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Conavi Medical's Fiscal Third-Quarter Loss Widens

Conavi Medical (CNVI.V) reported a fiscal third-quarter loss per share of C$0.06, compared with a loss of C$0.05, a year earlier.The commercial-stage medical-device company's licensing and R&D services revenue rose to C$0.13 million in the three months ended June 30, 2026, compared with C$0.06 million, a year-ago."With the subsequent completion of our $10 million financing, we are now focused on completing the transfer to production and expect our first U.S. clinical placement in H2 2026," said Conavi Chief Executive Officer Thomas Looby.Shares of the company were last seen up C$0.005, or 3.1%, to C$0.165 on the TSX Venture Exchange.Price: $0.17, Change: $+0.01, Percent Change: +3.13%

$CNVI.V

Mining & Metals27d ago

US Dollar Weakens Against The Loonie as Oil And Gold Prices Climb

The US dollar weakened against the Canadian currency Thursday afternoon while oil and gold prices rose as progress on ending the Iran war appear stalled.Both Pakistan and China pushed back against US sanctions on Iran, raising questions about how successful the trade restrictions could be in toppling the regime.The US dollar fell 0.1% to C$1.3858 on last look.West Texas Intermediate October crude oil futures, the US benchmark, rose 0.6% to $82.69 per barrel. October Brent oil futures, the international benchmark, rose 1.2% to $88.88 per barrel.Comex gold futures for December delivery edged up 0.2% to C$4,662.50 per ounce.

$CXY$CAD=X

Mining & Metals27d ago

Aurora Spine Q2 Net Loss Widens

Aurora Spine (ASG.V) reported a second-quarter net loss of $0.01 per share, compared with breakeven per share, a year ago.Net loss was $834,763 in the quarter, compared with net loss of $198,760, in the prior-year period.Revenue decreased to $3.7 million in the quarter ended June 30, 2026, compared with $4.5 million, a year ago. The fall in revenue was due to decreased activity in the pain market, due to lower sales of SI joint products, it said."The second-quarter results were disappointing, reflecting the transition and retooling of our internal sales team, and broader awareness of our now-settled dispute with the underlying patent holder for SiLO TFX and increased competition," said Aurora Spine Chief Executive Officer Trent Northcutt. "As we indicated following the first quarter, we expected the second quarter to be softer as we worked through this transition however the resultant drop in sales was larger than anticipated."Aurora Spine is based in Carlsbad, California, and designs and manufactures spinal implants and pain management technologies.Shares of the company were last seen down 17% at C$0.17 on the TSX Venture Exchange.Price: $0.17, Change: $-0.04, Percent Change: -17.07%

$ASG.V

Mining & Metals27d ago

HPQ Silicon Delivers 30 Battery Packs to European Drone Manufacturers For Final Testing

HPQ Silicon (HPQ.V) and its partner Novacium delivered 10 customized drone battery packs, representing a total of 30, to each of three European drone manufacturers for final evaluation, the company said on Thursday.The current testing is the final stage before potential product qualification, HPQ said.The drone battery packs, using Novacium's silicon-based anode technology, is designed to allow higher energy densities than conventional graphite-anode cells, a statement said."These three separate evaluation programs provide Novacium with an opportunity to assess its technology across different drone platforms and operating requirements," said HPQ Chief Executive Officer Bernard Tourillon.HPQ shares were last seen up C$0.005 at C$0.14 on the TSX Venture Exchange.Price: $0.14, Change: $+0.01, Percent Change: +3.70%

$HPQ.V

Mining & Metals27d ago

Goldrea Resources to Raise C$680,000 Via Non-Brokered Private Placement

Goldrea Resources (GOR.CN) plans to raise C$680,000 through a non-brokered private placement offering of unit and flow-through units, it said in a statement on Thursday.The Vancouver, BC-based company will offer up to 10-million flow-through units (FT units) at C$0.028 each. Each FT unit will be comprised of one flow-through common share and half of a non-flow-through common share purchase warrant with an exercise price of C$0.05 for a one-year period.Up to 20-million units at $0.02 each will also be issued as part of the offering, with each unit composed of one common share and one full common share purchase warrant with an exercise price of C$0.05 for a period of one year, it said.Proceeds will be used to finance its ongoing exploration work at Cannonball located in British Columbia and to pay general administration expenses.Goldrea has mobilized field personnel to complete a C$150,000 exploration program on its Cannonball project. The Ministry of Mines has approved the company's five-year permit applications for IP surveys and drilling on all of the claim groups that comprise the project, it added.The company's shares last traded Aug. 25, closing at C$0.02 on the Canadian Securities Exchange.

