News

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    Spring 2017 Newsletter

    February, 16, 2017

    The Spring 2017 edition of The Explorer newsletter now available. Click here to read the latest news and stories about Athabasca Basin Development and its companies.

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    Athabasca Basin Security completes Acquisition of Alberta-based All Peace Protection

    February, 1, 2017

    Athabasca Basin Security is pleased to announce the acquisition of All Peace Protection, a security company based in Grande Prairie, Alberta.   Please click here for a copy of the official news release.

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    Fall 2016 Newsletter

    September, 22, 2016

    The fall 2016 edition of The Explorer newsletter now available. Click here to read the latest news and stories about Athabasca Basin Development and its companies.

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    Black Lake becomes First Sask School using Connected North Virtual Education Program

    April, 21, 2016

    IMG_6743-tvWe are proud to support the connected program in one of the Athabasca communities! Please click here for a copy of the official news release.

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    ABD Donates $80,000 to kick-start Breakfast Programs in 4 Athabasca Schools

    April, 14, 2016

    Four schools in Saskatchewan’s Athabasca region will be starting breakfast programs using ONEXONE’s First Nations School Breakfast program. Read More…

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    Spring 2016 Newsletter

    February, 22, 2016

    The spring 2016 edition of The Explorer newsletter now available. Click here to read the latest news and stories about Athabasca Basin Development and its companies.

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    New SaskTel Wireless Service Launches in Two Northern Communities

    December, 21, 2015

    abd-donationDecember 21, 2015 –Today SaskTel announced that the new cellular towers serving the communities of Stony Rapids and Black Lake are fully operational and residents can now enjoy the benefits of SaskTel wireless service. The extension of wireless cellular service to these Northern Communities was made possible through a partnership between SaskTel, Athabasca Basin Development and Huawei Canada.

    This partnership is based on SaskTel’s Community Participation Model, which encourages communities to raise funds to assist in installing cellular infrastructure where it may not otherwise be economically feasible for SaskTel to do so.

    “SaskTel remains committed to connecting all the residents of this vast Province to technology and the opportunities it brings,” said Minister Responsible for SaskTel Jim Reiter. “In addition to this important initiative, with support from the Connecting Canadians Program, SaskTel is also working on extending and increasing broadband internet speeds to an additional 26 Northern communities.”

    Wollaston Lake and Fond Du Lac First Nation also received wireless service under this initiative with service being turned up in these locations in September 2015

    “This is a great day for the people in Stony Rapids,” says Mayor Daniel Powder. “We’ve heard from our neighbors in Wollaston and Fond du Lac about how much easier it is to communicate in the community and within Saskatchewan. To have dependable cellular service now in our community means so much for our residents.”

    “This cell tower represents such an important investment into our community,” says Rick Robillard, Chief of Black Lake First Nation. “The increased ability to communicate opens so much more potential for our business climate and improves the lives and safety of our residents. I am very excited that these towers are operational in Black Lake!”

    The total cost of this project was $6 million with Athabasca Basin Development Corporation providing $249,000 and Huawei contributing $385,000 in funding and telecommunications equipment.

    “I’d like to thank SaskTel and Huawei Canada for their partnership in this exciting initiative for the Athabasca region,” says Geoff Gay, CEO of Athabasca Basin Development. “We look for opportunities that provide long lasting benefit for the Athabasca communities, and this one was such a perfect fit. We are so pleased that all four towers are now operational, and that the people in the Athabasca region have access to increased connectivity and all the benefits that come with that.”

    “Huawei is extremely proud of our long-term partnership with SaskTel, and of our partnership with the Athabasca Basin Development Corporation, to work together to make this new service a reality” said Sean Yang, President Huawei Canada. “Wireless broadband and mobile services will bring both economic and social benefit to the residents of Stony Rapids and Black Lake, and reinforces the critical importance of ensuring all Canadians, regardless of location, have access to leading-edge telecommunications services”

    Click here to view the official SaskTel news release.

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    New SaskTel Wireless Service Launches in Two Northern Communities

    September, 24, 2015

    abd-donationSeptember 24, 2015 –Today SaskTel announced that the new cellular towers serving the communities of Wollaston Lake and Fond Du Lac First Nation are fully operational and residents can now enjoy the benefits of SaskTel wireless service. The extension of wireless cellular service to these Northern Communities was made possible through a partnership between SaskTel, Athabasca Basin Development and Huawei Canada.

    This partnership is based on SaskTel’s Community Participation Model, which encourages communities to raise funds to assist in installing cellular infrastructure where it may not otherwise be economically feasible for SaskTel to do so. Announced in November 2013, Wollaston Lake and Fond Du Lac First Nation are the first two of a total of four announced communities to receive this service. The partners have also committed to extending wireless service to the communities of Black Lake and Stony Rapids, with an anticipated completion date of year end 2015.

    “SaskTel customers experience a level of connectivity that is rare in other sparsely populated parts of the world because of the ongoing commitment SaskTel shows to connecting our rural and northern communities”, said Minister Responsible for SaskTel Jim Reiter. “In addition to this important initiative, with support from the Connecting Canadians Program, SaskTel is also working on extending and increasing broadband internet speeds to an additional 26 Northern communities.”

