2022
Pason Announces Renewal of Normal Course Issuer Bid
FOR IMMEDIATE RELEASE
CALGARY, Alberta (December 15, 2022) – Pason Systems Inc. (TSX: PSI) (“Pason” or “the Company”) is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted Pason’s Notice of Intention to commence a normal course issuer bid ("2023 NCIB"). The 2023 NCIB effectively renews the existing normal course issuer bid, which started on December 20, 2021 and is scheduled to end on December 19, 2022 (“2022 NCIB”). The 2023 NCIB will commence on December 20, 2022 and will terminate on December 19, 2023 or such earlier time as the 2023 NCIB is completed or terminated at the option of Pason.
Pason Increases Investment in Intelligent Wellhead Systems
FOR IMMEDIATE RELEASE
CALGARY, Alberta (December 14, 2022) – Pason Systems Inc. (TSX: PSI) (“Pason” or “the Company”) is pleased to announce that it has increased its non-controlling investment in Intelligent Wellhead Systems Inc. (“IWS”) through the acquisition of outstanding common shares of IWS for an aggregate purchase price of $7.9 million and an agreement to invest up to $25 million in preferred shares of IWS. The preferred share investment consists of an initial subscription of $10 million, with up to a further $15 million in future tranches of preferred shares subject to the continued growth and success of IWS. These funds will support IWS’ ongoing growth initiatives and accelerate the development and deployment of IWS’ technologies.
Pason Systems Inc. Announces the Release of its Inaugural Sustainability Report
FOR IMMEDIATE RELEASE
CALGARY, Alberta (November 30, 2022) – Pason Systems Inc. (TSX: PSI) (“Pason” or “the Company”) is pleased to announce the release of its 2021 Sustainability Report (the “Report“). The Report provides an outline of the Company’s key environmental, social and governance metrics, ongoing initiatives and areas of focus and is available on Pason’s website at https://www.pason.com/investors/investor-information.
Pason Reports Third Quarter 2022 Results and Declares Increased Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (November 2, 2022) – Pason Systems Inc. ("Pason" or the "Company") (TSX:PSI) announced today its 2022 third quarter results and the declaration of an increased quarterly dividend. The following news release should be read in conjunction with the Company's Management Discussion and Analysis ("MD&A"), the unaudited Interim Condensed Consolidated Financial Statements and related notes for the three and nine months ended September 30, 2022, as well as the Annual Information Form for the year ended December 31, 2021. All of these documents are available on SEDAR at www.sedar.com.
Pason to Release 2022 Third Quarter Results on November 2, 2022
FOR IMMEDIATE RELEASE
CALGARY, Alberta (October 7, 2022) – Pason Systems Inc. (TSX: PSI) intends to release its 2022 third quarter results after the markets close on Wednesday, November 2, 2022.
Pason Reports Second Quarter 2022 Results and Declares Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (August 10, 2022) – Pason Systems Inc. ("Pason" or the "Company") (TSX:PSI) announced today its 2022 second quarter results and the declaration of a quarterly dividend. The following news release should be read in conjunction with the Company's Management Discussion and Analysis ("MD&A"), the unaudited Interim Condensed Consolidated Financial Statements and related notes for the three and six months ended June 30, 2022, as well as the Annual Information Form for the year ended December 31, 2021. All of these documents are available on SEDAR at www.sedar.com.
Pason to Release 2022 Second Quarter Results on August 10, 2022
FOR IMMEDIATE RELEASE
CALGARY, Alberta (July 6, 2022) – Pason Systems Inc. (TSX: PSI) intends to release its 2022 second quarter results after the markets close on Wednesday, August 10, 2022.
Pason Reports First Quarter 2022 Results and Declares Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (April 28, 2022) – Pason Systems Inc. ("Pason" or the "Company") (TSX:PSI) announced today its 2022 first quarter results and the declaration of a quarterly dividend. The following news release should be read in conjunction with the Company's Management Discussion and Analysis ("MD&A"), the unaudited Interim Condensed Consolidated Financial Statements and related notes for the three months ended March 31, 2022, as well as the Annual Information Form for the year ended December 31, 2021. All of these documents are available on SEDAR at www.sedar.com.
Pason Systems Inc. Reports Voting Results of Director Elections
FOR IMMEDIATE RELEASE
CALGARY, Alberta (April 29, 2022) – Pason Systems Inc. (TSX: PSI) announced today the director election results from its 2022 annual general meeting of shareholders held on April 28, 2022. The following six nominees were elected as directors of Pason Systems Inc. to hold office until the next annual meeting of shareholders of Pason Systems Inc. or until their successors are elected or appointed:
Pason to Hold Virtual AGM and Release 2022 First Quarter Results on April 28, 2022
FOR IMMEDIATE RELEASE
CALGARY, Alberta (April 4, 2022) – Pason Systems Inc. (TSX: PSI) will be holding its annual general meeting of shareholders on Thursday, April 28, 2022 at 3:30 p.m. (MDT) via live audio webcast at www.meetnow.global/M77P2HM. Additional details on how to access and login to the meeting are provided on Pason’s website at www.pason.com/investors.
Pason to Release 2021 Fourth Quarter Results on February 22, 2022
FOR IMMEDIATE RELEASE
CALGARY, Alberta (January 11, 2022) – Pason Systems Inc. (TSX: PSI) intends to release its 2021 fourth quarter results after the markets close on Tuesday, February 22nd, 2022.
Pason Reports Fourth Quarter 2021 Results and Declares Increased Quarterly Dividend
FOR IMMEDIATE RELEASE
CALGARY, Alberta (February 22, 2022) – Pason Systems Inc. (“Pason” or the “Company”) (TSX:PSI) announced today its 2021 fourth quarter results and an increase in its quarterly dividend. The following news release should be read in conjunction with the Company's Management Discussion and Analysis ("MD&A"), the audited consolidated financial statements and related notes for the year ended December 31, 2021, as well as the Annual Information Form for the year ended December 31, 2020. All of these documents are available on SEDAR at www.sedar.com.