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Trican and Canyon to Combine to Create Premier Canadian Pressure Pumping Company

Mar 22, 2017 - Marketwire (Canada)

CALGARY, ALBERTA--(Marketwired - March 22, 2017) - Trican Well Service Ltd. ("Trican") (TSX:TCW) and Canyon Services Group Inc. ("Canyon") (TSX:FRC) are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which Trican has agreed to acquire all of the issued and outstanding common shares of Canyon (the "Canyon Shares") on the basis of 1.70 common shares of Trican (the "Trican Shares") for each outstanding Canyon Share (the "Transactio...