Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
Enghouse Systems Limited (ENGH-T) announced its fourth-quarter revenue was $109.3-million, a 27.4-per-cent increase compared to revenue of $85.8-million in the fourth quarter of the prior year. “The revenue increase primarily reflects contributions from acquisitions,” the company stated.
Net income for the quarter was $24.7-million or 45 cents per share, an increase from $19.6-million or 36 cents per diluted share last year. Analysts were expecting earnings of 34 cents on revenue of $109.6-million.
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Western Forest Products Inc. (WEF-T) announced that independent mediators Vince Ready and Amanda Rogers informed the company and the United Steelworkers Local 1-1937 that due to personal circumstances, meetings between the parties will resume next week. The parties have agreed to a media blackout during this mediation process.
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Helix BioPharma Corp. (HBP-T) reported a first-quarter loss of $2.2-million or 2 cents per share versus a loss of $1.4-million or a penny per share a year ago.
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O3 Mining Inc. (OIII-X) announced that it has completed the purchase of the Simkar property from Monarch Gold Corp.
The company said it acquired the Simkar property in exchange for $140,000 in cash, 435,000 common shares of the Corporation, and 435,000 common share purchase warrants of the corporation. Each warrant entites Monarch to purchase one additional common share of the corporation at a price of $4.20 per share for a three-year period.
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Rocky Mountain Dealerships Inc. (RME-T) announced that it has appointed Gerald Schiefelbein as its chief financial officer, effective January 6. “Mr. Schiefelbein is an established finance executive, with 10 years [of] experience serving as chief financial officer for publicly-listed companies,” the company stated.
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Organigram Holdings Inc. (OGI-Q; OGI-T) announced it has received Health Canada’s approval for the licensing of 16 additional cultivation rooms under the Cannabis Regulations. The expanded license was effective as of December 12, the company stated.