공시 • Mar 10
ACT Energy Technologies Ltd. (TSX:ACX) entered into an agreement to acquire Directional Drilling Services Business of SB Consulting, LLC for $47.5 million. ACT Energy Technologies Ltd. (TSX:ACX) entered into an agreement to acquire Directional Drilling Services Business of SB Consulting, LLC for $47.5 million on March 9, 2026. Under the terms of the agreement, ACT has agreed to pay $30 million in cash and issue 3.6 million ACT common shares. In connection with the transaction, ACT has entered into an arrangement with ATB Financial and ATB and Royal Bank of Canada to increase the size of the its existing syndicated credit facility to CAD 145 million ($106.87 million), and increase the U.S. dollar credit availability from $10 million to $30 million. Of the $30 million credit facility, $20 million is a new delayed draw term facility.
The transaction is subject to approval of the Toronto Stock Exchange. The expected completion of the transaction is early April 2026.
Peters & Co., Limited acted as financial advisor for ACT Energy Technologies Ltd. Hartzog Conger Cason & Neville acted as legal advisor for SB Consulting, LLC. Porter Hedges LLP and DS Welch Bussières acted as legal advisor for ACT Energy Technologies Ltd. 공시 • Feb 25
ACT Energy Technologies Ltd., Annual General Meeting, May 07, 2026 ACT Energy Technologies Ltd., Annual General Meeting, May 07, 2026. 공시 • Jan 06
ACT Energy Technologies Ltd. announced that it expects to receive $3.849321 million in funding ACT Energy Technologies Ltd. announced a private placement of 727,660 Common Shares of the company at a price per shares of $5.29 for gross proceeds of $ 3,849,321.4 on January 6, 2026. The transaction includes participation from new investor Stryker Energy Directional Services, LLC. The Stryker Shares are subject to a four-month statutory hold period under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside of Canada. Additionally, the Stryker Shares are subject to contractual resale restrictions, with 25% of the Stryker Shares released on each of the dates that are 12, 24, 36 and 48 months following the Closing Date. 공시 • May 09
ACT Energy Technologies Ltd. Announces Retirement of Ian Brown as A Director ACT Energy Technologies Ltd. announced that Ian Brown did not stand for re-election at the AGM held on May 8, 2025, after serving as a director since 2009 and retired from the board. 공시 • Mar 27
ACT Energy Technologies Ltd. Announces CFO Changes, Effective April 1, 2025 ACT Energy Technologies Ltd. announced that Robert Skilnick will assume the role of chief financial officer effective April 1, replacing Scott MacFarlane who has been serving as interim CFO. Skilnick brings extensive experience as a CFO in the TSX-listed energy services sector, with a strong background in drilling and completions businesses. He holds a bachelor of commerce degree from the University of Saskatchewan and is a member of the Chartered Professional Accountants of Alberta and Canada. 공시 • Feb 25
ACT Energy Technologies Ltd., Annual General Meeting, May 08, 2025 ACT Energy Technologies Ltd., Annual General Meeting, May 08, 2025. 공시 • Aug 13
ACT Energy Technologies Ltd. Reports Unaudited Consolidated Impairment Results for the Second Quarter Ended June 30, 2024 ACT Energy Technologies Ltd. reported unaudited consolidated impairment results for the second quarter ended June 30, 2024. For the period, the company reported write-off of property, plant and equipment was CAD 613,000 against CAD 745,000 a year ago. 공시 • Jun 05
Cathedral Energy Services Ltd. Appoints Daniel Adams to Its Board of Directors and Audit Committee Cathedral Energy Services Ltd. announced the appointment of Mr. Daniel Adams, FCPA FCA, to its Board of Directors, effective June 1, 2024. Mr. Adams has also been appointed to the Audit Committee of the Company. Mr. Adams was awarded the Fellow designation of the Institute of Chartered Accountants (FCPA, FCA) in 2020, holds a Bachelor of Commerce from the University of Calgary, and has over 25 years of professional experience in finance and accounting. He was a partner in the audit practice of KPMG LLP from 1997 until his retirement in 2023, during which time he led or participated in the audits of several public and private companies in the energy services sector. He has also served on the boards and audit /finance committees of a number of non-profit and professional organizations. Mr. Adams joins another recent addition to the Cathedral Board of Directors, Ms. Nyimas (Ami) Arief. As previously announced, Ms. Arief was elected to the Board of Directors at the Company's Annual and Special Meeting of shareholders held on May 9, 2024. 공시 • Mar 27
