Talison, Lithium out with news, hit new 52-week highs


Talison Lithium Limited (T.TLH) hit a new 52-week high of $6.79 Monday. Talison Lithium Limited notes the announcement today by Chengdu Tianqi Industry Group Co., Ltd regarding the acquisition by its wholly-owned subsidiary of an interest in Talison and intention to submit a proposal to Talison. Talison confirms that it has not received any proposal from Tianqi.

Canada Lithium Corp. (T.CLQ) hit a new 52-week high of 79 cents Monday. Canada Lithium Corp. announced today it has signed a five-year lithium carbonate offtake agreement with Tewoo-ERDC (Tianjin Products and Energy Resources Development Co., Ltd.), one of China's larger commodities traders, for a minimum annual commitment of 12,000 tonnes of battery-grade lithium carbonate.

The five-year agreement also includes a provision for the formation of a Sino-Canadian marketing joint venture (SFJV) to be incorporated as Tewoo Québec Lithium CO., LTD. The agreement calls for Canada Lithium to deliver lithium carbonate FOB to the Port of Vancouver or Port of Prince Rupert, B.C., beginning March 2013. Tewoo-ERDC is a wholly-owned subsidiary of Tewoo Group, one of the world's top 500 companies in terms of revenue, according to a Fortune Magazine 2012 ranking.

Perpetual Energy Inc. (T.PMT) hit a new 52-week high of $1.64 Monday. No news announcements this morning.

Evertz Technologies Limited (T.ET) hit a new 52-week high of $15.19 Monday. No news announcements this morning.

Acadian Timber Corp. (T.ADN) hit a new 52-week high of $13.54 Monday. No news announcements this morning.

Sun Life Financial Inc. (T.SLF) hit a new 52-week high of $26.26 Monday. No news announcements this morning.

Timmins Gold Corp. (T.TMM) hit a new 52-week high of $3.43 Monday. No news announcements this morning.

Spartan Oil Corp. (T.STO) hit a new 52-week high of 5.18 Monday. No news announcements this morning.

AutoCanada Inc. (T.ACQ) hit a new 52-week high of $14.95 Monday. No news announcements this morning.

Logistec Corporation (T.LGT.A) hit a new 52-week high of $26.00 Monday. No news announcements this morning.


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