TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,736.04 up 28.63 points):
Bombardier Inc. (TSX:BBD.B). Transportation equipment. Down eight cents, or 1.97 per cent, at $3.98 on 9,414,469 shares.
Aurizon Mines Ltd. (TSX:ARZ). Miner. Down 19 cents, or 4.23 per cent, at $4.30 on 7,334,161 shares. The company`s board reiterated its recommendation to shareholders to reject the hostile takeover bid of Alamos Gold Inc. (TSX:AGI). Alamos, which announced its bid in January, is offering $4.65 in cash or 0.2801 of an Alamos share for each Aurizon share with the cash portion capped at a maximum of $305 million and the stock portion limited to 23.5 million Alamos shares. It said it is waiving the minimum tender condition on its bid, so it can defeat the friendly merger offer of $796-million from U.S.-based silver, gold and metals producer Hecla Mining Co. Aurizon’s stock fell 19 cents, or 4.23 per cent, at $4.30 on 7,334,161 shares.
B2Gold Corp. (TSX:BTO). Miner. Down nine cents, or 3.16 per cent, at $2.76 on 6,921,434 shares.
Kelt Exploration Ltd. (TSX:KEL). Oil and gas. Up 29 cents, to 5.25 per cent, at $5.81 on 6,228,486 shares. The junior oil and gas company’s stock continued to rise since its trading for the first time on Friday. The company was formed when Houston-based energy heavyweight ExxonMobil Corp. bought Celtic Exploration Ltd. for $3.1 billion.
Canada Lithium Corp. (TSX:CLQ). Miner. Down three cents, or 4.23 per cent, at 68 cents on 4,094,021 shares. The Toronto-based miner said it has revised its previously-announced bought-deal financing from $20 million to $13 million. Canada Lithium said it will use the proceeds “to fund initial stages of several previously announced capital projects, and for working capital and general corporate purposes.”
BlackBerry (TSX:BB). Wireless technology. Down 24 cents, or 1.83 per cent, at $12.90 on 3,837,810 shares.
TSX Venture Exchange (1,112.23 up 15.06 points):
Selwyn Resources Ltd. (TSXV:SWN). Miner. Up half a cent, or 9.09 per cent, at six cents on 4,879,500 shares. The company announced Monday that it will sell its remaining 50 per cent stake on its zinc and lead project in the Yukon for $50 million in cash. It will sell its stake to its joint-venture partner Chihong Canada Mining Ltd., a subsidiary of (China) Yunnan Chihong Zinc and Germanium Co. Ltd.
Border Petroleum Corp. (TSXV:BOR). Oil and gas. Up half a cent, or 16.67 per cent, at 3.5 cents on 4,100,398 shares.
Companies reporting major news:
Scotiabank (TSX:BNS). Bank. Up 45 cents, or 0.74 per cent, at $61.32 on 2,217,702 shares. A strong first-quarter which beat analyst estimates pushed Canada`s most international bank to boost its quarterly dividend by three cents to 60 cents per share. Net income totalled $1.63 billion or $1.25 per cents, up from $1.44 billion or $1.20 per share in the same 2012 period. Revenue increased 12 per cent to $5.6 billion.
WestJet Airlines Ltd. (TSX:WJA). Airliner. Up 98 cents, or 4.25 per cent, at $24.05 on 1,400,596 shares. The airline cut its baggage limits for passengers from two carry-on items and a personal item to one each, a move that will give more room to its Boeing 737s fleet and help align its baggage rules with those of other airlines.