RSS Feed en-us Copyright (c) 2015 Inc. All rights reserved. 11/29/2015 7:46:40 PM <![CDATA[Claude Resources "BUY"]]>Fri, 27 Nov 2015 11:55:00 EST<![CDATA[Gold Readies for Yet Another Weekly Drop]]>Fri, 27 Nov 2015 12:00:00 EST, November 27, 2015

Gold Readies for Yet Another Weekly Drop

Gold dropped sharply to a near six-year low on Friday and was heading for a sixth straight weekly decline under pressure from a firm dollar and prospects of a U.S. interest rate rise next month.

Spot gold hit $1,052.46 U.S. an ounce, its lowest since February 2010, and was last down 1.2% at $1,058.30 U.S.

Spot prices were down 2.1% for the week. U.S. gold futures fell 1.2% to $1,057 U.S. an ounce and were also headed for a sixth consecutive weekly decline.

Gold was undermined by a firm U.S. dollar, trading at an eight-month high against a basket of major currencies, as euro and Swiss franc prices pointed lower.

The shiny yellow metal becomes more expensive for foreign investors when the U.S. currency rises.

The U.S. Federal Reserve is widely expected to raise rates for the first time in nearly a decade when it meets next in mid-December. Higher rates would rise the opportunity cost of holding non-yielding gold and could dent demand and boost the greenback.

Trading in other precious metals also continued Friday, with silver, platinum and palladium all heading for losses on the week. Silver was down 1.2% at $14.08 U.S. an ounce, platinum ailed 2.1% at $831.74 U.S., not far off this week's seven-year low. Palladium dropped 1.4% to $547.50 U.S.

<![CDATA[Beware Cyber Thieves When Shopping: Experts]]>Thu, 26 Nov 2015 12:00:00 EST, November 26, 2015

Beware Cyber Thieves When Shopping: Experts

Security experts say Black Friday shoppers in search of pre-Christmas bargains could face greater risk from cyber thieves both online and in bricks-and-mortar shops.

Bargain hunters are expected to see an increase in phishing scams, with emails designed to look like genuine messages from familiar companies who either ask for payment details or who encourage the reader to download an attachment containing malware.

Experts warn shoppers to be wary of emails containing links to bargain offers on Black Friday.

Merchants on Black Friday and Cyber Monday, the annual shopping days following the U.S. Thanksgiving holiday, are expected to see record sales, along with a huge increase on cyber criminal activities, which could carry on until Christmas and into new year sales.

Increasingly sophisticated cyber thieves could also be targeting shoppers in store, as well as online.

U.K. security company iSight reports that one gang has updated its software to target the tills in shops in order to steal payment details.

Back in the States, the 50 biggest retailers are reportedly searching through their internal computer networks to see if they have been affected by the sophisticated Modpos malware which can grab payment data while it is briefly unencrypted in the memory of computer-based shop tills.

There have also been reports of criminals making fake copies of popular shopping apps in order to gather customer payment details.

