On Tuesday, the top TSX mover was Bombardier Inc. (TSX: T.BBD.B, Stock Forum). The stock gained 1.6% and was trading at $4.065 on volume of 3.6 million.
On April 8, the transportation equipment manufacturer said Bombardier Aerospace announced that Safety Standdown Asia will return to Shanghai, China for its third edition, in conjunction with the annual Asian Business Aviation Conference & Exhibition. The seminar will take place on April 15, 2013 at the Shanghai Marriott Hotel Hongqiao.
Furthermore, the Wall Street Journal reported that Toronto-based Porter Airlines is preparing to announce an order for up to 30 CSeries jets from the company.
Sulliden Gold Corp. (TSX: T.SUE, Stock Forum) was the second most active stock on the TSX. It soared 13.5% and was trading at $0.84 on volume of 2 million shares.
The precious metals company announced that Agnico-Eagle Mines Ltd. (TSX: T.AEM, Stock Forum) has entered into a subscription agreement to make a strategic investment of $24 million into Sulliden through a non-brokered private placement of units. As a result of the transaction, Agnico-Eagle will own 9.96% of Sulliden's issued and outstanding shares on a non-diluted basis.
Reservoir Minerals Inc. (TSX: V.RMC, Stock Forum) was the volume leader on the TSX Venture Exchange. It rose 7.9% and was trading at $3.29 on volume of 1.5 million.
On April 8, the mineral exploration and development company provided an update on the diamond drilling program currently underway on the Cukaru Peki target in the company's Timok project, eastern Serbia. The highlight was 291.3 metres grading 7.17% copper equivalent, including 47.1 metres grading 18.26% copper equivalent.
The second most active stock on the TSX Venture was Encanto Potash Corp. (TSX: V.EPO, Stock Forum). It was up 5.8% and was trading at $0.365 after 1.3 million shares changed hands.
On April 8, the potash developer announced the closing of the private placement of 7.95 million common shares at a price of $0.34 per share for gross proceeds of $2.7 million.