IIROC Trading Halt - WRX

The following issues have been halted by IIROC:

Company: Western Resources Corp.

TSX Symbol: WRX

All Issues: Yes

Reason: Pending News

Halt Time (ET): ‎12‎:‎02 ‎PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

Cision View original content: https://www.newswire.ca/en/releases/archive/February2022/16/c9635.html

News Provided by Canada Newswire via QuoteMedia

WRX:CA
The Conversation (0)
TSXV:LBI

Lions Bay Capital to Become Major Shareholder in Parkway Minerals and Davenport Resources

Lions Bay Capital Inc. (TSXV:LBI) (“Lions Bay” or the “Company”) is pleased to advise that Parkway Minerals NL (“Parkway Minerals”), an Australian Stock Exchange (ASX) listed fertiliser minerals company, has signed binding term sheets to acquire 97.79% of the outstanding shares in Consolidated Potash Corporation (CPC), (the “Transaction”), including 100% of the shares held by Lions Bay.

Lions Bay is currently the largest shareholder of CPC (owns 48% of the issued capital) and has also provided working capital by way of loan funds of approximately C$550,000 to CPC. Following the satisfaction of all the conditions precedent (including Parkway Minerals shareholder approval) outlined in the term sheet, at completion of the Transaction, Lions Bay will receive approximately:

Keep reading...Show less
Farmer applies fertilizer to crop soil.

Fertilizers: The Difference Between Potash and Phosphate (Updated 2024)

Potash and phosphate are often tied together. After all, both are used to produce fertilizers, which are becoming increasingly important as demand for food grows on a global scale.

However, potash and phosphate play different roles in crop growth and cannot be used interchangeably. Each has different applications designed for the specific requirements of particular crops, climates, soil types or topographies.

Investors interested in fertilizer companies should know the differences between potash and phosphate to better guide their decisions and ultimately have a better chance at increased profitability. Below is a basic breakdown of the differences between potash and phosphate and why both can be compelling investments.

Keep reading...Show less
Hand holding fertilizer with field in background.

Highfield to Fund Muga Potash Project Construction via Transactions Worth US$220 Million

Highfield Resources (ASX:HFR) announced that it has entered into binding agreements with several companies for a transaction centred on its transformation into a globally diversified potash company.

The company said the deal includes agreements with Yankuang Energy Group (OTCQX:YZCHF,HKEX:1171), as well as strategic investors, including Beijing Energy International Holding and Singapore Taizhong Global Development.

Highfield will raise US$220 million in equity capital through Yankuang Energy, the strategic investors and other entities. They will receive new shares at AU$0.50 each, a 64 percent premium above the company’s last closing price.

Keep reading...Show less
Hand holding small globe with tree growing out of it.

BHP Contributes C$250,000 for Conservation of Saskatchewan's Meewasin Valley

Commodities giant BHP (ASX:BHP,NYSE:BHP,LSE:BHP) announced on Wednesday (September 18) that it will partner with the Meewasin Valley Authority on efforts to conserve the Meewasin Valley.

Located in Saskatchewan, Canada, the Meewasin Valley is one of the country's most important natural landscapes.

BHP said it will contribute a total of C$250,000 to the conservation efforts, adding that the funds will allow the Meewasin Valley Authority to plant an additional 5,000 native trees, shrubs and grasses per year.

Keep reading...Show less
Train against green grass.

Potash, Oil and Metal Shipments Halted as Canadian Rail Workers Locked Out

Editor's note — The Teamsters Union said on Thursday (August 22) night that Canadian National Railway Company workers will return to work on Friday (August 23). The work stoppage at Canadian Pacific Kansas City remains in place pending an order from the Canada Industrial Relations Board.

Canadian rail workers are off the job on Thursday as representatives from the Teamsters Union and Canada’s two largest rail companies, Canadian National Railway Company (TSX:CNR,NYSE:CNI) and Canadian Pacific Kansas CIty (TSX:CP,NYSE:CP), were unable to reach a new contract agreement.

The two sides have been involved in contract negotiations since the start of the year, but talks broke down as workers were looking for commitments to improve safety measures and continuing labor shortages.

Keep reading...Show less
Aerial view of Mosaic's Belle Plaine potash mine in Saskatchewan, Canada.

Top 10 Potash Countries by Production (Updated 2024)

The potash sector faced a number of headwinds in 2023, leading to volatility in fertilizer prices for much of the year.

While the market stabilized in the first half of 2024, lower cost inputs for potash production and improved crop production have placed downward pressure on potash prices in the second half of the year.

The World Bank expects fertilizer prices to average lower in 2024 and 2025 compared to 2023, while remaining well above the lows of 2015 to 2019 due to strong demand and supply constraints such as export restrictions from China and sanctions on Belarus, two of the largest potash producing countries.

Keep reading...Show less
Tractor spraying pesticides in field.

Agriculture Market Update: H1 2024 in Review

Potash and phosphate prices have both eased over the past two years since hitting record highs during Russia’s invasion of Ukraine in February of 2022, but they remain elevated compared to their pre-pandemic levels.

Potash markets during the first half of the year were defined by increasing demand from the three biggest consumers, Brazil, China and India, while supply has remained ample to ensure prices remained relatively low.

Meanwhile, phosphate during the same period has been impacted by increasing demand from North American markets and restricted supply from China which continues to be the world’s largest producer.

Keep reading...Show less

Latest Press Releases

Related News

×