Pan American Silver Advances Plan to Extend Life of Timmins Mine in Ontario

Topicus.Com Submits Revised Proposal To Buy Australia-listed ReadyTech

Topicus.com Inc. (TOI.V), a provider of vertical market software, over the weekend and through a subsidiary submitted a revised non-binding indicative proposal to acquire ReadyTech Holdings Limited (ASX: RDY) by way of a scheme of arrangement for cash consideration of A$2.00 per share, or in the alternative, an off-market takeover bid with a 50.1% minimum acceptance condition at a cash consideration of $1.75 per share.According to Topicus.com, the revised proposal constitutes a variation to the original non-binding indicative offer tabled with the ReadyTech board on the evening of Friday, May 29, 2026 (which was only for an off-market takeover at a cash consideration of $1.75 per share with a 50.1% minimum acceptance condition) and responds to feedback received from the ReadyTech Board regarding preferred offer structure and price in talks over the weekend.Under the revised proposal, subject to conditions outlined, the off-market takeover offer is proposed to be made simultaneously with the scheme of arrangement and would be conditional on the scheme not proceeding as a result of the scheme resolution failing to obtain the requisite approval of ReadyTech shareholders, Topicus.com said.The revised proposal offers the optionality to ReadyTech's shareholders for greater individual autonomy in opting to pursue liquidity at a certain valuation, whilst representing a compelling premium, it added.Topicus.coms said the scheme sonsideration of $2.00 per share represents: a 49.3% premium to ReadyTech's closing share price of $1.34 on May 29, 2026, being the last trading day prior to the submission of this Revised Proposal; a 47.5% premium to ReadyTech's one-month VWAP of $1.36; a 58.9% premium to ReadyTech's three-month VWAP of $1.26; and a 57.5% premium to the VWAP of ReadyTech's share price since 26 February, 2026, the date on which ReadyTech released its FY26 half year results.It added the takeover consideration of $1.75 per share represents: a 30.6% premium to ReadyTech's closing share price of $1.34 on May 29, 2026, being the last trading day prior to the submission of the Revised Proposal; a 29.1% premium to ReadyTech's one-month VWAP of $1.36; a 39.0% premium to ReadyTech's three-month VWAP of $1.26; and a 37.9% premium to the VWAP of ReadyTech's share price since 26 February, 2026, the date on which ReadyTech released its FY26 half year results.The company said it would like to progress the revised proposal on a recommended basis to "deliver a superior outcome" for all ReadyTech shareholders, and added it is committed to working with the ReadyTech Board toward that end.It noted the revised proposal is non-binding and is subject to a number of conditions.Shares in TOI were up 1% at $99.73 on the TSX last Friday

Canadian Banc Corp. Announcing TSX Acceptance of Normal Course Issuer Bid; Representing 10% of Public Float

Cameco Increases Stake in Cigar Lake to 57.4%

Cameco (CCO.TO) and Orano will acquire Tepco Resources' 5% iinterest in the Cigar Lake joint venture, the company said on Monday.Cameco will lift its stake by 2.87 percentage points to 57.42%, and Orano's stake will rise from by 2.13 percentage points to 42.58%, a statement said.Cameco will pay $115.75 million to acquire its share of Tepco's interest. The transaction is expected to close in the third quarter of this year.Cigar Lake's reserve and resource base includes proven and probable reserves estimated at 172.4 million pounds of U3O8, measured and indicated resources of 26.3 million pounds, and inferred resources of 20.0 million pounds.Cameco's 2026 production outlook for the Cigar Lake mine is between 17.5 million and 18 million pounds of uranium concentrate (U3O8) on a 100% basis."Cigar Lake is among the world's best uranium mines, producing the highest-grade uranium ore from a safe, reliable, and cost-effective operation," said Cameco's chief executive Tim Gitzel. "Increasing our ownership in this world-class, tier-one asset further demonstrates our commitment to our strategy, with scarce, licensed, permitted assets like Cigar Lake playing an essential role in fueling global ambitions to expand nuclear energy generation."Cameco shares were last seen down US$1.13, to US$111.48, in New York trading.