    “This is a great day for the residents of Wollastan Lake and Fond Du Lac First Nation who can now enjoy high speed connectivity, and we are proud to have supported this initiative,” said Sean Yang, President of Huawei Canada, “SaskTel’s leadership in connecting the rural areas of the province demonstrates a commitment to ensuring northern communities have access to the latest wireless technologies available in the world.”

    “We are pleased to be part of this exciting initiative that brings such a real and lasting impact on the Athabasca communities,” says Geoff Gay, CEO of Athabasca Basin Development. “Now that two of the towers are operational, the increased connectivity will lead to many benefits for the people and the business climate in the region. I’d like to thank SaskTel and Huawei Canada for their efforts and commitment in getting this vital initiative going, and for giving us the opportunity to join them in this partnership to benefit the Athabasca region.”

    “We’ve been looking forward to the towers becoming operational since this was announced, and we are excited that the day has come,” says Darryl McDonald, CEO for Fond Du Lac First Nation, “Up until today, we’ve had little to no cellular coverage in Fond Du Lac, and the impact these towers will have on local business development, safety, and the lives of our residents will be tremendous.”

    “I am very happy to see this improvement in cellular service for the members of our community,” says Chief Bart Tsannie of Hatchet Lake First Nation, which is located directly next to the community of Wollaston Lake. “One of the most significant challenges for our area is accessibility, and these towers will help improve connectivity to the rest of Saskatchewan. Initiatives like these serve as an important step in building a better future for our residents, and I see this as a significant and vital investment in our community.”

    The total cost of this project was $6 million with Athabasca Basin Development Corporation providing $249,000 and Huawei contributing $385,000 in funding and telecommunications equipment.

    About Athabasca Basin Development
    Athabasca Basin Development is committed to building and investing in successful businesses. Investments are focused on the resource sector and include partial or complete ownership in twelve successful companies with last year’s consolidated revenues topping $176M. The company is owned by the seven communities in Northern Saskatchewan’s Athabasca region. Visit www.athabascabasin.ca.

    About Huawei
    Huawei is a leading global information and communications technology (ICT) solutions provider. Huawei’s 170,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Our innovative ICT solutions, products and services have been deployed in over 170 countries and regions, serving more than one third of the world’s population. Founded in 1987, Huawei is a private company fully owned by its employees, and was recently name by Interbrand as one of the world’s top 100 brands – the first Chinese company to receive this recognition.

    Huawei Canada has been in operation since 2008. Huawei’s innovative wireless products and services support many of Canada’s leading telecommunications companies, and Huawei’s Canada Research Centre in Kanata, Ontario is a national leader in advanced communications technologies. We are proud to be a key part of Canada’s ICT Ecosystem.

    About SaskTel
    SaskTel is the leading Information and Communications Technology (ICT) provider in Saskatchewan, with over $1.2 billion in annual revenue and over 1.4 million customer connections including over 618,000 wireless accesses, 437,000 wireline network accesses, 258,000 Internet accesses and over 103,000 maxTV™ subscribers. SaskTel and its wholly-owned subsidiaries offer a wide range of ICT products and services including competitive voice, data and Internet services, wireless data services, maxTV services, data centre services, cloud-based services, security monitoring services, advertising services, and international software and consulting services. SaskTel and its wholly-owned subsidiaries have a workforce of approximately 4,000 full-time equivalent employees (FTEs). Visit SaskTel at www.sasktel.com.

    Please click here for the official press release.

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    Fall 2015 Newsletter

    September, 21, 2015

    The fall 2015 edition of The Explorer newsletter now available. Click here to read the latest news and stories about Athabasca Basin Development and its companies.

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    ABD Increases Ownership in West Wind Aviation, Purchases Shares from MLTC RDI

    April, 8, 2015

    Saskatoon, SK. Prince-Albert based investment firm, Athabasca Basin Development (ABD), announced increased ownership into West Wind Aviation from 29% to 55.4%. ABD purchased additional shares in the company from former owner Meadow LakeTribal Council Resource Development. There will be no changes to current operations as a result of this transaction, and existing management and employees will continue to operate the business as usual.

    “We are pleased to be making this increased investment in West Wind Aviation,” says Geoff Gay, CEO of Athabasca Basin Development.  “We initially purchased ownership in West Wind in 2012, and when the opportunity to increase our investment came up, it made good sense for us. West Wind Aviation is a solid company with a strong track record of success of providing flights in the North and in Saskatchewan. Looking ahead, there is a lot of potential for growth and expansion for the company, making it a solid investment for our shareholders in the Athabasca.”

    Former owner Meadow Lake Tribal Council Resource Development (MLTC RDI) is the for-profit arm of the Meadow Lake Tribal Council. “West Wind Aviation has been a good investment for us for many years. After reviewing our portfolio of investments, we made the strategic decision to sell our shares in the company in order to pursue opportunities that are a better fit with our core business,” says Ben Voss, CEO of MLTC RDI. “As long time owners in the company, we are pleased to see our shares go to a solid investment company, and we think this deal is a win for our company, our shareholders, and for West Wind Aviation.”

