Most actively traded companies on the TSX, TSX Venture Exchange markets

August 17, 2012 - 5:24 PM

TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (12,089.89 up 57.30points):

Lake Shore Gold Corp. (TSX:LSG). Miner. Down 18 cents, or 16.22 per cent, at 93 cents on 7,988,575 shares. The company said it was increasing its previously announced bought deal offering by $15 million to $90 million. The money raised will be used to repay the company's US$50 million, three-year corporate revolving facility and for general corporate purposes.

Manulife Financial Corp. (TSX:MFC). Insurer. Down 21 cents, or 1.82 per cent, at $11.34 on 5,288,961 shares.

Viterra Inc. (TSX:VT). Grain handler. Unchanged at $16.15 on 4,147,005 shares.

Extorre Gold Mines Ltd. (TSX:XG). Miner. Down a penny, or 0.24 per cent, at $4.20 on 3,576,582 shares. Shareholders of the junior miner approved the company's merger with Yamana Gold Inc. (TSX:YRI) last Wednesday. The $400-million cash-and-stock deal was announced in June.

Mercator Minerals Ltd. (TSX:ML). Miner. Up half a cent, or 1.05 per cent, at 48 cents on 3,329,323 shares. The Vancouver-based miner posted Monday second-quarter profits of $22.1 million or nine cents per share, down from $24 million or 12 cents per share in the same period last year. Revenues were down 15 per cent to $61.3 million.

St. Augustine Gold and Copper Ltd. (TSX:SAU). Miner. Up half a cent, or 3.70 per cent, at 14 cents on 3,091,250 shares. The metals and mining sector was one of the major advancers, up 0.78 per cent to 865.62 points.

TSX Venture Exchange (1,233.42 up 12.17 points):

BSM Technologies Inc. (TSXV:GPS). Mobile technology. Up 1.5 cents, or 25 per cent, at 7.5 cents on 11,987,076 shares.

Petroamerica Oil Corp. (TSXV:PTA). Oil and gas. Up four cents, or 24.24 per cent, at 20.5 cents on 8,180,266 shares.

Companies reporting major news:

Andean American Gold Corp. (TSXV:AAG). Miner.Up half a cent, or 3.85 per cent, at 13.5 cents on 6,500 shares. The Toronto-based miner booked a loss of US$13.6-million or nine cents per share in the second quarter, mainly as a result of the writeoff of US$19.2 million on exploration properties. That is considerably higher than year-earlier loss of US$7,568 or nil per share.

News from © The Canadian Press, 2012
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  • Penticton principals play musical chairs

    PENTICTON - The vice principal of Penticton Secondary School is saying farewell to staff and students as he embarks on a new adventure with School District 67 as principal of ConnectED Learning Centre.

    Todd Manuel took his post as principal at Penticton Secondary in 2011, however he started working at the school years before as a special education teacher. In addition to his teaching role, Manuel also served as the District School Completion and Transition Helping Teacher for two years. He offically takes the helm of his new position August 1.

    Manual has a master of education in educational practice and teacher certification from the Professional Development Program from Simon Fraser University.

    Doug MacDonald is the current principal at ConnectED. He retires July 31.

    MacDonald held the position for two years and prior to that worked at Summerland Secondary School, both as a vice-principal for nineteen years and a teacher for fifteen years.

    There was no word on who will replace Manuel at Penticton Secondary School.

    To contact a reporter for this story, email, call 250-488-3065. To contact the managing editor, email Marshall Jones at or call 250-718-2724.


  • Judge declares conditional discharge in border-crossing case

    PENTICTON—Two years ago, Jake Cross and his wife were crossing the Canada-U.S. border in Osoyoos on their way home from a road trip to Arizona. Cross, an avid collector of World War firearms and memorabilia, told the officers he did not have firearms or ammunition in his motorhome.

