Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making information
Shawcor Ltd. (SCL-T) introduced the sale of its oilfield asset administration (OAM) working unit to Drive Inspection Companies Inc. in a transaction producing not less than $15-million in gross proceeds.
Shawcor will retain OAM-related Western Canadian real-estate property, which the corporate stated it might promote at a future date.
As a part of the transaction, Shawcor has agreed to lease these properties to Drive.
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Canada Goose Holdings Inc. (GOOS-T) introduced that the Toronto Inventory Alternate accepted its share buyback program. The corporate plans to purchase again as much as 5,421,685 subordinate voting shares over the subsequent 12 months, or about 10 per cent.
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GreenFirst Forest Merchandise Inc. (GFP-T) introduced the adoption of a shareholder rights plan. It stated the plan will not be being adopted in response to any particular proposal to accumulate management of the corporate, and the board will not be conscious of any pending or threatened takeover bid.
