On Wednesday, the top TSX mover was Bombardier Inc. (TSX: T.BBD.B, Stock Forum). The stock gained 3% and was trading at $4.70 on volume of 5.5 million.
Today, the transportation equipment manufacturer announced that Lagos-based Arik Air has signed a firm contract to acquire three CRJ1000 NextGen aircraft and four Q400 NextGen turboprop airliners.
Based on the list price of the CRJ1000 NextGen and Q400 NextGen aircraft, the contract announced today is valued at approximately US$297 million.
Denison Mines Corp. (TSX: T.DML, Stock Forum) was the second most active stock on the TSX. It fell 2.3% and was trading at $1.24 on volume of 3.4 million shares.
On May 28, the uranium company said that it had completed a private placement offering of common shares issued on a “flow-through” basis.
A total of 11.5 million flow-through shares, were issued through a syndicate of underwriters, at a price of $1.30 per flow-through share for aggregate gross proceeds to Denison of $14.95 million.
Selwyn Resources Ltd. (TSX: V.SWN, Stock Forum) was the volume leader on the TSX Venture Exchange. It climbed 6.3% and was trading at $0.085 on volume of 5.7 million.
On June 18, the base metals exploration and development company reported that each of the nominee directors listed in the Non-Management Form of Proxy dated May 30, 2013, were elected as directors of the company at the Annual and General Special Meeting of shareholders.
The second most active stock on the TSX Venture was Guerrero Exploration Inc. (TSX: V.GEX, Stock Forum). It rose 40% and was trading at $0.07 after 2.6 million shares changed hands.
Today, the exploration mining company provided a development update on its Cerro Azul property located in Guerrero, Mexico. The company plans to start exploration in quarter three of 2013 pending permit approval by the Mexican Government.