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TD Launching Agentic AI to "Transform Real Estate Secured Lending from End to End"

TD Bank Group (TD.TO, TD) launched Thursday its first agentic AI model to automate and streamline the application process for mortgages and Home Equity Lines of Credit (HELOC). This is the first step the bank is taking to leverage agentic AI to begin an end-to-end transformation of its Real Estate Secured Lending (RESL) operations, it added.

$TD.TO

Mining & Metals39d ago

Alamos Gold Appoints James Clark as its Vice President of Canadian Operations

Alamos Gold (AGI.TO) appointed James Clark as its Vice President of Canadian Operations and announced other promotions, it said Thursday.Clark has over 20 years of leadership experience and most recently, was the Head of Mining, North America at Barrick Gold (ABX.TO), the company said. U.S.-listed shares of the company were last seen down 1.6% at US$38.90 in pre-market trading.Marcelo Martinez has been promoted to Vice President of Mexico Operations and Scott R.G. Parsons has been promoted to Senior Vice President of Exploration. The company also promoted Adrian Paulse to the role of Senior Vice President of Information Technology.Shares of the company closed up 2.3% to C$54.23 on Wednesday on the Toronto Stock Exchange.

$ABX.TO$AGI.TO

Mining & Metals39d ago

Greenland Resources Joins Robotic Mining Project, Receives EU Grant

Greenland Resources (MOLY.TO) has entered into an agreement with the Lulea Tekniska Universitet of Sweden and 12 other participants to join a project that aims to develop autonomous robotic systems to help develop the Malmbjerg project in Greenland, according to a Thursday news release.Under the agreement, Greenland Resources will receive a non-repayable EU grant of 489,125 euros from Horizon Europe to conduct applied research and implementation work over a four-year period.The aggregate grant of the project for all participants is 7.1 million euros. The project is called Beyond Outreach: Robotised Exploration and Mining in the Arctic Subsurface, or BOREAS.The BOREAS project will deploy fleets of autonomous aerial and ground equipment as robots or add robotic control and capabilities to existing operating equipment with advanced sensors that could be used for various applications in the Malmbjerg project.The robots can potentially undertake mapping and monitor open pit mining activities during dark and inclement winter operations to assist with the geotechnical components of mining operations, among other activities.The enhanced data and information systems will guide operations and promote increased recoveries of the mineral resource as well as environmental compliance.

$MOLY.TO

Mining & Metals39d ago

Mayfair Gold Advancing District-scale Exploration Strategy

$MFG.V

Mining & Metals39d ago

InPlay Says Received TSX Approval for Normal Course Issuer Bid

$IPO.TO

Mining & Metals39d ago

Xanadu Quantum Technologies Announces $300 Million Synthetic At-The-Market Program

Xanadu Quantum Technologies (XNDU.TO) has entered into a synthetic at-the-market equity facility for up to $300 million with YA II PN, Ltd (Yorkville Advisors), the company said on Thursday.It is not clear if the figure is in USD or CAD.The program provides Xanadu with the ability, but not the obligation, to issue and sell to Yorkville Advisors up to $300 million of its Class B subordinate voting shares in private placements over a term of three years, subject to certain limitations and conditions in the Standby Equity Purchase Agreement between Xanadu and Yorkville Advisors dated May 20, 2026 (the SEPA), said the company."The Company expects to access the Program opportunistically, based on prevailing market conditions and valuation levels it believes to be favorable to shareholder value," said the company.The program consists exclusively of treasury offerings by the company, with no secondary sales by existing shareholders, stated the company."In connection with the launch of the Program, the Company plans to file a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (the "SEC"), to qualify the re-sale of shares issued pursuant to the Program by Yorkville Advisors in accordance with applicable U.S. securities laws," added the company.Any net proceeds from the program will be received directly by the company, it said, and added that it plans to use the net proceeds, if any, for working capital and general corporate purposes."The Program will provide us with efficient and flexible access to capital as we continue scaling and executing on our long-term roadmap towards fault-tolerant quantum computing," said Michael Trzupek, Chief Financial Officer of Xanadu. "Our objective is to strategically and prudently tap the equity market to enable us to remain well-positioned to fund our growth strategy."

$XNDU.TO

Mining & Metals39d ago

CGI Expands AI Capabilities in CGI Advantage Platform For Govt

CGI (GIB-A.TO) has expanded the AI capabilities within CGI Advantage, its enterprise resource planning (ERP) platform for state and local government, the company said on Thursday.The new capabilities include "Samantha", CGI Advantage's AI assistant, which answers questions, summarizes information, and guides users through processes using both baseline and client-specific documentation, it said.The AI capabilities will also flag next steps and potential issues based on real-time data and system activity, it added."Government organizations need AI capabilities that meet their requirements for transparency, accountability and policy alignment," said Surabhi Subramanyam, who heads government solutions at CGI. "CGI Advantage embeds AI directly into ERP processes with built-in controls for transparency, security, and oversight, enabling agencies to adopt AI responsibly while keeping people at the center of decision-making and delivering real operational value."CGI shares were last seen unchanged at US$65.40 in New York trading.

