On Tuesday, the top TSX mover was Uranium One Inc. (TSX: T.UUU, Stock Forum). The stock was up 0.36% and was trading at $2.77 on volume of 9.5 million. The uranium producer entered into a definitive agreement with SC Atomredmetzoloto (ARMZ), which is a wholly owned subsidiary of Rosatom, the Russian State Corporation for Nuclear Energy, under which the company would be taken private for $2.86 per share in cash.
ARMZ and its affiliates currently own 51.4% of the Uranium One common shares.
Research In Motion Ltd. (TSX: T.RIM, Stock Forum) was the second most active stock on the TSX. It fell 2.79% and was trading at $14.29 on volume of 4.5 million shares. On Jan. 3, 2013, T-Mobile USA, Inc. and the technology company announced the most affordable BlackBerry® smartphone on T-Mobile's nationwide network - the BlackBerry® Curve™ 9315.
Metals Creek Resources Corp. (TSX: V.MEK, Stock Forum) was the volume leader on the TSX Venture Exchange. It was up 30% and was trading at $0.065 on volume of 5.2 million. The junior exploration company reported assay results from its drill program completed last fall on the Ogden Gold Project in Timmins, Ontario.
The highlight from the drill results was hole TOG 12-07, which intersected over 18.55 metres grading 9.46 grams per tonne gold.
The second most active stock on the TSX Venture was ArPetrol Ltd. (TSX: V.RPT, Stock Forum). It soared 100% and was trading at $0.01 after 4.6 million shares changed hands. The oil and natural gas explorer engaged an advisor to identify, evaluate and negotiate potential strategic transactions including, but not limited to, financing, farm-out, joint venture, merger, sale of the company, disposition of assets or other strategic transaction involving a third party.