Gold Report: A week awash in positive news flow
Euro Sun Mining (TSX:ESM) signed a copper concentrates prepayment facility for up to US$200 million to advance its Rovina Valley project in Romania, which boasts one of the world's largest undeveloped copper-gold deposits and the second-largest in all of Europe.
Click here for the full story. By the ounce
At the time of writing on Wednesday, the price of gold was US$3,337 per ounce, down from US$3,405 in our June 18 report, according to data from The Globe and Mail, as global markets rebound following a ceasefire between Israel and Iran. This week in gold
LaFleur Minerals (CSE:LFLR) is on track to pour its first gold in 2026 at its Beacon mill in Quebec amid ongoing progress towards a preliminary economic assessment at its vastly untapped Swanson project. The 750-ton-per-day mill resides near numerous third-party gold deposits.
Cygnus Metals (TSXV:CYG) received C$16.2 million in commitments from institutional and sophisticated investors. The funds will support resource growth, technical studies and permitting at its flagship Chibougamau copper-gold project in Quebec, which holds estimated resources of 306,000 tons of copper and 314,000 ounces of gold.
New Gold (TSX:NGD) and Globex Mining (TSX:GMX) represent brightening opportunities to benefit from record gold prices, given their portfolios' long-term development runways and their stock prices' recently exponential trajectories. Top trending gold stocks
Join the discussion: Find out what everybody's saying about the stocks in this week's gold report on Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
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Cision Canada
16 minutes ago
- Cision Canada
/C O R R E C T I O N from Source -- BMO Financial Group - ETFs/ Français Français English
In the news release, BMO Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for June 2025, issued June 20, 2025 by BMO Financial Group - Communications over Cision, the monthly cash distribution per unit amount for ticker symbol ZXCO was incorrect. The complete, corrected news release follows: BMO Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for June 2025 TORONTO, June 20, 2025 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the June 2025 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on June 27, 2025 will receive cash distributions payable on July 3, 2025. The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is June 27, 2025. Details of the per unit cash distribution amount are as follows: Monthly Distributions FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT $ BMO Aggregate Bond Index ETF ZAG 0.040 BMO Canadian MBS Index ETF ZMBS 0.060 BMO Discount Bond Index ETF ZDB 0.030 BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.045 BMO Equal Weight Banks Index ETF ZEB 0.145 BMO Equal Weight REITs Index ETF ZRE 0.090 BMO Equal Weight Utilities Index ETF ZUT 0.070 BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY 0.056 BMO High Yield US Corporate Bond Index ETF ZJK 0.090 BMO High Yield US Corporate Bond Index ETF (USD Units)* ZJK.U 0.085 BMO Laddered Preferred Share Index ETF ZPR 0.050 BMO Laddered Preferred Share Index ETF (USD Units)* ZPR.U 0.080 BMO Long Corporate Bond Index ETF ZLC 0.060 BMO Long Federal Bond Index ETF ZFL 0.030 BMO Long Provincial Bond Index ETF ZPL 0.037 BMO Mid Corporate Bond Index ETF ZCM 0.055 BMO Mid Federal Bond Index ETF ZFM 0.030 BMO Mid Provincial Bond Index ETF ZMP 0.035 BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU 0.044 BMO Mid-Term US IG Corporate Bond Index ETF ZIC 0.061 BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* ZIC.U 0.045 BMO Real Return Bond Index ETF ZRR 0.050 BMO Short Corporate Bond Index ETF ZCS 0.045 BMO Short Federal Bond Index ETF ZFS 0.030 BMO Short Provincial Bond Index ETF ZPS 0.030 BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU 0.045 BMO US