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A trader works on the floor of the New York Stock Exchange shortly after the market's opening in New York July 28, 2014.Reuters

Our roundup of Canadian small-caps making news and on the move today.

Lumenpulse Inc., a manufacturer of LED lighting solutions, announced that it has acquired all of the shares of SDL Lighting Inc., a designer and manufacturer of outdoor LED luminaires, for $3.2-million in cash.

"The transaction is in line with Lumenpulse's growth strategy, adding fully complementary LED solutions to the product portfolio to expand the addressable market; and accelerating entry into the high performance architectural, area, urban, pedestrian and professional landscape lighting segments," the company said.

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Sherritt International Corp. announced that it has appointed Steve Wood to the position of chief operating officer, effective April 27. In the role, he will oversee all operations, environment, health and safety, sustainability, technologies, engineering and marketing. Mr. Wood is currently the CEO for ArcelorMittal Mining Canada.

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TECSYS Inc., involved in supply chain software and technology for the health-care industry, announced that as a result of strong investor demand for its previously announced offering of common shares, the size of the offering has been increased to 674,157 shares. It's expected to raise anticipated gross proceeds of approximately $6-million.

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Absolute Software Corp. announced a partnership with Lanix, Mexico's largest domestically-owned electronics company.

Under the agreement, Persistence technology by Absolute Software will be embedded in the firmware of Lanix devices at the factory. Lanix customers will receive endpoint security and data risk management, allowing them to remain connected with all of their devices, regardless of user or location.

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Horizon North Logistics Inc. announced that its board has adopted a shareholder rights plan, effective immediately. The terms of the rights plan are similar to those in rights plans recently approved by shareholders of other Canadian corporations. Horizon North said it is not aware of any specific take-over bid for the company in process or currently being contemplated.

"The rights plan is designed both to encourage the fair and equal treatment of Horizon North's shareholders in connection with any potential take-over bid and to ensure that Horizon North's shareholders and the board, in compliance with corporate and securities laws, have sufficient time to consider whether there are other options that would more effectively maximize shareholder value. The Rights Plan is not intended to deter take-over proposals," the company said.

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Petroamerica Oil Corp. announced that the TSX Venture Exchange has accepted its notice to renew its normal course issuer bid to purchase outstanding Petroamerica common shares on the open market.

Petroamerica is authorized to purchase up to 82,933,371 common shares representing approximately 10 per cent per cent of Petroamerica's public float.

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Orbite Aluminae Inc. announced that it plans to offer up to 15,500 units in the company for $1,000 each.

Each unit consists of $1,000 principal amount of 5 per cent convertible unsecured unsubordinated debentures and 907 share purchase warrants.

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San Gold Corp. announced it has initiated a number of temporary operational changes at its Rice Lake mine. The changes are being implemented to conserve cash and reduce the potential for additional short-term financing as the company completes its sales and investor solicitation process.

Among these changes is a significant slowdown in development activities toward new ore zones.

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Twin Butte Energy Ltd. announced that Rob Wollmann has been promoted to the position of president and CEO, with Jim Saunders, the CEO since 2008, becoming executive chairman of the board.

The company also reported its fourth-quarter financial and production results. It narrowed its loss per share to 24 cents from 28 cents, with petroleum and natural gas sales rising 5 per cent to $110.2-million.

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Secure Energy Services Inc. said it has closed its bought deal equity financing having raised approximately $198-million. The proceeds are expected to be used by the corporation to fund the 2015 capital expenditure program, potential acquisitions and for working capital and general corporate purposes.

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MagIndustries Corp. said the filing of its annual financial statements will be delayed. The company's auditors will not be able to render an audit opinion by the deadline of March 31, MagIndustries said. The company is now planning to file its statements by June 1.

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Ag Growth International Inc. has called a meeting with the holders of its subscription receipts and its 5.25-per-cent extendible convertible debentures to request extensions to expiries and early maturity dates. The company said it believes giving notice of the meetings is prudent in the event that its acquisition of Vicwest Inc. is not completed by April 30, as planned.

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