logo
Cantiro sees bright future ahead with expansion plans

Cantiro sees bright future ahead with expansion plans

Article content
That future sees the Edmonton-based company introducing new communities, new home models, expanding its presence in Alberta and playing a larger role in home building in greater Edmonton.
Last year, Cantiro, which previously expanded into British Columbia and Ontario, entered the greater Calgary market with developments in northwest Calgary at Arbour Lake West, and with Cantiro Homes building in Cochrane's new West Hawk, a master planned hillside community. In addition, Cantiro acquired Morrison Homes Edmonton — now part of its Cantiro Homes banner — enabling it to expand into the communities of Elan in Beaumont, Glenridding Ravine in southwest Edmonton and Riverside in St. Albert.
'We had an amazing year with what we accomplished,' said Gary Hoeft, general manager, Cantiro Homes Edmonton. 'I don't know too many home buildings companies that can build, stage and open 20 show homes (18 show homes and two sales centres) in one calendar year, and we released our Metro series townhomes. We also launched our rear lane series — we never really did a lot of that before — and acquired Morrison Homes Edmonton. I'm super proud of our team for stepping up and meeting those challenges.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Hycroft Announces Public Offering of Units
Hycroft Announces Public Offering of Units

Cision Canada

timean hour ago

  • Cision Canada

Hycroft Announces Public Offering of Units

WINNEMUCCA, Nev., June 11, 2025 /CNW/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company") is pleased to announce a proposed public underwritten offering of units of the Company (the "Units") for gross proceeds of approximately $40 million (the " Offering"). Each Unit will be comprised of one share of common stock of the Company and one-half of one common stock purchase warrant (each whole warrant, a " Warrant"). Each Warrant will be exercisable to purchase one share of common stock of the Company. Hycroft intends to use the net proceeds from the Offering for further exploration, working capital and general corporate purposes. BMO Capital Markets and Paradigm Capital Inc. are acting as joint book-running managers for the Offering. SCP Resource Finance LP is acting as a capital markets advisor to the Company. The Offering will be priced in the context of the market with the price, total size and other final terms of the Offering and the Units to be determined at the time of entering into an underwriting agreement for the Offering. Hycroft will also grant the underwriters a 30-day option to purchase up to an additional 15% of the base Offering, to acquire Units, shares of Common Stock and/or Warrants (or any combination thereof), at the underwriters' discretion. Closing of the Offering will be subject to a number of customary conditions, including the entering into of a definitive underwriting agreement. The Offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-279292) that was filed by the Company with the U.S. Securities and Exchange Commission (the " SEC"), as amended. A preliminary prospectus supplement relating to and describing the terms of the Offering will be filed with the SEC and will be available on the SEC's website at Copies of the preliminary prospectus supplement and accompanying prospectus, as well as copies of the final prospectus supplement, once available, may be obtained upon request by contacting BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at [email protected]. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a US-based gold and silver company developing the Hycroft Mine, among the world's largest precious metals deposits located in northern Nevada, a Tier-One mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into the next phase of commercial operations for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to further expand the newly discovered high-grade dominant silver systems and unlock the full potential of this worldclass asset, including oxide leaching potential at Manganese. For further information, please contact: [email protected] Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Forward-looking statements address activities, events, or developments that the Company expects or anticipates will or may occur in the future and are based on current expectations and assumptions. Forward-looking statements in this news release relate to, among other things, the completion of the Offering and the terms thereof, the closing of the Offering, the intended use of proceeds of the Offering and the strategic vision and objectives for the Company and expectations regarding exploration potential. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, but are not limited to, risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; risks related to our ability to re-establish commercially feasible mining operations; industry related risks, including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; and the availability and cost of equipment, supplies, energy, or reagents. The occurrence of one or more of the events or circumstances described alone or in combination with other events or circumstances may have a material adverse effect on the Company's business, cash flows, financial condition, and results of operations. Please see our "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2024, and other reports we have filed with the SEC for more information about these and other risks. You are cautioned against attributing undue certainty to forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believed were reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements. Readers cannot be assured that the Offering will be completed on the terms described above, or at all. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments except as required by applicable law. All forward-looking statements contained in this news release are expressly qualified by the foregoing cautionary statements.

