09:53 AM EST - MCAN Mortgage Corporation : Announced that MCAP Corporation ("MCAP") has withdrawn its previously announced initial public offering of common shares at this time due to current adverse market conditions. In connection therewith, the previously announced secondary offering of Common Shares by MCAN and another shareholder of MCAP also has been cancelled at this time. MCAN Mortgage Corporation
shares T.MKP are trading down $0.57 at $14.25.
09:55 AM EST - InnVest Real Estate Investment Trust : Announced that a final order of the Alberta Superior Court of Justice (Commercial List) for the approval of the plan of arrangement, pursuant to which Bluesky Hotels and Resorts Inc. has agreed to acquire all of the issued and outstanding units of InnVest for $7.25 in cash per unit, was received from the Court. InnVest Real Estate Investment Trust
shares T.INN.UN are trading down $0.035 at $6.97.
09:56 AM EST - Canadian Zinc Corporation : Has filed a final short form prospectus in each of the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and New Brunswick, and obtained a receipt from the British Columbia Securities Commission. The Prospectus qualifies the distribution of 32,000,000 common shares of the Company at a price of $0.25 per Common Share and 4,000,000 flow-through common shares of the Company at a price of $0.25 per Flow-Through Share, for aggregate gross proceeds of $9,000,000. Canadian Zinc Corporation
shares T.CZN are trading unchanged at $0.27.
09:57 AM EST - Silver Pursuit Resources Ltd. : Provided an update on the acquisition by staking of 19 distinct mineral claim blocks located in seven different counties in Nevada. The staking program is a result of a prospecting, data mining, geological mapping and sampling program that has been underway since last March. The Company has focused efforts towards building a database identifying prospective mineral properties with a focus on gold projects in the State of Nevada. Silver Pursuit Resources Ltd.
shares V.SPF are trading unchanged at $0.08.
11:51 AM EST - Concordia International Corp. : Announced that the U.S. Food and Drug Administration has approved the Company's premarket approval application (PMA) for its new Photofrin® 630 PDT Laser. Concordia International Corp.
shares T.CXR are trading up $0.84 at $27.55.
11:52 AM EST - Aecon Group Inc. : Has been awarded a $250-million contract by Union Gas Limited for work on its Dawn-Parkway Expansion Project in Ontario. Aecon was also awarded a four-year Master Service Agreement contract with Spectra Energy Transmission for pipeline facilities work in Western Canada. Aecon Group Inc.
shares T.ARE are trading up $0.23 at $17.42.
11:53 AM EST - Transition Therapeutics Inc. : And OPKO Health, Inc. announced the signing of a definitive agreement under which OPKO will acquire Transition Therapeutics. Transition Therapeutics Inc.
shares T.TTH are trading up $1.02 at $1.91.
03:45 PM EST - Cequence Energy Ltd. : Announced certain amendments to the Company's senior credit facilities following a scheduled bank review with its syndicate of lenders. As part of such amendments, the Company's borrowing base under the credit facilities has been redetermined at $20 million and the total debt to EBITDA covenant was removed. The revised borrowing base is anticipated to result in lower standby fees charged on unutilized amounts available under the credit facilities. As at March 31, 2016 the Company's credit facilities were undrawn. Cequence Energy Ltd.
shares T.CQE are trading up $0.005 at $0.33.
03:46 PM EST - Lithium X Energy Corp. : Announced a fully-subscribed non-brokered private placement of 5,000,000 shares at a price of $1.65 per share for gross proceeds of $8,250,000. A Finder's fee will be paid on the Private Placement. The Private Placement is subject to approval from the TSX Venture Exchange. Lithium X Energy Corp.
shares V.LIX are trading up $0.02 at $1.69.