Fraud Warning: It has come to our attention that various international organizations or individuals have been offering false employment opportunities at Aecon Group Inc. These individuals will offer to fast track Canadian working visa applications in exchange for a payment. Such offers are fraudulent and intended to steal from the victims.

Aecon Group Inc. employment policies and processes in Canada involve personal interviews, and candidates who seek employment with us are never required to pay us any sum of money. To do so would be contrary to our business conduct guidelines and ethical practices. We take this matter extremely seriously and are working with the appropriate legal authorities to shut down such fraudulent schemes. Read more here
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Aecon consortium reaches financial close on Gordie Howe International Bridge project

Toronto, Ontario – September 28, 2018: Aecon Group Inc. (TSX: ARE) announced today that Bridging North America has reached financial close on the previously disclosed Gordie Howe International Bridge project. The fixed-priced contract is valued at $5.7 billion (nominal value), which includes the design-build (DB) phase and the 30-year operation, maintenance and rehabilitation (OMR) phase.  

Posted 28 September 2018 0 comments 0 recommendations

Aecon schedules third quarter 2018 financial results and conference call

Toronto, Ontario – September 27, 2018: Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2018 financial results on Thursday, October 25, 2018 after market close, and has scheduled a conference call for 10 a.m. (Eastern Time) on Friday, October 26, 2018.

Posted 27 September 2018 0 comments 0 recommendations

Aecon completes $160 million public offering of convertible debentures

Toronto, Ontario – September 26, 2018 /CNW/: Aecon Group Inc. (“Aecon” or the “Company”) (TSX: ARE) today announced that it has completed its previously announced public offering of $160 million aggregate principal amount of 5.0% convertible unsecured subordinated debentures due December 31, 2023 (the “Debentures”). The Debentures will commence trading today on the Toronto Stock Exchange under the symbol “ARE.DB.C”.

Posted 26 September 2018 0 comments 0 recommendations

Aecon announces $160 million public offering of convertible debentures

Toronto, Ontario – September 6, 2018: Aecon Group Inc. (“Aecon” or the “Company”) (TSX: ARE) today announced that it has entered into an agreement with a syndicate of underwriters co-led by TD Securities Inc. and CIBC Capital Markets pursuant to which the underwriters will purchase, on a bought deal basis, $160 million aggregate principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture (the “Debentures”). Aecon has also granted the underwriters an over-allotment option to purchase up to an additional $24 million aggregate principal amount of Debentures, exercisable in whole or in part for a period of 30 days following closing of the offering, to cover over-allotments, if any.

Posted 6 September 2018 0 comments 0 recommendations

Aecon announces receipt of approval to rejoin team selected for Gordie Howe International Bridge project

 Aecon Group Inc. (TSX: ARE) announced today that it has received approval to rejoin Bridging North America, the team selected as the Preferred Proponent to design, build, finance, operate and maintain the Gordie Howe International Bridge through a public-private partnership.

Posted 14 August 2018 0 comments 0 recommendations

Aecon announces partnership with Mikisew Group of Companies and Master Service Agreement for Fort Hills oil sands project

Toronto, Ontario – July 30, 2018: Aecon Group Inc. (TSX: ARE) announced today that Mikisew Aecon Limited Partnership, a newly formed joint venture between Aecon (49%) and Mikisew Group of Companies (Mikisew Cree First Nation) (51%), has been awarded a Master Service Agreement (MSA) by Fort Hills Energy L.P. for work on the Fort Hills oil sands project located approximately 90 kilometres north of Fort McMurray, Alberta. 

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