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.

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Mining & Metals1d ago

RFA Financial Maintains Quarterly Dividend at CA$0.33 Per Share

RFA Financial (RFA.TO) declared a quarterly dividend at CA$0.33 per share for the quarter ending Sept. 30, the company said Tuesday afternoon.The dividend is payable on Oct. 15, to shareholders of record on Sept. 30.RFA Financial shares closed down CA$0.09 at CA$26.28 on the Toronto Stock Exchange.

$RFA.TO

Mining & Metals1d ago

Goldquest Mining Appoints Dennis Kwong as CFO

GoldQuest Mining (GQC.V) said Tuesday it appointed Dennis Kwong as chief financial officer, effective Sept. 15.Kwong has experience in mining finance, capital markets, mergers and acquisitions, project financing and corporate development.

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Mining & Metals1d ago

Avalon Advanced Materials' Nechalacho Project Included in Canada Investment Summit Prospectus

Avalon Advanced Materials (AVL.TO) said Tuesday its Nechalacho Rare Earths Project in the Northwest Territories was selected for inclusion in the Canada Investment Summit Prospectus.The project will also be showcased by the Government of the Northwest Territories as a strategic critical-minerals development opportunityThe company said the project has been explored in the past "including a historical 2013 Definitive Feasibility Study, extensive drilling and supporting technical studies". It is preparing a Preliminary Economic Assessment for the property.The summit's prospectus features 167 investment opportunities across Canada, including 63 projects in the minerals and metals sector.

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