Coyote Copper Mines (CCMM.V) on Monday said it is upsizing a non-brokered financing to $7 million from $5 million.
The company will now place up to 28-million units priced at at $0.25 apiece and made up of a share and one half of a three-year warrant to buy a share for $0.25 .
Proceeds will be used for exploration and general corporate needs.
Shares of the company were last seen down $0.01 to $0.23 on the TSX Venture Exchange.
Price: $0.23, Change: $-0.01, Percent Change: -4.17%
BCE (BCE.TO) provided an "encouraging", and "credible", update on its AI strategy, that involves Bell AI Fabric, its AI infrastructure business and the largest unit within BCE's AI Powered Initiatives, writes BMO Capital Market's Tim Casey.Casey, who is maintaining an outperform rating and $37.00 price target on the shares of the company, said BCE's AI Powered Initiatives is the telco's fastest growing unit, representing an estimated 3% of revenues in 2026 but is expected to contribute 8% of revenues in 2028."We expect more positive announcements from BCE, notably government sovereign AI projects."Price: $34.04, Change: $+0.05, Percent Change: +0.15%
CIBC Capital Markets reduced its price target on the shares of Lightspeed Commerce (LSPD.TO) to C$25.00 from C$30.00 after the company reported its fourth-quarter results on May 21.CIBC has an outperformer rating on the shares of the company.Lightspeed's fourth quarter was "largely in line, but softer Q1/F2027 guidance pressured the shares", stated CIBC."The more important takeaway, in our view, is that the medium-term setup improved: F2028 gross profit, EBITDA margin, and free cash flow targets moved above Street expectations, the portfolio is cleaner post-Upserve, and growth engines now account for 75% of revenue with a path to 80% by the end of F2027," said CIBC.Net location adds also accelerated in Q4, supported by outbound sales expansion, while AI and agentic tools add longer-term upside to mix, monetization, and differentiation, noted CIBC.CIBC continues to see "attractive risk/reward", but the turnaround still needs to be proven through execution, it added.According to CIBC, the shares continue to discount limited progress despite improving fundamentals across growth, operating discipline, and cash generation."Our revised C$25 price target is based on ~2x F2027E sales," added CIBC. "With the stock trading at 0.5x EV/C2027E sales versus primary peers at 1.5x (at the median) and the BVP Cloud Index at 3.3x, we see meaningful scope for a multi-quarter re-rating as execution improves."Management is positioning FY27 as an "execution year," with the near-term playbook centered on expanding customer locations, accelerating higher-quality software revenue, and maintaining disciplined adjusted EBITDA, stated CIBC.CIBC sees these levers as "actionable and measurable" quarter-to-quarter, driven primarily by the expanded go-to-market team and product investment rather than by a change in end-market conditions.Price: $12.29, Change: $+0.45, Percent Change: +3.80%
Gensource Potash (GSP.V) on Monday said it will issue 9.9-million shares priced at $0.15 apiece to settle $1.5 million of unsecured, non-interest-bearing promissory notes owing to creditors.The shares will be issued on a private placement basis and will be subject to a four-month hold period. The closing of the shares for debt transaction remains subject to the approval of the TSX Venture Exchange.Shares of the company were last seen unchanged at $0.15 on the TSX Venture Exchange.