Civeo agrees to sell its mcclelland lake lodge assets for approximately c$49 million

Houston & calgary, alberta--(business wire)--civeo corporation (nyse: cveo) today announced that it has entered into a definitive agreement to sell its mcclelland lake lodge assets to a us-based mining project for approximately c$49 million, or us$36 million. the company expects to close the transaction before january 31, 2024, subject to the satisfaction of customary closing conditions. highlights of the transaction include: purchase price of approximately us$36 million with anticipated net pr.
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