U.S. Markets closed

Petrowest Corporation Announces Waiver Extension

CALGARY , March 31, 2017 /CNW/ - Petrowest Corporation ("Petrowest" or the "Company") (PRW.TO) 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 .

ABOUT PETROWEST

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


To view the original version on PR Newswire, visit: http://www.newswire.ca/en/releases/archive/March2017/31/c6284.html