Financial News · Live Terminal

Page 23 of 378

Birchtech to Start Share Buyback Program

Birchtech (BCHT.TO, BCHT) intends to start purchases of its common stock under the CA$5.0 million share repurchase program authorized by its board and announced on March 19, 2025, it said in a statement on Wednesday.The company expects the purchases to start on or after Sept. 14, and to continue until Dec. 31, unless earlier completed, suspended or discontinued. Funding of any purchases will be made through cash available to the company, it said.Shares of the company were last seen up 3.7% at CA$1.7 on the Toronto Stock Exchange.Price: $1.70, Change: $+0.06, Percent Change: +3.66%

$BCHT.TO

Mining & Metals13d ago

Transcontinental Q3 Adjusted Earnings, Revenue Advance

Transcontinental (TCL-B.TO), down near 6% on last look, Wednesday said third-quarter adjusted earnings jumped 18.5% to CA$0.32 per share, from CA$0.27 per share, in the prior year period.Analysts polled by FactSet had expected CA$0.38 per share.Revenue climbed 3.8% to CA$306 million over the same period, beating analyst expectations of CA$295.3 million. The increase was mostly due to recent acquisitions, the printing company said.In its outlook for fiscal year 2026, Transcontinental expects lower volume in its traditional activities, including book printing which experienced very high growth in fiscal year 2025. It is forecasting growth in in-store marketing and specialty activities, including the positive impact of acquisitions.The company will pay a regular quarterly dividend of CA$0.05 per share on Oct. 21, to shareholders of record on Oct. 5.Transcontinental shares were last seen down CA$0.31, to CA$4.93, on the Toronto Stock Exchange.

$TCL-B.TO

Mining & Metals13d ago

McFarlane Lake Mining Raises CA$17.3 Million Via Bought Deal Private Placement

McFarlane Lake Mining (MLM.CN) closed a bought-deal private placement of flow-through and common shares, raising CA$17.3 million, it said Wednesday.The company sold underwriter 23.3-million flow-through shares priced at CA$0.525 each, for CA$12.3 million and 13.2-million common shares at CA$0.38 for CA$5 million. The underwriters also exercised their over-allotment option to buy an additional 2.4-million FT shares and an additional 2.6-million common shares, for additional proceeds of CA$2.3 million, it said.The company intends to use proceeds of the common-share sale for working capital and general corporate needs.Shares of the company were last seen up 5.6% at CA$0.57 on the Canadian Securities Exchange.Price: $0.57, Change: $+0.03, Percent Change: +5.56%

$MLM.CN

Mining & Metals13d ago

Canada Commodities: Brent Crude Tops $100 as Middle East War Escalates

Brent crude topped $100 a barrel Wednesday morning as fighting in the Middle East escalated. The US Centcom said Tuesday that it sank five Iranian oil tankers in the Gulf of Oman and near Kharg Island.The UK Maritime Trade Operations reported Wednesday that "several" merchant vessels in the Northern Arabian Gulf and the Gulf of Oman were attacked as part of military activity in the region. UKMTO was unable to confirm if any casualties or environmental impact has occurred, it added.West Texas Intermediate October crude oil futures, the US benchmark, jumped 3.1% to $95.90 per barrel. November Brent oil futures, the international benchmark, also advanced 3% to $100.79 a barrel.Comex gold December futures advanced 0.88% to $4,474.40 per ounce.In agricultural commodities, December wheat futures edged down 0.8% to $7.40 per bushel, while canola futures for November fell 0.3% to CA$836.80 per tonne.

$CXY

Mining & Metals13d ago

Targa Exploration Raises CA$791,950 After Closing Second Tranche of Private Placement

Targa Exploration (TEX.CN) closed the second tranche of a private placement of flow-through and common share units raising CA$791,950 it said late Tuesday.The company issued 2.6-million common-share units priced at CA$0.16 per HD unit and two-million flow-through units at CA$0.185 in the second tranche.Each unit type includes one-half of a two-year warrant to buy a share for CA$0.30.Proceeds will be used for exploration of its mineral exploration projects and for working capital needs, it said.Shares of the company closed down 6.3% to CA$0.15 on Tuesday on the Canadian Securities Exchange.

