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InPlay Oil Confirms Monthly Dividend for May 2026

InPlay Oil's (IPO.TO) board of directors declared a monthly cash dividend of $0.09 per common share, unchanged from the prior month.It is payable on May 29, 2026, to shareholders of record at the close of business on May 15.

$IPO.TO

Mining & Metals145d ago

BeMetals Resumes Trading on TSXV; To Launch 1-For-10 Reverse Stock Split

BeMetals' (BMET.V) common shares will resume trading on the TSX Venture Exchange (TSXV), effective at the open of market on May 5, it said Friday.The company also received approval from the TSXV to consolidate its outstanding common shares on the basis of one new common share for every 10 common shares. The reverse stock split will take effect at the start of trading on May 8.The 294.4-million common shares issued and outstanding prior to the consolidation will be reduced to about 29.4-million common shares, the company said. It expects to send letters of transmittal to registered holders of its common shares for use in transmitting their existing share certificates to its registrar and transfer agent in exchange for new certificates representing the number of post-consolidation common shares to which each shareholder is entitled.The company's shares last traded Apr. 15, closing at $0.06 on the TSXV.

$BMET.V

Mining & Metals145d ago

Nova Leap Health Acquires Nova Scotia-based Parkwood Home Care

Nova Leap Health (NLH.V) subsidiary Earth Angels has acquired Parkwood Home Care, which has operations in Nova Scotia, for $3.5 million, the company said on Friday.Nova Leap will pay $3.2 million in cash, along with a $300,000 promissory note over a three-year period, a statement said.The cash on closing was funded by way of a $2.2 million draw on Nova Leap's acquisition debt facility and by $1 million of cash on hand. The new debt is repayable over a five-year term. The company said it still has access to up to US$3.05 million in available credit.Parkwood reported unaudited revenue of $3.8 million and adjusted EBITDA of $785,000 for its 2025 fiscal year."Our Nova Scotia operations were Nova Leap's fastest growing geography and delivered record results in 2025," said chief executive Chris Dobbin. "The acquisition of Parkwood by Earth Angels represents a logical next step in building further density in a market we know well. It enhances our ability to scale efficiently, deepens our presence in the province and expands our role across the continuum of care, positioning our Nova Scotia platform for sustained growth."Nova Leap shares closed unchanged at $0.37 on Thursday on the TSX Venture Exchange.

$NLH.V

Mining & Metals145d ago

Imperial Oil's Q1 Net Income Falls YoY

Imperial Oil's (IMO.TO) net income dropped year over year in the first quarter, the company said Friday.Imperial Oil booked a net income of C$940 million, or $1.94 per share, falling from $1.29 billion, or $2.52 per share, in the year-ago period.Analysts expected Imperial Oil's earnings at $2.30 per share, according to FactSet.Revenue slipped to $12.45 billion from $12.52 billion while expenses increased to $11.21 billion from $10.83 billion.Upstream production stood at 419,000 gross oil-equivalent barrels per day in the first quarter, rising from 418,000 gross oil-equivalent barrels per day in the year-ago period."Against a backdrop of significant volatility in global commodity markets, we remain committed to our long-standing corporate strategy of maximizing the value of our existing assets while progressing advantaged growth opportunities," Chairman, President and Chief Executive Officer John Whelan said.Imperial Oil declared a dividend of $0.87 per share for the second quarter, unchanged from the first quarter. The dividend is payable July 1 to shareholders of record as of June 4.The company plans to renew its normal course issuer bid in June.

$IMO.TO

Mining & Metals145d ago

Real Matters Swings to Consolidated Net Income in Q2, Consolidated Net Revenue Rises

Real Matters (REAL.TO) swung to consolidated net income in the second quarter, while consolidated net revenue rose, the company said on Friday.For the second quarter, the company posted consolidated net income of US$1.2 million, compared to consolidated net loss of $2.2 million in the corresponding year-ago quarter.It posted second quarter adjusted net income per diluted share of $0.01 per share, compared to adjusted net loss per diluted share of $0.02 per share in the year-ago quarter. The consensus estimates compiled by FactSet for Non GAAP EPS was nil.Second quarter consolidated net revenue was $13.6 million, compared to $10.1 million in the year-ago quarter. The consensus estimates compiled by FactSet for sales was $12.7 million.For the second quarter, consolidated revenue was $47.2 million, compared to $37.3 million in the year-ago quarter."U.S. Appraisal revenues were up 26% and Adjusted EBITDA was up 41%. Our U.S. Title segment delivered exceptional year-over-year growth in the second quarter, with revenues up 127% and Net Revenue increasing 176%, driven by new client wins, market share gains, and improved refinance market conditions," said Real Matters Chief Executive Officer Brian Lang.

