TSX:CUS.DB.D - Post by User
Post by
CoveredCallMeMaybeon Jan 07, 2015 10:57am
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Post# 23293886
Released at 10:41 Today
Released at 10:41 Today"I am pleased to announce that Canexus has secured an additional unit train per week of volume at our NATO crude-by-rail facility at Bruderheim to commence mid-2015," stated Doug Wonnacott, President and CEO. "The contract term is for 28 months and contains take-or-pay provisions. The customer has the option to increase the volume commitment under the contract by a further half unit train per week commencing January 1, 2016 for the remainder of the term." With this announcement, Canexus now has approximately 5.5 unit trains per week under contract (approximately 6.0 unit trains per week if the option is exercised).