<![CDATA[Economic Calendar]]>Sun, 29 Nov 2015 07:46:40 EST 2015


Monday, November 02, 2015 RBC Manufacturing PMI: 9:30am Oct The RBC Canadian Manufacturing PMI posted 48.0 in October, down from 48.6 in September and below the neutral 50.0 threshold for the third month in a row. The RBC Canadian Manufacturing Purchasing Managers' index (PMI), a measure of manufacturing business conditions, fell to a seasonally adjusted 48.6 last month from 49.4 in August. It was the lowest level in the survey's five-year history and the second month in a row the index has been below the 50 threshold showing the sector contracted.
Wednesday, November 04, 2015 Canadian International Merchandise Trade: 8:30am Sept Canada's imports declined 1.3% in September while exports increased 0.7%. Consequently, Canada's merchandise trade deficit with the world narrowed from $2.7 billion in August to $1.7 billion in September. Canada's exports declined 3.6% in August while imports edged up 0.2%. As a result, Canada's merchandise trade deficit with the world widened from $817 million in July to $2.5 billion in August.
Thursday, November 05, 2015 IVEY Purchasing Managers Index: 10:00am Oct. The Ivey Purchasing Managers Index (PMI) by the end of October 2015 stood at 53.1. The corresponding Ivey PMI figure for September 2015 was 53.7, for October 2014 was 51.2 and for October 2013 was 62.8 The Ivey Purchasing Managers Index by the end of September stood at 53.7, compared to 58.0 in August, and 58.6, for September 2014.
Friday, November 06, 2015 Labour Force Survey: 7:00am Oct After four months of little change, employment increased by 44,000 (+0.2%) in October, bringing the number of people employed in Canada to over 18 million for the first time. The unemployment rate declined by 0.1 percentage points to 7.0%. Employment was little changed for the fourth consecutive month in September (+12,000 or +0.1%). The unemployment rate increased by 0.1 percentage points to 7.1% as more people participated in the labour market.
Friday, November 06, 2015 Building Permits: 8:30am Sept Municipalities issued $7.1 billion worth of building permits in September, down 6.7% from the previous month. This was the second consecutive monthly decline. Lower construction intentions for residential buildings and commercial structures in Ontario largely explained the decline. The total value of building permits decreased 3.7% to $7.5 billion in August, following increases of 15.5% in June and 0.7% in July (revised data). The decline was attributable to lower construction intentions in most provinces, mainly British Columbia, Alberta, Quebec and Saskatchewan.
Monday, November 09, 2015 Housing Starts: 8:15am Oct The trend measure of housing starts in Canada was 206,089 units in October compared to 202,793 in September, according to Canada Mortgage and Housing Corporation A report from Canada Mortgage and Housing Corporation notes that housing starts in Canada totaled 202,506 units in September compared to 195,804 in August. The trend is a six-month moving average of the monthly seasonally adjusted annual rates of housing starts.
Thursday, November 12, 2015 New Housing Price Index: 8:30am Sept The New Housing Price Index edged up 0.1% in September, following a 0.3% increase in August. The New Housing Price Index rose 0.3% in August, largely a result of higher new home prices in Ontario.
Monday, November 16, 2015 CREAstats - MLS Sales: 8:30am Oct The Canadian Real Estate Association said national home sales rose by 1.8% from September to October. Actual (not seasonally adjusted) activity was little changed (+0.1%) compared to October 2014. The number of newly listed homes was up 0.9% from September to October. The Canadian Real Estate Association said national home sales activity declined by 2.1% from August to September. Actual (not seasonally-adjusted) activity edged up 0.7% compared to September 2014.
Monday, November 16, 2015 Canada's International Transactions in Securities: 8:30am Sept Canadian investors reduced their holdings of foreign securities by $6.2 billion in September, all non-U.S. foreign instruments. At the same time, foreign investors purchased $3.3 billion of Canadian securities, largely equities. Foreign investors added $3.1 billion of Canadian securities to their holdings in August, following a $10.1 billion divestment in July. At the same time, Canadian investment in foreign securities resumed with acquisitions totaling $8.7 billion, mainly U.S. securities.
Monday, November 16, 2015 Monthly Survey of Manufacturing: 8:30am Sept Manufacturing sales declined 1.5% to $51.1 billion in September. Manufacturing sales edged down 0.2% to $52.1 billion in August, following three consecutive monthly increases.
Thursday, November 19, 2015 Employment Insurance: 8:30am Sept In September, 6,100 more people received regular Employment Insurance (EI) benefits compared with August, up 1.1% to 543,800. On a year-over-year basis, the number of EI beneficiaries rose by 41,600 or 8.3%. In August, 7,900 fewer people received regular Employment Insurance (EI) benefits compared with July, down 1.4% to 536,800. On a year-over-year basis, the number of EI beneficiaries increased by 35,600 or 7.1%.
Thursday, November 19, 2015 Wholesale Trade: 8:30am Sept Wholesale sales edged down 0.1% to $55.2 billion in September. Wholesale sales edged down 0.1% to $55.3 billion in August.
Friday, November 20, 2015 Consumer Price Index: 7:00am Oct The Consumer Price Index rose 1.0% in the 12 months to October, matching the increase in September. On a seasonally adjusted monthly basis, inflation rose 0.2% in October, following a 0.2% decrease in September. The Consumer Price Index rose 1.0% in the 12 months to September, after increasing 1.3% in August. On a seasonally adjusted monthly basis, the Consumer Price Index decreased 0.2% in September, after posting no change in August.
Friday, November 20, 2015 Retail Trade: 8:30am Sept Retail sales fell 0.5% in September to $43.3 billion, breaking a string of four consecutive upward readings. Retail sales rose for the fourth consecutive month, advancing 0.5% to $43.6 billion in August.
Friday, November 27, 2015 Industrial Product Price Index: 8:30am Oct The Industrial Product Price Index declined 0.5% in October, mainly as a result of lower prices for motorized and recreational vehicles. The Industrial Product Price Index declined 0.3% in September, mainly as a result of lower prices for energy and petroleum products.
Friday, November 27, 2015 Raw Materials Price Index: 8:30am Oct The Raw Materials Price Index increased 0.4%, led by higher prices for crude energy products. The Raw Materials Price Index rose 3.0% in September, led by higher prices for crude energy products.
Tuesday, December 01, 2015 GDP: 8:30am Sept --- Real gross domestic product edged up 0.1% in August, following increases of 0.4% in June and 0.3% in July.
<![CDATA[Quebec Foresees Balanced Budget for '16]]>Fri, 27 Nov 2015 12:00:00 EST Foresees Balanced Budget for '16

