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SNC, Trans-Canada, Open Text Hit Heights on News

SNC-Lavalin Group Inc. (T.SNC) hit a new 52-week high of $53.19 Thursday. SNC-Lavalin announces today that its Board of Directors has filed a notice to renew, for a 12-month period, its normal course issuer bid, which will expire on June 4. In the notice, SNC-Lavalin Group Inc. states that a maximum of 3,000,000 Common Shares, representing approximately 2% of the issued and outstanding Common Shares as of May 18, may be purchased for cancellation.

TransCanada Corporation (T.TRP) hit a new 52-week high of $55.56 Thursday. The National Energy Board recommends federal approval of TransCanada's proposed $1.3B expansion of its Nova gas pipeline system.

Open Text Corporation (T.OTC) hit a new 52-week high of $78.33 Thursday. Open Text announced today that it has entered into a definitive agreement to acquire privately-held Recommind, Inc., a leading provider of eDiscovery, and information analytics.

MCAN Mortgage Corporation (T.MKP) hit a new 52-week high of $14.44 Thursday. No news announcements today

Hydro One Limited (T.H) hit a new 52-week high of $24.81 Thursday. No news announcements today

Evertz Technologies Limited (T.ET) hit a new 52-week high of $18.30 Thursday. No news announcements today

Mountain Province Diamonds Inc. (T.MPV) hit a new 52-week high of $6.55 Thursday. No news announcements today

Theratechnologies Inc. (T.TH) hit a new 52-week high of $3.70 Thursday. No news announcements today

NGEx Resources Inc. (T.NGQ) hit a new 52-week high of $1.07 Thursday. No news announcements today

Electrovaya Inc. (T.EFL) hit a new 52-week high of $1.70 Thursday. No news announcements today