Cineplex Inc. (TSX:CGX) hit a new 52-week high of $34.06 Monday. Cineworld Group plc has signed an arrangement agreement with Cineplex Inc. pursuant to which Cineplex shareholders will receive C$34 in cash for each common share, valuing the fully diluted equity of Cineplex at $2.18 billion. The Acquisition price implies an enterprise value of $2.8 billion and a valuation multiple of 6.3x 2019E EBITDA
Canadian Pacific Railway Limited (T.CP) hit a new 52-week high of $333.10 Monday. The Board of Directors of Canadian Pacific Railway declared a quarterly dividend of $0.83 per share on the outstanding Common Shares. The dividend is payable on January 27, 2020 to holders of record at the close of business on December 27, 2019, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.
Novoheart Holdings Inc. (V.NVH) hit a new 52-week high of 59 cents Monday. Novoheart, a global stem cell biotech company that invented and commercialized the world’s first and only “human heart-in-a-jar” model for drug discovery and development, is pleased to announce an exclusive licensing agreement with Harvard University’s Office of Technology Development.
PetroTal Corp. (V.TAL) hit a new 52-week high of 44.5 cents Monday. PetroTal provided an update on its operations and production at the Bretaña oil field in Block 95 in Peru (100% working interest). All monetary amounts in this release are in United States dollars.
Highlights: Initial three-day production rate at the BN 95-5H horizontal well ("5H") is 8,250 barrels of oil per day, exceeding management's expectations; 5H well completed on time and came in approximately 20% ($3.0 million) less than the original $14.5 million budget; completed the 5H well using new technology to maximize oil production.. The Bretaña oil field reached new record production of over 9,000 BOPD, currently with just two (the 5H and the 1XD) of the six wells online.
Azimut Exploration Inc. (V.AZM) hit a new 52-week high of 53 cents Monday. No news announcements today.
Converge Technology Solutions Corp. (V.CTS) hit a new 52-week high of $1.72 Monday. No news announcements today.
Enghouse Systems Limited (T.ENGH) hit a new 52-week high of $48.63 Monday. No news announcements today.
ESSA Pharma Inc. (V.EPI) hit a new 52-week high of $8.45 Monday. No news announcements today.
Genesis Metals Corp. (V.GIS) hit a new 52-week high of 37 cents Monday. No news announcements today.
Golden Valley Mines Ltd. (V.GZZ) hit a new 52-week high of 45 cents Monday. No news announcements today.
Jadestone Energy Inc. (V.JSE) hit a new 52-week high of $1.40 Monday. No news announcements today.
Minera Alamos Inc. (V.MAI) hit a new 52-week high of 27 cents Monday. No news announcements today.
Genworth MI Canada Inc. (T.MIC) hit a new 52-week high of $58.45 Monday. No news announcements today.
Pan American Silver Corp. (T.PAAS) hit a new 52-week high of $28.44 Monday. No news announcements today.
Power Corporation of Canada (T.POW) hit a new 52-week high of $35.15 Monday.
Power Financial Corporation (T.PWF) hit a new 52-week high of $37.00 Monday.
Captiva Verde Land Corp. (PWR:CC) hit a new 52-week high of 30 cents Monday. No news announcements today.
The Stars Group Inc. (T.TSGI) hit a new 52-week high of $33.00 Monday. No news announcements today.
Wesdome Gold Mines Ltd. (T.WDO) hit a new 52-week high of $9.66 Monday. No news announcements today.
WSP Global Inc. (T.WSP) hit a new 52-week high of $88.85 Monday. No news announcements today.
