Stardust Solar Energy (SUN.V) secured final approval from Zambia's Ministry of Energy for the company's 30-megawatt solar photovoltaic project in the Kalulushi district, part of Copperbelt province.
Stardust is now focused on mobilizing construction and securing partners for project financing, the renewable energy company said Tuesday.
The ministry also executed an implementation agreement, which established the legal framework for the development and operation of the project, the company said.
Calian Group (CGY.TO) after the close on Monday said it completed the acquisition of Galaxy Broadband Communications, a provider of satellite communications and remote connectivity solutions.On June 26, Calian announced a definitive agreement to acquire Galaxy Broadband from Crown Capital Partners. The acquisition was completed on the terms previously announced, including upfront consideration of approximately C$24 million, and an additional earnout consideration of C$27.5 million, Calian said.
Theralase Technologies (TLT.V) after trade Monday said it closed a C$3.6-million private placement, issuing 14.8-million units at C$0.24 each.Each unit includes a share and one warrant and a warrant expiring in May, 2031 with each warrant to buy another share for C$0.32.The company plans to use the funds to complete safety studies for its cancer treatment Rutherrin and its cold sore treatment Ruvidar, as well as for working capital and general corporate purposes, it said.The warrants are set to begin trading on the TSX Venture Exchange around Aug. 27, subject to final approval, according to the statement.
Badger Infrastructure Solutions (BDGI.TO) after trade Monday said the Toronto Stock Exchange accepted its notice to conduct a share buyback program.The company may buy back up to 2.96-million shares from Aug. 27, for one year.Under its current normal course issuer bid, which expires tomorrow, Badger purchased 65,162 shares out of an allowed 2.91-million sharesBadger shares closed down C$0.91 to C$83.67 on the Toronto Stock Exchange.