Rio2 (RIO.TO) said Monday that will be added to the MVIS Global Junior Gold Miners Index, from Sept. 18.
The index benchmarks the VanEck Junior Gold Miners ETF, which tracks small-cap gold and silver mining companies, a statement said.
The inclusion is expected to improve Rio2's trading liquidity and increase exposure to global capital markets, the company said.
Rio2 shares were last seen down CA$0.05 at CA$3.54 on the Toronto Stock Exchange.
Journey Energy (JOY.TO) on Friday said it closed the acquisition of a private company for CA$8.0 million, subject to customary closing adjustments.The acquired company's primary asset is a 0.98% working interest in the Keyera Rimbey natural gas processing facility and related infrastructure.Journey said the asset generates about CA$0.7 million in annual third-party processing revenue and is also expected to reduce operating costs for processing gas production from its Duvernay Joint Venture.The company expects the acquisition to pay out within two to three years based on forecast revenue and operating cost savings.Journey's shares closed up CA$0.13 to CA$6.13 on the Toronto Stock Exchange on Friday.
Restaurant Brands International (QSR.TO, QSR) on Friday said it intends to renew its normal course issuer bid (NCIB).The restaurant franchisor and owner , whose brands include Burger Kind and Tim Hortons, may buy back up to 34.4-million shares for one year beginning Sept. 16.Under its previous NCIB which ends of Sept. 15, Restaurant Brands bought back 2.9-million shares of an allowed 32.3-million.Restaurant Brands shares closed up CA$0.98, to CA$106.75, on the Toronto Stock Exchange.
Canagold Resources (CCM.TO) said Friday that its New Polaris Gold-Antimony Project in British Columbia has been included in the Canada Investment Summit Prospectus.The inclusion reflects New Polaris as a project of "strategic importance and investment potential", a statement said. A feasibility study on the project was completed last year, Canagold said.Canagold submitted an environmental assessment application for New Polaris in April. New Polaris has been designated a Priority Project by the BC government.The Canada Investment Summit takes place on Sept. 14 to 15 in Toronto, Ontario. It is being convened by Prime Minister Mark Carney.Canagold shares closed up CA$0.03 at CA$0.70 on the Toronto Stock Exchange.