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Montero Mining and Exploration to Raise C$2.2 Million in a Private Placement of Share Units

Montero Mining and Exploration (MON.V) on Friday said it will raise up to C$2.2 million in a non-brokered private placement of share units.The company will place up to four-million units at C$0.55 apiece and made up of a share and one half of a one-year warrant to buy a share for C$0.70.Proceeds will be used to fund ongoing exploration and drilling at the Elvira Gold project in the Maricunga Gold Belt, advance its other Chilean mineral projects and for general working capital and corporate purposes needs.The company's shares last traded Thursday, closing at C$0.64 on the TSX Venture Exchange.

$MON.V

Mining & Metals33d ago

Grown Rogue Shares up 13%, Says Forming Subsidiary to Acquire Cannabis Assets in New York

Grown Rogue International (GRIN.CN), up 13% on last look, Friday said it is forming a subsidiary, Grown Rogue New York, to acquire PharmaCann's New York license and assets.The assets include PharmaCann's Hamptonburgh cannabis cultivation and manufacturing facility, and four dispensaries under the Verilife brand, two serving both medical and adult-use customers and two operating as medical-only locations.Grown Rogue New York is a 51/49 joint venture with a capital partner. The partner provided an initial $10 million in exchange for a 49% preferred equity interest in GRNY, with Grown Rogue retaining a 51% interest, a statement said.Grown Rogue shares were last seen up C$0.08, to C$0.68, on the Canadian Securities Exchange.Price: $0.68, Change: $+0.08, Percent Change: +13.33%

$GRIN.CN$HMMJ.TO

Mining & Metals33d ago

S&P/TSX Composite Index Jumps 240 Points Mid-Morning Friday, With Base Metals The Best Performer

The S&P/TSX Composite Index jumped 240 points higher in mid-morning trade Friday, with base metals, boosted by higher precious metals prices, up 4%.The utilities and information technology sectors were down 0.6% and 0.8%, respectively.In economic news, retail sales in Canada rose 0.6% month-on-month in June, ahead of Statistics Canada's advance estimate of 0.4%, the agency reported this morning. Sales were up in seven of nine subsectors, led by increases at general merchandise retailers.The sole decrease in core retail sales in June came from food and beverage retailers (-0.4%), StatsCan said.In other news, President Trump's 50% tariffs are set to take effect after midnight. Both Canada and the US have said they are "very close" to an agreement, several media outlets have reported. Several premiers have also publicly stated that Prime Minister Mark Carney asked all provinces and territories to put US alcohol back on their shelves.In stocks, clothing retailer Roots (ROOT.TO) said Friday that it will be acquired by Marquee Brands for C$4.10 per share in cash. The offer price is a 36% premium to the closing price as of March 2, before Roots announced that it was embarking on a strategic review process.

S&P/TSX CompositeS&P/TSX Composite$ROOT.TO

Mining & Metals33d ago

Fairchild Gold Identifies Five Priority Exploration Targets at Nevada Titan

Fairchild Gold (FAIR.V) received independent geophysical interpretation that "materially advanced" its drill-targeting strategy and identified five priority exploration targets for further refinement prior to drill testing at its Nevada Titan project in the Goodsprings Mining District of southern Nevada, it said on Friday.The independent geophysical consultant, Wave Geophysics, identified five priority targets, with targets one and two emerging as the highest priority areas for continued refinement and potential phase one drilling."Our objective is to integrate every available piece of geological and geophysical information before positioning the initial drill holes," said Fairchild Gold chief executive Luis Martins. "If the geological model proves correct, the prize we are pursuing is not simply another historical style mine, but the potentially much larger mineralizing system that may have generated the district's widespread high-grade copper mineralization."The company plans to continue working with its geological and geophysical advisers to further refine the five identified targets and establish a final priority ranking.Shares of the company were last seen unchanged at C$0.06 on the TSX Venture Exchange.

$FAIR.V

Mining & Metals33d ago

InPlay Closes $54.25 Million Acquisition of Oil and Gas Producer

InPlay Oil (IPO.TO) has closed its previously announced acquisition of a private oil and gas producer for C$54.25 million, the company said Friday.InPlay said the transaction will add about 1,400 barrels of oil equivalent per day (boe/d) of production, boosting its total corporate production to 20,100 boe/d.The company said it has identified 50 drilling locations on the newly acquired assets, including over 10 years worth of drilling inventory.Price: $17.75, Change: $+0.38, Percent Change: +2.19%

$IPO.TO

Mining & Metals33d ago

Canada Commodities: Oil And Gold Prices Continue to Climb on Middle East Turmoil, Weaker US Dollar

Oil prices continued to climb Friday morning as the turmoil in the Middle East continued and China, Iran's largest oil customer, rejected economic sanctions against Iran and its trading partners.President Trump this week had vowed to wage economic warfare against Iran, amid the continued closure of the Strait of Hormuz.West Texas Intermediate October crude oil futures, the US benchmark, edged up 0.2% to $86.96 per barrel. October Brent oil futures, the international benchmark, climbed 0.5% to $94.23 a barrel.Comex gold December futures jumped 1.5% to $4,640.50 per ounce, a three-month high, lifted by a weaker US dollar as bond yields continued to rise.In agricultural commodities, wheat futures for December delivery fell 0.4%, to $6.97 per bushel, while canola November futures fell 1% to C$812.30 per tonne.