$GOR.CN

Mining & Metals27d ago

Aecon Adds C$649 Million to Its Q3 Construction Backlog for the Metrolinx GO Expansion Project

Aecon Group (ARE.TO) said Thursday it will add C$649 million to its construction-segment backlog for the fiscal third-quarter after its joint venture with FCC Canada, ONxpress Civils Contractor General Partnership, secured contracts with Metrolinx for the GO Expansion project in Ontario.The balance of Aecon's share of $65 million was added to its backlog in the second quarter, a statement added."The GO Expansion program is one of the largest infrastructure investments in Canada - transforming transit across growing regions, providing economic benefits, improving mobility, and more efficiently connecting communities for decades to come," said chief executive Jean-Louis Servranckx.Aecon shares were last seen up C$1.12, or 2.5%, to C$45.08 on the Toronto Stock Exchange.Price: $45.08, Change: $+1.12, Percent Change: +2.55%

$ARE.TO

Mining & Metals27d ago

Golden Age Exploration to Raise C$400,000 Via Non-Brokered Private Placement

Golden Age Exploration (GDN.CN) plans to raise C$400,000 through a non-brokered private placement, it said in a statement on Thursday.The company will offer up to 2-million units at C$0.20 apiece. Each unit consists of one common share and one half of one share purchase warrant exercisable at C$0.35 for a one-year period.Proceeds will be used to fund ongoing project-related expenditures and for working capital needs.The company also received minority shareholder approval from the Canadian Securities Exchange to close the acquisition of 100% of the issued and outstanding shares of Mac Minerals Pty Ltd, it said.The company's shares last traded Aug. 24, closing at C$0.22 on the Canadian Securities Exchange.

$GDN.CN

Mining & Metals27d ago

Freeman Gold Begins Baseline Environmental Studies at Lemhi Project in Idaho

Freeman Gold (FMAN.V) said Thursday it launched baseline environmental programs for water and air quality resources at its Lemhi Gold Project in Idaho.The survey programs will build on the project's 2026 feasibility and hydrogeologic studies, a statement added."Initiating these key baseline surveys marks an important milestone in advancing Lemhi towards responsible, fully permitted development. Gathering high-quality, multi-season environmental data ensures our team remains fully aligned with regulatory requirements while establishing a transparent environmental baseline for the project," said chief executive Bassam Moubarak.Freeman Gold shares last traded Wednesday, closing unchanged at C$0.38 on the TSX Venture Exchange.

$FMAN.V

Mining & Metals27d ago

Wescan Goldfields Prepares to Launch Drilling at Munro Lake Project in Saskatchewan

Wescan Goldfields (WGF.V) said on Thursday that it is mobilizing a fly camp at its Munro Lake Project in northern Saskatchewan and expects to start Phase 1 diamond drilling "within days."The company received a three-year drill permit for Munro Lake Project last month.Geophysical surveys are expected to start shortly. Phase 1 of the summer diamond drilling program will consist of up to 2,000 meters of helicopter-supported diamond drilling, a statement said.Wescan shares were unchanged at C$0.16, on the TSX Venture Exchange.

$WGF.V

Mining & Metals27d ago

Neptune Digital Assets Makes $500,000 Investment in Atoms

Neptune Digital Assets (NDA.V) made a $500,000 investment in AI and robotics company Atoms, led by Travis Kalanick, co-founder and former CEO of Uber Technologies, it said in a statement on Thursday.The company's investment was made as part of Atoms' $1.7 billion financing, led by Andreessen Horowitz, it said. The investment was completed "on an arm's-length basis," it added.Shares of the company were last seen unchanged at C$0.66 on the TSX Venture Exchange.Price: $0.65, Change: $-0.01, Percent Change: -1.52%

$NDA.V

Mining & Metals27d ago

Quarterhill Upsizes Private Placement Financing to $45 Million

Quarterhill (QTRH.TO) upsized its private placement of shares by $10 million to raise $45 million, the company said on Thursday.Quarterhill will now issue 18.15 million shares at $2.48 each, along with a 15% over-allotment option. If fully-exercised, financing proceeds will be increased by an additional $6.75 million.Proceeds will be used for general corporate purposes.The company's shares were last seen down C$0.02 at C$2.69 on the Toronto Stock Exchange.Price: $2.69, Change: $-0.02, Percent Change: -0.74%

$QTRH.TO

Mining & Metals27d ago

Mene Swings to Net Income in Q2

Mene (MENE.V) reported second quarter net income of C$0.5 million late Wednesday, compared with net loss of C$0.4 million, a year earlier.The jewelry company said revenue increased to C$7.5 million in the three months ended June 30, 2026, compared with C$5.6 million, a year-ago.The company's shares last traded Wednesday, closing at C$0.15 on the TSX Venture Exchange.

$MENE.V

Mining & Metals27d ago

Canadian Dollar Slips Towards C$1.39 Against The US Dollar Amid Oil, Trade Headwinds, Rosenberg Research Says

The Canadian dollar has weakened back towards C$1.39 as lower oil prices and renewed US-Canada trade tensions weigh on the currency, according to Rosenberg Research in a Thursday note.WTI oil price fell 1.4% to around $81 a barrel amid reports of progress in Iran-Oman talks that could open a temporary shipping route and enable mine clearance in the Strait of Hormuz, said Rosenberg Research.The Canadian dollar is now around C$1.39, just a week after testing C$1.37, with the 50-day moving average near C$1.4050 the next key technical level to watch, added Rosenberg.With Canada holding firm in its trade dispute with the US, further punitive measures from President Donald Trump remain a key downside risk for the Canadian dollar, according to Rosenberg.

