Financial News · Live Terminal

Page 347 of 378

Bombardier To Deploy AI Solutions For Its Business Jets Through "Multi Year, Multimillion-dollar" Deal With CoLab

Canadian plane maker Bombardier (BBD-B.TO, BBD-A.TO) will deploy artificial intelligence solutions to support the design and manufacturing processes of its business jets, CoLab AI Inc said Thursday in announcing a "multi year, multimillion-dollar" agreement between the two companies."Integrating advanced artificial intelligence into our design and engineering processes will further strengthen our ability to deliver world class business jets for our customers and will enable our teams to make engineering decisions based on vast amounts of data in real time," said Eric Filion, Executive Vice President of Programs and Supply Chain at Bombardier.Bombardier was last seen down 1.3% or 3.3% at $247.23.Price: $248.07, Change: $-2.52, Percent Change: -1.01%

$BBD-B.TO

Mining & Metals152d ago

Arras Minerals Up 2.4% As Confirms Third Porphyry Center at Berezski East Trend in Kazakhstan

Arras Minerals (ARK.V) confirms a third porphyry center based on first results from the 2026 drill program at the Elemes project in Kazakhstan, the company said Thursday.Drilling highlights include 115.7 meters grading 1.44 grams per tonne (g/t) gold and 0.24% copper, within a broader zone of 424.0 m grading 0.50 g/t gold and 0.12% copper, it added.Hole EL26031 has confirmed and extended gold mineralization intersected by earlier drilling, "but importantly also intersected a major fault zone that appears to act as a key structural control on mineralization, said CEO Tim Barry."Below this structure, there was a significant increase in the intensity of alteration, veining and mineralization indicative of a robust mineralized system. The five holes that we have drilled to-date cover 400 metres of strike and the target, we believe, stretches at least a further 400 meters to the Northeast," Barry added.The company plans to launch a top-of-bedrock drill program over the Berezski East target to help define the footprint of the gold-copper mineralization under the cover at this target that it will then follow-up with diamond drilling on priority targets.Shares in Arras were up another 2.4 early Thursday.

$ARK.V

Mining & Metals152d ago

Tilray Up 14% In US Premarket Trade As Says "Positioned" For Expansion "Amid Historic Cannabis Rescheduling"

Tilray Brands (NASDAQ and TSX: TLRY) is "positioned" for expansion in the United States as federal policy there has opened the door to rescheduling of cannabis from Schedule I to Schedule III under the Controlled Substances Act, the company said Thursday,Shares in Tilray, a player in the cannabis, beverage, and wellness industries, were at at last look up more than 12% in US premarket trade on what the company called "an inflection point". They rose more than 14% in the US yesterday."A defining inflection point that represents a fundamental shift in U.S. drug policy, unlocking significant opportunities for medical cannabis clinical research, patient access, and industry standardization. The action represents the most consequential federal cannabis policy development in decades, accelerating the emergence of a regulated, science-driven medical cannabis framework in the United States," Tilray in a statement.Rescheduling has the potential to accelerate clinical research, broaden access, and "elevate the quality, consistency, and safety standards that establish medical cannabis as a legitimate pillar of modern healthcare", added Irwin D. Simon, Chairman and Chief Executive Officer.

$HMMJ.TO$TLRY.TO

Mining & Metals152d ago

Abitibi Metals to Raise $30.8 Million Via Non-Brokered Financing Led by Discovery Silver, With 9.9% Strategic Stake

Abitibi Metals (AMQ.CN) announced a non-brokered private placement for up to $30.8 million, on Thursday.Discovery Silver is expected to buy about 9.9% of its issued and outstanding common shares on a non-diluted basis upon closing of the offering, it said. In connection with closing of the offering, Abitibi Metals and Discovery will enter into a participation agreement, whereby, subject to certain conditions, the company will grant certain financing and other participation rights to enable Discovery to maintain its shareholding interest in the company and other customary investor rights.The offering is expected to consist of a combination of 11.8-million charity flow-through common shares at $0.85 per CFT share, and 35.8-million hard dollar common shares at $0.58 per HD share, for total proceeds of up to $30.8 million.Proceeds from the issuance of the CFT shares are expected to be used to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures" on its Quebec-based projects. The net proceeds from the issuance of the HD shares are expected to be used for exploration and development activities, as well as for general corporate needs.Shares of the company closed up 4.2% to $0.74 on Wednesday on the Canadian Securities Exchange.

