Financial News · Live Terminal

Page 53 of 380

Carlin Gold Proposes to Spin Out of a 5% Net Smelter Return Royalty on its Cortez Property to Shareholders

Carlin Gold (CGD.V) plans to create and then spin out a 5.00% net smelter return royalty on its Cortez Summit Property in Nevada, it said Monday.Carlin Gold expects the royalty to be granted to a wholly owned subsidiary of the company.The company plans to complete the proposed spin-out in 2026, it said."The company intends to distribute the shares of SpinCo ("SpinCo Shares") to the shareholders of Carlin Gold at such time, and on such basis, as management and the board of directors of the company may determine," added Carlin Gold.The company's shares were last seen up C$0.10, or 8.5%, to C$1.28 on the TSX Venture Exchange.Price: $1.28, Change: $+0.10, Percent Change: +8.47%

$CGD.V

Mining & Metals30d ago

Exchange Income to Buy TerraPro for C$30 Million

Exchange Income (EIF.TO) agreed to buy TerraPro for C$30 million, it said in a statement on Monday.The company expects the acquisition to close early in the fourth quarter, subject to necessary approvals. It also plans to issue up to C$4 million in EIC shares to company shareholders to fund the purchase price, with the remainder expected from its credit facility.The purchase price of C$30 million is net of the Sherwood Park, Alberta, property which will be acquired by EIC and subsequently sold with the proceeds being distributed to the TerraPro shareholders, it said. TerraPro manufactures access mats used by the oil and gas industry."In the latter half of 2026, and the years to follow, we expect to see substantial need for access matting solutions," said Exchange Income chief executive Mike Pyle. "The addition of TerraPro will not only boost our Canadian matting fleet, it will further strengthen our team and ability to serve clients across the country."Shares of the company were last seen down C$1.52, or 1.2%, to C$126.26 on the Toronto Stock Exchange.Price: $126.34, Change: $-1.44, Percent Change: -1.13%

$EIF.TO

Mining & Metals30d ago

Clip Money Q2 Loss Halves to $0.01 Per Share

Clip Money (CLIP.V) said Monday its second-quarter loss halved to $0.01 per share from $0.02 per share in the prior year period.Quarterly revenue jumped 42% year over year to $1.9 million. Revenue growth was driven by a 53% increase in new deposit users and a 31% increase in revenue per user, the company, which operates a multi-bank, self-service deposit system for businesses, said.Active customer locations reached 4,378 in the quarter including eight new enterprise businesses ranging from healthcare, convenience, services and specialty retail industries."Our second quarter results demonstrate the growing power and scale of the Clip network. Achieving 42% year-over-year revenue growth while limiting our cost of revenue increase to just 17% highlights the exceptional operating leverage inherent in our model. Furthermore, our channel strategy is picking up significant momentum," said Chief Executive Joseph Arrage.Clip Money shares were last seen down C$0.01 to C$0.16 on the TSX Venture Exchange.Price: $0.16, Change: $-0.01, Percent Change: -5.88%

$CLIP.V

Mining & Metals30d ago

Nanalysis Scientific Down 17%, Says Its Q2 Loss Narrows

Nanalysis Scientific (NSCI.V), down 17% on last look, Monday said that second-quarter loss narrowed to C$0.7 million from C$2.1 million, in the prior-year period.The reduced loss reflects improved business margins, and lower expenses, the scientific-equipment company said. Nanalysis did not provide per share amounts.Revenue edged up 1.5% to C$9.7 million, over the same period."We are encouraged by the continued improvement in our operating performance during the second quarter" said Chief Executive Sean Krakiwsky. "Security Services continued to demonstrate improved margins and operating performance, while Scientific Equipment showed meaningful improvement from the first quarter, supported by manufacturing efficiencies and improved distributor sales. "Nanalysis shares were last seen down C$0.025 to C$0.12 on the TSX Venture Exchange.Price: $0.12, Change: $-0.03, Percent Change: -17.24%

$NSCI.V

Mining & Metals30d ago

Integral Metals to Raise C$1.3 Million in a Non-Brokered Private Placement of Flow-Through Units

