Petrowest Corporation (T:PRW)
Business Focus: N/A
Nov 08, 2017 10:26 am ET
Petrowest Receivership: Package of Equipment Asset for Sale
CALGARY, Nov. 8, 2017 /CNW/ - Ernst & Young Inc., in its capacity as Court-appointed Receiver and Manager (the "Receiver") of Petrowest Corporation and its affiliates (collectively, "Petrowest"), is seeking parties interested in acquiring a package of heavy construction equipment and rolling stock assets of Petrowest.
Nov 08, 2017 10:14 am ET
Petrowest Receivership: Sale of Nu-Northern Rentals
CALGARY, Nov. 8, 2017 /CNW/ - Ernst & Young Inc., in its capacity as Court-appointed Receiver and Manager (the "Receiver") of Petrowest Corporation and its affiliates (collectively, "Petrowest"), is seeking parties interested in acquiring the assets of Nu-Northern Rentals ("Nu-Northern").
Oct 23, 2017 09:30 am ET
Petrowest Corporation - Sale of Peejay Landfill
CALGARY, Oct. 23, 2017 /CNW/ - Ernst & Young Inc., in its capacity as Court-appointed Receiver and Manager (the "Receiver") of Petrowest Corporation and its affiliates (collectively, "Petrowest"), is seeking parties interested in acquiring the Peejay Landfill ( "Peejay" or the "Landfill") and the Doig Gravel Pit license.
Aug 13, 2017 09:59 pm ET
Petrowest Announces Demand Notice and Consent to Receivership
CALGARY, Aug. 13, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that the Company's banking syndicate have provided a notice demanding immediate repayment of all amounts owing under the credit facilities. The Bridge Loan from subordinated lenders arranged on May 19, 2017 is fully drawn and no additional sources of credit or funding are available. Accordingly, the Company's Board of Directors have consented to the appointment of a receiver and intend on resigning immediately upon such appointment.
Aug 11, 2017 10:45 am ET
IIROC Trading Halt - PRW
TORONTO, Aug. 11, 2017 /CNW/ - The following issues have been halted by IIROC:
Aug 11, 2017 10:11 am ET
IIROC Trade Resumption - PRW
TORONTO, Aug. 11, 2017 /CNW/ - Trading resumes in:
Aug 11, 2017 09:25 am ET
IIROC Trading Halt - PRW
TORONTO, Aug. 11, 2017 /CNW/ - The following issues have been halted by IIROC:
Aug 11, 2017 09:10 am ET
Petrowest Announces Receipt of PRHP Termination Notice
CALGARY, Aug. 11, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that it has received a notice of termination from Acciona Infrastructure Canada Inc. ("Acciona") pursuant to the general partnership agreement for the Site C main civil works project based on alleged Events of Insolvency and Event of Default. Pursuant to the Notice of Termination:
Jun 27, 2017 09:49 pm ET
Petrowest Corporation Reports Annual Shareholder Meeting Voting Results
CALGARY, June 27, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that at its annual and special meeting of shareholders held on June 27, 2017, each of the nominees proposed by management as a director of the Company were elected as directors of the Company.
May 23, 2017 09:00 am ET
IIROC Trade Resumption - PRW
TORONTO, May 23, 2017 /CNW/ - Trading resumes in:
May 19, 2017 08:14 pm ET
Petrowest Corporation Announces Restructuring and Refinancing Update
CALGARY, May 19, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces the achievement of certain important milestones in its restructuring and refinancing efforts. Over the next several months the Company plans to reposition itself as a highly focused provider of heavy construction and infrastructure services with a strong balance sheet. To fully achieve this goal, Petrowest has embarked on a multi-pronged process to dispose of non-core assets, to reduce debt levels, and to right-size the organization in the context of the future business plan.
May 19, 2017 09:14 am ET
IIROC Trading Halt - PRW
TORONTO, May 19, 2017 /CNW/ - The following issues have been halted by IIROC:
May 10, 2017 05:00 pm ET
Petrowest Corporation Announces First Quarter 2017 Financial Results and Corporate Update
CALGARY, May 10, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announced today its consolidated financial results for the three months ended March 31, 2017 and announces refinancing and restructuring update.
