S&P/TSX 60 Index

Wallbridge Signs Option Agreement with Kirkland Lake Gold on Detour East Property

Retrieved on: 
Monday, November 23, 2020
Kirkland Lake Gold, S&P/TSX 60 Index, Kirkland, Economy of Toronto, Companies, ONTARIO

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (Wallbridge or the Company) today announced that it has entered into an option agreement (the Option Agreement) with respect to its Detour East gold property (Detour East or the Property) with Kirkland Lake Gold Inc. (Kirkland), a wholly owned subsidiary of Kirkland Lake Gold Ltd. (TSX:KL).

Key Points: 
  • TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (Wallbridge or the Company) today announced that it has entered into an option agreement (the Option Agreement) with respect to its Detour East gold property (Detour East or the Property) with Kirkland Lake Gold Inc. (Kirkland), a wholly owned subsidiary of Kirkland Lake Gold Ltd. (TSX:KL).
  • During the Option period, Kirkland shall have the right to act as operator of the Property.
  • Upon satisfaction of the Option, Wallbridge and Kirkland shall form a joint venture (the Joint Venture) on Detour East with Kirkland acting as the operator of the Joint Venture (the Operator) to carry on operations with respect to the Property.
  • Upon Kirkland having incurred additional expenditures of $27.5 million during the Second Stage Option Period, Kirkland shall have earned an undivided 75% interest in the Property.

Infrastructure and Energy Alternatives, Inc. Announces the Addition of Laurene Bielski Mahon to Board of Directors

Retrieved on: 
Monday, November 23, 2020
Articles, Economy of Toronto, Canadian Imperial Bank of Commerce, S&P/TSX 60 Index, CIBC World Markets, Mahón, Infrastructure, Professional transportation planner, Institute of Economics, Academia Sinica

Ms. Mahon is currently a Vice Chair at CIBC World Markets Corp. and oversees its infrastructure investment banking business, a position she has held since 2018.

Key Points: 
  • Ms. Mahon is currently a Vice Chair at CIBC World Markets Corp. and oversees its infrastructure investment banking business, a position she has held since 2018.
  • Ms. Mahon began her career in infrastructure as a transportation planner for the Port Authority of New York and New Jersey.
  • It is with great pleasure that we welcome Laurie to our Board of Directors, said Derek Glanvill, IEAs Chairman of the Board.
  • Infrastructure and Energy Alternatives, Inc. is a leading infrastructure construction company with renewable energy and specialty civil expertise.

Skyharbour Partner Company Azincourt Mobilizes for Geophysical Program at the East Preston Uranium Project

Retrieved on: 
Monday, November 23, 2020
Nuclear technology, Mining, Companies, Mineral exploration, Cameco, Nuclear technology in Canada, S&P/TSX 60 Index, Denison Mines, Uranium, McArthur River uranium mine

They are familiar with East Preston, having done previous geophysical work on the project over the last few years.

Key Points: 
  • They are familiar with East Preston, having done previous geophysical work on the project over the last few years.
  • Skyharbour and Dixie Gold Inc. (Dixie Gold) entered into an Option Agreement (the Agreement) with Azincourt whereby Azincourt has an earn-in option to acquire a 70% working interest in a portion of the Preston Uranium Project known as the East Preston Property.
  • Extensive regional exploration work at East Preston was completed in 2013-14, including airborne electromagnetic (VTEM), magnetic and radiometric surveys.
  • Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine.

Gatik and Loblaw Deploy Canada’s First Autonomous Delivery Fleet

Retrieved on: 
Monday, November 23, 2020
George Weston Limited, Loblaw Companies, S&P/TSX 60 Index

This deployment marks the first autonomous delivery fleet in Canada.

Key Points: 
  • This deployment marks the first autonomous delivery fleet in Canada.
  • Todays announcement follows the successful completion of a 10-month on-road pilot in Toronto, with one autonomous delivery vehicle.
  • Middle-mile autonomous delivery is a great example, said Lauren Steinberg, Senior Vice President, Loblaw Digital.
  • With its fleet of light to medium duty trucks, Gatik is leading the way in autonomous middle mile delivery.

Sun Life named a top ten employer by The Boston Globe's 2020 Top Places to Work

Retrieved on: 
Friday, November 20, 2020
S&P/TSX 60 Index, Sun Life Financial, Employee benefits, Insurance, Articles, Business, Finance

The survey measures employee opinions about their company's direction, execution, connection, management, work, pay and benefits, and engagement.

Key Points: 
  • The survey measures employee opinions about their company's direction, execution, connection, management, work, pay and benefits, and engagement.
  • Since March 16, Sun Life has had nearly all employees working from home.
  • Sun Life has also been named a Best-in-State Massachusetts employer by Forbes , and a Best Company to Work For by Kansas City's Ingram's Business Magazine.
  • ), except in New York, where policies are issued by Sun Life and Health Insurance Company (U.S.) (Lansing, Mich.).

Cenovus and Husky announce leadership team for combined company

Retrieved on: 
Friday, November 20, 2020
Companies, Cenovus Energy, S&P/TSX 60 Index, Economy of Canada, Husky Energy, CVE, Calgary, Toronto Stock Exchange

CALGARY, Alberta, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the executive leadership team that is expected to lead the combined company created through the strategic combination of Cenovus and Husky announced on October 25, 2020.