Integral Metals (INTG.CN) intends to raise C$1.3 million through a non-brokered private placement of units at C$0.40 apiece, it said after markets closed late Friday.Each unit will consist of a tax-advantaged flow-through share and a transferable 18-month warrant to buy a common share for C$0.50 purchase warrant.Proceeds from the FT shares will be used to incur eligible "Canadian exploration expenses" that are intended to qualify as "flow-through mining expenditures". Closing of the offering is expected on or about Sept. 14.Shares of the company were last seen up 5.5% to C$0.48 on the Canadian Securities Exchange.Price: $0.48, Change: $+0.03, Percent Change: +5.49%

$INTG.CN

Mining & Metals30d ago

Update: Agnico Eagle Mines and Radisson Mining Resources Enters into Subscription Agreement

(Updates share prices in the final paragraph.)Agnico Eagle Mines (AEM.TO, AEM) agreed to acquire around 53.4-million units of Radisson Mining Resources (RDS.V) at a price of C$1.07 each for a total C$57.16 million in a non-brokered private placement, the companies said Monday.Each unit is made up of a Class A common share of Radisson and one-half of a five-year warrant to buy a share for C$1.39.The private placement, expected to close on or about Sept. 2, is subject to certain closing conditions, it said.The investment is expected to help Radisson to start an advanced underground exploration program at its O'Brien Gold Project in the Abitibi region of Quebec, said Radisson.Agnico Eagle and Radisson will enter into an investor rights agreement upon closing of the private placement, Agnico added.Radisson shares were last seen up C$0.14, or 13.8%, to C$1.15 on the TSX Venture Exchange, while Agnico Eagle shares were last seen up C$1.25, or 0.42%, to C$299.07 on the Toronto Stock Exchange.Price: $299.25, Change: $+1.43, Percent Change: +0.48%

$AEM$AEM.TO$RDS.V

Mining & Metals30d ago

NU E Power Signs LOI to Buy a 145 MWac Alberta Solar and Storage Project

NU E Power (NUE.CN) entered into a non-binding letter of intent (LOI) with Proteus Power Developments to buy three Alberta renewable-power project companies, it said in a statement on Monday.The company said the aggregate purchase price would be about C$7.25 million, based on the about 145 MWac contemplated as of the date of the LOI. NU E Power's cash payment at closing would be C$100,000, with the balance of the consideration payable only as the project reaches construction readiness and commercial operation, it said.The three companies control the Hays Project in southern Alberta and should the sale be completed, would be the first project wholly owned by NU E and be its first project to combine solar generation and battery storage.NU E Power expects the completion of the proposed acquisition to increase its portfolio to about 1,258 MW gross and about 760 MW net.Shares of the company were last seen unchanged at C$0.14 on the Canadian Securities Exchange.

$NUE.CN

Mining & Metals30d ago

Thomson Reuters Launches in-House Large Language Model

Thomson Reuters (TRI.TO, TRI) Monday announced the launch of Thomson, its first in-house large language model.Thomson Reuters started rom a strong open-source foundation and invested $40 million to train its model into the "right" intelligence. The result is a model Thomson Reuters fully controls, without the heavy costs of typical frontier models, a statement said.Thomson's first deployment is in the company's CoCounsel Legal, its legal AI assistant, and where a purpose-built model's advantage shows up immediately, it added."For years, the AI industry has treated scale as the answer: bigger models, more compute, more money. Thomson shows there is another path," said Joel Hron, chief technology officer. "Start with a strong foundation, specialize it deeply for the work that matters, and you can build intelligence that is highly capable, far more efficient and entirely under your control. We think that changes the economics of professional AI."Thomson Reuters shares were last seen up C$3.68, or 2.5%, to C$149.07 on the Toronto Stock Exchange.Price: $149.09, Change: $+3.70, Percent Change: +2.54%

$TRI$TRI.TO

Mining & Metals30d ago

Green Thumb Opens a RISE Dispensary in Port St. Lucie, Florida

Green Thumb Industries' (GTII.CN) RISE Dispensaries cannabis retail chain opened new dispensary in Port St. Lucie, Florida on Aug. 22, it said over the weekend.The new location is the company's 24th retail location in Florida, said the company."We're proud to bring trusted, national products like RYTHM and Dogwalkers to patients across the Treasure Coast, and to give back locally through our First Day Profits program in support of Arc of the Treasure Coast," said Green Thumb President Anthony Georgiadis.Shares of the company were last seen down C$0.10 to C$10.45 on the Canadian Securities Exchange.Price: $10.50, Change: $-0.05, Percent Change: -0.47%

$GTII.CN$HMMJ.TO

Mining & Metals30d ago

Flow Capital Invests $6 Million in Integrated Payments Platform

Flow Capital (FW.CN) invested $6 million in a cloud-based payments technology company serving vertical SaaS platforms, financial institutions, and enterprises, it said Monday.The company said the investment will provide working capital to support its growth initiatives and refinance existing debt.The company's shares last traded Aug. 20, closing at C$0.77 on the Canadian Securities Exchange.

