Aecon awarded mining project for Fort Hills oil sands project

 EDMONTON, June 23, 2014 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today  that it has been awarded a mining contract with an estimated value of $123  million by Fort Hills Energy L.P. for mining site development at the Fort  Hills oil sands project in Alberta.  Work will commence later this month, and is expected to be complete in the  second quarter of 2016.  "We are very pleased to work with Fort Hills and its Operator, Suncor Energy  Operating Inc.  Suncor is a long-time, valued client," said Teri McKibbon,  Aecon's President & Chief Executive Officer.  "Aecon has recently announced  three key mining contracts - a solid foundation of backlog for the Mining  segment as we enter the second half of the year, and further utilization of  our mining fleet of equipment."  Aecon Group Inc. is a Canadian leader in construction and infrastructure  development providing integrated turnkey services to private and public sector  clients. Aecon is pleased to be consistently recognized as one of the Best  Employers in Canada.  The information in this press release includes certain forward-looking  statements. These "forward-looking" statements are based on currently  available competitive, financial and economic data and operating plans but are  subject to risks and uncertainties.  In addition to events beyond Aecon's  control, there are factors which could cause actual or future results,  performance or achievements to differ materially from those expressed or  inferred herein including, but not limited to: the timing of projects,  unanticipated costs and expenses, general market and industry conditions and  operational and reputational risks, including Large Project Risk and  Contractual Factors. Readers are referred to the specific risk factors  relating to and affecting Aecon's business and operations as filed by Aecon  pursuant to applicable securities laws.  Forward-looking statements may  include, without limitation, statements regarding the operations, business,  performance, prospects, strategies and outlook for Aecon.  Forward-looking  statements, may in some cases be identified by words such as "will," "plans,"  "believes," "expects," "anticipates," "estimates," "projects," "intends,"  "should" or the negative of these terms, or similar expressions.  Except as  required by applicable securities laws, forward-looking statements speak only  as of the date on which they are made and Aecon undertakes no obligation to  publicly update or revise any forward-looking statement, whether as a result  of new information, future events or otherwise.    SOURCE  Aecon Group Inc.  Vince Borg, Senior Vice President, Corporate Affairs, Aecon Group Inc.,  416-297-2615, vborg@aecon.com, www.aecon.com  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/June2014/23/c2462.html  CO: Aecon Group Inc. ST: Ontario NI: CST ORDER  
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