| 3:50 PM EST - Bonnett's Energy Corp: announced today that the Toronto Stock Exchange has accepted notice of the Corporation's intention to make a normal course issuer bid through the facilities of the TSX. The bid will permit the Corporation to purchase for cancellation up to 518,700 common shares of the Corporation, representing approximately 10% of the Corporation's public float of 5,187,007 common shares and which represents approximately 3.6% of the Corporation's issued and outstanding common shares (being 14,570,243 common shares as at May 13). Daily purchases will be limited to 6,672 common shares, other than block purchases. Bonnett's Energy Corp (T.BT ) shares were down $0.10 at 4.9 |
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3:49 PM EST - Exchange Income Corporation: announced today that the Directors of the Corporation have declared eligible dividends totaling $0.14 per share for the month ended May 31, payable June 14, to shareholders of record at the close of business on May 31. Exchange Income Corporation
(T.EIF) shares were up $0.10 at 25.75 |
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3:47 PM EST - Black Diamond Group Limited: announced that its Board of Directors has declared a dividend for the month of May of $0.07 per share to holders of common shares. The dividend will be paid on June 17, to shareholders of record on May 31. The ex-dividend date is May 29. This dividend is an eligible dividend for Canadian income tax purposes. Black Diamond Group Limited
(T.BDI) shares were up $0.37 at 23.01 |
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11:53 AM EST - Petrominerales: announced that, following the Brazilian 11thBid Round, administered by the Agencia Nacional do Petróleo, Gás Natural e Biocombustíveis of Brazil, the company successfully bid on three blocks. Petrominerals was awarded Block REC-T 106 and Block REC-T 107 in the Recôncavo Basin and Block TUC-T 177 in the Tucano Basin, all located in the state of Bahia, onshore Brazil. Petrominerales
(T.PMG) shares were down $0.05 at 5.96 |
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11:52 AM EST - Marengo Mining Limited: provided the following update on its Yandera Copper-Molybdenum-Gold Project in Papua New Guinea, following a review of the progress of recent technical work in support of a Feasibility Study in consultation with its major shareholder, The Sentient Group. The Feasibility Study indicates that Yandera has the potential to generate substantial cash flows. However in the absence of a power solution that can support the Project, it is exposed to escalating capital and operating costs. Marengo Mining Limited
(T.MRN) shares were down $0.02 at 0.06 |
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| 11:51 AM EST - Manulife Financial Corporation : announced that the Manulife Floating Rate Senior Loan Fund has completed its initial public offering of 23,063,949 class A units at a price of $10.00 per Class A Unit and 1,936,051 class U units at a price of $10.00 U.S. per Class U Unit for gross proceeds of approximately $250 million. Manulife Financial Corporation (T.MFC) shares were up $0.07 at 16 |
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| 9:51 AM EST - Tethys Petroleum: said it has signed a Protocol of Intent with the Uzbek State oil and gas company, National Holding Company "Uzbekneftegaz" for exploration work on the Bayterek block in the North Ustyurt Basin of northern Uzbekistan. Tethys Petroleum (T.TPL) shares were down $0.02 at 0.75 |
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9:50 AM EST - Gran Tierra Energy : Thursday announced successful bids on three blocks located north of its core existing areas in the Recôncavo Basin onshore Brazil. The company said the three blocks encompass 20,658 gross acres of land under an initial three-year exploration period, during which it is committed to drill 5 exploration wells, acquire 84 square kilometers of 3D seismic data and pay a signature bonus of approximately $16.5 million upon finalization of the concession agreement. Gran Tierra Energy
(T.GTE) shares were up $0.04 at 6.5 |
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9:48 AM EST - Oando Energy Resources: reported results from the completion and testing of the Ebendo 5 well in Nigeria. The company said the well is expected to contribute an additional 1,069 barrels of oil per day net to its production. Oando Energy Resources
(T.OER) shares were unchanged at 1.3 |
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9:47 AM EST - Petrostar Petroleum: said it has accepted an offer to purchase its Lashburn heavy oil property in Saskatchewan. Petrostar added that it is a cash offer of $110,000 from a Calgary-based private oil and gas company. The company voted to sell the property at its Annual General Meeting held on July 7, 2011. Petrostar Petroleum
(V.PEP) shares were up $0.02 at 0.09 |
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