$GIB-A.TO

Mining & Metals39d ago

Osisko Development Prices US$275 Million Convertible Senior Notes Offering

Osisko Development (ODV.V) has priced US$275.0 million of 4.125% convertible senior notes due 2031 in a private placement offering to qualified institutional buyers and in a concurrent private placement, the company said on Thursday.The notes priced with a conversion premium of about 25.0% to the last reported sale price per share of the company's common shares, no par value, at $2.94 per common share on the New York Stock Exchange on May 20.Qualified institutional buyers have agreed to purchase $225.0 million principal amount of the Notes in the offering. Double Zero Capital an affiliate of the company, has agreed to purchase $50.0 million aggregate principal amount in the concurrent private placement.Initial purchasers were granted an option to purchase, during a 13-day period starting and including the issuance date, up to an additional $25.0 million of notes.The offering and the private placement are expected to close on May 26 and May 29, respectively, subject to the satisfaction of customary closing conditions.Net proceeds are expected to be used for the development of the Cariboo gold project and for general corporate purposes.A portion of net proceeds will be used to purchase cash-settled capped calls to offset potential economic dilution at a cap price of $5.88 per share, representing a 100% premium to $2.94, being the last reported sale price of the company's common shares on the NYSE on May 20.

$ODV.V

Mining & Metals39d ago

GUIDANCE: (LSPD) Lightspeed Commerce Inc. Expects Q1 Revenue Range US$305.0M to $315.0M

$LSPD

Mining & Metals39d ago

Molson Coors Beverage Company Prices its Private Offering of Canadian Dollar-Denominated Senior Notes in Canada

Molson Coors Beverage Company(TPX-A.TO, TPX-B.TO, TAP) priced its previously announced private placement offering in Canada by Molson Coors International LP, a wholly-owned indirect unit of the company, of C$500 million of 4.300% Senior Notes due 2033, it said overnight Wednesday.Closing of the offering is expected on or about May 27, subject to customary closing conditions. Proceeds will be used for general corporate needs, including the repayment of the C$500 million 3.44% Senior Notes due 2026.U.S.-listed shares of the company were last seen up 0.7% at US$43.07 in pre-market trading.

$TPX-A.TO$TPX-B.TO

Mining & Metals39d ago

Earnings Flash (LSPD) Lightspeed Posts Q4 Adjusted EPS US$0.08 per Share, vs. FactSet Est of $0.11

$LSPD

Mining & Metals39d ago

Earnings Flash (LSPD) Lightspeed Reports Q4 Revenue US$290.8M, vs. FactSet Est of $282.9M

$LSPD

Mining & Metals39d ago

First Mining Commences 2026 Drilling Campaign and Signs Milestone Drilling Partnership with Forage Anicinape at Duparquet Gold Project

$FF.TO

Mining & Metals39d ago

Lightspeed Says Financial Outlook Supersedes All Prior Statements and Is Based On Current Expectations; Updated Its 3-year Targets Based On Divestment of Upserve

$LSPD.TO

Mining & Metals39d ago

Lightspeed Q4 Adjusted Income of US$11.5M, or $0.08 per share Vs Adjusted Income of $15M, or $0.10 Per Share

$LSPD.TO

Mining & Metals39d ago

Lightspeed Q4 Revenue of US$290.8 Million

$LSPD.TO

Mining & Metals39d ago

McEwen Mining Receives US$49.4 Million Dividend from San Jose Mine

McEwen Mining (MUX.TO) has received a US$49.4 million dividend from the San Jose mine in Argentina, the company said in a Thursday news release.This brings total dividends received from San Jose in 2026 to $58.2 million, already exceeding the company's original full-year expectation of $40 million to $50 million.At current gold and silver prices, and assuming operations perform as expected, McEwen expects to fund much of its planned production growth through cash generated by its own assets.The company aims to double production to 250,000 to 300,000 gold equivalent ounces by 2030.McEwen's attributable production from its 49% interest in San Jose is expected to be 59,000 to 64,000 GEOs in 2026.At March 31, 2026, McEwen held $56.5 million in cash and cash equivalents, $13.5 million in marketable securities, $15.7 million face value of McEwen Copper loan, and $457 million and $20.4 million market value of investments in McEwen Copper and Paragon Advanced Labs, respectively.Debt consists of $110 million long-term convertible notes maturing in 2030 and $20 million under a loan term facility.

$MUX.TO

Mining & Metals39d ago

TD Launching Agentic AI to "Transform Real Estate Secured Lending from End to End"

$TD.TO

Mining & Metals39d ago

Alamos Gold Announcing Management Appointments; Including James Clark Joins as VP, Canadian Ops

$AGI.TO

Mining & Metals39d ago

Canada Nickel Announcing $4.97M Private Placement of Flow-Through Shares

Canada Nickel (CNC.V) announced Thursday a non-brokered private placement of an aggregate of up to 2.4 million common shares of the company that will qualify as "flow-through shares", at an issue price of C$2.07 per FT Share, for aggregate proceeds of C$4.97 million.CEO Mark Selby said, "With Crawford in the final stage towards a permitting decision expected by early summer and continued progress on government funding, this flowthrough financing will allow us to continue to advance our Timmins Nickel District where we have now published eight separate resources with a ninth coming later this quarter. We believe that the scale of the Timmins Nickel District makes us unique among nickel developers and positions us to benefit from the continued improvement in global nickel markets and renewed interest in nickel from investors."Shares in Canada Nickel were unchanged at $1.65 yesterday.

$CNC.V

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Mining & Metals39d ago

Xanadu Quantum Technologies Announces $300 Million Synthetic At-The-Market Program

$XNDU.TO