$TEX.CN

Mining & Metals13d ago

Cantex Mine Upsizes Private Placement to CA$3.5 Million

Cantex Mine Development (CD.V) increased the amount of its private placement to CA$3.5 million from CA$3 million, it said in a statement late Tuesday.The offering will be comprised of a combination of charity flow through units (CFT units), flow through shares (FT shares) and hard units. The CFT units will be priced at CA$0.3625 apiece, with each CFT unit comprised of one flow through share and one-half of a non-flow through warrant.Hard units will be priced at CA$0.25 apiece, with each unit comprised of one common share and one-half of a non-flow through warrant. FT shares will be priced at CA$0.30 per FT shares, with no warrants attached to them, it said.Each whole warrant issued in connection with either a CFT unit or a hard unit entitles the holder to buy a two-year non-flow through share at CA$0.40. Proceeds will be used to fund qualified critical mineral exploration expenditures on its North Rackla project in the Yukon and to fund general operating costs, it said.Shares of the company closed up 10% to CA$0.32 on Tuesday on the TSX Venture Exchange.

$CD.V

Mining & Metals13d ago

CGI Buys Technology Consulting Firm Callibrity

CGI (GIB-A.TO, GIB) acquired Callibrity, an end-to-end technology consulting firm, to strengthen CGI's presence in Cincinnati, it said in a statement on Wednesday.Terms of the deal were not disclosed. The company expects the acquisition to expand CGI's capabilities in production-ready enterprise AI, platform engineering and digital product development.US-listed shares of the company were last seen up 0.1% at $70.7 in pre-market trading.

$GIB-A.TO

Mining & Metals13d ago

Copper Giant Gets Upgraded to OTCQX

Copper Giant Resources' (CGNT.V) common shares graduated to trading on the OTCQX Best Market (OTCQX) under the ticker symbol of "CGNRF" from trading on the OTCQB Market, it said in a statement on Wednesday.Its common shares will continue to trade on the TSX Venture Exchange under the symbol "CGNT", it added.Shares of the company closed up 5% to CA$1.46 on Tuesday on the TSX Venture Exchange.

$CGNT.V

Mining & Metals13d ago

Erdene Resource Enters Into Automatic Securities Purchase Plan

Erdene Resource Development (ERD.TO) entered into an automatic securities purchase plan (ASPP) related to its normal course issuer bid (NCIB), it said in a statement on Wednesday.The ASPP, once effective, will allow for the purchase of common shares under the bid at times when Erdene normally would not be active in the market due to applicable regulatory restrictions or internal trading blackout periods, it said. The company may buy back up to 4.9-million of its common shares for cancellation under the NCIB.Shares of the company closed down 0.3% to CA$6.52 on Tuesday on the Toronto Stock Exchange.

$ERD.TO

Mining & Metals13d ago

The North West Company Q2 Adjusted Earnings Rise

The North West Company (NWC.TO) reported second quarter adjusted net earnings of CA$40.6 million, compared with CA$39.6 million, a year earlier.Sales increased to CA$682.0 million in the three months ended July 31, 2026, compared with CA$647.0 million, a year-ago. Analysts expected sales of CA$661.0 million.Its board also declared a quarterly dividend of CA$0.42, an increase of CA$0.01 or 2.4% per share from the prior quarter, it said. The dividend is payable to shareholders of record on Sept. 30, on Oct. 15.Shares of the company closed down 0.6% to CA$49.1 on Tuesday on the Toronto Stock Exchange.

$NWC.TO

Mining & Metals13d ago

Earnings Flash (NWC.TO) The North West Company Inc. Reports Q2 Revenue CA$682.0M, vs. FactSet Est of CA$661M

$NWC.TO

Mining & Metals14d ago

Crown Point Energy to Transfer Listing to TSXV's NEX Board Sept. 11

Crown Point Energy (CWV.V) said Wednesday its listing will be transferred to the NEX board of the TSX Venture Exchange, effective at the opening of trading on Sept. 11.The company said the transfer follows its failure to meet the exchange's Tier 2 continued listing requirements after Liminar Energia acquired more than 90% of Crown Point's common shares.As a result, less than 10% of Crown Point's common shares remain in the public float, the company said.NEX is a separate trading board of the TSXV that provides a trading forum for companies that have fallen below the TSXV's ongoing listing standards. The company's trading symbol will change to CWV.H from CWV.

$CWV.V

Mining & Metals14d ago

Elemental Royalty Obtains Regulatory Approval to Acquire Vizsla Royalties

Elemental Royalty (ELE.TO) said Tuesday after trade that Mexico's anti-trust agency has cleared the company's acquisition of Vizsla Royalties (VROY.V).Elemental will acquire Vizsla Royalties' 2% to 3.5% net smelter returns royalties on Vizsla Silver's (VZLA.TO) Panuco project in Mexico. The royalties will be cornerstone assets in Elemental's portfolio and are life-of-mine interests with no caps, buybacks or step-downs, covering the entire existing resources at Panuco, a statement said."Receiving Antitrust approval is the final regulatory milestone needed to complete the acquisition of Vizsla Royalties, and we look forward to announcing the closing of the Transaction soon," said Chief Executive Officer David Cole.Elemental shares closed down CA$0.46 at CA$28.99 on the Toronto Stock Exchange.