    Established in 1983, West Wind Aviation offers a diverse range of aviation solutions to safely meet corporate or leisure travel needs. Over the years, West Wind Aviation has built a reputation of providing excellent service, and the company has been recognized with multiple awards, including being a platinum member of Canada’s Best Managed companies and a Saskatchewan Top Employers.

    “We’ve had an excellent partnership with Athabasca Basin Development for the past two years, and we are pleased they are increasing their ownership in our company,” says Gord Gillespie, CEO of West Wind Aviation. “Athabasca Basin Development has a history of supporting solid companies, and having strong ownership puts us in a good position to explore potential opportunities for growth and expansion. This partnership is an excellent fit and we look forward to continuing a long and mutually beneficial relationship.”

    Prince Albert Development LP and the West Wind employee group are the other owners of West Wind Aviation.

    Please click here for the official press release.

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    Spring 2015 Newsletter

    February, 19, 2015

    The spring 2015 edition of The Explorer newsletter now available. Click here to read the latest news and stories about Athabasca Basin Development and its companies.

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    ABD acquires 50% ownership in Tru-North RV, Auto & Marine in Prince Albert

    February, 4, 2015

    Prince Albert, SK. Prince-Albert based investment firm, Athabasca Basin Development (ABD), announced ownership today into Tru-North RV, Auto & Marine (Tru-North). ABD has ownership of 50% of the business, with management retaining the remaining 50%. There will be no changes to current operations as a result of this transaction, and existing management and employees will continue to operate the business as usual.

    “We are pleased to be making this investment in Tru-North,” says Geoff Gay, CEO of Athabasca Basin Development.  “This investment is a good fit with our overall portfolio of investments into successful, well-run companies that have a lot of growth potential. Tru-North is a significant supplier in the Prince Albert market, known for providing exceptional customer service and quality products for its customers. With its latest expansion into manufactured homes, there is a lot of potential for this company to continue the level of growth it has experienced, and we are excited to have ownership in this excellent company.”

    Tru-North has built a reputation for being the best place in Prince Albert to shop for boats, travel trailers, fifth wheels, and extended stay trailers. The company was recently recognized by Yamaha Motor Canada as a 5 Star Dealer for their excellence in providing customer service – before, during and after the sale. With the business’ recent expansion and the creation of Tru North Homes, it now also specializes in high quality manufactured home sales.

    “Athabasca Basin Development has a history of supporting strong companies, and we are very excited about this deal,” says Rick Bueckert, General Manager for Tru-North. “Through this partnership, we have created a strategic opportunity to strengthen and build on our offerings to deliver even greater value to our customers and continue growing our company. This partnership is an excellent fit and we look forward to a long and mutually beneficial relationship.”

    Athabasca Basin Development, who was recently named as SaskBusiness Magazine’s 2014 Business of the Year, is an aboriginal investment company owned by the seven far north communities in Saskatchewan. Athabasca Basin Development looks for investments that are sustainable, well-managed and generate value for its shareholders. “We are actively seeking investment opportunities for the upcoming year, and this investment is the first of others to come,” says Geoff Gay, “I would encourage business owners who are looking for an investment company to consider us as a potential fit and to contact us to discuss opportunities.”

    Please click here for the official press release.

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    ABD named SaskBusiness Magazine’s Business of the Year

    December, 5, 2014

    Business-of-the-Year-2014-coverSaskatoon, SK – Athabasca Basin Development is pleased to have been selected as this year’s Business of the Year by SaskBusiness Magazine. Athabasca Basin Development joins an elite group of previous winners, including Cameco, Mosaic, Concorde Group of Companies, and Saskatchewan Indian Gaming Authority.

    “We are proud, and very humbled, to have received this recognition,” says Geoff Gay, CEO of Athabasca Basin Development. “As an Aboriginal-owned investment company, we started from humble beginnings and have worked hard over the last twelve years, reinvesting earnings to grow our company. Back in the early days, we never would have imagined we would be where we are today, and we are incredibly honoured to have been chosen as this year’s Business of the Year.”

    “The Business of the Year is awarded to companies that have given back to the community and remained admirable corporate citizens,” says Twila Redekopp, Publisher at SaskBusiness Magazine. “It is a way to show our appreciation to innovative, well respected and benevolent businesses. This year we are happy to recognize ABD for their contribution to the Saskatchewan economy and more importantly, our communities.”

    “Our company was built on the foundation of seven communities uniting together, and without it, we would not be where we are today,” says Gay. “There are so many people who have contributed to our success – industry, our shareholders, management and employees. Without all of you, we would not be where we are today. It is with this continued support and investment from our partners that we will see more success into the future.”

    Business of the Year is featured in the December edition of the magazine.

    Please click here for the official press release. 
    Please click here for a pdf copy of the article.
    Please click here to download the photo.

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    Fall 2014 Newsletter

    September, 18, 2014

    The fall 2014 edition of The Explorer is newsletter now available. Click here to read the latest news and stories about Athabasca Basin Development and its companies.

