Canopy Growth’s venture capital arm goes public on TSX Venture exchange

Canopy Growth’s venture capital arm goes public on TSX Venture exchange
TORONTO — The venture capital arm of marijuana company Canopy Growth goes public on the TSX Venture exchange today amid a cannabis stock craze. Canopy Rivers, a subsidiary which pursues investment opportunities in the marijuana sector, begins trading today under the ticker symbol, “RIV” via a reverse-takeover of AIM2. Its investment portfolio includes licensed producer Agripharm and Solo Growth, a retail cannabis distributor.... Read More

Alexco Expands Bermingham Mineral Resource Estimates, Yukon

Alexco Expands Bermingham Mineral Resource Estimates, Yukon
VANCOUVER – Alexco Resource Corp. (NYSE American: AXU) (TSX:AXR) today reports an updated and expanded mineral resource estimate for the Bermingham deposit, located within the Keno Hill Silver District in Canada’s Yukon Territory. As a result of exploration work conducted in 2017 and 2018, the Bermingham indicated mineral resources have expanded from 17.3 million ounces to 33.3 M ounces of contained silver at an average... Read More

B.C.’s Golden Triangle, a resurgence in infrastructure investment

B.C.’s Golden Triangle, a resurgence in infrastructure investment
VANCOUVER – The Golden Triangle is an area of northwestern British Columbia that has seen extensive historic mining and prospecting activity, and has recently been the site of modern discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen a resurgence in infrastructure investment which supports exploration activities, including upgraded transmission lines supplying clean, affordable and... Read More

Cineplex signs 4DX deal to expand the technology across the country

Cineplex signs 4DX deal to expand the technology across the country
TORONTO — Cineplex Inc. says it has signed an agreement with immersive cinema company CJ 4DPLEX Co. Ltd. to bring 4DX technology to 13 cinemas. The deal with Seoul-based CJ 4DPLEX will mark the first time Cineplex will deliver 4DX’s motion, wind, fog, rain, lightning, snow, bubbles, vibration and scent features to theatre seats in markets outside of Toronto. Cineplex says it will announce cities that will receive 4DX cinemas in... Read More

Proposed class action lawsuit on trailing commissions filed against CIBC

Proposed class action lawsuit on trailing commissions filed against CIBC
TORONTO — A class action lawsuit regarding trailing commissions paid to discount brokers on CIBC mutual funds has been proposed against the Canadian Imperial Bank of Commerce and CIBC Trust Corp. The lawsuit alleges investors who hold the mutual funds in discount brokerages receive no value for the trailing commissions paid. The allegations have not been proven in court. The... Read More

Tilray shares continue to climb higher on second day after export approval

Tilray shares continue to climb higher on second day after export approval
TORONTO — Shares in marijuana company Tilray Inc. were up nearly 20 per cent in early trading. The move in the stock follows a nearly 30 per cent jump on Tuesday after the company announced it had received approval to export a medical cannabis product to the U.S. for use in a clinical trial. The company will be exporting capsules... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,196.04, up 113.73 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up $1.04, or 10.4 per cent, to $11.02 on 61.3 million shares. RNC Minerals. (TSX:RNX). Metals. Up 2.5 cents, or 6.25 per cent, to 42.5 cents on 18.2 million shares. Coro Mining Corp. Rights. (TSX:COP.RT). Metals. Down half of a cent, or 50... Read More

Eldorado Gold seeking $1.1B from Greece as compensation for permit delays

Eldorado Gold seeking $1.1B from Greece as compensation for permit delays
VANCOUVER — Eldorado Gold Corp. is seeking $1.1 billion from the Greek government for damages it says it suffered due to permit delays related to its Skouries project. The company says the application is a non-judicial request for payment and does not initiate legal proceedings. Eldorado chief executive George Burns called it a “good-faith attempt” to resolve the matter with the... Read More

Marijuana producer Aurora Cannabis says there is no beverage deal to announce

Marijuana producer Aurora Cannabis says there is no beverage deal to announce
EDMONTON — Aurora Cannabis Inc. says it has not signed a deal with respect to any partnership with a drink company. In a report based on anonymous sources, BNN Bloomberg reported Monday that Aurora was in serious talks with the Coca-Cola Company. The marijuana company says it does engage in exploratory talks with industry participants from time to time, but... Read More

Enbridge signs deals for Enbridge Income Fund and U.S. subsidiaries

Enbridge signs deals for Enbridge Income Fund and U.S. subsidiaries
CALGARY — Enbridge Inc. has signed a deal worth $4.7 billion to acquire Enbridge Income Fund Holdings Inc. as it works to simplify its corporate structure. The company says the offer is 11.3 per cent higher than a proposal in May. Under the terms of an agreement, Enbridge Income Fund shareholders will receive 0.7350 of an Enbridge share and 45 cents... Read More