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Mining & Metals159d ago

S&P Futures Up 0.1% At All Time Highs; U.S. and Iran Consider Two Week Ceasefire Extension

.GSPTSE.^GSPTSE

Mining & Metals159d ago

Titan Extending Kilbourne Graphite Mineralization, Advancing Germanium and 2026 Multi-Commodity Exploration Strategy

$TI.TO

Mining & Metals159d ago

Linamar said Maintaining Its FY26 Guidance Following Recent Amendment of Section 232 Tariffs

$LNR.TO

Mining & Metals159d ago

Emerita Resources Granted Nuevo Tintillo Permit, Appoints David Patterson To Board

Emerita Resources (EMO.V) after the close Wednesday said it was been granted a renewal permit, or investigation permit, for the Nuevo Tintillo property that consists of 227 mining claims comprising 6,874.2 hectares in the Iberian Pyrite Belt in Spain's Seville Province.The company said the investigation permit is granted for a period of three years and may be renewed for additional terms prior to the expiry of each three-year period subject to satisfying the requisite regulatory conditions for an extension.Emerita said it plans a systematic exploration program that is expected to include detailed geophysical ground surveys, and geological mapping to refine the targets for a future diamond drill program.Additionally, Emerita announced that, effective immediately, David Patterson has been appointed as an independent director to the board of directors. Patterson is a seasoned mining and capital markets executive with over 30 years of experience in the financing, administration, and advancement of publicly listed mineral exploration and development companies across North America, the company said.He replaced Michael Jones who has resigned from the board.Company's shares closed up $0.02 at $0.35 on the TSX Venture Exchange on Wednesday.

$EMO.V

Mining & Metals159d ago

Patriot Battery Metals Begins Strategic Caesium Study With Koch Technology Solutions in Quebec

Patriot Battery Metals (PMET.TO) after trade Wednesday said it is starting a strategic testwork program with Koch Technology Solutions (KTS), a division of Koch Inc.The company said the program will evaluate advanced processing methods to produce caesium chemicals from pollucite concentrates at its Shaakichiuwaanaan Project in Quebec's James Bay region.The testwork is expected to run for about the next four months and will use KTS's expertise in developing and commercializing extraction technologies for critical minerals to produce value-added caesium chemical products, the company added."Through this program, PMET furthers its exposure to the significance of critical minerals in the key U.S. market, providing us with an opportunity to capture substantially greater value from this rare and strategically important discovery by working alongside a US industry participant," Chief Executive Ken Brinsden said.The company's shares closed up $0.22 to $5.46 on the Toronto Stock Exchange.

$PMET.TO

Mining & Metals159d ago

HIVE Falls After Hours As Unit Plans US$75 Million 0% Exchangeable Notes Offering

HIVE Digital Technologies (HIVE.V, HIVE) was last seen down 9.3% in after-hours Nasdaq trade after the company on Wednesday said its HIVE Bermuda 2026 subsidiary intends to offer US$75 million of 0% exchangeable senior notes due 2031 in a private placement to qualified institutional buyers.The company said the initial purchasers will have an option, exercisable within 13 days from issuance, to purchase up to an additional US$15 million aggregate principal amount of notes.Net proceeds will be used to subscribe for shares of one or more of HIVE's direct or indirect subsidiaries, which will in turn use the funds for general corporate purposes, capital investment and data center development.The company's shares dropped US$0.23 at last look to US$2.24 after hours. They closed up $0.07 at $3.40 on the TSX Venture Exchange.

$HIVE$HIVE.V

Mining & Metals159d ago

Agereh Technologies Plans $200,000 Convertible Debenture Financing

Agereh Technologies (AUTO.V) after trade Wednesday said it is planning a non-brokered private placement of 5% convertible unsecured debentures for gross proceeds of up to $200,000.The net proceeds will be used for sales and marketing expenses, as well as general working capital, the company said, adding that each debenture will be issued at $1,000, carry 5% annual interest, and mature 24 months from the date of issue, at which point the full principal amount and any accrued but unpaid interest will become due and payable in cash to the holder.The private placement remains subject to regulatory approval, including approval from the TSX Venture Exchange, and may close in multiple tranches as determined by the company, according to the statement.The company's shares last traded Tuesday, closing at $0.065 on the TSX Venture Exchange.