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    Arctic Beverages Purchased by Three Successful Aboriginal-Owned Organizations

    May, 8, 2014

    Athabasca Basin Development, Prince Albert Development Corp, and Paskwayak Business Development announced today that they have entered into an agreement to purchase Arctic Beverages, a Pepsi franchise company servicing Northern Manitoba, portions of Northern Saskatchewan, Northwestern Ontario and Nunavut.

    The three successful Aboriginal-owned companies have formed a strong governance team with years of management and leadership experience that will work closely with Arctic’s management and employees. Marv Tiller, a former CEO of Northwest Company, has initiated and completed a large portfolio of acquisitions and investments throughout his career, and will bring his expertise as the new Board Chair of Arctic Beverages. Tiller, who oversaw the purchase of Arctic Beverages in the early 90s, is very familiar with the company. “The new ownership is a natural fit and brings a lot to the table for Arctic,” says Tiller. “The collective team’s experience and expertise, capital resources, and strong track records of success will bring renewed strength to the company and will help grow Arctic Beverages to new levels of success.”

    Existing management and employees will continue to operate the business as usual, and in addition to the existing team, a CEO position has been created to lead the company. Sean Post, who previously led Arctic Beverages for eight years, will be returning as Arctic’s CEO. It was during Post’s time that the company expanded its territory to include over 20% of Canada, diversified its product line, and received multiple awards from Pepsi. “I am excited to be returning to Arctic Beverages and working with the excellent team that is in place,” says Post. “Over the years, Arctic Beverages has enjoyed excellent relationships with its customers, as we not only provide them with quality in-demand products, but we also have a unique understanding of the logistics involved in supplying our products to northern locations. The new ownership really understands the market we serve, and is well equipped to work with us to grow this company.”

    “We have enjoyed a successful relationship with Arctic Beverages for many years,” says Richard Glover, President, PepsiCo Beverages Canada. “Arctic Beverages has always held a proud position as Canada’s only First Nations owned Pepsi franchise and we’re very pleased that they’ll continue to build on this rich legacy. We were impressed by the results achieved by these three First Nations investment companies, and we believe that the new ownership and governance of Arctic Beverages will enable the organization to continue serving as a great PepsiCo partner for many years to come.”

    Athabasca Basin Development, an investment company owned by the seven Athabasca communities in Northern Saskatchewan, will be one of the new owners of the company. “Our three groups form a very solid partnership who share a strong commitment to Arctic Beverages’ long term success,” says Geoff Gay, CEO of Athabasca Basin Development. “As owners of numerous successful companies, all three of our organizations’ shareholders have a true understanding of the challenging logistics in Northern Canada. I am confident that the experienced management team and governance structure, along with the collective financial capacity of all three owners, will restore confidence in Arctic’s customers, suppliers and employees, and we look forward to pursuing opportunities to grow this company to its full potential.”

    The acquisition is subject to final approval of the Manitoba Court, which is expected to be received on May 12, 2014.

    Please click here to see the official press release.

    arctic_beverages_logos

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    We’d Like to Thank Terri Daniels for Decades of Dedication to the Athabasca Region

    March, 28, 2014

    Terri-daniels-retirement-ad-thumbAfter nearly 40 years of working for the Athabasca communities and working for Athabasca Basin Development since its inception, Terri Daniels will be retiring from full-time work as of March 31.

    Terri’s involvement with the Athabasca communities started in 1974 when she was elected to the Local Advisory Council and later began working for the Northern Settlement of Wollaston Lake. Over the years, Terri has been on countless committees and sat on numerous boards, including the Athabasca Working Group, the Northern Municipal Trust Account, and the Athabasca Land Use Planning Committee. She is well known for her dedication, perseverance and commitment to the Athabasca region, and she has been recognized with the Queen’s Jubilee Medal and the Saskatchewan Centennial medal for her regional and community work through the years.

    Fortunately, Terri isn’t ready to leave us completely just yet. We are pleased that Terri has accepted and will serve on the Athabasca Basin Development Board of Directors as of April 1, 2014.

    We’d like to wish Terri all the best in her retirement from full time employment, and we look forward to her wisdom, expertise, and dedication as a member of our Board.

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    Spring 2014 Newsletter

    March, 3, 2014

    The spring 2014 edition of The Explorer newsletter now available.  Click here to read the latest news and stories about Athabasca Basin Development and its companies.

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    Saskatchewan Business Magazine Feature

    January, 28, 2014

    Athabasca Basin Development was recently featured in the Saskatchewan Business Magazine.  Click here to read the article.

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    ABD’s Largest-Ever Donation Helps Bring Cellular Service

    November, 1, 2013

    abd-donation

    Athabasca Basin Development has committed $249,000 to help bring cellular service for the first time to the Athabasca communities of Fond Du Lac, Black Lake, Stony Rapids, and Wollaston Lake.

    Athabasca Basin Development will be joining SaskTel and Huawei Canada for the northern cell tower initiative. This partnership is based on SaskTel’s Community Participation Model, which allows communities to raise funds to cover the shortfall when it is not economically feasible for SaskTel to finance a new cellular site alone.

    “This $249,000 represents the single largest corporate donation we have made in our eleven year history,” says Geoff Gay, CEO of Athabasca Basin Development. “Our commitment today gives us an opportunity to do something that will make a real and lasting impact on the Athabasca communities, and we are very pleased to be a partner in this exciting initiative for Saskatchewan’s north.”

