On April 12, 2024, Simpson Oil Limited sent a letter to the Board of Directors of Parkland Corporation calling on the Board immediately to commence a review of strategic alternatives, including a potential transition of the Company to new ownership. Simpson Oil expressed its views that significant value creation opportunities are available to an operator with the appropriate focus on prudent capital allocation, cost discipline, alignment of management compensation, and strong corporate governance.
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- Simpson Oil Limited Calls for Strategic Review at Parkland Corporation