Reconnaissance Energy Africa Ltd has increased its bought-deal financing to C$19 million to fund a drilling and production testing program targeting the Huttenberg and Elandshoek formations in Namibia. The offering includes 26 million units priced at C$0.73 each, with each unit comprising one common share and half a warrant. The warrants allow holders to buy additional shares at C$0.93 within 36 months. The funds will also support general corporate purposes and working capital, with an option for underwriters to increase the offering by 15%.
A list of upcoming shareholder meeting dates for various Canadian reporting issuers has been released, covering meetings scheduled from September to December 2026. These include annual, special, and general meetings for companies across multiple sect...
Jim Cramer predicted copper prices could reach $100 following a breakout above $75.74, but the breakout quickly failed, causing a pullback in Freeport-McMoRan (FCX) shares. Despite this, portfolio manager Kevin Simpson is buying the dip, citing stron...