    A few months earlier, Cross’s name was put on a lookout list at the border control office after he mailed packages containing firearms pieces. Because of this listing, officers asked to further inspect Cross’s motor home. A detector dog was brought on board, and after some sniffing, officers found packages containing firearm parts hidden in cupboards and behind TV sets, among other places.

    After a year of investigations, Cross was charged with attempting to illegally bring firearms into Canada without a permit. He pleaded guilty to illegally importing goods without a permit.

    Now, two years after the offense, he has been sentenced to a conditional discharge in Penticton Provincial Court today.

    “I’m very sorry this happened. It won’t happen again,” said Cross, 71, a retired business owner of a contracting company in Fort McMurray, Alta.

    Prosecutor Nick Lerfold told Judge Gregory Koturbash he had his own doubts about the case.

    “I can’t say there was intention to (conceal the items),” but Cross did attempt to misinform border patrol.

    Koturbash said he was “hard-pressed” to believe Cross didn’t understand the import-export regulations and licensing.

    “One would need to be sleeping under a rock not to realize how heavily regulated firearms are in this country,” he said.

    Cross sent some firearm parts to his children in Canada from a gunshop in Arizona, but the gun shop fills out the permit, defense counsel Joel Whysall said.

    Cross does have a permit for these firearms, and he owned several of the same models prior to his border crossing mishap. The problem is he doesn’t have a licence to transport the items across the border.

    Whysall said the parts found at the border totalled between $200 and $300.

    “There’s no benefit here,” Whysall said. "He wasn’t trying to achieve anything."

    He is not as “blameworthy” as a commercial exporter/importer, he said. The parts Cross was caught trying to cross with wouldn't make a complete rifle, Koturbash said. The pieces were for the completion of models for which Cross has permits.

    Koturbash ordered a conditional discharge, meaning Cross will have a clean record as long as he follows the conditions of his 12-month probation sentence. The conditions were that Cross remain on good behaviour and keep the peace.

    “I trust that we won’t see you back here again,” Koturbash said.

    To contact the reporter for this story, email Meaghan Archer at or call 250-488-3065. To contact the editor, email or call 250-718-2724.

  • Quake felt in Okanagan confirmed

    OKANAGAN – The Pacific Geoscience Centre in Victoria has confirmed that the large earthquake off the coast of Vancouver Island Wednesday evening was detected as far east as the Okanagan.

    Earthquake Seismologist Taimi Mulder says any quake over 5.5 will send “surface waves” out in all directions and can even be registered on the other side of the planet in some cases. According to Mulder, the first quake registered 6.6 and was followed by three smaller quakes within 35 minutes.

    “(Residents of Kelowna) definitely would have felt it,” she says. “It generated a lot of long, low, rolling waves through the earth. I think Kelowna is about the furthest away that it would have been felt.”

    According to Mulder, the larger the area that ruptures, the further away it can be detected.

    “Up at the 6.6 range, there is a lot of low frequencies generated and they travel a lot further,” she says. “This earthquake will be picked up by seismometer’s all around the world.”

    Mulder says the Geoscience Centre has received reports from several residents in Kelowna and Summerland, but hopes that others who felt the quake will register it on their reporting website.

    “We collect that information through the Did You Feel It? website and we use it as part of our studies,” she says. “To know how strongly people felt it and what effects it had is really important for us.”

    To contact the reporter for this story, email Adam Proskiw at or call 250-718-0428. To contact the editor, email or call 250-718-2724.

  • Speeding likely cause of semi-truck accident

    OSOYOOS - Police are blaming speed for a collision at Bobcat Court Highway 3 in Osoyoos last weekend.

    Osoyoos RCMP say a semi-truck and trailer were moving at a high rate of speed before flipping onto its side April 18, 2014. A car was damaged in the accident when it hit debris from trailer. 

    The truck driver received minor scratches to his hip and the driver and passenger of the car were unhurt.

    The male truck driver, 41, from Surrey was charged with driving without due care and attention.

