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Mining & Metals118d ago

TerraVest Industries Announcing Automatic Purchase Plan For Common Shares

$TVK.TO

Mining & Metals118d ago

Champion Iron Says Completed Acquisition of Norway's Rana Gruber ASA, At a Price of NOK 79 Per Share In Cash

$CIA.TO

Mining & Metals118d ago

Kinross Recommending Shareholders Reject TRC Capital Investment's Below-Market "Mini-tender" Offer For Common Shares

$K.TO

Mining & Metals119d ago

Lithium South Development Closes Sale of NRG Metals Argentina to POSCO

Lithium South Development (LIS.V) on Friday said it completed the sale of its NRG Metals Argentina subsidiary to POSCO Argentina and POSCO Holdings.The company said NRG holds the Hombre Muerto North Lithium property located in Salta Province, Argentina. The transaction was formally closed at a ceremony in Buenos Aires on April 7."Further details regarding the date of the payout of the cash consideration pursuant to the plan of arrangement will be provided in the immediate future," the company said.In a Dec. 8 statement, Lithium South Development said the terms of the sale are a cash price of US$65 million before taxes and other closing costs.The company also said it is seeking approval to delist from the TSX Venture Exchange and OTCQB and to cease being a reporting issuer.The company's shares were last seen unchanged at $0.495 on the Venture Exchange.

$LIS.V

Mining & Metals119d ago

Versamet Royalties Completes Eskay Creek Buy

Versamet Royalties (VMET.TO) said Friday that it has completed the acquisition of a 3.52% gold stream in respect of gold production from the Eskay Creek project from Orion Resource Partners and Blackstone affiliates.A statement noted the company paid US$340 million in cash and issued about 2.05 million shares to the vendors. The cash portion was financed through an expanded credit facility totaling US$400 million, including a US$250 million revolving credit line maturing in March 2029 and a US$150 million term loan maturing in March 2028, according to the statement."Eskay is expected to produce an average of over 300,000 ounces of gold per year in its first 5 years and an average of approximately 230,000 ounces of gold per year over its initial 12 year life," the company said, adding that it will pay 10% of the spot gold price for each ounce it receives under the stream.Price: $16.71, Change: $-0.45, Percent Change: -2.62%

$SKE.TO$VMET.TO

Mining & Metals119d ago

Sailfish Royalty Completes Sale of Subsidiary Terraco Gold to OR Royalties

Sailfish Royalty (FISH.V), down 2.4% on last look, said on Friday that it has completed the sale of its subsidiary Terraco Gold to OR Royalties (OR.TO) for US$168 million in cash.Terraco Gold holds a 3% net smelter return (NSR) royalty on Solidus Resources' Spring Valley gold project and a 2% NSR royalty on Solidus Moonlight property, both in Nevada."The sale of the Spring Valley and Moonlight royalties meaningfully reduces portfolio concentration risk while strengthening our cash position at a time of significant opportunity in the current market. Sailfish intends to redeploy this capital within the mining sector, with a strong focus on precious metals streams and royalties, to support our robust dividend policy," said CEO Paolo Lostritto.Sailfish shares were last seen down $0.09, to $3.63, on the TSX Venture Exchange.Price: $3.63, Change: $-0.09, Percent Change: -2.42%

$FISH.V$OR.TO

Mining & Metals119d ago

Yangarra Resources Announces Board Chair Passing

Yangarra Resources (YGR.TO) on Friday announced the passing of board chair Gordon Bowerman.Bowerman who chaired the Yangarra board since 2001, guided the strategic direction of the company and "contributed significantly to the company's growth, governance, and long-term vision," a statement said.The board of directors has initiated a transition process.Yangarra Resources was last seen up $0.06 to $1.42 on the Toronto Stock Exchange.Price: $1.42, Change: $+0.06, Percent Change: +4.41%