$REAL.TO

Mining & Metals145d ago

Abasca Resources Closes $2.5 Million Private Placement

Abasca Resources (ABA.V) raised $2.3 million after closing a private placement, the company said Friday.The offering comprises 9 million flow-through common shares priced at $0.25 apiece and 1,250,000 non-flow-through common shares priced at $0.20 each.Abasca plans to use the proceeds to incur Canadian exploration expenses, as well as for general and administrative expenses.The company owns the Key Lake South project, which hosts the Loki Flake graphite deposit, in Saskatchewan.

$ABA.V

Mining & Metals145d ago

Anteros Metals Raises $1 Million Via Private Placement Financing

Anteros Metals (ANT.CN) closed its non-brokered private placement financing raising proceeds of $1 million, it said Friday.The company said the offering consisted of the issuance of 6.6-million flow-through units (FT unit) at $0.065 apiece, and 11.7-million hard dollar units at $0.05 per unit.Each FT unit was comprised of one common share, issued on a flow-through basis and one-half of one whole common share purchase warrant, issued on a non-flow-through basis with each warrant entitling the holder to buy a share for $0.10 for a two-year period from the date of issuance, subject to certain terms. The FT shares will qualify as "flow-through shares".Each unit was comprised of one common share and one-half of one whole warrant. Proceeds from the sale of the units will be used for general working capital needs and proceeds of the offering received from the sale of the FT shares will be used to incur "Canadian exploration expenses" that will qualify as "flow-through critical mineral mining expenditures".Shares of the company closed down 5.4% to $0.175 on Thursday on the Canadian Securities Exchange.

$ANT.CN

Mining & Metals145d ago

Paramount Resources to Pay Monthly Dividend on May 29

Paramount Resources (POU.TO) will pay a cash dividend of $0.05 per share on May 29, to shareholders of record on May 15, the company said on Friday.The regular monthly dividend is unchanged.Paramount shares closed up $0.25, to $30.74, on the Toronto Stock Exchange.

$POU.TO

Mining & Metals145d ago

Imperial Oil Declares Q2 Dividend of $0.87 Per Share; Unchanged From Q1

$IMO.TO

Mining & Metals145d ago

Imperial Oil Intends to Renew NCIB in June 2026

$IMO.TO

Mining & Metals145d ago

Imperial Oil Q1 Net income Per Common Share, Assuming Dilution $1.94

$IMO.TO

Mining & Metals145d ago

Imperial Oil Q1 Net Income of $940M

$IMO.TO

Mining & Metals145d ago

Endeavour Mining Keeps Outperform, Target Up To C$116 From $115 at National Bank After Ests Revision; Bk Says "Strong Capital Returns Expected to Continue"

$EDV.TO

Mining & Metals145d ago

Mountain Province Diamonds Extends Maturity on Credit Facility, Books Higher Q1 Production YoY

Mountain Province Diamonds (MPVD.TO) has extended the maturity date on its term loan and the principal repayment date under a working capital facility, the company said Friday.Under a fourth amending agreement with Dunebridge Worldwide, the maturity date on the US$40 million term loan facility and the date for repayment of the principal amount of the US$33 million working capital facility was moved to June 30 from April 30.Mountain Province has also sold US$999,999 of proceeds from the sale of its share of diamonds from the Gahcho Kue mine in the Northwest Territories for US$833,000.The funds will provide Mountain Province with the operating capital needed to continue operations in the near term as it reviews strategic alternatives.Separately, Mountain Province reported overnight Thursday a year-over-year increase in diamond production for the first quarter.The company recovered 2.0 million carats of diamond, up 163% from 762,978 carats produced a year ago.Sales in the first quarter totaled 858,173 carats valued at C$40 million for an average of C$47 per carat. In the year-ago period, the company recorded sales of 426,268 carats for C$44 million, averaging C$103 per carat."The diamond market continues to be adversely affected by geopolitical uncertainty, including concerns surrounding US tariffs and the ongoing conflict in the Middle East," President and Chief Executive Officer Jonathan Comerford said."As previously reported, we continue to engage constructively with all stakeholders to navigate this particularly challenging period for the market, which is currently overshadowing a very strong operational performance in terms of carats recovered," Comerford said.Meanwhile, Jeff Swinoga stepped down from the board due to his involvement in several other board positions.