Cathedral Energy Services Ltd. Reports Write-Off of Property, Plant and Equipment for the Fourth Quarter Ended December 31, 2023 Cathedral Energy Services Ltd. reported write-off of property, plant and equipment for the fourth quarter ended December 31, 2023. For the quarter, the company reported write-off of property, plant and equipment of CAD 1.0 million against CAD 1.1 million a year ago. 공시 • Feb 24
Cathedral Energy Services Ltd., Annual General Meeting, May 09, 2024 Cathedral Energy Services Ltd., Annual General Meeting, May 09, 2024. 공시 • Jul 12
Cathedral Energy Services Ltd. (TSX:CET) acquired Rime Downhole Technologies, LLC for $41 million. Cathedral Energy Services Ltd. (TSX:CET) acquired Rime Downhole Technologies, LLC for $41 million on July 11, 2023. The consideration includes $21 million in cash and $20 million in EP Notes with an exchange price of $1.10 per Common Share. To fund the purchase of Rime, Cathedral has obtained a new $21 million term loan from its lending syndicate while maintaining conservative leverage ratios. Peters & Co., Limited, Acumen Capital Finance Partners Limited, Stifel FirstEnergy, Cormark Securities Inc. acted as financial advisor and DS Welch Bussières, Fasken Martineau DuMoulin LLP and Porter Hedges LLP acted as legal advisor to Cathedral Energy Services Ltd. Parks Paton Hoepfl & Brown acted as financial advisor and Meadows, Owens, Collier, Reed, Cousins & Blau, L.L.P. acted as legal advisor to Rime Downhole Technologies, LLC.
Cathedral Energy Services Ltd. (TSX:CET) completed the acquisition of Rime Downhole Technologies, LLC on July 11, 2023. 공시 • May 09
Cathedral Energy Services Ltd. Names Mike Hearn as Senior Vice-President, Corporate Development Cathedral Energy Services Ltd. named Mike Hearn to the senior management team of the company. Hearn joined recently as senior vice-president, corporate development. He previously served as chief financial officer of Storm Resources Ltd. before it was purchased by Canadian Natural Resources Limited. Hearn is a chartered accountant by background. 공시 • Feb 12
Cathedral Energy Services Ltd. announced that it has received CAD 6.44996 million in funding Cathedral Energy Services Ltd. announced a non-brokered private placement of 14,659,000 common shares at a price of CAD 0.44 per share for gross proceeds of CAD 6,449,960 on February 11, 2022. Insiders of the company subscribed for 4,771,000 (32.55%) of the shares, including 1,465,000 (9.99%) shares by directors and executive officers of the company. The shares will be subject to a four-month statutory hold period under applicable Canadian securities laws. 공시 • Sep 09
Cathedral Energy Services Ltd. (TSX:CET) acquired Operating assets from Valiant Energy Services, LLC for CAD 1.5 million. Cathedral Energy Services Ltd. (TSX:CET) acquired Operating assets from Valiant Energy Services, LLC for CAD 1.5 million on September 8, 2021. The purchase price was satisfied through the issuance of 3,464,204 common shares of Cathedral to Valiant. The Consideration Shares will be subject to a 4-month statutory hold period. Post-closing, Cathedral's Canadian business is expected to operate over 30 jobs in Q3-2021 in the Western Canadian Sedimentary Basin. The principal owner of Valiant, Vaugn Spengler, has entered into a long-term performance-based agreement to remain with Cathedral and will continue to focus on opportunities to support and expand the existing customer base.
Cathedral Energy Services Ltd. (TSX:CET) completed the acquisition of Operating assets from Valiant Energy Services, LLC on September 8, 2021. 공시 • May 11
Cathedral Energy Services Ltd. announced that it has received CAD 3.163625 million in funding On May 10, 2021, Cathedral Energy Services Ltd. (TSX:CET) closed the transaction. The transaction was oversubscribed. The transaction included participation from insiders for 5,060,000 shares. 공시 • Apr 18
Cathedral Energy Services Ltd. announced that it expects to receive CAD 3.163625 million in funding Cathedral Energy Services Ltd. (TSX:CET) announced that it has entered into non-brokered private placement of 12,654,500 shares at issue price of CAD 0.25 per shares for gross proceeds of CAD 3,163,625 on April 16, 2021. The transaction will include participation from officers and directors of the company for 2,920,000 shares. The company expects the transaction to be fully subscribed. All shares issued will be subject to a four-month hold period from closing date. The transaction is subject to the approval of the Toronto Stock Exchange and other customary conditions, and is expected to close on or about May 5, 2021. 공시 • Mar 05
Cathedral Energy Services Ltd., Annual General Meeting, May 13, 2021 Cathedral Energy Services Ltd., Annual General Meeting, May 13, 2021.