$CAD$CXY$USD/CAD

Mining & Metals27d ago

S&P/TSX Composite Index Down 145 Points Mid-Morning Thursday, With Financials The Worst Performer

The S&P/TSX Composite Index was down 145 points mid-morning Thursday, extending losses below a recent record high as the financials and healthcare sectors posted the heaviest losses.Financials fell 1.5%, followed by the healthcare sector, which was 1.3% lower. Bank and insurance stocks were lower on last look, with CIBC (CM.TO) slipping 4.5%. The bank had reported a third-quarter earnings beat earlier in the morning. Also lower were TD Bank (TD.TO) and RBC (RY.TO), both of which also reported earnings beats.Information technology, up 2.6%, saw the biggest gains. Technology stocks also rose, boosted by Nvidia's earnings beat and robust revenue guidance.

S&P/TSX CompositeS&P/TSX Composite

Mining & Metals27d ago

EverGen Infrastructure Q2 Net Loss Narrows

EverGen Infrastructure (EVGN.V) reported a second-quarter loss of C$0.01 per share compared with C$0.10, a year earlier.Revenue increased to C$4.8 million in the three months ended June 30, 2026, compared with C$2.8 million, a year ago.Shares of the company were last seen unchanged at C$0.49 on the TSX Venture Exchange.

$EVGN.V

Mining & Metals27d ago

Canada Commodities: Oil Prices Rise as US Sanctions on Iran Meet With Pushback

Oil prices rose Thursday morning as Pakistan stated it was not required to abide by US sanctions since they were not imposed by the United Nations, several media outlets reported.Earlier this week, China also rejected US sanctions against Iran.The UK's Maritime Trade Operations also reported an incident in the Strait of Hormuz on Aug. 26, where a tanker was hit by an "unknown projectile" that caused a vessel fire that was later extinguished.However, Iran and Qatar discussed the possibility of clearing the Strait of Hormuz of land mines in a joint effort. Qatar's prime minister, who is also its foreign minister, is currently in Iran, Reuters reported.West Texas Intermediate October crude oil futures, the US benchmark, rose 0.6% to $82.71 per barrel. October Brent oil futures, the international benchmark, also rose 1.2% to $88.91 a barrel.Comex gold December futures edged down 0.6% to $4,625.80 per ounce.In agricultural commodities, wheat futures for December delivery rose 0.2%, to $7.50 per bushel, after rising to a contract high at $7.67 per bushel. Canola November futures fell 0.9% to C$791.40 per tonne.

$CXY

Mining & Metals27d ago

Covalon Technologies Q3 Net Income and Revenue Rise

Covalon Technologies (COV.V) reported third quarter earnings per share of C$0.10, compared with breakeven per share, a year earlier.Net income was C$2.8 million in the quarter, compared with C$64,567 in the prior-year period.Revenue increased to $10 million in the three months ended June 30, 2026, compared with C$8.4 million, a year-ago.Shares of the company were last seen up 28% at C$2.95 on the TSX Venture Exchange.Price: $2.95, Change: $+0.66, Percent Change: +28.82%

$COV.V

Mining & Metals27d ago

CareRx Closes New Credit Agreement with National Bank of Canada

CareRx (CRRX.TO) has closed a new credit agreement with National Bank of Canada, the pharmacy services provider said Thursday.The agreement includes a senior secured revolving operating facility worth up to C$20 million, a senior secured term loan worth up to C$40 million, and a senior secured facility worth up to C$10 million.CareRX said it can increase the principal amount of the revolving facility and senior secured facility by up to an aggregate of C$20 million."The new credit agreement will strengthen our balance sheet, lower our overall cost of capital, and give us dedicated capacity to invest in the business," CEO Puneet Khanna said.Price: $3.23, Change: $+0.03, Percent Change: +0.94%

$CRRX.TO

Mining & Metals27d ago

NEO Battery Materials Secures Direct Supply Order from Korean Army

NEO Battery Materials (NBM.V) has secured its first direct supply order for military-grade drone battery packs from the Republic of Korea Army.The company has also received drone battery orders from companies in the US, South Korea, and Japan, NEO said Thursday.In addition, NEO said it advanced its strategic relationship with Assetta through an order of battery management systems for a government procurement program.Price: $0.18, Change: $+0.01, Percent Change: +2.86%

$NBM.V

Mining & Metals27d ago

One Bullion Starts 2026 Diamond Drilling Program at Vumba Gold Project

One Bullion Limited (OBUL.V) on Thursday said it launched a drilling program at its flagship Vumba Gold project in Botswana.The company's 2026 exploration drilling program plans about 3,000 meters of drilling across ten holes and follows a technical review of historic and recent drilling, trenching, surface geochemistry, geological mapping and its recently completed high-resolution airborne magnetic survey, it said."The focus of this program is to move Vumba from identifying gold mineralization to defining the geometry, continuity and structural controls of the system. The results will help us build a stronger three-dimensional geological model, refine our understanding of the highest-priority zones and position the company for the next phase of systematic exploration," chief executive Adam Berk said in a release.Shares of the company closed unchanged at C$0.485 on Wednesday on the TSX Venture Exchange.

$OBUL.V

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