$YGR.TO

Mining & Metals119d ago

RBC on Blackberry Returning to Growth

RBC Capital Markets on Friday said BlackBerry (BB.TO, BB) reported solid fourth-quarter results that beat RBC and consensus estimates.The company's fiscal 2027 revenue guidance also flagged improved growth, above expectations, notes analyst Paul Treiber, who is nevertheless maintaining a sector-perform rating and US$4.50 price target on the stock to reflect compression in software peer valuations.The company is benefitting from increasing uptake of its expanded QNX portfolio: management sees middleware as an emerging opportunity, and initial interest appears positive, with Mercedes-Benz currently in discussions, Treiber notes.Secure Communications also returned to growth with BlackBerry seeing increasing demand from governments related to digital sovereignty.Price: $5.29, Change: $+0.04, Percent Change: +0.76%

$BB$BB.TO

Mining & Metals119d ago

Teako Minerals to Close the Final Tranche of Private Placement of Shares

Teako Minerals (TMIN.CN) on Friday said it plans to the final tranche of a non-brokered private placement of shares ng for the issuance of common shares.The company said it has subscription for 12.27-million shares in the tranche it plans to close on or before April 17, raising C$736,230.The company plans to use proceeds for anticipated exploration activities as well as general working capital purposes.Shares of the company were last seen up $0.005 at $0.055 on the Canadian Securities Exchange.

$TMIN.CN

Mining & Metals119d ago

NexLiving Communities Q4 Funds From Operations Rise 53%

NexLiving Communities (NXLV.V) Friday said fourth-quarter funds from operations (FFO) jumped 53%.The multi-family real-estate company said FFO rose to $2.0 million, or $0.06 per share, from $1.3 million, or $0.04 per share, in the previous corresponding quarter,Net operating income increased 7.4% to $5.3 million, a statement said.NexLiving also said Ahmed Shethwala has been promoted to chief financial officer, effective immediately. Shethwala joined the company in 2022 and has served as vice president, finance since 2024.He succeeds Glenn Holmes, who is retiring from the role.NexLiving shares were last seen up $0.03 to $1.98 on the TSX Venture Exchange.Price: $1.98, Change: $+0.03, Percent Change: +1.54%

$NXLV.V

Mining & Metals119d ago

SunOpta Says U.S. Regulators Allow an Early End to a Waiting Period for its Acquisition by Refresco

SunOpta (SOY.TO, STKL) on Friday said U.S. regulators allowed early termination of the waiting period under the Hart-Scott-Rodino Antitrust Act, easing the way for its sale to Refresco Holding for US$6.50 per share.The company said the early termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the arrangement.The company said closing the sale remains subject to remaining regulatory clearance or approval, approval by SunOpta's shareholders and the Ontario Superior Court of Justice, and the satisfaction or waiver of other customary closing conditions.The company's shares were last seen down C$0.03 to C$8.97 on the Toronto Stock Exchange.Price: $8.97, Change: $-0.03, Percent Change: -0.33%

$SOY.TO$STKL

Mining & Metals119d ago

RBC on Canadian Rails' Q1 Carload, Performance Metrics

Canadian railways' revenue ton miles (RTMs) were higher in the first quarter, with RTMs at Canadian National Railway (CNR.TO) up 3% and up 2% at Canadian Pacific Kansas City (CP.TO), notes RBC Capital in its review of the first quarter.Volumes at both rails benefited from higher grain volumes on the back of a record Canadian grain crop, write analysts Walter Spracklin and James McGarragle. According to StatsCan, Canadian crop production in 2026 is expected to be up 10% y/y due to higher yields, the analysts noted.Performance metrics also improved in the first quarter, mainly due to better winter conditions. Class 1 train velocity was up 4% and terminal dwell was down 6% in the quarter.RBC is calling for a modest recovery in the second half, in line with recent PMI readings, with tariffs and geopolitical conflicts posing key risks to the outlook. Spracklin and McGarragle also flag potential upside, in terms of over-the-road conversion prompted by higher truck rates, surging diesel prices, as well as a pick-up in industrial volumes, that are consistent with current macro indicators."We continue to see CPKC as best positioned reflecting synergy opportunities related to the KCS integration, especially in the company's intermodal franchise."Price: $152.67, Change: $+0.57, Percent Change: +0.37%

