Canadian issues that are moving on early news.
First Uranium Corp. announced the sale of all shares of Mine Waste Solutions (Proprietary) Ltd., owner of the tailings recovery project in South Africa, to AngloGold Ashanti Ltd. First Uranium shares rose 6.5 per cent yesterday.
CERF Inc., which lost one per cent yesterday, announced the appointment of Marc Mandin as vice president of rental operations, David Maplethorpe as vice president of waste and environmental operations, and David as vice president of business development.
Northampton Group Inc. reported revenues of $6.1-million for the fourth quarter of fiscal 2012. Loss in the quarter was $843,388. In the same quarter last year, revenues were $5.9-million with losses of $316,584. Cash flow decreased 127.4 per cent to $135,940 or $0.005 per share from $495,233 or $0.019 per share in the same period of the previous year.
Calvalley Petroleum Inc. reported production had resumed at the Al Roidhat field.
Nuvo Research will receive $6-million U.S. of milestone payments related to Pliaglis E.U. approvals.
Aldridge Minerals Inc., which fell six per cent Thursday, reported second-quarter 2012 financial results and provided a corporate update.
Treasury Metals Inc., which fell six per cent and closer to a year low of 61 cents yesterday, announced the results of a National Instrument 43-101 Preliminary Economic Assessment on its 100 per cent owned Goliath Gold Project. The PEA is an update to the July 2010 PEA and it incorporates the most recent resource report.
Wexford Capital LP responded to the Directors’ Circular filed by the board of directors of Oro Mining Ltd. It has offered to purchase any and all common shares of Oro Mining at a price of $0.11 per share. Oro’s board unanimously recommended shareholders reject the unsolicited offer.
Kombat Copper Inc., which is trading near year lows, provided an update on its Namibian copper projects as well as its broader corporate objectives for the third and fourth quarters of 2012.