May 05, 2017 07:00 pm ET
Petrowest Corporation announces waiver extension
CALGARY, May 5, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that the Company's lenders under both the bank syndicated credit facility and the subordinated loan have extended the waiver period for non-compliance with financial covenants under their respective loan agreements from May 5, 2017 to May 19, 2017.
Apr 21, 2017 06:56 pm ET
Petrowest Corporation Announces Waiver Extension
CALGARY, April 21, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that the Company's lenders under both the bank syndicated credit facility and the subordinated loan have extended the waiver period for non-compliance with financial covenants under their respective loan agreements from April 21, 2017 to May 5, 2017.
Apr 13, 2017 07:30 pm ET
Petrowest Corporation Announces Waiver Extension
CALGARY, April 13, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that the Company's lenders under both the bank syndicated credit facility and the subordinated loan have extended the waiver period for non-compliance with financial covenants under their respective loan agreements from April 13, 2017 to April 21, 2017.
Mar 31, 2017 06:36 pm ET
Petrowest Corporation Announces Waiver Extension
CALGARY, March 31, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that the Company's lenders under both the bank syndicated credit facility and the subordinated loan have extended the waiver period for non-compliance with financial covenants under their respective loan agreements from March 31, 2017 to April 13, 2017.
Mar 30, 2017 05:00 pm ET
Petrowest Corporation announces refinancing update; corporate review update; and 2016 annual and fourth quarter financial results
CALGARY, March 30, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces an update on its refinancing initiatives, corporate review process and the release of its consolidated financial results for the quarter and year ended December 31, 2016.
Dec 12, 2016 08:17 am ET
Petrowest Corporation announces signed term sheet and senior management changes
CALGARY, Dec. 12, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) is pleased to announce it has signed a non-binding agreement with a major financial institution ("ABL Lender") to provide a new asset-backed credit facility ("ABL Loan"). Closing of the ABL Loan transaction is conditional on the successful completion of due diligence by the ABL Lender, and other events. The due diligence process has commenced and is expected to be completed early in the first quarter of 2017. There can be no assurance the due diligence process will be completed satisfactorily, and t
Nov 10, 2016 06:40 pm ET
Petrowest Corporation Announces Third Quarter 2016 Financial Results
CALGARY, Nov. 10, 2016 /CNW/ - Petrowest Corporation ("Petrowest") (TSX:PRW) announced today its consolidated financial results for the three and nine month periods ended September 30, 2016.
Oct 14, 2016 05:57 pm ET
Petrowest Corporation Provides Update on Credit Facilities
CALGARY, Oct. 14, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) is pleased to announce that its lenders (under both the syndicated credit facility and the subordinated debt agreement) have granted an additional extension to the waiver period, which was initially announced on August 10, 2016, from October 14, 2016 to November 10, 2016.
Oct 11, 2016 05:00 pm ET
Petrowest Corporation Announces Senior Management Changes
CALGARY, Oct. 11, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that Roy Larson, Chief Operating Officer and Director, has announced his retirement from Petrowest's executive team, effective immediately. Mr. Larson was the founder of Larson Construction, which sold to Petrowest in 2006. Mr. Larson will remain on the Board of Directors.
Sep 28, 2016 05:00 pm ET
Petrowest Corporation Announces Shortlist for Site C Generating Station and Spillways Civil Works
CALGARY, Sept. 28, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) is pleased to announce that Peace River Hydro Partners, in which Petrowest is a 25% working interest partner, has been shortlisted in a BC Hydro announcement made September 26, 2016 for the generating station and spillways civil works contract for the Site C Clean Energy Project.
Sep 15, 2016 06:50 pm ET
Petrowest Corporation Provides Update on Credit Facilities and Operations
CALGARY, Sept. 15, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) is pleased to announce that its lenders (under both the syndicated credit facility and the subordinated debt agreement) have extended the waiver period, which was previously announced on August 10, 2016, from September 15, 2016 to October 14, 2016.
