Saturday, October 12, 2019

Wesdome Gold Mines Ltd. - WDO.t

Wesdome Gold Mines Ltd. - WDO.t is in its 29th year of continuous gold mining operations in Canada. The Company is 100% Canadian focused with a pipeline of projects in various stages of development. The Eagle River Complex in Wawa, Ontario is currently producing gold from two mines, the Eagle River Underground Mine and the Mishi Open pit, from a central mill.
On Sept 27, 2019 the company released News

Wesdome Gold Mines Ltd. closed its previously announced senior secured revolving credit facility, with National Bank Financial Inc. (NBF) acting as the sole arranger. The size of the NBF facility was increased from the initially contemplated $40-million to $45-million. This new facility replaces the company's previous $36-million credit facility.

Tuesday, October 1, 2019

Magna International Inc.- MG.t

Magna International Inc.- MG.t is a global automotive supplier headquartered in Aurora, Ontario, Canada.

In 2015 it was the largest automobile parts manufacturer in North America by sales of original equipment parts, and one of Canada's largest companies.

On August 8, 2019 the company released numbers

  • Sales of $10.1 billion decreased 1%, compared to global light vehicle production down 6%
  • Excluding foreign currency translation and divestitures net of acquisitions, sales up 5% with each segment outpacing global light vehicle production
  • Cash provided from operating activities of $920 million
  • Returned $519 million to shareholders through share repurchases and dividends
  • Outlook largely unchanged