Aggregate Bond Index ETF ZUAG 0.065 BMO US Aggregate Bond Index ETF (Hedged Units) ZUAG.F 0.065 BMO US Aggregate Bond Index ETF (USD Units)* ZUAG.U 0.065 BMO US Preferred Share Hedged to CAD Index ETF ZHP 0.090 BMO US Preferred Share Index ETF ZUP 0.110 BMO US Preferred Share Index ETF (USD Units)* ZUP.U 0.100 BMO Balanced ETF (Fixed Percentage Distribution Units) ZBAL.T 0.155 BMO Canadian Dividend ETF ZDV 0.070 BMO Canadian High Dividend Covered Call ETF ZWC 0.100 BMO Covered Call Canadian Banks ETF ZWB 0.110 BMO Covered Call Canadian Banks ETF (USD Units)* ZWB.U 0.140 BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA 0.130 BMO Covered Call Energy ETF ZWEN 0.220 BMO Covered Call Health Care ETF ZWHC 0.160 BMO Covered Call Technology ETF ZWT 0.220 BMO Covered Call US Banks ETF ZWK 0.145 BMO Covered Call Utilities ETF ZWU 0.070 BMO Europe High Dividend Covered Call ETF ZWP 0.105 BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE 0.120 BMO Floating Rate High Yield ETF ZFH 0.070 BMO Global High Dividend Covered Call ETF ZWG 0.175 BMO Growth ETF (Fixed Percentage Distribution Units) ZGRO.T 0.180 BMO International Dividend ETF ZDI 0.080 BMO International Dividend Hedged to CAD ETF ZDH 0.080 BMO Monthly Income ETF ZMI 0.070 BMO Monthly Income ETF (USD Units)* ZMI.U 0.120 BMO Premium Yield ETF ZPAY 0.200 BMO Premium Yield ETF (Hedged Units) ZPAY.F 0.175 BMO Premium Yield ETF (USD Units) * ZPAY.U 0.180 BMO Ultra Short-Term Bond ETF ZST 0.112 BMO Ultra Short-Term US Bond ETF (USD Units)* ZUS.U 0.180 BMO USD Cash Management ETF ZUCM 0.107 BMO USD Cash Management ETF (USD Units)* ZUCM.U 0.104 BMO US Dividend ETF ZDY 0.070 BMO US Dividend ETF (USD Units)* ZDY.U 0.050 BMO US Dividend Hedged to CAD ETF ZUD 0.045 BMO US High Dividend Covered Call ETF ZWH 0.130 BMO US High Dividend Covered Call ETF (USD Units)* ZWH.U 0.125 BMO US High Dividend Covered Call Hedged to CAD ETF ZWS 0.105 BMO US Put Write ETF ZPW 0.125 BMO US Put Write ETF (USD Units)* ZPW.U 0.125 BMO US Put Write Hedged to CAD ETF ZPH 0.120 BMO Global Enhanced Income Fund (ETF Series) ZWQT 0.085 BMO Global Dividend Opportunities Fund (Active ETF Series) BGDV 0.034 BMO Global REIT Fund (Active ETF Series) BGRT 0.055 BMO Money Market Fund (ETF Series) ZMMK 0.120 BMO Global Infrastructure Fund (Active ETF Series) BGIF 0.050 BMO AAA CLO ETF ZAAA 0.135 BMO AAA CLO ETF (Hedged Units) ZAAA.F 0.134 BMO AAA CLO ETF (USD Units)* ZAAA.U 0.134 BMO Canadian Core Plus US Balanced ETF ZBCB 0.060 BMO US Dividend Growth ETF ZBDU 0.070 BMO US Dividend Growth ETF (Hedged Units) ZBDU.F 0.070 BMO Covered Call Spread Gold Bullion ETF ZWGD 0.125 Quarterly Distributions FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT $ BMO BBB Corporate Bond Index ETF ZBBB 0.290 BMO Canadian Bank Income Index ETF ZBI 0.320 BMO Corporate Bond Index ETF ZCB 0.470 BMO Dow Jones Industrial Average Hedged to CAD Index ETF ZDJ 0.190 BMO Equal Weight Industrials Index ETF ZIN 0.150 BMO Equal Weight Oil & Gas Index ETF ZEO 0.660 BMO Equal Weight US Banks Hedged to CAD Index ETF ZUB 0.185 BMO Equal Weight US Banks Index ETF ZBK 0.195 BMO ESG Corporate Bond Index ETF ESGB 0.265 BMO ESG US Corporate Bond Hedged to CAD Index ETF ESGF 0.240 BMO Global Communications Index ETF COMM 0.120 BMO Global Consumer Discretionary Hedged to CAD Index ETF DISC 0.075 BMO Global Consumer Staples Hedged to CAD Index ETF STPL 0.130 BMO Global Infrastructure Index ETF ZGI 0.350 BMO Government Bond Index ETF ZGB 0.320 BMO High Quality Corporate Bond Index ETF ZQB 0.270 BMO Japan Index ETF ZJPN 0.150 BMO Japan Index ETF (Hedged Units) ZJPN.F 0.190 BMO Long-Term US Treasury Bond Index ETF ZTL 0.280 BMO Long-Term US Treasury Bond Index ETF (Hedged Units) ZTL.F 0.240 BMO Long-Term US Treasury Bond Index ETF (USD Units)* ZTL.U 0.270 BMO Mid-Term US Treasury Bond Index ETF ZTM 0.360 BMO Mid-Term US Treasury Bond Index ETF (USD Units)* ZTM.U 0.360 BMO MSCI