Canexus Income Fund (CXUSF) 1.1100 $CXUSF
Valence advises Canexus' board of directors on its business combination with Superior Plus Coporation
M2 - Wed Oct 07, 5:10AM CDT
Acting as financial adviser to the board of directors of Canexus Corporation (TSX:CUS), the Valence Group disclosed on Wednesday that regarding Canexus' business combination with Superior Plus Corporation (TSX:SPB), Superior agreed to acquire all of the issued and outstanding common shares of Canexus at about CAD1.70 per share (the transaction), in common shares of Superior.
SPB.TO: 11.32 (+0.25), CUS.TO: 1.48 (+0.03)
The Valence Group Advises The Board of Directors of Canexus on its Business Combination with Superior Plus
Business Wire - Tue Oct 06, 2:45PM CDT
The Valence Group is acting as financial adviser to the Board of Directors of Canexus Corporation (TSX:CUS) on its business combination with Superior Plus Corporation (TSX:SPB), pursuant to which Superior has agreed to acquire all of the issued and outstanding common shares of Canexus ("Canexus Shares"
for a value at announcement of approximately C$1.70 per Canexus Share (the "Transaction), payable in common shares of Superior ("Superior Shares". Pursuant to the Arrangement Agreement, Canexus shareholders will receive 0.153 (the "Exchange Ratio" of a Superior Share for each Canexus Share, representing the equivalent of C$1.70 per Canexus Share on the 20-day volume weighted-average-price ("VWAP" of Superior Shares. This represents a premium of 36.5% based on the 20-day VWAP of the Superior Shares and the Canexus Shares on The Toronto Stock Exchange ("TSX" as of October 5, 2015 and a premium of 47.6% based on the closing prices of the Superior Shares and the Canexus Shares on the TSX on October 5, 2015.
SPB.TO: 11.32 (+0.25), CUS.TO: 1.48 (+0.03)
Canexus Announces Business Combination With Superior Plus Corp.
Marketwired - Tue Oct 06, 6:01AM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement" with Superior Plus Corp. ("Superior", pursuant to which Superior has agreed to acquire all of the issued and outstanding common shares of Canexus ("Canexus Shares" for a value at announcement of approximately $1.70 per Canexus Share (the "Transaction), payable in common shares of Superior ("Superior Shares". Pursuant to the Arrangement Agreement, Canexus shareholders will receive 0.153 (the "Exchange Ratio" of a Superior Share for each Canexus Share, representing the equivalent of $1.70 per Canexus Share on the 20-day volume weighted-average-price ("VWAP" of Superior Shares. This represents a premium of 36.5% based on the 20-day VWAP of the Superior Shares and the Canexus Shares on The Toronto Stock Exchange ("TSX" as of October 5, 2015 and a premium of 47.6% based on the closing prices of the Superior Shares and the Canexus Shares on the TSX on October 5, 2015.
CUS.TO: 1.48 (+0.03)
Cenovus completes transaction to purchase rail terminal
CNW Group - Mon Aug 31, 8:00PM CDT
Facility ownership strengthens market access
CVE: 16.93 (-0.14), CVE.TO: 21.90 (-0.32)
Canexus Completes Sale of NATO and Amends Credit Agreement
Marketwired - Mon Aug 31, 7:59PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" is pleased to announce the completion of the previously announced sale of the North American Terminal Operations ("NATO" to Cenovus Energy Inc. for a purchase price of approximately $75 million, subject to adjustments. The Corporation also announces certain amendments to its existing credit facilities, effective September 1, 2015, including (i) amendments to its Extendible Revolver Credit Facility ("Credit Agreement" which will provide the Corporation with increased financial flexibility, and (ii) the addition of a non-revolving credit facility in the amount of $60 million to repay the 5.75% Series III Convertible Unsecured Subordinated Debentures ("Series III Debentures" maturing December 31, 2015.
CUS.TO: 1.48 (+0.03), CVE: 16.93 (-0.14)
Canexus Confirms Quarterly Dividend
Marketwired - Thu Aug 13, 5:50PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" confirms that the quarterly dividend to be paid on October 15, 2015, for shareholders of record on September 30, 2015, will be CDN$0.01 per share.
