Aecon Group Inc. (T.ARE) hit a new 52-week high of $15.43 Monday. Aecon Group announced that it has successfully closed the issuance of an additional $22.5 million aggregate principal amount of 5.50% convertible unsecured subordinated debentures due December 31, 2018 (the "Debentures") pursuant to the full exercise of the over-allotment option granted to the syndicate of underwriters led by TD Securities Inc. and GMP Securities L.P. in connection with the Company's recent public offering of $150 million aggregate principal amount of Debentures that closed on November 27, 2013, bringing the total aggregate gross proceeds from the offering to $172.5 million.
Clarke Inc. (T.CKI) hit a new 52-week high of $8.10 Monday. Clarke Inc. is providing the following clarification regarding the recently announced proposed amendments to its 6.00% convertible unsecured subordinated debentures due December 31, 2018.
Clarke continuously evaluates and seeks to optimize the Company's capital structure for the benefit of all its stakeholders.
Clarke currently has cash availability and marketable securities in excess of $150 million and expects to generate further net cash proceeds in excess of $85 million through the sale of its freight division by the end of the current calendar year. This provides the Company with the financial capacity to redeem all of the $62 million of Debentures outstanding at any time as permitted under the terms of the indenture at a price equal to the principal amount and all accrued and unpaid interest thereon to but excluding the date of redemption.
Uni-Select Inc. (T.UNS) hit a new 52-week high of $28.48 Monday. No news announcements today
Transat A.T. Inc. (T.TRZ.A) hit a new 52-week high of $14.37 Monday. No news announcements today
Big Rock Brewery Inc. (T.BR) hit a new 52-week high of $17.05 Monday. No news announcements today
Power Corporation of Canada (T.POW) hit a new 52-week high of $32.67 Monday. No news announcements today
Cervus Equipment Corporation (T.CVL) hit a new 52-week high of $24.00 Monday. No news announcements today
Senvest Capital Inc. (T.SEC) hit a new 52-week high of $142.00 Monday. No news announcements today
Gluskin Sheff + Associates Inc. (T.GS) hit a new 52-week high of $24.85 Monday. No news announcements today
Canam Group Inc. (T.CAM) hit a new 52-week high of $12.48 Monday. No news announcements today
Related Stories
