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Earnings Flash (VRTS.TO) Vertiqal Studios Reports Q1 Revenue $726K, Up 2.9% YoY

$VRTS.TO

Earnings Flash (STG.TO) STRACON Group Reports Q1 Revenue US$167.2M, Up 1% YoY; Backlog Grows to US$2.29B

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Canopy Growth Adds "No Impact on Core Operating Performance"

Canopy Growth Says During YE Financial Reporting Process For Fiscal Year Ended March 31, 2026, the Co Identified a Technical Non-cash Accounting Error

Canopy Growth Also Plans to File Restated Financials for Fiscal Years Ended March 31, 2025 and March 31, 2024 and Certain Interim Periods

Canopy Growth Expects to Release Financial Results for Quarter and Fiscal Year Ended March 31, 2026, Before Markets Open on June 15, 2026

Else Nutrition Reports Narrower Loss, Lower Revenue for First Quarter

Else Nutrition (BABY.TO) after trade Friday said its first-quarter revenue fell while its loss narrowed year-over-year.The food and nutrition company reported a loss for the quarter ended March 31 of $0.6 million, compared with a loss of $3.4 million a year ago. Operating expenses fell 45% to $1.2 million from $2.2 million in the year-prior quarter."These results demonstrate the impact of the restructuring and efficiency initiatives we have implemented over the past year, including streamlining lower-margin activities and optimizing marketing spend," Chief Executive Hamutal Yitzhak said.Revenue fell to $1.5 million from $2.1 million a year ago, "mainly due to out-of-stock (OOS) challenges, our operational initiatives resulted in a significant improvement in profitability metrics and overall cost structure," Yitzhak added.Gross margin was up 40% compared with 24% in the first quarter of 2025, according to the statement."We are working diligently to produce more products, to reduce and eventually eliminate the damaging OOS situations, yet our production capabilities depend on our free cash position," the CEO said.The company's shares closed down $0.005 to $0.04 on the Toronto Stock Exchange.

$BABY.TO

TerraVest Industries Acquires Colter Energy

TerraVest Industries (TVK.TO) on Friday said acquired the Canadian assets of Colter Energy LP, through one of its subsidiaries. .Based in Alberta, Colter provides flow back and production testing equipment and services to the Canadian energy industry.Financial details of the deal were not closed. TerraVest said the acquisition was funded utilizing cash on hand and a new credit facility.The company's shares closed up $0.73 to $132.75 on Toronto Stock Exchange.

$TVK.TO

Sherritt International Moves to Dissolve Cuban Joint Ventures After U.S. Sanctions Expansion

Sherritt International (S.TO) said Friday it plans to dissolve its Moa joint venture in Cuba following expanded U.S. sanctions on the country under a May 1 executive order.Under the proposed dissolution, Sherritt would become the sole owner of the Canadian refinery tied to the Moa JV, while its Cuban partner, General Nickel Company (GNC), would take ownership of the Cuban corporations. Sherritt would relinquish its Cuban assets and expects the dissolution process to result in a fair market value equalization payment owing from GNC to Sherritt, in addition to the approximately $277 million owed from GNC to Sherritt, the company said.The company also plans to exit its one-third stake in Energas and its oil and gas exploration and drilling contracts in Cuba, with no expected compensation for those interests, Sherritt said, adding it is seeking court approval to speed up the dissolution process."The intended outcome of the foregoing actions is to allow Sherritt to most definitively address the executive order by eliminating Sherritt's Cuban interests," the company said, adding that it has informed Cuban authorities of its plans and aims to complete the process as soon as possible. "There is no certainty, however, that such outcomes will be achieved."Sherritt shares were last seen up $0.005 to $0.115 on the Toronto Stock Exchange.

