Canadian Wstn Bank [ (CBWBF) 19.1338 $CBWBF
CWB Completes Acquisition of Canadian Franchise Financing Assets of GE Capital
Marketwired - Fri Jul 01, 7:01AM CDT
EDMONTON, ALBERTA--(Marketwired - Jul 1, 2016) - Canadian Western Bank (CWB) (TSX:CWB) today completed its previously announced acquisition of the loan portfolio and related business assets of GE Capital's Canadian franchise financing business, now known as CWB Franchise Finance.
CWB.TO: 24.72 (+0.13)
Canadian Western Bank Expands in Lloydminster
Marketwire Canada - Mon Jun 20, 12:44PM CDT
EDMONTON, ALBERTA--(Marketwired - Jun 20, 2016) - Canadian Western Bank (CWB) (TSX:CWB) is pleased to announce the opening of its new branch in Lloydminster, Saskatchewan. The branch, located at 2909 50 Avenue, has a team of 11 employees to help clients meet their business and personal banking needs. Previously, CWB's presence in the city was limited to equipment financing offerings.
CWB.TO: 24.72 (+0.13)
CEMATRIX Corporation Announces a $500,000 Working Capital Financing Agreement
Marketwire Canada - Thu Jun 02, 8:26AM CDT
CALGARY, ALBERTA--(Marketwired - Jun 2, 2016) - CEMATRIX Corporation (TSX VENTURE:CVX) (the "Corporation" or "CEMATRIX"
announces that its wholly owned subsidiary, CEMATRIX (Canada) Inc. (the "Company" has entered into an agreement with the Business Development Bank of Canada (the "BDC" which will provide the Company with $500,000 of working capital financing (the "BDC Financing".
CVX.VN: 0.465 (-0.005)
Canadian Western Bank Declares Dividends
Marketwire Canada - Thu Jun 02, 6:01AM CDT
EDMONTON, ALBERTA--(Marketwired - Jun 2, 2016) - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share (TSX:CWB), payable on June 30, 2016 to shareholders of record on June 20, 2016. This quarterly dividend is consistent with the prior quarter and up 5% from the dividend declared one year ago. The Board of Directors also declared a cash dividend of $0.275 per CWB Series 5 Preferred Share (TSX:CWB.PR.
, and an initial cash dividend of $0.5223 per CWB Series 7 Preferred Share (TSX:CWB.PR.C), payable on July 31, 2016 to shareholders of record on July 21, 2016.
CWB.TO: 24.72 (+0.13), CWB-PR-B.TO: 17.72 (-0.09), CWB-PR-C.TO: 26.62 (-0.03)
CWB Updates Credit Outlook for Second Quarter 2016
Marketwired - Tue May 03, 6:01AM CDT
Canadian Western Bank (TSX: CWB) today announced updated expectations for its second quarter fiscal 2016 provision for credit losses. In view of the weak oil price environment and borrowing base redeterminations that reflect current information, CWB has recorded approximately $33 million of second quarter provisions for credit losses on the oil and gas production portfolio. CWB now expects the consolidated second quarter provision for credit losses to be approximately $40 million.
CWB.TO: 24.72 (+0.13)
TerraPro Inc. Closes Plan of Arrangement and Financing Transaction
CNW Group - Mon Apr 25, 9:18PM CDT
The Board of Directors of TerraPro Inc. ("TerraPro" is pleased to announce the closing earlier today of the plan of arrangement reorganizing TerraPro Group Inc., TerraPro, Headwind Capital Inc., TerraPro Mat Investors Group Limited Partnership #1, TerraPro Mat Investors Group Limited Partnership #2 and Axiom TerraPro Group Limited Partnership (the "TerraPro Reorganization". Under the TerraPro Reorganization, substantially all of the assets of these entities were transferred to newly formed TerraPro which will continue the business previously operated by TerraPro Group Inc. under the same management team and a reconstituted Board of Directors.
CROs in Financial Risk Management Join Leading Risk Americas Convention in NYC
PR Newswire Europe - Mon Apr 11, 6:26AM CDT
NEW YORK, April 11, 2016 /PRNewswire/ --
CWB to Acquire GE Capital's Canadian Franchise Finance Business
Marketwired - Thu Apr 07, 4:24PM CDT
Canadian Western Bank (CWB) (TSX: CWB) today announced its recent signing of an asset purchase agreement to acquire GE Capital's Canadian Franchise Finance business. The business provides financing across Canada to a diverse group of established companies in the hospitality and restaurant industries. The acquisition will include key employees required to complement CWB's continued strategic commercial banking growth and geographic expansion. The balance of loans to be acquired is approximately $350 million. The transaction is expected to close in CWB's third quarter of fiscal 2016, subject to customary approvals.
