Closes on Trans Mountain Sale and Proposes Distribution of Proceeds as a Return of Capital

CALGARY, Oct. 17, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the third quarter of 2018 of $0.1625 per restricted voting share ($0.65 annualized), payable on November 15, 2018, to restricted voting shareholders of record as of October 31, 2018. KML’s restricted voting share dividends are eligible dividends for Canadian income tax purposes.

“KML’s strategic infrastructure operations across western Canada had a strong third quarter, underpinned by multi-year take-or-pay contracts with … Continue Reading

CALGARY, Oct. 11, 2018 Kinder Morgan Canada Limited (TSX: KML) announces the following webcast and dial-in information for its 2018 third quarter earnings results:

What:         

Kinder Morgan Canada Limited (KML) 2018 Third Quarter Earnings Results

When:        

Wednesday, October 17, 2018, at 2:30 p.m. MT (4:30 p.m. ET)

Where:        

To listen, please dial 1-630-395-0289 and enter the passcode 9012289. A recording of the conference call will be available for replay one hour after the call until end of day October 24, 2018. To access the replay, please dial 1-203-369-3483 and enter passcode 3570.

A live webcast of the conference call … Continue Reading

KML Expected to Distribute $11.40 per Share as a Return of Capital

CALGARY, Sept. 4, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board today announced a series of decisions following the closing of the sale of the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP) to the Government of Canada.  The KML board unanimously voted to distribute the net proceeds from the sale, after capital gains taxes, customary purchase price adjustments and repayment of KML debt, as a return of capital to shareholders. The return of capital to holders of KML’s restricted voting … Continue Reading

CALGARY, Aug. 31, 2018 /CNW/ – Representatives of Kinder Morgan, Inc. (KMI), which owns an approximately 70 percent interest in Kinder Morgan Canada Limited (KML), intend to participate in investor meetings on Wednesday and Thursday, September 5-6, 2018 in London and Switzerland to discuss the business and affairs of KMI.  In addition, representatives of KMI intend to participate in investor meetings at the Barclays Energy CEO Conference on Wednesday, September 5, 2018 in New York, New York to discuss the business and affairs of KMI.  Both of these events may include discussion of KML’s business. Interested parties will … Continue Reading

Board Determination on Use of Proceeds Expected September 4, 2018

CALGARY, Aug. 31, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP) have been indirectly acquired by the Government of Canada, through Trans Mountain Corporation (a subsidiary of the Canada Development Investment Corporation) for cash consideration of $4.5 billion.  The sale price is subject to customary purchase price adjustments as provided in the purchase agreement.  The KML board plans to complete its ongoing deliberations regarding the use of the after-tax net proceeds … Continue Reading

Closing Expected as early as August 31, 2018

CALGARY, Aug. 30, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that KML shareholders have voted to approve the sale of the Trans Mountain Pipeline system and the Trans Mountain Expansion Project (TMEP) to the Government of Canada at a special meeting of shareholders held on August 30, 2018 in Calgary, Alberta.  

A total of 324,578,862 shares were voted in person and by proxy at the meeting, representing 87.70 percent of KML’s issued and outstanding shares entitled to vote.  A majority of not less than two-thirds of … Continue Reading

CALGARY, Aug. 16, 2018 /CNW/ – Representatives of Kinder Morgan, Inc. (“KMI”), which owns a controlling interest in Kinder Morgan Canada Limited (“KML”), intend to participate in investor meetings at the Citi MLP / Midstream Infrastructure Conference on Thursday, August 16, 2018 in Las Vegas, Nevada to discuss the business and affairs of KMI, which may include discussion of KML’s business. Interested parties will be able to view the materials to be presented on the day of the event by visiting KML’s website at https://ir.kindermorgancanadalimited.com/presentations-and-webcasts or KMI’s website at: https://ir.kindermorgan.com/presentations-webcasts.

About Kinder Morgan Canada
Kinder Morgan Canada … Continue Reading

Trans Mountain Transaction on Track to Close; KML Terminal Expansions Continue

CALGARY, July 18, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the second quarter of 2018 of $0.1625 per restricted voting share ($0.65 annualized), payable on August 15, 2018, to restricted voting shareholders of record as of July 31, 2018.  KML’s restricted voting share dividends are eligible dividends for Canadian income tax purposes.

“KML had a strong second quarter due to its diverse portfolio of fee-based assets and stable cash flows,” said KML Board Chairman … Continue Reading

CALGARY, July 16, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) announces the following webcast and dial-in information for its 2018 second quarter earnings results:

What:         

Kinder Morgan Canada Limited (KML) 2018 Second Quarter Earnings Results

When:        

Wednesday, July 18, 2018, at 2:30 p.m. MT (4:30 p.m. ET)

Where:         

To listen, please dial 1-630-395-0223 and enter the passcode 2665352. A recording of the conference call will be available for replay one hour after the call until end of day July 25, 2018. To access the replay, please dial 1-203-369-3405 and enter passcode 5646

A live webcast of the … Continue Reading

Deal Ensures Critical Project Benefiting All Canadians Will Proceed

CALGARY, May 29, 2018 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board today announced that the Government of Canada has agreed to purchase the Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 billion, and to work with the board to seek a third party buyer for the Trans Mountain Pipeline system and TMEP through July 22, 2018.  

As part of the agreement, the Government of Canada has agreed to fund the resumption of TMEP planning and construction work by guaranteeing TMEP’s expenditures under … Continue Reading

CALGARY, May 29, 2018 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) announces the following webcast and dial-in information.

When: 

Tuesday, May 29, 2018, at 7:10 a.m. MT (9:10 a.m. ET)

Where: 

To listen, please dial 1-517-308-9248 and enter the passcode 2595024. A recording of the conference call will be available for replay one hour after the call.

A live webcast of the conference call can be accessed on Kinder Morgan Canada’s website at kindermorgancanadalimited.com

About Kinder Morgan Canada

Kinder Morgan Canada Limited (KML) focuses on stable, fee-based energy transportation and storage assets that are central to the energy … Continue Reading

CALGARY, May 16, 2018 /CNW/ – Kinder Morgan Canada Limited (“KML“) (TSX: KML) reported the voting results from its Annual Meeting of Shareholders held May 16, 2018 in Calgary, Alberta (the “Meeting“). Each of the matters voted upon at the Meeting is discussed in greater detail in KML’s proxy statement dated March 28, 2018, which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov and on KML’s website at www.kindermorgancanadalimited.com.

A total of 326,278,584 company voting shares, representing 94.00 percent of KML’s issued and outstanding company voting shares, were voted in person and by proxy … Continue Reading