CALGARY, Alberta, Nov. 20, 2020 – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), Husky Energy Inc. (TSX: HSE) is pleased to announce the Executive Leadership Team that is expected to lead the combined company created through the strategic merger between Cenovus and Husky announced on October 25, 2020..
“We believe it is important to move forward and establish the leadership team for the combined company to ensure that we are in a good position to begin capturing the synergies for this transaction immediately upon closing,” said Alex Burpaix, Cenovus President and CEO Officer. “Having a strong and expert leadership team in place on day one is critical as we are working to build a more integrated and resilient company that is well positioned to succeed as a Canadian energy leader in the coming years..
The composition of the expected management team was determined through discussions with the leadership teams of the two companies.
Husky and Cenovus agreed to merge their companies and entered into an arrangement agreement on October 24, 2020.. The transaction is expected to close in the first quarter of 2021, with the combined company continuing to operate as Synophos with its headquarters in Calgary, Alberta..
This press release contains certain forward-looking statements and forward-looking information (collectively referred to as “forward-looking information”) within the meaning of applicable securities legislation, including the United States Securities Litigation Reform Act of 1995, about our current expectations, estimates and projections. About the future, based on certain assumptions made by Sinophus and Husky in light of their experience and perception of historical trends. Although Sinofus and Husky believes that the expectations presented in this forward-looking information are reasonable, there is no guarantee that these expectations will prove to be correct.. Forward-looking information in this press release is defined by words such as “objective,” “expect,” “believe,” “ensure,” “create,” “expect,” “facilitate,” “goal,” “position,” “strategy,” or « Will » or similar expressions and includes suggestions for future results, including data on: the composition of the expected executive team; And the expected date to close the deal.
Readers are cautioned not to rely unreasonably on forward-looking information because actual results of Cenovus may differ materially from those express or implied.. Cenovus and Husky are under no obligation to update or revise any forward-looking information except as required by law. Developing forward-looking information involves relying on a number of assumptions and considering certain risks and uncertainties, some of which are specific to Cenovus and / or Husky and others apply to the industry in general.. Material factors or assumptions underlying the forward-looking information in this press release include the following: Successful closing of the deal, including obtaining necessary shareholder and regulatory approvals and meeting all other conditions for closing within expected timelines..
Additional information about the assumptions, risk factors, and uncertainties underlying the forward-looking information that could cause actual results of Cenovus to differ materially from any estimates or expectations of future performance or results expressed or implied through these forward-looking statements are described in the 2020 Cenovus Guidelines ( Dated April 1, 2020), Cenovus Management Discussion and Analysis (MD&A) for the year ended December 31, 2019 and its MD&A for the period ended September 30, 2020 plus the Annual Information Form (AIF)) and Form 40-F for the period ended December 31, 2019 (all Of which is available on cenovus. Com).
Husky annual information form for the year ending December 31, 2019, management discussion and analysis for the three and nine months ending September 30, 2020 and other documents filed with securities regulatory bodies (accessible through the SEDAR website at Sedar. com and the EDGAR Website at sec. gov) describe some of the risks, material assumptions, and other factors that could affect actual results in relation to Husky and are incorporated herein with reference..
About Cenovus Cenovus Energy. It is a Canadian integrated oil and natural gas company. It is committed to maximizing value through the sustainable development of its assets in a safe, innovative and cost-effective manner, and integrating environmental, social and governance considerations into its business plans.. Operations include oil sands projects in Northern Alberta, which use specialized methods of drilling and pumping oil to the surface using a technology called Steam Assisted Drainage (SAGD).. The company also has conventional crude oil, natural gas and natural gas liquids assets in Alberta and British Columbia as well as 50% ownership in two territories.. s. Strainers. Cenovus shares are traded under the symbol CVE and are listed on the Toronto and New York Stock Exchanges. For more information, visit cenovus. Com.
Find Cenovus on Facebook, Twitter, LinkedIn, YouTube, and Instagram. About Husky Husky Energy is an integrated energy company in Canada. It is headquartered in Calgary, Alberta, and its public shares are traded on the Toronto Stock Exchange under the symbol HSE. The company operates in Canada, the United States and the Asia Pacific region in two business sectors. The integrated corridor includes bitumen from thermal projects in the Lloydminster region of Saskatchewan, along with the Tucker Thermal project and Sunrise Energy project in Alberta, with production integrated into Husky’s downstream operations, which include the upgrade, refining and marketing of refined petroleum products. The offshore business includes crude oil production off the coasts of Newfoundland and Labrador, natural gas and marine liquids production in China and Indonesia.. For more information, visit huskyenergy. Com.