$AMQ.CN

Mining & Metals152d ago

Optimi Health Files LIFE Offering Document in Connection with NASDAQ Listing

Optimi Health (OPTI.CN) plans to complete a portion of its previously announced offering of common shares in Canada pursuant to the Listed Issuer Financing Exemption contained in Part A of National Instrument 45-106 - Prospectus Exemptions, as modified by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, said the company on Thursday.The offering price and certain terms of the securities to be offered will be determined in the context of the market at the time of pricing, said the company.A registration statement relating to these securities has been filed with the SEC but has not yet become effective, added the company.The closing of the offering is subject to market and other customary conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange, the Nasdaq Capital Market and the United States Securities and Exchange Commission's review process.

$OPTI.CN

Mining & Metals152d ago

Tilray Brands Adds Tilray Medical "Poised To Accelerate U.S. Medical Cannabis Access For Patients"

$HMMJ.TO$TLRY.TO

Mining & Metals152d ago

Aduro Clean Technologies Says HCT Extends to "Highly Paraffinic" Crude Oils

Aduro Clean Technologies' (ACT.CN) hydrochemolytic technology (HCT) now extends to "highly paraffinic" crude oils, the company said on Thursday.This advancement is a new potential application of HCT, following heavy bitumen upgrading and chemical recycling of waste plastics. It supports the technology's positioning across diverse hydrocarbon feedstocks.Aduro has filed a continuation-in-part (CIP) patent application with the United States Patent and Trademark Office (USPTO) to protect this development.Paraffinic crudes account for between 20% to 33% of global crude production, but transport and processing constraints limit the range of refineries able to receive them and reduce realized market value. Yet, these feedstocks are increasingly recognized for favorable refining characteristics, including low sulfur and metals content, high cetane diesel yields, and premium performance in lubricant base oil and fluid catalytic cracker (FCC) applications, a statement said."Paraffinic crude oils are widely produced and inherently valuable, but their full potential is often constrained by excessive handling and processing requirements. This extension reflects a practical step in expanding the relevance of our technology and its potential application across the hydrocarbon value chain. Each new application we validate strengthens HCT's position as a platform technology, increases our value proposition, and broadens the set of potential markets and partners we can pursue over time," said chief executive Ofer Vicus.Aduro shares closed up $1.12, to $16.39 on the Canadian Securities Exchange on Wednesday.

$ACT.CN

Mining & Metals152d ago

Tilray Brands Says "Positioned For U.S. Expansion Amid Historic Cannabis Rescheduling"

$HMMJ.TO$TLRY.TO

Mining & Metals152d ago

Avino Silver & Gold Mines' Q1 Silver Equivalent Production Drop 10% YoY

Avino Silver & Gold Mines' (ASM.TO) silver equivalent production fell 10% year over year in the first quarter, the company said Thursday.Avino produced 568,112 silver equivalent ounces in three months ended March 31, dropping from 631,249 silver equivalent ounces produced in the same period a year ago.Silver production inched down 1% year over year to 263,057 ounces, gold production dropped 17% to 1,851 ounces, and copper production sank 16% to 1.3 million pounds.The production decline reflects planned mining sequencing into lower-grade areas, which has been planned for the first quarter, the company said."With elevated silver prices, we expect revenues to significantly outperform our budget, reflecting both strong metal prices and operational performance," President and Chief Executive Officer David Wolfin said.

$ASM.TO

Mining & Metals152d ago

Green Thumb Industries' Board Authorizes Additional US$100M for Share Repurchase Program

Green Thumb Industries' (GTII.CN), a national cannabis consumer packaged goods company that saw its shares rise 11% yesterday, authorized an additional US$100 million for its existing share buy-back program announced on September 16, 2025, it said Thursday.The buy-back program now authorizes the repurchase of its subordinate voting shares having an aggregate value of up to $150 million, it added.Approximately 7.5 million shares for approximately $43.4 million have been repurchased since the program began on September 23, 2025, GTII said. Of that total, approximately 6.0 million shares for approximately $33.0 million were repurchased in the first quarter of 2026, it added."We have built a strong business, and we do not believe our current share price fully reflects that value. We have demonstrated our conviction in Green Thumb through meaningful share repurchases, and this added capacity gives us greater flexibility to continue deploying capital opportunistically," said Green Thumb Founder, Chairman and CEO Ben Kovler.The existing repurchase program will expire on September 22, 2026.Shares closed up 11% to $10.81 on Wednesday on the Canadian Securities Exchange.