$FW.CN

Mining & Metals30d ago

Mayfair Gold Appoints Desmond Tranquilla as Chief Projects Officer

Mayfair Gold (MFG.V) said Monday it appointed Desmond Tranquilla as its chief projects officer.Tranquilla was most recently vice president, projects at Canada Nickel Company (CNC.V), helping advance the Crawford Nickel Project.Mayfair also appointed Ruben Wallin as senior vice president, sustainability. He was most recently vice president, sustainability, at Generation Mining (GENM.TO).Mayfaair Gold is advancing the Fenn-Gib Project in the Timmins region of northern Ontario.Mayfair Gold shares were last seen up C$0.30 to C$4.50 on the TSX Venture Exchange.Price: $4.55, Change: $+0.35, Percent Change: +8.33%

$MFG.V

Mining & Metals30d ago

IsoEnergy Enters into Exploration Agreement with Kineepik Metis Local

IsoEnergy (ISO.TO, ISOU) signed an exploration agreement with Kineepik Metis Local to support "responsible uranium exploration" in Saskatchewan, it said Monday.The agreement will also provide Kineepik community members and businesses with business, employment and training opportunities in connection with the exploration activities, it said."This Agreement formalizes our relationship with Kineepik and establishes a clear framework for ongoing engagement as we advance exploration across our Saskatchewan portfolio," said Chief Executive Officer Philip Williams. "It also provides meaningful opportunities for Kineepik members and businesses to participate in and benefit from our activities."The company's shares were last seen down C$0.30., or 1.8%, to C$16.10 on the Toronto Stock Exchange.Price: $16.01, Change: $-0.30, Percent Change: -1.84%

$ISO.TO$ISOU

Mining & Metals30d ago

Viridian Metals to Raise C$1.0 Million in a Private Placement of Share Units

Viridian Metals (VRDN.CN) intends to complete a non-brokered private placement for up to C$1 million, it said in a statement on Monday.The company will up to 2.2-million units at C$0.45 apiece and made up of a share and one-half of a two-year warrant to buy a share for C$0.60..Proceeds are expected to be used for establishing an investor relations, corporate communications and market awareness budget, and for general corporate and working capital needs, it said.Shares of the company were last seen down 1.5% at C$0.64 on the Canadian Securities Exchange.Price: $0.64, Change: $-0.01, Percent Change: -1.54%

$VRDN.CN

Mining & Metals30d ago

Vector Science Starts Manufacturing Pharma-Grade Peptides

Vector Science & Therapeutics (PAIN.V) said Monday that the first of four planned manufacturing suites at its LyoGenesis Manufacturing facility in Wisconsis is now producing pharma-grade peptides.The first suite can produce 55,000 vials per month, which has been presold, a statement said. The three remaining LyoGenesis Manufacturing suites will come online in the second half of next month.Outside of GLP-1, which manages type 2 diabetes and aids in weight loss, Vector will focus production on top-selling peptides and complementary compounds to meet growing demand for peptides in the US.Vector expects to retain an 80% margin on each sale.The company's shares were last seen up C$0.05, to C$1.88, on the TSX Venture Exchange.Price: $1.88, Change: $+0.05, Percent Change: +2.73%

$PAIN.V

Mining & Metals30d ago

WildBrain Acquires Personality AI

WildBrain (WILD.TO) has acquired Personality AI, effective immediately, for closing consideration of approximately $11 million in cash and 1 million WildBrain shares, it said Monday.Personality AI creates "true-to-life, conversational character AIs" for IP owners and their license partners.An additional consideration of $2 million will also be received by the vendors on the first anniversary of closing, payable in up to 1 million WildBrain shares with any balance in cash, said the company.The company said the agreement also includes additional performance-based cash consideration of up to $56 million in aggregate tied to the Personality AI business achieving certain revenue targets in calendar 2027, 2028 and 2029.Founder and chief executive officer of Personality AI John Goscha is joining WildBrain's executive leadership team with the title executive vice president, Personality AI, added the company.The company's shares were last seen down C$0.02 to C$1.43 on the Toronto Stock Exchange.Price: $1.43, Change: $-0.02, Percent Change: -1.38%

