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Mining & Metals2d ago

Earnings Flash (MRC.TO) Morguard Corporation Posts Q2 FFO C$5.01 per Share

$MRC.TO

Mining & Metals2d ago

Earnings Flash (MRC.TO) Morguard Corporation Reports Q2 Revenue C$277.7M

$MRC.TO

Mining & Metals2d ago

Curaleaf Holdings Swings to Second-quarter Profit, Higher Revenue

Curaleaf Holdings (CURA.TO) after trade Wednesday reported its second-quarter net income per share from continuing operations at $0.05, swinging from a loss of $0.24 a year ago.Analysts polled by FactSet expected a loss per share of $0.17.Net revenue for the quarter ended June 30 rose to $340.1 million from $310.6 million a year earlier.Analysts polled by FactSet expected $332.3 million.

$CURA.TO

Mining & Metals2d ago

Doman Building Materials Q2 Net Income Rises 13% on Higher Sales

Doman Building Materials Group (DBM.TO) second-quarter net income increased to C$31.2 million, from C$27.7 million in the same quarter last year, the company said after-trade on Wednesday.Doman did not provide per share amounts.The company said revenue for the quarter ended June 30 increased to a record C$904.5 million, from C$886.7 million in the prior year period. The jump was largely due to higher pricing in certain construction materials categories.Analysts polled by FactSet had expected revenue of C$912.5 million."Our second-quarter results reflect the resilience of our business against a mixed economic backdrop. Financial performance was broadly in line with the same period last year, supported by disciplined execution, operational efficiency and the strength of our diversified platform," said board chair Amar Doman. "While we have seen some improvement in lumber pricing and pockets of firmer demand across certain end markets, broader market conditions remain uncertain, with ongoing variability in housing starts and regional market performance, as well as continued high energy prices and broader inflationary pressures."Doman Building shares closed up C$0.26 to C$11.82 on the Toronto Stock Exchange.

$DBM.TO

Mining & Metals2d ago

Keyera Raises Its Quarterly Dividend by 4.17% From C$0.54 to C$0.5625, or $2.25 Annually. First Higher Payout Will be Made on Sept. 29 to Shareholders of Record on Sept. 15

$KEY.TO

Mining & Metals2d ago

Earnings Flash (CURA.TO) Curaleaf Holdings, Inc. Reports Q2 Revenue $340.1M, vs. FactSet Est of $332.3M

$CURA.TO

Mining & Metals2d ago

Earnings Flash (GFR) Greenfire Resources Ltd. Reports Q2 Revenue C$179.4M

$GFR

Mining & Metals2d ago

BriaCell Gets FDA Approval to Start Phase 1/2a of Prostate Cancer Immunotherapy Study

BriaCell Therapeutics (BCT.TO) said on Wednesday that the US Food and Drug Administration cleared the way for the company to initiate a Phase 1/2a clinical study of its prostate cancer immunotherapy candidate Bria-PROS+.The agency issued a "Study May Proceed" letter after reviewing BriaCell's Investigational New Drug application for Bria-PROS+, a statement said.BriaCell was awarded a $2 million grant from the US National Cancer Institute last year to support the manufacturing and clinical evaluation of Bria-PROS+.BrlaCell shares were last seen up C$0.22 at C$4.93 on the Toronto Stock Exchange.Price: $4.90, Change: $+0.19, Percent Change: +4.03%

$BCT.TO

Mining & Metals2d ago

US Dollar Weakens Against Loonie Amid Reports That Iran, Oman Reach Strait of Hormuz Agreement

The US dollar weakened against the loonie Wednesday afternoon as oil prices extended losses after Iran announced it reached an agreement with Oman on a route for shipping through the Strait of Hormuz, according to reports by Bloomberg and The Guardian.A formal Iran-Oman agreement was reportedly still being drafted.The latest development came after Qatar on Tuesday confirmed reports that a draft agreement to reopen the Strait of Hormuz was being circulated among parties, and US President Donald Trump expressed hopes that a breakthrough could be reached sometime this week.The US dollar edged down 0.4% to C$1.4008 on last look.West Texas Intermediate September futures fell 0.95% to $75.07 per barrel, while US gold futures for December climbed 3.9% to $4,317.40 per ounce.

