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SECURE ANNOUNCES PRELIMINARY RESULTS OF ITS SUBSTANTIAL ISSUER BID

Newswire.ca - Thu May 15, 2025

CALGARY, AB, May 15, 2025 /CNW/ - SECURE Waste Infrastructure Corp. ("SECURE") (TSX: SES) announced today the preliminary results of its substantial issuer bid (the "Offer"), pursuant to which SECURE offered to purchase for cancellation up to $200 million of its outstanding common shares (the "Shares") from holders of Shares (the "Shareholders") for cash. The Offer proceeded by way of a modified Dutch auction which had a tender price range from $12.00 per Share to $14.50 per Share and included the ability for Shareholders to participate via a proportionate tender. The Offer expired at 5:00 p.m. (Eastern time) on May 14, 2025.

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