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Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news

Exco Technologies Ltd. (XTC-T) reported sales of $140.4-million for its fourth quarter ended Sept. 30, up from $106.4-million for the same quarter a year ago. The expectation was for revenue of $132.9-million in the most recent quarter, according to S&P Capital IQ.

Net income of $5.6-million or 14 cents per share compared to net income of $7.1-million or 18 cents a year ago.

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Viemed Healthcare Inc. (VMD-T) announced new syndicated credit facilities, including a five-year senior secured revolving credit facility of up to $30-million and a five-year delayed draw term loan facility of up to $30-million, which may be borrowed in multiple drawdowns.

The company said the new credit facilities contain an accordion feature that allows it to increase the size of the facilities by up to $30-million, subject to certain conditions, for a total borrowing capacity of up to $90-million.

“The significantly increased commitments enhance the company’s financial flexibility and liquidity, providing capacity to complement our impressive organic growth through strategic acquisitions,” said chief operating officer Todd Zehnder.

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AbraSilver Resource Corp. (ABRA-X) announced an $8-million bought-deal private placement. It has an agreement with a syndicate of underwriters to purchase 21,622,000 units of the company for 37 cents each.

Each unit will include one share and one-half common share purchase warrant exercisable for 50 cents for 24 months. The company said it intends to use the net proceeds for the continued exploration of its Diablillos silver-gold project in Argentina.

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Frontier Lithium Inc. (FL-X) reported a loss of $5-million or 2 cents per share in its second quarter ended Sept. 30, according to documents filed on Sedar.com. That compared to a loss of $2.1-million or a penny per share for the year-ago period

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Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 28/03/24 4:00pm EDT.

SymbolName% changeLast
ABRA-X
Abrasilver Resource Corp
+10.94%0.355
FL-X
Frontier Lithium Inc
+6.41%0.83
XTC-T
Exco Tech
+0.27%7.42

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