/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, June 23, 2021 /CNW/ – Cathedral Energy Services Ltd. (TSX: CET) (“Cathedral” or the “Company”) is pleased to announce that it has agreed to a series of amendments to its existing credit facility (“the Extended Facility”) with its sole lender ATB Financial (“ATB”).  In addition, Cathedral has secured a further $1 million of liquidity through the Highly Affected Sectors Credit Availability Program (“HASCAP”) that sees Business Development Bank of Canada (“BDC”) guarantee a fixed interest rate loan made available to the Company by ATB (the “HASCAP Loan”).… Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, May 18, 2021 /CNW/ – Cathedral Energy Services Ltd. (the “Company” or “Cathedral”) (TSX: CET) announces the appointment of Ian Graham, MBA, as Chief Financial Officer (“CFO”) effective May 26, 2021.  Mr. Graham comes to Cathedral with significant financial experience after holding senior roles in finance, strategy and business development within the oilfield services industry.  Most recently Mr. Graham was Senior Director Finance – Corporate Development, Tax & Treasury at Trican Well Services Ltd and previously served as Director, Treasury and Risk Management for Saxon … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA./

CALGARY, AB, May 17, 2021 /CNW/ – Cathedral Energy Services Ltd. (the “Company” or “Cathedral”) (TSX: CET) held its annual meeting of shareholders on May 13, 2021. A total of 25,750,338 common shares representing 50.87% of the Company’s issued and outstanding common shares were voted in connection with the meeting. All the nominees proposed as directors were duly elected as directors of the Company by a majority of the votes cast by the shareholders present or represented by proxy at the meeting, as follows:

Nominee

Number

%

Tom … Continue Reading

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CALGARY, AB, May 13, 2021 /CNW/ – Cathedral Energy Services Ltd. (the “Company” or “Cathedral”) (TSX: CET) announces its consolidated financial results for the three months ended March 31, 2021 and 2020.  Dollars in 000’s except per share amounts.

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities laws.  For a full disclosure of forward-looking statements and the risks to which they are subject, see “Forward-Looking Statements” later in this news release.

FINANCIAL HIGHLIGHTS
Dollars in 000’s except per share amounts

Three months ended March … Continue Reading

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CALGARY, AB, May 10, 2021 /CNW/ – Cathedral Energy Services Ltd. (“Cathedral” or the “Company”) (TSX: CET) is pleased to announce the closing of its previously announced non-brokered private placement of 12,654,500 common shares of the Company (“Shares“) at a price of $0.25 per Share for gross proceeds of $3,163,625 (the “Private Placement“).

All Shares issued under the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, April 16, 2021 /CNW/ – Cathedral Energy Services Ltd. (“Cathedral” or the “Company”) (TSX: CET) is pleased announce a proposed non-brokered private placement of up to 12,654,500 common shares of the Company (“Shares“) at a price of $0.25 per Share for gross proceeds of up to $3,163,625 (the “Private Placement“).  It is expected that this financing will be fully-subscribed.

All Shares issued under the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, March 11, 2021 /CNW/ – Cathedral Energy Services Ltd. (the “Company” or “Cathedral”) (TSX: CET) announces its consolidated financial results for the three and nine months ended December 31, 2020 and 2019.  Dollar amounts are in ‘000’s except for WTI, day rates and per share amounts.

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities laws.  For a full disclosure of forward-looking statements and the risks to which they are subject, see “Forward-Looking Statements” later in this news release.

FINANCIAL HIGHLIGHTS
Dollars in … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, Feb. 8, 2021 /CNW/ – Cathedral Energy Services Ltd. (TSX: CET) (“Cathedral” or the “Company”) Board of Directors is pleased to announce the appointment of Tom Connors as the Company’s President and Chief Executive Officer (“CEO”) and Director effective March 8, 2021. 

Tom brings a wealth of expertise to this role, having served in a number of senior leadership capacities over the past 18 years at Ensign Energy Services Inc. (“Ensign”).  Tom started with Ensign in 2003 as General Manager of one division and with success, … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, Nov. 12, 2020 /CNW/ – Cathedral Energy Services Ltd. (the “Company” or “Cathedral”) (TSX: CET) announces its consolidated financial results for the three and nine months ended September 30, 2020 and 2019.  Dollar amounts are in ‘000’s except for WTI, day rates and per share amounts.

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities laws.  For a full disclosure of forward-looking statements and the risks to which they are subject, see “Forward-Looking Statements” later in this news release.

FINANCIAL HIGHLIGHTS
Dollars in … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, Oct. 13, 2020 /CNW/ – Cathedral Energy Services Ltd. (TSX: CET) (“Cathedral” or the “Company”) announces that its President, Chief Executive Officer and Interim Chief Financial Officer, P. Scott MacFarlane, has informed the Company that he intends to retire from the Company with a timeline of April 2021. Mr. MacFarlane has been with Cathedral as Chief Financial Officer or Chief Executive Officer for over 20 years and has been an instrumental part of the Company’s growth during this time. 

From 2001 to 2013, Mr. MacFarlane … Continue Reading

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

CALGARY, AB, Aug. 13, 2020 /CNW/ – Cathedral Energy Services Ltd. (the “Company” or “Cathedral”) (TSX: CET) announces its consolidated financial results for the three and six months ended June 30, 2020 and 2019.  Dollars in 000’s except per share amounts.

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities laws.  For a full disclosure of forward-looking statements and the risks to which they are subject, see “Forward-Looking Statements” later in this news release.

FINANCIAL HIGHLIGHTS
Dollars in 000’s except per share amounts

Three months … Continue Reading