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Artemis Gold Agrees to Buy Vista Gold In $427 Million Deal

Artemis Gold (ARTG.V) agreed to buy all of the issued and outstanding shares of Vista Gold (VGZ.TO, VGZ), pursuant to a court-approved transaction, for $427 million, it said in a statement on Monday.Artemis currently holds 4.95% of the shares outstanding of Vista Gold, which owns the Mt. Todd gold project in Australia. Vista Gold shareholders will receive 0.0966 common shares of Artemis Gold for each Vista Gold common share, Artemis Gold said.The consideration is payable in Artemis Gold common shares, with the company adding that no cash consideration is payable and no new debt is being incurred.Artemis Gold and Vista Gold shareholders will own about 95% and 5% of the pro forma company, respectively, after the completion of the deal.The deal is expected to be completed in January 2027 if it receives approval from Vista Gold shareholders and the court, and other conditions are satisfied.Shares of Artemis Gold were last seen down 5.7% at CA$38.65 on the TSX Venture Exchange. Vista Gold shares were last seen up 15% at CA$3.68 on the Toronto Stock Exchange.Price: $38.71, Change: $-2.29, Percent Change: -5.59%

$ARTG.V$VGZ.TO

Traction Uranium Plans to Proceed With a Fall 2026 Diamond Drill Program at the Aurora Uranium Project

Traction Uranium (TRAC.CN) is planning to proceed with a fall 2026 diamond drill program at the Aurora Uranium Project in Saskatchewan's Athabasca Basin region, the company said on Monday.Traction has an option to acquire up to an 80% interest in Aurora, which is owned and operated by Cosa Resources Corp (COSA.V), subject to satisfying certain earn-in requirements, said the company.The planned program will be operated by Cosa and funded by Traction under the option agreement, said Traction.The company expects the proposed program to test priority conductive targets identified through interpretation of Cosa's 2024 VTEM survey, it said."With the airborne survey complete, we are preparing to move Aurora into drill testing," said Traction's Chief Executive Officer Jared Suchan. "The VTEM conductors, ranked against the new radiometric and magnetic data, give us a clear set of priority targets for this program."Traction Uranium shares were last seen unchanged at CA$0.95 on the Canadian Securities Exchange, while Cosa Resources shares were last seen down CA$0.04 or 7.1% to CA$0.52 on the TSX Venture Exchange.

$COSA.V$TRAC.CN

S&P/TSX CompositeS&P/TSX Composite$ARTG.V$VGZ.TO

S&P/TSX Composite Index Edges Higher As Shares in Information Technology, Financials Rise

The S&P/TSX Composite Index was last seen up 20 points in choppy trade mid-morning Monday, buoyed by rising shares in the information technology and financial sectors.Technology stocks were the strongest performer, jumping 1.2%, followed by financials, which was 1% higher on last look.The energy sector was the weakest performer, shedding 2% as oil prices tumbled Monday morning.In stocks, Vista Gold (VGZ.TO) jumped 15.3% to CA$3.69 per share, after the company said it was being acquired by Artemis Gold (ARTG.V) in an all-shares transaction that valued the company at $427 million.In other news, Canada's Parliament resumes Monday, with several media outlets noting that the government is expected to introduce an economic bill.

King Copper Expands Colquemayo Project in Peru

King Copper Discovery (KCP.V) subsidiary Aurora Copper Peru has added through staking eight additional concessions to expand its Colquemayo copper project in Peru.The acquisition increased King Copper's land position to 13,770 hectares from 6,600 hectares previously, the company said Monday.The additional concessions include historic data showing geochemistry anomalies for gold, copper and molybdenum, according to King Copper."Securing additional mineral concessions surrounding the core project area was the natural next step that strengthens our position across the district, enhancing the long-term opportunity at Colquemayo," Chief Executive Officer Jonathan Richards said.Price: $0.72, Change: $-0.01, Percent Change: -1.37%

