Canexus Income Fund (CXUSF) 1.0000 $CXUSF
Superior Plus Commences Legal Action to Recover $25 Million Termination Fee From Canexus
Marketwire Canada - Tue Jul 12, 5:57PM CDT
TORONTO, ONTARIO--(Marketwired - Jul 12, 2016) - Superior Plus Corp. ("Superior"
(TSX:SPB) announced today that it has commenced legal action to recover a $25 million termination fee from Canexus Corporation ("Canexus". Superior terminated the Arrangement Agreement by notice of termination on June 30, 2016 specifying that Canexus made certain long term incentive compensation awards after signing the Arrangement Agreement without Superior's consent, thereby breaching the Arrangement Agreement. Canexus failed to remedy those breaches.
SPB.TO: 11.25 (-0.14)
Canexus Announces 2016 First Quarter Results
Marketwired - Thu May 05, 3:42PM CDT
CALGARY, AB--(Marketwired - May 05, 2016) - Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" today announced its financial results for the first quarter ended March 31, 2016.
CUS.TO: 1.23 (-0.03)
Canexus to Hold First Quarter 2016 Conference Call
Marketwired - Mon May 02, 4:00PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" will hold a conference call on May 6, 2016 at 8:30 am MT (10:30 am ET) to discuss Canexus' first quarter 2016 financial results. A news release will be issued the evening before the call.
CUS.TO: 1.23 (-0.03)
Canexus Announces Amendment of Financial Covenants
Marketwired - Tue Mar 22, 4:00PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" today announced it amended its Credit Agreement, with its syndicate of banks, effective March 22, 2016. This amendment modifies certain financial covenants relating to the first and second quarters of 2016. We anticipate this relaxation will provide the Corporation with flexibility and an appropriate level of liquidity until the expected closing of the arrangement agreement with Superior Plus ("the Transaction". Both Canexus and Superior Plus expect the Transaction to close in the first half of 2016.
CUS.TO: 1.23 (-0.03)
Canexus Announces 2015 Fourth Quarter and Year-End Results
Marketwired - Thu Mar 10, 7:44PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" today announced its financial results for the fourth quarter and year-ended December 31, 2015.
CUS.TO: 1.23 (-0.03)
Superior Plus Announces Extension and Increase to Credit Facility
Marketwired - Tue Dec 22, 4:20PM CST
Superior Plus Corp. (TSX: SPB) ("Superior" is pleased to announce that its wholly-owned subsidiaries Superior Plus LP, Superior Plus US Financing Inc. and Comercial E Industrial ERCO (Chile) Limitada have completed an extension of its $570,000,000 syndicated credit facility, with Scotiabank Global Banking and Markets and TD Securities as Co-Lead Arrangers, with a group of ten lenders. The syndicated credit facility will now mature on December 22nd, 2019 with no changes to the financial covenants.
SPB.TO: 11.25 (-0.14)
Canexus Receives Shareholder and Court Approval of Plan of Arrangement With Superior Plus Corp.
Marketwired - Fri Dec 11, 5:08PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" is pleased to announce that Canexus shareholders voted overwhelmingly to approve the arrangement pursuant to which Superior Plus Corp. ("Superior" will acquire all of the issued and outstanding common shares of Canexus on the basis of 0.153 of a common share of Superior for each Canexus share (the "Arrangement". At the special meeting of shareholders held on December 11, 2015 (the "Meeting", 99.19% of the Canexus shares voted at the Meeting were in favour of the Arrangement.
CUS.TO: 1.23 (-0.03)
Canexus Reminds Its Shareholders to Vote FOR the Acquisition
Marketwired - Tue Dec 08, 6:01AM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" encourages shareholders to vote FOR the resolution approving the plan of arrangement whereby Superior Plus Corp. will acquire all of the issued and outstanding common shares of Canexus on the basis of 0.153 of a common share of Superior for each Canexus share (the "Arrangement", pursuant to an arrangement agreement between Canexus and Superior dated October 5, 2015.