    These towers will give the northern Saskatchewan communities connectivity to the rest of the world and province, better access to emergency services and further develop the economic opportunities for the residents of these communities. SaskTel anticipates that the cellular service will be in place by 2015.

    “As both Chief and a member of the Black Lake First Nation, I see this initiative as a significant investment into our community,” says Chief Ricky Robillard, a member on the Athabasca Basin Development Board of Directors. “This initiative will improve not just the business climate in our area, but will also the safety of our residents and help connect our community members to the rest of Saskatchewan. While we still have much work to do to improve conditions in our region, initiatives like these serve as important steps towards building a better future for our children.”

    “I am proud that we, as shareholders in Athabasca Basin Development, have stayed true to our company’s mandate of investing for long-term wealth,” says Anne Robillard, Board Chair of Athabasca Basin Development. “By remaining focused on the future, we now have a company that has grown to be able to partner with others to make a multi-million dollar improvement in our region.”

    SaskTel’s economic analysis for this $5.8 million project covering these four communities, which took into account the overall cost of the tower sites, operating expenses over the first five years, and the anticipated revenues, resulted in a shortfall of $634,000. Athabasca Basin Development provided $249,000 and Huawei contributed $385,000 in funding.

    “I would like thank Ron Styles, CEO of SaskTel, and Huawei Canada President Sean Yang, for their efforts and commitment in getting this vital initiative going, and for giving us this opportunity to join them in this partnership to benefit the region,” says Geoff Gay. “And I would also like to thank the community leaders in the Athabasca region, and each and every person who supports this initiative. Working together, we can make a bigger impact for the Northern people of Saskatchewan.”

    Click here to view the official SaskTel News Release

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    Three ABD Companies Make Top 100 List

    September, 5, 2013

    Top100_logoThree companies that Athabasca Basin Development has ownership in have been ranked on SaskBusiness magazine’s official Top 100 Companies listing in Saskatchewan.  All three companies are newcomers to the special 30th anniversary edition of the magazine.

    The final rankings were revealed at a gala on September 4 in Regina.  Team Drilling ranked at #76, Points Athabasca ranked at #79, and West Wind Aviation ranked at #90.  The complete Top 100 can be seen in the upcoming September edition of the magazine.

    Athabasca Basin Development was also recognized at the gala as a Top 100 Alumni.  In 2012, the company was ranked at #48, making them the highest ranking newcomer to the list.  The 2013 Top 100 Alumni recognizes Saskatchewan-based companies who have made the list in past years who no longer meet the list’s criteria.

    “I am very proud to have three of our ten investments listed among Saskatchewan’s Top 100 companies,” says Geoff Gay, CEO of Athabasca Basin Development.  “As an investment company, we are committed to growing and supporting successful businesses.  To have three of our investments reach such a milestone says a lot about the level of success each of these companies has reached, and proves that our strategy of reinvesting for long term growth is working.  I would like to congratulate the management and staff of Points Athabasca, Team Drilling, and West Wind Aviation for making this year’s Top 100 list.”

    Saskatchewan Business Magazine is home to the original and official Top 100 Companies Listing in Saskatchewan. First published in 1984, the list has seen many changes over the years but it remains the barometer of Saskatchewan’s top performing businesses.  The annual Top 100 list is based primarily on gross sales.

    Click here to view the media release.

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    Flyer Electric Receives COR Certification

    June, 20, 2013

    Flyer Electric is proud to have recently received COR certification for their safety program.

    “Safety has always been the highest priority for us, and we’ve worked closely with the Saskatchewan Construction Safety Association over the years to develop a comprehensive safety program,” says Terry Tessier, CEO of Flyer Electric. “Flyer Electric is known for our attention to delivering a top-quality service, and we’ve put this same focus on our safety program. Receiving COR Certification is recognition for us, our clients, and our employees of our dedication to excellence in safety.”

    Flyer Electric is the newest of Athabasca Basin Development’s holdings to receive COR Certification, joining Athabasca Basin Security, Points Athabasca, and Athabasca Labour Services in receiving COR Certification, with Double Diamond Industrial Structures currently in the process. “We are proud that Flyer Electric has received this recognition for safety,” says Geoff Gay, CEO of Athabasca Basin Development. “Flyer has always had a strong commitment to safety, and having their safety program graduate to COR status really solidifies their program, and enhances the already excellent services they provide for their clients.”

    The national standard for certification in the construction industry is the Certificate of Recognition (COR) program through the Construction Safety Association. The objective of COR certification is to provide companies with the knowledge and tools to develop an effective safety and health management system to reduce incidents and their associated human and financial costs. COR certification is now frequently required as a pre-qualification and/or condition of contract by public and private buyers of construction across Canada. A significant number of industry-leading Saskatchewan companies are COR certified.

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    $100,000 Donation Made in Honour of Edwin Boneleye

    March, 19, 2013

    This winter, Athabasca Basin Development, Team Drilling, West Wind Aviation and Points Athabasca contributed $25,000 each for a total of $100,000 to Saskatoon’s Ronald McDonald House. The donation was named after ABD Board Member Edwin Boneleye, in honour of his current battle with cancer.