$KCP.V

Canada Commodities: Oil And Gold Prices Fall on Middle East Diplomacy Hopes

Oil prices fell Monday morning on hopes that a diplomatic solution in the Middle East could be achieved, after US President Donald Trump told Fox News that he would "probably" be open to speaking with Iranian President Iranian Masoud Pezeshkian.Pezeshkian will lead an Iranian delegation at the United Nations General Assembly in New York this week.The the UK Maritime Trade Operations reported Monday an oil tanker transiting through the Strait of Hormuz was struck by an "unknown" projectile.West Texas Intermediate October crude oil futures, the US benchmark, fell 3.4% to $96.82 per barrel. November Brent oil futures, the international benchmark, slipped 2.9% to $100.85 a barrel.Comex gold December futures edged down 0.8% to $4,391.20 per ounces.In agricultural commodities, December wheat futures rose 1.4% to $7.24 per bushel, while canola futures for November inched up 1.3% to CA$833.20 per tonne.

$CXY

DRI Healthcare Trust Buys Tavapadon Royalty for $316 Million

DRI Healthcare Trust (DHT-UN.TO, DHT-U.TO) agreed to buy certain royalty participation rights in US net sales of tavapadon, an investigational Parkinson's disease drug candidate, from funds managed by Bain Capital and NovaQuest Capital Management, it said in a statement on Monday.The company will pay $316 million at closing, subject to the US Food and Drug Administration (FDA) approval of tavapadon and the satisfaction of other customary closing conditions, it said. It expects FDA approval in the third quarter of 2026.DRI Healthcare will be entitled to receive tiered royalty payments on annual US net sales of tavapadon, at combined tiered, mid-single digit to low-double digit royalty rates following closing, it said. The company will also be entitled to receive certain sales milestone payments upon first reaching certain cumulative US net sales thresholds and four annual fixed payments of $23.4 million on the first four anniversaries of FDA approval of Tavapadon.Price: $17.20, Change: $-0.06, Percent Change: -0.35%

$DHT-U.TO$DHT-UN.TO

Latin Metals Options Organullo Gold Project in Argentina

Latin Metals (LMS.V) on Monday said it agreed to grant Aumin Argentina an option to acquire the Organullo gold project in Argentina.The company will receive $4 million over six years under the agreement with Aumin committing to 40,000 meters of exploration drilling over the period. Latin Metals will also maintain a 2% net smelter royalty on the project.Under the terms, Latin Metals may receive potential aggregate cash consideration of between $24 million and $40 million, depending on whether Aumin accelerates the option and royalty buyback, Latin Metals said Monday.The company's shares closed unchanged at CA$0.22 Friday on the TSX Venture Exchange..

$LMS.V

Adyton Resources to Begin Trading on the Papua New Guinea National Stock Exchange

Adyton Resources' (ADY.V) shares will start trading on the Papua New Guinea National Stock Exchange on Sept. 23 under the trading code ADY, it said Monday.This follows the company's admission to the Official List of PNGX Markets Limited on Sept. 17, said the company.The company has been admitted to PNGX as an "Exempt Issuer" and its trading on PNGX will occur through PETS Depository Interests, added Adyton.The company's shares were last seen up CA$0.01 or 3.2% to CA$0.32 on the TSX Venture Exchange.Price: $0.32, Change: $+0.01, Percent Change: +3.23%

$ADY.V

AtkinsRealis, Aecon Joint Venture Secures CA$1.7 Billion Contract with Ontario Power Generation

Candu Energy, a joint venture between AtkinsRealis Group (ATRL.TO) and Aecon Group (ARE.TO), signed a three-year contract worth CA$1.7 billions with Ontario Power Generation for the refurbishment of unit five of the Pickering nuclear generating station.The work is associated with the retube, feeder and boiler replacement project at the site, AtkinsRealis said Monday.The company said it expects work to be extended to units six, seven and eight once it receives regulatory approval. Ontario Power Generation said it expects the cost of refurbishing the four reactors to total CA$26.8 billion.The project is part of a plan to extend the life of Pickering's Candu reactors for over 30 years.AtkinsRealis said it will add its share of the contract to its nuclear backlog in the third quarter.

