dividend level in the context of current commodity prices. The ex-dividend date for this payment is November 27, 2015. The CDN$0.03 per share dividend is [Read more]
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