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Bri-Chem Corp. Files Management Information Circular and Urges Shareholders to Vote Only the YELLOW Proxy for Bri-Chem's Nominees
Newsfile· 2025-09-05 00:42
Core Viewpoint - Bri-Chem Corp. is urging shareholders to vote for its nominated board members using the YELLOW Proxy in an upcoming contested election against dissident nominees [1][2][6]. Group 1: Company Overview - Bri-Chem Corp. is a leading North American oilfield chemical distribution and blending company, known for its wholesale distribution and blending of oilfield drilling, completion, stimulation, and production chemical fluids [13]. - The company operates 25 strategically located warehouses throughout Canada and the United States [13]. Group 2: Shareholder Meeting Details - The annual and special meeting of shareholders is scheduled for September 16, 2025, where shareholders will vote on board nominations and the ratification of By-Law No. 2 [1][3]. - The meeting will feature a contested election, with both Bri-Chem and the dissident group nominating four individuals for the board [5]. Group 3: Nominees Comparison - Bri-Chem has nominated Don Caron, Eric Sauze, Brian Campbell, and Albert Sharp, who are described as independent and aligned with shareholder interests, collectively owning approximately 15.6% of the company [2][10][11]. - The dissident nominees, led by Barry Hugghins, are criticized for lacking relevant public company experience and having inherent conflicts of interest [6][7][9]. Group 4: Board's Position - The board expresses serious concerns regarding the qualifications of the dissident nominees, emphasizing that they do not serve the best interests of the company [6][7]. - The board is committed to maintaining financial discipline and positioning the company for future growth despite current market challenges [11].
KLX Energy Services Announces 2025 Second Quarter Earnings Release and Conference Call Schedule
Prnewswire· 2025-07-09 20:15
Group 1 - KLX Energy Services Holdings, Inc. will report its 2025 second quarter financial results on August 7, 2025, at 10:00 a.m. Eastern Time [1] - The conference call can be accessed via phone or live webcast, with a replay available until August 21, 2025 [1] - Questions for management can be submitted via email prior to the call [1] Group 2 - KLX is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production companies [2] - The company operates over 60 service and support facilities across the United States, focusing on drilling, completion, production, and intervention activities [2] - KLX's services are supported by technically skilled personnel and a broad portfolio of innovative in-house manufacturing, repair, and maintenance capabilities [2]