Canadian issues that are moving on early news
NXT Energy Solutions Inc., which rose 3 per cent yesterday, has been awarded a contract to conduct a $4.73-million U.S. SFD survey for Petroleos Mexicanos, the National Oil Company of Mexico. NXT has gone forward with SFD data acquisition and interpretation operations in Mexico.
Wireless Matrix Corporation reported a first-quarter 2013 net loss of $874,000, or $0.01 per share. Revenues were $7.6-million, which is below the $10.9-million estimate. In the same period last year, net loss was $674,000, or $0.01 per share, on revenues of $8.2-million.
Cap-Ex Ventures Ltd. has received the second set of assay results from its ongoing drill program within the Greenbush Zone. The company said all 13 holes drilled on this second, approximately 2,500 meter long drill line, intersected iron taconite mineralization. CEV closed yesterday’s session 16 per cent higher.
Arbor Memorial Services Inc., which is trading near a year low $22, announced a board-supported all cash offer of $32.00 per share. It also announced its results for the 13 weeks ended July 29, 2012, and declared a quarterly dividend.
Great Basin Gold Ltd., which fell 4 per cent and closer to a year low 18 cents Tuesday, announced that it has suspended operations at the company’s Burnstone mine located in the Witwatersrand Basin of South Africa as at Sept. 11, 2012, following a recommendation from the company’s strategic review special committee. A trading halt was placed on the stock after market close on Tuesday and may or may not be taken off before trading starts Wednesday.
According to its website, Bioniche Life Sciences is slated to issue a fiscal 2012 year-end financials news release Wednesday, Sept 12. The stock gained near 4 per cent yesterday.
Kaminak Gold Corporation, which gained more than 3 per cent yesterday, announced assay results from 52 drill holes located within the Supremo gold zones T3, T4 and T5. The purpose of this shallow drilling was to extend the T4 and T5 zones towards the nearby T3 zone.
Sigma Industries Inc. updated the information concerning its audited financial report and announced that Sigma continues its negotiation to finalize the agreement with its institutional lenders for the renewal of credit facilities at its disposal and consequently expects to be in a position to file its audited financial statements for the last two quarters by end October.
Clemex Technologies Inc., which is trading near a year low 10 cents, announced its financial results for the first quarter of fiscal year 2013 ending July 31, 2012. Sales reached $1.31-million, an increase of 5 per cent compared to the same period last year. It posted a net loss of $44,265 compared to a net loss of $46,247 posted last year.
Western Wind Energy Corp., which is trading at year highs, provided an update on the previously announced process to sell the company and all of its assets. The company also reported that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that shareholders of Western Wind vote the YELLOW proxy in support of the current board of directors of Western Wind.