Quebec Provincial Finance Minister Carlos Leitao provided an economic and fiscal update Thursday that shows his province is on track for a balanced budget in 2016.

In its June 2014 budget, the province had forecast a budget deficit of $2.35 billion. By the time it released its 2015-2016 economic plan, last March 26, it had reduced that forecast deficit to $1.1 billion – largely by clamping down on spending.

Now, with a balanced budget looming, Leitao said the government will re-invest $100 million in education over the coming months: $20 million this fiscal year and an additional $80 million annually, beginning in 2016-2017.

Those amounts represent an increase in education spending of just 0.12% for the rest of this fiscal year and 0.5% next year.

However, that gesture should help soften the government of Philippe Couillard image in the wake of unpopular austerity measures.

Conscious of the fact expired contracts with teachers and other public sector workers are still not settled, the finance minister made it clear that the new spending will go to front-line services for students most in need – and not to teachers' salaries.

Quebec also expects higher-than-anticipated economic growth compared to the rest of Canada (1.5% this year and 1.7% projected for 2016). The provinces also pointed to 58,500 jobs created between May and October 2015

In the March 2015 budget, the books were to be balanced with no tax hike.

At the time it tabled that $100-billion budget, the finance ministry also forecast 2% growth in 2015 and 2016 – a figure which Leitao admitted Thursday his ministry has had to scale back.

<![CDATA[Japan Edges Down, Flat On Week ]]>Fri, 27 Nov 2015 12:00:00 EST, November 27, 2015

Japan Edges Down, Flat On Week

Japanese stocks fell in thin trade on Friday as investors took in macroeconomic data to close the week.

The Nikkei 225 index fell 60.47 points, or 0.3%, to 19,883.94. The benchmark index was flat for the week, which saw subdued trading due to holiday closures at home and in the United States.

In Hong Kong, the Hang Seng tumbled 420.62 points, or 1.9%, to 22,086.32. For the week, the index was down 3% the biggest weekly loss since late September.

Data released Friday showed Japan's core consumer prices fell for the third straight month, underscoring the fragile nature of the economy. The core consumer price index, which excludes fresh foods, fell 0.1% on-year last month as a result of sliding commodity prices.

Meanwhile, Japan's unemployment rate for October fell to 3.1% according to government data, the lowest reading for October since 1995 as a shortage of workers led to more people finding employment. But despite having more people in the workforce, Japanese household spending fell 2.4% on-year in October.

