TerraVest Industries Inc. Announces Increase in Bought Deal Offering

Toronto, May 16, 2025 — TerraVest Industries Inc., a Canadian energy equipment and service company listed on the Toronto Stock Exchange, has announced an increase in its previously announced bought deal offering of common shares. Initially set at $240 million, the offering has been raised to $279 million. This announcement was made on May 16, 2025, and was reported by CEO.ca.

The company, which operates in the energy equipment and services sector, focuses on investing in oil service companies and providing well head processing equipment for the natural gas industry in Western Canada. Additionally, TerraVest offers well servicing to the oil and natural gas sector in South-western Saskatchewan.

Recent Financial Developments

Earlier in the week, on May 15, 2025, TerraVest Industries Inc. had announced a $240 million bought deal offering of common shares. This was reported by multiple sources, including Globenewswire.com, CEO.ca, and the Financial Post. The offering was part of the company’s strategy to raise capital for its operations and investments.

Dividend Declaration

In addition to the capital raising activities, TerraVest Industries declared a dividend of CAD 0.175 on May 14, 2025. This was reported by Seeking Alpha and other financial news outlets. The dividend declaration follows the company’s announcement of its second quarter results for fiscal 2025, which was also made public on the same day.

Second Quarter Results

TerraVest Industries Inc. announced its second quarter results for fiscal 2025 on May 14, 2025. The results were reported by Newswire.ca, CEO.ca, and Finanzen.net. The company provided an overview of its business performance and outlook, highlighting its strategic initiatives and financial health.

Company Overview

TerraVest Industries Inc. is a Canadian company listed on the Toronto Stock Exchange with a market capitalization of 3,254,008,621 CAD. As of May 13, 2025, the company’s close price was 170.42 CAD, with a 52-week high of 173.49 CAD and a low of 67.66 CAD on June 20, 2024. The company’s price-to-earnings ratio stands at 45.2953.

For more information, visit TerraVest Industries Inc.’s website at www.terravestindustries.com .