Canadian issues that are moving on early news
Western Wind Energy Corp., which lost 2 per cent yesterday despite going close to a year high $2.67, announced that its shareholders have voted overwhelmingly in favour of management’s nominees for election as directors of the company.
GLENTEL Inc., which operates the WirelessWave mobile phone retail outlets and lost 5 per cent on Tuesday, announced it has entered into an agreement to acquire 83 per cent shareholding in AMT Group Pty Ltd Australia, which operates and manages over 210 Allphones stores across Australia. The total purchase price is $70.6-million (Australian dollars), subject to closing adjustments.
Canyon Services Group Inc. announced that its Board of Directors has declared a quarterly dividend of $0.15 per share for holders of Canyon common shares. The dividend will be paid on October 26th, 2012 to shareholders of record on October 12th, 2012. The ex-dividend date is October 10th, 2012.
Northern Vertex Mining Corp. plans to commence a resource definition drill program to expand the parameters of a potential starter pit at the Moss Gold-Silver Project in Arizona. The program will focus on two central hills on patented ground within the property where mineralization is exposed at surface. NEE rose 4 per cent yesterday.
Queenston Mining Inc. reported an updated mineral resource statement for the 100 per cent owned Upper Beaver Gold-Copper Project. The company said indicated resource rose 112 per cent to 1.5 M oz. gold while inferred resource increased by 16 per cent to 0.7 M oz. gold at Upper Beaver.
Riverstone Resources Inc. has received the formal transfer documentation from the Burkina Faso Minister of Mines evidencing the transfer of the Liguidi Malguem exploration permit from Orex Ressources sarl to Riverstone. RVS lost 7 per cent yesterday.
IMRIS Inc., which is trading at year highs, announced a global partnership with KARL STORZ GmbH & Co. KG to merge VISIUS Surgical Theatre system integration with OR1 technology from KARL STORZ.
Copper Fox Metals Inc. incurred a net loss for the third quarter of $1.33-million compared to a net loss of $512,382 in the year earlier period. It also reported on the status of the Schaft Creek Feasibility Study and provided the Mira re-interpretation of Airborne Magnetometer and Titan-24 Surveys.
New Dawn Mining Corp. said it received approval from minority shareholders at its Falcon Gold subsidiary in Zimbabwe for it to acquire all outstanding minority shares.
Camisha Resources Corp. announced that on September 21, 2012, it entered into an agreement in principal to acquire 100 per cent of Prima Fluorspar Corp.