CUS.TO: 1.48 (+0.03)
Canexus Announces 2015 Second Quarter Results
Marketwired - Wed Aug 05, 5:44PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" today announced its financial results for the second quarter ended June 30, 2015.
CUS.TO: 1.48 (+0.03)
Canexus to Hold Second Quarter 2015 Conference Call
Marketwired - Tue Jul 28, 5:30AM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" today announced it will hold a conference call and live webcast on August 6, 2015 at 7:00 am MT (9:00 am ET) to discuss Canexus' second quarter 2015 financial results. A news release will be issued the evening before the call.
CUS.TO: 1.48 (+0.03)
Canexus - Up To 54% Potential Near-Term Upside, With A Slow And Steady Long-Term Path To Recovery
Canadian Small Cap Oped - at Seeking Alpha - Tue Jun 09, 11:15PM CDT
Canexus Agrees to Sell NATO Asset
Marketwired - Thu Jun 04, 3:30PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" has entered into an agreement to sell its North American Terminal Operations ("NATO" in Bruderheim, Alberta to Cenovus Energy Inc. for $75 million cash consideration, subject to adjustment. The Purchase and Sale Agreement has an economic effective date of June 30, 2015, and closing is expected for August 31, 2015, subject to certain closing conditions. All net proceeds will be used to pay down bank debt.
CUS.TO: 1.48 (+0.03), CVE: 16.93 (-0.14)
Canexus Corporation's Shareholders Approve Resolutions at Annual Meeting
Marketwired - Fri May 08, 4:00PM CDT
Canexus Corporation (TSX: CUS) held its Annual General Meeting of Shareholders in Calgary on May 7, 2015. A total of 117,268,751 shares (63.04% of the total issued and outstanding shares) were represented in person or by proxy. The voting results for the resolution to elect individual directors were as follows:
CUS.TO: 1.48 (+0.03)
Canexus' (CXUSF) CEO Doug Wonnacott on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu May 07, 11:43AM CDT
Valence advises Canexus' board of directors on its business combination with Superior Plus Coporation
M2 - Wed Oct 07, 5:10AM CDT
Acting as financial adviser to the board of directors of Canexus Corporation (TSX:CUS), the Valence Group disclosed on Wednesday that regarding Canexus' business combination with Superior Plus Corporation (TSX:SPB), Superior agreed to acquire all of the issued and outstanding common shares of Canexus at about CAD1.70 per share (the transaction), in common shares of Superior.
SPB.TO: 11.32 (+0.25), CUS.TO: 1.48 (+0.03)
The Valence Group Advises The Board of Directors of Canexus on its Business Combination with Superior Plus
Business Wire - Tue Oct 06, 2:45PM CDT
The Valence Group is acting as financial adviser to the Board of Directors of Canexus Corporation (TSX:CUS) on its business combination with Superior Plus Corporation (TSX:SPB), pursuant to which Superior has agreed to acquire all of the issued and outstanding common shares of Canexus ("Canexus Shares"
for a value at announcement of approximately C$1.70 per Canexus Share (the "Transaction), payable in common shares of Superior ("Superior Shares". Pursuant to the Arrangement Agreement, Canexus shareholders will receive 0.153 (the "Exchange Ratio" of a Superior Share for each Canexus Share, representing the equivalent of C$1.70 per Canexus Share on the 20-day volume weighted-average-price ("VWAP" of Superior Shares. This represents a premium of 36.5% based on the 20-day VWAP of the Superior Shares and the Canexus Shares on The Toronto Stock Exchange ("TSX" as of October 5, 2015 and a premium of 47.6% based on the closing prices of the Superior Shares and the Canexus Shares on the TSX on October 5, 2015. SPB.TO: 11.32 (+0.25), CUS.TO: 1.48 (+0.03)
Canexus Announces Business Combination With Superior Plus Corp.
