2019
Pason Systems Inc. Announces Normal Course Issuer Bid
FOR IMMEDIATE RELEASE
CALGARY, Alberta (December 11, 2019) – Pason Systems Inc. (TSX: PSI) announced that the Toronto Stock Exchange ("TSX") has accepted Pason’s Notice of Intention to commence a normal course issuer bid (the "2020 NCIB"). The 2020 NCIB effectively renews the existing NCIB, which started on December 18, 2018 and is scheduled to end on December 17, 2019 (“2019 NCIB”). The 2020 NCIB will commence on December 18, 2019 and will terminate on December 17, 2020 or such earlier time as the 2020 NCIB is completed or terminated at the option of Pason.
Pason Systems Inc. Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (November 6, 2019) – Pason Systems Inc. (TSX: PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of nineteen cents (C$0.19) per share on the company’s common shares. The dividend will be paid on December 30, 2019 to shareholders of record at the close of business on December 16, 2019.
Pason Reports Third Quarter 2019 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (November 6, 2019) – Pason Systems Inc. (TSX:PSI) announced today its 2019 third quarter results.
Pason to Release Third Quarter 2019 Results on November 6, 2019
FOR IMMEDIATE RELEASE
CALGARY, Alberta (October 8, 2019) – Pason Systems Inc. (TSX: PSI) intends to release its 2019 third quarter results after the markets close on Wednesday, November 6, 2019.
Pason Systems Inc. Announces Investment in Well Completions Technology Company
FOR IMMEDIATE RELEASE
CALGARY, Alberta (October 2, 2019) – Pason Systems Inc. (“Pason”) (TSX:PSI) is pleased to announce that it has entered into an agreement to invest C$25 million to acquire a minority interest in Intelligent Wellhead Systems Inc. (“IWS”). IWS is a privately-owned oil and gas technology and service company that provides proprietary and unique surface control systems for various markets globally, including unconventional shale, subsea intervention, critical well intervention, and offshore operations. “Our investment in IWS represents the first truly compelling opportunity we have seen in the completions space. Building on Pason’s deep expertise in end-to-end data management and ruggedized field technologies, we couldn’t be more excited to play a role in IWS’ continued growth,” said Marcel Kessler, President and Chief Executive Officer of Pason.
Pason Systems Inc. Announces Investment in the Solar Power and Energy Storage Industry
FOR IMMEDIATE RELEASE
CALGARY, Alberta (September 10, 2019) – Pason Systems Inc. (“Pason”) (TSX:PSI) is pleased to announce that it has made a US$20 million investment to acquire the majority interest in a US-based software company (the “Company”) that provides products and services for the solar power and energy storage industry. The Company will be combined with Pason Power to provide a robust and compelling software and control system offering, enabling solar and energy storage developers to secure more projects and deploy assets for their customers with higher confidence.
Pason Appoints Laura Schwinn to Board of Directors
FOR IMMEDIATE RELEASE
CALGARY, Alberta (August 8, 2019) – Pason Systems Inc. (TSX: PSI) is pleased to announce the appointment of Laura Schwinn to its board of directors, effective today. Laura Schwinn is currently the President of W. R. Grace & Co.’s $700 million Specialty Catalysts business, one of Grace’s three global operating segments. Grace is a publicly-traded leading global supplier of catalysts and engineered materials. The company’s two industry-leading business segments (Catalysts Technologies and Materials Technologies) provide innovative products, technologies, and services that enhance the products and processes of its customers around the world. (NYSE:GRA). Prior to this, from 2014-2017, Ms Schwinn was the CEO of C&C Reservoirs, a privately-owned, global organization which provides reservoir knowledge used to derive detailed insight across the E&P lifecycle for geoscientists, reservoir engineers, production engineers, and production managers. Prior to joining C&C, Laura Schwinn was at Halliburton, one of the world's largest oil field service companies, from 2002-2013 and was the Global Vice President of the Drill Bits and Services division from 2010-2013. She joins the board members of Pason as an independent, non-executive director and will stand for nomination at the next annual meeting of shareholders.
Pason Reports Second Quarter 2019 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (August 8, 2019) – Pason Systems Inc. (TSX:PSI) announced today its 2019 second quarter results.
Pason Systems Inc. Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (August 8, 2019) – Pason Systems Inc. (TSX: PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of nineteen cents (C$0.19) per share on the company’s common shares. The dividend will be paid on September 27, 2019 to shareholders of record at the close of business on September 13, 2019.
Pason to Release Second Quarter 2019 Results on August 8, 2019
FOR IMMEDIATE RELEASE
CALGARY, Alberta (June 27, 2019) – Pason Systems Inc. (TSX: PSI) intends to release its 2019 second quarter results after the markets close on Thursday, August 8, 2019.
Pason Systems Inc. Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (May 1, 2019) – Pason Systems Inc. (TSX: PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of eighteen cents (C$0.18) per share on the company’s common shares. The dividend will be paid on June 28, 2019 to shareholders of record at the close of business on June 14, 2019.
Pason Reports First Quarter 2019 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (May 1, 2019) – Pason Systems Inc. (TSX:PSI) announced today its 2019 first quarter results.
Pason to Release First Quarter 2019 Results on May 1, 2019
FOR IMMEDIATE RELEASE
CALGARY, Alberta (April 11, 2019) – Pason Systems Inc. (TSX: PSI) intends to release its 2019 first quarter results after the markets close on Wednesday, May 1, 2019.
Pason Systems Inc. Announces Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (February 26, 2019) – Pason Systems Inc. (TSX: PSI) announced today that the Board of Directors (with Mr. Jim Hill, the significant shareholder through J.D Hill Investments Ltd., abstaining from voting) declared a quarterly dividend of eighteen cents (C$0.18) per share on the company’s common shares. The dividend will be paid on March 29, 2019 to shareholders of record at the close of business on March 15, 2019.
Pason Reports Fourth Quarter 2018 Results
FOR IMMEDIATE RELEASE
CALGARY, Alberta (February 26, 2019) – Pason Systems Inc. (TSX:PSI) announced today its 2018 fourth quarter results.
Pason to Release Fourth Quarter and Year-End 2018 Results on February 26, 2019
FOR IMMEDIATE RELEASE
CALGARY, Alberta (January 17, 2019) – Pason Systems Inc. (TSX: PSI) intends to release its 2018 fourth quarter and year-end results after the markets close on Tuesday, February 26, 2019.