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High Arctic Announces 2020 Fourth Quarter and Year End Financial and Operating Results

March 12, 2021 via Globenewswire Tagged With: CA4296442060, TSX:HWO

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

CALGARY, Canada, March 11, 2021 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its fourth quarter and year-end results today. The audited consolidated financial statements, management discussion & analysis (“MD&A), and annual information form for the year ended December 31, 2020 will be available on SEDAR at www.sedar.com, and on High Arctic’s website at www.haes.ca. Non-IFRS measures, such as EBITDA, Adjusted … Continue Reading

High Arctic to Announce 2020 End of Year and Fourth Quarter Results

March 8, 2021 via Globenewswire Tagged With: CA4296442060, TSX:HWO

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

CALGARY, Alberta, March 08, 2021 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) “High Arctic” or the “Corporation” intends to release its 2020 fourth quarter results on Thursday, March 11, 2021 after markets close and has scheduled a conference call to begin at 10:00 am MT (12:00 pm ET) on Friday March 12, 2021.

The conference call dial in numbers are 1-800-806-5484 or 416-340-2217. An archived recording of the … Continue Reading

High Arctic Announces Renewal of Normal Course Issuer Bid

December 9, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

CALGARY, Alberta, Dec. 08, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce that it has made the necessary filings and received the necessary approvals to conduct a normal course issuer bid (“NCIB”) through the facilities of the Toronto Stock Exchange (“TSX”).

The TSX has accepted the Corporation’s notice to conduct the NCIB to purchase outstanding common shares on the … Continue Reading

High Arctic Announces 2020 Third Quarter Financial and Operating Results

November 13, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

CALGARY, Alberta, Nov. 12, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its third quarter results today.

Mike Maguire, Chief Executive Officer commented:

“The health and economic environments have remained challenging through this quarter. The action we took in April to restructure and flatten our management reporting lines, remove costs, suspend our dividend and reduce our capex have … Continue Reading

High Arctic to Announce Third Quarter Results

November 9, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

CALGARY, Alberta, Nov. 09, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) “High Arctic” or the “Corporation” will release its 2020 third quarter results on Thursday, November 12, 2020 after markets close. The Corporation’s financial statements and Management’s Discussion and Analysis will be posted to www.haes.ca and SEDAR after the results are released.

About High Arctic

High Arctic is a publicly traded company listed on the Toronto Stock … Continue Reading

High Arctic Announces Two-Year Extension of Credit Facility, Operations Update and Continuation of Outstanding Safety Performance

October 15, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

CALGARY, Alberta, Oct. 15, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce the two-year extension of its current credit facility with HSBC (the “Credit Facility”). The Credit Facility maturity date is extended to August 31, 2023 with enhanced flexibility and similar underlying financial covenants and borrowing capacity.

In addition to the Corporation’s existing cash balance, which was $33.5 million … Continue Reading

High Arctic Announces 2020 Second Quarter Financial and Operating Results

August 14, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

CALGARY, Alberta, Aug. 13, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its’ second quarter results today.

Highlights

The following highlights the Corporation’s results for Q2-2020 and YTD-2020:

  • Focus on working capital management to preserve our cash balances and maintain a strong balance sheet during the current global coronavirus (“COVID-19”) crisis has positioned High Arctic to be ready once restrictions loosen through
  • … Continue Reading

    High Arctic to Announce Second Quarter Results

    August 11, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, Aug. 11, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) “High Arctic” or the “Corporation” will release its 2020 second quarter results on Thursday, August 13, 2020 after markets close.

    Financial statements and Management’s Discussion and Analysis will be posted to www.haes.ca and SEDAR after the results are released, after market, Thursday August 13, 2020. Note that no conference call is scheduled for this quarter.

    About … Continue Reading

    High Arctic Announces Executive Appointment

    May 19, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, May 19, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) is pleased to announce the addition of Christopher C. Ames as VP Finance & Chief Financial Officer (“CFO”).

    Executive Appointment

    Mr. Ames joined the Corporation in February 2020 as VP Finance.  His role was expanded to include that of Interim CFO shortly thereafter and has been intimately involved in developing and … Continue Reading

    High Arctic Announces Annual General and Special Meeting Results

    May 15, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, May 15, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce the results of the annual general and special meeting of the shareholders of High Arctic held on May 14, 2020 (the “Meeting”). 30 shareholders holding a total of 29,020,129 common shares of the Corporation were represented at the Meeting in person or proxy, representing approximately 58.48% of … Continue Reading

    High Arctic Announces 2020 First Quarter Financial and Operating Results

    May 15, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, May 14, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its’ first quarter results today.

    HIGHLIGHTS

    The following highlights the Corporation’s results for Q1-2020:

  • Internal promotion of Mike Maguire to CEO to lead the Corporation’s response to the current global crisis.
  • Revenue of $39.6 million (Q1-2019 $46.5 million) and adjusted EBITDA of $2.7 million (Q1-2019  $5.5 million) for the Quarter.
  • … Continue Reading

    High Arctic to Announce First Quarter Results

    May 12, 2020 via Globenewswire Tagged With: CA4296442060, TSX:HWO

    CALGARY, Alberta, May 12, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) will release its first quarter results on Thursday May 14, 2020 after markets close.

    Financial statements and Management’s Discussion and Analysis will be posted to www.haes.ca and SEDAR after the results are released, after market, Thursday May 14, 2020. Note that no conference call is scheduled for this quarter. 

    About High Arctic

    High Arctic is a publicly traded company listed on the Toronto Stock Exchange under the symbol “HWO”. The Corporation’s principal focus is to provide drilling and specialized well … Continue Reading

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