TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,794.05 down 30.59 points):
Research In Motion Ltd. (TSX:RIM). Wireless technology. Down 44 cents, or 2.48 per cent, at $17.30 on 9,804,283 shares. The tech sector was down 0.5 per cent as RIM gave back some of its recent strong gains.
Cline Mining Corp. (TSX:CMK). Miner. Up 3.5 cents, or 63.64 per cent, at nine cents on 7,464,550 shares. The beleaguered company announced Tuesday that it has retained GMP Securities L.P. as its exclusive financial adviser in exploring and evaluating strategic alternatives. At the beginning of its restructuring in December, Cline dealt with Marret Asset Management Inc.
AurRico Gold Inc. (TSX:AUQ). Miner. Up two cents, or 0.26 per cent, at $7.75 on 6,054,316 shares. Rogue Iron Ore Corp.’s (TSXV:RRS) new spinoff will form a strategic alliance with AuRico, which will become a large minority shareholder and have right of first refusal on certain assets. Shares of Rogue Iron were up 2.5 cents, or 29.41 per cent, at 11 cents on 387,058 shares.
Iamgold Corp. (TSX:IMG). Miner. Down $1.57, or 14.55 per cent, at $9.22 on 5,821,304 shares. The Toronto gold miner reduced exploration activity in Mali as a precaution due to unrest in the west African country.
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Down four cents, or 0.96 per cent, at $4.13 on 5,459,831 shares.
Tuscany International Drilling Inc. (TSX:TID). Drilling services. Up two cents, or 9.76 per cent, at 22.5 cents on 4,867,411 shares.
TSX Venture Exchange (1,241.53 up 0.46 point):
Med BioGene Inc. (TSXV:MBI). Life sciences. Up two cents, or 66.67 per cent, at five cents on 4,776,366 shares.
Touchstone Exploration Inc. (TSXV:TAB). Oil and gas. Up half a cent, or 1.69 per cent, at 30 cents on 4,250,700 shares.
Companies reporting major news:
Aurizon Mines Ltd. (TSX:ARZ). Miner. Up two cents, or 0.42 per cent, at $4.76 on 731,317 shares. Vancouver-based Aurizon said it had adopted a shareholder rights plan to defend against a cash-and-stock takeover bid by Alamos Gold Inc. (TSX:AGI), which it described as “financially inadequate and opportunistic.” Alamos stock was up 10 cents, or 0.63 per cent, at $16.05 on 373,192 shares.