$GTII.CN$HMMJ.TO

Mining & Metals152d ago

IsoEnergy Continues Drill Testing at Flatiron, Targets Growth Near Tony M Mine; Provides Bulk Sample Update

IsoEnergy (NYSE American: ISOU and ISO.TO) continues its U.S. exploration program, focused on advancing its uranium projects in southeast Utah, the company said Thursday.The 2026 program will include the completion of seven additional surface rotary drill holes with core tails, totaling 11,000 feet on the Flatiron Project, located in the Henry Mountains uranium district, approximately seven miles northwest of the company's past-producing Tony M uranium mine, IsoEnergy said in a statement. Drill mobilization to the project is complete and drilling is expected to begin shortly, it added.This program builds on three drill holes completed late in 2025 and represents the next phase of systematic drilling at Flatiron, targeting follow-up of historical regional exploration conducted by Plateau Resources in the early 1980s. IsoEnergy staked the 370 lode claims that comprise the project in 2024, later adding two Utah state leases to bring the total land position to 8,800 total acres. The project is one of the largest contiguous land positions in the historical Henry Mountain District, where approximately 1.4 million lbs of U3O8 has been produced to date, Thursday's statement noted.The mining component of the bulk sample at the Tony M Mine, announced on Jan. 7, 2026, has been completed, IsoEnergy said. Working with Gen X Mining Contractors, near 2,100 tons of mineralized material were mined without any injuries or lost time and the material is safely stored at Tony M., it added.Philip Williams, CEO and Director, said: "Restarting drilling at Flatiron and the completion of the Tony M Bulk Sample represent two important components of IsoEnergy's U.S. strategy. Our exploration program is focused on systematically building on decades of historical work to unlock the potential of the Henry Mountain District, while the results from the bulk sample simultaneously aid in de-risking Tony M for production. The data we are generating today will directly shape the economics of our PEA and our path to becoming a uranium producer."Shares in IsoEnergy rose 6.8% in Canada and 7.2% in the United States yesterday. They were at last look down 2.3% in US premarket trade amid losses across US futures markets.

$ISO.TO

Mining & Metals152d ago

Canada's GDP to Rebound in First Two Quarters of This Year, Says CFIB

The Canadian Federation of Independent Business (CFIB) said its estimates and forecasts, in partnership with AppEco, suggest the Canadian economy grew 1.6% in Q1 and is expected to increase to 1.6% in Q2."This strength stems from strong oil and [natural] gas production as well as sustained construction activity," noted Simon Gaudreault, CFIB's chief economist and vice-president of research, in a statement released on Thursday."However, challenges persist and small business-friendly policies, such as the temporary pause on the federal fuel taxes, would provide a much-needed relief for firms that continue to face sky-high operating costs," added Gaudreault.The consumer price index inflation is forecast to be around 2.9% in Q2, noted CFIB in the same statement.After declines throughout last year, private investment is expected to recover by 3.1% in Q1 and 2.9% in Q2.A special analysis this quarter reveals that small firms' investment plans are edging back to their historical average, pointed out CFIB. However, with business confidence indicating cautious optimism, business owners are prioritizing upkeep over expansion projects.The sectoral profile on investment shows that at least two-thirds of firms in every sector plan to invest in employee training, according to CFIB. A strong majority of firms in most sectors look to invest in marketing and promotion, while at least half of firms across most sectors plan to invest in non-Artificial Intelligence technology or equipment.The Q1 2026 private sector job vacancy rate remained unchanged at 2.8%, representing 391,300 unfilled positions.

