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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.

MTY Food Group Inc. (MTY-T) says it's buying the Grabbagreen franchise system for about US$2.75-million. Grabbagreen has 27 restaurants in the U.S. and is a "young and trendy brand with solid growth potential," the company stated.

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Slate Retail REIT (SRT.UN-T) reported fourth-quarter rental revenue of US$34.9-million up from US$25-million a year ago. Net operating income was US$24.6-million versus US$17.9-million a year earlier.

Net income was US$31.4-million versus a loss of US$12.4-million. Funds from operations came in at 33 cents which was in line with expectations and compared to 24 cents a year ago.

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Frontera Energy Corp. (FEC-T) says its chief financial officer Camilo McAllister has resigned "to pursue other career opportunities." His last day is March 9.

Frontera says corporate finance director Alejandro Piñeros will be interim CFO until a replacement is found.

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Copper Mountain Mining Corp. (CMMC-T) reported fourth-quarter revenue of $85.7-million compared to $84.5-million for the same quarter a year earlier.

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Net income was $23.5-million or 12 cents per share, which beat expectations of 3 cents and compared to $2.9-million or a penny per share the year before.

Adjusted earnings per share came in at 15 cents compared to 6 cents a year earlier.

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Trinidad Drilling Ltd. (TDG-T) has it has initiated a strategic review "in an effort to enhance shareholder value," which could include options such as a sale of the company.

The company said it believes that the current trading price of its common shares does not reflect the value of the company, "despite improving industry fundamentals and recent steps taken by Trinidad to improve shareholder value."

It said the "broad range of alternatives" includes "a sale of selected assets, a merger, a corporate sale, a strategic partnership, various capital re-deployment opportunities or any combination of the foregoing."

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Uni-Select Inc. (UNS-T) reported fourth-quarter sales of $415-million, up from $291-million a year earlier, driven by the sales generated from recent acquisitions.

Net earnings were $8.7 million or 21 cents per share compared to $12.7-million or 30 cents a year earlier.

Adjusted earnings were $11.6-million or 27 cents versus $13.1-million or 31 cents a year ago. Adjusted earnings were impacted by additional depreciation and amortization as well as finance costs, all related to recent business acquisitions and investments in capital, the company said.

Analysts were expecting sales of $415.2-million and adjusted earnings of 29 cents per share.

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Kingsway Financial Services Inc. (KFS-T; KFS-N) reported a net loss attributable to common shareholders of $4.6-million or 20 cents per diluted share in the fourth quarter compared to net income attributable to common shareholders of $1-million or 5 cents per diluted share.

Its adjusted operating loss was $13.1-million for the fourth quarter compared to $1.1-million a year earlier. Total revenue came in at $49.5-million versus $52.8-million a year earlier.

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Millennial Lithium Corp. (ML-X) says it's raising $21-million in a bought-deal financing. It has an agreement with a syndicate of underwriters co-led by Canaccord Genuity Corp. and Cantor Fitzgerald Canada Corporation to buy 6 million units at $3.50 each.

It said the net proceeds are expected to be used by the Company for exploration and development activities at its lithium properties in Argentina and for general working capital purposes.

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Osisko Gold Royalties Ltd (OR-T; OR-N) reported revenues from royalties and streams of $32.2-million in the fourth quarter, which it said is a 135-per-cent increase compared to the same quarter last year.

Its net loss was $64.3-million or 41 cents per basic share (reflecting an impairment charge of $89-million on the Éléonore royalty interest) compared to net earnings of $8.7-million or 8 cents per basic share a year ago.

Adjusted earnings were $1-million or a penny per share compared to $6.9-million or 7 cents a year earlier.

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