CALGARY, ALBERTA–(Marketwired – June 20, 2017) – Total Energy Services Inc. (“Total Energy“) (TSX:TOT) and Savanna Energy Services Corp. (“Savanna“) (TSX:SVY) announced today that Total Energy has completed its acquisition of Savanna.
Earlier today, at a special meeting held in Calgary, Alberta, the holders (“Savanna Shareholders“) of common shares of Savanna (“Savanna Shares“) overwhelmingly approved the amalgamation (the “Amalgamation“) of Savanna and 2043324 Alberta Ltd. (“Subco“), a wholly-owned subsidiary of Total Energy, with 99.99% of shares voted cast in favor of the Amalgamation. Articles of Amalgamation and supporting documentation were subsequently filed, on behalf of Savanna and Subco, in accordance … Continue Reading