Latest Posts Under: Canada

Blackstone acquires battery storage solutions developer NRStor

Blackstone said that funds managed by Blackstone Energy Partners have acquired NRStor C&I, a Toronto-based battery storage solutions developer for an undisclosed price. NRStor, which targets scale storage deployment opportunities across North America, has more than 200 MWh of operational, in-construction and contracted projects in the fast-growing battery storage market. Bilal Khan – Senior Managing […]

Canadian Premier to acquire Gerber Life Insurance Canada business

Securian Financial Group said that its subsidiary Canadian Premier Life Insurance Company has signed a deal to acquire the Canadian block of business from Gerber Life Insurance Company for an undisclosed price. Gerber Life Insurance Company is a subsidiary of Western & Southern Financial Group. Its Canadian block of business comprises mainly Grow-Up whole life […]

Cannara Biotech secures cultivation licence for Farnham Facility

Cannara Biotech, a Canadian cannabis company, has secured cultivation licence from Health Canada for 170,000 sq. ft. phase 1 of its Farnham Facility in Québec. The Farnham Facility will produce indoor cannabis and cannabis-infused products targeting the Canadian and global markets. Cannara Biotech expects to start cultivation immediately with a first harvest to occur in […]

Insurance-focused financing solutions provider Gracie Point raises $50m

Gracie Point Holdings, a provider of financing programs for the life insurance market, has raised $50 million in an investment round led by Hudson Structured Capital Management. The financing solutions provider said that it will use the capital to fund its growth in the US and Asia markets, for launching its operations in Canada, and […]

Zijin Mining to acquire Buritica gold project owner Continental Gold

Zijin Mining acquisition of Continental Gold : Chinese miner Zijin Mining Group has signed an all-cash deal worth $1.05 billion to acquire Continental Gold, which owns 100% of the Buritica gold project in Colombia. The Buritica gold mine is being developed by the Canadian gold miner in the Antioquia Department. Scheduled to be brought into […]

Zijin Mining to acquire Buritica gold project owner Continental Gold

Zijin Mining acquisition of Continental Gold : Chinese miner Zijin Mining Group has signed an all-cash deal worth $1.05 billion to acquire Continental Gold, which owns 100% of the Buritica gold project in Colombia. The Buritica gold mine is being developed by the Canadian gold miner in the Antioquia Department. Scheduled to be brought into […]

Equinox Gold to acquire Canadian gold producer Leagold Mining

Equinox Gold acquisition of Leagold Mining : Canadian mining company Equinox Gold has signed a deal of about CAD 769.3 million ($ 578.38 million) to acquire Leagold Mining, as per the latest mining acquisition news. Also based in Canada, Leagold Mining is a mid-tier gold producer focused on Latin America. The Canadian gold mining company […]

Kirkland Lake Gold to acquire Detour Lake gold mine owner Detour Gold

Kirkland acquisition of Detour Gold : Kirkland Lake Gold has signed a CAD 4.01 billion ($3.01 billion) deal to acquire rival Canadian gold mining company Detour Gold, as per the latest mining acquisition news. Based in Toronto, Detour Gold is a mid-tier gold producer, which has a 100% stake in the Detour Lake gold mine […]

Transition Metals Corp acquires Fostung tungsten property in Ontario

Transition Metals Corp has acquired a 100% stake in the Fostung tungsten property located near the town of Espanola about 70 kilometres southwest of Sudbury in Ontario, Canada, as per the latest mining acquisition news. The Fostung Property hosts a historic tungsten trioxide (WO3) skarn resource. In 2007, the resource was stated to hold an […]

Parity Technology acquires hotel solutions provider Hotspot International

Hospitality technology company Parity Technology Solutions has acquired Hotspot International, a hotel solutions provider for an undisclosed price, in a move to bolster its position in the hospital technology industry. Hotspot International provides turnkey solutions in Mexico, the US, Central America, and the Caribbean. The company is engaged in offering High-Speed Internet Access (HSIA) and […]

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