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TSX Stock News

Canada
TSX Stocks

Exciting listing on JSE’s AltX poised to give investors pure copper play

JOHANNESBURG (miningweekly.com) – The reverse listing of Big Tree Copper into SHiP Copper Company on the AltX of the Johannesburg Stock Exchange in October is expected to raise between R60-million and R250-million for the ramping up of combined production to 10 000 t/y of copper in the next three years. SHiP, run by Shirley Hayes, is effectively taking over Big Tree Copper, run by Jan Nelson, resulting in SHiP continuing to operate and develop copper mines and Big Tree Copper continuing to recover copper from hard-rock copper dumps and produce copper plate, with all assets Northern Cape-based. Advertisement Big Tree Copper has a

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Canada
Reuters

Alberta to intervene in antitrust review of Rogers, Shaw deal

OTTAWA, July 5 (Reuters) – The Canadian province of Alberta plans to intervene in a competition review of Rogers Communications Inc’s (RCIb.TO) C$20 billion ($15.33 billion) purchase of Shaw Communications Inc (SJRb.TO), the provincial attorney general said on Tuesday. The companies “have significant presence in Alberta’s telecommunications market and their successes and failures will impact Alberta’s consumers, workers, and, potentially, other aspects of Alberta’s economy,” according to a notice posted on the competition tribunal’s website. The Alberta government is intervening under a provision of the competition act that prohibits illegal trade practices such as forming a cartel. Register now for

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Canada
The Investment Doctor

Victoria Gold: The Seasonal Weak Quarter Is Behind Us, All Eyes On 2023

Akchamczuk/iStock via Getty Images Introduction Victoria Gold (OTCPK:VITFF) is a gold producer in Canada’s Yukon Territory. Although the company will produce less than 200,000 ounces of gold this year, it plans to increase its production rate to a quarter of a million ounces per year over the next few years. The share price has recently been under pressure due to weakness in the sector while a large shareholder also sold a substantial block of shares. Data by YCharts Victoria Gold has its primary listing on the Toronto Stock Exchange where it is trading with VGCX as its ticker symbol. With

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Canada
Reuters

TSX futures down as commodities fall on recession worries

(Reuters) – Futures for Canada’s resource-heavy main stock index edged lower on Tuesday as oil and metal prices slipped on mounting worries over a global economic downturn. September futures on the S&P/TSX index were down 0.4% at 7:17 a.m. ET. Brent crude fell more than 1%, reversing earlier gains, as concerns of a possible global recession curtailing fuel demand outweighed supply disruption fears, highlighted by an expected production cut in Norway. [O/R] Copper prices crumbled to their lowest in 17 months as the dollar surged, making commodities priced in the U.S. currency more expensive for overseas buyers. [MET/L] Adding to

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Canada
Alex Christian

Polygon Makes Investment in Stable Cryptocurrency Checkout & Payment Protocol Data Mynt

Polygon Makes Investment in Stable Cryptocurrency Checkout & Payment Protocol Data Mynt – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, July 5, 2022 · 579,835,135 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Vuk Zdinjak

HEXO Shareholders Approve Note Transaction With Tilray Brands

At reconvened special meeting of shareholders of HEXO Corp HEXO HEXO, holders of common shares of HEXO approved the transaction with Tilray Brands, Inc. TLRY TLRY and HT Investments MA LLC (“HTI”). The meeting was originally held on June 14, 2022 and was adjourned prior to shareholders voting on the note transaction in order to provide shareholders with additional time to consider the previously announced amendments to the note transaction. At the meeting, shareholders voted in favor of the ordinary resolution to approve certain aspects of the note transaction, which provides for the amendment to the terms of the outstanding

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Canada
GlobeNewswire

HEXO Corp.’s Shareholders Approve Note Transaction with Tilray Brands

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Article content This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 2, 2022 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021. GATINEAU, Québec, July 05, 2022 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX:

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Canada
TSX Stocks

Dollarama Gets OK to Renew Buyback Program of 7.5% of Common Shares

By Adriano Marchese Canadian dollar store retail chain Dollarama Inc. said that it intends to renew its buyback program to repurchase up to 7.5% of its public float over the course of a one-year period. Dollarama said Tuesday it received approval from the Toronto Stock Exchange to renew its normal course issuer bid, or NCIB, to buy back up to 18.7 million of its shares starting July 7. At Monday’s closing price of 75.49 Canadian dollars (US$58.70), the value of the shares would be around C$1.41 billion. Write to Adriano Marchese at adriano.marchese@wsj.com

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Canada
GlobeNewswire

Galantas Gold Provides Corporate Update

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Article content TORONTO, July 05, 2022 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) is providing an update on the Company’s progress to commence production at the Omagh Project in Northern Ireland. Longhole drilling has commenced in the first series of stopes, marking the start of the production

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Canada
TSX Stocks

Toronto market rises in thin trade as resource shares rally

(Adds details throughout; updates prices to close) * TSX ends up 167.50 points, or 0.9%, at 19,028.86 * Energy sector gains 2.7%; oil rises more than 2% * Materials add 2.2% TORONTO, July 4 (Reuters) – Canada’s main stock index rose on Monday, led by energy shares, as investors returned from a long weekend to buy riskier assets that have been battered by concerns over a global economic slowdown. The Toronto Stock Exchange’s S&P/TSX composite index ended up 167.50 points, or 0.9%, at 19,028.86. Trading volumes were lower than usual as the United States celebrated the Fourth of July holiday.

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