CWB.TO: 24.72 (+0.13)
IIROC Trade Resumption - Canadian Western Bank Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 7
Newsfile Corp - Thu Mar 31, 7:26AM CDT
Trading resumes in:
IIROC Trade Halt - Canadian Western Bank Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 7
Newsfile Corp - Thu Mar 31, 7:23AM CDT
The following issues have been halted by IIROC:
IIROC Trading Halt - CWB.PR.C
CNW Group - Thu Mar 31, 7:21AM CDT
The following issues have been halted by IIROC:
Make-A-Wish(R) Rope for Hope, Presented by Canadian Western Bank, Returns for Another Year of Adrenaline-Fueled Excitement
Marketwire Canada - Wed Mar 23, 5:00AM CDT
How many people can say they've scaled the side of a city skyscraper while helping to grant the wishes of children with life-threatening medical conditions? Now, you can! Dare to do something extraordinary for your community this year and register for Make-A-WishA® Rope for Hope, Presented by Canadian Western Bank, the national signature fundraising event for Make-A-WishA® Canada.
Terra Energy Corp. Announces Shut-In of Production, Cessation of Operations and Resignation of Directors and Officers
Marketwired - Mon Mar 21, 7:02AM CDT
Terra Energy Corp. ("Terra" or the "Company" (TSX: TT) in furtherance of its announcement of March 18, 2016, that its lender, Canadian Western Bank (CWB), has made a demand on Terra, as debtor, and each of its Guarantors for payment in full of Terra's outstanding indebtedness plus accrued interest, costs and fees and that CWB provided Terra and each of its Guarantors with a Notice of Intention to Enforce Security under section 244(2) of the Bankruptcy and Insolvency Act (Canada), announces that Terra and each of its Guarantors has consented to the enforcement by CWB, as secured lender to Terra of CWB's security pursuant to section 244(2) of the Bankruptcy and Insolvency Act (Canada).
TT.TO: 0.01 (-0.02)
CWB Completes Acquisition of Canadian Franchise Financing Assets of GE Capital
Marketwired - Fri Jul 01, 7:01AM CDT
EDMONTON, ALBERTA--(Marketwired - Jul 1, 2016) - Canadian Western Bank (CWB) (TSX:CWB) today completed its previously announced acquisition of the loan portfolio and related business assets of GE Capital's Canadian franchise financing business, now known as CWB Franchise Finance.
CWB.TO: 24.72 (+0.13)
Canadian Western Bank Expands in Lloydminster
Marketwire Canada - Mon Jun 20, 12:44PM CDT
EDMONTON, ALBERTA--(Marketwired - Jun 20, 2016) - Canadian Western Bank (CWB) (TSX:CWB) is pleased to announce the opening of its new branch in Lloydminster, Saskatchewan. The branch, located at 2909 50 Avenue, has a team of 11 employees to help clients meet their business and personal banking needs. Previously, CWB's presence in the city was limited to equipment financing offerings.
CWB.TO: 24.72 (+0.13)
CEMATRIX Corporation Announces a $500,000 Working Capital Financing Agreement
Marketwire Canada - Thu Jun 02, 8:26AM CDT
CALGARY, ALBERTA--(Marketwired - Jun 2, 2016) - CEMATRIX Corporation (TSX VENTURE:CVX) (the "Corporation" or "CEMATRIX"
announces that its wholly owned subsidiary, CEMATRIX (Canada) Inc. (the "Company" has entered into an agreement with the Business Development Bank of Canada (the "BDC" which will provide the Company with $500,000 of working capital financing (the "BDC Financing". CVX.VN: 0.465 (-0.005)
Canadian Western Bank Declares Dividends
Marketwire Canada - Thu Jun 02, 6:01AM CDT
EDMONTON, ALBERTA--(Marketwired - Jun 2, 2016) - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share (TSX:CWB), payable on June 30, 2016 to shareholders of record on June 20, 2016. This quarterly dividend is consistent with the prior quarter and up 5% from the dividend declared one year ago. The Board of Directors also declared a cash dividend of $0.275 per CWB Series 5 Preferred Share (TSX:CWB.PR.
