Badger Daylighting Announces 2015 AGM Date and Proposed Director Nominees
Calgary, Alberta (FSCwire) - Badger Daylighting Ltd. (“Badger” or the “Corporation”) announced today that it will hold its 2015 annual general meeting of shareholders (the “AGM”) in the main floor conference centre at 715 - 5th Avenue SW, Calgary, Alberta on June 18, 2015 at 9:00 am (Mountain Time).
The Board of Directors (the “Board”) is currently composed of five (5) members; however, one of the directors, J. Richard Couillard, will not be standing for re-election at the AGM. To fill the vacancy and, as part of a previously announced process of board renewal, Badger proposes that Catherine (Kay) Best, Grant Billing and William (Bill) Lingard be nominated for election to the Board at the AGM as additional directors.
Glen Roane, Chair of Badger, commented: “Badger is looking forward to the new perspectives, additional skills and relevant experiences that each of the proposed nominees for election to the Board will bring to the table. Further, Badger wishes to acknowledge and thank Mr. Couillard for his contributions and significant efforts as a board member to the growth and development of Badger and wishes him every success in his future endeavors.”
Further information on the individuals who will be put forth by Badger for election to the Board at the AGM is set out below:
Glen Roane, Chair: Mr. Roane has been a director of Badger, including its predecessors, since May 22, 2003 and became Chair of Badger in November 2014. Mr. Roane is a corporate director who has served as a director of more than 15 public or private companies since 1997 and who also served two terms as a Member of the Alberta Securities Commission. He is currently a director of Enerplus Corporation, Connacher Oil and Gas Limited, SilverWillow Energy Corporation, Logan International Inc., and GBC American Growth Fund Inc. Prior to 1997, Mr. Roane was employed in the financial services industry in increasingly senior roles with employers including the Toronto Dominion Bank, Lancaster Financial Inc and Burns Fry Limited. Mr. Roane holds a BA and MBA from Queen’s University, in Kingston, Ontario and the ICD.D designation.
Tor Wilson, President and CEO: Mr. Wilson has been a director and President of the Corporation, including its predecessors, since 2000, and Chief Executive Officer of the Corporation, including its predecessors, since 2001. Prior thereto, Mr. Wilson was the Chief Operating Officer of Timberjack Inc., a worldwide forestry equipment manufacturer, from 1996 to May 2000. Mr. Wilson holds a Bachelor of Science degree in Forestry from the University of New Brunswick, an MBA from Laurentian University in Ontario and the ICD.D designation from the Institute of Corporate Directors.
Catherine (Kay) Best, Independent: Ms. Best is a corporate director, currently serving on the boards of AltaGas Ltd., Canadian Natural Resources Limited, Superior Plus Corporation, and Aston Hill Financial Inc. From 2000 to 2009 Ms. Best was the Executive Vice President, Risk Management & Chief Financial Officer of the Calgary Health Region. Prior to 2000 she was a Corporate Audit Partner with Ernst & Young. She holds a Bachelor of Interior Design degree from the University of Manitoba. Ms. Best is a Chartered Accountant and was awarded her FCA designation in 2005 and her ICD.D in 2009.
Grant Billing, Independent: Mr. Billing is a corporate director who has served as a director of more than 9 other public and private companies. Mr. Billing was the Chairman of Superior Plus Corp. from 2011 to 2014 and served as its Chairman and Chief Executive Officer from 2006 to November 2011 and its Executive Chairman from 1998 to 2006. Prior to that, Mr. Billing held various senior management positions with exploration and production companies including President and Chief Executive Officer of Norcen Energy Resources Limited and Sceptre Resources Incorporated. Mr. Billing is currently a director of Pembina Pipeline Corporation, where he serves as Chair of the Human Resources and Compensation committee and a director of Cortex Business Solutions Inc. Mr. Billing holds a Bachelor of Science degree from the University of Calgary and is a Chartered Accountant.
