Alberta
Leduc RCMP warn motorists of poor road conditions due to snowfall
Jan.13, 2021
Leduc RCMP warn motorists of poor road conditions due to snowfall
Leduc, Alta. – Leduc RCMP are responding to a vehicle in the ditch on Highway 2 south.
Leduc RCMP are advising motorist that roads in and around Leduc are icy due to recent snowfall, blowing snow and reduced visibility.
Motorists are being asked to slow down and adjust their driving.
Leduc RCMP suggest the following tips to drivers:
- Ensure all windows, side mirrors and lights are properly and completely cleared of snow;
- Help others see you, make sure your lights are turned on;
- Reduce your speed and give yourself more time to slow and stop;
- Listen to the radio for updated road and weather reports;
- Plan extra time to get to your destination;
- Be prepared for changing road and weather conditions. Pack blankets or a winter survival kit, especially if you are planning a trip outside of town.
No further updates are expected at this time.
Alberta
THE HALFTIME REPORT News from the Alberta Sports Hall of Fame


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Alberta
Aurora Cannabis shares fall 40% after share sale amendment


EDMONTON — Aurora Cannabis Inc.’s share price fell by about 40 per cent, after the company announced it sold US$150 million worth of shares.
The Edmonton marijuana company’s share price was $3.47 when trading ended Thursday, but by mid-morning Friday, had fallen to $2.07 and closed at $2.14.
The sale of shares was part of an amendment Aurora made to a previously announced bought deal financing.
The amendment made it possible for a syndicate of underwriters led by Canaccord Genuity and BMO Capital Markets to purchase 61.2 million Aurora units for US$2.45 each.
Each unit is comprised of one common share in Aurora and one common share purchase warrant, which can be used to acquire one common share for US$3.20 each in the next 36 months.
Aurora has yet to record a profit and in recent years has been trying to drive revenues by better aligning supply with demand, laying off staff and closing facilities.
This report by The Canadian Press was first published May 27, 2022.
The Canadian Press
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