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Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Niagara-ion-the-Lake, Ont.-based Diamond Estates Wines & Spirits Inc. (DWS-X) reported sales of $7.6-million for the first quarter of fiscal 2016 ended June 30, up from $5.2-million in the year-earlier period. Net profits were $60,315 versus a net loss of $197,681 a year ago. The sales increase primarily related to distribution rights acquired from the business combination with The Kirkwood Group to form Kirkwood Diamond Canada Partnership on Oct. 1, 2014, the company said.

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Toronto-based Bedrocan Cannabis Corp. (BED-X) said its shareholders have overwhelmingly approved the proposed plan of arrangement involving its acquisition by Tweed Marijuana Inc. (TWD-X).

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Calgary-based SilverWillow Energy Corp. (SWE-X) said its shareholders have approved the proposed amalgamation of SilverWillow and 9341102 Canada Inc., a wholly-owned subsidiary of Value Creation Inc.

On July 2, SilverWillow, AcquireCo and Value Creation entered into an agreement pursuant to which SilverWillow agreed to amalgamate with AcquireCo and continue as a wholly-owned subsidiary of Value Creation. Upon closing of the amalgamation, SilverWillow shareholders will receive cash consideration of 3 cents per SilverWillow share.

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Vancouver-based Atico Mining Corp. (ATY-X) reported income from operations of $507,601 (U.S.) and net loss of $470,246 for the second quarter ended June 30. A year ago the net loss was $205,712. Sales for the quarter decreased 18 per cent to $6.12-million compared with the year-ago period, mainly due to lower metals prices.

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Montreal-based HNZ Group Inc. (HNZ.A-T; HNZ.B-T ), a provider of helicopter transportation and related support services, said it will undertake a normal course issuer bid to buy up to 3 per cent of the company's shares.

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Toronto-based Batero Gold Corp. (BAT-X)  said it has acquired an additional 648,000 common shares of CB Gold on the open market. The company, which has offered to buy all of CB Gold shares, now holds 13,507,000 CB Gold shares.

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Calgary-based Gordon Creek Energy Inc. (GDN-X) said it has closed an interim financing deal with Excalibur Partners XX, LP for a bridge loan totalling $3- million (U.S.). It said the funds will be used to re-work and re-activate up to 14 previously drilled development wells in order to increase cash flows and reserves.

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Drummondville, Que.-based NAPEC Inc. (NPC-T) said its subsidiaries have been awarded several contracts for a total combined value of $33.7-million (U.S.).

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Toronto-based PharmaCan Capital Corp. (MJN-X) said it has signed a definitive share purchase agreement with 2468068 Ontario Inc. for the sale of up to an 80 per cent interest of In The Zone Produce Ltd. and for the sale of the associated real property. Upon closing PharmaCan will receive net proceeds of about $3.5-million. A further $1 million will be received upon the achievement of construction related milestones. "We are very excited to be working with PharmaCan to build ITZ into a world-class producer of premium medical-grade cannabis," said NWC's CEO, Andrew Muroff.

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