Santos Completes US$221-million Sale of Non-core Asian Assets

Following a May announcement, Santos (ASX:STO) has completed the sale of its non-core Asian portfolio to Ophir Energy (LSE:OPHR). With the sale’s completion, Santos has received cash proceeds of US$ 144 million, representing the US$ 221-million sale price after standard adjustments such as net free cashflows generated by the assets. Santos’ net debt was reduced […]

Canadian Solar Sells Assets for US$103.1 Million to CSIF

Canadian Solar (NASDAQ:CSIQ) announced on Thursday (September 6) that it has sold three solar power plants to the Canadian Solar Infrastructure Fund (CSIF) in Japan. The company said that the assets sold to CSIF for US$ 103.1 million include the 27.3 megawatt peak (MWp) Daisen-cho plant, 2.1 MWp Ena-shi plant and the 1 MWp Takayama-shi […]

Vangold Mining Corp. Signs Binding LOI to Acquire Intermont Resources LLCs Vast Nevada, USA Property Assets

Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) is pleased to announce the signing of a binding Letter of Intent (“LOI”) with Intermont Resource LLC (“Intermont”), pursuant to which Vangold is to acquire 100% interest in Intermont Resources LLC’s assets, which encompass 18 mineral properties in northern Nevada (the “Transaction”).   These properties comprise 5,548 mining claims both recorded […]

Neometals to Demerge Vanadium-Titanium Assets

Australia-based Neometals (ASX:NMT) is set to demerge its vanadium-titanium Barrambie asset in Western Australia into a newly listed company, the miner announced on Thursday (August 16). The new entity, NewCo, will focus on feeding into China, which is experiencing a supply shortage. NewCo will develop the Barrambie project as a direct-shipping ore operation, and will […]

5 Top Weekly TSXV Stocks: Hunter Oil Sells “Substantially All” Assets

On Friday (August 3), the S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 0.55 points to 700.38, down only 0.08 percent. The Toronto Stock Exchange opened flat on the same day, with the energy sector countering losses in financials. The global headlines have been mostly about US President Donald Trump deciding that his original tariffs on Chinese goods […]

Eagle Energy Reports Sale of Twining Assets

Eagle Energy (TSX:EGL) announced it has signed an agreement to sell its entire interest in its oil and natural gas properties near Twining, Alberta to a third party for cash consideration of C$ 13,820,000 before customary post-closing adjustments. The sale is expected to close on or about August 28, 2018, subject to customary closing conditions. The deal is part […]

Scythian Sells Assets in Latin America to Aphria

A cannabis operator with assets in the international cannabis market confirmed the sale of its South American and Caribbean interests to a major Canadian licensed producer. In a deal announced on Tuesday (July 17) Scythian Biosciences (TSXV:SCYB) will sell its entire network of cannabis businesses across Argentina, Colombia and Jamaica to Aphria (TSX:APH) through the […]