Key Points: 
  • CALGARY, Alberta, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the executive leadership team that is expected to lead the combined company created through the strategic combination of Cenovus and Husky announced on October 25, 2020.
  • We believe it is important to move forward and establish the leadership team for the combined company to ensure we are well-positioned to begin capturing the synergies of this deal immediately after closing, said Alex Pourbaix, Cenovus President and Chief Executive Officer.
  • The composition of the anticipated management team was determined through discussions with leadership teams from both companies.
  • Closing of the transaction is expected to take place in the first quarter of 2021, with the combined company continuing to operate as Cenovus and remaining headquartered in Calgary, Alberta.

Cenovus and Husky announce leadership team for combined company

Retrieved on: 
Friday, November 20, 2020
Companies, Cenovus Energy, S&P/TSX 60 Index, Economy of Canada, Husky Energy, CVE, Calgary, Toronto Stock Exchange

CALGARY, Alberta, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the executive leadership team that is expected to lead the combined company created through the strategic combination of Cenovus and Husky announced on October 25, 2020.

Key Points: 
  • CALGARY, Alberta, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) and Husky Energy Inc. (TSX: HSE) are pleased to announce the executive leadership team that is expected to lead the combined company created through the strategic combination of Cenovus and Husky announced on October 25, 2020.
  • We believe it is important to move forward and establish the leadership team for the combined company to ensure we are well-positioned to begin capturing the synergies of this deal immediately after closing, said Alex Pourbaix, Cenovus President and Chief Executive Officer.
  • The composition of the anticipated management team was determined through discussions with leadership teams from both companies.
  • Closing of the transaction is expected to take place in the first quarter of 2021, with the combined company continuing to operate as Cenovus and remaining headquartered in Calgary, Alberta.

MetalCorp Announces Earn-In Agreement with Barrick Gold on MetalCorp’s Hemlo East Property

Retrieved on: 
Friday, November 20, 2020
Mining, Barrick Gold, S&P/TSX 60 Index, Barrick, Economy of Ontario, Golden Giant Mine

THUNDER BAY, Ontario, Nov. 20, 2020 (GLOBE NEWSWIRE) -- MetalCorp Limited (MetalCorp) (TSXV MTC) is pleased to announce that it has entered into an earn-in agreement (the Earn-In Agreement) with Barrick Gold Inc. (Barrick), a wholly-owned subsidiary of Barrick Gold Corporation, relating to MetalCorps Hemlo East gold property (the Hemlo East Property) located about 350 kilometers east of Thunder Bay, Ontario.

Key Points: 
  • THUNDER BAY, Ontario, Nov. 20, 2020 (GLOBE NEWSWIRE) -- MetalCorp Limited (MetalCorp) (TSXV MTC) is pleased to announce that it has entered into an earn-in agreement (the Earn-In Agreement) with Barrick Gold Inc. (Barrick), a wholly-owned subsidiary of Barrick Gold Corporation, relating to MetalCorps Hemlo East gold property (the Hemlo East Property) located about 350 kilometers east of Thunder Bay, Ontario.
  • Barrick is currently operating the Williams and David Bell Gold Mines which are adjacent to the Hemlo East Property.
  • Over 21 million ounces of gold have been produced to date from the Hemlo gold deposits.
  • After completion of the earn-in, Barrick and MetalCorp will form a joint venture company (JVCo), to hold the Hemlo East Property, to be owned 80% by Barrick and 20% by MetalCorp with funding on a pro-rata basis.

Leviathan Announces Increase to Previously Announced Brokered Private Placement to $9.9 Million

Retrieved on: 
Thursday, November 19, 2020
Kirkland Lake Gold, S&P/TSX 60 Index, Fosterville, Avoca, Companies, Stock exchanges

VANCOUVER, British Columbia, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Fosterville South Exploration Ltd. (TSX-V:FSX) is pleased to announce today that, due to strong demand, Leviathan Gold Finance Ltd. (the Company) has agreed with Clarus Securities Inc. (Clarus or the Agent) to increase the size of its previously announced C$7,500,000 private placement offering.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Fosterville South Exploration Ltd. (TSX-V:FSX) is pleased to announce today that, due to strong demand, Leviathan Gold Finance Ltd. (the Company) has agreed with Clarus Securities Inc. (Clarus or the Agent) to increase the size of its previously announced C$7,500,000 private placement offering.
  • The net proceeds of the Offering will be used by the Company to fund the purchase price for the Avoca and Timor projects and for general working capital.
  • km property immediately to the south of and within the same geological framework that hosts Kirkland Lake Gold's Fosterville tenements.
  • Additionally, Fosterville South has gold-focused projects called the Moormbool, Timor and Avoca Projects, which are also located in the state of Victoria, Australia.

Scotiabank's top financial experts to address Canadians' most pressing investment concerns amid the COVID-19 pandemic during virtual event

Retrieved on: 
Thursday, November 19, 2020
S&P/TSX 60 Index, Scotiabank, Companies, Economy of Canada

"We know many Canadians are facing financial uncertainties right now and have questions about their financial future," said D'Arcy McDonald, SVP, Deposits, Investments & Payments at Scotiabank.

Key Points: 
  • "We know many Canadians are facing financial uncertainties right now and have questions about their financial future," said D'Arcy McDonald, SVP, Deposits, Investments & Payments at Scotiabank.
  • "We've heard these concerns and want to help them understand the current investment environment, the road ahead and how and when to tap into expert advice."
  • More than half of Canadians (51%) revealed the need to reassess their financial goals due to the challenges posed by COVID-19.
  • "An overwhelming number of Canadians are looking for financial advice whether it is about their investments, the economic recovery outlook, or their retirement," says McDonald.