The Japanese yen traded flat against the U.S. at 122.60.

Investors did not appear too concerned by the data in morning trade. Japanese blue chip companies Sony, Canon, and Toshiba all closed in the positive while Mitsubishi Electric was down.

Automakers were trading mixed, with shares of Nissan and Mitsubishi Motors closing up. Honda, Mazda, and Toyota all ended lower; earlier in the week, Toyota recalled 1.6 million cars, adding to the total of 15 million vehicles since 2013, due to faulty airbags.

The Hong Kong-listed shares of CITIC Securities tumbled 4.9%, after the Chinese brokerage said it was under investigation by China's stock regulators.

Hong Kong-traded shares of Haitong Securities were suspended from trading, as media outlets reported that the brokerage was also under regulatory probe.

In Korea, chipmaker SK Hynix lost its morning gains to close down 750 points, or 2.3%, after the company said it rejected a collaboration proposal from China's Tsinghua Unigroup. Neither company gave any details on the reported proposal.

In Australia, Shares of Rio Tinto could not carry on positive momentum from morning trade, closing 0.26 points, or 0.6%, lower.

The company won final approval to expand its Warkworth coal mine in New South Wales, despite protests from environmental groups. Reports said Rio Tinto could now look for potential buyers for the mine as it aims to reduce its coal business following a slump in global coal prices.


Chinese shares sank more than 5% on Friday in their biggest drop since this summer's rout after media outlets reported the stock regulator had widened its probe on brokerages to include the country's fourth-biggest securities firm.

The CSI 300 in Shanghai collapsed 202.44 points, or 5.4%, to 3,556.99, its biggest one-day percentage loss since the gulch of the summer rout in late August.

The sharp drop in afternoon trade highlights the volatility of China's markets ahead of an expected decision by the International Monetary Fund (IMF) on Monday on whether to include the yuan currency in its global reserve basket.

China Haitong Securities is under investigation by the China Securities Regulatory Commission (CSRC), two people with direct knowledge of the matter said, following similar probes into two other domestic brokers.

The brokerage later confirmed the news, saying in a statement published on the Shanghai stock exchange that it is being probed for possible violation of securities regulations.

Little has emerged as to the specific reasons for the probes, but one analyst said the regulator could be trying to get a better grip on leveraged trading after a near full-blown market crash a few months ago.

News media also reported this week that Haitong, along with Guotai Junan Securities, is also being probed by anti-corruption investigators.

In September, Haitong was fined 86 million yuan ($13.5 million U.S.) by the regulator for breaching securities rules.

Metal shares reacted negatively on the back of falling industrial profits for October. Shares of Baoshan Steel, Aluminium Corp, and Yunnan Copper slumped between 5% and 9.7%.

The yuan softened to a three-month low against the U.S. dollar on Friday and was set for its longest weekly losing streak in five months ahead of the IMF's decision next week.

In other markets

In Singapore, the Straits Times Index docked 25.57 points, or 0.9%, to 2,859.12

The Kospi index in Korea slumped 1.69 points, or 0.1%, to 2,028.99

Taiwan’s Taiex index dropped 86.5 points, or 1%, to 8,398.4

In New Zealand, the NZX 50 poked up 13.12 points, or 0.2%, to 6,101.02

The ASX 200 erased 8.11 points, or 0.2%, to 5,202.59


<![CDATA[Broker Crackdown Sends China Stocks Plunging]]>Fri, 27 Nov 2015 12:00:00 EST Shanghai Composite Index tumbled 5.5% on Friday in the wake of fresh restrictions on brokers who China has deemed responsible for the bursting of the country's equity bubble this summer.

Three of the country's biggest securities firms are under investigation as regulators probe what they call "rule violations" that may have led to the plunge in stock values in August.

Shares in Citic Securities Ltd. and Guosen Securities Ltd. fell Friday by the 10% daily limit after both said they were being investigated. A third brokerage, Haitong Securities Ltd., issued a similar announcement after trading in its shares was suspended Friday morning.

