Financial News · Live Terminal

Page 7 of 206

Magna Mining to Graduate to Toronto Stock Exchange

Magna Mining (NICU.V) will graduate to the Toronto Stock Exchange from the TSX Venture Exchange at market open June 23.The company will continue to trade under the symbol NICU, and its common shares will be delisted from the TSXV effective at the start of trading on the TSX, Magna said Friday.Magna Chief Executive Officer Jason Jessup said the transfer is expected to improve its investment-community profile and trading liquidity and reflects progress made in its goal to build a new, Sudbury-focused Canadian mining company.

$NICU.V

Mining & Metals4d ago

MDA Space to Buy Blue Canyon Technologies For US$620 Million

MDA Space (MDA.TO, MDA) signed a US$620 million deal to buy 100% of US-based spacecraft and satellite component manufacturer Blue Canyon Technologies' membership interests.The Canadian space technology company said Friday it expects the deal to expedite its growth strategy and expand its manufacturing footprint, thanks to Blue Canyon's two manufacturing facilities in Colorado. It also expects a US$3.5 billion boost to its opportunity pipeline from the acquisition.Closing of the all-cash transaction is expected by the end of 2026, subject to purchase price adjustments and other terms and approvals.Blue Canyon Technologies is part of RTX's Raytheon business.

$MDA.TO

Mining & Metals4d ago

Hayasa Metals Launches Drill Program at Urasar Project in Armenia

Hayasa Metals (HAY.V) is launching a drill program at its Urasar Project in Armenia, the company said on Friday.The 1,000-metre diamond drilling program will consist of two drill holes targeting the Oxide Basin and Silica West prospects. A drill rig is being mobilized to site with the first hole expected to be collared Friday, Hayasa said.Last month, the company completed a six-line, 53-station audio-magnetotelluric (AMT) geophysical survey at Urasar. Interpretation of the resistivity data identified several zones that could correspond to sulfide mineralization intersected in other drill holes, a statement added."The 2026 data set shows several near-vertical structures in the westernmost profiles that occur beneath zones hosting anomalous gold and copper surface geochemistry as well as strong to intense alteration. Now it's time to drill test these targets," said Hayasa president Dennis Moore.Hayasa Metals shares last traded on June 17, closing at $0.075 per share.

$HAY.V

Mining & Metals4d ago

Ag Growth International Forms a Strategic Review Committee

Ag Growth International's (AFN.TO) board of directors has formed a strategic review committee to review alternatives to "maximize shareholder value", it said after markets closed on Thursday.The strategic review committee includes Gary Anderson, George Armoyan and Mick MacBean, said the company. They serve as independent directors of the company, it added.

$AFN.TO

Mining & Metals4d ago

xTAO Board Authorizes Normal Course Issuer Bid

xTAO (XTAO-U.V) said overnight Thursday that its board has authorized a normal course issuer bid.The technology company, which is building infrastructure for Bittensor, an open source protocol, and its AI system, may buy back up to 1.43 million shares. The proposed normal course issuer bid is subject to TSX Venture Exchange approval.xTAO did not purchase any shares in the previous 12 months.xTAO shares last traded on June 17, closing at $0.47 per share.

$XTAO-U.V

Mining & Metals4d ago

AIS Resources to Raise Up to C$644,000 in Private Placement of Units

AIS Resources (AIS.V) launched a nonbrokered private placement of 4.6 million units, priced at C$0.14 per unit, for gross proceeds of C$644,000.The private placement is with strategic investor Phillip Richards of RAB Capital, the natural resources exploration and development company said on Friday. Proceeds were earmarked for exploration of the company's New Brunswick projects and general working capital.Each unit is composed of one AIS common share and one-half of one transferable share purchase warrant, entitling the holder to buy one common share for $0.20 per warrant share for a three-year period.

