Renaissance Gold Inc. (REN-T), which almost hit year lows on Friday, announced today the execution of an agreement with Summit Mining Exploration II, Inc., a U.S. subsidiary of Sumitomo Corp.
Miraculins Inc. (MOM-X), which was 10 per cent higher on Friday, announced today that it has received a Notice of Allowance from the United States Patent and Trademark Office for a patent that covers use of spectrophotometric measurements for the analysis of skin cholesterol.
Sonomax Technologies Inc. (SHH-X), which hit year low 3 cents on Friday, announced today that it has signed a letter of intent with global audio brand Klipsch for the integration of SonoFit into its line of earphones.
Edleun Group, Inc. (EDU-X), which rose 1 per cent on Friday, announced today that it has entered into agreements to acquire two child care centres in the eastern Greater Toronto Area.
GuestLogix Inc. (GXI-T), which lost nearly 2 per cent on Friday. announced today the deployment of its Global Payment Services technology to support a European airline's onboard retailing programs. The airline, an existing customer, will be using the GuestLogix' Global Payment Services, in conjunction with the company's onboard retail technology platform, to process credit card transactions onboard.
01 Communique Laboratory Inc. (ONE-T), together with Wi-LAN Inc. (WIN-T), announced that they have entered into a Settlement and Patent License Agreement with Bomgar Corp., which settles all litigation among the parties and provides Bomgar with a license to certain 01 Communiques U.S. patents.
TransGlobe Apartment Real Estate Investment Trust (TGA.UN-T) announced that the 45-day go-shop period, in connection with the previously announced privatization of the REIT by Starlight Investments Ltd. and PD Kanco LP during which the REIT was permitted to solicit superior proposals, expired on June 9, 2012 and was not extended.
First Uranium Corp. (FIU-T) said South Africa's Kumvest Pvt Ltd. offered to buy a 26 per cent stake for 37 Canadian cents per share, if some conditions are met. FIU's stock rose 4 cents or nearly 27 per cent during regular hours Friday, adding to the 88 per cent gained Thursday after it announced an agreement to sell Mine Waste Solutions and its subsidiaries to AngloGold Ashanti, as well as an agreement to sell the Ezulwini Gold Mine and related assets to Gold One International.
Le Chateau Inc. (CTU.A-T), which lost 2 per cent Friday, said net loss for the first quarter amounted to $6.5-million or $0.26 per share (diluted) compared to a net loss of $2.9-million or $0.12 per share (diluted) the previous year. Earnings and margins for the first quarter were negatively impacted by increased promotional activity.
Second Wave Petroleum Inc. (SCS-T), which is trading near year lows, announced continued success in the second quarter on its Judy Creek Beaverhill Lake light oil drilling program.