$MPVD.TO

Mining & Metals145d ago

Gildan Keeps Outperform, Target Up To C$101 From $100 at National Bank On Q1; "Quarter Slightly Ahead; Q2 Guidance Light, 2026 Outlook Maintained"

$GIL.TO

Mining & Metals145d ago

Cipher Pharmaceuticals Renews NCIB

Cipher Pharmaceuticals (CPH.TO) said Friday that the Toronto Stock Exchange has accepted its notice of intention to buy back up to 1.5 million shares.The normal course issuer bid (NCIB) will run from May 5, for one year, a statement said.Under Cipher's current NCIB, that expires on May 4, the company bought back 532,940 shares at an average price of $13.90.Cipher Pharmaceutical shares closed down $0.39, to $17.71, on Thursday, on the Toronto Stock Exchange.

$CPH.TO

Mining & Metals145d ago

Unisync Q2 Net Income and Revenue Rise

Unisync (UNI.TO) reported an increase in its net income and revenue in the second quarter, on Friday.For the three months ended March 31, 2026, the company reported net income of $2.2 million or $0.11 per share, compared with $0.1 million or breakeven per share, a year earlier. Quarterly adjusted EBITDA rose to $4.7 million from $3.2 million in the prior-year period.Revenues increased to $28.7 million in the quarter compared with $24.5 million, a year-ago, driven primarily by previously announced new business that commenced shipping during the quarter, the company said.The company also secured an additional $8.2 million in annualized new business in both UGL and Peerless segments, with the majority of the new business wins in the U.S., during the quarter.Shares of the company closed up 1.5% to $2.1 on Thursday on the Toronto Stock Exchange.

$UNI.TO

Mining & Metals145d ago

K-Bro Linen Board Chair Michael Percy Retiring

K-Bro Linen (KBL.TO) board chair Michael Percy will be retiring and will not seek re-election at the annual general meeting on June 3, the company said on Friday.Percy has served as a director since 2015.K-Bro is seeking an additional director to serve on the board and has identified several candidates with relevant industry experience.K-Bro Linen shares closed up $0.26, to $37.91, on Thursday on the Toronto Stock Exchange.

$KBL.TO

Mining & Metals145d ago

McEwen and Golden Lake Exploration Announce Closing of Arrangement

McEwen (MUX.TO, MUX) and Golden Lake Exploration (GLM.CN) late Thursday announced the completion of the previously announced business combination between the companies by way of statutory plan of arrangement.Under the terms of the arrangement, each holder of common shares of Golden Lake received 0.003876 McEwen common shares for each Golden Lake share held, said the company."Outstanding stock options of Golden Lake were exchanged for replacement options of McEwen on an equivalent economic basis, with adjusted exercise prices, exercisable within 90 days following the closing of the Arrangement, in accordance with the terms of Golden Lake's stock option plan," said the company.The shares of Golden Lake are expected to be delisted from the Canadian Securities Exchange effective as of the close of market on April 30, 2026, stated the company."Golden Lake will submit an application to cease to be a reporting issuer under applicable Canadian securities laws and to otherwise terminate its public reporting requirements," added the company.

$GLM.CN$MUX.TO

Mining & Metals145d ago

Update: Magna Up Near 2% In US Premarket On Q1 Beat, Even With Pared Back FY Sales Forecast

(Adds RBC Capital Markets commentary in paragraphs 5 to 7 inclusive, and updates share price in headline)Magna International (MGA), a global automotive supplier, reported Q1 adjusted earnings Friday of US$1.38 per share, up from $0.78 a year earlier. Analysts polled by FactSet expected $1.02.Sales for the quarter ended March 31 were $10.38 billion, compared with $10.07 billion a year earlier.Analysts polled by FactSet expected $10.36 billion.For 2026, the company continues to expect adjusted EPS of $6.25 to $7.25. Analysts are looking for $6.76.Magna said it now expects full-year sales between $41.5 billion and $43.1 billion, compared with its prior outlook range of $41.9 billion to $43.5 billion. Analysts are looking for $42.65 billion.RBC Capital Markets noted Magna reported Q1 Adjusted EBIT of $558 million, well above consensus of $422M. RBC said the beat was largely driven by P&V, though EBIT came in ahead of consensus across all segments.RBC also noted management cut its 2026 P&V revenue guidance by $300M at the midpoint (withno change to EBIT margins), potentially driven by S&P Global's recent production forecast cuts. The bank said this lowers the 2026 implied EBIT guidance by $25M to $2.665B (midpoint). But RBC added despite the modest guidance cut, its math implies that consensus EBIT for the remainder of 2026 could move higher. "As a result, we would expect a positive, albeit muted reaction to shares given the company did not raise guidance."According to RBC, questions on the earnings call could include: Reasoning behind lowering P&V but not other segments; Factors that drove the Q1 margin performance; Updates to commodity inflation (e.g., DRAM) or freight costs in second half 2026; and any further updates or business wins with Chinese OEMs.

$MG.TO

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