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Stock impact report

Civeo Awarded Four-Year Integrated Services Contract with Ontario's Ministry of the Solicitor General [Yahoo! Finance]

Civeo Corporation (Canada) Common Shares (CVEO) 
Last civeo corporation (canada) common shares earnings: 10/25 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.civeo.com
Company Research Source: Yahoo! Finance
Ontario's Ministry of the Solicitor General, under which it anticipates producing and transporting approximately 20,000 meals per day to ten provincial correctional facilities across Ontario. While the contract is expected to commence in April 2026, transition activities will start in advance of April 2026. The contract includes an option to extend the term by two years. The new contract incorporates cook-chill food production and transportation of the prepared meals. Meals will be produced at a centralized facility and transported to ten provincial correctional facilities throughout Ontario. The contract is expected to generate approximately C$24 million in revenues in the first year of the contract period. "We are keen to develop our relationship with the Ontario government. We appreciate the Ontario Ministry of the Solicitor General for entrusting us with this contract award and we look forward to capitalizing on further growth opportunities in Canada and across North America," Show less Read more
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