$CNR.TO$CP.TO

Mining & Metals119d ago

BMO Maintains Keyera at Outperform, Raises its Price Target to C$55.00 from C$54.00

BMO Capital Markets on Friday maintained its outperform rating on the shares of Keyera (KEY.TO) and raised its price target to C$55.00 from $54.00.BMO also designated Keyera as a top pick.While BMO continues to expect a successful close of Keyera's $5.15 billion acquisition of Plains All American Pipeline's Canadian natural gas liquids business, recent regulatory delays suggest remedies are required.BMO said this issue could modestly temper its anticipated accretion on the deal, although the strategic rationale remains positive, and synergy expectations could prove conservative."The good news is commodity tailwinds have emerged," BMO said.Price: $52.19, Change: $+0.46, Percent Change: +0.89%

$KEY.TO

Mining & Metals119d ago

Selkirk Copper Upsizes Private Placement of Shares to $30.0 Million

Selkirk Copper (SCMI.V) Friday said it upsized a bought-deal financing of shares by $10.0 million, to $30.0 million.The company will now sell underwriters 4.4-million tax-advantaged flow-through shares at $1.70 each, to raise $7.5 million, and 19.6-million common shares priced at $1.15 each, to raise $22.5 million. The underwriters have also been granted an over-allotment option of 4.35 million common shares, which, if fully exercised would yield additional proceeds of $5.0 million.Proceeds will be used to advance development of the Minto Mine in the Yukon.The offering is expected to close on April 30.Selkirk Copper shares were last seen down $0.04 to $1.31 on the TSX Venture Exchange.Price: $1.32, Change: $-0.03, Percent Change: -2.22%

$SCMI.V

Mining & Metals119d ago

RBC Outlines OR Royalties' Stance On Sector Consolidation, Buybacks

RBC Capital Markets said Friday that it hosted investor meetings with OR Royalties (OR.TO) chief executive Jason Attew and Grant Moenting, the company's vice president of capital markets.RBC said it reviewed key questions asked by investors and a summary of management's responses.When asked why OR was less active in 2025, the company said it would remain disciplined in its capital allocation.RBC noted that management outlined low success in 2025 due to elevated valuations and returns below target thresholds, increased competition and capital availability, and 25%of deals were unsecured, which is a non-starter for OR.As for OR's outlook for return of capital, management expressed willingness to repurchase shares to drive per share growth rather than pursue dilutive acquisitions.The company said it expects to maintain an opportunistic buyback throughout 2026, contingent on investment opportunities and internal valuation.OR anticipates royalty sector consolidation to continue, driven by a significant increase of new entrants to an already fragmented industry, RBC said.Meanwhile, OR's management believes that the opportunity at the Malartic operation in Quebec is largely overlooked. The company owns a 5% net smelter royalty in the mine owned by Agnico Eagle Mines (AEM.TO).Malartic is currently undergoing a transition from low grade open-pit mining to high gradeunderground mining, RBC said.RBC maintained OR's outperform rating and US$56 price target. The company traded at US$39.65 per share at last look on the New York Stock Exchange.Price: $54.70, Change: $-0.11, Percent Change: -0.20%

$AEM.TO$OR.TO

Mining & Metals119d ago

Stifel Canada "More Confident" in Bird Construction's Positive Outlook After Investor Meetings

Stifel Canada's Ian Gillies came away from Bird Construction (BDT.TO) investor meetings, "feeling more confident in our positive outlook."Gillies, who is maintaining a buy rating and $55.00 price target on the stock, said Bird's demand outlook "sounds great with a lot of active procurement ongoing (unsurprising)," which would lead to better risk balancing in contract structures, and improve the quality of cash flow.There is still potential valuation upside for Bird as the company's 2027E P/E of 13.4x lags significantly behind the construction peer group of 18.6x and its close Canadian peer Aecon (ARE.TO) at 21.7x. The construction sector is also trading at a 46% higher P/E multiple than its 10Y average of 12.7x while Bird Construction is trading at a 24% higher P/E multiple than its historical average of 10.8x, Gillies adds.Price: $46.32, Change: $+0.56, Percent Change: +1.22%