$AIS.V

Mining & Metals4d ago

Goldflare to Acquire Mexico's Quitovac Gold Project, Plans Leadership Changes

Goldflare Exploration (GOFL.V) is proposing to acquire all of the issued and outstanding shares of Quitovac Gold Holdings subsidiary Minera Granite under a non-binding letter of intent, the company said Thursday.At deal closing, Granite will become a subsidiary of Goldflare and will be the registered and legal owner of the Quitovac gold project in Sonora, Mexico, with Goldflare indirectly owning 100% of the project. The project contains 11 mineral concessions.The transaction also includes rights to acquire an additional 2,000 hectares surrounding these concessions, expanding the project area to 9 square miles.As consideration, Goldflare will issue 16 million of its common shares to Quitovac Gold Holdings.For the deal to close, Quitovac Gold Holdings must complete an equity financing of at least C$900,000 prior to execution of a definitive agreement. Goldflare must also complete a concurrent equity financing for gross proceeds of about $4 million.At deal closing, Quitovac Manager Mark Isaacs will be appointed president and chief executive officer of Goldflare. The Goldflare board will be reconstituted to comprise five directors, composed of two current Goldflare directors and three designated by Quitovac Gold Holdings.

$GOFL.V

Mining & Metals4d ago

Canadian Gold Resources Details 2026 Exploration Program for Quebec Projects

Canadian Gold Resources (CAN.V) detailed its 2026 exploration program in Quebec to advance its three exploration-stage assets portfolio, the company said Thursday.The program for Lac Arsenault, Robidoux and VG Boulder will include reconnaissance prospecting, geological mapping and soil geochemistry surveys to refine the company's geological models, identify and prioritize new areas of interest and pinpoint targets for future drilling campaigns.In late summer or fall, Canadian Gold expects an expanded diamond-drilling campaign at its flagship Lac Arsenault property and a diamond-drilling program in Robidoux. At the VG Boulder property, reconnaissance prospecting and soil geochemistry surveys are scheduled to support follow-up drilling later in the year.

$CAN.V

Mining & Metals4d ago

Stingray Group to Repurchase Shares from La Caisse Subsidiary for C$15.4 Million

Stingray Group (RAY.TO) will repurchase for cancellation 1 million of its subordinate voting and variable subordinate voting shares from La Caisse subsidiary CDP Investissements for C$15.4 million.Stingray will repurchase the shares using cash on hand at C$15.40 apiece, representing a discount of 5.1% to the stock's closing price on the Toronto Stock Exchange on Thursday, the streaming media company said postmarket on the same day.As part of its periodic portfolio rebalancing, La Caisse will also sell 2.3 million Stingray subordinate voting and variable subordinate voting shares through a block trade underwritten by National Bank Financial and Desjardins Capital Markets. It will continue to hold a nearly 10% stake in Stingray.

$RAY.TO

Mining & Metals4d ago

Valeura Energy Completes Drilling Campaign on Nong Yao Field in Offshore Thailand

Valeura Energy (VLE.TO) has completed an eight-well drilling campaign on the Nong Yao field in the offshore Gulf of Thailand, its largest producing asset.The drilling campaign further increases production from the field, the oil and gas exploration and production, company said Friday.Valeura drilled eight new wellbores, composed of one appraisal well and seven horizontal development wells. All wells encountered their targets successfully.Prior to this campaign, production rates at Nong Yao averaged 8,870 barrels per day in the seven-day period ending April 4, but they have since risen to rates of about 10,500 bbls/d in the seven-day period ending June 16.The drilling campaign also includes Valeura's first-ever successful multi-lateral well and the first with this level of complexity in Thailand, the company said. It company noted it sees potential for multi-lateral drilling across its portfolio, and is exploring its forward drilling schedule to find "suitable candidates" on its other Gulf of Thailand fields.

$VLE.TO

Mining & Metals4d ago

Alamos Gold Down 2.9% After Hours as It Lowers Q2 Guidance for Its Young-Davidson Mine

Alamos Gold (AGI.TO, AGI) was down 2.9% in after-hours New York trading after the company on Thursday said it is lowering quarter production guidance on lower production from its Young-Davidson mine in northern Ontario following two seismic events at the mine and a power outage following storm damaged regional electricity infrastructure.The company said the seismic events caused no injuries, but damaged mine infrastructure and limited access to high-grade stopes. It expects tonnage to drop to 5,000 tonnes per day for the remainder of the year.A storm late in May damaged the power line that connects the town of Kirkland Lake to the mine, causing three days of downtime.The company said it now expects the mine to produce 130,000 to 135,000 ounces of gold in the second quarter, in-line with first-quarter output but below guidance."We are disappointed with the operational challenges at Young-Davidson, and are working diligently to review and optimize the mining sequence to support higher mining rates going forward. The first half has been challenging, but we expect stronger production into the second half of this year," chief executive John McCluskey said.The company's shares were last seen down US$1.06 to US$35.28 after hours. They closed down C$1.33 to US$51.40 on the Toronto Stock Exchange.

