12:03 PM EST - AltaGas Ltd. : Announced today that a sublease and related agreements have been signed with Ridley Terminals Inc. to develop, build, own and operate the proposed Ridley Island Propane Export Terminal, to be located on Ridley Island near Prince Rupert, British Columbia on a portion of lands leased by Ridley Terminals from the Prince Rupert Port Authority. The agreements are an important first step for beginning the regulatory and engagement phases of the project. AltaGas Ltd.
shares T.ALA are trading down $0.75 at $28.00.
