Aveda Transportation and Energy Services Provides Update on Shareholder Meeting
April 19 2018 - 1:38PM
Aveda Transportation and Energy Services Inc. (“Aveda” or the
“Company”) (TSX-V:AVE), one of North America’s largest dedicated
rig moving companies, provides the following update regarding the
proposed shareholder meeting described in its press release of
April 16, 2018 to consider approval of a business combination with
Daseke, Inc., a leading consolidator and the largest owner of
flatbed and specialized transportation and logistics solutions in
North America (the “Transaction”). Aveda has now set the date
of its special meeting of shareholders to consider approval of the
Transaction to be May 30, 2018, and has also set the record date
for shareholders entitled to vote at the meeting to be April 30,
2018. Further details regarding the proposed Transaction are
contained in Aveda’s press release of April 16, 2018.
About Aveda Transportation and Energy
Services
Aveda provides specialized transportation
services and equipment required for the exploration, development
and production of petroleum resources in the Western Canadian
Sedimentary Basin and in the United States of America principally
in and around the states of Texas, Pennsylvania, Oklahoma, Ohio and
North Dakota. Aveda balances Performance, Safety and Value for our
Customers through Leadership, Financial Discipline and Proper
Planning, while providing a culture of Family for our employees.
Aveda strives for a world where its operations improve the daily
experience of our customers, our employees, and every person we
meet on the road to success.
Aveda was incorporated in 1994 as a private
company to serve the oil and gas industry. In the spring of 2006,
the Company went public on the TSX Venture Exchange. Aveda has
major operations in Leduc, AB, Grande Prairie, AB, Edson, AB,
Pleasanton, TX, Midland, TX, Pecos, TX, Marshall, TX, Williston,
ND, Williamsport, PA, Martins Ferry, OH and Oklahoma City, OK.
Aveda is publicly traded on the TSX Venture Exchange under the
symbol AVE. Aveda has 12 locations which cover North America’s most
prolific oil and gas plays. The Company has almost 1,500 pieces of
modern, well maintained equipment and employs approximately 610
team members. Aveda’s unique differentiator is our advanced
operational and safety culture. For more information on Aveda
please visit www.avedaenergy.com.
For more information, please contact:Bharat
Mahajan, CPA, CAVice President, Finance and Chief Financial
Officer(403) 264-5769bharat.mahajan@avedaenergy.com
This news release does not constitute an offer
to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be
registered under the U.S. Securities Act or any state securities
laws and may not be offered or sold within the United States or to
U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Aveda Transportation and Energy (TSXV:AVE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Aveda Transportation and Energy (TSXV:AVE)
Historical Stock Chart
From Apr 2023 to Apr 2024