Authorities have detained securities executives, an investment fund manager, government employees and a business reporter following the collapse in prices that began in early June. The announcements that brokerages themselves were under investigation represented a further widening of the probes.

The investigations were seen by many as an attempt by the ruling Communist Party to deflect blame for the 30% fall by the Shanghai index after state media encouraged the public to buy stocks.

Citic is China's biggest brokerage and part of Citic Group, the Cabinet's main holding company. Guosen and Haitong are among the country's 10 biggest securities firms.

In September, the police ministry announced Citic executives were suspected of insider trading and leaking sensitive information. The previous month, the official Xinhua News Agency said eight Citic employees and one current and one former employee of the market regulator were suspected of illegal stock trading.

<![CDATA[IPO Center - TSX-V]]>Thu, 25 Jun 2015 12:00:00 EST Company Name Ticker Date MacArthur Minerals Limited MMS 25-06-2015 CohBar Inc. COB 06-01-2015 Riley Resources Corp. RLY.P 08-01-2015 POCML 3 Inc. PWR 15-01-2015 Essa Pharma Inc. EPI 27-01-2015 Carlaw Capital V Corp. CVC 05-02-2015 Lupaka Gold Corp. LPK 18-02-2015 Arch Biopartners Inc. ACH 23-02-2015 LL Capital Corp. LLA.P 04-03-2015 San Angelo Oil Limited SAO 10-03-2015 Aequus Pharmaceuticals Inc. AQS 17-03-2015 Zincore Metals Inc. ZNC 31-03-2015 Dominion General Investment Corporation DIC.P 27-03-2015 EQ Inc. EQ 31-03-2015 Starlight U.S. Multi-Family (No.4) Core Fund SUF 14-04-2015 Tidewater Midstream and Infrastructure Ltd. TWM 15-04-2015 Titanium Transportation Group Inc. TTR 16-04-2015 Mira VII Acquisition Corp. MVA 23-04-2015 Vier Capital Corp. VIE 30-04-2015 BitGold Inc. XAU 13-05-2015 Novo Resources Corp. NVO 27-05-2015 Flying Monkey Capital Corp. FMK 12-06-2015 Shoal Games Ltd. SGW 02-07-2015 Quinsam Opportunities I Inc. QOP.P 03-07-2015 A2 Acquisition Corp. APD.P 13-07-2015 Strateco Resources Inc. RSC 13-07-2015 Candente Gold Corp. CDG 27-07-2015 DealNet Capital Corp. DLS 28-07-2015 Almadex Minerals Limited AMZ 14-08-2015 Automodular Corporation AM 17-08-2015 Revelstoke Equity Inc. REQ.P 18-08-2015 Mira IX Acquistion Corp. MIA 01-09-2015 Eight Solutions Inc. ES 01-09-2015 Delrand Resources Limited DRN 14-09-2015 Barsele Minerals Corp. BME 29-09-2015 Roll-Up Capital Corp. ROL 30-09-2015 Jayden Resources Inc. JDN 15-10-2015 Gold Horn International Enterprises Group Limited GHE 03-11-2015 Sora Capital Corp. SOR 03-11-2015 Stockport Exploration Inc. SPT 04-11-2015 Palamina Corp. PA 13-11-2015 BioteQ Environmental Technologies Inc. BQE 13-11-2015 Renaissance Gold Inc. REN 23-11-2015]]><![CDATA[Negative Finish to Week ]]>Fri, 27 Nov 2015 12:00:00 EST, November 27, 2015

04:50 PM EST
Negative Finish to Week

Mining, gold slump

Stocks dipped to end the week in Toronto, led by weakness in gold stocks after gold fell to its lowest in five years, while energy shares fell after fresh concern about China helped drive crude oil prices lower.

The S&P/TSX composite index slipped 56.95 points to end the week at 13,368.24. The index has dropped 8.6% this year, trailed only by Singapore and Greece among developed markets.

The Canadian dollar regressed 0.45 cents to 74.79 cents U.S.