$AUTO.V

Mining & Metals159d ago

Altius Minerals Provides Updates on Its Project-Generation Business, Investment Portfolio

Altius Minerals (ALS.TO) on Wednesday afternoon provided updates on its project-generation business activities and its junior-equities portfolio.The company said as of March 31, the market value of equities in its portfolio had grown to about $70 million from $49.3 million at the end of 2025. It also took part in funding rounds for three companies it already invests in, namely High Tide Resources, Perseverance Metals (PMI.V), and Sun Valley Minerals.The company also plans to invest $4.2 million in TNR Gold (TNR.V), pending TSXV approval. This would give Altius nearly a 10% ownership stake. TNR holds royalty interests in two mining projects in Argentina and as part of the deal, Altius would gain a "right of first offer."Separately, Orogen Royalties (OGN.V) and Altius, through their joint partnership, signed a binding letter of intent on March 2 with Toogood Gold related to a gold project in Nevada. To earn ownership of the Table Mountain project, Toogood will issue nearly 16.7 million shares to the partnership over two years. Altius and Orogen will keep a 3% net smelter return royalty subject to certain partial buydown provisions."As part of its project generation investment mandate Altius continues to evaluate potential exploration alliances and junior equity investment opportunities that support royalty creation across multiple jurisdictions," the company said.The company's shares closed up $0.49 to $52.07 on the Toronto Stock Exchange.

$ALS.TO$MOON.V$PMI.V$TNR.V

Mining & Metals159d ago

Plaza Retail REIT Announces April 2026 Distribution

Plaza Retail REIT (PLZ-UN.TO) on Wednesday declared a monthly distribution of $0.02333 per unit for April, or $0.28 per unit on an annualized basis, unchanged from March's distribution.The distribution will be paid on May 15 to unitholders of record as of April 30, the REIT said.Price: $4.40, Change: $+0.08, Percent Change: +1.85%

$PLZ-UN.TO

Mining & Metals159d ago

Automotive Properties REIT Announces April 2026 Distribution

Automotive Properties Real Estate Investment Trust (APR-UN.TO) on Wednesday declared a cash distribution of $0.0685 per unit for April, equivalent to $0.822 per unit on an annualized basis and is unchanged from March's distribution.The distribution will be paid on May 15 to unitholders of record as of April 30, the REIT said.Price: $11.46, Change: $+0.08, Percent Change: +0.70%

$APR-UN.TO

Mining & Metals159d ago

Organigram Closes the 107.3-Million Acquisition of Germany's Sanity Group

Organigram Holdings (OGI.TO) on Wednesday said it closed its 107.3-million euro acquisition of Sanity Group GmbH.The cannabis company said the purchase price consisted of 78.0-million euros in cash and 29.3-million euros in shares.In connection with the closing, Organigram also closed a 40.3-million euros private placement with BT DE Investments, a subsidiary of British American Tobacco, as well as its senior secured credit facilities of up to C$60 million.Shares of the company were last seen up $0.11 at $2.09 on the Toronto Stock Exchange on Wednesday.Price: $2.09, Change: $+0.11, Percent Change: +5.56%

$OGI.TO

Mining & Metals159d ago

Freehold Royalties Declared Dividend For April 2026 of C$0.09 Per Common Share, Unchanged From Prior Month

