Author: TSX Stocks

BlackBerry Announces Normal Course Issuer Bid Share Buy Back Program

WATERLOO, ON / ACCESS Newswire / May 8, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that it has received acceptance from the Toronto Stock Exchange (the “TSX”) for a normal course issuer bid (“NCIB”) share buy back program. The program allows for the repurchase of up to 27,855,153 of its common shares, representing approximately 4.7% of the outstanding public float as of the close of business on May 5, 2025.

Under the NCIB, BlackBerry can purchase its common shares through the TSX, other Canadian stock exchanges, the New York Stock Exchange (the “NYSE”), and/or alternative trading systems in Canada and the United States. Subject to regulatory approval, purchases of its common shares may also be made by BlackBerry by way of private agreements or share repurchase programs under issuer bid exemption orders issued by securities regulatory authorities. Any BlackBerry common shares purchased through the NCIB will be cancelled.

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AI risky as corporate governance tool, USask-led team finds

That’s the finding of a paper recently published in the prestigious journal Harvard Business Review (HBR) by a team of interdisciplinary researchers from the University of Saskatchewan’s (USask) Edwards School of Business and the University of Calgary’s Haskayne School of Business.

“We identified a new risk to AI we call encroachment risk—the novel idea that AI can encroach on the power and influence of strategic roles and pose an organizational risk,” said co-author Dr. Vince Bruni-Bossio (PhD), associate professor at Edwards and USask’s acting provost and vice-president academic.

The team conducted extensive interviews over 2 ½ years with chairs of 27 large companies listed on the Toronto Stock Exchange, delving into how board processes work, how these experienced leaders exercise their power, and how AI affects that process.

“We never predicted what the final article would be, from the beginning. It kind of moulded itself through these discussions,” said Bruni-Bossio. “We’re very excited because of where it landed.”

The team focused on board chairs as a case study, but the findings broadly apply to any strategic corporate role, said Edwards professor and co-author Dr. Devan Mescall (PhD).

“When we got down to the details, we realized that the chairs’ tasks are multifaceted,” he said. Other team members and co-authors are Edwards professor Dr. Regan Schmidt (PhD), and Haskayne professor Dr. Anup Srivastava (PhD).

“One of the really fascinating things is tasks like setting meeting agendas, establishing committees and summarizing board discussions at first seem pretty mundane, and something AI can do easily,” Mescall said. “But then you realize that in the hands of a human, those are used as judgments, and there’s thought put into it that influences others around the table. That’s the epiphany.”

For instance, a chair can manage the board meeting agenda to shape the flow of conversation, exercise behind-the-scenes influence to guide how information is presented, and set the tone for a meeting. The role also involves ensuring that board members have the right mix of experience to be effective, and the skillset to read the room, synthesize discussions, and reframe issues to shape how directors understand issues and reach conclusions.

These are considerations beyond the capabilities of an automated AI application, the authors suggest. Keeping these power-conduit tasks in mind, corporate leaders should establish clear policies for where AI can be used, and where human oversight must be maintained, according to the paper.

“By identifying key strategic roles and power-conduit tasks, as well as fencing AI involvement, board chairs can strike a balance between technological advancement and effective governance. The goal should not be to resist AI but to integrate it in a way that preserves leadership influence and strengthens the board chair’s strategic objectives,” the team wrote.

They chose to pitch to paper to the Harvard Business Review, where it’s tough to get published, because the journal focuses on what’s most important to busy C-suite executives who have little time, said Mescall.

“We thought ours was a novel and practical look at AI, and how organizations are using AI to replace tasks. It seems a new idea that there’s something more to tasks than can we replace them with AI, to should we do that. It’s a big enough question, so we took a shot at HBR and they agreed.”

“It’s great for USask to be at the front edge of the topic in a leading journal,” said Bruni-Bossio. “Our interdisciplinary work is fun and very exciting, and important for the mission of being the university the world needs.”

International Petroleum Corporation Announces 2025 Annual General Meeting Voting Results


International Petroleum Corporation Announces 2025 Annual General Meeting Voting Results – Toronto Stock Exchange News Today – EIN Presswire




















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Modern-day gold prospectors in Stillwater are eying Wyoming, with plenty of investors backing them

Stillwater’s modern-day gold prospectors have now gone public.

