2020MediaCenter

Stuart Olson Responds to Recent Market Activity

CALGARYMay 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 material information that would account for the recent increase in the trading price and volume of its common shares.

ABOUT STUART OLSON INC.

Stuart Olson Inc. provides general contracting and electrical building systems contracting in the public and private construction markets as well as general contracting, electrical, mechanical and specialty trades, such as insulation, cladding and asbestos abatement, in the industrial construction and services market. The Company operates office locations and projects throughout Western CanadaOntario and the territories. In 2020 Stuart Olson was recognized as one of Alberta’s Top Employers for the fourth consecutive year. Stuart Olson’s common shares are listed on the Toronto Stock Exchange under the symbol “SOX”www.stuartolson.com

SOURCE Stuart Olson Inc.

David LeMay, President and Chief Executive Officer, Stuart Olson Inc., (403) 685-7777, Email: inquiries@stuartolson.com; Dean Beacon, Executive Vice President and Chief Financial Officer, Stuart Olson Inc., (403) 685-7777, Email: inquiries@stuartolson.com