TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,230.47 up 70.88 points):
Spartan Oil Corp. (TSX:STO). Oil and gas. Up 34 cents, or 7.73 per cent, at $4.74 on 10,280,242 shares. Calgary-based Spartan has received an unsolicited takeover offer from an unnamed company. Spartan says it will consider the bid in consultation with its legal, financial and strategic advisers. No other details were released.
Connacher Oil and Gas Ltd. (TSX:CLL). Oil and gas. Down 5.5 cents, or 20.75 per cent, at 21 cents on 10,262,134 shares.
Nexen Inc. (TSX:NXY). Oil and gas. Up $3.15, or 13.53 per cent, at $26.44 on 9,352,329 shares. State-controlled China National Offshore Oil Corp. (CNOOC) got the green light Friday for its $15.1-billion purchase of Nexen. Spurred by the takeover, the federal government tightened up the rules for state-owned enterprises buying Canadian oilsands producers in future.
Progress Energy Resources Corp. (TSX:PRQ). Oil and gas. Up $2.59, or 13.37 per cent, at $21.96 on 7,043,366 shares. State-owned Petronas’ $6-billion takeover of Progress was the second deal given the go ahead by the federal government last week. The Malaysia-owned company’s initial proposal was rejected by the federal government and the company later revised its proposal.
Uranium One Inc. (TSX:UUU). Miner. Up three cents, or 1.67 per cent, at $1.83 on 5,894,507 shares. The metals and mining sector dropped 0.94 per cent to 942.87 points.
Viterra Inc. (TSX:VT). Grain handler. Up two cents, or 0.12 per cent, at $16.22 on 5,829,159 shares.
TSX Venture Exchange (1,186.74 up 0.68 point):
Fire River Gold Corp. (TSXV:FAU). Gold producer. Up half a cent, or 8.33 per cent, at 6.5 cents on 6,147,418 shares.
Azabache Energy Inc. (TSXV:AZA). Oil and gas explorer. Up a penny, or 5.88 per cent, at 18 cents on 5,131,600 shares.
Companies reporting major news:
Alimentation Couche-Tard (TSX:ATD.B). Convenience store operator. Up 38 cents, or 0.79 per cent, at $48.65 on 218,904 shares. The Montreal-area company is acquiring 29 convenience stores in the U.S. for an undisclosed price. The transaction is expected to close some time this month and will be funded with available cash.
Artis Real Estate Investment Trust (TSX:AX.UN). Up 12 cents, or 0.76 per cent, at $15.92 on 142,127 shares. The Winnipeg-based company is buying industrial and retail properties in Western Canada and in the Greater Toronto Area with a combined value of more than $92 million.