CALGARY, March 31, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (TSX:PRW) announces that the Company's lenders under both the bank syndicated credit facility and the subordinated loan have extended the waiver period for non-compliance with financial covenants under their respective loan agreements from March 31, 2017 to April 13, 2017.
Petrowest is a diversified infrastructure company with primary operations based in northeastern British Columbia and Alberta. Petrowest's operations are focused on industrial and civil infrastructure projects, gravel crushing and hauling activities, as well as pre-drilling and post-completion energy services.
SOURCE Petrowest Corporation
For further information: Nikolaus Kiefer, Vice President of Business Development & Investor Relations at (403) 384-0405 or [email protected]‐west.com.