Altius Minerals agrees to buy TNR Gold for C$122 million in sharesUpdated Nov 11, 2026 9:01am ET Markets: The S&P/TSX Composite finished yesterday at 36,170.45, down 275.81 points or 0.76%, while the S&P 500 closed at 7,520.93, down 29.01 points or 0.38%, and the Nasdaq Composite at 25,065.87, down 187.27 points or 0.74%, with no clear catalyst in the news flow. In a summary of its deliberations, the Bank of Canada's governing council signalled that further rate hikes may be needed, though it is moving carefully. In overnight trading, oil was at US$87.30, up 1.46%, as hopes for a U.S.-Iran peace deal faded and tanker attacks continued in the Strait of Hormuz. Gold was at US$4,043.2, up 0.32%, and silver at US$52.780, up 3.04%. The Canadian dollar was at US$0.70255 early today, down 0.32%. The S&P/TSX Venture Composite finished yesterday at 822.09, down 13.94 points or 1.67%, while the CSE Composite finished at 132.93, down 0.14 points or 0.11%. TNR Gold: Altius Minerals will buy TNR Gold through a share-based transaction worth C$122 million. Under the arrangement, TNR holders receive 0.0072 of an Altius share. The deal looks likely to end a months-long fight over board control, and activist Eucalyptus backs it. Barrick Mining: Barrick said its planned new listed company, which will hold its North American gold assets, will be named American Barrick Gold Corporation, and that it is moving ahead with the proposed IPO. The miner filed paperwork in the U.S. for the offering, which one report framed as central to the Canadian gold miner's push to regain investor favour after years of underperformance. Stellantis: Prime Minister Carney described Stellantis' decision to sell the Brampton assembly plant to Roshel, a defence contractor, as unacceptable and a betrayal of thousands of workers, and said it breaks pledges attached to federal funding. He said Canada will fully enforce its rights. Another report, based on three informed sources, said Ottawa took an active, intensive part in the negotiations behind the agreement. Tudor Gold: Tudor Gold reported a new high-grade epithermal system in the Perfectstorm Zone of its Treaty Creek project in British Columbia's Golden Triangle, 500 metres northwest of the Perfectstorm porphyry. Drilling returned 2.25 g/t gold over 37.50 metres, plus 9.00 g/t gold across 9.50 metres lying down-dip of surface samples showing heavy mineralization. Four holes are covered. Q2 Metals: Q2 Metals set out a development case for its Cisco lithium project in Quebec, putting the initial capital bill at $2.93 billion (US$2.11 billion). The company's work envisions a 28-year lithium operation at the site. The stock was among the most actively traded on the TSX Venture. DPM Metals: DPM Metals took the top spot in a ranking of gold drill results, with an intercept a kilometre in length from its Brevene Porphyry South discovery in Bulgaria. The intercept came from hole EX_BRESPO_03. The company has listings on both the TSX and the ASX. Fresh Prep: Fresh Prep Foods, a Canadian meal-kit delivery company, said the court has allowed it to buy distressed competitor Goodfood Market Corp. Goodfood is based in Montreal and had earlier filed for creditor protection. The purchase extends Fresh Prep's reach across the country. Market data
Index levels are Tuesday's close, the previous session. Commodities and currencies are overnight trading. Nov 11, 2026 8:59am ET TSX Venture most active
Nov 10, 2026 4:45pm ET TSX Venture gainers
Nov 10, 2026 4:45pm ET CSE most active
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Nov 10, 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. |
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