Chicago, November. 20, 2020 / PRNewswire / – Rewards Network®, a provider of financing, marketing, and loyalty services to the restaurant industry, today announced its first-ever gift, « Restaurant Resilient $ 50K Kiveaway ». The company will give $ 10,000 to each of five restaurants to help support it during the winter months.
To enter the competition, restaurants must complete a short survey by December 4.. Entries will be judged primarily based on answers of a maximum of 150 words to the following questions within the survey:
1) In your opinion, what does your restaurant mean to your community? 2) How do you use the $ 10,000 sum?
An internal committee of Rewards Network employees will review the submitted applications, with the final winner being decided by three employees from a cross section of the Rewards Network’s Marketing, Sales and Operations teams, all of whom are highly qualified professionals dedicated to local restaurant marketing and finance. The committee will select and notify the winners on December 18, and it will be publicly announced in January 2021.
“Restaurant owners have shown us the power of resilience and will likely face a difficult road for the next few months,” said Linda Bartman, Rewards Network chief marketing officer. “We are excited to launch this gift as an opportunity for us so that we can provide some financial support to the winning restaurants during the potentially harsh winter months..
To learn more about the Restaurant Resilient giveaway of $ 50,000 and for complete contest rules and guidelines, please visit here.. Restaurants can also find additional resources on the Rewards Network blog including tips on how to prepare for the holiday season during COVID-19..
About Rewards Network: Headquartered in Chicago, Illinois, the Rewards Network is a privately held fintech company that operates the largest card-linked restaurant rewards program in the United States and provides financial and marketing services to thousands of restaurants nationwide.
Since 1984, Rewards has offered its dining programs in partnership with major airlines, hotel chains and other leading loyalty marketing programs in the country.. Millions of our members include guests who spend hundreds of millions of dollars annually at participating restaurants, and in return, earn cash, airline miles, hotel points, college savings, fuel discounts, and retail savings.. For more information, visit the RewardsNetwork website. Com.
Dallas, Nov.. 20, 2020 / PRNewswire / – Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or “The Company”) today that it has been notified by the New York Stock Exchange (“NYSE”) that the company has been in full compliance with all standards for continuing listing on the New York Stock Exchange. , As indicated in a letter delivered to the company on November 19, 2020.
As previously disclosed, on October 1, 2020, the Company received a notice (“Initial Letter”) from the New York Stock Exchange stating that it does not comply with the Standing Listing Criteria set forth in the NYSE Listed Company Manual (the “Company’s Handbook”). Specifically, the initial letter stated that the company was not complying with Section 802. 01B of the Company’s Manual, which requires the listed company to have an average market capitalization of at least $ 50 million over 30 trading days, and at the same time, shareholder equity of not less than $ 50 million.
On November 19, 2020, the New York Stock Exchange sent a letter to the company (“Letter of Correction”) explaining that the NYSE incorrectly stated in the initial letter that the company was less than complying with the criteria for continuous quantitative listing of companies operating as laid down in section 802. 01B from the company directory. In the correction letter, the New York Stock Exchange noted that in making its decision set out in the initial letter, the NYSE did not consider the company to be a Real Estate Investment Fund (“REIT”) and that, due to the company’s position in the Real Estate Investment Fund, the quantitative continued and the listing criteria for the operating companies did not apply..
Additionally, the New York Stock Exchange stated in its correction letter that it intends to remove « . The BC indicator « is appended to the company code on the merged tape and on the NYSE site as a result of the initial speech. ».
Ashford Hospitality Trust is a Real Estate Investment Trust (REIT) focused mostly on investing in luxury, full-service hotels..
Ashford created the Ashford app for the hospitality REIT investor community. The Ashford app is available for free download on the Apple App Store and Google Play Store by searching for « Ashford. ».
Certain statements and assumptions contained in this press release contain or are based on « forward-looking » information and are made in accordance with the Safe Harbor provisions of the Securities Litigation Reform Act 1995. Forward-looking statements included in this press release include, among other things, statements about the company’s strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words “likely to produce,” “may,” “expect,” “assess,” “should,” “expect,” “believe,” “intend,” or similar expressions, we intend to define forward-looking wordings.. This data is subject to many assumptions and uncertainties, many of which are outside the Ashford Trust’s control.
These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those expected, including, but not limited to: the impact of the new strain of Coronavirus (COVID-19) on our website.. Business; Company Capability and Corporate Counselor Ashford Inc. , To continue as a going concern; The timing and results of the SEC investigation; Our ability to meet the standards of a continuing listing on the New York Stock Exchange Our ability to pay, refinance or restructure our debts and the debts of some of our subsidiaries; General fluctuations in the capital markets and the market price of our common stock and preferred stock; Changes in our business or investment strategy; Availability, conditions and distribution of capital; Availability of qualified personnel; Changes in our industry and the market we operate in, interest rates or the general economy; The degree and nature of competition. These and other risk factors are discussed fully in Ashford Trust deposits with the Securities and Exchange Commission.
