Brief: Civeo Agrees To Sell Its Mcclelland Lake Lodge Assets For Approximately C$49 Million

Civeo

12/09/2023 11:45

Civeo Corp  CVEO.N :
    * CIVEO AGREES TO SELL ITS MCCLELLAND LAKE LODGE ASSETS FOR
APPROXIMATELY C$49 MILLION
    * CIVEO CORP - PROPOSED DEAL FOR FOR APPROXIMATELY C$49
MILLION,
OR US$36 MILLION
    * CIVEO CORP - CIVEO AGREES TO SELL ITS MCCLELLAND LAKE
LODGE
ASSETS FOR APPROXIMATELY C$49 MILLION
    * CIVEO CORP - ANTICIPATED GAINS FROM MCCLELLAND LAKE LODGE
ASSETS
OF ABOUT US$35 MILLION TO BE RECOGNIZED THROUGHOUT SECOND HALF
OF 2023 AND Q1 OF 2024

Source text for Eikon:  ID:nBw5R4x7da 
Further company coverage:  CVEO.N