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The British Columbia Securities Commission announced Wednesday that it has banned Rashida Samji for life from participating in B.C.’s capital markets after a hearing panel concluded she defrauded 200 investors of at least $100-million between 2003 and 2012.KAI PFAFFENBACH/Reuters

Our roundup of Canadian small-caps making news and on the move today. This post will be updated through the morning.

The board of True Gold Mining Inc. announced that it has appointed Christian Milau as the company's CEO, effective April 27, 2015.

He joins True Gold from Endeavour Mining Corp., where he has served as chief financial officer since 2011 and played a leading role in Endeavour's acquisition, financing, development, and operation of four gold mines.

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Lundin Mining Corp. said that mining and milling operations at its Candelaria and Ojos del Salado Mines, near the city of Copiapo, Chile, have been temporarily suspended due to recent heavy rainfall and flooding that has affected power and access to the site.

No significant damage or injuries have been reported at the Candelaria mine site, Lundin said.

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Legacy Oil + Gas Inc. said its fourth-quarter petroleum and natural gas sales rose 14 per cent to $133.1-million while reporting a net loss of 82 cents, much wider than the loss of 5 cents a year earlier.

Legacy said it now expects to spend $182-million on capital expenditures in 2015, which is equal to the anticipated cash flow that would be generated at average oil pricing of US$53 per barrel WTI and an 80 cents (U.S.) average exchange rate. The company now expects average production for 2015 of 23,300 barrels of oil equivalent per day and an exit rate of production for 2015 of 24,000 Boe per day.

Meanwhile, Legacy disclosed that Matt Janisch has stepped down as chief financial officer. Mr. Janisch had served in that role since the recapitalization of the company in July 2009. Legacy said that Curt Ziemer has been appointed to the CFO role. He had been responsible for all accounting and financial reporting functions of Legacy since 2009, most recently as accounting vice-president.

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Peyto Exploration & Development Corp. said it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy 4,380,000 common shares of the company and sell to the public at a price of $34.25 per common share. The deal is worth $150-million and there is an over-allotment option.

Net proceeds from the offering will initially be used to pay down outstanding bank indebtedness and to fund Peyto's ongoing capital expenditures and for general corporate purposes, the company said.

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Timmins Gold Corp. said that due to current market conditions, it will not be proceeding with a non-brokered private placement of its common shares originally contemplated to occur in conjunction with its business combination with Newstrike Capital Inc.

Under the terms of the arrangement announced earlier this year, Newstrike shareholders will receive 0.9 of a Timmins Gold common share and C$0.0001 in cash for each Newstrike common share.

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Taseko Mines Ltd. said its fourth-quarter revenues fell to $65.1-million (Canadian) from $94.9-million a year earlier. It reported an adjusted net loss of 10 cents, compared with breakeven a year earlier.

Results may disappoint the market: The Street was expecting revenue of $86-million and a 2-cent loss.

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Golden Star Resources Ltd. announced the results of its feasibility study on the development of an underground mining operation at its currently operating Wassa open pit mine in Ghana. The feasibility study estimates the Wassa Mine will produce an average of 163,000 ounces of gold per annum over its production life with average cash operating costs of $780 per ounce.

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Lake Shore Gold Corp. reported fourth-quarter revenue of $56.0-million, down from $65.8-million a year earlier. It saw breakeven EPS, versus a loss of 54 cents a year earlier. The Street was expecting a 1-cent profit and revenue of $59.6-million.

In 2015, the company is targeting gold production of 170,000 - 180,000 ounces with estimated cash operating costs per ounce sold in the range of $650 to $700, all-in sustaining costs per ounce sold between $950  and $1,000 and total production costs of $125.0 million. The 2015 targets for production and units costs are similar to the target ranges established a year earlier for 2014.

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Kelso Technologies Inc. reported its year-end financial results, which showed earnings 9 cents (U.S.), an increase of 50 per cent over the prior year's per-share profits. Revenues for the year increased by 64 per cent over the prior year to $23.8-million. "Recently the rail tank car manufacturers have announced record backlog orders for new tank cars that will require 2 to 3 years to complete," the company said. "Kelso is expected to benefit from these new orders as well as the anticipated mandatory retrofit of existing tank cars."

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Altius Minerals Corp. announced the implementation of a dividend policy, beginning with a quarterly dividend of 2 cents per share. The new dividend is combined with the renewal of a stock repurchase program of up to about 5 per cent of outstanding shares. The company also said it has made a $35-million payment on its term debt facility, resulting in a reduced effective interest rate of 6.5 per cent annually. "Following the recent monetization of its investment holding in Virginia Mines, which was recently combined with Osisko Gold Royalties, Altius gained the balance sheet flexibility to pay down debt related to the Prairies Royalties acquisition in April 2014 and thereby enhance the operating cash flows from our strong royalty portfolio," said Ben Lewis, CFO of Altius. "This in turn has allowed us to implement a dividend policy that we believe is not only sustainable but capable of growth going forward."