News
Stay updated with the latest news and corporate announcements from Enterprise Group Inc.
Enterprise Group Announces Closing of Previously Announced Bought Deal Financing and Exercise of Over-Allotment Option
St. Albert, Alberta – December 12, 2024 – Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the “Company” or “Enterprise Group“), a consolidator of services to the energy sector that is focused primarily on specialized equipment rental, is pleased to announce it has closed its previously announced bought deal offering pursuant to a press release dated November 27, 2024. The Underwriters (as defined below) elected to exercise the over-allotment option in full, resulting in an aggregate of 15,131,585 common shares of the Company (the “Common Shares”) being issued at a price of $1.90 per Common Share for total gross proceeds of approximately $28.8 million (the “Offering”). The Common Shares issued pursuant to the Offering will trade on the Toronto Stock Exchange under the ticker symbol E.
Read Full ReleaseEnterprise Group Announces Upsize to Previously Announced Bought Deal Financing
ST. ALBERT, AB, Nov. 27, 2024 /CNW/ – Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the “Company” or “Enterprise Group“), a consolidator of services to the energy sector that is focused primarily on specialized equipment rental is pleased to announce that it has entered into an amended agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and Raymond James Ltd. (the “Underwriters“), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 13,157,900 common shares of the Company (“Offered Shares“) at a price of $1.90 per Offered Share (the “Issue Price“) for gross proceeds to the Company of approximately $25.0 million (the “Offering“).
Read Full ReleaseEnterprise Group Announces $20 Million Bought Deal Public Offering
ST. ALBERT, AB, Nov. 26, 2024 /CNW/ – Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the “Company” or “Enterprise Group“), a consolidator of services to the energy sector that is focused primarily on specialized equipment rental, announced today that it has entered into an agreement with Canaccord Genuity Corp. and Raymond James Ltd. (the “Co-Lead Underwriters“) as co-lead underwriters on behalf of a syndicate of underwriters (the “Underwriters“) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 10,527,000 common shares at a purchase price of C$1.90 per common share for aggregate gross proceeds of approximately C$20.0 million (the “Offering“).
Read Full ReleaseRecent News
Enterprise Group Announces Annual Meeting Results
June 26, 2026
June 26, 2026 – St. Albert, Alberta – Enterprise Group, Inc. ("Enterprise" or the "Company") (TSX:E) (OTCQB:ETOLF) announces the voting results of its annual and special meeting of shareholders held on June 25, 2026.
Enterprise Group Announces Proposed Name Change To Evolution PowerX Corp.
May 26, 2026
May 26, 2026 – St. Albert, Alberta – Enterprise Group, Inc. ("Enterprise" or the "Company") (TSX:E) (OTCQB:ETOLF) is pleased to announce that it intends to change its corporate name to Evolution PowerX Corp., subject to shareholder approval at its upcoming Annual and Special Meeting to be held on June 25th 2026.
Enterprise Group Announces Results For The First Quarter 2026
May 14, 2026
May 14, 2026 – St. Albert, Alberta – Enterprise Group, Inc. (TSX: E)(OTCQB: ETOLF) announces Q1 2026 results with revenue of $12,003,053 for the quarter ended March 31, 2026 versus $10,328,085 in the prior-year quarter; adjusted EBITDA of $5,427,289 versus $4,415,855.
Enterprise Group Announces Canada's First Fully Powered Drilling Operation Utilizing Natural Gas Turbines
April 27, 2026
April 27, 2026 – St. Albert, Alberta – Enterprise Group, Inc. (TSX: E) announces a significant operational milestone through Evolution Power Projects: Canada's first drilling operation powered by multiple synchronized natural gas turbine generators, displacing diesel and delivering approximately 1 MW for an 80-day, four-well pad program.
Enterprise Group Announces Renewal of Normal Course Issuer Bid
March 30, 2026
March 30, 2026 – St. Albert, Alberta – Enterprise Group, Inc. (TSX: E) announces that the Toronto Stock Exchange has accepted its notice of intention to renew its normal course issuer bid to purchase outstanding common shares of the Company on the open market in accordance with the rules of the TSX. The Company is authorized to purchase up to 5,754,150 Shares under the bid, representing 10% of its public float.
Stay Updated
Subscribe to receive our latest news and updates directly to your inbox.