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Progress takeover drives it to 52-wk. high



Progress Energy Resources Corp. (T.PRQ) hit a new 52-week high of $20.09 Thursday. PETRONAS, the Malaysian national oil and gas company, and Progress Energy Resources Corp. today announced that PETRONAS' Canadian subsidiary, PETRONAS Carigali Canada Ltd and Progress have entered into an agreement for the purchase by PETRONAS Canada of all of Progress' outstanding common shares at a cash price of $20.45 per share. Including the amount to be paid for Progress' outstanding convertible debentures, the transaction is valued at approximately $5.5 billion.

The Brick Ltd. (T.BRK) hit a new 52-week high of $4.15 Thursday. No news announcements today

Neptune Technologies & Bioressources Inc. (T.NTB) hit a new 52-week high of $4.62 Thursday. No news announcements today