Badger Infrastructure Solutions Ltd. Announces 2022 Fourth Quarter Results and Increases Quarterly Dividend streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Badger Daylighting Ltd. Announces Board of Director Changes
March 11, 2021 19:25 ET | Source: Badger Daylighting Ltd Badger Daylighting Ltd Red Deer, Alberta, CANADA
CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) Badger Daylighting Ltd. (“Badger” or the “Company”) (TSX:BAD) announces the planned retirement of Garry Mihaichuk and the appointment of Stephen Jones to Badger’s Board of Directors.
Garry Mihaichuk has indicated that he will be retiring at the Company’s 2021 annual general meeting of shareholders. “We would like to thank Garry for his 15 years of service to the Company and for his Board leadership as Chair of the Human Resources and Compensation Committee and previously, Chair of the Health and Safety Committee. Garry’s leadership and collaboration on the board will be missed and Badger has benefitted from the significant contributions he has made over the years,” said Glen Roane, Chair of the B
(1)
Cash flow from operating activities is provided as a comparable measure to cash flow from operating activities before working capital adjustments.
(2)
Per share, basic and diluted measures calculated by dividing the respective financial measure with the weighted average common shares outstanding for the respective period.
Business Outlook and Strategic Milestones
Badger is positioning the business to take advantage of an expected strong market recovery in 2021 from the COVID-19 pandemic and to prepare for the traditional summer construction season. Badger began hiring and training operators, sales people and operations staff in the fourth quarter of 2020 and has continued this activity in the first quarter of 2021. Also commencing in the fourth quarter of 2020 and continuing in 2021, Badger has made investments to enhance its organizational design and management structure.