Canadian issues that are moving on early news.
Destiny Media Technologies reported revenues of $1-million in the third quarter, ending May 31, 2012, with net income of $651,138 ($.01 per share). In the same period last year, revenues were $1.2-million with net income of $230,720.
SilverCrest Mines Inc., which lost one cent yesterday, announced the results of an additional 11 holes of the phase two drill program currently underway at its La Joya Property in Durango, Mexico. “We have successfully expanded mineralization in all lateral directions along the Trend with the possible expansion of the declared resource,” said president J. Scott Drever.
SENSIO Technologies Inc. announced a 3D video-on-demand licensing agreement with Starz Digital Media, the digital licensing arm of Starz Media, LLC, to make select 3D movies available for on-demand rental on SENSIO’s 3DGO! service. SIO climbed nearly 16 per cent yesterday to 37 cents.
Taseko, which is trading near year lows, provided an update on its GDP3 project that will increase Gibraltar concentrator capacity to 85,000 tons per day. Commissioning will begin in December of this year, and ramp up to design capacity is expected to take six months.
Gluskin Sheff + Associates Inc., which is trading near year lows, announced its preliminary estimate of assets under management. The company’s fiscal year ended June 30, 2012 and its preliminary unaudited estimate of performance fees for the quarter and year ended June 30, 2012.
New Flyer Industries Inc. announced order activity for the second fiscal quarter of 2012, ending June 30, 2012. It declared a dividend on the common shares of New Flyer, including those shares held separately and those shares held in the form of an income deposit security, in the amount of $0.07167 per share, which will be payable on August 15, 2012 to holders of record at the close of business on July 31, 2012.
Augusta Resource Corporation has completed an updated National Instrument 43-101 compliant mineral resource for its Rosemont Copper project near Tucson, Arizona.
Plazacorp Retail Properties Ltd. announced today that it will develop six new retail properties. Three projects are located in Quebec, one in Nova Scotia, one in New Brunswick and one in Newfoundland.
Cline Mining Corporation, which fell 7.5 per cent to near year lows Monday, announced its second quarter unaudited financial statements in conjunction with its management discussion and analysis for the interim period ending May 31, 2012.
Georox Resources Inc., which climbed 24 per cent, continuing its move away from near year lows on Monday, announced drilling success at Coteau Lake and additional land acquisitions.