$FRU.TO

Mining & Metals159d ago

TomaGold Announced Proposed Private Placement

TomaGold (LOT.V) on Wednesday said that, subject to the receipt of all required filings with and approvals from the TSX Venture Exchange, it plans to complete a non-brokered private placement for gross proceeds of up to $1.5 million.The company said the offering will consist of up to 10 million flow-through (FT) units at a price of $0.075 each, and up to 12.5 million hard cash (HC) units at a price of $0.06 each. It added each HC unit will consist of one common share in the capital of the company and one-half of one share purchase warrant, with each whole warrant entitling the holder thereof to purchase one additional common share at a price of $0.10 for a period of 24 months from the date of issuance.Each FT unit will consist of one common share in the capital of the company that will qualify as a "flow-through share" for the purposes of the Income Tax Act (Canada) and one-half of one warrant, said the company.The company plans to use the gross proceeds from the sale of the FT units to incur exploration expenses that are eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures", as such terms are defined in the Income Tax Act (Canada). It added that the net proceeds from the sale of the HC units will be used by the company for general and corporate working capital purposes.The offering is subject to the approval of the TSXV.The company's shares were last seen down $0.005 at $0.055 on the TSX Venture Exchange.

$LOT.V

Mining & Metals159d ago

DAVIDsTEA Establishes U.S. Distribution Platform

North American tea merchant DAVIDsTEA (DTEA.V) on Wednesday said it has established a U.S. fulfillment platform in Chicago, positioning the company to "better serve American customers and drive profitable long-term growth in the U.S. market."The company said it had begun fulfilling U.S. e-commerce orders through a strategic third-party logistics partner based in Chicago since late March. It added the new fulfillment platform complements DAVIDsTEA's warehouse and logistics operations in Montreal, "bringing inventory closer to U.S. customers, improving service levels, and strengthening the company's ability to grow profitably south of the border"."Following the U.S. government's decision to eliminate the de minimis trade exemption, which allowed goods under US$800 to enter the country without paying duties or taxes, shipping orders from Canada into the United States became more complex and costly," said DAVIDsTEA in a statement. "The resulting customs friction created shipping delays, unpredictable delivery times, and a diminished consumer experience that contributed to a decline in U.S. e-commerce results."Shares of the company were last seen up 1.25% at $0.81 on the TSX Venture Exchange.Price: $0.81, Change: $+0.01, Percent Change: +1.25%

$DTEA.V

Mining & Metals159d ago

Great West Lifeco Remains Top Pick in CIBC Q1 LIfecos Preview

CIBC Capital Markets expects Canadian life insurers to post double-digit year over year earnings per share growth on average.Great West Lifeco (GWO.TO) remains top pick. Analyst Paul Holden expects the company to post the highest Y/Y EPS growth in the first quarter (19%). There is potential upside from a number of growth levers at Empower and a strong demand backdrop for capital solutions, he adds. An Empower bolt-on acquisition is a potential catalyst with estimated EPS accretion of ~6%. The stock is trading at a 6% premium to the group average on P/E, consistent with the historical premium.Manulife (MFC.TO) is another outperformer. Holden is looking for a better quarter from the company, noting that Manulife printed strong headline results last quarter but disappointed the Street on some KPIs. "We look for an improvement in U.S. insurance experience, Asia APE sales and GWAM net flows as potential upside drivers."Holden also wants to see double-digit EPS growth and continued progress towards the 2027 18% ROE objective. Manulife is trading at a 5% discount to the group average P/E and recent history suggests an in-line multiple is possible, he adds.CIBC lifted its Q1 EPS estimates for Great West Lifeco by 2%, Manulife and Sun Life by 1% each due to FX and company-specific factors, and decreased the estimate for iA Financial (IAG.TO) by 5% due to seasonality for U.S. dealer services and auto finance."As a group the stocks have not traded all that great YTD (+2.8% on average), and the discount to the banks on P/E now stands at 15% (five-year average is 11%)," Holden writes. He favors lifecos over banks given the valuation discount and strong fundamentals.Price: $70.45, Change: $+1.18, Percent Change: +1.70%

$GWO.TO$IAG.TO$MFC.TO$SLF.TO

Mining & Metals159d ago

Surge Battery Metals Says Nevada North Lithium JV Gets Additional $2.1 Million Advance by Evolution Mining

