Divestco Inc.

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Divestco Inc. Announces Closing of Asset Sale to 2179602 Alberta Ltd.
Calgary, Alberta--(Newsfile Corp. - June 2, 2019) - Divestco Inc. (TSXV: DVT.H) ("Divestco" or the "Company") is pleased to announce that, in connection with its creditor protection proceedings under the Companies' Creditors Arrangement Act (the "CCAA") and previously announced sales solicitation process (the "SSP") that concluded on April 30, 2019 wit
2019-06-02 9:20 PM EDT
Divestco Announces Court Approval of Sale of Assets to 2179602 Alberta Ltd.
Calgary, Alberta--(Newsfile Corp. - May 14, 2019) - Divestco Inc. (TSXV: DVT.H) ("Divestco" or the "Company") is pleased to announce that, in connection with its creditor protection proceedings under the Companies' Creditors Arrangement Act (the "CCAA") and previously announced sales solicitation process (the "SSP") that concluded on April 30, 2019 with 2179602 Alberta Ltd. (the "Purchaser") emerging as the "Successful Bidder", the Company today received authorization from the Court of Queen's Bench Alberta (the "Court") to complete the sale of...
2019-05-14 10:25 PM EDT
Divestco Cease Trade Order Issued - Failure to File Annual Financial Statements
Calgary, Alberta--(Newsfile Corp. - May 8, 2019) - Divestco Inc. (TSXV: DVT.H) ("Divestco" or the "Company") announces a cease trade order was issued by the Alberta Securities Commission on May 6, 2019 for failure to file its annual financial statements for the year ended December 31, 2018, including the related management discussion and analysis and annual filing certifications (collectively, the "Annual Filings"). The Annual Filings were required to be filed by April 30, 2019. As previously announced, on March...
2019-05-08 4:18 PM EDT
Divestco Announces Closing of Sales Solicitation Process
Calgary, Alberta--(Newsfile Corp. - May 1, 2019) - Divestco Inc. (TSXV: DVT.H) ("Divestco" or the "Company") is pleased to announce that, in connection with its creditor protection proceedings under the Companies' Creditors Arrangement Act (the "CCAA") and previously announced sales solicitation process (the "SSP") that commenced marketing on April 1, 2019 and officially closed
2019-05-01 1:26 AM EDT
Divestco Announces Commencement of Sales Solicitation Process
Calgary, Alberta--(Newsfile Corp. - April 1, 2019) - Further to its announcement of March 27, 2019, Divestco Inc. (TSXV: DVT.H) ("Divestco" or the "Company") announces that, in connection with its creditor protection proceedings under the Companies' Creditors Arrangement Act (the "CCAA") and approval from the Court of Queen's Bench of Alberta of the sales solicitation process (the "SSP"), formal marketing of the Company's assets has been initiated, effective today. Interested parties can visit the Monitor's website (www.grantthornton.ca/Divestco) to view the...
2019-04-01 9:00 AM EDT
Divestco Receives Court Approval for Sales Solicitation Process and "Stalking Horse" Bid
Calgary, Alberta--(Newsfile Corp. - March 27, 2019) - Further to its announcement of March 19, 2019, Divestco Inc. (TSXV: DVT.H) ("Divestco" or the "Company") announces that, in connection with its creditor protection proceedings under the Companies' Creditors Arrangement Act (the "CCAA"), it has received approval from the Court of Queen's Bench of Alberta to commence its supervised sales solicitation process (the "SSP"), to be carried out
2019-03-27 12:50 PM EDT
Divestco Appoints New Director to its Board of Directors, Enters Into Definitive "Stalking Horse" Agreement to Sell Substantially All of Its Assets and Applies to Court for Process Approval
Calgary, Alberta--(Newsfile Corp. - March 19, 2019) - Divestco Inc. (TSXV: DVT) ("Divestco" or the "Company") is pleased to announce that its Board of Directors has appointed Steve Sinclair-Smith, the Company's current Chief Operating Officer, as a new director of the Company. Mr. Sinclair-Smith has been an integral part of the Divestco team since 2003 and brings to the Board extensive institutional kno
2019-03-19 11:46 PM EDT
Divestco Announces Commencement of Proceedings under the Companies' Creditors Arrangement Act
Calgary, Alberta--(Newsfile Corp. - February 28, 2019) - Divestco Inc. (TSXV: DVT) ("Divestco" or the "Company") announces that its Board of Directors has approved the Company's initiation of proceedings at the Court of Queen's Bench of Alberta to seek creditor protection under the Companies' Creditors Arrangement Act (the "CCAA").After careful consideration of all other available alternatives, Divestco's Board of Directors has determined that it is in the best interests of the Company and its stakeholders to apply for creditor...
2019-02-28 6:41 PM EST
Divestco Appoints CFO
Calgary, Alberta--(Newsfile Corp. - December 13, 2018) - Divestco Inc. (TSXV: DVT) ("Divestco" or the "Company") is pleased to announce the appointment of Ruth Summers as CFO effective December 1, 2018. Ms. Summers brings over 20 years of financial advisory and capital markets experience in a variety of sectors including upstream and midstream oil and gas, power generation, public infrastructure and alternative energy.Ms. Summers was most recently working for a public oil and gas company in treasury and strategy. She...
2018-12-13 4:07 PM EST
Divestco Reports 2018 Q3 Results
Calgary, Alberta--(Newsfile Corp. - November 29, 2018) - Divestco Inc. (TSXV: DVT) ("Divestco" or the "Company"), an exploration services company dedicated to providing a comprehensive and integrated portfolio of data, software and services to the oil and gas industry worldwide, today announced its financial and operating results for the three and nine months ended September 30, 2018.Financial HighlightsOverall Performance and Operational Results
2018-11-29 5:56 PM EST

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