CUS.TO: 1.23 (-0.03)
ISS and Glass Lewis Recommend That Canexus Shareholders Vote FOR the Arrangement
Marketwired - Mon Nov 30, 5:07PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" is pleased to announce that Institutional Shareholder Services Inc. ("ISS" and Glass Lewis & Co. LLC ("Glass Lewis" have both recommended that shareholders of Canexus vote FOR the resolution approving the plan of arrangement whereby Superior Plus Corp. will acquire all of the issued and outstanding common shares of Canexus on the basis of 0.153 of a common share of Superior for each Canexus share (the "Arrangement", pursuant to an arrangement agreement between Canexus and Superior dated October 5, 2015. ISS and Glass Lewis are two leading independent governance analysis and proxy advisory firms that provide voting recommendations to institutional investors. Their recommendation to vote for the proposal highlights the strategic rationale for both companies.
CUS.TO: 1.23 (-0.03)
Canexus Mails and Files Meeting Materials for Upcoming Special Meeting of Shareholders
Marketwired - Thu Nov 19, 6:30PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" today announces the SEDAR filing and mailing of the Management Information Circular and Proxy Statement dated November 12, 2015 (the "Circular" in respect of the December 11, 2015 Special Meeting of Shareholders to approve the acquisition of all of the issued and outstanding shares of the Corporation by Superior Plus Corp. (the "Transaction". As Canexus announced by press release on October 6, 2015, this is a transaction recommended by the Canexus' Board of Directors, whereby, pursuant to a Plan of Arrangement (the "Arrangement", Superior Plus Corp. ("Superior" will acquire each outstanding Canexus common share for 0.153 of a common share in the capital of Superior.
CUS.TO: 1.23 (-0.03)
Canexus Announces 2015 Third Quarter Results
Marketwired - Thu Nov 05, 6:27PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus" today announced its financial results for the third quarter ended September 30, 2015.
CUS.TO: 1.23 (-0.03)
Superior Plus Commences Legal Action to Recover $25 Million Termination Fee From Canexus
Marketwire Canada - Tue Jul 12, 5:57PM CDT
TORONTO, ONTARIO--(Marketwired - Jul 12, 2016) - Superior Plus Corp. ("Superior"
(TSX:SPB) announced today that it has commenced legal action to recover a $25 million termination fee from Canexus Corporation ("Canexus". Superior terminated the Arrangement Agreement by notice of termination on June 30, 2016 specifying that Canexus made certain long term incentive compensation awards after signing the Arrangement Agreement without Superior's consent, thereby breaching the Arrangement Agreement. Canexus failed to remedy those breaches. SPB.TO: 11.25 (-0.14)
Canexus Announces 2016 First Quarter Results
Marketwired - Thu May 05, 3:42PM CDT
CALGARY, AB--(Marketwired - May 05, 2016) - Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
today announced its financial results for the first quarter ended March 31, 2016. CUS.TO: 1.23 (-0.03)
Canexus to Hold First Quarter 2016 Conference Call
Marketwired - Mon May 02, 4:00PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
will hold a conference call on May 6, 2016 at 8:30 am MT (10:30 am ET) to discuss Canexus' first quarter 2016 financial results. A news release will be issued the evening before the call. CUS.TO: 1.23 (-0.03)
Canexus Announces Amendment of Financial Covenants
Marketwired - Tue Mar 22, 4:00PM CDT
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
today announced it amended its Credit Agreement, with its syndicate of banks, effective March 22, 2016. This amendment modifies certain financial covenants relating to the first and second quarters of 2016. We anticipate this relaxation will provide the Corporation with flexibility and an appropriate level of liquidity until the expected closing of the arrangement agreement with Superior Plus ("the Transaction". Both Canexus and Superior Plus expect the Transaction to close in the first half of 2016. CUS.TO: 1.23 (-0.03)
Canexus Announces 2015 Fourth Quarter and Year-End Results
Marketwired - Thu Mar 10, 7:44PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
today announced its financial results for the fourth quarter and year-ended December 31, 2015. CUS.TO: 1.23 (-0.03)
Superior Plus Announces Extension and Increase to Credit Facility
Marketwired - Tue Dec 22, 4:20PM CST
Superior Plus Corp. (TSX: SPB) ("Superior"
is pleased to announce that its wholly-owned subsidiaries Superior Plus LP, Superior Plus US Financing Inc. and Comercial E Industrial ERCO (Chile) Limitada have completed an extension of its $570,000,000 syndicated credit facility, with Scotiabank Global Banking and Markets and TD Securities as Co-Lead Arrangers, with a group of ten lenders. The syndicated credit facility will now mature on December 22nd, 2019 with no changes to the financial covenants. SPB.TO: 11.25 (-0.14)
Canexus Receives Shareholder and Court Approval of Plan of Arrangement With Superior Plus Corp.
