Boeckh Investments Inc. Sells Common Shares of Critical Control Energy Services Corp.

MONTRÉAL, Jan. 29, 2019 /CNW Telbec/ - On January 28, 2019, Boeckh Investments Inc. ("BII"), a private investment firm based in Montréal, Québec, sold 182,850 common shares (the "Common Shares") in the capital of Critical Control Energy Services Corp. ("Critical Control") on the Toronto Stock Exchange (the "Sale") at a price of $0.08 per Common Share, for aggregate gross proceeds to BII of $14,628.  

Immediately prior to the Sale, BII and joint actors beneficially owned or had control or direction over, directly or indirectly, an aggregate of 7,991,850 Common Shares, representing approximately 17.97% of the issued and outstanding Common Shares. As at January 28, 2019, after giving effect to the Sale, BII and joint actors beneficially own or have control or direction over, directly or indirectly, an aggregate of 7,809,000 Common Shares, representing approximately 17.56% of the issued and outstanding Common Shares.

BII sold the Common Shares as a result of an investment decision and, based on current market conditions, BII and joint actors may in the future wish to increase or further decrease their shareholdings in Critical Control as circumstances warrant, whether in the open market, by privately negotiated agreements, or otherwise. Any transaction that BII and joint actors may pursue may be made at any time and from time to time without prior notice and will depend on a variety of factors, including, without limitation, the price and availability of common shares of Critical Control, subsequent developments affecting Critical Control, its business and prospects, other investment and business opportunities available to BII and joint actors, general industry and economic conditions, the securities markets in general, compliance with applicable securities laws and other factors deemed relevant by BII and joint actors.

An early warning report relating to this transaction will be filed on SEDAR under Critical Control's profile at www.sedar.com. To obtain a copy of such report, please contact William Powell, Chief Financial Officer of BII at 514-904-0551. The head office of BII is located at 1750-1002 Sherbrooke Street West, Montréal, Québec, H3A 3L6. The head office of Critical Control is located at 800, 140 - 10^th Avenue SE, Calgary, Alberta, T2G 0R1.

SOURCE Boeckh Investments Inc.

William Powell, Chief Financial Officer, 514-904-0551