Tyhee Gold Corp. (TDC-X), which has moved closer to year lows, announced today the appointment of Brian K. Briggs as the company's President and CEO, as well as to the Board of Directors, effective immediately.
EnWave Corp. (ENW-X), which almost hit year low $1.20 yesterday, announced today it has signed a royalty-bearing commercial license with a Tier 1 company. This will allow EnWave to conduct a larger-scale market evaluation.
GENIVAR Inc. (GNV-T) announced yesterday a recommended cash offer to acquire all of the issued and outstanding shares of WSP Group plc, an international engineering services firm based in London, U.K. A press conference is planned for this morning. In other news, Caisse has invested $98.5-million, increasing its stake in Genivar to nearly 15 per cent.
Canaccord Financial Inc. (CF-T), which lost 2.5 per cent and fell closer to a year low $5.36 yesterday, announced the appointment of Dan Daviau as President of Canaccord Genuity Inc. and Canaccord Genuity Securities LLC, which combined form Canaccord Genuity's U.S. operations.
COM DEV International Ltd. (CDV-T), which rose more than 3 per cent Thursday in moving closer to a year high $2.83, announced second-quarter net income attributable to shareholders of $5.2-million, or $0.07 per share, an increase of $4.0-million compared to $1.3-million or $0.02 per share a year earlier.
Elemental Minerals Ltd. (ELM-T), which rose 13 per cent off year lows on Thursday, announced that the company's board of directors has initiated a process to identify, examine and consider various strategic alternatives available to the company with a view of maximizing shareholder value.
Yukon-Nevada Gold Corp. (YNG-T) announced that it has entered into an arrangement with Allied Nevada Gold Corp. (ANV-T) to process Hycroft gold- and silver-laden carbon in the carbon plant at the Jerritt Canyon milling facility located in Elko County, Nevada.
U.S. Silver Corporation (USA-T) and RX Gold & Silver Inc. (RXE.V) announced the signing of a definitive agreement to combine the two companies through a plan of arrangement. A conference call is scheduled for this morning at 11 a.m. ET.
Western Potash Corp (WPX-T) announced Thursday that it hopes to find a partner from China or India to pay for its proposed 2.8 million-tonne Canadian potash mine, said its CEO according to Reuters.
CanAlaska Uranium Ltd. (CVV-X), which gained 26 per cent yesterday, announced the acquisition by staking of two blocks of claims adjacent to and northeast of the past-producing Ruttan copper mine, located near Leaf Rapids in Northern Manitoba.