Press release from CNW Group
Bird Construction Inc. Announces award of $100 million contract with ArcelorMittal Mines Canada Inc.
Thursday, September 15, 2011
Bird Construction Inc. Announces award of $100 million contract with ArcelorMittal Mines Canada Inc.17:01 EDT Thursday, September 15, 2011TORONTO, Sept. 15, 2011 /CNW/ - Bird Construction Inc. announced that its H.J. O'Connell, Limited, subsidiary has executed a $100 million unit price contract with ArcelorMittal Mines Canada Inc. for the removal of waste rock at the client's Mount Wright mine located near Fermont, Quebec. Execution of the work will commence in the fall of 2011 and is expected to be completed by the spring of 2015."This contract award is an early indication that our investment in H.J. O'Connell will produce the results that we anticipated when evaluating the acquisition," commented Tim Talbott, Bird's President and C.E.O. "With this project, O'Connell continues to demonstrate their capabilities as a leading surface mining contractor."This press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release. For further information: T.J. Talbott, President & C.E.O. or S.R. Entwistle, C.F.O. Bird Construction Inc. 5403 Eglinton Avenue West, Toronto, ON M9C 5K6 Phone: (4l6) 620-7122 Fax: (416) 620-1516