Pure Industrial Real Estate Trust announced the successful completion of the purchase of a single tenant, fully leased income producing industrial property in the Greater Vancouver Area for a total purchase price of $4.45-millon. The property has a total rentable area of 46,300 square feet and is 100 per cent leased until September, 2016 to Zodiac Hurricane Technologies Inc. PIRET acquired the property on an all cash basis and funded the acquisition with equity from the bought deal financing announced Jan. 11, 2012 and completed on Jan. 26, 2012. The asset was acquired at a capitalization rate of 6.50 per cent.
Nine companies on the TSXV saw more than 3 million of their shares traded yesterday. Calibre Mining hit a new 4.5 year high of 59 cents with around 15.4 million shares traded. More than 10.3 million CardioComm Solutions shares changed hands as it touched a day high 47.5 cents, near enough to a recent decade high 59 cents. Also well traded were Brookemont Capital , Bellamont Exploration , Goldbrook Ventures , Majescor Resources , Niogold Mining and Tri Origin Exploration .
SMART Technologies Inc. , a provider of collaboration solutions that saw its shares fall nearly 1.5 per cent on Wednesday, will report financial results for its fiscal third quarter ended Dec. 31, 2011, after the financial markets close in the United States and Canada on Thursday, Feb. 2, 2012. In conjunction with this announcement, SMART will host a conference call on Thursday, Feb. 2, 2012, at 2.30 p.m. MT (4.30 p.m. ET) to discuss the company's financial results.
Mandalay Resources Corporation , which fell 4 per cent yesterday, announced its production results for the quarter and year ended Dec. 31, 2011, Mandalay also re-iterated its 2012 production guidance of 25,000 to 35,000 oz Au, 2.7 to 3.0 million oz Ag and 1,800 to 2,200 t Sb (92,500 to 111,500 oz Au Eq. using $1,600/oz (U.S.) Au price, $32.00/oz (U.S.) Ag price and $12,000/t (U.S.) Sb price). It said production will increase through the year as Cerro Bayo reaches its stable design production rate in the fourth quarter.
Retained executive search firm The Caldwell Partners International Inc. , which rose 3 per cent and closer to year highs on Wednesday, issued its financial results for the fiscal 2012 first quarter ended Nov. 30, 2011. Net loss before tax was $444,000 in fiscal 2012 as compared to a loss of $993,000 in fiscal 2011. Fiscal 2012 first quarter operating revenue increased by 13 per cent over the comparable period last year to $7.3-million. U.S. revenues represented 71 per cent of that total, increasing 48 per cent. Revenues from Canadian operations decreased 28 per cent to $2.1-million due to an unusually strong comparable period last year.
Manitou Gold Inc. today announced assay results from the 2011 diamond drilling program on the Merrill Patents located in Northwestern Ontario. The company said drill hole ML-11-01 intersected an 11.0 m wide interval, which averaged 2.2 g/t Au and included a 2.0 m interval that assayed 8.2 g/t Au. The gold intersection is at a shallow depth, approximately 65 m below surface, and is augmented by two intersections in diamond drill hole ML-11-02.
Edgewater Wireless announced today the successful trial of its flagship EAP3000 family of multi-channel, 802.11 compliant access point products in the region of Tres Pontas, Brazil. In this trial, Edgewater Wireless replaced 6 existing, single-channel access points with a single EAP3000 access point in an area of high networking congestion and interference.
Process solutions provider ProSep Inc. announced today that its majority owned South-Korean joint venture company, ProSep Kolon Company Limited, was awarded a contract for the supply of a utility gas treatment system valued at $3.3-million. The customer is a South-Korean engineering firm selected to perform engineering, procurement and construction of a gas processing facility in Saudi Arabia.
New Dimension Resources Ltd. today announced a summary of its 2011 exploration programs at its Lansing Project located in central Yukon. Highlights of the 2011 surface program include the identification of several strongly elevated gold-in-soil values and the discovery of precious metal enriched, multi-element veins. NDR was just above year low $0.065 at yesterday's close.
Mobile advertising services provider VoodooVox Inc. announced today that it has entered into a contract with pluriME International Inc. to develop and execute on advertising campaigns designed to drive users to pluriME's new online deals platform called pluriDEAL.