TSX Stock News
TSX Stock News
Decisyon Corporation Renews Partnership with Schneider Electric to Accelerate Enterprise-Level Digital Transformation
Decisyon Corporation Renews Partnership with Schneider Electric to Accelerate Enterprise-Level Digital Transformation – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, September 3, 2024 · 740,344,824 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
Chinese firm completes acquisition of Osino
Chinese company Shanjin has completed the acquisition of all of the outstanding common shares of Canadian gold exploration company Osino resources. This follows an agreement between Osino Resources and Shanjin (formerly known as Yintai) for the latter to acquire all outstanding Osino common shares in a deal valued at around C$368 million (about N$5 billion), or C$1,90 per share and the approval of the regulatory authorities under whose jurisdictions the two companies operate. These are the Namibian Competition Commission (NaCC), the National Development and Reform Commission of the People’s Republic of China and the state administration of foreign exchange of
Its Time to Buy This Stock Before It Does the Unthinkable
Investing JHVEPhoto / iStock Editorial via Getty Images Canadian investors are familiar with Alimentation Couche-Tard (OTCMKTS:ANCTF), a Montreal-based convenience store owner and industry consolidator. It’s grown from one store in 1980 to 16,740 worldwide, including 7,131 in the U.S. Its DNA is in mergers and acquisitions. It’s done so many over the years that it’s hard to keep track. Its most recent acquisition was also its largest. In 2023, it paid $4.4 billion for approximately 2,200 locations in Europe owned by TotalEnergies (NYSE:TTE), one of the world’s largest oil and gas companies. On August 19, Couche-Tard confirmed that it had
Not merely ‘exploration’: PNG deep-sea mining riles critics & surprises officials
Deep Sea Mining Finance (DSMF), an obscure company registered in the British Virgin Islands, recently conducted an exploratory mining operation off the coast of New Ireland province in Papua New Guinea (PNG), according to civil society members and a government official’s statements to the media. Satellite-based vessel-tracking data show that much of this mining activity took place in and around a controversial project site known as Solwara 1, where mineral-rich hydrothermal vents are located. Critics say the operation was illegal and that DSMF’s activities flout two ongoing moratoria that should prevent deep-sea mining in PNG’s territorial waters. On the other
Zambia to Establish Investment Company for 30% Stake in Critical Minerals Production
Zambia plans to create an investment company that will hold at least a 30% stake in the production of critical minerals from future mining projects, Mines Minister Paul Kabuswe announced on Thursday. This move is part of a broader strategy to ensure the country maximizes the benefits from its rich deposits of metals essential for the global energy transition. As Africa’s second-largest copper producer, Zambia is aiming to more than quadruple its copper output by early in the next decade. The country also boasts significant deposits of cobalt, graphite, and lithium, all of which are vital for the production of
FuelPositive Closes Final Tranche of Private Placement
FuelPositive Closes Final Tranche of Private Placement – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Sunday, September 1, 2024 · 739,868,028 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
Teck Announces New Structure to Support Energy Transition Metals Growth
Teck Announces New Structure to Support Energy Transition Metals Growth – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Friday, August 30, 2024 · 739,660,254 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
Why Gold Stocks Could Be a Contrarian Investor’s Dream Right Now
As I write this, gold continues to trade above $2,500 an ounce after surging past the psychologically important level for the first time ever in mid-August. For seasoned gold mining investors, this should be a moment of validation. After all, the yellow metal has long been seen as the ultimate hedge against economic uncertainty. And yet, despite the bull run, gold stocks—those companies that mine, process and sell the metal—are trading at historically low valuations relative to the market. This apparent disconnect offers contrarian investors an extraordinary opportunity. Rising Yields and the Gold Selloff Explained But first, why is this
GLG Life Tech Corporation Provides Update Regarding Delisting From TSX And Listing on NEX
VANCOUVER, BC / ACCESSWIRE / August 30, 2024 / GLG Life Tech Corporation (TSX:GLG) (“GLG” or the “Company”), a global and agricultural leader in the natural zero-calorie sweetener industry, committed to the sustainable development of high-quality zero-calorie natural sweeteners, is providing an update regarding the Company’s delisting review initiated by the Toronto Stock Exchange (“TSX”) and the Company’s upcoming transfer of its listing to the NEX exchange. As previously announced, the TSX initiated a delisting review of the Company in April 2024. The TSX advised that the Company did not meet certain continued listing criteria, specifically relating to the Company’s
Cannabinoid firm Avicanna pays off debt with funds from $2M private placement
Toronto-based Avicanna said it paid off $1.4 million in debt from August 2023 after closing on a nearly $2 million non-brokered private placement of its 6.6 million shares. Avicanna is a biopharmaceutical company focused on cannabinoid-based products. ADVERTISEMENT In addition to paying off the debt, Avicanna said in a news release that it plans to use the proceeds from the offering for general working capital and administrative expenses and costs related to production and manufacturing as well as research and clinical development. The unit shares and warrants, and any securities that are issuable upon conversion, are subject to a four-month