$WILD.TO

Mining & Metals30d ago

S&P/TSX Composite Index Falls 42 Points Mid-Morning Monday, Industrials, Energy, The Worst Performers

The S&P/TSX Composite Index was down 42 points in choppy trade mid-morning Monday, with industrials down 1%, the biggest decliner.The energy sector is the second biggest decliner, shedding 0.7%, as oil prices tracked lower following US threats to impose harsher sanctions against Iran.The best performer was Information Technology, up 0.4%.In economic news, the Canada-US trade talks collapsed at the 11th hour after Canada walked away from the negotiating table over the weekend. Both sides blamed each other for the breakdown in negotiations.

S&P/TSX CompositeS&P/TSX Composite

Mining & Metals30d ago

Canada Commodities: Oil Prices Fall as US Weighs Tougher Sanctions Against Iran

Oil prices fell Monday morning as the US weighs harsher sanctions against Iran. Treasury Secretary Scott Bessent will unveil details later today. Iran meanwhile issued new threats against ships transiting through the Strait of Hormuz.West Texas Intermediate October crude oil futures, the US benchmark, edged down 1.5% to $85.64 per barrel. October Brent oil futures, the international benchmark, fell 1.1% to $93.30 a barrel.Comex gold December futures jumped 1% to $4,726.10 per ounce, a three-month high.In agricultural commodities, wheat futures for December delivery rose 0.9%, to $7.05 per bushel, while canola November futures fell 1.2% to C$789.30 per tonne.

$CXY

Mining & Metals30d ago

Pure Energy Minerals to Acquire Railroad Valley Project in Nevada from Ameriwest

Pure Energy Minerals (PE.V) entered into a non-binding letter of intent to acquire the Railroad Valley property in Nevada from Ameriwest Critical Metals (AWCM.CN).Under the terms, Pure Energy will issue 8 million shares and grant Ameriwest a 2.0% net smelter royalty, Pure Energy said Monday.The property comprises 213 unpatented mineral claims covering a prospective lithium brine target, according to Pure Energy.

$AWCM.CN$PE.V

Mining & Metals30d ago

Scandium Canada Appoints Simon Thibault as President and CEO

Scandium Canada (SCD.V) on Monday said it appointed Simon Thibault as its chief executive, effective immediately,Guy Bourassa, the company's CEO since 2024, will continue to serve on the board and has taken on the role of strategic advisor to management to continue advancing projects related to its Crater Lake project in northern Quebec, it said."Thibault joins Scandium Canada from General Motors, where he has served since 2023 as EV Critical Materials Leader within the Global Purchasing and Supply Chain organization, supporting the sourcing of critical materials for GM's electric vehicle and energy storage programs," the company said.The company also said Pierre Neatby resigned from the board and from his role as chief operating officer to pursue other opportunities.Shares of the company were last seen up C$0.005, or 2.4%, to C$0.215 on the TSX Venture Exchange.Price: $0.22, Change: $+0.01, Percent Change: +2.38%

$SCD.V

Mining & Metals30d ago

Mackay Gold Closes the Acquisition of Comstock's Mining Assets in Nevada

Mackay Gold & Silver (MACK.V) on Monday said it closed its acquisition of Comstock's (LODE) Silver City Lode properties in Nevada, expanding Mackay's total land holdings in the region by 70% to 4,343 hectares.Mackay paid $20 million cash and two-million shares on closing as part of the first tranche of the consideration, the mineral exploration company said Monday.The second tranche, which must be completed by Dec. 21, 2027, consists of $7 million cash, of which up to $2 million can be settled in shares."The historic Comstock District hosted some of the most productive mining ground in nineteenth century America, and we believe there is a lot more gold and silver to be found," chief executive Darwin Green said in a release. "Since the company's inception, Mackay has been intently focused on consolidation of the patchwork of mining properties that make up the district, which we view as a prerequisite to applying the type of modern, large-scale, systematic exploration the district deservesComstock retains a 1.5% net smelter returns royalty on the properties.Mackay shares opened down C$0.02, or 0.7%, to C$3.00 on the TSX Venture Exchange.

$LODE$MACK.V

Showing 1041-1060 of 7592