![]() In evaluating these statements, prospective investors should specifically consider various factors including the risks outlined in the Company's most recent annual information form and management discussion and analysis which may cause actual results to differ materially from any forward-looking statement. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and a number of factors could cause actual events or results to differ materially from the results discussed in the forward-looking statements. The forward-looking statements contained herein reflect management's current beliefs and are based upon certain assumptions that management believes to be reasonable based on the information currently available to management. Although management believes that expectations reflected in forward-looking statements are reasonable, such statements involve risks and uncertainties including risks and uncertainties discussed under the heading "Risk Factors" in Tree Island's most recent annual information form and management discussion and analysis. Any statements that are contained herein that are not statements of historical fact may be deemed to be forward looking statements. The use of forward-looking words such as, "may," "will," "expect" or similar variations generally identify such statements. This press release includes forward-looking information with respect to Tree Island including its business, operations and strategies, completion and the terms and conditions of the Sale. The Company markets these products under the Tree Island®, Halsteel®, K-Lath®, TI Wire®, Tough Strand® and ToughPanel TM brand names. ![]() Its products include galvanized wire, bright wire a broad array of fasteners, including packaged, collated and bulk nails stucco reinforcing products concrete reinforcing mesh fencing and other fabricated wire products. ![]() Tree Island Steel, headquartered in Richmond, British Columbia, since 1964, through its four operating facilities in Canada and the United States, produces wire products for a diverse range of industrial, residential construction, commercial construction and agricultural applications. ![]() On closing of the Sale, the Company will lease back the Etiwanda Facility by entering into a two-year commercial lease agreement with Newcastle. The Sale is subject to a number of customary closing conditions for a transaction of this nature and is expected to close on or about December 17, 2021. (" Newcastle") pursuant to which the Company will sell the Etiwanda Facility to Newcastle for US$55.3 million, subject to customary closing adjustments. Tree Island Wire (USA), Inc., an indirect wholly-owned subsidiary of the Company and the registered owner of the Etiwanda Facility, entered into the Sale Agreement with Newcastle Partners, Inc. (" Tree Island" or the " Company") (TSX: TSL) announced today an agreement (the " Sale Agreement") by the Company to sell its Etiwanda facility located in Rancho Cucamonga, California, US (" Etiwanda Facility") for gross proceeds of US$55.3 million (the " Sale"). 15, 2021 (GLOBE NEWSWIRE) - Tree Island Steel Ltd. Bernard, which is 4-1 in the Del Rey League.VANCOUVER, British Columbia, Dec. Bernard 53, Gardena Serra 49: Jason Hart Jr. Mater Dei 78, Servite 39: Zack Davidson finished with 15 points for 22-2 Mater Dei, which is 7-0 in the Trinity League. Paramount 67, Warren 54: Spencer Ezewiro finished with 35 points and 16 rebounds for Paramount. Francis with 29 points.ĭominguez 53, Downey 51: Takhari Carr scored 17 points for the Dons, who received a game-winning basket from Franklyn Chamber. Francis 63, Viewpoint 51: Jake Goldberg led St. had 27 points in the Central League game.īrentwood 84, Paraclete 73: MJ Coleman had 18 points for Brentwood.Įl Camino Real 80, Cleveland 63: Karson Peffer scored 21 points for ECR.Īliso Niguel 84, Dana Hills 77: Tyler Weaver finished with 43 points. With tonight’s win over Norwalk Head Coach Tony Davis has reached 300 career wins.
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