, and an initial cash dividend of $0.5223 per CWB Series 7 Preferred Share (TSX:CWB.PR.C), payable on July 31, 2016 to shareholders of record on July 21, 2016. CWB.TO: 24.72 (+0.13), CWB-PR-B.TO: 17.72 (-0.09), CWB-PR-C.TO: 26.62 (-0.03)
CWB Updates Credit Outlook for Second Quarter 2016
Marketwired - Tue May 03, 6:01AM CDT
Canadian Western Bank (TSX: CWB) today announced updated expectations for its second quarter fiscal 2016 provision for credit losses. In view of the weak oil price environment and borrowing base redeterminations that reflect current information, CWB has recorded approximately $33 million of second quarter provisions for credit losses on the oil and gas production portfolio. CWB now expects the consolidated second quarter provision for credit losses to be approximately $40 million.
CWB.TO: 24.72 (+0.13)
TerraPro Inc. Closes Plan of Arrangement and Financing Transaction
CNW Group - Mon Apr 25, 9:18PM CDT
The Board of Directors of TerraPro Inc. ("TerraPro"
is pleased to announce the closing earlier today of the plan of arrangement reorganizing TerraPro Group Inc., TerraPro, Headwind Capital Inc., TerraPro Mat Investors Group Limited Partnership #1, TerraPro Mat Investors Group Limited Partnership #2 and Axiom TerraPro Group Limited Partnership (the "TerraPro Reorganization". Under the TerraPro Reorganization, substantially all of the assets of these entities were transferred to newly formed TerraPro which will continue the business previously operated by TerraPro Group Inc. under the same management team and a reconstituted Board of Directors. CROs in Financial Risk Management Join Leading Risk Americas Convention in NYC
PR Newswire Europe - Mon Apr 11, 6:26AM CDT
NEW YORK, April 11, 2016 /PRNewswire/ --
CWB to Acquire GE Capital's Canadian Franchise Finance Business
Marketwired - Thu Apr 07, 4:24PM CDT
Canadian Western Bank (CWB) (TSX: CWB) today announced its recent signing of an asset purchase agreement to acquire GE Capital's Canadian Franchise Finance business. The business provides financing across Canada to a diverse group of established companies in the hospitality and restaurant industries. The acquisition will include key employees required to complement CWB's continued strategic commercial banking growth and geographic expansion. The balance of loans to be acquired is approximately $350 million. The transaction is expected to close in CWB's third quarter of fiscal 2016, subject to customary approvals.
CWB.TO: 24.72 (+0.13)
IIROC Trade Resumption - Canadian Western Bank Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 7
Newsfile Corp - Thu Mar 31, 7:26AM CDT
Trading resumes in:
IIROC Trade Halt - Canadian Western Bank Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 7
Newsfile Corp - Thu Mar 31, 7:23AM CDT
The following issues have been halted by IIROC:
IIROC Trading Halt - CWB.PR.C
CNW Group - Thu Mar 31, 7:21AM CDT
The following issues have been halted by IIROC:
Make-A-Wish(R) Rope for Hope, Presented by Canadian Western Bank, Returns for Another Year of Adrenaline-Fueled Excitement
Marketwire Canada - Wed Mar 23, 5:00AM CDT
How many people can say they've scaled the side of a city skyscraper while helping to grant the wishes of children with life-threatening medical conditions? Now, you can! Dare to do something extraordinary for your community this year and register for Make-A-WishA® Rope for Hope, Presented by Canadian Western Bank, the national signature fundraising event for Make-A-WishA® Canada.
Terra Energy Corp. Announces Shut-In of Production, Cessation of Operations and Resignation of Directors and Officers
Marketwired - Mon Mar 21, 7:02AM CDT
Terra Energy Corp. ("Terra" or the "Company"
(TSX: TT) in furtherance of its announcement of March 18, 2016, that its lender, Canadian Western Bank (CWB), has made a demand on Terra, as debtor, and each of its Guarantors for payment in full of Terra's outstanding indebtedness plus accrued interest, costs and fees and that CWB provided Terra and each of its Guarantors with a Notice of Intention to Enforce Security under section 244(2) of the Bankruptcy and Insolvency Act (Canada), announces that Terra and each of its Guarantors has consented to the enforcement by CWB, as secured lender to Terra of CWB's security pursuant to section 244(2) of the Bankruptcy and Insolvency Act (Canada). TT.TO: 0.01 (-0.02)