Gold stocks took a knock, as Barrick Gold Corp. dropped 43 cents, or 4.3%, to $9.47, and Goldcorp fell 42 cents, or 2.6%, to $15.46.

Canadian Oil Sands Ltd. retreated 49 cents, or 5.6%, to $8.33 for a second day of losses. Suncor Energy Inc. Thursday said it may scrap its $4.5-billion hostile bid for the company if Alberta regulators endorse a poison pill that would give the target company more time to find other bidders.

Suncor fell 14 cents, or 0.4%, to $36.28.

The energy sector fell 1.3%, including a 2.8%, or 93-cent, drop to $31.77, in Canadian Natural Resources, pressured by a drop in U.S. crude oil prices.

Elsewhere, Loblaw Companies fell $1.81, or 2.6% to $67.52, while Valeant Pharmaceuticals International dropped $2.67, or 2.3%, to $115.22.

On the economic beat, Statistics Canada reported that its industrial product price index declined 0.5% in October – mostly due to lower vehicle prices, while its raw materials price index rode crude energy prices higher by 0.4% in the same month.


The TSX Venture Exchange squeezed higher 0.26 points to close Friday at 521.99.

Seven of the 13 TSX subgroups were higher Friday, as utilities triumphed 0.8%, real-estate gained 0.6%, and health-care moved higher 0.5%.

The six laggards were weighed most by metals and mining, off 2.7%, while gold slid 2.3%, and materials, off 2.1%.


U.S. stocks ended mixed in light volume trade Friday, as Disney and oil prices suffered price declines as investors viewed Black Friday shopping results,

The Dow Jones industrial average fell 14.9 points to close the shortened session at 17,798.49, as shares of Walt Disney fell more than 3.5% after regulatory filings showed subscriber numbers to the firm's ESPN sports network declined more than 3% from the previous fiscal year.

The S&P 500 was up 1.42 points to 2,090.29, despite a near 1% decline in energy stocks. WTI crude traded more than 2% lower.

The NASDAQ index added 12.05 points to 5,128.20, helped by some gains in Netflix and biotech stocks.

U.S. stock markets closed at 1 p.m. EST on Friday.

Target said Black Friday weekend shopping got off to a good start with "unprecedented" results on and "a strong turnout" at stores Thanksgiving Day. The stock attempted to hold 0.5% higher.

Prices for 10-year U.S. Treasuries hesitated, lowering yields back to Wednesday’s 2.23%. Treasury prices and yields move in opposite directions.

Oil prices let go of $1.11 a barrel to $41.93 U.S.

Gold prices dipped $13.21 to $1,059.12 U.S. an ounce.

<![CDATA[Stocks in Play: Revive Therapeutics Ltd.]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

09:48 AM EST - Revive Therapeutics Ltd. : Announced its results for the three months ended September 30. Cash and cash equivalents at September 30 totaled $1,790,469 (compared to $2,492,072 in the previous quarter). The net loss for the quarter was $912,799 ($398,588 in the prior-year quarter). Revive Therapeutics Ltd. (V.RVV) shares were unchanged at 0.63.

<![CDATA[Stocks in Play: Goldcorp Inc.]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

09:49 AM EST - Goldcorp Inc. : Thursday reported a fatal accident at its Musselwhite mine in Northern Ontario. Early Wednesday morning a scoop operator was working underground when an unexpected fall-of-rock occurred. The company immediately dispatched first responders and initiated search and rescue operations, however, the scoop was completely covered with material, which led to the fatal injury. Operations at Musselwhite Mine are suspended until authorities complete their investigation. Goldcorp Inc. (T.G) shares were down $0.32 at 15.56.

<![CDATA[Stocks in Play: GreenSpace Brands Inc.]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

09:50 AM EST - GreenSpace Brands Inc. : Reported its financial results for the three-month period ended September 30. The second-quarter revenue results for the Company continued to be strong, showing a 129% increase in the quarter compared to prior year, to $1.7 million, achieving its largest quarter in sales by a significant amount. Net loss from continuing operations, however, totaled $744,000, compared to $207,000 in the prior-year quarter. GreenSpace Brands Inc. (V.JTR) shares were unchanged at 1.1.

