Lithium in SK, Part 10: A helium explorer who found lithium responds
SASKATOON – In the pursuit of other products, lithium is popping up. Indeed, much of the lithium exploration today is based on wells that were drilled for oil. But lithium has shown up elsewhere. As identified in the previous two stories in this series, that can...
Lithium in SK, Part 9: And the acquisitions begin, with Prairie Lithium to be acquired by Arizona Lithium
EMERALD PARK – As the race for lithium development heats up in Saskatchewan, it’s just seen its first major acquisition.
Emerald Park-based Prairie Lithium announced at suppertime on Tuesday, Dec. 20, that it had been acquired by Arizona Lithium Limited (AZL) in a CAD $70.6 million deal, consisting of CAD $40.0 million in cash and 500 million common shares of AZL at a deemed price of CAD $0.0612 per share based on the 10-day VWAP of AZL’s shares.
Imperial Oil plans $1.7 billion in capital spending in 2023
CALGARY — Imperial Oil Ltd. is planning $1.7 billion in capital spending for next year.
The company says the plan includes a ramp-up for its Strathcona renewable diesel project, application of solvent technologies at Cold Lake and ongoing investment on an in-pit tailings project at its Kearl oilsands facility.
Whitecap, ROK Resources make separate announcements, but there’s plenty at play
REGINA, CALGARY – On Jan. 19, two companies put out press releases involving a total of four transactions with four companies involved affecting three provinces, but no one really wanted to say publicly who the other parties were.
Clear as mud?
As politicians played inflation blame game in 2022, what really drove rising prices?
Some called it “Justinflation.” Others called it “greedflation.”
But reality might be a lot less catchy than the wordplay that has taken off in Canadian politics this year.
After enjoying decades of a relatively low and stable inflation rate, Canadians spent 2022 grappling with the highest levels of inflation seen in nearly 40 years.
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