ACWI Paris Aligned Climate Equity Index ETF ZGRN 0.110 BMO MSCI All Country World High Quality Index ETF ZGQ 0.120 BMO MSCI Canada Selection Equity Index ETF ESGA 0.250 BMO MSCI Canada Value Index ETF ZVC 0.210 BMO MSCI EAFE Selection Equity Index ETF ESGE 0.220 BMO MSCI EAFE Hedged to CAD Index ETF ZDM 0.180 BMO MSCI EAFE High Quality Index ETF ZIQ 0.120 BMO MSCI EAFE Index ETF ZEA 0.150 BMO MSCI Europe High Quality Hedged to CAD Index ETF ZEQ 0.130 BMO MSCI Global Selection Equity Index ETF ESGG 0.150 BMO MSCI USA Selection Equity Index ETF ESGY 0.110 BMO MSCI USA Selection Equity Index ETF (Hedged Units) ESGY.F 0.090 BMO MSCI USA High Quality Index ETF ZUQ 0.110 BMO MSCI USA High Quality Index ETF (Hedged Units) ZUQ.F 0.070 BMO MSCI USA High Quality Index ETF (USD Units)* ZUQ.U 0.075 BMO MSCI USA Value Index ETF ZVU 0.150 BMO S&P 500 Hedged to CAD Index ETF ZUE 0.200 BMO S&P 500 Index ETF ZSP 0.210 BMO S&P 500 Index ETF (USD Units)* ZSP.U 0.160 BMO S&P/TSX 60 Index ETF ZIU 0.400 BMO S&P/TSX Capped Composite Index ETF ZCN 0.230 BMO S&P US Mid Cap Index ETF ZMID 0.130 BMO S&P US Mid Cap Index ETF (Hedged Units) ZMID.F 0.120 BMO S&P US Mid Cap Index ETF (USD Units)* ZMID.U 0.130 BMO S&P US Small Cap Index ETF ZSML 0.130 BMO S&P US Small Cap Index ETF (Hedged Units) ZSML.F 0.120 BMO S&P US Small Cap Index ETF (USD Units)* ZSML.U 0.130 BMO Short-Term Bond Index ETF ZSB 0.390 BMO Short-Term US TIPS Index ETF ZTIP 0.270 BMO Short-Term US TIPS Index ETF (Hedged Units) ZTIP.F 0.240 BMO Short-Term US TIPS Index ETF (USD Units)* ZTIP.U 0.250 BMO Short-Term US Treasury Bond Index ETF ZTS 0.360 BMO Short-Term US Treasury Bond Index ETF (USD Units)* ZTS.U 0.350 BMO All-Equity ETF ZEQT 0.220 BMO Balanced ESG ETF ZESG 0.180 BMO Balanced ETF ZBAL 0.220 BMO Conservative ETF ZCON 0.220 BMO Corporate Discount Bond ETF ZCDB 0.140 BMO Global Agriculture ETF ZEAT 0.130 BMO Growth ETF ZGRO 0.220 BMO Long Short Canadian Equity ETF ZLSC 0.160 BMO Long Short US Equity ETF ZLSU 0.120 BMO Low Volatility Canadian Equity ETF ZLB 0.280 BMO Low Volatility International Equity ETF ZLI 0.160 BMO Low Volatility International Equity Hedged to CAD ETF ZLD 0.170 BMO Low Volatility US Equity ETF ZLU 0.270 BMO Low Volatility US Equity ETF (USD Units)* ZLU.U 0.190 BMO Low Volatility US Equity Hedged to CAD ETF ZLH 0.170 BMO Short-Term Discount Bond ETF ZSDB 0.100 BMO US Equity Buffer Hedged to CAD ETF – January ZJAN 0.042 BMO US Equity Buffer Hedged to CAD ETF – April ZAPR 0.041 BMO US Equity Buffer Hedged to CAD ETF – July ZJUL 0.041 BMO US Equity Buffer Hedged to CAD ETF – October ZOCT 0.043 BMO Brookfield Global Real Estate Tech Fund (ETF Series) TOWR 0.120 BMO Brookfield Global Renewables Infrastructure Fund (ETF Series) GRNI 0.160 BMO Core Plus Bond Fund (ETF Series) ZCPB 0.200 BMO Global Innovators Fund (Active ETF Series) BGIN 0.020 BMO Global Strategic Bond Fund (ETF Series) ZGSB 0.300 BMO Sustainable Global Multi-Sector Bond Fund (ETF Series) ZMSB 0.250 BMO Tactical Dividend ETF Fund (ETF Series) ZZZD 0.300 BMO Target 2027 Canadian Corporate Bond ETF ZXCO 0.090 BMO Target 2028 Canadian Corporate Bond ETF ZXCP 0.100 BMO Target 2029 Canadian Corporate Bond ETF ZXCQ 0.100 Quarterly Distributions - Automatically Reinvested The following quarterly cash distributions are distributed and automatically reinvested in additional Accumulating Units of the applicable BMO ETF, which are consolidated immediately. *Cash distribution per unit ($) amounts are USD for ZAAA.U, ZJK.U, ZPR.U, ZIC.U, ZUAG.U, ZUP.U, ZWB.U, ZMI.U, ZPAY.U, ZUS.U, ZUCM.U, ZDY.U, ZWH.U, ZPW.U, ZTL.U, ZTM.U, ZUQ.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, and ZLU.U. Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the applicable ETF Facts document or prospectus before investing. BMO ETFs and ETF Series of the BMO Mutual Funds are not guaranteed, their values change frequently, and past performance may not be repeated. For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the simplified prospectus. Units of the BMO ETFs and ETF Series securities of the BMO Mutual Funds may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Distributions are not guaranteed and are subject to change and/or elimination. BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. The ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal. "BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence. About BMO Financial Group BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
