Stocks in Play

1/20/2020 - 12:04 PM EST - Mawson Resources Limited : Announced assay results from the first two diamond drill holes reported from the 15,000-metre 2020 winter drill program at the Company's 100% owned Rajapalot Project in Northern Finland. At the South Palokas prospect, drill hole PAL0204 intersected 9.0 metres @ 6.3 g/t gold from 93.7 metres. PAL0204 extends mineralization at a significantly higher grade than the adjacent blocks 25 metres northeast of the inferred South Palokas resource published in December 2018. At the Palokas prospect, drill hole PAL0205 intersected 4.5 metres @ 4.5 g/t gold from 101.0 metres Mawson Resources Limited shares T.MAW are trading down $0.02 at $0.25.

1/20/2020 - 12:00 PM EST - Enerplus Corporation : Announced that a cash dividend in the amount of $0.01 per share will be payable on February 14, to all shareholders of record at the close of business on January 30. The ex-dividend date for this payment is January 29. Enerplus Corporation shares T.ERF are trading down $0.04 at $8.40.

1/20/2020 - 11:58 AM EST - Frontera Energy Corporation : Announced an operational update. All values in this news release and the Company's financial disclosures are in United States dollars. Frontera delivered strong, stable estimated full year production of 70,875 boe/d in 2019. This level exceeded the high-end of 2019 production guidance of 65,000 to 70,000 boe/d and was in-line with the prior year. Production from Colombia is estimated at 63,625 boe/d, up 1.2% in 2019 as compared to 2018 while production from Peru is estimated at 7,250 bbl/d, down 11.3% in 2019 as compared to 2018, reflecting increased downtime on the Norperuano pipeline during the year. Fourth quarter 2019 total estimated production of 70,905 boe/d was 1.0% higher than the prior quarter and 1.4% lower than the prior year.Production was weighted approximately 97% to Brent exposed oil prices which averaged $62.42/bbl during the fourth quarter of 2019, 0.6% higher than the prior quarter. The Bloomberg posted Vasconia crude oil differential during the fourth quarter of 2019 averaged $3.20/bbl, up from $2.30/bbl in the third quarter of 2019. For the full year 2019, Brent oil price averaged $64.16/bbl, while the Bloomberg posted Vasconia crude oil differential averaged $2.74/bbl. Frontera Energy Corporation shares T.FEC are trading down $0.03 at $10.05.

1/20/2020 - 11:52 AM EST - International Petroleum Corporation : Repurchased a total of 671,636 IPC common shares during the week of January 13 to 17, under the previously announced share repurchase program. The share repurchase program, announced by IPC on November 7, 2019, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange and NASDAQ Stockholm and applicable Canadian and Swedish securities laws. International Petroleum Corporation shares T.IPCO are trading up $0.10 at $5.53.

1/20/2020 - 11:19 AM EST - Anglo Pacific Group PLC : Issues the following trading update for the period October 1, 2019 to January 17, 2020, which includes certain information for the year ended December 31, 2019. The Company expects to release its full year results on March 25, 2020. Unless otherwise stated, all unaudited financial information is for the quarter or year ended December 31, 2019. There was 20% increase in portfolio contribution in 2019 to £57-59m from £49.3m in 2018 - another record year for Anglo Pacific. Anglo Pacific Group PLC shares T.APY are trading unchanged at $3.13.

1/20/2020 - 11:12 AM EST - CGI : Announced today the completion of the acquisition of Meti Logiciels et Services (Meti) through one of its European subsidiaries. A France-based company offering integrated business solutions and consulting services for the retail sector, Meti works with Europe's largest retailers, providing solutions across thousands of stores, warehouses and merchant locations for clients in 20 countries.With this merger, CGI strengthens its capabilities in supporting retailers across their entire value chain—from supply chain management to in-store commercial operations—and in driving their digital and omni-channel evolution. The merger further develops CGI's end-to-end range of services and deepens its expertise in the retail sector. CGI shares T.GIB.A are trading down $0.30 at $113.05.

1/20/2020 - 10:08 AM EST - Touchstone Exploration Inc. : Provided an exploration update, highlighted by the first stage of production testing of the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. The Cascadura-1ST1 production test was designed to evaluate a potential oil zone as indicated by cased hole logs. On commencement of testing, significant pressures and natural gas volumes were encountered on the clean-up flow. As a result, the Company suspended testing to bring in the appropriate equipment to measure high volumes of both natural gas and liquids. Touchstone Exploration Inc. shares T.TXP are trading down $0.005 at $0.39.

1/20/2020 - 10:04 AM EST - Granite Oil Corp. : Presented the summary results of the independent reserves report prepared by Sproule Associates Limited with an effective date of December 31, 2019.In 2019, Granite invested approximately $6.4 million of capital expenditures (unaudited) into its 100%-owned Bakken oil property, representing approximately 45% of its Corporate funds from operations (unaudited), and replaced its Proved Developed Producing oil reserves. During the year, Granite drilled and completed one 100% working-interest horizontal development well, and conducted one recompletion in which additional frac stages were added to an existing producing well. Associated PDP finding and development costs for oil were approximately $11.55 per barrel, generating a recycle ratio of 3.0 times. Additionally, a significant portion of the Company’s capital expenditures for the year were invested in projects intended to reduce future operating costs and further enhance the Company’s early-life-cycle gas injection EOR scheme. Granite Oil Corp. shares T.GXO are trading up $0.34 at $0.93.

1/20/2020 - 10:00 AM EST - Africa Energy Corp. : Provided an operational update on its exploration activities. On December 9, 2019, Shearwater GeoServices Holding AS commenced an initial 2D seismic program of 3,370 linear kilometers using the Multi-Purpose Vessel SW Cook. The goal of the 2D seismic program is to define the lead and prospect inventory of the large under-explored area in Block 11B/12B to the east of the Paddavissie Fairway. Shearwater has completed approximately 3,300 linear kilometers to date, and the joint venture has increased the scope of the initial program. The additional 2D seismic will focus on the highly prospective areas of interest identified with onboard fast-track processing and recently reprocessed legacy 2D seismic data. Africa Energy Corp. shares V.AFE are trading unchanged at $0.36.

1/17/2020 - 3:10 PM EST - MacDonald Mines Exploration Ltd. : Announced results from two diamond drill holes completed last fall at its SJP property, 40 kilometres east of Sudbury, Ontario. Both drill holes intersected a wide breccia zone in the Bristol Structure, outside and west of the historic Scadding Deposit, that hosts cobalt and gold mineralization. The cobalt and gold grades, and the intensity of brecciation are comparable to and appear to increase southward towards the Long Trench Breccia 4 kilometres to the south. MacDonald Mines Exploration Ltd. shares V.BMK are trading down $0.01 at $0.08.