$ARE.TO$ATRL.TO

Cordoba Minerals CFO Peter Portka Steps Down; Michael Waldkirch Appointed Interim CFO

Cordoba Minerals (CDB.V) on Monday said Peter Portka stepped down as its chief financial officer and vice president, corporate development, to pursue other opportunities and Michael Waldkirch was appointed as its interim CFO, effective Monday.Waldkirch currently is the CFO at Barksdale Resources Corp (BRO.V) and a director of Saga Metals Corp (SAGA.V) and US Gold the company said..

$BRO.V$CDB.V$SAGA.V

CAE USA Wins $300 Million US Air Force C-130H Aircrew Training Contract

CAE's (CAE.TO, CAE) CAE USA was awarded a $300 million competitive recompete contract by the United States Air Force (USAF) to continue delivering mission-critical C-130H aircrew training services, it said in a statement on Monday.The company will provide comprehensive training and sustainment services to support the C-130H ATS. Services will include program management, instruction, maintenance and logistics support, cybersecurity solutions, and ongoing upgrades and enhancements.The company will deliver these services to the US Air Force Reserve and Air National Guard at Little Rock Air Force Base, Arkansas, as well as at four additional locations across the continental United States, including Dobbins Air Reserve Base in Georgia, Wyoming Air National Guard Base in Wyoming, Minneapolis Air National Guard Base in Minnesota, and St. Joseph Air National Guard Base in Missouri, it said.US-listed shares of the company were last seen up 1.4% at $23.9 in pred-market trading.

$CAE.TO

Osisko Critical Minerals Upsizes Private Placement to CA$250 Million from CA$100 Million

Osisko Metals (OM.TO) subsidiary Osisko Critical Minerals upsized its previously announced private placement of special warrants to 250 million Canadian dollars from CA$100 million.The upsized offering reflects high investor demand, Osisko Critical Minerals said Monday.The company is focused on advancing projects in New Brunswick, including the NB copper project."This strong reception reflects confidence in our exploration portfolio and the significant opportunity we see in New Brunswick," said John Burzynski, incoming chief executive officer of Osisko Critical Minerals.

$OM.TO

Brutus Mining to Raise CA$3.0 Million Via Private Placements

Brutus Mining (BRU.CN) intends to undertake two concurrent non-brokered private placements for total proceeds of up to about CA$3 million, it said in a statement on Monday.The offerings will consist of a hard dollar unit offering and a flow-through unit offering. Each unit will be sold at CA$0.35 apiece, for up to 5.7-million units for CA$2.0 million and will consist of one common share and one two-year warrant.Each warrant will entitle the holder to buy a share for CA$0.40. Each FT unit will be sold at CA$0.40 per FT unit, for up to 2.5-million FT units for CA$1 million, it said.Proceeds of the FT offering will be used to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" on the CW property, it added.Shares of the company closed up 8.6% to CA$0.38 on Friday on the Canadian Securities Exchange.

$BRU.CN

Good Purpose Investments Approved to Uplist to OTCQB Venture Market

Good Purpose Investments (GPIN.CN) was approved to uplist to the OTCQB Venture Market from the OTC Pink market, effective Monday.The company will continue trading under the ticker symbol 'GPINF' in the United States, said the company on Monday."This uplisting represents another important step in expanding GPI's presence within the U.S. capital markets," said Chief Executive Officer George Tsogas. "As we continue building a platform focused on acquiring, developing, and scaling sustainable businesses, improving accessibility and visibility for U.S. investors is an important part of supporting our long-term growth."The company also said its shares were added to the CSE Composite Index, effective after the close of trading on Sept. 18, it added.

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Silver Mountain Resources Begins Concentrate Production at Reliquias Mine in Peru

Silver Mountain Resources (AGMR.TO) has commenced production of the first bulk and zinc concentrates at the Reliquias underground silver-polymetallic mine in Peru, the company said Monday.Silver Mountain said it aims to achieve a processing throughput of 800 tonnes per day in the second half of 2027.The company said the initial feed was supported by about 45,000 tonnes of stockpiled material. It expects to begin concentrate shipments in October."This important milestone transforms Silver Mountain from a developer to a producer and we look forward to establishing a track record of generating growing operating cash flows as the mine and plant ramp up to their full production potential," Chief Executive Officer Alvaro Espinoza said.

$AGMR.TO