Badger Daylighting Ltd. is a publicly traded Canadian environmental services company, specializing in soil excavation.

[1][2][3][4][5][6] It claims to be North America's largest provider of non-destructive excavation services.

On May 2, 2018, Badger issued a press release indicating that it had received written confirmation from the Alberta Securities Commission (the “ASC”) that it has concluded its investigation into allegations by short sellers, writing: Staff of the ASC is closing its investigation into allegations by short sellers of accounting and disclosure related breaches of Alberta securities laws by Badger Daylighting Ltd. ... Pursuant to section 45 of the Securities Act, the Executive Director of the ASC has authorized Badger to divulge that an investigation was conducted and concluded with no enforcement action taken.”.

[11] Following this announcement, some significant improvement in profitability, the indication that the board had turned down an offer to sell the company[12] and the implementation of a stock buyback program, the share price rebounded near 50 $ in the summer of 2019.

[8] It serves customers in various industries, including the oil and gas, utility, and telecommunication sectors.