Aug 10, 2016 09:00 am ET
Petrowest Corporation announces second quarter 2016 financial results; revises 2016 guidance on the back of weather delays; over $20 million of additional infrastructure awards to date in 2016
CALGARY, Aug. 10, 2016 /CNW/ - Petrowest Corporation ("Petrowest") (TSX:PRW) announced today its consolidated financial results for the three and six month periods ended June 30, 2016.
Jun 16, 2016 06:50 pm ET
Petrowest Corporation Reports Voting Results
CALGARY, June 16, 2016 /CNW/ - Petrowest Corporation (the "Company" or "Petrowest") (TSX:PRW) is pleased to announce that at its annual and special meeting of shareholders held on June 15, 2016 that each of the nominees proposed by management as a director of the Company were elected as directors of the Company.
May 12, 2016 05:03 pm ET
Petrowest Corporation announces first quarter 2016 financial results; reaffirms 2016 guidance
CALGARY, May 12, 2016 /CNW/ - Petrowest Corporation ("Petrowest") (TSX:PRW) announced today its consolidated financial results for the three months ended March 31, 2016.
Apr 27, 2016 08:59 am ET
Petrowest Corporation announces closing of bought deal offering
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Apr 07, 2016 09:46 am ET
IIROC Trade Resumption - PRW
TORONTO, April 7, 2016 /CNW/ - Trading resumes in:
Apr 07, 2016 09:37 am ET
IIROC Trading Halt - PRW
TORONTO, April 7, 2016 /CNW/ - The following issues have been halted by IIROC:
Apr 07, 2016 09:04 am ET
Petrowest announces $10 million bought deal financing; reaffirms 2016 adjusted EBITDA guidance
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
Apr 01, 2016 08:00 am ET
Petrowest announces amended and restated syndicated credit facility
CALGARY, April 1, 2016 /CNW/ - Petrowest Corporation ("Petrowest") (TSX:PRW) announced today that it has entered into an amendment and restatement of its credit facility with its syndicate of lenders, led by Bank of Montreal (the "Amended and Restated Credit Agreement"). Lloyd Wiggins, Petrowest's Chief Financial Officer, said "following the award of our largest project since inception, we are delighted by the continuing support from our lenders, which speaks to the transformational year Petrowest anticipates going into 2016 and beyond".
Mar 18, 2016 07:00 am ET
Petrowest Corporation appoints new director, Dan Tsubouchi
CALGARY, March 18, 2016 /CNW/ - Petrowest Corporation ("Petrowest") (TSX:PRW) is pleased to announce the appointment of Dan Tsubouchi to the company's Board of Directors. Mr. Tsubouchi appointment is effective immediately. "Mr. Tsubouchi brings a unique skill set to our Board. His strong financial and strategic planning background will be a tremendous asset to our Company", said Jim Coleman, Executive Chair of the Board of Directors of Petrowest. Upon his appointment, Mr. Tsubouchi said "I am delighted to have the opportunity to join the Petrowest board following the award of the Site C cont
Mar 17, 2016 05:51 pm ET
Petrowest Corporation announces fourth quarter and year end 2015 financial results following transformational contract award; reaffirms 2016 guidance
CALGARY, March 17, 2016 /CNW/ - Petrowest Corporation ("Petrowest") (TSX:PRW) announced today its consolidated financial results for the three months and year ended December 31, 2015.
Mar 01, 2016 08:30 am ET
Petrowest provides update on credit facilities
CALGARY, March 1, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) is pleased to announce that its lenders (under both the syndicated credit facility and the subordinated debt agreement) extended the waiver period, which was previously announced on December 29, 2015, from February 29, 2016 to March 31, 2016.
Jan 18, 2016 07:00 am ET
Petrowest Provides Operational Update and 2016 Outlook
CALGARY, Jan. 18, 2016 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX: PRW) is pleased to announce that the BC Hydro Site C Clean Energy Project ("Site C") main civil works contract is positioned to be underway before the end of January. As a reminder, the main civil works contract is the largest single contract for construction on the Site C project, valued at approximately $1.75 billion. It includes the construction of an earthfill dam, two diversion tunnels, and a concrete foundation for the generating station and spillways.
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.