Winnipeg Free Press
31 minutes ago
- Winnipeg Free Press
Enbridge says it would pitch new Alberta-B.C. pipeline only under right conditions
CALGARY – Canada's biggest crude oil shipper says a lot needs to happen before it would propose a new pipeline to the West Coast. Alberta Premier Danielle Smith has said she wants to see a pipeline running from her province to the Port of Prince Rupert, B.C., so that more oilsands crude can be exported to Asia by tanker. She told a news conference Tuesday that the province has been in 'active conversations' with pipeline companies and is 'pretty close' to having a one or more come forward with a plan. Smith has said the West Coast pipeline she envisions would test the Liberal federal government's new process to review projects deemed in the national interest within two years. Enbridge Inc., which has a massive pipeline network spanning Canada and the United States, says it will always assess market-diversifying projects, provided there is a demand from the producers it serves. It says in a statement that any new project would require careful consideration and real provincial and federal legislative change around carbon policies, regulatory timelines and Indigenous participation. 'We will be there to build what is needed for our shippers, for Alberta and for Canada — that's our job, our mission as a company — but only when the conditions make sense and the right framework is in place,' Enbridge said. The CEO of federally owned pipeline operator Trans Mountain Corp. told reporters earlier this month that his company is among those Smith has spoken to about spearheading a new pipeline. But Mark Maki said 'optimizing the existing kit' is a priority over building something new for now. Monday Mornings The latest local business news and a lookahead to the coming week. Trans Mountain flows to the B.C. Lower Mainland is currently the only way Alberta producers can meaningfully access Asia-Pacific markets. South Bow Corp., which operates the Keystone pipeline connecting Alberta crude to refineries in the U.S. Midwest and Gulf Coast, said in a statement it appreciates provincial and federal recognition of the need for increased pipeline capacity. 'South Bow carefully evaluates all opportunities, especially those that complement our current assets and strengthen our existing corridor.' This report by The Canadian Press was first published June 25, 2025. Companies in this story: (TSX: ENB) (TSX: SOBO)
Cision Canada
2 hours ago
- Cision Canada
NexLiving Communities Announces Adoption of Omnibus Equity Compensation Plan
HALIFAX, NS, June 25, 2025 /CNW/ - (TSXV: NXLV) – NexLiving Communities Inc. ("NexLiving" or the "Company") announced that at its annual general meeting held on June 4, 2025, shareholders of NexLiving approved the adoption of the Company's omnibus equity compensation plan (the "Plan") approved by the board of directors of NexLiving on May 2, 2025. The TSX Venture Exchange (the "Exchange") has provided conditional acceptance of the Plan, subject to the Company meeting all of the requirements of the Exchange. The Plan replaces the Company's amended and restated incentive stock option plan and amended and restated deferred share unit plan. The principal amendments to such predecessor plans are to allow for the issuance of stock options, stock