AltaGas Utility Group (T.AUI) hit a new 52-week high of $10.50; AltaGas Income Trust and AltaGas Utility Group Inc. announced today that they have amended the terms of their previously announced support agreement in which AltaGas Holdings #3 Inc., an indirect wholly-owned subsidiary of AltaGas, made a cash offer for all of the outstanding common shares of Utility Group not already owned by AltaGas and its affiliates.
The amendment, which was the result of the receipt by Utility Group of a superior proposal to that originally received from AltaGas, increases the cash consideration payable under the Offer from $9.05 per common share to $10.50 per common share. The expiry time of the Offer remains 5:00 p.m. (Calgary time) on October 7, 2009, unless withdrawn or extended.
Peregrine Diamonds (T.PGD) hit a new 52-week high of $1.38; Peregrine Diamonds Ltd. reported the discovery of large diamonds and a coarse diamond size distribution in representative drill core samples collected from the CH-6 kimberlite located on the 9,800-square-kilometre Chidliak project Baffin Island, Nunavut.
A 398.8-kilogram sample collected from CH-6 yielded 2,730 diamonds larger than the 0.075 mm sieve size, including 131 diamonds larger than the 0.600 mm sieve size. The largest diamond recovered from the sample was a 0.62-carat white, transparent aggregate. The CH-5 kimberlite was also determined to be diamondiferous with a 423.7-kilogram surface sample yielding 49 diamonds larger than the 0.075-mm sieve size.
TransGlobe Energy (T.TGL) hit a new 52-week high of $4.10; no news announcements today
World Point Terminals (T.WPO) hit a new 52-week high of $17.10; no news announcements today
Mediagrif Interactive Technology (T.MDF) hit a new 52-week high of $4.75; no news announcements today
SXC Health Solutions (T.SXC) hit a new 52-week high of $50.90; no news announcements today
CGI Group (T.GIB.A) hit a new 52-week high of $12.34; no news announcements today
Guardian Capital Group (T.GCG) hit a new 52-week high of $8.00; no news announcements today
Centric Health (T.CHH) hit a new 52-week high of $1.06; no news announcements today
