Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news
E-L Financial Corporation Ltd (ELF-T) announced plans for a substantial issuer bid that will see it purchase up to $100-million in value of its outstanding common shares for cash, or approximately 3.3 per cent of its public float.
NFI Group Inc. (NFI-T) announced that its U.S. subsidiary has received a new contract from San Mateo County Transit for 10 of its next-generation, battery-electric Xcelsior heavy-duty transit buses. The order was included in the company’s second-quarter backlog.
Mr. Chawrun, a mining engineer with over 30 years of experience in the industry, was most recently COO of Teranga Gold Corp., prior to its acquisition by Endeavour Mining.
Its net loss of US$8.3-million versus a profit of US$2.7-million a year ago.
Hive Blockchain Technologies Ltd. (HIVE-X) reported revenue of US$44.2-million for its first quarter ended June 30 compared to US$39-million for the same quarter a year ago, according to documents filed on Sedar.com.
The expectation was for revenue of $US49-million, according to S&P Capital IQ.
Its net loss was US$95.3-million for the period compared to net income of US$23.5-million a year earlier. Adjusted EBITDA of US$11.2-million compared to $25.8-million a year ago.
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