The Teletubbies are seen in this file photo. Halifax-based DHX Media posted a 48-per-cent increase in first-quarter revenue on Monday.The Associated Press
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
DHX Media (DHXM-Q; DHX.A-T; DHX.B-T) says it has signed seven more broadcast deals with networks worldwide for its new Teletubbies series, bringing the total number of broadcasters to 23.
Some of the new broadcast licensees include SRC in Canada, POP TV in Slovenia, TV3 in Ireland and HRT in Croatia.
"As the flagship series in DHX Media's strategy to build global brands, Teletubbies continues to perform extremely well and is gaining global momentum," said Dana Landry, CEO of DHX Media, in a release.
DHX Media says its has signed more than 85 merchandising and licensing deals for the new Teletubbies brand to date.
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PolyMet Mining Corp. (POM-T;PLM-N) reported a loss for the three months ended July 31, of $1.6-million or a penny per share compared with a loss of $1.7-million or a penny per share for the prior year period.
PolyMet also said in a release that it and a wholly owned subsidiary of Glencore plc have also agreed to extend the maturity of the existing loans.
Energy Fuels Inc. (UUUU-T;EFR-T) is raising $10-million (U.S.) in a bought deal financing.
The underwriters are buying 5.6-million units at $1.80 each.
The proceeds will be used to help advance its various projects, the company said in a release.
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AlarmForce Industries Inc. (AF-T) says the preliminary conclusion of a review of customer contracts shows that "cancelled subscription revenue should not have been recognized."
"The company continues to consider its cancellation and other practices relating to existing residential customer contracts in all jurisdictions," it stated in a release. "The results of that review, and the financial impact of any decisions that may be made as a result of the review have not yet been determined."
The company said it will complete its review before determining if a restatement of historical financial statements is necessary.
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Slate Retail REIT (SRT.UN-T) says its board has approved a 4-per-cent increase in its distribution to 6.7 cents (U.S.) per unit, or 81 cents annually.
"We are pleased to announce this 4-per-cent increase to our distribution on the back of consistent FFO [funds from operations] growth, strong leasing and accretive acquisition activity," said CEO Greg Stevenson in a release.
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