CALGARY, Alberta: Energy Safety Canada, the premier safety association for the nation’s energy sector, has announced Vineeta Maguire as its incoming President and Chief Executive Officer, effective June 11, 2024. Maguire is set to take over from Murray Elliott, who will be retiring after a commendable seven-year tenure. With a rich career spanning over three…
Category: Canadian Exchange
Oil & Gas, Electricity, Renewables, Canadian Exchange, News Releases
Taseko Mines Limited secures 100% interest in the Gibraltar Mine
VANCOUVER: Taseko Mines Limited (TSX: TKO) has entered into a definitive agreement, effective March 25, 2024, to acquire the remaining 12.5% interest in the Gibraltar Mine from Dowa Metals & Mining Co. and Furukawa Co..Under the terms of the Agreement, Taseko will acquire Dowa and Furukawa’s shares in Cariboo Copper Corp and will then own…
Amaroq Minerals to raise £30 million for Southern Greenland projects
Amaroq Minerals Ltd., a mining company with gold and energy transition mineral assets in Southern Greenland, announced its plan to raise £30 million (C$51 million or ISK5.2 billion) by issuing new common shares at 74 pence (C$1.25 or ISK127) each. The company said it has already received strong interest from investors for the fundraising, which…
RBC announces targeted close date for proposed acquisition of HSBC Bank Canada
TORONTO: Royal Bank of Canada announced that the targeted close date for the proposed acquisition of HSBC Bank Canada will be Thursday, March 28, 2024, subject to the satisfaction of customary closing conditions. Conversion activities will begin once the transaction closes and will continue until April 1, 2024. HSBC Bank Canada’s branches and offices will…
National Bank reports 5% drop in net income for Q2 2023
MONTREAL: National Bank of Canada, one of the country’s largest banks, has reported a 5% decrease in net income for the second quarter of 2023, compared to the same period last year. The bank’s net income for the quarter stood at $847 million, or $2.38 per diluted share, down from $889 million, or $2.53 per…
Taseko Mines announces $50M at-the-market equity offering program
VANCOUVER: Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) has announced an at-the-market equity offering program (ATM) with National Bank Financial, Canaccord Genuity and Stifel GMP and their respective United States affiliates. Under the equity distribution agreement, the ATM will allow Taseko to offer and sell common shares through the facilities of the…
Taseko Mines signs agreement to acquire 12.5% interest in Gibraltar Copper Mine
VANCOUVER: Taseko Mines Limited (TSX: TKO) has entered into a definitive agreement to acquire an additional 12.5% interest in the Gibraltar Mine from Sojitz Corporation. Gibraltar is operated through a joint venture which is owned 75% by Taseko and 25% by Cariboo Copper Corporation. Under the terms of the agreement, Taseko will acquire Sojitz’s 50%…
Cyclone Metals Limited acquires Labrador Iron Pty Ltd for $5.4mn
SYDNEY, AUSTRALIA: Cyclone Metals Limited (ASX: CLE) announced the acquisition of Labrador Iron Pty Ltd, 100% owner of the Block 103 Magnetite Iron Ore Project (Block 103, or the Project), located 30km northwest of Schefferville, Quebec, Canada. Cyclone Executive Director, Tony Sage, commented: “We are very pleased to announce the acquisition of such a high-potential…
Nextech AR to spinout its Toggle3D design studio SaaS Software platform
TORONTO, CANADA: Nextech AR Solutions Corp. has announced a direct spinout of its Toggle3D design studio SaaS Software platform through a wholly-owned subsidiary of the company (Subco). The transaction is currently anticipated to proceed by way of plan of arrangement pursuant to which the Toggle3D and associated assets will be spun out into a new…
Green Thumb Industries expands executive leadership team
CHICAGO: Green Thumb Industries announced the appointments of four executive leadership positions and one new board member. Green Thumb Industries continues to actively recruit additional board members in preparation for its potential U.S. listing. These appointments will be effective January 1, 2023. The leadership promotions include Anthony Georgiadis to President, Matt Faulkner to Chief Financial…
Targa Exploration two pegmatite lithium exploration projects from Kenorland Minerals
VANCOUVER, BRITISH COLUMBIA: Targa Exploration Corp. (CSE: TEX) has entered into a purchase and sale agreement with Kenorland Minerals North America Ltd. (TSXV:KLD) to purchase a 100% interest in and to the Opinaca lithium project, located within the James Bay region of northern Quebec, along with rights to two mineral exploration license (MEL) applications which…
Touchstone raises $13 million selling new shares in UK and Canada fundraise
CALGARY, ALBERTA: Touchstone Exploration Inc. (TSX, LSE: TXP) has raised aggregate gross proceeds of approximately US$13 million through the placing of a total of 19.924 million new common shares of no par value, at a price of 54.5 pence per Fundraise Share (C$0.90 per Fundraise Share in respect of the Canadian Private Placement). The Fundraise…