Boyle Street, Katz Group reach ‘positive resolution' after $5M legal battle
Boyle Street, Katz Group reach ‘positive resolution' after $5M legal battle

CTV News

time4 hours ago

  • CTV News

Boyle Street, Katz Group reach ‘positive resolution' after $5M legal battle

Representatives from Boyle Street Community Services (BSCS) and Katz Group Real Estate say they have come to a 'positive resolution' following a legal battle over a $5 million donation. Last year, the Ice District Corporation (IDC), a subsidiary of local billionaire Daryl Katz's business conglomerate, sued BSCS in a civil lawsuit, claiming it didn't have to donate an agreed upon $5 million because the charity failed to adequately raise funds to build a new drop-in facility. A statement of claim filed in November 2024 argued that the Edmonton charity didn't make enough efforts to raise funds for the King Thunderbird Centre replacing the former location at 101 Street and 105 Avenue which IDC purchased from Boyle Street for $5 million in 2021. King Thunderbird updated rendering The most recent rendering of Boyle Street Community Services's King Thunderbird facility, released to CTV News Edmonton on May 3, 2024. BSCS announced a $28.5-million campaign to raise money for the project, needing at least $8.5 million to begin it. As part of the deal between the Ice District and Boyle Street, a $5 million donation, a 'backstop gift' was pledged by IDC in case BSCS didn't meet its fundraising goals that would decrease dollar by dollar if the charity exceeded its $8.5 million threshold. BSCS moved out of their former location in 2023 because the lease on the building was up and it was 'no longer financially viable' for them to stay. Oilers Entertainment Group (OEG) said it finalized the purchase and lease agreement with BSCS for its former facility in 2021. A two-year lease was signed, ending in fall 2023. OEG said it offered an extension on the lease at the same nominal rate agreed upon in 2021 to allow BSCS to coordinate its relocation. BSCS' new location, King Thunderbird Centre at 107A Avenue and 101 Street, has been in the works for nearly a decade, and is expected to open this fall. As of April 2025, the centre had reached the halfway point in construction. CTV News Edmonton reached out to both groups to determine what a 'positive resolution' entails, but have yet to hear back. More to come … With files from CTV News Edmonton's Craig Ellingson

Ostara Inc. Launches CG P2X in Western Canada: Phosphorus, Perfected
Ostara Inc. Launches CG P2X in Western Canada: Phosphorus, Perfected

Cision Canada

time5 hours ago

  • Cision Canada

Ostara Inc. Launches CG P2X in Western Canada: Phosphorus, Perfected

ST. LOUIS, June 11, 2025 /CNW/ -- Ostara is proud to announce the launch of CG P2X in Western Canada, a next-generation phosphorus fertilizer that delivers unmatched efficiency, crop safety, and agronomic performance. Built on the trusted foundation of Crystal Green technology, P2X is a root-activated, seed-safe solution designed to meet increasing crop demands across agriculture. P2X is phosphorus, perfected. Activated by organic acids and new mineralogy formed with the plant essential element magnesium, P2X delivers a consistent supply of plant-available phosphorus that doesn't tie up in the soil. It is 2x more efficient than traditional phosphorus fertilizers, allowing growers to apply less product while achieving equal or better results. Field trials also show that P2X helps improve soil biology by reducing salt and free acid load, supporting healthier microbial activity and a more resilient growing environment. This means P2X isn't just good for ROI and logistical efficiency, it is better for the soil. "P2X is clearly the most efficient, sustainable and economical phosphate fertilizer on the market. No other product can match the performance and value of P2X and there's no one better to drive the growth of P2X than Taurus" said from Ron Restum, Chief Commercial Officer, Ostara. Unlike conventional phosphorus that can tie up before crops can access it, P2X responds to the plant. Its root-activated release ensures phosphorus is available during the moments of highest demand, from early vegetative stages through reproduction and beyond, without risking seedling safety or yield loss. As Ostara's exclusive distribution partner in Western Canada, Taurus Agricultural Marketing Inc. will offer P2X through its partnerships with the national retail network, supported by agronomic training, technical expertise, and field-level service. "After nearly a decade working with Ostara, we've seen plant-controlled phosphate succeed across millions of acres," said Craig Davidson, President of Taurus Agricultural Marketing. "P2X takes it to the next level with a single-source, seed-safe phosphate that drives yield, supports soil health, and helps growers stay efficient and profitable in a tight-margin world." P2X is available to the market now. Its launch signals a new era in phosphorus fertility, one that delivers more yield with less input while building healthier, more productive soils for the future. TAURUS AGRICULTURAL MARKETING INC. | About Ostara: Ostara develops and manufactures high-efficiency fertilizers that improve plant uptake and reduce environmental losses. Backed by proprietary recovery and formulation technology, Ostara helps farmers grow more with less. About Taurus Agricultural Marketing Inc.: Taurus Ag is a Canadian-based agronomic marketing company focused on helping progressive growers unlock more from their seed, soil, and plant fertility. Through scientifically backed products and field-tested strategies, Taurus supports on-farm decision-making with tools that drive yield, improve efficiency, and build long-term profitability.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store