• 5:11 PM

    Pengrowth Energy Corp (NYSE:PGH) released an update on its Lindbergh SAGD project before market opened on Tuesday. Lindbergh production exceeds design capacity. Company announced that production at its Lindbergh commercial SAGD project has outperformed the design capacity of 13,000 BOE per day. The Lindbergh SAGD project is a key component of Pengrowth’s growth strategy with

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  • 5:25 PM

    Following the suspension of the equity sale process four weeks ago, Isagen SA(ISAGY)’s shares underperformed competitors quite markedly. We consider the drop larger than merited and we are rising to “Sector Outperform”. Even without considering a successful completion of the government stake sale process, our fair value forecast for company is COP 3,150per share. At

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  • 5:09 PM

    Bonterra Energy Corp (TSE:BNE) disclosed a private placement offering to be used to reduce debt levels and fund the 2015 drilling program after market closed on Monday. Company disclosed that it will complete a private placement offering of 1.2 mm shares at a price of $32 per share, translating in total earnings of $38.4 mm.

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  • 5:01 PM

    Aecon Group Inc. (TSE:ARE) declared the sale of its 45.5% interest in the Quito International Airport concession on Tuesday before market opened. The sale is anticipated to generate net earnings of nearly $ 195 (C$243 million). The transaction is anticipated to close in the second half of 2015 and remains subject to third party approvals

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  • 4:58 PM

    After market closed on Tuesday, Cequence Energy Ltd (TSE:CQE) stated a midstream partnership arrangement.  Company sells a stake while increasing NGL Recovery. CQE will sell a 50% interest in its Simonette facilities to Kanata Energy Group Ltd. (Private) for $34 million. The companies will then jointly fund (CQE’s share: $20 million) the addition of a

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  • 5:07 PM

    During trading hours on Monday; America Movil SAB de CV (NYSE:AMX)’s subsidiary Telekom Austria stated the plan of acquisition of Amisco NV, the holding entity of Amis Slovenia and Amis Croatia. Amis operates a fixed-line reseller in Slovenia (63,000 customers) and owns a fibre network in Croatia (23,000 customers). In 2014, Amisco revenues amounted to

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  • 5:13 PM

    Barrick Gold Corporation (TSE:ABX)has shaped a strategic partnership with Zijin Mining. In partnership – Zijin Mining will acquire 50% of Barrick (Niugini) Limited or BNL (ABX; 95%) in Papua New Guinea which manages the Porgera JV. The firm will pay $298 million in cash and the transaction is expected to be finished in third quarter

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  • 4:46 PM

    For Denison Mines Corp (TSE:DML), we are off restriction following the closing of a C$15 million placement.  12 million flow-through shares at rate of C$1.25 were issued, which comapny intends to use towards its 2016 exploration program. Company’s winter program showed promising results at Wheeler River, Mann Lake, Hatchet Lake, and Crawford Lake. Notably, a

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