$CXY

Mining & Metals152d ago

FireFox Gold Provides Update Agnico Eagle's Exploration of Kolho Property, Finland

Agnico Eagle Mines (AEM.TO) has completed about US$2.94 million of exploration expenditures on the Kolho property in northern Finland, FireFox Gold (FFOX.V) said on Thursday.Agnico Eagle has the right to earn a 51% interest in the Kolho property by incurring exploration expenditures totalling US$5.0 million before the fifth anniversary of the earn-in agreement, which was signed in December 2023. Of this, US$2.0 million was required to be spent by the third anniversary of the granting of certain permits.The 2026 diamond drilling program began in early March at the Rova exploration permit with two drill holes, totalling 464 metres. In mid-March the drill rig moved to continue drilling at the Hilla exploration permit to test geophysical and structural anomalies. The three additional holes at Hilla totalled 934 metres of drilling, a statement said."Agnico has established itself as the premier gold explorer and miner in the region, and we are pleased to continue our partnership at Kolho," said FireFox chief executive Carl Lofberg."It is significant that they have now completed two drill programs on the back of results from systematic BoT sampling and geophysical surveys. Much of the property remains substantially unexplored while occupying a very attractive geological setting. We look forward to the results from the ongoing program."FireFox Gold shares closed down $0.03, to $0.63, on the TSX Venture Exchange on Wednesday.

$AEM.TO$FFOX.V

Mining & Metals152d ago

CGI Implements Multi-Agent AI Solution for SOK Finance

CGI (GIB-A.TO) implemented a multi-agent AI solution built on AWS Bedrock for SOK Finance to bring AI into production use in financial administration and customer service, the company said on Thursday.The solution "significantly accelerates" processes such as invoice copy requests and due date changes, "improving efficiency and consistency" compared with previous manual handling, said the company.The solution was deployed in SOK Finance's Palveluassa service center, which provides financial management and payroll services for the S Group, a customer-owned Finnish network of retail and service companies with approximately 2,000 outlets, the company added.The company was responsible for the design, implementation and deployment of the solution, as well as its integration with SOK Finance's key systems, added CGI.

$GIB-A.TO

Mining & Metals152d ago

B2Gold Closes Sale of 70% Stake in Fingold to Agnico Eagle

B2Gold (BTO.TO) has completed the sale of a 70% interest in Fingold Ventures to Agnico Eagle Mines (AEM.TO) for US$325 million, B2Gold said Thursday.Fingold owns several exploration claims adjacent to Rupert Resources' (RUP.TO) Ikkari project in Finland.B2Gold plans to use the proceeds to further strengthen its financial position, to continue to purchase shares under its recently renewed normal course issuer bid, and for general working capital purposes, the company previously said.Aurion Resources (AU.V) owns the remaining 30% in Fingold.

$AEM.TO$AU.V$BTO.TO$RUP.TO

Mining & Metals152d ago

FirstService up 2% in U.S. Pre-Market, Reports Higher Q1 Adjusted Earnings, Revenue

FirstService (FSV.TO) adjusted earnings and revenue for the first quarter both advanced, beating estimates, the company reported on Thursday. FirstService shares are up 2% in New York trading.Adjusted earnings edged up to US$43.5 million, or $0.95 per adjusted share, from $42.1 million, or $0.92 per adjusted share, from the prior year period. Analysts polled by FactSet had expected $0.88 per share.Revenue increased 5% to $1.32 billion over the same period, beating the $1.31 billion forecast."We are pleased with our results to start the year, which were largely in-line with internal expectations across all of our brands," said chief executive Scott Patterson. "Our businesses remain focused on driving market share gains and building growth momentum for the balance of 2026."FirstService shares were last seen up $2.99, to $152.55, in U.S. pre-market trading.

$FSV.TO

Mining & Metals152d ago

First Mining Provides Update on Springpole Gold Project

First Mining Gold (FF.TO) has voluntarily agreed to a short extension to the environmental assessment decision date on the Springpole Gold Project, until June 30, 2026, following discussions with the Impact Assessment Agency of Canada, the company said Thursday.The original IAAC decision date on the Springpole Project was May 22, 2026, and the extension will provide IAAC additional time to complete the final EA report, it noted.Cat Lake and Lac Seul First Nations have completed their independent Anishinaabe Led Impact Assessment (ALIA) on the Springpole Project, said First Mining, adding it supported them in doing that. The communities are preparing to vote, based on the findings of the ALIA, on June 4, 2026, First Mining noted. "The short extension will allow the communities to continue working with the provincial and federal government to achieve the necessary measures to ensure they can meaningfully participate in the Project," the company added.Shares in FF were down $0.02 or near 4.2% at $0.46 in Canada yesterday.

