Badger Daylighting Ltd. Changes Its Name to Badger Infrastructure Solutions Ltd.
May 05 2021 - 5:41PM
Badger Infrastructure Solutions Ltd. (formerly Badger Daylighting
Ltd.) (the “Company” or “Badger”) (TSX: BAD) today announced that
it has filed articles of amendment changing its corporate name to
“Badger Infrastructure Solutions Ltd.”. The shareholder approval
required to authorize the change in the Company’s name was obtained
at the Company’s annual and special meeting of shareholders held
earlier today.
All materials necessary to effect the change in
the Company’s name have been filed with the Toronto Stock Exchange
(the “TSX”) and, subject to final approval being received from the
TSX, it is expected that the Company’s common shares will commence
trading under the new name on or about May 11, 2021 and under the
trading symbol “BDGI”.
No action is required by existing shareholders
with respect to the name and trading symbol changes.
About Badger Infrastructure Solutions
Ltd.Badger Infrastructure Solutions Ltd. (TSX:BAD) is
North America’s largest provider of non-destructive excavating
services. Badger works for contractors and facility owners in a
broad range of infrastructure industries. These market segments
consist primarily of infrastructure projects in areas such as
energy generation, electricity and natural gas transmission
networks, roads and highways, telecommunications, water and sewage
treatment and general municipal infrastructure. Customers in these
segments typically operate near high concentrations of underground
power, communication, water, gas and sewer lines, particularly in
large urban centres where safety and economic risks are high and
therefore non-destructive excavation provides a safe alternative
for certain customer excavation requirements. The Company’s key
technology is the Badger HydrovacTM, which is used primarily for
safe excavation around critical infrastructure and in congested
underground conditions. The Badger Hydrovac uses a pressurized
water stream to liquefy the soil cover, which is then removed with
a powerful vacuum system and deposited into a storage tank. Badger
manufactures and designs its truck-mounted hydrovac units, giving
Badger the opportunity to incorporate feedback from its hydrovac
operators into its existing and future design and manufacturing
processes.
For further information:Paul Vanderberg,
President and CEO
Darren Yaworsky, Vice President, Finance and CFOPramod Bhatia, Vice
President, Strategic Planning and Investor Relations
Badger Infrastructure Solutions Ltd.ATCO Centre
IISuite 400, 919 - 11th Avenue SWCalgary, Alberta T2R 1P3Telephone
(403) 264-8500Fax (403) 228-9773
Source: Badger Infrastructure Solutions Ltd.
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