Stocks in Play

12/13/2019 - 12:00 PM EST - VersaPay Corporation : And Great Hill Partners have entered into a definitive arrangement agreement whereby Great Hill will indirectly acquire all of the issued and outstanding common shares of VersaPay Under the terms of the Arrangement Agreement, each VersaPay shareholder will receive cash consideration of $2.70 for each VersaPay Share held, valuing VersaPay's total equity at approximately $126 million on a fully diluted basis. The Consideration represents a 47.5% premium to the closing price of the VersaPay Shares on the TSX Venture Exchange on December 12, and a 64.5% premium to the volume weighted average price of the VersaPay Shares over the last 30 trading days. VersaPay Corporation
shares V.VPY are trading up $0.82 at $2.65.


12/13/2019 - 11:57 AM EST - Organigram Holdings Inc. : Has received Health Canada’s approval for the licensing of 16 additional cultivation rooms under the Cannabis Regulations. The expanded license was effective as of December 12. The new cultivation rooms represent approximately 13,000 kg/yr1 of increased target cultivation capacity. These are the remaining 16 rooms licensed within the Company’s Phase 4B expansion and now brings the Company’s Moncton campus licensed capacity to a target of 89,000 kg/yr. Organigram Holdings Inc. shares T.OGI are trading up $0.065 at $3.43.


12/13/2019 - 11:03 AM EST - ZoomAway Travel Inc. : Has begun the process to become listed on the OTCQB Market. The Company has retained legal representation to facilitate the process in response to increased interest from investors in the United States and to ensure that investors in the United States are able to more fully participate. ZoomAway Travel Inc. shares V.ZMA are trading up $0.005 at $0.10.


12/13/2019 - 10:57 AM EST - Ximen Mining Corp. : Announced assay results from holes drilled this season by its option partner GGX Gold Corp. at the Gold Drop property in the Greenwood Mining Camp.This year, a total 49 holes (3,160 metres) were drilled in to test the C.O.D. and C.O.D. North veins, and 719 metres in Hole AMT19-01 to test a large geophysical anomaly. Holes COD19-34 to 43 were drilled on the C.O.D. North Vein. Of the 21 holes reported, eight holes intersected significant gold mineralization, and eight of the intercepts graded better than 15 grams per tonne gold with elevated silver (up to 796 grams per tonne Ag) and tellurium values (up to 700 grams per tonne Te). One of the holes on the C.O.D North vein intersected significant gold mineralization. Ximen Mining Corp. shares V.XIM are trading down $0.005 at $0.32.


12/13/2019 - 10:31 AM EST - GGX Gold Corp. : Announced assay results from holes drilled this season at its Gold Drop property in the Greenwood Mining Camp.In 2019, a total of 3,160 metres were drilled in 49 holes to test the C.O.D. and C.O.D. North veins, and 719 metres in Hole AMT19-01. Holes COD19-34 to 43 were drilled on the C.O.D. North Vein. GGX Gold Corp. shares V.GGX are trading unchanged at $0.08.


12/13/2019 - 10:28 AM EST - PetroTal Corp. : Announces the grant of performance share units to officers and employees of the Company. The Company has granted an aggregate of 8,441,659 PSUs, of which 4,489,013 are to officers of the Company in accordance with the provisions of the Company's PSU plan. The PSUs to the officers will vest three years from the date of grant and each PSU will entitle the holder to acquire, for nil cost, between zero and two common shares of the Company, subject to the achievement of performance conditions relating to the Company's total shareholder return, net asset value and certain production and operational milestones. The Corporate Governance and Compensation Committee of the Board is charged with overseeing the PSU plan. PetroTal Corp. shares V.TAL are trading unchanged at $0.42.


12/13/2019 - 10:24 AM EST - McEwen Mining Inc. : Invites you to join Rob McEwen, Chief Owner, and Sylvain Guerard, SVP Exploration, for a live webinar discussing developments from our 2019 exploration program and plans for 2020 at the Black Fox Complex, near Timmins, Ontario Participants will have the ability to ask questions following the presentation, slated for 2 p.m. EST on Tuesday, December 17. McEwen Mining Inc. shares T.MUX are trading up $0.01 at $1.43.


12/13/2019 - 10:00 AM EST - Power Financial Corporation : And Power Corporation of Canada today announced the execution of a definitive agreement to effect a reorganization transaction pursuant to which each common share of PFC held by holders of PFC Common Shares other than PCC and certain of its affiliates, will be exchanged for 1.05 subordinate voting shares of PCC and $0.01 in cash. Upon completion of the Reorganization, PCC will own all of the PFC Common Shares, while PFC preferred shares and debt securities will remain outstanding. Power Financial Corporation shares T.PWF are trading up $2.78 at $35.55.


12/13/2019 - 9:55 AM EST - Power Corporation of Canada : And Power Financial Corporation today announced the execution of a definitive agreement to effect a reorganization transaction pursuant to which each common share of PFC held by holders of PFC Common Shares other than PCC and certain of its affiliates will be exchanged for 1.05 subordinate voting shares of PCC and $0.01 in cash. Upon completion of the Reorganization, PCC will own all of the PFC Common Shares, while PFC preferred shares and debt securities will remain outstanding. Power Corporation of Canada shares T.POW are trading up $2.17 at $34.07.


12/13/2019 - 9:51 AM EST - Valeura Energy Inc. : Reports natural gas production test results for the Devepinar-1 well. Following short-term tests on each of the three intervals stimulated in the well, as announced on November 29, 2019, the Company drilled out the plugs isolating each interval, installed 2 7/8" production tubing, and conducted a comingled production test across a 125-metre gross section from 4,640 metres to 4,765 metres lasting approximately 11 days. The comingled test yielded gas flow rates similar to the results measured from the single intervals previously tested. This may indicate that each of the three stimulations contacted a common fracture network with further modelling work underway to fully interpret these test results. The average flow rate over the 11-day comingled test period was 908 mcf/d and the gas flow for the final 24 hours of testing was 462 mcf/d. Valeura Energy Inc. shares T.VLE are trading down $0.49 at $0.55.