David M. Calnan, Independent: Mr. Calnan is a businessman whose principal business activities are with Rocky Layman Energy Inc., an Alberta based oil and gas company, and Western Ice Services Inc., a Western Canadian ice manufacturer. Mr. Calnan has been President of Rocky Layman Energy Inc. since 1989 and has been President of Western Ice Services Inc. since 2013. Mr. Calnan has also served as an officer and director of ten other public companies and a number of private companies. Mr. Calnan was a partner with the law firm of Shea Nerland Calnan LLP from 1990 until 2013. Mr. Calnan has been a director and the Secretary of Badger, including its predecessors, since May 28, 1993. Mr. Calnan is a member of the Law Society of Alberta and received his BA from Queen’s University in 1977 and his LLB from the University of Toronto in 1981.
William (Bill) Lingard, Independent: Mr. Lingard is currently a Director of BlackSquare Inc. and was the Chairman of the Board for the Southern Alberta Institute of Technology (SAIT) until September 2014. Prior to that, he was the President and Chief Operating Officer of URS Corporation in San Francisco from 2013 to 2014; the President, Chief Executive Officer and Board member of Flint Energy Services Limited from 2005 to 2012; the Chief Operating Officer of Nabors Drilling Canada from 2002 to 2005; and the Chief Operating Officer of Enserco Energy Services from 2000 to 2002. Mr. Lingard started his career with Halliburton holding various positions of increasing responsibility from 1982 to 2000 with assignments in the United States and Canada including Country Manager for Halliburton Canada. He served as the Chairman of the Petroleum Services Association of Canada (PSAC) in 2000 and the Chairman of the Executive Oilmen's Association in 2004. Mr. Lingard holds a Bachelor of Engineering degree from Memorial University in St. John’s, Newfoundland and completed business management courses at the University of Texas.
Garry P. Mihaichuk, Independent: Mr. Mihaichuk is a corporate director who has served as a director on 14 public and private companies since 1996. Between 2007 and 2009 he was the President and CEO of Toromont Energy Systems Inc., from 2005 to 2007 he was Vice President of Heavy Oil and Oil Sands for Husky Energy Inc., and from 2001 to 2005 he was Senior Vice President of Mancal Corporation. Mr. Mihaichuk is also currently the Managing Director of Translang Technologies Ltd., Director of Greenfields Petroleum Corporation, Director of Connacher Oil and Gas Limited, Director of Nordic Petroleum AS and Director and President of Nordic America’s Inc., Director of RLG International and Director of Friends of the Calgary Philharmonic Orchestra. Mr. Mihaichuk holds a B.Sc. Mechanical Engineering from Queen’s University, Global Leadership from Michigan University, PMD from Harvard University and ICD from Rotman School of Management. Mr. Mihaichuk has been a director of the Corporation, including its predecessors, since April 23, 2009.
The election of individuals to the Board is subject to the actual voting results of the shareholders at the AGM as well as the Corporation’s majority voting policy which requires, absent special circumstances, a director to immediately tender his or her resignation to the Board if he or she is not elected by at least a majority (50% +1 vote) of the votes cast with respect to his or her election. No guarantee can be made with respect to the election of directors at the AGM.
About Badger:
Badger is North America’s largest provider of non-destructive excavating services. Badger traditionally works for contractors and facility owners in the utility and petroleum industries. Our key technology is the Badger Hydrovac, which is used primarily for safe digging in congested grounds and challenging conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. Badger manufactures its truck-mounted hydrovac units.
The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.
For more information regarding this Press Release, please contact:
Tor Wilson
President and CEO
1000, 635 – 8th Avenue SW
Calgary, Alberta T2P 3M3
Jerry Schiefelbein
Vice President Finance and CFO
Phone (403) 264-8500
Fax (403) 228-9773
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/badger03252015.pdf
Source: Badger Daylighting Ltd. (TSX:BAD) http://www.badgerinc.com/
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