Browsing Tag
Saskatchewan
39 posts
Fathom Nickel defines maiden Gochager Lake resource with nearly 30m pounds of nickel
Fathom Nickel Inc. has published the first modern mineral resource for Gochager Lake, replacing decades of reliance on historical estimates and giving investors a more reliable basis for assessing the Saskatchewan nickel-copper-cobalt system.
Western Resources (TSX: WRX) faces delisting as US$108m potash debt bites
Western Resources Corp.’s potash subsidiaries have secured court protection until December 18 and up to US$6 million of interim financing, but the Milestone project has entered a formal sale and investment process after a senior lender said at least US$108.2 million became immediately due.
Saturn Oil & Gas doubles down on buybacks as Q2 FCF reaches C$82.5m
Saturn Oil & Gas has received TSX approval to repurchase as many as 12.23 million additional shares after fully exhausting its previous C$39.6 million buyback. The new authorisation covers 10% of public float but only 6.8% of total shares outstanding, and using it fully near current prices could consume almost an entire quarter of recent free funds flow.
Prospera Energy reprices C$12m financing as C$20.7m debt maturity moves to 2028
Prospera Energy has pushed a C$20.74 million senior debt maturity out by two years while repricing a planned C$12 million equity financing to C$0.03 per unit. The extension removes an immediate refinancing deadline, but full subscription would increase the existing share count by about two-thirds before warrants are exercised.
Acceleware targets Saskatchewan heavy oil with C$6m RF XL 2.0 pilot
Acceleware Ltd. is moving its RF XL 2.0 heavy-oil technology toward a Saskatchewan demonstration with as much as C$2 million of non-dilutive support. The financing is meaningful for the micro-cap developer, but the planned C$5 million to C$6 million pilot still requires additional capital while Acceleware operates with very limited cash.
Strathcona Resources (TSX: SCR) posts record free cash flow as heavy oil pure-play strategy delivers first full quarter test
Strathcona Resources posts record C$296M Q2 free cash flow as Meota Central first steam and Cold Lake reliability set the second-half production test.
Jansen Potash Project: BHP’s 8.5Mtpa Saskatchewan mine advances toward mid-2027 first production
The Jansen Potash Project is a 100% BHP-owned underground mine in Saskatchewan, Canada, located about 140 kilometres east of Saskatoon, with Stage 1 and Stage 2 designed to produce about 8.5Mtpa once fully ramped up.
Saturn Oil & Gas nearly doubles 2026 capex as acquisitions lift production target and debt
Saturn Oil & Gas has expanded its drilling programme after acquisitions and stronger well performance. Production and cash-flow guidance have risen, but so have capital spending and absolute debt.
Strathcona’s Meota Central reaches first steam as C$345m project moves toward first oil
Strathcona’s C$345m Meota Central project reaches first steam, putting its 13,000bpd target, ramp-up execution and SCR valuation firmly under scrutiny.
Cigar Lake is producing again, so why are Cameco shares still under pressure?
Cameco Corporation has resumed Cigar Lake production after a two-week mill disruption, but the outage exposed a critical processing dependency as its ownership rises.