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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.

Osisko Gold Royalties Ltd (OR-T; OR-N) says it has entered into a binding term sheet to provide Falco Resources Ltd. (FPC-X) with a senior secured silver stream credit facility related to the future silver produced from the Horne 5 development-stage project in Rouyn-Noranda, Qué. As part of the silver stream, Osisko says it will make staged upfront cash deposits to Falco of up to $180-million and ongoing payments equal to 20 per cent of the spot price of silver, to a maximum of US$6 per ounce.

“Today’s announcement marks the beginning of a new chapter in the history of Osisko,” stated chair Sean Roosen. “With this commitment, Osisko looks forward to supporting another great mine build in Quebec, one of the top mining jurisdictions in the world.”

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Bonterra Resources Inc. (BTR-X) is buying Metanor Resources Inc. (MTO-X) in a proposed deal valued at $78-million.

As part of the letter of intent, Bonterra will acquire all of the issued and outstanding common shares of Metanor for 73 cents in equity consideration per share at an exchange ratio of 1.6039 Bonterra shares for each Metanor share. The company said the purchase price represents a 30-per-cent premium to its closing price on June 15.

The companies said the combination will create a precious metals growth exploration, development and production company located in one of the best mining jurisdictions in the world.

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Automotive Properties Real Estate Investment Trust (APR.UN-T) says it has extended the maturity of one of its existing credit facilities for a five-year term to June 2023. It also said it increased the amount available under the non-revolving component of credit facility 1 to $151.2-million from $121.2-million. “The additional $30 million will be drawn to pay down existing indebtedness under the REIT’s revolving credit facilities,” the REIT said in a release.

The REIT has also increased the amount available under the revolving component of credit facility 1 to $20-million from $15-million and extended the maturity to June 2023.

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PolyMet Mining Corp. (POM-T; PLM-N) says the U.S. Senate passed bipartisan legislation for a land exchange between the Forest Service and the company’s subsidiary Poly Met Mining, Inc. “Passage of the legislation marks another major milestone in PolyMet’s development of Minnesota’s first copper-nickel-precious metals mine, located near Hoyt Lakes,” the company said.

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Labrador Iron Ore Royalty Corp. (LIF-T) says its board has called a special meeting of shareholders, expected to be held in September, to seek approval of an amendment to its articles of incorporation to give it the flexibility to invest in “additional non-operating metal or mineral assets, including royalties and streams, and issue shares to finance such investments.”

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Invictus MD Strategies Corp. (GENE-X) says it has signed a non-binding letter of intent to sell dried cannabis to an unnamed German importer and distributor of medical cannabis. The company will initially commit to selling 1,000 kgs of dried cannabis flower per annum at a price of $6.50 per gram, Invictus said in a release. “The volumes and respective prices of dried cannabis flower for the second and consecutive years will be defined in a definitive offtake agreement,” the company stated.

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Choom Holdings Inc. (CHOO-CN) says it has secured the rights to an additional 7 retail locations in Alberta and an additional 3 B.C. retail leases. “In all cases, the retail opportunities are subject to all necessary governmental and municipal approvals being granted,” the company said.

“This is a significant step towards establishing Choom’s strategy to be a leading private cannabis retailer in Canada,” said CEO Chris Bogart.

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Neptune Technologies & Bioressources Inc. (NEPT-Q; NEPT-T) says it has signed a multi-year agreement with Canopy Growth Corp. (WEED-T; CGC-N) Under the terms of the agreement, Neptune will supplement Canopy Growth’s extraction, refinement, and extract product formulation capacity.

“Today’s agreement represents an important milestone in our cannabis growth strategy and validates our repositioning into larger global markets characterized by growth,” stated Neptune CEO Jim Hamilton in a release.

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Stingray Digital Group Inc. (RAY.A-T; RAY.B-T) says it has acquired a minority stake in Nextologies Limited, an Ontario-based provider of technological solutions for broadcasters. “This investment will provide Stingray with access to Nextologies’ innovative and secure signal IP distribution network at competitive rates,” the company stated in a release.

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Cronos Group Inc. (CRON-Q; CRON-T) says its Cronos Australia Pty Ltd. subsidiary has been granted a medicinal cannabis manufacture license by the Australian Office of Drug Control. “This license permits manufacturing of cannabinoid-based products in Australia and is required for all forms of extraction, refining, concentration and transformation of the cannabis plant,” the company stated.

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