OPEL Technologies Inc of Toronto, Ontario, Canada has successfully completed the final tranche of its previously announced $3,000,000 financing through its agent IBK Capital Corp. The private placement offering consisted of 13,043,479 ...
Tags: OPEL Technologies, Canada, financing
Steel Dynamics Inc has provided fourth quarter earnings guidance in the range of USD 0.18 to USD 0.22 per diluted share, which includes an expected favorable tax adjustment of approximately USD 0.06 per diluted share. Excluding the tax ...
Tags: Steel Dynamics Inc, per diluted share, steel, ferrous metal
First Majestic Silver Corp and Orko Silver Corp announced that the companies have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which First Majestic has agreed to acquire all of the issued and outstanding ...
Tags: Majestic, Orko Silver, Construction
Bri Chem Corp a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe is pleased to announce that Bri-Chem has closed a ten million dollar subordinated debt facility with Fulcrum Capital ...
Tags: oildrilling, gas drilling, steel pipe, Fulcrum Capital Partners
LED lighting company CRS Electronics Inc., has repaid the principal and interest payable pursuant to the secured debenture with Diocles Capital Inc. ("Diocles") which provided the Company with $300,000 in short term bridge financing. ...
Tags: LED, lighting, CRS Electronics Inc., Diocles
Canadian food manufacturer and grocer George Weston has recorded a decline in first-half profits thanks to costs from retail division Loblaw. In the six months ended 16 June, net profit dropped 7.1% to C$367m (US$366.4m) as higher costs ...
Tags: Net profit, Operating profit, Net sales
Canadian retailer Metro Inc has today (9 August) posted a rise in third-quarter net profits on the back of increased sales. Net earnings for the quarter ending 30 June increased 13.6% to C$144.4m (US$225.6m). EBITDA climbed 10.3% to ...
Tags: Profit, Net earnings, Metro, net profits
Superior Copper Corporation announced that it intends to complete a best efforts non brokered private placement financing of up to 6,000,000 hard dollar units at a price of USD 0.10 per HD Unit and up to 10,000,000 flow through units at a ...
Tags: Superior Copper, HD Unit, shares, exploration
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
Reuters reported that Gold miner Osisko Mining Corporation which has offered about CAD 550 million for Queenston Mining Inc will buy Agnico Eagle Mines Limited's 9.2% stake in Queenston removing a potential rival bidder. Agnico Eagle, ...
Tags: gold miner, Osisko Mining Corporation, buy, stake
Acquisitive Investments Limited announced that on November 21st 2012, Acquisitive Investments acquired 6,000,000 common shares of Global Alumina Corporation at a price of approximately CAD 0.14 per Common Share. The aggregate cash ...
Tags: Global Alumina, Acquisitive Investments, Shares Transaction
German carmaker Volkswagen has finalised the acquisition of remaining 50.1% share in sports car maker Porsche and to form an integrated automotive group by 1 August 2012. Porsche, which currently controls half of the business which is not ...
Tags: Volkswagen, Porsche, cooperation
AXIS Capital Holdings has reported net income attributable to common shareholders for the second quarter of 2012 of $168m, or $1.35 per diluted common share, up by 66% from $101m, or $0.79 per diluted common share, during the same period ...
Tags: AXIS Capital Holdings, net income, second quarter, common share, insurance
Manulife Financial posted a net loss attributed to shareholders of C$300m ($302.6m) for the second quarter of 2012, compared to a profit of C$490m ($493m) during the corresponding period earlier year. The second loss reflects volatile ...
New Jersey-based Prudential Financial has reported first-quarter net loss for its financial services business at $988m or $2.09 per share, compared to net income of $539m or $1.10 per share during the same period in 2011. Financial ...
Tags: Prudential Financial, financial service, net income, quarter 1, finance