    “Our friend and colleague Edwin is fighting a brave battle with cancer right now and his strength and his courage are inspiring,” says Geoff Gay, CEO of Athabasca Basin Development. “We are honoured to make this donation to the Ronald McDonald House Capital Campaign and to have a room built in Edwin Boneleye’s name, to recognize him not only for his contributions to the Athabasca region, but also to honour his strength and courage in the midst of this battle. The Ronald McDonald House provides a way for families to support their loved ones during their own battles and I am proud that we are supporting such a worthwhile charity.”

    “Thank you so much for your generous contribution to the Ronald McDonald House,” says Angela Bergerman, Capital Campaign Associate for the Ronald McDonald House. “This donation will go towards expanding the house so that we can make sure we have the room to provide accommodations for families of sick children travelling to Saskatoon for medical treatment. This donation is truly appreciated by so many families and it is wonderful to be part of such a momentous gift.”

    The Ronald McDonald House provides a “home away from home” for families of sick children travelling to Saskatoon to receive medical treatment. The northern region of the province has been the second biggest user since 1995 with over 1,400 families accessing the facility. The Ronald McDonald House Saskatchewan prides itself on maintaining a warm, comforting, safe atmosphere where families have the opportunity to connect with other families in similar situations. In 2012, the Ronald McDonald House kicked off the “For Every Family” capital campaign, to expand the house to ensure that they are able to accommodate all families whose children need medical treatment. For more information, visit www.rmh.sk.ca

     

     

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    New Logo Announcement

    September, 20, 2012

    We are proud to announce the launch of a new company logo as part of the ongoing evolution of our company’s brand.

    In 2012, Athabasca Basin Development hit some exciting milestones. This year not only marks ten years of operations, but with the recent purchase of Double Diamond Industrial Structures, we now have partial or complete ownership in ten companies. With the success we’ve achieved in the first ten years of operations, we are looking ahead and planning for the next ten years.

    ABD-logo-colour-web-300x135

    It was the perfect time to evaluate our company’s brand and logo to ensure it was in sync with who we are and where we are going. After careful consideration, we chose a new logo that represents our Northern ownership, but with a more modern look that captures the company’s future direction.  The icon graphically depicts the northern lights and is made up of seven lines with each line representing one of the seven communities in the Athabasca region.  We are proud to announce the launch of a new logo as part of the ongoing evolution of our company’s brand.

    The task in the upcoming months will be to update all our collaterals, uniforms, trucks, business cards, etc with the new logo.  We realize that changing a logo is a process that can involve many steps and take some time, so we will finalize it gradually.

    If you have used the Athabasca Basin Development logo in any of your marketing materials, please assist us in updating them.  We appreciate your kind support.  If you have any questions, please don’t hesitate to contact us.

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    ABDLP Purchases 66% Ownership of Double Diamond Industrial Structures

    September, 12, 2012

    Saskatoon, SK.  In its tenth year of operations, Athabasca Basin Development has reached a significant milestone for the company. Today, the Aboriginal-owned investment company announced ownership into its tenth company: Double Diamond Industrial Structures.

    “We are excited to be investing in Double Diamond Industrial Structures,” says Geoff Gay, CEO of Athabasca Basin Development. “This investment is a good fit with our overall portfolio of investments into companies servicing the mining and exploration sector. Double Diamond is a significant supplier to the industry, known for providing high quality modular structures for the mining, oil and gas, and other resource-based industries.

    “With this investment, we have also reached a significant milestone in our company,” says Gay. “In our tenth year of operations, we now have complete or partial ownership in ten companies that are poised for continued growth in Saskatchewan. Our recent consolidated revenues have surpassed $110M annually, and our companies employ nearly 1300 people across the province. We are proud of our history and our track record for growth, and we look forward to a bright and exciting future in the next ten years.”

    Athabasca Basin Development purchased 66% of the company with Prince Albert First Nations Business Development LP, Sturgeon Lake First Nation Developments LP, and Double Diamond senior management owning the remainder. Double Diamond Industrial Structures will continue to manufacture modular structures suitable for all types of industrial camps, remote offices, sleeper units, and dorms.

    Curtis Martin, the former owner of the company, plans to retire from his position as CEO. Barrie Bergsma, formerly from Rosten Bergsma Business Solutions, has been appointed as the new CEO of the company. There will be no additional changes to current operations as a result of this transaction.

    “I am excited to be starting with Double Diamond in this next phase of its history,” says Barrie Bergsma, CEO of Double Diamond. “Athabasca Basin Development is dedicated to supporting strong companies, and this partnership is an excellent fit and will enable us to focus on growth by providing top-notch industrial structures to some of North America’s top companies.”

    Double Diamond Industrial Structures is a Saskatoon based manufacturing facility specializing in the production of high quality modular structures for the mining, oil and gas, and other resource-based Industries. The company provides buildings to some of North America’s largest companies, and strives to supply and install the best modular structures possible that match the needs of its clients.

