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Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Transcontinental Inc (TCL.A-T, TCL.B-T) says it has signed an agreement with the Société de transport de Montréal (STM) to distribute Métro newspaper in the Montreal metro system for five years starting Feb. 1.

It's the second exclusive distribution agreement for Métro. The first was from March 2001 through to December 2010, the company said.

"This agreement gives the STM the opportunity to optimize its communications by gaining access to its partner's various media platforms," STM board president Philippe Schnobb in a statement.

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Platinum Group Metals Ltd. (PTM-T, PLG-N) says it's doing a consolidation of its common shares on the basis of one new share for ten old shares.

The change is expected to begin on Jan. 28.

"The purpose of the consolidation is to increase the company's common share price to meet the minimum share price requirements of the NYSE market," the company stated.

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Atalaya Mining PLC (ATM-T) says Majedie Asset Management Ltd has increased its shareholding in the open market to 6.4 million ordinary shares, beyond 5 per cent.

"Majedie Asset Management, based in London, manages equity mutual funds for individual and institutional investors with an investment approach towards growth and value," the company stated.

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Pivot Technology Solutions, Inc. (PTG-T) is proposing a share exchange transaction with its shareholders.

If approved, the current common shares held by Pivot shareholders will be exchanged for preferred securities. The company said holders of Pivot common shares will receive one preferred security, with a face value of $10 for every 14.286 common shares of Pivot, representing 70 cents per existing common share.

The preferred securities "represent an attractive investment opportunity for our shareholders," stated Doug Stuve, chair of the special committee of independent directors set up by the company to assess the plan.  "Pivot has a track record of generating positive cash flow and this transaction provides an opportunity for Pivot's shareholders to receive significantly enhanced distributions derived from Pivot's underlying businesses."

Pivot shareholders can vote on the proposed plan at a meeting in April.

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Pure Multi-Family REIT LP (RUF.U-T) is buying two multi-family apartment communities in San Antonio, Texas for a total of $117.5-million (U.S.)

The REIT said it plans to fund the purchase with proceeds from its bought deal financing that closed on Dec. 11, proceeds from the sale of Windsong Apartments that closed Dec. 30, as well as new first mortgage financing.

When the deal closes, Pure Multi said its portfolio will include 16 multi-family properties on 298 acres of land with 5,197 apartment units.

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Painted Pony Petroleum Ltd. (PPY-T) is cutting its capital program for 2016 by 8 per cent to $197-million.

It also expects to reduce capital spending  by 15 per cent in 2017 to $298-million, from a previous estimate of $350-million.

The Calgary-based company said forecast production volumes remain unchanged for both years.

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Brookfield Canada Office Properties (BOX.UN-T, BOXC-N) reported its fourth-quarter and year-end results and increased its unitholders' distribution.

The REIT reported net income of $351.4-million or $3.76 per unit for the year ended Dec. 31, compared with $116.1-million or $1.24 per unit in 2014.

Net income for the three months ended Dec. 31, 2015 was $158.8-million or $1.70 per unit, compared to $25.8-million or 28 cents per unit during the same time last year.

"Brookfield Canada Office Properties achieved another strong operational year in 2015 as we leased 2.1 million square feet of premium office space while maintaining sub-5-per-cent vacancy across the portfolio," stated CEO Jan Sucharda.

The board also said it was increasing its unitholders' distribution by 5.7 per cent to $1.31 per unit annually. The monthly payout will be 10.92 cents per unit, up from 10.33 cents, starting with the distribution declared in March 2016 payable on April 15.

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Centerra Gold Inc. (CG-T) said it had a fatality at its Kumtor mine in the Kyrgyz Republic.

The company said a mill employee was killed while working on the night shift  on Jan. 24 at the ore conveyor in the Kumtor mill.

"An internal investigation has been started and the Kyrgyz police and relevant regulatory authorities have been contacted," the company said. "Kumtor management is cooperating with the Kyrgyz regulatory authorities to determine the cause of the accident."

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