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Beyond Oil Gets System-Wide Approval Across Hundreds of US Locations of Renowned American Fast-Food Chain

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Beyond Oil (BOIL.CN) received approval from a "renowned" American fast-food chain for system-wide use across its hundreds of franchise partner locations throughout the United States, following the initial commercial rollout that started earlier this year, it said in a statement on Thursday.

No other financial terms were given. The company said the restaurant chain plans to support broader adoption across its US franchise system through its internal best practices, standard operating guidelines and operations training teams.

Beyond Oil will also be invited to participate in the brand's franchise events and conferences, it added.

Shares of the company closed up 2.4% to CA$1.72 on Wednesday on the Toronto Stock Exchange.

What else is happening in Mining & Metals?

Mining & Metals

ATEX Resources Reports Key Findings From Valeriano Drill Program in Chile

ATEX Resources (ATX.TO) after trade Wednesday announced key findings from its Phase VI drill program at the Valeriano Copper-Gold Project in Chile's Atacama Region.The company said Phase VI was its largest drilling campaign at Valeriano, with about 28,400 meters of drilling completed. This exceeded the original 25,000-meter target and was more than 70% higher than Phase V.Highlights included 40 meters grading 4.83% copper equivalent (CuEq) within an 86-meter interval grading 3.84% CuEq in hole ATXD25C. Additionally 78 meters grading 3.03% CuEq in ATXD23C, 186 meters grading 2.15% CuEq in ATXD26B, and 56 meters grading 2.36% CuEq in ATXD32, the company said."Following record snowfall in the Atacama region, Phase VII drilling is expected to commence in early October targeting a growing pipeline of B2B and high-grade porphyry targets, as well as broader system opportunities ahead of an updated Mineral Resource Estimate in 2H 2027," the company added.

$ATX.TO
Mining & Metals

West Fraser Announces Term Loan Refinancing and Declares Dividend

West Fraser Timber (WFG.TO, WFG) said Wednesday it entered into a new $500 million three-year term loan, with part of the proceeds to be used to repay its existing $300 million term loan due in 2028.The new term loan matures in September 2029.West Fraser said its $1 billion syndicated credit facility remains outstanding on existing terms and matures in May 2030.The company has also declared a quarterly dividend of $0.32 per share, payable on Oct. 19 to shareholders of record on Sept. 29.Shares of the company dropped $0.07 to $72.75 in after-hours US trading after closing up CA$2.19 to CA$101.90 on the Toronto Stock Exchange.

$WFG$WFG.TO
Mining & Metals

Precision Drilling Renews Share Buyback Program

Precision Drilling (PD.TO) said Wednesday after trade it received Toronto Stock Exchange approval to renew its normal course issuer bid.The company can buy back and cancel up to 1.23 million shares in the 12 months beginning on Sept.21.Under its previous NCIB, which terminates on Sept. 18, Precision bought back 668,674 shares from the approved 1.25 million shares at a weighted average price of CA$102.54.Precision Drilling shares closed down CA$3.94, to CA$120.45, on the Toronto Stock Exchange.

$PD.TO