    Athabasca Basin Development is an Aboriginal investment company owned by the seven far north communities in Saskatchewan. Athabasca Basin Development looks for investments that are sustainable, well-managed and generate value for its shareholders. Investments are focused on the mining and exploration sector, and include partial or complete ownership in construction (Points Athabasca), underground mining (Mudjatik Thyssen Mining), security (Athabasca Basin Security), diamond drilling (Team Drilling), logistics (Points North), electrical (Flyer Electric), road maintenance (Lonona Contracting), air transport (West Wind Aviation), and industrial structures (Double Diamond). Since its formation in 2002, Athabasca Basin Development and its group of companies have grown to employ almost 1300 people and recent consolidated revenues exceeded $110 million.

    Download this press release

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    ABEX Award Finalist

    September, 7, 2012

    We are very pleased to announce that Athabasca Basin Development has been selected as one of the finalists for the 2012 Saskatchewan Chamber of Commerce ABEX Awards, in the category of Growth and Expansion. A press release was issued by the Saskatchewan Chamber of Commerce this afternoon. Click here to read the press release.

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    ABDLP Acquires Ownership in West Wind Aviation

    April, 12, 2012

    Athabasca Basin Development, an entrepreneurial aboriginal–owned investment company, announced today that it has purchased 29.85% of West Wind Aviation.

    “We are excited to be investing in West Wind Aviation. This investment is consistent with our previous transactions in that West Wind is a significant supplier to the resource industry and is leveraged to the continuing growth of Saskatchewan,” says Geoff Gay, CEO of Athabasca Basin Development. “West Wind’s dedicated management and employees are known for providing excellent, award-winning service and for their exemplary safety record, as well as being recognized as one of Canada’s 50 best managed companies. Our group of investments provide a broad range of services to the mining and exploration industry, and our success stems from the strengths of our partnerships. West Wind Aviation is an excellent fit for us, and we look forward to working with Gord Gillespie and his team.”

    West Wind Aviation will continue to provide award-winning customer service, and there will be no changes to current operations as a result of this.

    “This partnership is truly a win-win for all sides,” says Gord Gillespie, CEO of West Wind Aviation. “Athabasca Basin Development has a proven track record investing in companies, and is dedicated to supporting strong companies focused on growth. Athabasca Basin Development is a good fit to help us continue the incredible path of growth that West Wind has experienced since it was established, and we are thrilled to be partnering with such a dynamic and thriving organization.”

    Based in Saskatoon, West Wind Aviation operates a fleet of 23 aircraft and employs over 250 people. The company was established in 1983 to provide corporate air charter service, and its expertise has grown to include air charter, corporate aircraft management, medevac / air ambulance, maintenance, avionics, world-class Aerocentre facilities in Regina and Saskatoon, ground services, fueling, and scheduled flights with its ExpressAir and Pronto Airways divisions.

    Athabasca Basin Development is an aboriginal investment company owned by the seven far north communities in Saskatchewan. Athabasca Basin Development looks for investments that are sustainable, well-managed and generate value for its shareholders. Investments are focused on the mining and exploration sector, and include partial or complete ownership in construction (Points Athabasca), underground mining (Mudjatik Thyssen Mining), security (Athabasca Basin Security), diamond drilling (Team Drilling), logistics (Points North), electrical (Flyer Electric), road maintenance (Lonona Contracting), and air transport (West Wind Aviation). Since its formation in 2002, Athabasca Basin Development and its group of companies have grown to employ over 1000 people and recent consolidated revenues exceeded $75 million.

    Download this press release

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    ABDLP Proud to Support the Cameco-MBC Radiothon for New Children’s Hospital

    December, 1, 2011

    On Friday, November 25, the Missinipi Broadcasting Corporation (MBC) partnered with Cameco Corporation and the Children’s Hospital Foundation of Saskatchewan to host a radio-thon with a goal of raising money for the new Saskatchewan Children’s Hospital. The total amount raised shattered previous MBC radiothon records, with nearly every Northern community and many businesses getting involved to donate a total of $310,000. With Cameco Corporation’s generous matching donation, a grand total of over $625,000 will go towards a new Children’s Hospital to serve all people of Saskatchewan.

    Athabasca Basin Development (ABDLP) and several of its companies, including Points Athabasca, Team Drilling, and Flyer Electric, donated a total of $14,000 to the radiothon.

    “We are proud to have supported Cameco and MBC in their efforts to raise funds for this vital initiative,” says Anne Robilliard, Board Chair for Athabasca Basin Development. “This hospital will benefit all people in Saskatchewan, including our shareholders in the seven communities within the Athabasca region, take care of our most precious resource: our children. I am extremely proud that northern Saskatchewan residents worked together with Cameco and MBC to raise this kind of money for a new Children’s Hospital, and I am honoured that we were able to play a part in it.”

    Athabasca Basin Development is an aboriginal investment company owned by the seven far north communities in Saskatchewan. Athabasca Basin Development looks for investments that will support aboriginal employment opportunities and generate revenue for its shareholders. Investments are focused on the mining and exploration sector, and include partial or complete ownership in construction (Points Athabasca), underground mining (Mudjatik Thyssen Mining), security (Athabasca Basin Security), diamond drilling (Team Drilling), logistics (Points North) and road maintenance (ABDLP Road Services). Since its formation in 2002, Athabasca Basin Development and its group of companies have grown to employ over 1000 people and recent consolidated revenues exceeded $75 million.