$ELE.TO

Mining & Metals14d ago

Grid Metals Says Lucy South Results Confirm Pollucite as Main Cesium-Bearing Mineral

Grid Metals (GRDM.V) said after the market close Tuesday that mineralogical results from the Lucy South pegmatite at its Falcon West property in southeastern Manitoba confirmed pollucite as the main cesium host mineral at the deposit.Pollucite is the preferred mineral for cesium processing.The company said the metallurgical study applying ore sorting technology will soon commence. It has engaged SGS Canada to complete an initial sorting test program of more than 300 kilograms of ore to determine the potential of producing a marketable cesium-bearing pollucite concentrate.Cesium, which is used in energy and security related applications, is defined as a critical metal by both Canada and the US.

$GRDM.V

Mining & Metals14d ago

Collective Mining to Apply For Environmental License For Guayabales Project in Colombia Next Year

Collective Mining (CNL.TO) Tuesday after trade said it will apply for an environmental license in the second half of next year for the Apollo deposit at the Guayabales Project in Colombia.Collective is currently accelerating environmental and technical studies at Apollo, a statement said.The company also released the initial mineral resource for the deposit, showing indicated mineral resources of 2.58-million gold equivalent ounces, grading at 2.17 grams per tonne gold equivalent, and an inferred resource of 2.93-million GEOs."The scale and grade of Apollo's maiden Mineral Resource establish a strong foundation for what we believe will become a major mining project. Importantly, this is the largest new mineral resource stage discovery in Colombia since we discovered Buritica for Continental Gold more than a decade ago," said Executive Chair Ari Sussman.Collective Mining shares closed up CA$0.21, to CA$23.31, on the Toronto Stock Exchange.

$CNL.TO

Mining & Metals14d ago

Progressive Planet Solutions Names Kyle Dickson Interim CFO, Adds Dave Barnett to Board

Progressive Planet Solutions (PLAN.V) said Tuesday it appointed Kyle Dickson as interim chief financial officer and Dave Barnett to its board of directors as part of a series of management and board changes.Dickson replaces Chris Halsey-Brandt, who is temporarily unable to perform his duties as CFO due to a health issue, the company said.Dickson has worked with the Progressive Planet group for more than three years and has been involved in preparing the company's quarterly and annual financial statements. He also serves as vice president of finance for Progressive Planet Products.The company appointed Barnett to its board, effective Sept. 3. Barnett has experience in capital markets, enterprise risk and business evaluation, and became chief executive officer of ZTEST Electronics in July.Barnett beneficially controls 850,500 Progressive Planet shares, the company said.Separately, Edward Beggs resigned from the board effective Sept. 3 as he focuses on retirement. Beggs had served on the company's board since 2018.Progressive Planet also clarified that a previously disclosed CA$117,476 loss related to investments in two publicly traded Canadian companies was a mark-to-market loss rather than a loss of invested capital. The company said it invested about CA$1.05 million in the two companies and earned net cash gain of CA$143,580.Company's shares closed down 2.9% to CA$0.34 on TSX Venture Exchange on Tuesday.

$PLAN.V

Mining & Metals14d ago

Terra Clean Energy to Raise CA$2 Million in Private Placement of Units

Terra Clean Energy (TCEC.CN) said Tuesday afternoon that it plans to raise up to CA$2 million through a private placement of units.The company will issue 14.3 million units at CA$0.14 apiece. Each unit will consist of one share and one three-year warrant to buy a share at CA$0.22.Proceeds will be used for capital expenditures and general working capital.The offering is expected to close on Oct. 5.The news followed a trading halt at 3:22 p.m ET by the Canadian Investment Regulatory Organization, citing "pending news".Terra Clean Energy shares closed down CA$0.02 at CA$0.13 on the Canadian Securities Exchange.