Marketwired - Fri Dec 11, 5:08PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
is pleased to announce that Canexus shareholders voted overwhelmingly to approve the arrangement pursuant to which Superior Plus Corp. ("Superior" will acquire all of the issued and outstanding common shares of Canexus on the basis of 0.153 of a common share of Superior for each Canexus share (the "Arrangement". At the special meeting of shareholders held on December 11, 2015 (the "Meeting", 99.19% of the Canexus shares voted at the Meeting were in favour of the Arrangement. CUS.TO: 1.23 (-0.03)
Canexus Reminds Its Shareholders to Vote FOR the Acquisition
Marketwired - Tue Dec 08, 6:01AM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
encourages shareholders to vote FOR the resolution approving the plan of arrangement whereby Superior Plus Corp. will acquire all of the issued and outstanding common shares of Canexus on the basis of 0.153 of a common share of Superior for each Canexus share (the "Arrangement", pursuant to an arrangement agreement between Canexus and Superior dated October 5, 2015. CUS.TO: 1.23 (-0.03)
ISS and Glass Lewis Recommend That Canexus Shareholders Vote FOR the Arrangement
Marketwired - Mon Nov 30, 5:07PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
is pleased to announce that Institutional Shareholder Services Inc. ("ISS" and Glass Lewis & Co. LLC ("Glass Lewis" have both recommended that shareholders of Canexus vote FOR the resolution approving the plan of arrangement whereby Superior Plus Corp. will acquire all of the issued and outstanding common shares of Canexus on the basis of 0.153 of a common share of Superior for each Canexus share (the "Arrangement", pursuant to an arrangement agreement between Canexus and Superior dated October 5, 2015. ISS and Glass Lewis are two leading independent governance analysis and proxy advisory firms that provide voting recommendations to institutional investors. Their recommendation to vote for the proposal highlights the strategic rationale for both companies. CUS.TO: 1.23 (-0.03)
Canexus Mails and Files Meeting Materials for Upcoming Special Meeting of Shareholders
Marketwired - Thu Nov 19, 6:30PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
today announces the SEDAR filing and mailing of the Management Information Circular and Proxy Statement dated November 12, 2015 (the "Circular" in respect of the December 11, 2015 Special Meeting of Shareholders to approve the acquisition of all of the issued and outstanding shares of the Corporation by Superior Plus Corp. (the "Transaction". As Canexus announced by press release on October 6, 2015, this is a transaction recommended by the Canexus' Board of Directors, whereby, pursuant to a Plan of Arrangement (the "Arrangement", Superior Plus Corp. ("Superior" will acquire each outstanding Canexus common share for 0.153 of a common share in the capital of Superior. CUS.TO: 1.23 (-0.03)
Canexus Announces 2015 Third Quarter Results
Marketwired - Thu Nov 05, 6:27PM CST
Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus"
today announced its financial results for the third quarter ended September 30, 2015. CUS.TO: 1.23 (-0.03)
