Sept 5 (Reuters) - Parkland Fuel Corp PKI.TO :
* PARKLAND ACQUIRES TROPIC OIL COMPANY, INC.
* PARKLAND FUEL CORP - ACQUISITION WILL BE FUNDED OUT OF CASH FLOW FROM OPERATIONS AND EXISTING CREDIT FACILITY CAPACITY.
* PARKLAND FUEL CORP - ACQUISITION WAS COMPLETED AT VALUATION METRICS CONSISTENT WITH PRIOR TRANSACTIONS IN US
* PARKLAND FUEL CORP - PARKLAND EXPECTS ANNUAL RUN-RATE ADJUSTED EBITDA OF APPROXIMATELY C$60 MILLION FOR ITS USA SEGMENT