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Canam Group completes refinancing program for US$80 million

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Canam Group Inc.

On October 2, 2006, Canam Group Inc. completed its refinancing program by entering into a 3 year $80 million revolving syndicated credit facility. National Bank Financial acted as Sole Lead Arranger for a banking syndicate. As part of its refinancing program, Canam Group Inc. also entered into a 10 year $47,685,000 term credit facility with GE Canada Equipment Financing G.P. Canam Group Inc. is a leading industrial company specialized in the design and fabrication of construction products and solutions in the commercial, industrial and residential markets. Its areas of expertise include designing, manufacturing and distributing steel bridges, steel joist, steel beams and high-performance building systems as well as providing consulting services in such areas of expertise. Canam Group Inc. was represented by in-house counsel Louis Guertin who was assisted by Fasken Martineau with a team comprised of Marc Novello, Martin Racicot and Andrew Klug in Montréal, Thomas Meagher in Toronto, and Olivia Colic and Linda Huynh in Calgary.