Macro Enterprises Inc. (TSX VENTURE:MCR) ("Macro") is pleased to announce its
wholly-owned subsidiaries have completed the acquisition of the business owned
and operated by North American Pipeline Inc. and North American Fleet Company
Ltd. of constructing, installing, maintaining, testing and repairing pipelines
and facilities in the oil and gas industry throughout Western Canada together
with certain assets used in carrying on the business including pipeline
construction machinery and equipment. The acquisition includes an assignment of
a master services agreement with a major pipeline company to test and maintain
certain aspects of its pipeline network. The purchase price of $16,250,000 was
paid in full in cash on closing of the transaction. Filing for TSX Venture
Exchange final acceptance of the transaction has been made.


Macro's core business is providing pipeline and facilities construction and
maintenance services to major companies in the oil and gas industry in
northeastern BC and northwestern Alberta. The Company's corporate office is in
Calgary, Alberta. Its shares are listed on the TSXV under the symbol MCR.
Information on the Company's principal operating unit, Macro Industries Inc.,
can be found at www.macroindustries.ca.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Macro Enterprises Inc.
Frank Miles
President and C.E.O.
(250) 785-0033


Macro Enterprises Inc.
T. Jerrold Jackson
C.F.O.
(403) 705-7302
www.macroindustries.ca

Macro Enterprises (TSXV:MCR)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024 Plus de graphiques de la Bourse Macro Enterprises
Macro Enterprises (TSXV:MCR)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse Macro Enterprises