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Calfrac Comments on Recent Trading Activity
Calfrac Comments on Recent Trading Activity Canada NewsWire CALGARY, AB, June 9,...
About this update from Calfrac Well Services Ltd.
[{"type":"text","content":"\n\n\n\nCalfrac Comments on Recent Trading Activity\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, AB, June 9, 2020\n\n\n\nCALGARY, AB, June 9, 2020 /CNW/ - Calfrac Well Services Ltd. (\"Calfrac\" or the \"Company\") (TSX: CFW) provides the following comment on the recent increase in the trading volume and price of the Company's common shares on the Toronto Stock Exchange.\nWhile the Company is not aware of any material change that would account for the recent trading activity in its common shares, the Company confirms that it has retained Perella Weinberg Partners LP and Tudor, Pickering, Holt & Co., along with RBC Capital Markets, as financial advisors to advise the Company on alternatives for addressing its capital structure. The Company will inform the market as required of any material developments, and does not have any further comment at this time.\nCalfrac's common shares are publicly traded on the Toronto Stock Exchange under the trading symbol \"CFW\". Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells drilled throughout western Canada, the United States, Argentina and Russia.\nThis press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws.  The use of any of the words \"expect\", \"anticipate\", \"continue\", \"estimate\", \"may\", \"will\", \"project\", \"should\", \"believe\", \"plans\", \"intends\" and similar expressions are intended to identify forward-looking information or statements.  More particularly and without limitation, this press release contains forward-looking statements and information relating to the disclosure of any material developments related to the Company. \nThese forward-looking statements and information are based on certain key expectations and assumptions made by Calfrac in light of its experience and perception of historical trends, current conditions and expected future developments as well as other factors ...