Archive for March, 2010

Pinetree Capital Acquires Securities of Resinco Capital Partners Inc.

Pinetree Capital Ltd. (TSX:PNP), reported that through a series of transactions ending on March 19, 2010, Pinetree acquired ownership of 213,500 common shares of Resinco Capital Partners Inc. through the facilities of the Toronto Stock Exchange representing approximately 0.2% of the total issued and outstanding common shares of Resinco as of March 18, 2010.

Sidon Acquires new land at Windfall Lake Discovery

SIDON INTERNATIONAL RESOURCES CORP. (TSX VENTURE:SD)(FRANKFURT:SY7)(OTCBB:SIDNF) reported that it has acquired approximately 2100 contiguous hectares, “the Windfall Prospect” in the direct vicinity of the recent discovery on the Windfall Lake Property by Eagle Hill Exploration.

Athabasca Potash reports Voting Results

Athabasca Potash Inc. (TSX:API) reported that the holders of API common shares and options voted 99.84% in favour of an arrangement pursuant to section 186.1 of The Business Corporations Act (Saskatchewan) at a special meeting of the API Securityholders held on March 17, 2010.

Agrium to focus on growth of retail unit

Fertilizer maker Agrium Inc (AGU.TO) may have failed to clinch a deal to acquire U.S. rival CF Industries (CF.N), but it continues to look for acquisition opportunities to expand its North American retail business.

Potash Upgrade Jolts Market

In evidence that the market is staring to turn around, Potash Corp. of Saskatchewan, the world’s top potash producer, aggressively hiked its earnings forecast for the current quarter. Potash’s move sent a ripple affect through all North American Producers.

MagIndustries Corp. Receives Statement of Claim

MagIndustries Corp. (TSX:MAA) reported that the company has received a Statement of Claim filed by Willy Verbrugghe, a former employee, in the Ontario Superior Court of Justice, made against the Company and its wholly owned subsidiary MagMinerals Potash Corp.