<![CDATA[Stocks in Play: Blackhawk Resource Corp.]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

09:51 AM EST - Blackhawk Resource Corp. : Announced that the unaudited interim condensed financial statements and MD&A for the three-month period ended September 30. Highlights for the quarter include: Realized losses, gross investment revenue and revenue from oil and gas assets for the three month period were$68,304, not including the unrealized losses of $86,503. Blackhawk Resource Corp. (V.BLR) shares were unchanged at 0.65.

<![CDATA[Stocks in Play: Formation Fluid Management Inc.]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

11:36 AM EST - Formation Fluid Management Inc. : Has entered into a non-binding letter of intent with an arm's length industry participant whereby FFM will acquire all of the issued and outstanding securities in the Proposed Transaction Party. Formation Fluid Management Inc. (V.FFM) shares were unchanged at 0.13.

<![CDATA[Stocks in Play: Simavita Limited]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

11:38 AM EST - Simavita Limited : Has received the "Growing an IT company Overseas" award at this week’s annual Information Technology in Aged Care (ITAC) conference. The ITAC conference is the Australian aged care industry’s pre-eminent annual event for technology solutions. The award recognises Simavita’s program to drive penetration of its Smart Incontinence Management system into the global digital health-care market. Simavita Limited (V.SV) shares were unchanged at 0.4.

<![CDATA[Stocks in Play: Petroamerica Oil Corp.]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

11:39 AM EST - Petroamerica Oil Corp. : Announced the financial and operating results for the three months ended September 30. The Company reported $14.6 million in revenue (before royalties) from the sale of 331,000 barrels of oil equivalent (boe) or 3,655 boe per day. The realized sales price was $44.10/boe generating an operating netback of $14.54/boe and a cash netback of $7.54/boe. For the third quarter of 2015, the Company's net loss was $73.3 million. Petroamerica Oil Corp. (V.PTA) shares were up $0.01 at 1.34.

<![CDATA[Stocks in Play: Galantas Gold Corporation]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

11:40 AM EST - Galantas Gold Corporation : Announced its unaudited financial results for the three months ended September 30. The net loss for the quarter amounted to $409,880 (2014 Q3: $3,510,937), on revenues of $37,262, compared to $8.376 in the prior-year quarter. Galantas Gold Corporation (V.GAL) shares were unchanged at 0.11.

<![CDATA[Stocks in Play: CERF Incorporated]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

11:41 AM EST - CERF Incorporated : Announced its financial and operating results for the three months ended September 30. During the quarter, significant decreases in industry activity resulting from the decline in oil and natural gas prices and its impact on CERF's oilfield rentals business resulted in a one-time impairment provision of $12.5 million on goodwill and intangibles. Net loss for the quarter was $12.6 million compared to a net profit of $1.3 million for the similar quarter in 2014. Excluding the goodwill impairment charge, the net loss for the quarter was $92,000. CERF Incorporated (V.CFL) shares were down $0.05 at 0.67.

<![CDATA[Stocks in Play: Arian Silver Corporation]]>Fri, 27 Nov 2015 09:48:20 EST, November 27, 2015

11:43 AM EST - Arian Silver Corporation : Announced that further to its announcement on October 29 of the termination of the letter of intent and non-binding term sheet with Quintana AGQ Holding Co. LLC, it has now signed an acknowledgement of the Default Notice announced on November 3, and has further entered into a settlement deed with Quintana AGQ Holding Co. LLC and its affiliates. Arian Silver Corporation (V.AGQ) shares were up $0.06 at 0.22.

<![CDATA[CardioComm Solutions Chosen for Study in Dogs with Atrial Fibrillation]]>Thu, 26 Nov 2015 03:26:00 EST, November 26, 2015

CardioComm Solutions Chosen for Study in Dogs with Atrial Fibrillation

In humans, atrial fibrillation (Afib) is the most common type of arrhythmia, a problem with the rate or rhythm of a heartbeat. The heart works through an amazingly synchronized pattern of electrical signals, but in the case of atrial fibrillation, the signals are disorganized, causing the two upper chambers of the heart (the atria) to fibrillate, or quiver and beat chaotically.

