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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.

Sierra Metals Inc. (SMT-T) reported third-quarter revenue of $29.5-million (U.S.) up from $17.1-million a year ago at its Sociedad Minera Corona S.A. subsidiary in Peru.

The company holds an 81.8-per-cent interest in Corona.

Net income was $7.3-million or 20 cents per share compared to net income of $40,000 or nil per share a year ago.

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Helix BioPharma Corp. (HBP-T) reported a net loss of $9.7-million or 11 cents per share for the year ended July 31, compared to a loss of  $8.8-million or 11 cents a year earlier.

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Luna Gold Corp. (LGC-T) says it has received shareholder approval of its proposed 10-for-one consolidation of the company's outstanding common shares.

Its shareholders voted 99.6 per cent in favour of the consolidation at a meeting on Oct. 31.

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American Hotel Income Properties REIT LP (HOT.UN-T) is buying a 104-room hotel located in Nashville, Ten. for $8.7-million (U.S.).
The price includes $950,000 for planned capital expenditures, the company said.

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Canopy Growth Corp. (CGC-T) has acquired ownership of Vert Médical, a Quebec-based Access to Cannabis for Medical Purposes Regulations (ACMPR) candidate.

Canopy Growth said it has also acquired the lease and the right to acquire 90 acres of land and a 7,000 square foot indoor growing and office facility located in Saint-Lucien, Quebec.

"We have spent the last few months assessing the market for potential acquisitions and Vert is one of a select few that stood up to our financial and business evaluation," stated CEO Bruce Linton in a release. "Expanding the medical cannabis market in Quebec is a key objective for our business and the acquisition of Vert gives us an exceptional platform upon which to meet the needs of the market in Quebec."

Canopy Growth said it has also acquired majority ownership of Drummondville, Que.-based Groupe H.E.M.P.CA Inc., which is licensed by Health Canada to cultivate hemp and extract oil from hemp seeds. 

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Wajax Corp. (WJX-T) reported third-quarter revenue of $286.6-million down slightly from $290.9-million a year ago.

Net earnings were $7.6-million or 38 cents per share compared to $7.5-million or 38 cents per share during the same quarter last year.

Net earnings during the most recent quarter include $1-million in pre-tax insurance proceeds related to the Fort McMurray wildfires, the company said.

Analysts were expecting revenue of $217.3-million and earnings of 14 cents per share.

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True North Commercial Real Estate Investment Trust  (TNT.UN-T) has bought a handful of office and industrial properties across Canada for a total of $66.9-million.

"We are very pleased to continue to implement our core strategy of adding quality properties with credit-rated tenants on long-term leases to our growing portfolio, as well as executing on the deployment of the proceeds from our recent public unit offering, while increasing the REIT's presence in strategic targeted geographic areas in urban cities," stated CEO Daniel Drimmer in a release.

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