    Download this press release (PDF)

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    ABDLP Increases Ownership in Points North Group

    February, 19, 2011

    Wollaston Lake, SK February 9, 2011 Athabasca Basin Development Limited Partnership (ABDLP) would like to announce an increase in the amount of ownership they hold in Points North Group of Companies.

    As of February 1, 2011 ABDLP owns 48.38% of Points North Group, up from 43.11%. “The decision to increase our ownership shows the confidence we have in the long-term prospects at Points North and surrounding area. It also sends the message that we have strong confidence in their management as well”, says Geoff Gay ABDLP CEO.

    As part of its current holdings, Athabasca Basin Development has held ownership in Points North Group of Companies since 2006.

    When asked about the recent change in ownership level, Points North Group President, Mark Eikel replied saying “we are pleased to see ABDLP increase their ownership in our company. They are a very good corporate partner, and their increase in ownership lets us know that they approve of our direction and plans for the future.”

    Current Ownership of Points North Group of Companies:
    Athabasca Basin Development Limited Partnership – 48.38%
    Grab Holdings – 30.32%
    Peter Ballantyne Developments (1999) Ltd – 4.26%
    Prince Albert Development Corporation – 17.02%

    Download this press release (PDF)

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    ABDLP Purchases Flyer Electric

    February, 16, 2011

    Wollaston Lake, SK February 16, 2011 Athabasca Basin Development Limited Partnership has purchased the assets of Flyer Electric Ltd.

    Flyer Electric Ltd. is a Birch Hills based company that provides commercial and industrial electrical services throughout Saskatchewan. With an employee base that exceeds 20 staff, Flyer’s list of clients includes companies from the uranium, potash, and commercial sectors.

    The entity going forward will retain a similar name (Flyer Electric LP), and there will be no changes to its current staff, office location, and management team.

    “Flyer Electric provides good quality service, has dedicated management and employees, and has a long-term proven track record” says ABDLP Chair, Anne Robillard. “With their experience in the north and in the mining sector, we are pleased to have Flyer join our group of companies. Given our broad range of mining and exploration services this is a very good fit for us and we look forward to working with Bob Cockwill and his team” continues Robillard.

    Flyer Electric was started by Bob Cockwill over 30 years ago. As the ownership of his business changes hands, he speaks to the purchase agreement and says, “I feel ABDLP is a good fit to assume ownership and continue the growth path that our team started for Flyer Electric. I am looking forward to managing the company through this transition for the next few years and am confident that employees and customers will only be affected in a good way. Flyer Electric has a very bright future and I am quite pleased how this transaction occurred.”

    ABDLP CEO, Geoff Gay is pleased with the addition of Flyer Electric to its list of holdings and adds, “The importance of this transaction goes beyond the purchase of a very good electrical business. It is no secret there will be a lot of business people retiring in Saskatchewan in the next several years and with this transaction we have shown that ABDLP can be a purchaser provided the right criteria are fulfilled. Bob has done an excellent job of developing a strong management team and core group of employees and that is very important to the long-term success of the company.”

    Download this press release (PDF)

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    Where the Spirit Flies Documentary

    June, 14, 2010

    “Where the Spirit Flies” is an insight into the Athabasca region of Saskatchewan. The video documentary provides an overview of the activities and opportunities taking place within the Athabasca and its seven communities. This 18 minute video was produced by Thomega Entertainment and includes music written and performed by Leonard Adam who also hosts the video as its narrator. Hear the messages from the people of the Athabasca. Listen to what industry has to say about the region. Welcome to the Athabasca….where the spirit flies.

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    ABDLP Featured on Wings Over Canada

    June, 12, 2010

    Two of ABDLP’s holdings (Points Athabasca and Points North Group of Companies) featured in 2009 episode of Wings Over Canada.

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    ABDLP Receives Inaugural Skookum Jim Award

    March, 3, 2008

    Responding to a call for submissions in the Northern Miner, ABDLP applied for an aboriginal Canadian mining and exploration service award to the Prospector’s and Developers Association of Canada (PDAC). This group runs the largest mining show in the world in Toronto with over 25,000 people in attendance. They also have an awards night and for the first time ever were going to give an award to an aboriginal firm. Within two weeks of submission, ABDLP learned it was going to receive the Skookum Jim award on March 3, 2008; 10 years after our initial companies were started. A delegation of shareholders, board members, customers (including CEOs of the world’s largest uranium companies) and managers made the trip to Toronto and received the award in front of over 700 people who attended the PDAC Gala. ABDLP will always be known as the inaugural winner of this award.

    In 1896, an Aboriginal prospector named Skookum Jim Mason is credited with finding the first gold in the Yukon. The discovery that he and his co-discoverers made at Bonanza Creek set off the massive Klondike gold rush, the first of many in Canada. This discovery laid the foundation for later exploration and establishment of mining camps.

    While greater Aboriginal participation is being encouraged, the minerals industry is mindful that Aboriginal people have always been involved in mineral exploration and development. They were the first explorers of minerals in this Country.