Premier Gold Mines Limited (T.PG) hit a new 52-week high of $2.85 Monday. Premier provided an update of ongoing exploration and development activities at the Company's 40%-owned South Arturo Mine in Nevada. Development work continues to advance open pit operations with first gold production expected in 2016 - Premier has funded the projected spend to the end of November. Drilling to test the continuity and expansion of the NE Button Hill underground target confirms high-grade gold mineralization with intercepts as high as 0.75 ounces per ton gold (oz/t Au) across 90 feet (25.7 grams per tonne (g/t) Au across 27.4 metres (m)). Meanwhile, 2016 gold production is projected to be approximately 200,000 ounces of gold (80,000 to Premier).
Enghouse Systems Limited (T.ESL) hit a new 52-week high of $58.64 Monday. Enghouse and CTI have entered into a definitive agreement pursuant to which Enghouse will acquire CTI. Under the terms of the agreement, which has been approved unanimously by the board of directors of both companies, a newly formed wholly-owned subsidiary of Enghouse will commence a tender offer for all outstanding shares of CTI for $0.61 U.S. per share in cash, for a total equity value of approximately $22.5 million U.S.
Rogers Communications Inc. (T.RCI.B) hit a new 52-week high of $48.79 Monday. No news announcements today
Lassonde Industries Inc. (T.LAS.A) hit a new 52-week high of $166.00 Monday. No news announcements today