$FF.TO

Mining & Metals152d ago

Pollard Banknote Says Rob Rose to Retire From CFO Role

Pollard Banknote (PBL.TO) announced the planned retirement of Rob Rose from the role of Executive Vice President, Finance and Chief Financial Officer, effective Dec. 31, overnight Wednesday.Rose "has been an integral member of Pollard Banknote's executive management team", over the last 31 years, the company said. An executive search process for his successor has begun.Shares of the company closed up 0.4% to $18.32 on Wednesday on the Toronto Stock Exchange.

$PBL.TO

Mining & Metals152d ago

Mullen Group Says Acquisitions Drove Q1 Growth; Adds "Growing Evidence" Freight Recession Near Needed Inflection Point

Mullen Group (MTL.TO), in the transportation and logistics industries, reported Thursday mixed earnings for the first quarter, but said "the year is off to a good start" as acquisitions are "continuing to drive revenue growth" and added in March "there was growing evidence that the long-awaited freight recession was near the needed inflection point".The company's first-quarter net income was C$21 million, or $0.22 per share basic and diluted, compared to $17.7 million, or $0.20 per share in the corresponding year-ago quarter. It met the consensus forecast at FactSet.For the first quarter, Mullen's adjusted EPS was $0.20 per share, compared with $0.21 per share in the corresponding year-ago quarter.The company's revenue in the first quarter was $547.7 million, compared to $497.1 million in the year-ago quarter. Consensus forecast for sales at FactSet was $544.2 million."The year is off to a good start for our organization with acquisitions continuing to drive revenue growth in the quarter," said Murray Mullen, Chair and Senior Executive Officer. "More importantly, we have added quality companies to our network of independently managed Business Units, a foundation of our acquisition strategy. In addition, the general market conditions showed signs of improving, with demand holding steady and a tightening in supply in several sectors of the trucking and logistics industry. This was evident in the month of March, one of the best months we have seen in a while.""We all know one month is not a trend, but in March there was growing evidence that the long-awaited freight recession was near the needed inflection point," added Mullen. "Demand was solid and supply was tightening. Under this scenario, if it continues, pricing will improve. In saying this we know there are risks on the demand side given the recent increase in fuel prices, which could delay the economic recovery, meaning we must monitor the events very closely. The "Nation Building" narrative is also a positive and from our viewpoint it is only a matter of time as to when these needed projects commence. These projects are all capital intensive and will require a significant logistics component. We will be well positioned to capitalize on the opportunities when they arrive. Until they do, acquisitions will continue to drive growth at Mullen Group."Shares in MTL closed down $0.06 or 0.33% on Wednesday.

$MTL.TO

Mining & Metals152d ago

Mkango Resources, Siemens Collaborate on Rare Earth Magnet Recycling

Mkango Resources (MKA.V) is collaborating with Siemens as part of the company's efforts to advance its rare earth magnet recycling and manufacturing facility in the U.K., Mkango said Thursday.Siemens has incorporated recycled neodymium-iron-boron (NdFeB) magnets produced by Mkango subsidiary HyProMag into a SIMOTICS servomotor rotor this week, Mkango said. Servomotors are used in robotics, tooling machines, packing machines and other applications.The Mkango-Siemens collaboration is focused on transforming old magnets into new high-performance components to close the loop on circularity, Mkango said."The collaboration with Siemens is one example of win-win partnerships being developed by HyProMag, and we are engaging with multiple potential customers across a range of industries," Mkango Chief Executive William Dawes said.HyProMag has produced 9.2 tonnes of recycled NdFeB alloy powder to date following commissioning of the hydrogen processing of magnet scrap vessel last year, of which 7.4 tonnes has been shipped to customers, Mkango added."Mkango aims to provide a one-stop-shop solution for primary and secondary rare earth products across the supply chain, coupled with competitive technology solutions for rare earth magnet recycling via HyProMag and Inserma," Dawes added.

$MKA.V

Showing 6921-6940 of 7542

Mining & Metals152d ago

Mullen Group Says Acquisitions Drove Q1 Growth; Adds "Growing Evidence" Freight Recession Near Needed Inflection Point

$MTL.TO