Wi-LAN Inc. , which closed up 3.5 per cent on Tuesday, announced that the United States Patent and Trademark Office has confirmed the validity of all the claims in WiLAN's US Patent No. 5,828,402 along with more than 30 new claims. It said the USPTO ruling signals that the 402 Patent re-examination proceedings are at an end.
Algonquin Power & Utilities Corp. , which lost 2 per cent yesterday, announced that, following deliberations held today, Maine Public Utilities Commission has indicated it intends to approve increased investment by Emera Inc. in APUC under the APUC-EMA strategic investment agreement.
Guyana Goldfields Inc. , which gained 2.5 per cent in moving away from near a year low $2.82 on Tuesday, announced its strategic plans for 2012 and a proposed non-brokered private placement pursuant to which GGI proposes to issue 8,391,069 common shares at a price of $2.91 per share for aggregate gross proceeds of approximately $24,418,010.
D-BOX Technologies Inc. , a provider of motion technology that is trading near year lows, and Taiwan's Ambassador Theatres announced today a first agreement to equip 10 screens in five theatres for a total of 142 D-BOX MFX Seats to be installed in the coming months.
Bellatrix Exploration , which closed Tuesday down nearly 10 per cent, provided an operations update and increased its 2012 exit rate guidance.
RX Gold & Silver Inc. provided an update for the three month period ended March 31, 2012. It reported approximately 8,615 ounces of gold equivalent production from its 100 per cent owned Drumlummon Mine in Montana, consisting of 6,625 ounces of gold and 117,635 ounces of silver production, respectively.
San Gold Corporation that has closed nearly 1 per cent higher yesterday announced today preliminary results of operations at its Rice Lake Mining Complex in Manitoba for the quarter ended March 31, 2012. Highlights include record gold production of 22,162 ounces, mill production of 153,537 tons, and mine production of 144,549 tons.
StorageVault Canada Inc. today announced the acquisition of 2.16 acres of undeveloped land in Saskatoon, Saskatchewan for $480,000. The company's intention is to use the land for an expanded PUPS portable storage operation and as location to develop a self-storage operation using PUPS storage units as fixed on-site storage lockers.
Spur Ventures Inc. today announced the appointment of John Morgan as president, CEO and a director of the company effective immediately. Mr. Morgan will succeed Dr. Rob Rennie, who has retired as President and CEO following the completion of the company's sale of its phosphate business in China. Dr. Rennie will remain with the company as a Director and has agreed to remain as an advisor to the Spur Board in order to ensure an orderly transition.
Timmins Gold Corp. , which has touched day highs at yesterday's close, announced today record gold production of 21,532 gold ounces and a gold recovery ratio of 69 per cent for its first quarter 2012 ended March 31. The company also produced 11,740 ounces of silver during the quarter.