Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news
“Calvert is one of the oldest glulam manufactures in the U.S. and has more than 60 years of experience producing high-quality glulam beams in multiple species, including Douglas fir, southern yellow pine and yellow cedar, for industrial, commercial and residential projects around the world,” the company stated.
The transaction will be financed with cash on hand, the company added.
Dynacor said it would publish its full second-quarter results on Aug.15.
Its net loss was US$26.7-million or 34 US cents per share compared to a loss of US$1.8-million or 2 US cents a year ago.
The joint venture will be named NewRange Copper Nickel LLC. Glencore plc will retain its majority equity interest in PolyMet and provide financial support for its share of the funding commitment to the joint venture, the companies stated.
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