Tidewater Midstream and Infrastructure Ltd. Announces Q2 Earnings and Approval of Stock Options and RSUS
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 08/27/15 -- Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE: TWM) is pleased to announced that it has filed its unaudited condensed interim financial statements and MDA for the period ended June 30, 2015.
Second Quarter 2015 Highlights
Financial Overview
Stock Options and RSUs
On August 26, 2015 the Corporation approved a future grant of 1,552,500 restricted share units and 1,161,500 stock options to directors, officers, employees and consultants of the Corporation. The options will have an exercise price equal to the price per common share on the date of grant, will vest over a period of three years, and will expire five years from the date of grant. The Corporation has determined that exemptions from the various requirements of TSX Venture Exchange Policies are available for the granting of the options and RSUs.
About Tidewater
Tidewater was incorporated under the Alberta Business Corporations Act on February 4, 2015 to pursue the purchase, sale and transportation of natural gas liquids ("NGLs") throughout North America and export to overseas markets. Tidewater also plans to engage in the acquisition of oil and gas infrastructure, including gas plants, pipelines, NGLs by rail, export terminals and storage facilities. Tidewater continues to investigate opportunities with North American producers and mid-streamers for the acquisition and operation of such infrastructure projects.
Additional information relating to Tidewater is available on SEDAR at and at .
Advisory Regarding Forward-Looking Statements
In the interest of providing Tidewater's shareholders and potential investors with information regarding Tidewater, including management's assessment of Tidewater's future plans and operations, certain statements in this press release are "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). In some cases, forward-looking statements can be identified by terminology such as "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "intend", "may", "objective", "ongoing", "outlook", "potential", "project", "plan", "should", "target", "would", "will" or similar words suggesting future outcomes, events or performance. The forward-looking statements contained in this press release speak only as of the date thereof and are expressly qualified by this cautionary statement.
Contacts:
Tidewater Midstream and Infrastructure Ltd.
Joel MacLeod
Chairman, President and CEO
403.719.0499
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Unternehmensinformation / Kurzprofil:
Datum: 27.08.2015 - 13:00 Uhr
Sprache: Deutsch
News-ID 416328
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contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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