Exiro Nickel completes Thompson acquisition as CSE Composite slipsUpdated Oct 16, 2026 4:56pm ET MarketsThe S&P/TSX Composite closed at 36,176.55, up 39.45 points, while U.S. markets fell as a tech selloff deepened; the Nasdaq Composite closed at 26,140.03, down 573.00 points. Oil traded at US$98.94 in late-afternoon trading, up 2.44. Brent touched US$110 a barrel on Middle East and Russia supply fears. The Canadian dollar stood at 0.70725 against the U.S. dollar in late-afternoon trading, up 0.00232. Fresh inflation figures and a Bank of Canada survey are due next week, ahead of the central bank's rate decision later in the month. An RBC economist saw a hike as a possibility but not the most likely outcome. Venture & CSEThe CSE Composite closed at 139.77, down 3.30 points. Gold traded at US$4,188.3 in late-afternoon trading, up 18.2, and silver at US$57.115, down 0.041. Exiro Nickel completed its acquisition of the Thompson Mine Complex in Manitoba, and Natural Resources Canada said officials marked the transaction's completion. On the TSXV, Atico Mining said it closed a US$16.4 million convertible debenture financing. Guanajuato Silver, also on the TSXV, reported a 13.7% increase in AgEq production for the third quarter. A new study lifted the value of Bonterra Resources' Barry gold project in Quebec to $665M. Bitcoin futures traded at 81,575 in late-afternoon trading, down 855. Market data
Closing index levels; commodities and currencies are late-afternoon trading, not settlements. Oct 16, 2026 4:55pm ET TSX Venture most active
Oct 16, 2026 4:45pm ET TSX Venture gainers
Oct 16, 2026 4:45pm ET CSE most active
Oct 16, 2026 4:44pm ET CSE gainers
Oct 16, 2026 4:44pm ET Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice. Also on Oct 16, 2026
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