Monday November 24, 2014


Survey results are meant for general information only, and are not based on recognised statistical methods.

WIT announces meeting date


Weyburn Inland Terminal will hold a February 28 meeting of the shareholders to consider passing a resolution approving the arrangement with Parrish & Heimbecker Limited.

WIT received an interim order of the Court of Queen's Bench of Saskatchewan authorizing and directing WIT to call, hold and conduct a special meeting of the WIT shareholders.

An information circular containing the relevant information about the arrangement will be mailed to the shareholders in connection with the meeting.

"We are happy to be proceeding to the shareholders meeting," said WIT President Claude Carles. "There has been very strong support for the cash consideration of $17.25 per share, and farmers and shareholders we have spoke with are also very pleased that P&H is a Canadian company who understands western farmers and community support, and who is also supportive of our business model, including the important relationship we have with our condo owners. When the circular is sent to shareholders late next week, we expect it will provide shareholders with the facts they need to support the unanimous recommendation of the WIT Board."



NOTE: To post a comment in the new commenting system you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Yahoo, OpenID. You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Weyburn This Week welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

blog comments powered by Disqus

About Us | Advertise | Contact Us | Sitemap / RSS   Glacier Community Media:    © Copyright 2014 Glacier Community Media | User Agreement & Privacy Policy


Lost your password?