$BDT.TO

Mining & Metals119d ago

Trulieve Cannabis to Open Medical Cannabis Dispensary in Lutz, Florida

Trulieve Cannabis (TRUL.CN) on Friday announced the opening of a new medical cannabis dispensary in Lutz, Florida, on April 11.The company said that the new dispensary will carry a "wide variety of popular products" including Trulieve's portfolio of in-house brands such as Cultivar Collection, Modern Flower, Momenta, Roll One, and Sweet Talk.In a statement the company noted that customers will also have access to "beloved partner brands" such as Alien Labs, Bellamy Brothers, Binske, Black Tuna, Blue River, Connected Cannabis, DeLisioso, Khalifa Kush, Love's Oven, Miami Mango, Seed Junky, and Sunshine Cannabis, all available exclusively at Trulieve in Florida."Providing high-quality products in a welcoming environment is central to our mission," said Trulieve's Chief Executive Officer Kim Rivers. "We are thrilled to offer patients in Hillsborough County convenient and compassionate care as part of their wellness journey."Shares of the company were last seen unchanged at $8.87 on the Canadian Securities Exchange.Price: $8.91, Change: $+0.04, Percent Change: +0.45%

$HMMJ.TO$TRUL.CN

Mining & Metals119d ago

DLP Resources Confirms Magnetic Body at Esperanza Project in Peru

DLP Resources (DLP.V) said Friday that three-dimensional magnetic susceptibility imaging inversion on its Esperanza porphyry copper-molybdenum project in Peru delineated a strong magnetic body, providing geophysical evidence for locating concealed porphyry bodies.The company said its invention analysis delineated subsurface physical property structures down to 1,200 meters depth. The magnetic body has a volume of about 4.4 cubic kilometers, whose strike, dip, and depth perfectly align with a typical porphyry ore-forming model."The recent aeromagnetic drone survey over the Esperanza project together with the 3D inversion of the data has confirmed a coincident magnetic anomaly with our alteration mapping, spectral alteration mapping and ground geochemistry," President and Chief Executive Officer Ian Gendall said."The magnetic body, potentially related to a potassic core of a porphyry copper system is estimated to be at a depth of 200 to 700m below surface," Gendall added.DLP said it plans to conduct detailed rock chip sampling and additional extension of the magnetic survey. Permitting for a drill program in 2026 is currently underway.Price: $0.28, Change: $-0.02, Percent Change: -5.08%

$DLP.V

Mining & Metals119d ago

Goldstorm Metals Announces LIFE Offering for up to $4 Million; Shares Down 8.3%

Goldstorm Metals (GSTM.V) late on Thursday announced a non-brokered private placement for aggregate gross proceeds of up to $4 million.The private placement consisted of the sale of any combination of units at a price of $0.20 per HD unit, flow through units at a price of $0.24 per FT unit, and charity flow through units at a price of $0.31 per charity FT unit.The company said that each HD unit will be comprised of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of $0.30 per common share for a period of 36 months following the closing of the offering.It added that each FT unit and charity FT unit will be comprised of one common share to be issued as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and one-half of one warrant to be issued on a non-flow through basis.The net proceeds of the sale of units are expected to be used for general and administrative working capital and other corporate purposes.The offering is expected to close on or about the week of April 30, 2026, and is subject to certain conditions.The company's shares were last seen down $0.02 at $0.22 on the TSX Venture Exchange.Price: $0.21, Change: $-0.03, Percent Change: -12.50%

$GSTM.V

Mining & Metals119d ago

TSX Up More Than 210 Pts; Comes After Index Lost Near 140 Pts on Thursday, For Its First Loss In Seven Sessions

S&P/TSX CompositeS&P/TSX Composite

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