Day: 14 December 2020

Asian shares decline following lacklustre day on Wall Street

CanadianInvestor
Asian shares decline following lacklustre day on Wall Street
  Asian shares sank on Tuesday after a lacklustre day on Wall Street as investors wait to see if Congress can break a logjam on delivering more aid to people, businesses and local governments affected by the coronavirus pandemic. Japan’s benchmark Nikkei 225 index fell after Prime Minister Yoshihide Suga announced a suspension of a travel promotion program that has... Read More

Reunion Gold reports high-grade gold intersections at the Boulanger Project in French Guiana

Editor
Reunion Gold reports high-grade gold intersections at the Boulanger Project in French Guiana
  LONGUEUIL – Reunion Gold Corporation (TSX-V: RGD) announced assay results from its recently completed 2020 drilling program on the Crique Filon prospect within the Boulanger Project in French Guiana. ​​The 2020 drilling program consisted of 13 diamond drill holes for a total core length of 2,000 meters. The objective of the program was to expand the footprint of gold... Read More

B.C. government says proposed insurance rate decrease is largest in 40 years

CanadianInvestor
B.C. government says proposed insurance rate decrease is largest in 40 years
  VANCOUVER — British Columbia’s public insurance company is applying for a 15 per cent decrease in its basic rates. Solicitor General Mike Farnworth says if the request is approved by the B.C. Utilities Commission, it will be the largest decrease in 40 years. The application is part of the government’s approach to reduce insurance premiums for drivers by an... Read More

AgraFlora Organics Receives Standard Processing Licence for its Winnipeg Edibles Manufacturing Facility

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AgraFlora Organics Receives Standard Processing Licence for its Winnipeg Edibles Manufacturing Facility
VANCOUVER – AgraFlora Organics International Inc. (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF) announced Monday, that on December 11, 2020, the company received a newly issued Standard Processing License from Health Canada for AgraFlora’s 51,000-Square-foot fully-automated edibles manufacturing facility in Winnipeg, Manitoba. James Fletcher, EIC Co-Founder and Operational Manager stated, “We are delighted to receive the Manufacturing License at our Edibles... Read More

Siyata Mobile Receives USD $1.6M Purchase Order for Tier 1 U.S. Cellular Carrier

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Siyata Mobile Receives USD $1.6M Purchase Order for Tier 1 U.S. Cellular Carrier
VANCOUVER – Siyata Mobile Inc. announced Monday, they have received a purchase order of USD $1.6 million for devices within the in-vehicle category of its 4G/LTE portfolio for a leading U.S. cellular carrier. Marc Seelenfreund, CEO of Siyata, stated, “We are very pleased to receive this purchase order which is expected to be fulfilled within the first quarter of fiscal... Read More

Most actively traded companies on the Toronto Stock Exchange

Editor
Most actively traded companies on the Toronto Stock Exchange
  TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,387.40, down 161.52 points.) Canadian Natural Resources (TSX:CNQ). Down 69 cents, or 2.16 per cent, to $31.27 on 19 million shares. Suncor Energy Inc. (TSX:SU). Energy. Down 67 cents, or 2.82 per cent, to $23.08 on 16.5 million shares. Manulife Financial... Read More

Spin Master co-founders plan to step down from co-CEO role next year

CanadianInvestor
Spin Master co-founders plan to step down from co-CEO role next year
  TORONTO — Toy company Spin Master Corp. said on Monday that co-founders Ronnen Harary and Anton Rabie will step down as co-chief executives next year. The maker of Hatchimals and Paw Patrol toys announced that Max Rangel has been appointed global president effective in January and will add the chief executive title in April. Rangel joins Spin Master from... Read More

Transat AT reports huge loss in Q4 as shareholders weigh Air Canada takeover bid

CanadianInvestor
Transat AT reports huge loss in Q4 as shareholders weigh Air Canada takeover bid
  MONTREAL — Transat AT Inc.’s shares fell by as much as 10 per cent in intraday trading on Monday, as the company reported disappointing earnings results for its latest quarter. The Montreal-based tour operator capped an unprecedented year by losing $238.1 million attributable to shareholders in the fourth quarter, with revenues down a stunning 96 per cent from the... Read More

Cameco suspending Cigar Lake uranium production after positive COVID-19 tests

CanadianInvestor
Cameco suspending Cigar Lake uranium production after positive COVID-19 tests
  SASKATOON — Cameco Corp. says it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan after six positive COVID-19 tests in recent weeks at northern operations, including three at the mine. The Saskatoon-based company says the mine will be placed in a “safe state of care and maintenance,” resulting in a significant reduction in personnel... Read More