appreciation rights, deferred share units, restricted share units and performance share units pursuant to the Plan. The purpose of the Plan is to attract and retain directors, officers, employees, consultants and management company employees of NexLiving and to motivate them to advance the interests of the Company by affording them with the opportunity to acquire an equity interest in the Company through security-based compensation awards which are exercisable or can be settled by the issuance of common shares of the Company. The aggregate number of common shares to be awarded under the Amended Plan will be a rolling maximum number that will not be greater than 10% of the issued and outstanding common shares at any point in time. Given 32,690,316 common shares are currently outstanding, 3,269,031 common shares will be reserved for issuance under the Plan, subject to adjustment upon any increase in the number of common shares outstanding. The rules and policies of the Exchange provide that a rolling plan must be approved by the shareholders every year. On June 24, 2025, the Board of Directors approved the issuance of 120,000 DSUs to directors and employees of the Company. The DSUs vest over three years in accordance with the provisions of the Company's omnibus equity compensation plan. About the Company NexLiving continues to execute on its plan to acquire recently built or refurbished, highly leased multi-residential properties in secondary markets across Canada. NexLiving aims to deliver exceptional living experiences to our residents and provide comfortable, affordable housing solutions that cater to a wide range of demographics. The properties offer a range of modern and updated suites, with a variety of amenities and features that allow residents to experience a hassle-free and maintenance-free lifestyle. NexLiving is committed to investing in its properties to ensure that they are modern and up to date. The Company currently owns 2,083 units in New Brunswick, Quebec, Ontario and Manitoba. NexLiving has also developed a robust pipeline of qualified properties for potential acquisition. By screening the properties identified to match the criteria set out by the Company (proximity to healthcare, amenities, services and recreation), management has identified a number of attractive acquisition targets. For more information about NexLiving, please refer to our website at and our public disclosure at Forward-Looking Statements This news release forward-looking information within the meaning of applicable Canadian securities laws (" forward-looking statements"). All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "projects", "estimates", "forecasts", "intends", "continues", "anticipates", or "does not anticipate" or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements contained in this news release include, but are not limited to, management's expectations of meeting all the requirements of the Exchange and issuing future security-based compensation awards pursuant to the Plan. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. These forward-looking statements reflect the current expectations of the Company's management regarding future events and operating performance, but involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual events could differ materially from those projected herein and depend on a number of factors. These risks and uncertainties are more fully described in regulatory filings, which can be obtained on SEDAR at under NexLiving's profile, as well as under Risk Factors section of the MD&A released on April 25, 2025. Although forward-looking statements contained in this new release are based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this new release speak only as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake, and specifically disclaims, any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