Marketwired - Tue Oct 06, 6:01AM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement" with Superior Plus Corp. ("Superior", pursuant to which Superior has agreed to acquire all of the issued and outstanding common shares of Canexus ("Canexus Shares" for a value at announcement of approximately $1.70 per Canexus Share (the "Transaction), payable in common shares of Superior ("Superior Shares". Pursuant to the Arrangement Agreement, Canexus shareholders will receive 0.153 (the "Exchange Ratio" of a Superior Share for each Canexus Share, representing the equivalent of $1.70 per Canexus Share on the 20-day volume weighted-average-price ("VWAP" of Superior Shares. This represents a premium of 36.5% based on the 20-day VWAP of the Superior Shares and the Canexus Shares on The Toronto Stock Exchange ("TSX" as of October 5, 2015 and a premium of 47.6% based on the closing prices of the Superior Shares and the Canexus Shares on the TSX on October 5, 2015. CUS.TO: 1.48 (+0.03)
Cenovus completes transaction to purchase rail terminal
CNW Group - Mon Aug 31, 8:00PM CDT
Facility ownership strengthens market access
CVE: 16.93 (-0.14), CVE.TO: 21.90 (-0.32)
Canexus Completes Sale of NATO and Amends Credit Agreement
Marketwired - Mon Aug 31, 7:59PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
is pleased to announce the completion of the previously announced sale of the North American Terminal Operations ("NATO" to Cenovus Energy Inc. for a purchase price of approximately $75 million, subject to adjustments. The Corporation also announces certain amendments to its existing credit facilities, effective September 1, 2015, including (i) amendments to its Extendible Revolver Credit Facility ("Credit Agreement" which will provide the Corporation with increased financial flexibility, and (ii) the addition of a non-revolving credit facility in the amount of $60 million to repay the 5.75% Series III Convertible Unsecured Subordinated Debentures ("Series III Debentures" maturing December 31, 2015. CUS.TO: 1.48 (+0.03), CVE: 16.93 (-0.14)
Canexus Confirms Quarterly Dividend
Marketwired - Thu Aug 13, 5:50PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
confirms that the quarterly dividend to be paid on October 15, 2015, for shareholders of record on September 30, 2015, will be CDN$0.01 per share. CUS.TO: 1.48 (+0.03)
Canexus Announces 2015 Second Quarter Results
Marketwired - Wed Aug 05, 5:44PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
today announced its financial results for the second quarter ended June 30, 2015. CUS.TO: 1.48 (+0.03)
Canexus to Hold Second Quarter 2015 Conference Call
Marketwired - Tue Jul 28, 5:30AM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
today announced it will hold a conference call and live webcast on August 6, 2015 at 7:00 am MT (9:00 am ET) to discuss Canexus' second quarter 2015 financial results. A news release will be issued the evening before the call. CUS.TO: 1.48 (+0.03)
Canexus - Up To 54% Potential Near-Term Upside, With A Slow And Steady Long-Term Path To Recovery
Canadian Small Cap Oped - at Seeking Alpha - Tue Jun 09, 11:15PM CDT
Canexus Agrees to Sell NATO Asset
Marketwired - Thu Jun 04, 3:30PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
has entered into an agreement to sell its North American Terminal Operations ("NATO" in Bruderheim, Alberta to Cenovus Energy Inc. for $75 million cash consideration, subject to adjustment. The Purchase and Sale Agreement has an economic effective date of June 30, 2015, and closing is expected for August 31, 2015, subject to certain closing conditions. All net proceeds will be used to pay down bank debt. CUS.TO: 1.48 (+0.03), CVE: 16.93 (-0.14)
Canexus Corporation's Shareholders Approve Resolutions at Annual Meeting
Marketwired - Fri May 08, 4:00PM CDT
Canexus Corporation (TSX: CUS) held its Annual General Meeting of Shareholders in Calgary on May 7, 2015. A total of 117,268,751 shares (63.04% of the total issued and outstanding shares) were represented in person or by proxy. The voting results for the resolution to elect individual directors were as follows:
CUS.TO: 1.48 (+0.03)
Canexus' (CXUSF) CEO Doug Wonnacott on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu May 07, 11:43AM CDT