The forward-looking statements contained in this press release have been issued only as of the date of this press release. Investors should not rely unjustly on these forward-looking statements. We will not publicly update or review any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations, or otherwise, except to the extent required by law..
New York, November. 20, 2020 / PRNewswire-PRWeb / – QuantaDose ™ hasn’t been around for six months, says Katie Webb, founder of the company. Webb realized that fast, reliable and accurate testing of UV lights had to be costly and reusable when people like her could not work while caring for family members during quarantine..
Webb was frantically trying to understand all options to keep her family safe. Webb found that many of the alleged UVC lights were just pretty blue lights with no protection at all. Webb said that expensive single-use UVC test cards were just a lot of money going to the trash. Webb shared her frustration with the father of her isolated child in quarantine, who is now the technology director at Webb who promised a solution in exchange for meals delivered to the window.. . This solution is QuantaDose ™!
Incumbents can take out loans – As a startup during a pandemic, there is one chance to get the right product because you’re getting 100% credit cards. « The banks didn’t think of lending to me at all, » Webb said..
“We’re just grateful we’re in a position to do something useful, and create useful tools during a time when we all need to do what we can to help each other,” said Katie Webb.
“QuantaDose ™ 2nd Generation UVC Test Card is the # 1 bestselling in vitro photometers & Photometers due to its cost-effectiveness to discover if UVC light is real before using it yourself or giving it to one loved one, « Says director of technology, John Coates.
QuantaDose ™ is the first reusable UVC light test card to use germicidal clarity for calibrated words starting at 300 µW / cm2 when « ULTRAVIOLET » first becomes read during exposure to optimal UVC wavelengths of germicidal. UVGI wavelengths are confirmed when UV-C is illuminated green in the upper test region.
In just a few months, Quanta X Technology became QuantaDose’s parent company. com, with some of the world’s most pioneering companies and people who share a vision about the future of Far-UV / UVC technology.
Learn more about this new best-selling product and the company that’s using UVC light so anyone can see it in a jiffy! Visit the team at QuantaDose. com or call us at 1800 713 9004 today!
Established in 2020, Quanta X Technology LLC has accumulated a wealth of industry-leading expertise in leading the world in non-pharmacological anti-epidemic actions that includes germicidal communications research, innovative new UV and UVB testing methods. The world’s first scalable solution to nucleophilic attack strategies through hydroxylation and directed energy of UVA and UVB rays. The company’s mission is to create the best quality of life solutions for the post-pandemic era by engaging in the research, design, manufacture and sale of photon and proton management technologies designed to mitigate the impact of pandemics to prevent future epidemics..
Chicago, November. 20, 2020 / PRNewswire / – Rewards Network®, a provider of financing, marketing, and loyalty services to the restaurant industry, today. . .
Dallas, Nov.. 20, 2020 / PRNewswire / – Ashford Hospitality Trust, Inc. (NYSE: AHT) (« Ashford Trust » or « The Company ») today announced that it is. . .
Winling, China, November. 20, 2020 / PRNewswire / – Fuling Global Inc. (NASDAQ: FORK) (« Fuling Global » or « The Company »), the manufacturer and. . .
RHB-204 is being evaluated as a first-class, stand-alone oral treatment for non-tuberculous mycoses (NTM) – a rare condition. . .
New York, November. 20, 2020 / PRNewswire-PRWeb / – QuantaDose ™ hasn’t been around for six months, says Katie Webb, founder of the company. Web realized. . .
Morristown, N.. J. , Nov. 20, 2020 / PRNewswire-PRWeb / – & Financial Education Research Foundation (FERF), an independent, non-profit research institution of Financial. . .
Los Angeles, November. 20, 2020 / PRNewswire / – Los Angeles Clippers and L.A.. a. Technology-based Honey Corporation announced that Honey would do so. . .
Chicago, November. 20, 2020 / PRNewswire / – This week the National Realtors Association® launched a new digital video series for more than. . .
Gothenburg, Sweden, November. 20, 2020 / PRNewswire / – Länsförsäkringar Fondförvaltning informed the Castellum Nominating Committee that Magnus Strömer will. . .
Vancouver, b. C. , Nov. 20, 2020 / PRNewswire / – Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) (https: // www. Zoomed. com) and its wholly owned subsidiary Zoomd Ltd. (Altogether, « Zoomd ». . .
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Cenovus Energy, Senior Management, Leadership
World News – CA – Cenovus and Husky announce leadership team for combined company
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– Cenovus and Husky announce leadership team of the company Merged
– Cenovus Energy and Husky Energy announce leadership team for the combined company
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