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BioExx Specialty Proteins (TSX: BXI) commentary and analysis

BioExx Specialty Proteins (TSX: BXI) commentary and analysis

Strategic Focus In a corporate update published on November 14, 2011, BioExx Specialty Proteins Ltd. said that the Company was beginning a formal process to execute a new strategy that would see it drive future growth through strong strategic partnerships. In this way, BioExx expects to better leverage its core…

Jovian Capital (TSX: JOV) commentary and analysis

Jovian Capital (TSX: JOV) commentary and analysis

Jovian Capital Corporation (Jovian) reported operating results for its second quarter of fiscal 2012. Adjusted EBITDA (before stock compensation) was reported at a loss of $2.9 million or $0.33 per share versus a loss of $0.3 million or $0.03 per share last year. The quarter was negatively impacted by lower…

IGM Financial (IGM – TSX) commentary and analysis

IGM Financial (IGM – TSX) commentary and analysis

IGM Financial (IGM) reported Q3/11 EBITDA about $0.08 per share below expectations. Adjusted EBITDA per share of $1.46 was up 6% Y/Y but down 1% sequentially. EPS (fd) was reported at $0.82, up 20% Y/Y. EPS was only $0.01 below our estimate but that was due to a lower than…

Great-West Lifeco (GWO – TSX) commentary and analysis

Great-West Lifeco (GWO – TSX) commentary and analysis

Great-West Lifeco (GWO) reported Q3/11 EPS (fd) of $0.48, a decline of 6% Y/Y. Core operating EPS was closer to $0.50 and about $0.02 below our estimate and $0.03 below consensus. Currency movements had a negative impact of $0.01 per share. All in all, a decent performance given the negativity…

Minaean International (TSX-V: MIB) commentary and analysis

Minaean International (TSX-V: MIB) commentary and analysis

Minaean International Corp. (¡§Minaean¡¨ or the ¡§Company¡¨) is focused on quick-build construction and infrastructure technologies, primarily for the Indian market. The Company is also striving to penetrate the housing and infrastructure markets of the USA and Ghana. With its trademarked products ¡§Modular Quick-Build¡¨, ¡§Vesta Quik-Build¡¨, and ¡§Artisan Quik-Build¡¨, Minaean  currently…

Anglo-Canadian Mining (TSX-V: URA) commentary and analysis

Anglo-Canadian Mining (TSX-V: URA) commentary and analysis

Anglo-Canadian Mining Corp. announced the receipt of mineral assays from the Company’s Princeton copper/gold project near Princeton, B.C. The Company completed six holes located at its Haul Road Zone, two kilometres south of Copper Mountain Mines Ltd.’s Rifle and Oriole zones, and close to the Copper Mountain mill. In the…

Aldershot Resources (TSX-V: ALZ) commentary and analysis

Aldershot Resources (TSX-V: ALZ) commentary and analysis

Aldershot Resources Ltd.(“Aldershot Resources” or the “Company”) is a Canadian-based junior resource exploration company focused on uranium projects in the USA, Australia, and Zambia.   INVESTMENT HIGHLIGHTS Aldershot Resources achieved a breakthrough in its development when it acquired four USA-based uranium exploration properties in March 2011; Two of the USA-based…

Antioquia Gold (TSX-V: AGD) commentary and analysis

Antioquia Gold (TSX-V: AGD) commentary and analysis

Antioquia Gold Inc. is nearing the end of the reporting of assay results from this year’s drilling on the properties at the Cisneros project in the Department of Antioquia in Colombia. The Company expects to issue two or three more announcements to wrap up the remaining Guiaco holes and Nus…

Canadian companies weekly news briefs (October 31 – November 04, 2011)

Canadian companies weekly news briefs (October 31 – November 04, 2011)

Microbix Biosystems has undertaken a marketed offer of units, comprised of common shares and common share purchase warrants. The offering is to be effected in certain provinces by a prospectus supplement to Microbix’s base shelf prospectus dated October 7, 2011. The number of units to be distributed, the price of…

Monarques Resources (MQR: TSX-V) commentary and analysis

Monarques Resources (MQR: TSX-V) commentary and analysis

Monarques Resources Inc. is a junior exploration company with seven properties in northern Quebec. The flagship Nisk property consists of 190 claims over 9,850 hectares, and hosts copper, nickel, the platinum group, and gold. The Nisk-1 deposit has a 2009 NI 43-101 compliant resource estimate, comprising 2.04 million tonnes in…

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