Geologists Rob Bergmann and Brian Lentz, who have several mining-related companies, needed next-level investment to fund their gamble that there are significant gold deposits in the Wyoming hills.

The two believe that the Abitibi gold belt in Canada, one of the world’s richest gold-producing regions, has a geologic extension in Wyoming.

In 2022, the partners listed their company Relevant Gold on the Canadian stock exchange and have since attracted several prominent high net worth individual investors including William Bollinger, the retired co-founder of the London-based investment management firm Egerton Capital Limited.

Junior mining companies like Relevant Gold tend to be speculative investments with a high failure rate. The company’s shares are trading around 25 cents a share.

But Bollinger said he sees long-term potential and in January increased his investment.

“It is my belief that the issuer, led by Rob Bergmann and Brian Lentz, is on the cusp of opening up district-scale gold projects in Wyoming,” Bollinger said in a news release announcing a secondary stock purchase. “This substantial common share purchase is a mark of my confidence in this talented team and the highly prospective potential of this underexplored and untapped resource.”

The company started with a direct listing on the Canadian Securities Exchange (CSE) in 2022 and a year later moved up to the Toronto Stock Exchange Venture Exchange and added a U.S. listing on the OTCQB market.

Northland Power Announces Commercial Operations at Oneida Energy Storage Project – Canada’s Largest Battery Storage Facility Delivered Ahead of Schedule and Below Budget


Northland Power Announces Commercial Operations at Oneida Energy Storage Project – Canada’s Largest Battery Storage Facility Delivered Ahead of Schedule and Below Budget – Toronto Stock Exchange News Today – EIN Presswire


















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Gold bonanza!

PROSPECTS for more high-grade gold continue to unfold at Tuvatu Gold Mine, owned and operated by Canadian miner Lion One Metals Ltd.

The Toronto Stock Exchange-listed gold miner released its latest drilling results last week, confirming more positive results and adding to a series of high mineralization gold discovery.

“Drill results include multiple bonanza grade gold intercepts over narrow widths, such as 236.00 g/t over 0.4 m, 101.58 g/t over 0.5 m, 102.35 g/t over 0.3 m, 94.23 g/t over 0.3 m, and 89.63 g/t over 0.4 m,” it stated.

“Due to the proximity of drill results to existing workings there is a strong probability that these intercepts can be incorporated into the mine plan in the next six to twelve months.”

The drill results were from Zone 5, an area that is currently being mined.

“Tuvatu is a high-grade narrow vein alkaline gold deposit and bonanza grade drill results are not uncommon on the project,” the company stated.

“In January the company released the highest grade assay ever returned from Zone 5 drilling; 2,749.86 g/t over 0.3 m

“Previous high-grade drill results from Zone 5 include 1,517.79 g/t gold over 0.3 m, 1,568.55 g/t over 0.3 metres, and 1,986.23 g/t gold over 0.6 m.”

In March, Lion One reported drill results of 142.66 g/t over 2.2 m, 489.52 g/t over 0.4 m, 168.95 g/t over 0.5 m, 189.15 g/t over 0.3 m, and 179.95 g/t over 0.3 m from its Ura Lode System, also currently mined.

These results point to Tuvatu’s prospects, which mining experts believe has the potential to become a bigger mine than nearby Vatukoula Gold Mine.

In response to questions sent by this newspaper, the Mineral Resources Department (MRD) said the drill results indicated the presence of high-grade gold mineralization.

“This is exceptionally high grade, as anything above 5g/t is generally considered high grade in underground mining,” MRD stated.

“This is encouraging for the mine’s economics, as high grade ore is more valuable and cost effective to extract.

“[However], it is vital to note that in any circumstance, high-grade drill results, although promising, do not always guarantee that a deposit will be economically mineable.

“A cautious approach is necessary, as a single drill result does not define an entire deposit. Several factors must be considered before determining the true potential of a deposit,” MRD stated.

Gibson Energy Announces Voting Results for Election of Board of Directors


Gibson Energy Announces Voting Results for Election of Board of Directors – Toronto Stock Exchange News Today – EIN Presswire




















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Drilling Update on Globex’s Bald Hill Antimony Property Under Option to Antimony Resources Corp.


Drilling Update on Globex’s Bald Hill Antimony Property Under Option to Antimony Resources Corp. – Toronto Stock Exchange News Today – EIN Presswire




















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