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Total Energy Services Inc. announces its consolidated financial results for the three and nine months ended September 30, 2017. Financial Highlights Three months ended September 30 Nine months ended September 30 2017 2016 Change 2017 2016 Change Revenue $ 185,158 $ 46,536 298% $ 424,432 $ 140,385 202% Operating income 6,871 328% 40% EBITDA 27,356 [...]
Bonterra Energy Corp. is pleased to announce its operating and financial results for the three and nine months ended September 30, 2017. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis , are available on the System for Electronic Document Analysis and Retrieval at www.sedar.com and on [...]
Suncor announced today that it has priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on November 15, 2047 . The 2047 Notes will have a coupon of 4.000%. The offering is expected to close on November 15, 2017, subject to customary closing conditions. Suncor intends to use the net proceeds from the sale [...]
Currency: Cdn Cameco announced today that due to continued uranium price weakness, production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan will be temporarily suspended by the end of January 2018 and that the company's annual dividend will be reduced to $0.08 per common share in 2018. "With the continued [...]
Kinross Gold today announced its results for the third-quarter ended September 30, 2017. 2017 third-quarter highlights: Production1: 653,993 gold equivalent ounces (Au eq. oz.), compared with 684,129 Au eq. oz. in Q3 2016. Revenue: $828.0 million, compared with $910.2 million in Q3 2016. Production cost of sales(2): $662 per Au eq. oz., compared [...]
Birchcliff Energy Ltd. is pleased to announce its third quarter 2017 results, with record quarterly average production of 65,276 boe/d and quarterly funds flow from operations of $64.4 million. Quarterly average production is up 20% and funds flow from operations is up 55% as compared to the third quarter of 2016. The full text of Birchcliff's [...]
Lumina Gold Corp. is pleased to announce that it has entered into an agreement with a syndicate of agents, co-led by Raymond James Ltd. and Haywood Securities Inc., , that have agreed to sell, on a "best efforts" private placement basis, up to 24,193,548 common shares at a price of C$0.62 per common share, for aggregate gross proceeds of up to C$15 [...]
Sage Gold Inc. is pleased to announce that it has received confirmation from McEwen Mining Inc. that mineralized material processed from the first bulk sample mill run at the Stock Mill in Timmins, located 10 km from the Clavos Mine, has yielded approximately 476 ounces of gold. Nigel Lees, President and Chief Executive Officer of Sage Gold [...]
Precision Drilling Corp. announced today that it intends, subject to market and other conditions, to offer US$400,000,000 aggregate principal amount of Senior Notes due 2026 in a private offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended . The Notes will be guaranteed on a senior unsecured [...]
Precision Drilling Corp. announced today that it commenced tender offers for any and all of its outstanding 6.625% Senior Notes due 2020 and up to US$70,000,000 of its outstanding 6.500% Senior Notes due 2021 . Concurrently with the tender offers, Precision is also soliciting consents from the holders of its 2020 Notes for proposed amendments to [...]
SolGold is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and Canaccord Genuity Corp. pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 180,000,000 ordinary shares of SolGold at a price of 25 pence per Ordinary Share [...]
Cartier Resources Inc. is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as the lead underwriter in connection with a bought deal underwritten private placement of 12,120,000 common shares of the Company issued on a flow-through basis , at a price of $0.33 per FT Share, for gross proceeds of [...]