Mergers and Acquisitions News in Canada

Perpetual & Rubellite Announce Completion of Plan of Arrangement
9/3/2021 - Perpetual Energy Inc. and Rubellite Energy Inc. are pleased to announce that the previously announced Plan of Arrangement under the Business Corporations Act (Alberta) (the "Plan of Arrangement") invo...
Spartan Announces Closing of Previously Announced Acquisition and Financing
8/31/2021 - Spartan Delta Corp. is pleased to announce the closing of its previously announced acquisition (the "Acquisition") of Velvet Energy Ltd. ("Velvet"), a privately held light-oil Montney producer with op...
Kiwetinohk & Distinction Shareholders Approve of Plan of Arrangement
8/30/2021 - Kiwetinohk Resources Corp. ("Kiwetinohk") and Distinction Energy Corp. (“Distinction”) are pleased to announce that the shareholders of each company have voted in favour of the previously announced pl...
Hanwei Energy Sells Alberta Oil and Gas Limited Partnership
8/20/2021 - Hanwei Energy Services Corp. has completed the sale of its wholly-owned Alberta limited partnership, HESC Energy Limited Partnership, and its general partner, HESC Energy Corporation (collectively, “H...
Combined Company to Operate as Kiwetinohk Energy Corp.
8/19/2021 - As announced on June 28, 2021, the Boards of Directors and the largest shareholders of each of Kiwetinohk Resources Corp. ("Kiwetinohk") and Distinction Energy Corp. ("Distinction") have agreed to a c...
Surge Energy Closes Strategic $160M Southeast Saskatchewan Light Oil Acquisition
8/18/2021 - Surge Energy Inc. has successfully completed the previously announced acquisition (the "Acquisition") of Astra Oil Corp. ("Astra") pursuant to an arrangement (the "Arrangement") under the provisions o...
SNC-Lavalin Closes Sale of Substantial Portion of Oil & Gas business
SNC-Lavalin Closes Sale of Substantial Portion of Oil & Gas business 7/30/2021 - SNC-Lavalin (SNC), a fully integrated professional services and project management company with offices around the world, today announces that it has closed the sale of a substantial portion of its Re...
AmmPower Terminates Definitive Agreement to Acquire Hydrogen ONE
7/30/2021 - AmmPower Corp. announces, further to its news release dated June 21, 2021, that the agreement to acquire the outstanding share capital of Hydrogen One Technologies Inc. (“Hydro One”) has terminated in...
Spartan Delta Announces Strategic Montney Acquisition
7/28/2021 - Spartan Delta Corp. has entered into a definitive agreement to acquire Velvet Energy Ltd. ("Velvet"), a privately held light-oil Montney producer with operations primarily in the Gold Creek, Karr and ...
Exchanger Industries Limited Acquires HRS Heat Exchangers
7/27/2021 - Exchanger Industries Limited (“EIL”), the Canadian market leader and globally recognized designer and manufacturer of heat transfer products for the energy, petrochemical, industrial and clean power g...
Pembina Terminates Inter Pipeline Acquisition
7/26/2021 - Pembina Pipeline Corporation has terminated the arrangement agreement with Inter Pipeline Ltd. ("Inter Pipeline") providing for the proposed acquisition by Pembina of Inter Pipeline, in accordance wit...
Cathedral & Precision Announce Business Transaction, Strategic Alliance
7/23/2021 - Cathedral Energy Services Ltd. and Precision Drilling Corporation are pleased to announce the closing of Cathedral’s acquisition of Precision’s directional drilling business (the “Transaction”) for a ...
Aurex Signs Purchase and Sale Agreement to Sell US Subsidiary
7/21/2021 - Gary Billingsley, President, Aurex Energy Corp. announces that the Company has entered into a share purchase agreement (the “Share Purchase Agreement”) with Hansco Capital Corp. and Desert Strike Reso...
Cardinal Energy Announces Closing of Acquisition
7/15/2021 - Cardinal Energy Ltd. has successfully closed the previously announced acquisition of Venturion Oil Limited ("Venturion"). Consideration consisted of the issuance of 6.3 million Cardinal common shares ...
Pembina & Inter Pipeline Successful in Alberta Securities Commission Hearing
7/12/2021 - Pembina Pipeline Corporation announced that the Alberta Securities Commission (the "ASC") has dismissed, in its entirety, Brookfield's application to terminate Pembina's proposed plan of arrangement w...
Parkland Strengthens its Quebec Retail Network with Acquisition of Pétroles Crevier
7/6/2021 - Parkland Corporation has entered into an agreement to acquire Pétroles Crevier Inc. (“Crevier”) (a subsidiary of Crevier Group), which is a well-established retail and wholesale business based in Mont...
Urges Shareholders to Approve Strategic Combination with Inter Pipeline at Upcoming Special Meeting
7/5/2021 - Pembina Pipeline Corporation has filed a joint information circular (the "Joint Circular") and related materials for its special virtual-only meeting of shareholders to be held on July 29, 2021 (the "...
SECURE Energy Completes Merger with Tervita Corporation
7/2/2021 - SECURE Energy Services Inc. and Tervita Corporation are pleased to announce closing of the merger of the two companies.

The merger was compl...
Journey Energy Announces Private Company Acquisition & Amendments to Term Debt
6/24/2021 - Journey Energy Inc. has entered into a definitive agreement for the acquisition of a private company.

ACQUISITION O...
Surge Energy Announces Strategic $160M Southeast Saskatchewan Light Oil Acquisition
6/22/2021 - Surge Energy Inc.has entered into an arrangement agreement (the "Arrangement Agreement"), pursuant to which Surge has agreed to acquire all of the issued and outstanding common shares of Astra ("Astra...

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