Athabasca Minerals Inc., together with its subsidiaries, has entered into a transaction agreement with Badger Mining Corp. for the acquisition of the corporation. The Transaction is to be implemented by way of a subscription agreement between the corporation and the purchaser, and a reverse vesting order (RVO) to be issued by the Alberta Court of King’s Bench under the Bankruptcy…
Read MoreDay: February 15, 2024
ELVAAN to Offer DEVELON Equipment in Ontario, Alberta
ELVAAN Equipment Solutions, formerly Jade Equipment Company, will offer a full line of DEVELON heavy and compact construction equipment in Alberta (Edmonton & Calgary) and Central Ontario (Orillia).
Read MoreKnife River Revenues Rise 12% in 2023 Paced by Northwest Region
Knife River Corp. announced financial results for the fourth quarter and full-year ended Dec. 31, 2023. For the three months ended Dec. 31, 2023, Knife River reported consolidated revenue of $646.9 million, a 20% increase from the prior-year period, driven by price increases across all core product lines and an extended construction season throughout its footprint.
Read MoreDurex Appoints New Sales and Product Manager
Durex Products Inc. appointed Keegan Nelson as sales and product manager. Nelson brings almost 10 years of experience in the aggregate industry to his new role at Durex Products. Prior to joining Durex, he worked at Martin Marietta as a sales representative. Earlier in his career, there he also led the daily production crew at a secondary crushing plant. His…
Read MoreSummit Establishes Annual Records for Revenue, Profitability
Summit Materials Inc. announced results for the fourth quarter and full year ended Dec. 30, 2023. Net revenue increased $220.7 million, or 9.9%, in 2023 to $2.4 billion, as strong pricing across all lines of business and contributions from acquisitions more than offset lower volumes and the impact of divestitures. Operating income increased $41.6 million, or 15.5% in 2023 to…
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