$TCEC.CN

Mining & Metals14d ago

TSX Closer: The Index Falls as Technology and Financial Stocks Decline

The S&P/TSX Composite Index closed sharply lower on Tuesday as weakness in base metals and energy stocks outweighed gains in technology and financials, while investors assessed escalating Canada-US trade tensions and higher crude oil prices.The index closed down 390.75 points, or 1.1%, to 36,123.05. Information Technology led decliners, down 3.1%, followed by Financial and Industrials that closed down 1.5% and 1.1%, respectively. Base Metals and energy were up 3.5% and 0.9%, respectively.In commodities, West Texas Intermediate (WTI) and Brent crude rose on Tuesday as attacks by Iran-backed Houthi rebels on Saudi energy facilities heightened concerns that the Middle East conflict could further disrupt regional oil supplies. October WTI crude oil contract settled up $1.55, or 1.7%, at $93.03 per barrel, while November Brent oil was last seen up $1.81, or 1.9%, at $98.81 per barrel.Meanwhile, December Comex gold futures was down 1.6%, or $70.30, to $4,406.30 per ounce at last look.In currencies, the US dollar edged down 0.2% against the Canadian dollar, with USD/CAD at 1.3782 at last look.The Canadian dollar is expected to resume its upward trend in 2027, assuming Canada-US trade talks ultimately lead to a favorable outcome, according to National Bank Capital Markets. The pair is expected to reach $1.37 in Q4 2026, $1.35 in Q1 2027 and $1.33 in Q2 2027, respectively.Canadian Prime Minister Mark Carney defended retaliatory tariffs that came into effect Tuesday as necessary to protect Canadian workers, businesses and communities from what he called unfair US trade measures. He said reducing Canada's reliance on the US will come at a cost but is necessary to strengthen the economy and diversify its trade relationships.Carney's approval rating has risen as more Canadians back a tougher stance in the escalating trade dispute with the United States, according to an Angus Reid Institute poll published on Tuesday. Carney's approval rose 11 percentage points to 62%, near his previous high.Despite continued trade tensions with the US, Canada's gross domestic product is expected to grow 1.4% in 2027, up from a projected 0.9% this year, according to National Bank.In corporate news, Tamarack Valley Energy (TVE.TO) on Tuesday said it agreed to acquire Headwater Exploration (HWX.TO) in an all-stock transaction valued at a combined CA$10 billion, creating a larger oil producer focused on the Clearwater heavy-oil region in Alberta.In stocks, Bombardier (BBD-B.TO) shares closed down C$7.99, or 2.5%, after US President Trump threatened a boycott of the company's planes. In response, Bombardier highlighted its extensive US operations, jobs and supply chain ties in a statement that did not mention Trump.

S&P/TSX CompositeS&P/TSX Composite$CXY$USD$BBD-B.TO$HWX.TO$TVE.TO

Mining & Metals14d ago

Quimbaya Gold Says Initial Drilling Program at Tahami Project in Colombia Intersects Mineralization

Quimbaya Gold (QIM.CN) said Tuesday that all six holes from its initial drill program at the Tahami Project in Colombia, intersected a copper-molybdenum porphyry system.The six holes, totaling 2,928 meters, were part of a 5,000 meter program. Assay results are expected later this month or next month, the company said, noting that mineralization was variable between holes, and in some places, marginal."We modelled this system from surface, and all six holes intersected the porphyry system as predicted by the exploration model. The drilling has given us the alteration zoning and the principal intra-mineral porphyry, which will help guide future drilling within the porphyry system," Chief Executive Alexandre Boivin said.Quimbaya Gold shares were last seen unchanged at CA$0.38 on the Canadian Securities Exchange.Price: $0.39, Change: $+0.01, Percent Change: +2.63%

$QIM.CN

Mining & Metals14d ago

US Dollar Weakens Against Its Canadian Counterpart as Hostilities Flare in The Middle East

The US dollar weakened against its Canadian counterpart, with oil prices mixed while gold prices edged down. President Trump over the weekend also posted on his Truth Social site that the Canadian dollar's imbalance with the US was "unacceptable" but didn't elaborate.The greenback fell 0.2% to CA$1.3788 on last look.Hostilities worsened in the Middle East, after Iran-backed Houthi rebels attacked several cities in Saudi Arabia.Iran's Islamic Revolutionary Guard Corps (IRGC) also claimed its air defences destroyed a drone over the Strait of Hormuz, Al Jazeera reported Tuesday. The news agency also reported that the IRGC claimed to have seized an unmanned US submarine at the entrance of the Strait of Hormuz.Comex December gold futures fell 0.8% to $4,438.90 per ounce.West Texas Intermediate October crude oil futures, the US benchmark, were last seen up 0.7% to $92.09 per barrel. November Brent oil futures, the international benchmark, slipped 0.05% to $96.95 per barrel.

$CXY$CAD=X

Showing 441-460 of 7542

Mining & Metals14d ago

TSX Closer: The Index Falls as Technology and Financial Stocks Decline

S&P/TSX CompositeS&P/TSX Composite$CXY$USD$BBD-B.TO$HWX.TO$TVE.TO