$AG!$AGI.TO

Mining & Metals5d ago

Graphite One Hires Engineering Firm to Design and Integrate Equipment for Its Planned Graphite Facility

Graphite One (GPH.V) on Thursday said it advanced a plan to build an advanced graphite materials facility in Oho, hiring a global engineering and production line integration provider to design and integrate the plant's manufacturing equipment.The company said the facility aims to produce active anode materials, the largest component in lithium-ion batteries. Financing for the project has not yet been arranged."We are moving beyond planning and into the detailed engineering and implementation phase required to build a battery materials manufacturing operation. Bringing on a highly experienced production integration team reduces execution risk, accelerates our development timeline, and positions us to efficiently scale production as demand for domestic graphite continues to grow," chief executive Anthony Huston said.The company's shares closed down $0.04, or 3.7%, to $1.05 on the Toronto Stock Exchange.

$GPH.V

Mining & Metals5d ago

Saputo Completes Sale of 80% of Argentine Dairy Division For $543 Million

Saputo (SAP.TO) on Thursday said it completed the sale of an 80% interest in its Dairy Division (Argentina) to Gloria Foods.Saputo received $543 million in net proceeds, and continues to retain a 20% ownership interest in the business, it added in a statement.The Argentina platform will continue to manufacture select products for Saputo.Saputo shares were last seen up $0.56 to $41.13 on the Toronto Stock Exchange.Price: $41.15, Change: $+0.58, Percent Change: +1.43%

$SAP.TO

Mining & Metals5d ago

Adyton Gets Approval From MRA for 20,000 Tonne Bulk Sample at Wapolu Gold Project

Adyton Resources (ADY.V) on Tuesday said it received approval from Papua New Guinea's Mineral Resources Authority (MRA) for its application to vary Exploration Licence EL 2549, allowing a bulk sample extraction and processing of about 20,000 tonnes of ore from the Wapolu Gold project.Exploration Licence 2549 is currently the subject of an Environment Permit application, Mining Lease Application 1390, and Lease for Mining Purposes 152, it said."The ability to mobilise ahead of Mining Lease approval enables us to accelerate key development activities including, metallurgical testing, process optimisation and the production of concentrate samples for customer qualification and pricing," said Chief Executive Tim Crossley. "This approval keeps us firmly on track as we work to unlock the value of this high-quality gold project and progress Wapolu towards production."Shares of the company were last seen up $0.005 t0 $0.32 on the TSX Venture Exchange.Price: $0.32, Change: $+0.01, Percent Change: +1.59%

$ADY.V

Mining & Metals5d ago

Trican Well Service Appoints Kiren Singh to Its Board of Directors

Trican Well Service (TCW.TO) on Thursday said it appointed Kiren Singh to its board of directors, effective June 18.Singh will also serve as a member of the board's audit committee and corporate governance committee, the company said.Singh, who is the founder and chief executive officer of haskalife, currently is on the board of Cavvy Energy Ltd (CVVY.TO), where she chairs the audit and risk committee, added the company."Kiren is a seasoned C-suite executive with extensive oil and gas experience and strong finance, technology and risk management expertise," said Board Tom Alford. "Her strategic insight and leadership will be a valuable addition to our Board."The company's shares were last seen down $0.09 to $6.84 on the Toronto Stock Exchange.Price: $6.84, Change: $-0.09, Percent Change: -1.30%

$CVVY.TO$TCW.TO

Mining & Metals5d ago

KDA Group Says Medherize Platform Evaluation Shows "Measurable Benefits" in Breast Cancer Patient Care

