TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (11,788.36, up 187.23 points):
Extorre Gold Mines Ltd. (TSX:XG). Miner. Up two cents, or 0.47 per cent, at $4.29 on 8,203,832 shares.
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Unchanged at $4.05 on 6,928,848 shares. Bombardier’s new CSeries aircraft is not facing any major production delays that should prevent it from making its maiden flight by year-end, the Quebec-based plane and train maker said Tuesday. Bombardier expects several structures for the first plane will be completed by September to meet the timing for the first flight.
Canacol Energy Ltd. (TSX:CNE). Oil and gas. Down three cents, or 5.45 per cent, at 52 cents on 5,560,092 shares.
Manulife Financial Corp. (TSX:MFC). Insurance. Up 23 cents, or 2.09 per cent, at $11.24 on 4,907,562 shares.
EMED Mining Public Ltd. (TSX:EMD). Miner. Up 3.5 cents, or 29.17 per cent, at 15.5 cents on 4,026,645 shares.
Ithaca Energy Inc. (TSX:IAE). Oil and gas. Up 13 cents, or 7.6 per cent, at $1.84 on 4,025,973 shares.
TSX Venture Exchange (1,264.38, up 4.63 points):
Pinecrest Energy Inc. (TSXV:PRY). Oil and gas. Up 11 cents, or 6.47 per cent, at $1.81 on 6,097,733 shares.
Las Vegas From Home.com Entertainment Inc. (TSXV:LVH). Media. Up one cent, or 25 per cent, at five cents on 2,379,650 shares.
Companies reporting major news:
Fortis Inc. (TSX:FTS). Utilities. Up 50 cents, or 1.53 per cent, at $33.08 on 224,817 shares. Fortis has signed a deal to raise at least $601 million in an equity offering to help pay for its deal to buy New York state utility CH Energy Group. The Canadian utility company said Tuesday it has an agreement with a syndicate of underwriters to sell 18.5 subscription receipts for a purchase price of $32.50 per receipt, which will entitle the holder to one Fortis share.
Fortress Paper Ltd. (TSX:FTP). Pulp and paper. Up 82 cents, or 3.97 per cent, at $21.48 on 23,825 shares. Fortress has signed a deal to raise $40 million in an offering of convertible unsecured subordinated debentures. The company said it plans to use the money to help pay for capital expenditures at its co-generation project at the Fortress Specialty Cellulose Mill and its Lebel-sur-Quevillon Mill.