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National Bank Also Sees Deal As Positive Financially (Accretive to EPS and Achieving 15% IRR Target)

National Bank Believes This Potential Transaction Would Be a "Nice Win" for IFC Strategically (Global Commercial and Specialty Insurance Expansion)

National Bank Notes Insurance Post Reported that Intact is Exploring a Potential Bid For Hiscox, a UK-based Global Insurer that Trades in London

Intact Financial Potential Acquisition of Hiscox "Would be Positive Strategically and Financially", says National Bank

Cineplex Partners with TSN to Screen Select FIFA World Cup 2026 Matches Live in Theatres

Cineplex (CGX.TO) will be partnering with Bell Media's TSN to broadcast select matches of the FIFA World Cup 2026 live in select theatres nationwide, the company said on Friday.Tickets will be released in stages starting with select group stage matches. They will be available from this afternoon, in theatres and online, a statement said.Tickets to additional games will be made available closer to match day in additional staged releases, Cineplex said.Tickets are $9.99 each (in-theatre price) and tickets purchased online are subject to an online booking fee up to $1.50. All prices are subject to taxes.Cineplex shares were last seen down $0.18, to $10.54, on the Toronto Stock Exchange.Price: $10.56, Change: $-0.17, Percent Change: -1.54%

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Exchange Income Announces May 2026 Dividend

Exchange Income's (EIF.TO) directors declared eligible dividends totaling $0.23 per share for the month ended May 31, 2026, unchanged from the prior month, the company said on Friday.The May dividend is payable on June 15, 2026 to shareholders of record at the close of business on May 29, 2026.Price: $105.93, Change: $-1.19, Percent Change: -1.11%

$EIF.TO

Dryden Gold Raises $9.6 Million in a Private Placement of Flow-Through Shares

Dryden Gold (DRY.V) shares rose 2.9% on Friday after it closed a non-brokered equity financing that raised $9.6 million..The financing was made up of flow-through shares and charity flow-through shares. The company said 16-million FT shares were issued at $0.41 per FT share for $6.6 million, and 6.7-million CFT shares were issued at $0.452 per CFT share for $3 million.The FT shares and the CFT shares will qualify as "flow-through shares" and "Ontario focused flow-through shares".Centerra Gold exercised their 'top-up right' to retain their 9.9% interest in the company as granted within the investor rights agreements. Centerra purchased 2.3-million shares issued under the charity flow-through portion of the financing.Alamos Gold also purchased 2.4-million shares issued under the charity flow-through portion of the financing and now holds an aggregate of 25.4-million shares, maintaining its 10.46% ownership of DrydenProceeds will be used to fund additional drilling and exploration on its 90,000-hectare property in Northwestern Ontario.Shares of the company were last seen up $0.01 to $0.35 on the TSX Venture Exchange.Price: $0.36, Change: $+0.02, Percent Change: +4.41%

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Mattr Upgraded to Buy, Price Target Lifted to $15.25 at Stifel Canada After Strong Q1, Outlook

Stifel Canada upgraded its rating on the shares of Mattr (MATR.TO) to buy from hold and raised its price target on to $15.25 from $8.75.Mattr reported a very strong first quarter, and raised 2026E EBITDA guidance by 7% compared with consensus, writes analyst Ian Gillies.The company's CompTech facilities investments are beginning to pay with margins rebounding in the quarter, and Gillies believe there is more upside potential besides what is embedded in 2026E guidance.There are still a number of quarters of strong performance required to drive a re-rate, but Gillies believes it is "unequivocally" inexpensive, and he likes the current set up."The stock is inexpensive with it offering an 8.4% FCF yield, and we believe the risk/reward is now favourable given the potential for further positive estimate revisions."Price: $12.50, Change: $+0.65, Percent Change: +5.49%

$MATR.TO

Allied Announces May 2026 Distribution

Allied Properties Real Estate Investment Trust's (AP-UN.TO) trustees declared a distribution of $0.06 per unit for the month of May 2026, unchanged from the prior month, it said on Friday.The distribution will be payable on June 15 to unitholders of record on May 29.Price: $9.63, Change: $-0.04, Percent Change: -0.41%

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Canada Could Approve Pipeline Construction by the Fall of 2027, Completion by 2034

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