KDA Group (KDA.V) on Thursday said an evaluation of its digital platform Medherize in breast-cancer patients care showed "measurable benefits" for patients and care teams.The evaluation was conducted by the Breast Disease Centre of CHU de Quebec - Universite Laval, on 243 patients with breast cancer on certain targeted oral therapies between September 2025 and March 2026.According to a statement, the platform adoption rate was 97% among eligible patients and treatment adherence of 93% surpassed the 70% to 90% generally reported in the literature for oral oncology treatments. More than four in five or 86% were satisfied with the clarity of information, KDA added.Care teams also reported an 80% decline in medical consultations and administrative interventions, along with a halving (52%) in the "required pharmacist full-time equivalent"."These results confirm what we set out to achieve in designing the Adherize+ platform with the Medherize module: to refocus teams' attention on clinically significant situations while strengthening patient autonomy. That an independent evaluation conducted in a hospital setting demonstrates this is an important validation for the future," said chief executive Jean-Marc Leveille.KDA shares last traded on June 15, closing at $0.075 on the TSX Venture Exchange.

$KDA.V

Mining & Metals5d ago

Alaris Equity Partners Income Trust Declares Q2 Distribution

Alaris Equity Partners Income Trust (AD-UN.TO) on Thursday declared a trust distribution of $0.38 per unit for the second quarter. The distribution is payable on July 15 to unitholders of record on June 30d.Alaris' board of trustees approved a 3% increase to the distribution in April. Its first quarter trust distribution was $0.37 per trust unit.Price: $24.15, Change: $+0.02, Percent Change: +0.08%

$AD-UN.TO

Mining & Metals5d ago

BCE Unit Bell Canada, Cohere, Hypertec and BUZZ HPC Enters Deal to "Advance Sovereign AI in Canada"

BCE's (BCE.TO, BCE) Bell Canada unit, along with Cohere, Hypertec and Hive Digital Technologies' (HIVE.V, HIVE) unit BUZZ High Performance Computing (HPC) entered into an AI-infrastructure deal, to develop and deploy "advanced" AI workloads on sovereign Canadian infrastructure, it said on Thursday.The companies plan to build the "conditions needed to conduct the critical R&D needed for AI models" using Canadian infrastructure, with Canadian partners, it said. Bell will provide data-center capacity and connectivity services from its Merritt, British Columbia, facility.BUZZ HPC will deliver the AI-native cloud layer using Hypertec's Canadian-built hardware cluster and NVIDIA accelerated computing to support production-grade AI workloads, it said. Cohere will use Bell AI Fabric infrastructure to operate its foundation models and support secure enterprise-grade AI solutions for government and enterprise customers, it added.Shares of BCE were last seen up $0.085 to $32.995 on the Toronto Stock Exchange.Price: $32.99, Change: $+0.08, Percent Change: +0.24%

$BCE.TO$HIVE.V

Mining & Metals5d ago

DIAGNOS to Issue Shares for To Settle $125,000 of Debt

DIAGNOS (ADK.V) on Thursday said it plans to settle two arm's-length demand loans totaling $125,000 by issuing the lenders 625,000 shares with a deemed price of $0.20 each.The AI eye-healthcare company expects the debts to be settled on June 25, with accrued interest to be settled in cash."The settlement remains subject to regulatory compliance including TSX Venture Exchange acceptance," added the company.The company's shares were last seen down $0.01 to $0.21 on the TSX Venture Exchange.Price: $0.21, Change: $-0.01, Percent Change: -4.55%

$ADK.V

Mining & Metals5d ago

Cascades Upgrades Tissue Paper Production Facility at Granby in Quebec

Cascades (CAS.TO) is installing a new tissue converting line at its Granby, Quebec facility to increase production capacity, the company said on Thursday.The new equipment cost $15 million and will be installed over nine months. It has a capacity of three million cases, and is meant to addresses retail customer demand for regular and multi-pack toilet paper formats, according to Cascades. Output is set to begin in Q4, the company said."This investment reflects our commitment to being the partner of choice for our customers by adapting with agility to market realities," Chief Executive Hugues Simon said. "The installation of this new modern line is fully in line with our long-term growth strategy."Cascades said the equipment is in addition to a $14 million investment made in recent years. Cascades' stock was up 1.5% recently to trade at $11.22 on the Toronto Stock Exchange.Price: $11.23, Change: $+0.17, Percent Change: +1.54%

$CAS.TO

Showing 121-140 of 4101