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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.

Westshore Terminals Investment Corp. (WTE-T) reported fourth-quarter revenue of $90.1-million, up from $80.8-million a year earlier. Total income was $31.5-million, up from $21.9-million a year earlier, according to its MD&A filed on Sedar.com. Analysts were expecting revenue of $88.4-million and income to be $29.9-million in the latest quarter.

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New Look Vision Group Inc. (BCI-T) reported its fourth-quarter revenues increased by 5.4 per cent over the same time last year to $71.1-million, which was in line with expectations. “This results mainly from the impact of the acquisition of Iris, as well as comparable store sales growth,” the company stated. Comparable store sales orders were up by 0.8 per cent compared to the fourth quarter of last year.

Net earnings attributable to shareholders reached $3.1-million or 20 cents per share compared to $2.8-million or 18 cents last year, "attributable to higher EBITDA, partially offset by higher depreciation, financial expenses and income taxes."

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Dream Industrial REIT (DIR-UN-T) announced it’s in “exclusive negotiations” on the acquisition of three properties located in the Greater Toronto Area and Ottawa with a combined purchase price of about $76-million, representing an anticipated weighted average going-in cap rate of approximately 5.3 per cent. The trust also announced it was included in the S&P/TSX Composite Index as part of its quarterly rebalancing. Concurrently, the REIT was also added to the S&P/TSX Capped REIT Index.

“Inclusion in the S&P/TSX Composite Index represents a significant milestone for the Trust,” said Lenis Quan, chief financial officer of Dream Industrial REIT. “The inclusion in the index serves as an endorsement of the Trust’s ability to execute on its growth strategy and is expected to provide increased exposure in the capital markets, expand the attractiveness of our company to a wider range of investors and enhance unitholder liquidity.”

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Tucows Inc. (TCX-Q; TC-T) announced an agreement to acquire wholesale domain name registrar Ascio Technologies for $29.4-million. The purchase price will be funded through Tucows’ existing credit facility, the company stated.

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The acquisition of Ascio adds approximately 1.8 million domains under management and approximately 500 active resellers, the company stated.

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Holloway Lodging Corp. (HLC-T) announced that it has sold its single tenant property located in Timmins, Ont. for $1.7-million, representing a cap rate of approximately 8.1 per cent. “Holloway estimates that it will record a gain on sale of approximately $537,000 in the first quarter of 2019,” the company stated.

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