$CXY

Mining & Metals33d ago

Blue Moon Metals Gets Water Pollution Control Permit

Blue Moon Metals (MOON.V, BMM) was transferred the Water Pollution Control Permit (WPCP) and the Reclamation permit for its Springer tungsten project in Pershing County, Nevada, by the Nevada Division of Environmental Protection (NDEP), through its Bureau of Mining Regulation and Reclamation, into the company's name, it said in a statement late Thursday.The Springer tungsten project's reclamation closure bond has also been approved and posted, it said. Blue Moon Metals is now authorized to start construction activities at Springer, including refurbishment of the existing mill and activities authorized under those permits.Blue Moon also received formal approval of the notice of construction on Aug.18, allowing construction of the tailings dam to begin on schedule."With these permits in hand, we are ready to start construction and on-track for a late 2027 startup, bringing tungsten production back to the United States," said Blue Moon Metals chief executive Christian Kargl-Simard.Shares of the company were last seen up 5.8% at C$7.33 on the TSX Venture Exchange.Price: $7.26, Change: $+0.33, Percent Change: +4.76%

$MOON.V

Mining & Metals33d ago

Blue Ant Media Amends Share Repurchase Program

Blue Ant Media Corporation (BAMI.TO) on Friday said it received Toronto Stock Exchange approval to amend its normal course issuer bid (NCIB) effective Aug. 25,.The amendment increases the maximum number of shares that can be bought back to 1.8 million from 1.1-million. . Buybacks under the bid started on Oct. 20, 2025, and will end no later than Oct. 19, 2026.Blue Ant Media had purchased 108,300 shares under the NCIB, as of July 31.Shares of the company closed up 1.2% to C$5.83 on Thursday on the Toronto Stock Exchange.

$BAMI.TO

Mining & Metals33d ago

Transat Flags C$105 Million in Additional Jet Fuel Costs in Fiscal Q3

Transat A.T (TRZ.TO) on Friday flagged a year-on-year cost increase of C$105 million in its fiscal third quarter due to higher jet fuel prices driven by the prolonged closure of the Strait of Hormuz.The total estimated impact of higher fuel prices on Transat since the US-Iran began reached C$175 million at the end of the third quarter, the airline said.Transat said it is in talks with the federal government to explore potential solutions, adding that its ability to pass the higher fuel costs on to customers remained limited.The company's shares closed up C$0.02 to C$2.37 Thursday on the Toronto Stock Exchange.

$TRZ.TO

Mining & Metals33d ago

Canada's Retail Sales, Excluding Gasoline Stations, Fuel Vendors, Motor Vehicle and Parts Dealers, Up 1.2% M/M in June

$CXY

Mining & Metals33d ago

MustGrow Biologics Secures First Milestone Payment from Bayer

MustGrow Biologics (MGRO.V) on Friday said it received the first development milestone payment from Bayer under a December 2023 agreement to commercialize MustGrow's mustard-based biocontrol technologies for soil applications.Milestone payments and development work under the agreement have an estimated value of $35 million to $40 million over the next five to seven years, MustGrow said.MustGrow said potential additional milestone payments will be linked to additional achievements, and the company will be entitled to royalties and other fees once commercial sales commence.The company's shares closed up C$0.005 to C$0.44 Thursday on the TSX Venture Exchange.

$MGRO.V

Mining & Metals33d ago

Docebo Increases Price and Extends Substantial Issuer Bid

Docebo (DCBO.TO, DCBO) amended its substantial issuer bid under which the company has offered to buy back from its shareholders for cancellation up to $70 million of its outstanding common shares, it said in a statement on Friday.The company amended to increase the price to $25.00 per common share and extended the expiry date of the offer to 5:00 p.m. (Eastern time) on Sept. 8, unless further extended, varied or withdrawn by Docebo. Maximum number of common shares that may be purchased pursuant to the offer has also been decreased to 2.8-million common shares.Shares of the company closed up 0.9% to C$32.41 on the Toronto Stock Exchange.

$DCBO.TO

Mining & Metals34d ago

Bunker Hill Acquiring Silver47 to Create US-Focused Critical Minerals Company

Bunker Hill Mining (BNKR.TO) entered a definitive agreement to acquire Silver47 Exploration (AGA.V) to create a US-focused critical minerals company.The combined company, which will have a pro forma basic market capitalization of $326 million, will rebrand as Bunker Hill Silver and remain listed on the Toronto Stock Exchange, Bunker Hill said Friday.The transaction will combine the Bunker Hill mine in Idaho with Silver47's propect pipeline in Alaska, Nevada and New Mexico.The share exchange ratio implies consideration of $0.67 per Silver47 share, representing a 38% premium to Silver47's Thursday closing price and a 30% premium to its 20-day volume-weighted average price."This is a 'Made in America' transaction at a time when the US domestic mining industry, its investors and the users of U.S. metals need new, ambitious leaders capable of safely building and operating profitable mines as well as conducting highly prospective exploration and other strategic acquisitions," Bunker Hill Executive Chairman Richard Williams said.

