What does CWB stand for?

The sole subscriber for the Private Placement Offering will be Canadian Western Bank.

Earlier this week, the company reported that it reached an agreement with Canadian Western Bank where a demand for repayment of Canadian Superior's $37.

AFG600) LARRY POLLOCK - CANADIAN WESTERN BANK (CWB:TSX).

Key Topics Covered: Executive Summary Overview Of Canada's Commercial Banking Sector SWOT Analysis Commercial Banking Business Environment Rating Economic Analysis - Global Banking Sector Outlook Macroeconomic Activity List Of Banks Methodology Companies Mentioned: * Royal Bank Of Canada, * The Toronto-Dominion Bank, * Bank Of Montreal, * The Bank Of Nova Scotia, * Canadian Imperial Bank of Commerce, * Canadian Western Bank, * Laurentian Bank of Canada For more information visit http://www.

TSX:SNG), a troubled Calgary-based energy company with operations in Canada and internationally, says it has received a demand letter from Canadian Western Bank (TSX:CWB) to repay all outstanding debt on a $45 million credit line with the bank by Feb.

TAP630) TRACEY BALL - CANADIAN WESTERN BANK (CWB:TSE).

It is also our understanding that several Directors refused to approve the agreement, and that the Company's CFO, Robert Thompson, had significant misgivings about the transaction, including its potential impact on Canadian Superior's demand credit facility with Canadian Western Bank (the "Demand Credit Facility").

Byline: shiv03 Canadian Western Bank today announced that it has entered into an agreement with a group of underwriters led by Genuity Capital Markets to issue 2,600,000 Preferred Units (the "Public Offering Preferred Units") on a bought deal basis for total proceeds of $65 million.