Whitecaps

Whitecap Resources pleads guilty to charge laid by the AER

Retrieved on: 
Thursday, February 29, 2024
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CALGARY, AB, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Whitecap Resources Inc., has pled guilty in provincial court to a charge laid against it by the Alberta Energy Regulator (AER) on June 15, 2023.

Key Points: 
  • CALGARY, AB, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Whitecap Resources Inc., has pled guilty in provincial court to a charge laid against it by the Alberta Energy Regulator (AER) on June 15, 2023.
  • The charge is related to a release of hydrogen sulphide ("H2S") from a gas well operated by Whitecap located near Didsbury, Alberta on June 20, 2021, contrary to section 109(2) of the Environmental Protection and Enhancement Act.
  • Visit the AER Compliance Dashboard to see the Agreed Statement of Facts .
  • The AER will publish one or more requests for proposals using established Government of Alberta practices and oversee the creative sentencing project on behalf of the Alberta Court of Justice.

Canada's Gigaton-Scale Carbon Removal Project Developer, Deep Sky, Raises C$75M Series A Funding

Retrieved on: 
Thursday, November 16, 2023
Diamond, Carbon, Health, AIR, Chair, Annesley, Infrastructure, Learning, Cordiant Capital Inc., Whitecaps, LoyaltyOne, Investissement Québec, BDC, Trust, Partner, Series, EVP, Digital, Climate change, TC Energy, OMERS, CIBC World Markets, Alpha, Deep-Sky Planner, SNC-Lavalin, Fortune 500, Government, Transport, Cryptocurrency, Renewable energy, Deep-sky object

MONTRÉAL, Nov. 16, 2023 /PRNewswire/ -- Deep Sky, a Montreal-based carbon removal project developer, today announced it has raised a total of $75M CAD in its Series A funding to support gigaton-scale carbon removal in Canada. The round includes conversion of its $17.7M seed note and $57.5M in new capital co-led by Brightspark Ventures and Whitecap Venture Partners, with major participation from Investissement Québec ($25M), as a mandate of the government of Quebec, OMERS Ventures, and Business Development Bank of Canada (BDC)'s Climate Tech Fund. The fresh capital will be used to begin planning and construction of its first commercial facility; grow the team; build corresponding carbon removal software for selling carbon credits; and fund its Alpha research facility, the world's first carbon removal research center.

Key Points: 
  • MONTRÉAL, Nov. 16, 2023 /PRNewswire/ -- Deep Sky , a Montreal-based carbon removal project developer, today announced it has raised a total of $75M CAD in its Series A funding to support gigaton-scale carbon removal in Canada.
  • Alongside the fresh capital, Deep Sky has added two prominent independent board members, Annesley Wallace and Sam Duboc.
  • We're committed to making Canada the carbon removal capital of the world and offering the highest quality carbon emission offsets."
  • Deep Sky is the world's first carbon removal project developer deploying the best carbon capture technology from around the world under one roof.

WHITECAP RESOURCES INC. CONFIRMS MONTHLY DIVIDEND FOR JULY OF $0.0483 PER SHARE AND ANNOUNCES SECOND QUARTER 2023 RESULTS CONFERENCE CALL / WEBCAST

Retrieved on: 
Thursday, July 13, 2023
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CALGARY, AB, July 13, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn.

Key Points: 
  • CALGARY, AB, July 13, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn.
  • $0.0483 per common share in respect of July operations will be paid on August 15, 2023 to shareholders of record on July 31, 2023.
  • This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
  • In addition, Whitecap announces that it intends to release its second quarter 2023 results after market close on Wednesday, July 26, 2023 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT (11:00 am ET) on Thursday, July 27, 2023.

TELUS and Vancouver Whitecaps FC team up with Ocean Wise; Collecting over 100 kgs of waste from local community beach, in less than 60 minutes

Retrieved on: 
Tuesday, June 20, 2023
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The match up demonstrates a shared commitment, announced as part of TELUS’ premier partnership with Whitecaps FC earlier this year , to drive meaningful impact in local communities in Vancouver.

Key Points: 
  • The match up demonstrates a shared commitment, announced as part of TELUS’ premier partnership with Whitecaps FC earlier this year , to drive meaningful impact in local communities in Vancouver.
  • Together with partners like Ocean Wise and Vancouver Whitecaps FC, TELUS is helping address some of today’s most pressing challenges in their local communities.
  • "Ocean Wise empowers businesses, community groups and families to take action for the ocean,” said Carlos Drews, Executive Vice President, Conservation, Ocean Wise.
  • “At Vancouver Whitecaps FC, our community is at the heart of our club,” said Axel Schuster, Chief Executive Officer, Vancouver Whitecaps FC.

Canada introduces Bill for Self-Government Treaty with Whitecap Dakota Nation

Retrieved on: 
Monday, June 19, 2023
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If passed, Bill C-51 will give effect to A Self-Government Treaty Recognizing the Whitecap Dakota Nation / Wapaha Ska Dakota Oyate, which was co-developed with Whitecap Dakota Nation and received broad support from its members.

Key Points: 
  • If passed, Bill C-51 will give effect to A Self-Government Treaty Recognizing the Whitecap Dakota Nation / Wapaha Ska Dakota Oyate, which was co-developed with Whitecap Dakota Nation and received broad support from its members.
  • This Treaty formally recognizes Whitecap Dakota Nation as an "Aboriginal Peoples of Canada" and affirms their inherent right to self-government under the Constitution Act, 1982.
  • "Our Self-Government Treaty is the first of its kind in Canada, and is the first step in moving forward towards a broader Whitecap Dakota Reconciliation Treaty with Canada.
  • "This Bill marks a major milestone in our work with Whitecap Dakota Nation to bring this Self-Government Treaty to life.

