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Noront Responds to Wyloo Statement and Reiterates Support of BHP Offer investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
Noront s board is recommending shareholders accept BHP s offer. Noront chief executive Alan Coutts says the all-cash offer provides immediate and certain value for shareholders. Coutts says BHP also has the financial strength and global mining expertise to advance Noront s highly prospective Eagle s Nest project. Eagle s Nest is a proposed nickel, copper and platinum mine in the Ring of Fire region of northern Ontario. BHP says Eagle s Nest provides a platform to develop further opportunities in the Ring of Fire region. BHP says it plans to develop partnerships with First Nations, governments and local communities in the region. The Ring of Fire region in northern Ontario holds some of the world s richest deposits of chromite, nickel, copper and platinum. The region s resource deposits are valued at anywhere from $30-billion to $60-billion. ....
Suncor Energy Inc. (TSX:SU). Energy. Down $1.10 or 4.12 per cent, to 25.62 on 7.8 million shares. Bank of Montreal (TSX:BMO). Financials. Up 7 cents or 0.06 per cent, to $125.40 on 5.8 million shares. Royal Bank of Canada (TSX:RY). Financials. Up 68 cents or 0.54 per cent, to $126.54 on 5.5 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent or 0.69 per cent to $1.43 on 4.1 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Down 22 cents or 2.13 per cent, to $10.09 on 3.8 million shares. Toronto-Dominion Bank. (TSX:TD). Financials. Up 40 cents, or 0.48 per cent, to $83.09 on 3 million shares. Companies in the news: Noront Resources Ltd. (TSXV:NOT) Up 23 cents or 69.23 per cent to 55 cents BHP has reached a deal to buy Noront Resources Ltd. for $325-million. BHP Lonsdale Investments Pty Ltd., a subsidiary of the Australian mining giant, says it will pay $0.55 per share for Norant. This represents a 69 per cent premium over the ....
July 27, 2021 - 2:50 PM TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,173.352, up 8.39 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $1.10 or 4.12 per cent, to 25.62 on 7.8 million shares. Bank of Montreal (TSX:BMO). Financials. Up 7 cents or 0.06 per cent, to $125.40 on 5.8 million shares. Royal Bank of Canada (TSX:RY). Financials. Up 68 cents or 0.54 per cent, to $126.54 on 5.5 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent or 0.69 per cent to $1.43 on 4.1 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Down 22 cents or 2.13 per cent, to $10.09 on 3.8 million shares. Toronto-Dominion Bank. (TSX:TD). Financials. Up 40 cents, or 0.48 per cent, to $83.09 on 3 million shares. ....
Royal Albert Investments 2 Pty Ltd Royal Albert Investments 3 Pty Ltd Vested Capital Pty Ltd Vested Property Group Pty Ltd Mr Terry Grant van der Velde of SV Partners was appointed as the liquidator of the companies. On 9 July 2021, following a resolution of its director Ian Chester, 53 Rankin Investments Pty Ltd entered into voluntary administration. Mr Terry Grant van der Velde and David Michael Stimpson of SV Partners were appointed as joint administrators. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why? Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don t put up a paywall – we believe in free access to information of public interest. ....