Surge Battery Metals (NILI.V) on Wednesday said Nevada North Lithium LLC (NNL), the joint venture formed by units of Surge and Evolution Mining (EVN.AX), received an additional $2.1 million advance from Evolution under the terms of NNL's operating agreement.The company said Evolution previously advanced $4.7 million. That capital, it added, financed the successful 2025 infill drill program, ongoing mineral resource estimate, metallurgical testing, preliminary feasibility study (PFS) engineering and overall mine planning.Surge Battery Metals said the fully funded PFS remains on budget, and the $2.1 million advance will finance continued second-quarter PFS activities."This funding, together with the CA$30,000,000 in the Surge treasury, leaves the company in a strong financial position to move the NNL project forward," said Surge Chief Executive Greg Reimer.Shares of the company were last seen up $0.01 $0.69 on the TSX Venture Exchange.Price: $0.69, Change: $+0.01, Percent Change: +1.47%

$NILI.V

Mining & Metals159d ago

Xtract One Technologies Files Final Base Shelf Prospectus

Xtract One Technologies (XTRA.TO) on Wednesday said it filed a final short-form base shelf prospectus with the securities commissions in each of the provinces and territories, with the exception of Quebec.The company said that the base shelf prospectus allows it to offer and issue up to $70 million of shares, warrants, subscription receipts, units, debt securities, or any combination of such securities during the 25-month period that the shelf prospectus is effective."The company is filing this shelf prospectus to maintain financial flexibility as it advances its business but has no immediate intentions to undertake an offering," added the company.

$XTRA.TO

Mining & Metals159d ago

Stifel Canada Raises Savaria Price Target to $35.00, Maintains Buy Rating, After Investor Day

Stifel Canada on Wednesday raised its price target on the shares of Savaria (SIS.TO) by $4.00 to $35.00 and maintained its buy rating after attending the company's investor day."We ... have high confidence in exceptional management to achieve new goals of $1.6b sales/20% EBITDA margins, backed by recent insider buying," said analyst Justin Keywood. Savaria's revenue target represents 12% CAGR (7-8% organic/~4% inorganic). The target is at the high-end of Keywood's $1.1 billion to $1.3 billion organic estimate as strong aging secular trends continue for the end-to-end assisted lift provider.Savaria will be prioritizing dealer acquisitions to expand territorial coverage and product distribution (e.g. SIS's recent acquisition of Texas-based Baxter Residential Elevators). It will also focus on larger, opportunistic acquisitions that grow the product portfolio and/or fill a niche.Keywood believes tangible progress on European growth will also be key in unlocking a higher re-rating in the stock as growth in the European business has been one of the few reservations for investors.Price: $28.82, Change: $-0.13, Percent Change: -0.45%

$SIS.TO

Mining & Metals159d ago

T2 Metals Raises $7.4 Million in Total After Closing Final Tranche of Non-Brokered Private Placement

T2 Metals (TWO.V) on Wednesday said it closed the final tranche of a non-brokered private placement of share units that raised $68,000.The company said it placed 136,000 units priced at $0.50 and made up of a share and one half of a two-year warrant to buy a share for $0.75 in the trancheIn total, he company placed 14.9-million units in the financing, raising $7.4 million.Shares of the company were last seen down $0.025 to $0.475 on the TSX Venture Exchange.Price: $0.48, Change: $-0.03, Percent Change: -5.00%

$TWO.V

Mining & Metals159d ago

Scryb Changing Its Name to NorthPalm Capital; Shares Up 33%

Scryb (SCYB.CN) on Wednesday said it plans to complete its corporate name change to NorthPalm Capital.The company said the proposed name change follows recent changes in its management team and board of directors.The company further said that the name change has been approved by its board of directors and was approved by shareholders at a March 31 meeting."Under the new NorthPalm Capital, the company plans to focus on timing, execution, and high-growth opportunities, supported by a more disciplined investment approach and the increasing use of AI-enabled workflows to enhance operational efficiency and growth initiatives," the company said.Shares of the company were last seen up $0.04 to $0.16 on the Canadian Securities Exchange.Price: $0.16, Change: $+0.04, Percent Change: +33.33%

$SCYB.CN

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