Because of the disturbed heart rhythm, blood flow is affected, which is why people living with Afib face a higher risk of stroke. The American Heart Association estimates that about 2.7 million Americans are living with Afib. In Canada, the frequency is in line with the rate in the U.S., with an estimated 350,000 people living with Afib.

Electorcardioversion, ablation and antiarrhythmic medications are common practices to treat Afib, depending on the symptoms and type of Afib.

It certainly doesn’t get the mainstream attention, but Afib is also regularly diagnosed in animals, including, but not limited to, dogs and horses. Often times the discovery is incidental as, obviously, a Doberman doesn’t do a great job at telling an owner that its heart was just beating out of rhythm.

Many times, the Afib is asymptomatic. Other times, there is an underlying problem, for example heart disease, at the root of the Afib, which can make the condition a little easier to recognize.

Toronto-based CardioComm Solutions, Inc. (TSX-Venture:EKG) is contributing to research and treatment of animals suffering from Afib.

The company’s business is centred on its patented technology used in products for recording, viewing, analyzing and storing electrocardiograms (ECGs) for diagnosis and management of cardiac patients. CardioComm’s HeartCheck and SMART monitoring ECG technologies were designed with humans in mind, but they’ve long been used on animals as well. Now the technologies are heading to Colorado State (CSU) to give a hand to some four-legged friends.

The company said on Wednesday that they forged a research collaboration with CSU’s College of Veterninary Medicine and Biomedical Sciences.

Dr. Jan Bright, a professor of cardiology at CSU, is heading the study. The clinical research, which is funded by the American Kennel Club Canine Health Foundation (CHF), involves home monitoring ECGs of dogs with heart disease and sustained Afib by researchers and owners. The trial is evaluating the clinical benefit of ranolazine for maintaining normal cardiac rhythm in dogs following cardioversion of Afib.

Ranolazine is a drug to treat angina that is sold under the brand name Ranexa by Gilead Sciences (NASDAQ:GILD). The U.S. Food and Drug Administration approved Ranexa in 2006. Gilead is providing the ranolazine for the trial.

CardioComm is providing its HeartCheck handheld ECG devices for weekly ECG recordings of participating dogs. The devices are utilizing a detachable ECG cable with three self-adhesive electrodes that will be attached to the footpads of the dogs.

The recordings of the heart rhythms are collected and stored for viewing on the devices, as well as being transmitted through CardioComm’s GEMS Home software for analysis. The cardiac rhythm of each dog is scheduled to be analyzed weekly for up to one year using the HeartCheck devices.

This isn’t market moving news for CardioComm as shares or volume hasn’t changed much since the announcement. That being said, it does represent a deeper penetration into veterinary markets for the company and, with Thanksgiving recently passed in Canada and today in the U.S., a bit of a "feel-good" story for animal lovers looking for a better way to deal with Afib.

<![CDATA[Dollar Makes Gains]]>Fri, 27 Nov 2015 09:14:41 EST
Experts expect a range today of $1.3320 to $1.3383 Canadian for the U.S. dollar.

The euro continues to trade soft as markets prepare for further easing from the European Central Bank next week. Euro-zone data was mixed. French consumer spending in October came in weaker than expected while Italian consumer confidence and German Gfk confidence both came in better than expected.

Observers expect a range today of $1.4090 to $1.4175 Canadian

The pound sterling is soft after disappointing domestic data. U.K. consumer confidence missed target while house prices also slowed to a five-month low. The Australian and New Zealand dollars are both trading lower today on concerns over China. Chinese industrial profits fell 4.6% last month, posting the fifth straight monthly decline.

Data Releases


AUD: No data today

EUR: German Import Prices

GBP: Nationwide HPI, Prelim Business Investment, Index of Services

JPY: No data today

NZD: No data today

USD: No data today]]>
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