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Highwood Oil Company Ltd. Announces Name Change to Highwood Asset Management Ltd., Amendment to Credit Facility and Filing of NI 43-101 Technical Report on Western Canada Lithium Brine Project
Highwood Oil Company Ltd. Announces Name Change to Highwood Asset Management Ltd., Amendm...
About this update from Highwood Asset Management Ltd
[{"type":"text","content":"\n \n \n \n Highwood Oil Company Ltd. Announces Name Change to Highwood Asset Management Ltd., Amendment to Credit Facility and Filing of NI 43-101 Technical Report on Western Canada Lithium Brine Project\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/\n \n \n \n \n CALGARY, AB\n \n ,\n \n July 16, 2021\n \n /CNW/ - Highwood Oil Company Ltd. (TSXV: HOCL) (\"Highwood\" or the \"Company\") is pleased to announce that it is changing its name to Highwood Asset Management Ltd. (the \"Name Change\").\n \n \n \n \n \n \n \n \n \n \n Name Change\n \n \n \n To better reflect the Company's diversified asset base and potential future opportunities, the Company found it suitable to rename itself Highwood Asset Management Ltd. The Name Change was unanimously approved by the Company's shareholders at the\n \n June 17, 2021\n \n Annual General Meeting.\n \n \n The Name Change is amongst the first steps in the Company transitioning into an asset management entity overseeing various operations including clean energy transition subsectors with a focus on ESG.  These subsectors may include industrial metals and minerals (Lithium, Iron, Rare Earth Elements, Vanadium, Silica, Alumina etc), clean energy technologies, upstream and midstream oil & gas production & processing, and potentially other business ventures.\n \n \n Given its clean balance sheet which provides considerable financial and operational flexibility, the Company expects that it will be able to complete several accretive acquisitions to catalyze material organic growth in 2021.  The Company is currently engaged in several encouraging dialogues regarding various acquisitions and partnership opportunities.  Global optimism around mitigating COVID-19 and restoring previous economic and industrial activities has created positive market and investment sentiment both within and outside oil & gas space.\n \n \n The Company's stock ticker on the TSX Venture Exchange will...