$CXY$CAD=X

Mining & Metals2d ago

Lode Gold Resources Repays $3.6 Million Debt Secured Against Fremont Gold Mine in California

Lode Gold Resources (LOD.V) repaid the long-term senior debt of $3.6 million (including interest) that was secured against the Fremont Gold Mine property in California, the company said on Wednesday.Lode Gold and its subsidiaries will no longer have any loan obligations, the company said in a news release.Fremont Gold Mining was acquired in 2021 by Lode Gold, which assumed the company's secured debts. The Fremont Gold Project is a past-producing, high-grade underground gold mine.The loan, which had recently been extended to May 1, 2028, included a provision for 50% of the 2% extension fee to be refunded if the loan was repaid by May 1, 2027. Lode Gold noted that it has qualified for the rebate.Lode Gold shares were last seen up C$0.025 at C$0.395, on the TSX Venture Exchange.Price: $0.39, Change: $+0.02, Percent Change: +5.41%

$LOD.V

Mining & Metals2d ago

Brixton Metals Raising C$5 Million Through Private Placement of Units

Brixton Metals (BBB.V) is raising C$5 million through a private placement of 7.58-million units at C$0.66 apiece, the company said on Wednesday.Each unit will consist of one share and one three-year warrant to buy a share for C$0.90.Proceeds will be used to develop the Langis Silver Project and for general working capital purposes.Brixton Metals shares were last seen down C$0.02, or 2.9%, to C$0.66 on the TSX Venture Exchange.Price: $0.66, Change: $-0.02, Percent Change: -2.94%

$BBB.V

Mining & Metals2d ago

Bravada Gold Begins Drill Program at Wind Mountain Gold Project in Nevada

Bravada Gold (BVA.V) began an approximately 2,300-meter drill program at its wholly owned Wind Mountain Gold Project in Nevada, it said Wednesday.The drill program, which consists of two targets and 31 holes ranging from 7 m to 30 m in depth to test historic waste dumps, aims to fully convert them into resources. It also includes 16 holes ranging from 60 m to 210 m in depth, targeting resource expansion at the Wind and Breeze pits, Bravada Gold said in a news release.The company expects drilling to be completed by the end of the third quarter.It also recently completed the staking of 60 new claims west of the deposit, expanding Wind Mountain's land position by nearly 50% and increasing the project to 184 claims from 124 claims. This brings the total area to approximately 1,490 hectares, added Bravada.The company's shares were last seen down C$0.03, or 3.6%, at C$0.80 on the TSX Venture Exchange.Price: $0.80, Change: $-0.03, Percent Change: -3.61%

$BVA.V

Mining & Metals2d ago

EMP Metals Completes Project Aurora Demonstration Plant in Saskatchewan

EMP Metals (EMPS.CN)on Wednesdays said it completed its Project Aurora Demonstration Plant and can begin demonstration lithium-extraction operations in the third quarter.The Aurora facility, within EMP's Viewfield project in Saskatchewan, is connected to both the production well and waste brine disposal well, allowing continuous wellhead brine delivery to the facility process while returning spent brine to the targeted disposal interval, the lithium exploration company said."The demonstration program represents a key step toward commercializing EMP's lithium brine resource in Saskatchewan. Operational data generated throughout the demonstration campaign will support engineering design, process optimization, and economic evaluation for a future modular commercial facility capable of producing more than 3,000 tonnes per year of lithium products," the company said."Completing construction of Project Aurora marks a major milestone for EMP as we transition from building the facility to operating it," said Chief Executive Karl Kottmeier."Having the demonstration plant fully connected directly to both the production well and disposal well allows us to commission the facility under true field operating conditions. Fresh production brine is now flowing through the process as we continue integrating each system, and with commissioning approximately halfway complete, we remain on schedule for Q3 start-up."EMP Metals were last seen up C$0.035 to C$0.52 on the Canadian Securities Exchange.Price: $0.52, Change: $+0.04, Percent Change: +7.22%

$EMPS.CN

Mining & Metals2d ago

Defiance Silver Gets Approval for up to 172 Drill Sites at the Espiritu Copper Target in Mexico

Defiance Silver's (DEF.V) Informe Preventivo for the Espiritu target at its Green Earth Project in Sonora, Mexico, has been approved by Mexico's Secretariat of Environment and Natural Resources, it said Wednesday.The approval provides the company with the environmental authorization needed to conduct exploration drilling under applicable Mexican environmental regulations, said the company. It will allow the company to conduct exploration activities for approximately 60 months, including the construction of up to 172 drill platforms and related access roads, Defiance Silver added."We look forward to commencing the work program and building on the momentum we have established across our projects," said Chief Executive Officer Chris Wright.The company's shares were last seen up C$0.01, or 6.1%, to C$0.175 on the TSX Venture Exchange.Price: $0.18, Change: $+0.01, Percent Change: +6.06%