$AGA.V$BNKR.TO

Mining & Metals34d ago

Vitalist Q1 Net Loss Narrows

Vitalist (VITA.V) reported first quarter net loss of nil per share compared with net loss per share of C$0.01 a year earlier.Total revenue decreased to C$756,806 in the three months ended June 30, 2026, compared with C$1.5 million, a year-ago. The company said this decrease is related to a reduction in sales volumes due to distributors and retailers selling through inventory instead of re-stocking, partially offset by the unwinding of previously estimated B2B refund provisions.The company's shares last traded Aug. 19, closing at C$0.5 on the TSX Venture Exchange.

$VITA.V

Mining & Metals34d ago

Roots Agrees to Be Acquired by Marquee Brands for C$4.10 Per Share, to Go Private

Roots (ROOT.TO) entered into an agreement to be acquired by global brand management company Marquee Brands through its strategic operating partner, the companies said late Thursday.As part of the transaction, Marquee Brands has partnered with JM&A Design and Development, led by Canadian retail executives Joseph Mimran and Frank Rocchetti.JM&A will serve as the core operating partner for Roots, which will continue to be operated in Canada, according to the companies.Marquee Brands will focus on the Canadian outdoor and lifestyle brand's global expansion, brand management and development of new product categories.Under the deal, Roots shareholders will receive C$4.10 per share in cash. The offer represents a 36% premium to Roots' closing share price on March 2, the last trading day before the retailer announced a strategic review.The transaction is expected to close in the fourth quarter, after which Roots will operate as a privately held company.

$ROOT.TO

Mining & Metals34d ago

Crown Capital Partners Reports Closing Date of Planned Galaxy Sale

The closing date of Crown Capital Partners' (CRWN.TO) sale of subsidiary Galaxy Broadband Communications to Calian Group (CGY.TO) is scheduled to close Aug. 24, Crown Capital said late Thursday.Crown Capital said amendments to its 12% secured subordinated debentures due Dec. 31 will become effective on the anticipated closing date.The transaction was first announced June 25.

$CGY.TO$CRWN.TO

Mining & Metals34d ago

Canstar Resources Extends Promissory Note Maturity to Sept. 16

Canstar Resources (ROX.V) entered into a first amending agreement to extend the maturity date of its July 17 promissory note to Sept. 16 from Aug. 14, the company said late Thursday.The note is in favor of BQS Systematic Equities LP (BQS), an entity controlled by J. Paul Austin III, a director of Canstar.Shares of the company closed down 14% to C$0.06 on Thursday on the TSX Venture Exchange.

$ROX.V

Mining & Metals34d ago

UBS' Long US Dollar-Loonie Position Hits Stop Loss Level as Canadian Currency Strengthens

Temporary strength in Canada's currency brought the US dollar-loonie long trade promoted last week by UBS Investment Research to hit its stop loss level of C$1.38, according to a note Friday.Canada's temporary exemption from the 50% tariffs announced by President Donald Trump under Section 338 gave the country's dollar some support, according to UBS. The greenback was dented by the US Treasury, it added.UBS initiated its trade at C$1.393. It still expects the pair to move back toward C$1.39, as renewed weakness in the loonie could emerge amid continued uncertainty around Canada's growth outlook, the bank said.The Canadian currency was down about 0.4% early Friday to trade at C$1.374.

$CAD$CXY$USD/CAD

Mining & Metals34d ago

Goliath Resources Posts High-Grade Drill Results from Surebet Zone of Golddigger Property

Goliath Resources (GOT.V) reported multiple intersections of high-grade gold at the Surebet Zone of the Golddigger Property in British Columbia, the company said Friday.Highlights of the results include 7.38 grams per tonne gold equivalent over 35.7 meters, including 19.51 g/t gold equivalent over 8.32 m, an extensive mineralized interval near the surface.The results confirmed the continuity and consistency of Surebet mineralization. All drill holes from the 2026 program completed to date have intersected quartz-sulphide mineralization that typically coincide with high-grade gold mineralization.

$GOT.V

Mining & Metals34d ago

Questor Technology Signs Letter of Intent to Acquire Emission Rx

Questor Technology (QST.V) has signed a letter of intent to acquire Calgary-based waste gas combustion service company Emission Rx for up to C$3 million, the company said Thursday.The deal would combine Questor's rental fleet of more than 100 incinerators with Emission Rx's field service support. It would also generate cross-selling opportunities through Emission Rx's installed base of over 800 units across five waste gas combustion product lines. A commercial arrangement with AeroTech Group of Companies would provide Questor with access to fabrication capabilities.The consideration is composed of C$500,000 in cash at closing and C$500,000 in deferred cash payable 12 months after closing; 3.3 million Questor common shares worth about C$1.0 million, and an earn-out of up to C$1.0 million payable upon achievement of certain performance criteria.A deal closing would resolve outstanding litigation between the two businesses. However, the LOI will terminate if a majority of Questor's directors are not re-elected at the Sept. 9 annual general meeting.

$QST.V

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