MISSISSAUGA, ON, Sept. 25, 2020 /CNW/ – Bird Construction Inc. (“Bird”;TSX: BDT) and Stuart Olson Inc. (“Stuart Olson”;TSX: SOX) are pleased to announce the previously announced transaction to acquire Stuart Olson has been successfully completed. “This is a tremendously exciting day as two great organizations have come together to form a Canadian construction industry leader that is poised to excel […]

CALGARY, AB, Sept. 18, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced that it has obtained a final order from the Court of Queen’s Bench of Alberta approving the acquisition of Stuart Olson by Bird Construction Inc. (“Bird”) pursuant to an arrangement (the “Arrangement”) under the Business Corporations […]

CALGARY, AB, Sept. 8, 2020 Independent Proxy Advisory Firms Recommend Stuart Olson Shareholders Vote “FOR” the Transaction with Bird Construction Shareholders are encouraged to submit proxies in support of the Arrangement prior to the September 15, 2020 at 11:00 a.m. (MST) proxy vote deadline CALGARY, AB, Sept. 8, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) is pleased to […]

CALGARY, AB, Aug. 14, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced that it has obtained an interim order from the Court of Queen’s Bench of Alberta in connection with its previously announced business combination with Bird Construction Inc. (“Bird”), pursuant to an arrangement under the Business Corporations Act (Alberta), in which Bird will acquire Stuart Olson for aggregate consideration […]

CALGARY, AB, Aug. 12, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced the financial results for the second quarter and first six months of 2020. “Our second quarter results reflect impacts to our business of the COVID-19 pandemic, including an 8% year-over-year decline in second quarter revenue to $220 million. However, […]

Top 5 Canadian diversified infrastructure & construction services company Robust, diversified backlog greater than $3 billion Greater diversification across services, end-markets and geographies Strongly accretive to cash flows from operations before changes in non-cash working capital and Adjusted Earnings Per Share Strong pro forma balance sheet MISSISSAUGA, ON and CALGARY, AB, July 29, 2020 /CNW/ – Bird Construction Inc. (“Bird”) (TSX: BDT) […]

CALGARY, AB, June 28, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) announces that it will pay the $2,450,000 June 30, 2020 interest payment on its 7.0% Convertible Unsecured Subordinated Debentures (the “Debentures”) through the issuance of shares from treasury pursuant to the agreement of the holders of the Debentures and […]

CALGARY, May 27, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) is issuing this press release at the request of the Investment Industry Regulatory Organization of Canada (IIROC), as a result of the recent increase in the trading price and volume of its common shares.  The Company confirms that it is not aware of any undisclosed […]

CALGARY, May 20, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) held its annual and special meeting of shareholders on May 20, 2020  in Calgary, Alberta. A total of 13,432,608 shares, representing 48 per cent of shares outstanding were represented in person or by proxy. Shareholders approved all matters proposed before the annual and special meeting, […]

Revenue growth while realizing administrative cost savings Added approximately $385 million to consolidated backlog CALGARY, May 13, 2020 /CNW/ – Stuart Olson Inc. (TSX: SOX) (“Stuart Olson” or the “Company”) today announced first quarter 2020 financial results. “As we continue to navigate the challenges of operating under risks related to the COVID-19 pandemic, our safety-focused culture remains extremely committed to ensuring […]