CALGARY, Dec. 16, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that the Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (Pembina) has acquired all of the outstanding common equity of KML (including the 70 percent majority voting interest held by Kinder Morgan Inc. (NYSE: KMI)) (the Arrangement). Under the Arrangement, KML shareholders are now entitled to receive .3068 shares of Pembina for each KML share held at the effective time of the Arrangement.  

Pursuant to the Arrangement, KML has been amalgamated with a wholly-owned subsidiary of Pembina and the outstanding KML preferred shares have been exchanged … Continue Reading

Court Approval Received; Closing Expected on December 16, 2019

CALGARY, Dec. 10, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that holders (Voting Shareholders) of KML restricted voting shares and special voting shares (collectively, Voting Shares) and holders (Preferred Shareholders) of KML cumulative redeemable minimum rate reset preferred shares, series 1 and 3 (collectively, Preferred Shares), have voted to approve the proposed acquisition of KML’s outstanding common equity by Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (Pembina) by way of a statutory arrangement under the Business Corporations Act (Alberta) (Arrangement) at the special meetings … Continue Reading

CALGARY, Dec. 9, 2019 /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 Wells Fargo Midstream & Utility Symposium on Wednesday, December 11, 2019 in New York City, New York to discuss the business and affairs of KMI. This event may include discussion of KML’s business.

The materials to be presented at this event will be available before noon CST on the Tuesday before the event, on KML’s website at https://ir.kindermorgancanadalimited.com/presentations-and-webcasts or KMI’s website at: https://ir.kindermorgan.com/presentations-webcasts. The live … Continue Reading

CALGARY, Dec. 4, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) reminds shareholders that the deadline to vote on the previously announced transaction (the Arrangement) with Pembina Pipeline Corporation (Pembina) is fast approaching. Holders of Restricted Voting Shares and Special Voting Shares (together, the Voting Shareholders) must submit their votes by 9 a.m. (Calgary time) on December 6, 2019 and holders of KML preferred shares (Preferred Shareholders) must submit their votes by 10 a.m. (Calgary time) on December 6, 2019. The special meetings of Voting Shareholders and Preferred Shareholders to approve the Arrangement are scheduled … Continue Reading

CALGARY, Nov. 26, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis) have recommended that the holders of KML’s restricted voting shares and special voting shares (together, the Voting Shareholders) vote in favour of the proposed acquisition of KML’s outstanding common equity by Pembina Pipeline Corporation (Pembina) by way of a statutory arrangement under the Business Corporations Act (Alberta) (the Arrangement). The special meetings of Voting Shareholders and holders of KML preferred shares (Preferred Shareholders) … Continue Reading

CALGARY, Nov. 20, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) today announced that it and Pembina Pipeline Corporation (Pembina) have received a “no-action letter” from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge the proposed acquisition of KML’s outstanding common equity by Pembina by way of a statutory arrangement under the Business Corporations Act (Alberta) (the Arrangement).

The receipt of the “no-action letter” satisfies the last material regulatory condition necessary for completion of the Arrangement. The Arrangement is expected to close in December 2019, subject to approval … Continue Reading

Special Meetings of KML Voting Shareholders and Preferred Shareholders to Approve Transaction Scheduled for December 10

CALGARY, Nov. 14, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) announces the mailing this week of its information circular and proxy statement, together with the letters of transmittal and related proxy materials, to holders of KML restricted voting shares and special voting shares (together, Voting Shareholders) and holders of KML preferred shares (Preferred Shareholders) in connection with the special meeting of Voting Shareholders (the Voting Shareholders’ Meeting) and the special meeting of Preferred Shareholders (the Preferred Shareholders’ Meeting) to approve the … Continue Reading

CALGARY, Nov. 12, 2019 /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 Bank of America Merrill Lynch Global Energy Conference on Thursday, November 14, 2019 in Miami, Florida to discuss the business and affairs of KMI. In addition, representatives of KMI intend to participate in investor meetings at the RBC Capital Markets Midstream Conference on Thursday, November 21, 2019 in Dallas, Texas to discuss the business and affairs of KMI. Both of these events may include discussion of KML’s … Continue Reading

Sale to Pembina Pipeline Corporation Remains on Track

CALGARY, Oct. 16, 2019 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the third quarter of 2019 of $0.1625 per restricted voting share ($0.65 annualized), payable on November 15, 2019, to restricted voting shareholders of record as of October 31, 2019. KML’s restricted voting share dividends are eligible dividends for Canadian income tax purposes.

“I congratulate every KML employee for their focus and dedication to business as we move toward closing the sale of KML to Pembina,” said KML … Continue Reading

CALGARY, Oct. 10, 2019 /CNW/ – Kinder Morgan Canada Limited (TSX: KML) announces the following webcast and dial-in information for its 2019 third quarter earnings results:

What:       

Kinder Morgan Canada Limited (KML) 2019 Third Quarter Earnings Results

When:  

Wednesday, October 16, 2019, at 2:30 p.m. MT (4:30 p.m. ET)

Where:       

To listen, please dial 1-517-308-9496 and enter the passcode 7677923. A recording of the conference call will be available for replay one hour after the call until the end of the day on October 23, 2019. To access the replay, please dial 1-203-369-1395 and enter passcode 3901.

A live … Continue Reading

CALGARY, Sept. 12, 2019 /CNW/ – Representatives of Kinder Morgan, Inc. (KMI), which owns a controlling interest in Kinder Morgan Canada Limited (KML), intend to participate in the JPMorgan U.S. All Stars Conference in London Tuesday, September 17, 2019 and other investor meetings hosted by UBS in London, Geneva, Zurich and Milan Wednesday through Friday, September 18-20, 2019 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 by visiting KML’s website at https://ir.kindermorgancanadalimited.com/presentations-and-webcasts or KMI’s website at: https://ir.kindermorgan.com/presentations-webcasts… Continue Reading