Brookfield Properties Corporation (T.BPO) hit a new 52-week high of $14.90; Brookfield Properties Corporation and its Canadian-based subsidiary BPO Properties Ltd. announced a proposal to create Canada’s pre-eminent office real estate investment trust (REIT).
Upon conversion, the new REIT, to be named Brookfield Office Properties Canada, will acquire BPP’s directly owned office assets in Toronto, Calgary and Vancouver and will also acquire Brookfield Properties’ interest in Brookfield Place, widely regarded as the top commercial complex in Canada.
Anvil Mining Limited (T.AVM) hit a new 52-week high of $3.90; Anvil Mining Ltd. said it has reached agreement with Mawson West Limited on the terms and conditions for the sale of the company's 90% interest in Anvil Mining Congo SARL or AMC.
As Anvil is currently focused on significantly larger copper projects in the DRC, with the Kinsevere Stage II project expected to begin commissioning during the first quarter of 2011, the company has decided to divest itself of the Dikulushi project.
Red Back Mining Inc. (T.RBI) hit a new 52-week high of $20.10; Red Back Mining Inc. is pleased to report record net income of $109 million for the year ended December 31, 2009.
Highlights for the Year also include a 31% increase in gold production to 342,085 oz.; a 15% increase in average realized gold price ($996 per oz compared to $866 in 2008).
BCE Inc. (T.BCE) hit a new 52-week high of $29.38; no news announcements today
Destiny Resource Services Corp. (T.DSC) hit a new 52-week high of $5.48; no news announcements today
MCAN Mortgage Corporation (T.MKP) hit a new 52-week high of $14.24; no news announcements today
Groupe Aeroplan Inc. (T.AER) hit a new 52-week high of $12.00; no news announcements today
Winstar Resources Ltd. (T.WIX) hit a new 52-week high of $3.55; no news announcements today
TransForce Inc. (T.TFI) hit a new 52-week high of $9.36; no news announcements today
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