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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.

MedMen Enterprises Inc. (MMEN-CN) said it has signed an agreement with WhiteStar Solutions LLC to acquire control of Monarch, a Scottsdale, Arizona-based licensed medical cannabis license holder with dispensary, cultivation and processing operations through the acquisition of Omaha Management Services, LLC.

In addition, MedMen will acquire from WhiteStar their exclusive co-manufacturing and licensing agreements with Kiva, Mirth Provisions and HUXTON for the state of Arizona, the company stated.

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The company will pay approximately 80 per cent in stock and 20 per cent in cash.

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Dorel Industries Inc. (DII.B-T; DII.A-T) has acquired UK-based Alphason, which designs and distributes home office and audio-visual furniture.

"The purchase provides Dorel Home with a new base as well as a distribution hub to serve its growing European business," the company stated. Terms of the transaction were not disclosed.

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AirBoss of America Corp. (BOS-T) says its AirBoss Defense segment has been awarded an IDIQ (indefinite delivery/indefinite quantity) contract from the U.S. Department of Defense for the manufacture of up to 1.6 million pairs of AirBoss Molded Glove (AMG) chemical, biological, radiological and nuclear defense (CBRN) protective gloves.

"The contract consists of an initial base year and two option years and is expected to be worth up to an aggregate amount of US$36.5 million, assuming 1,620,000 pairs of AMGs are sold," the company said.

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To date, AirBoss Defense said it has received two orders for a total of 540,000 pairs of AMGs, worth approximately US$11.4 million.

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Killam Apartment REIT (KMP.UN-T) announced $88-million in new acquisitions, including $82.1-million in newly constructed apartments and $5.7-million in land to expand its development pipeline. The acquisitions include properties in Calgary, Ottawa, Charlottetown and Waterloo, the company stated.

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Teranga Gold Corp. (TGZ-T) says it’s acquiring the remaining 49-per-cent interest in the Golden Hill and Gourma projects from Boss Resources Limited or a total of $10-million in Australian currency (about $9.2-million Canadian).

Teranga previously had the right to increase its 51-per-cent stake and earn up to an 80-per-cent interest in each project upon delivery of a feasibility study on either project and the payment of $2.5 million Australian. With this transaction, Teranga said will own a 100-per-cent interest in each of the Golden Hill and Gourma projects, located in Burkina Faso, West Africa.

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Cannex Capital Holdings Inc. (CNNX-CN) says its first-quarter revenues increased 223 per cent to $3.4-million compared to $1.5-million for the comparative period. “Revenue was generated primarily by way of packaging sales and rental income,” the company stated.

Net Income for the period was $2.4-million as compared to a loss of $403,027 for the comparative period. Adjusted EBITDA increased 73 per cent to $1.8-million fcompared to $983,186 for the comparative period, the company said.

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Harvest One Cannabis Inc. (HVT-X) says it has made an investment in Burb Cannabis Corp., a new B.C.-based retailer of cannabis and cannabis-related products.

"The Company's investment in Burb represents the maximum investment permitted by a Licensed Producer in a retail cannabis business under applicable British Columbia law and regulation," the company stated. "It also marks the initiation of Harvest One's cannabis retail strategy, a core pillar of the Company's broader vertically integrated corporate strategy."

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Under the terms of the agreement, the company invested $1.75 million for an approximately 20 per cent equity position in Burb, as well as an option to acquire a future majority stake.

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Aecon Group Inc. (ARE-T) said that SA Energy Group, a 50/50 joint venture between Aecon and Robert B. Somerville Co. Ltd., has been awarded a $526-million contract by TransCanada Corp. for Spreads 3 and 4 of the Coastal GasLink Pipeline project in British Columbia.

“This award demonstrates SA Energy Group’s recognized reputation as a preeminent partner for major pipeline construction and Aecon’s proven capabilities delivering a diverse range of projects through our Industrial segment,” stated Jean-Louis Servranckx, CEO of Aecon Group Inc. in a release.

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Helius Medical Technologies, Inc. (HSM-T; HSDT-Q) said it has an agreement with HealthTech Connex, Inc. to develop and manage neuroplasticity clinics in Canada.

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“We are excited to announce this strategic alliance with HealthTech Connex and look forward to establishing our commercial infrastructure in Canada,” said CEO Philippe Deschamps. “This new agreement with HTC will result in the formation of a new operating entity called Heuro Canada and is the first step towards our shared goal of giving hope to people with Traumatic Brain Injury by ensuring that our novel therapy will be accessible to Canadians once cleared by the regulatory authorities."\

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