$DEF.V

Mining & Metals2d ago

Goodfood Market Files For Creditor Protection

Goodfood Market (FOOD.TO) said Wednesday it filed for creditor protection under the under the Companies' Creditors Arrangement Act (CCAA) with the Quebec Superior Court.The company has been implementing a turnaround plan to streamline operations, cut costs and refocus on its core meal-solutions business, however, "significant" near-term liquidity constraints, including upcoming debt maturities and scheduled interest payments remain, a statement said.Goodfood will continue serving customers while the restructuring proceeds continues."We have made important progress in strengthening our business, but our near-term liquidity pressures require a more comprehensive solution," said Donald Olds, lead independent director. "The CCAA process will give us the time and flexibility to pursue our restructuring and continue implementing our turnaround plan."Goodfood appointed Najib Maalouf as chief executive officer on Tuesday after Selim Bassoul resigned.It announced that it was reviewing its strategic alternatives at the end of July.Goodfood shares last traded on Aug. 4, closing at C$0.03 per share.

$FOOD.TO

Mining & Metals2d ago

Goldsky Resources Launches Metallurgical Work Program on Barsele Project in Sweden

Goldsky Resources (GSKR.V) said Wednesday it launched a 16-week metallurgical test work program on composite samples extracted from its Barsele Gold Project in Sweden.The metallurgical samples, which have been dispatched to the United Kingdom for analysis, will be used for input into the preliminary economic assessment, a statement said.Goldsky Resources shares were last seen up C$0.12, or 3.6%. to C$3.41 on the TSX Venture Exchange.Price: $3.41, Change: $+0.12, Percent Change: +3.65%

$GSKR.V

Mining & Metals2d ago

Britannia Life Sciences to Start a Normal Course Issuer Bid

Britannia Life Sciences (BLAB.CN) will begin a normal course issuer bid to buy back and cancel up to around 8.1 million of its shares, representing 5% of its outstanding shares, it said Wednesday.The buyback will begin on Aug.10 and run for 12 months, added the company.The company's shares were last seen unchanged at C$0.07 on the Canadian Securities Exchange.

$BLAB.CN

Mining & Metals2d ago

MDA Space Closes C$600 Million Notes Offering

MDA Space (MDA.TO) raised C$600 million in a private placement offering of 6.5% senior unsecured notes due 2033, the company said Wednesday.Proceeds will be used to fund the cash acquisition of Blue Canyon Technologies, which has an enterprise value of C$874 million. The acquisition is expected to close by the end of 2026, a statement said.MDA Space shares were last seen down C$0.03, to C$48.07, on the Toronto Stock Exchange.

$MDA.TO

Mining & Metals2d ago

S&P/TSX Composite Index Jumps 518 Points Late Morning to Another Record High

The S&P/TSX Composite Index, which closed at a record high Tuesday, has climbed another 518 points to hit another record late Wednesday morning, with most sectors higher.The best performers are information technology (+3.9%) and base metals (+3%).Shopify (SHOP.TO) jumped 17% in late-morning trade, to hit a six-month high of C$202.80, after it reported a second-quarter revenue beat early Wednesday.The energy sector is down 2.3%, tracking price declines in both West Texas Intermediate and brent crude as hopes inch higher that the US and Iran may be closing in on an agreement involving the reopening of the Strait of Hormuz.Industrials was the second largest decliner, which at last look was down 1.1%.

S&P/TSX CompositeS&P/TSX Composite$SHOP.TO

Mining & Metals2d ago

Amex Gold Mining Completes Portal Blasting Activities at Perron Site; Shares up Nearly 8%

Amex Gold Mining (AMX.V) completed all drill and blast activities needed for the construction of the bulk sample portal at its Perron development site in northwestern Quebec, it said Wednesday.The company said it expects the completed portal to provide underground access required for its planned 40,000 tonne bulk sample program.The portal contractor has begun excavation of the blasted material, following the completion of the portal blasting activities, Amex Gold added.Underground ramp development is expected to begin once ground support installation for the portal is completed, the company said."We look forward to commencing ramp development in the near term as we continue to safely and responsibly advance the Perron Project toward bulk sample extraction," said Chief Executive Officer Victor Cantore.The company's shares were last seen up C$0.31, or 7.8%, at C$4.31 on the TSX Venture Exchange.Price: $4.31, Change: $+0.31, Percent Change: +7.75%

$AMX.V

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