Oct 17 (Reuters) - Polaris Materials Corp ::Polaris announces filing of shareholder meeting materials in connection with special meeting to consider acquisition by U.S. Concrete.
Oct 17 (Reuters) - Polaris Materials Corp :Polaris announces Q3 2017 sales volumes, further increase to full year sales expectations.Polaris Materials Corp - sales volumes in Q3 2017 were 973,000 tons, an increase of 50% over Q2 2017.Polaris Materials Corp - sales expectations for Q4 2017 are in range of 1.1 to 1.3 million tons.Polaris Materials Corp - now expect FY 2017 sales volumes to be 3.2 million to 3.4 million tons.
Oct 17 (Reuters) - Source Energy Services Ltd ::Announces acquisition of Preferred Sands' Wisconsin Mine, Processing Facility and Canadian Frac Sand Assets as well as $90 million in equity financings.Consideration for Acquisition includes U.S.$80 million in cash, subject to closing and post-closing adjustments.Acquisition is expected to provide significant accretion in cash flow per share in 2018.Acquisition is also expected to be immediately accretive, based on key operational metrics.Financing deal by $25.1 million public bought deal equity financing, $65 million private placement equity financing, draws on credit facilities.Prior to closing of acquisition, co expects to increase its revolver limit under its credit facilities from $35 million to $70 million.Approximately $20 million of revolver limit will be utilized to finance acquisition.In connection with deal, co entered agreement with underwriters to issue 3 million shares on bought deal basis at $8.35 per share.
Oct 17 (Reuters) - Shree Digvijay Cement Co Ltd ::Sept quarter net profit 100,000 rupees versus loss 97.3 million rupees year ago.Sept quarter revenue from operations 949.1 million rupees versus 902.1 million rupees year ago.