    To contact a reporter for this story, email, call 250-488-3065. To contact the managing editor, email Marshall Jones at or call 250-718-2724.

  • Speeding Ferrari driver sidelined, fined, young passenger OK, in B.C. incident

    VANCOUVER - Mounties say they're appalled by the actions of a Ferrari driver from Langley, B.C., who used area roads as his personal race track.

    Cpl. Robert McDonald says not only was the F430 sports car clocked at speeds 101 kilometres above the posted 80-kilometre limit, the 49-year-old was not travelling alone.

    McDonald says a young child was in the seat beside him.

    Both were OK but had to find another way home after the April 19 incident when the high-end race car was immediately impounded for seven days.

    The man was also handed a $483 ticket for excessive speed.

    Officers say the case is even more unsettling because the driver knew he was stopped at the same Surrey intersection where two vehicles collided almost a year ago, killing six people, including five from the same family.

  • Oregon asks firm to stop using fetal tissue from B.C. to generate power

    PORTLAND, Ore. - An Oregon commission has ordered a waste-to-power facility to stop accepting boxed medical waste after learning it might be using the remains of aborted fetuses from British Columbia to generate electricity.

    Sam Brentano, chairman of the Marion County board of commissioners, said late Wednesday the board is taking immediate action to prohibit human tissue from future deliveries.

    The British Columbia Health Ministry tells The Associated Press that regional health authorities there have a contract with a company that sends biomedical waste, including fetal tissue, to Oregon, where it's incinerated in the waste-to-energy plant

    Vancouver-based B.C. Catholic newspaper identified the plant as Covanta Marion, based in Marion County.

    The facility processes about 500 tonnes per day of municipal solid waste, generating up to 13 megawatts of energy sold to Portland General Electric.

  • Port Hardy earthquake felt across Okanagan

    KELOWNA - A series of earthquakes 90km south of Port Hardy has several Twitter users saying they felt it here in the Okanagan as well.

    According to the U.S. Geological Survey, the first quake hit at 8:10 p.m. and registered 6.7. A second 5.0 quake struck the same area seven minutes later followed by a 4.3 at 8:40 p.m.

    Several Tweet's were sent by Okanagan residents saying they felt the earthquake in Kelowna, Kamloops and Vernon, however this has not been confirmed.

    There are no reports of damage or injuries. Information will be updated as it becomes available.

    To contact the reporter for this story, email Adam Proskiw at or call 250-718-0428. To contact the editor, email or call 250-718-2724.

  • RCMP plan to deal with the 'regulars' and reduce crime

    PENTICTON — RCMP Supt. Kevin Hewco said dealing will serial offenders is his first priority for the annual performance plan.

    Hewco presented the Penticton RCMP’s first quarter report to City council Tuesday night. He said prolific offender management programs are going help them catch the criminals who cause a good portion of the city’s property crime.

    “It’s those few that are causing all your property crime in this town, I can guarantee it,” he said.

    Hewco said the RCMP will concentrate their investigative resources to catch these criminals and get them into treatment or jail. They will also work with service providers and government agencies, including, but not limited to Community Corrections, Crown Counsel, and the Ministry of Housing.

    “I’ve seen it work,” Hewco said of the program.

    A prolific offender is someone who commits a disproportionate amount of crime, according to the quarterly report. The difference between a prolific offender and a repeat offender is prolific offenders fail to control their criminal behaviour, and addictions, mental health issues, self-esteem and lack of skills may also be motivating factors, the report states.

    There are also seven active chronic nuisance offenders in Penticton responsible for three per cent of total files in the first few months of 2014. They made up 13 per cent of total liquor act, safe streets and cause disturbance reports for that time period, according to the report.

    One offender is a 15 year old girl and chronic runaway, while the other six are men aged 40 to 63 who suffer from substance abuse or mental illness.

    To contact the reporter for this story, email Meaghan Archer at or call 250-488-3065. To contact the editor, email or call 250-718-2724.