Athabasca Potash Inc. (T.API) hit a new 52-week high of $8.31; Athabasca Potash Inc. announced that the company and BHP Billiton Canada Inc. have entered into a definitive agreement whereby BHP Billiton will offer to acquire all of the issued and outstanding common shares of API at a price of $8.35 cash per common share.
The total equity value of the transaction is approximately $341 million on a fully-diluted basis. If API's security holders approve the transaction and the requisite court approval is obtained, the closing is expected to take place later in March 2010.
Crocotta Energy Inc. (T.CTA) hit a new 52-week high of $1.78; no news announcements today
Westaim Corp (T.WED) hit a new 52-week high of 65 cents; no news announcements today
Celestica Inc. (T.CLS) hit a new 52-week high of $11.13; no news announcements today
Tri Origin Minerals Ltd. (T.TOR) hit a new 52-week high of 20 cents; no news announcements today
Caspian Energy Inc. (T.CEK) hit a new 52-week high of 19 cents; no news announcements today