Diamond Beach Holdings LLC Taps Strategyst LLC as Whitecap NPI's Exclusive Listing Agent

Retrieved on: 
Wednesday, May 31, 2023
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CORPUS CHRISTI, Texas, May 31, 2023 /PRNewswire/ -- Texas-based Diamond Beach Holdings LLC, a wholly owned subsidiary of International Bancshares Corporation, today announced Strategyst has been named the exclusive listing agent for its $800 million master-planned community, Whitecap NPI. The high-end, coastal contemporary luxury residential and resort destination is the first of its kind to grace North Padre Island.

Key Points: 
  • CORPUS CHRISTI, Texas, May 31, 2023 /PRNewswire/ -- Texas-based Diamond Beach Holdings LLC, a wholly owned subsidiary of International Bancshares Corporation, today announced Strategyst has been named the exclusive listing agent for its $800 million master-planned community, Whitecap NPI.
  • "Strategyst is highly esteemed for their depth of talent, experience, and knowledge with luxury residential properties, resort marketing, and sales.
  • We are thrilled to have them join the Whitecap team," said Jennifer Hoff, representative of Diamond Beach Holdings, owner of Whitecap NPI.
  • Diamond Beach Holdings has enlisted Strategyst to spearhead the marketing and sales program for Whitecap NPI because of its proven track record and resounding success in the international luxury, residential, second home, and resort fields.

TELUS investing $18.5 billion in British Columbia through 2027 to support vital network connectivity, sustainability and innovation

Retrieved on: 
Tuesday, May 23, 2023
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Since 2000, TELUS has invested more than $59 billion in British Columbia alone, building global leading industry networks and has been recognized as B.C’s top broadband network by Opensignal.

Key Points: 
  • Since 2000, TELUS has invested more than $59 billion in British Columbia alone, building global leading industry networks and has been recognized as B.C’s top broadband network by Opensignal.
  • This builds on the more than $59 billion TELUS has invested in network infrastructure, operations, and spectrum across British Columbia since 2000,” said Darren Entwistle, President and CEO of TELUS.
  • “Our globally recognized networks are the backbone of our digital economy and societies, driving innovation and uplifting marginalized communities.
  • Now through 2027 in British Columbia, TELUS is:
    Celebrating 10 years of PureFibre: The only 100 per cent all fibre network in B.C.

WHITECAP RESOURCES INC. ANNOUNCES RECEIPT OF PROPOSAL LETTER FROM THE CANADA REVENUE AGENCY TO REASSESS AND INTENTION TO DEFEND

Retrieved on: 
Tuesday, May 23, 2023
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The proposed reassessment seeks to disallow the deduction of approximately $494 million of these non-capital losses under the Income Tax Act (Canada) for the years 2018 and 2019.

Key Points: 
  • The proposed reassessment seeks to disallow the deduction of approximately $494 million of these non-capital losses under the Income Tax Act (Canada) for the years 2018 and 2019.
  • It is not expected that the Proposal Letter will impact years other than 2018 and 2019.
  • Whitecap is preparing a response to the Proposal Letter and, failing a resolution of the matter, the CRA may proceed to issue a notice of reassessment.
  • At that time, Whitecap would be required to pay 50% of the assessed tax liability and interest.

WHITECAP RESOURCES INC. PROVIDES UPDATE ON IMPACT OF THE ALBERTA WILDFIRES

Retrieved on: 
Wednesday, May 17, 2023
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CALGARY, AB, May 17, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) advises that wildfires in Alberta have continued to impact operations in northern Alberta and in northeast British Columbia.

Key Points: 
  • CALGARY, AB, May 17, 2023 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) advises that wildfires in Alberta have continued to impact operations in northern Alberta and in northeast British Columbia.
  • The safety and health of our employees and contractors continues to be our top priority and there has been no significant damage to Whitecap's infrastructure or safety incidents at this time.
  • Whitecap along with our employees will be financially supporting the Canadian Red Cross to assist with their work helping families impacted by the wildfires.
  • We expect to direct additional resources towards impacted communities as specific needs arise over the coming months.

WHITECAP NPI BREAKS GROUND ON FIRST-EVER MASTER-PLANNED COMMUNITY IN CORPUS CHRISTI

Retrieved on: 
Tuesday, May 16, 2023
Diamond, International Bancshares Corporation, Texas Gulf Coast, Whitecaps, Engineering, Marketing, Water quality, Quality of life, Robotics Design Inc, CORPUS, Birdlife of Houston, Galveston, and the Upper Texas Coast, Animal, NPI, Nature, Longevity, LJA, Robert DeLeo (politician), Environment, Corpus Christi, Texas, Hotel, Tourism

CORPUS CHRISTI, Texas, May 16, 2023 /PRNewswire/ -- Corpus Christi will soon be home to the first coastal contemporary luxury residential and resort destination on North Padre Island. Diamond Beach Holdings LLC and Ashlar Development LLC broke ground today on Whitecap NPI, Corpus Christi's first-ever master-planned community within its city limits. It is also the first and only coastal contemporary luxury residential and resort destination on North Padre Island.

Key Points: 
  • Diamond Beach Holdings LLC and Ashlar Development LLC broke ground today on Whitecap NPI, Corpus Christi's first-ever master-planned community within its city limits.
  • "Today marks a significant milestone for the future of Corpus Christi and North Padre Island," said Corpus Christi Mayor Paulette Guajardo.
  • "Whitecap NPI is a catalyst for economic activity on the Island and mainland and will benefit residents and visitors.
  • Whitecap is destined to become the most influential coastal community on the Texas Coast, if not the country."