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17 April 20265 Mins read

PRE-OPEN Canadian futures are higher as optimism over easing Middle East tensions left the benchmark poised for a fourth consecutive week of gains, although lower oil prices could weigh on energy shares. U.S. stock index futures also rose, setting the stage for a strong weekly close.

Canada

 

 

 

 

 

 

 

 

 

 

 

 

 

The Canada Mortgage and Housing Corporation is expected to report that housing starts rose to an annualized rate of 255,000 units in March, up from 250,900 in February.

The war in the Middle East is the latest reminder of how commodities are reshaping the geopolitical landscape, leaving currencies from Norway, Canada, Australia, and New Zealand well placed to outperform larger rivals.


 

Algo Grande Copper Corp. (TSXV:ALGR)(OTC PINK:ALGRF)(FRA:KM00) announces the engagement of Major Drilling Group International Inc. to execute an approximately 8,000 metre Phase II drill program at its Adelita Project in Sonora, Mexico, and has commenced earthworks in preparation for drilling, including construction of drill pads across multiple high-priority target areas.

Initial site preparation is now underway and includes the rehabilitation of existing access roads, and development of access routes to support efficient mobilization. These activities are focused on improving accessibility across both sides of the Cerro Grande skarn target area, where initial drilling will be concentrated.

Approximately 30 drill pad locations (7-metre by 7-metre) are currently being prepared across the Cerro Grande skarn and its extensions, including the south and north-west zones, as well as additional high-priority targets such as Cerro Potrero South - where the Company has identified a ~300 metre skarn outcrop located approximately 3 kilometres from Cerro Grande - and Las Trancas, an epithermal target showing significant Ag-Cu-Au mineralization. Together, these targets support a broad, district-scale drill campaign.

Enrico Gay, CEO of Algo Grande Copper, commented: "With Major Drilling engaged and earthworks now underway at Adelita, the Company is advancing toward its Phase II drill program. Approximately 30 drill pads are being prepared across Cerro Grande and multiple high-priority targets, positioning the Company to test and expand the scale of high-grade copper mineralization along the 6-kilometre limestone corridor. The completion and integration of LiDAR, magnetic, and geochemical programs will be key in finalizing drill targets for the upcoming campaign.”

 

Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) announce that on April 14th, 2026, it entered into an option agreement (the "Agreement") with Metallic Minerals Corp. ("Metallic"), pursuant to which the Company will, subject to receipt of approval from the Canadian Securities Exchange ("CSE"), have the right (the "Option") to earn a 100% interest in the McKay Hill Property (the "Property").

Jeff Stevens, Chief Executive Officer of the Company, states, "Acquiring the McKay Hill property marks an exciting new chapter for our company as we expand into the Yukon, one of Canada's most storied and prospective mining districts. This is a rare opportunity to advance an under-explored project in a jurisdiction that has a long history of significant mineral exploration activity. We see strong potential at McKay Hill, and our team is eager to apply modern exploration techniques to expand on the previous work completed by Metallic Minerals Corp. This acquisition fits squarely within our strategy of assembling a portfolio of high-quality assets in established mining regions, and we're looking forward to beginning our work in the Yukon.” To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292872

 

Arya Resources Ltd. (TSXV: RBZ) announce that, further to its previously announced non-brokered private placement (see news release dated April 08, 2026), the Company has increased the flow-through component of the financing from $2,000,000 to $2,190,000 due to strong investor demand.

The upsized flow-through component will now consist of up to 4,380,000 flow-through common shares (the "FT Shares") at a price of $0.50 per FT Share, for gross proceeds of up to $2,190,000.

Rasool Mohammad, President and CEO of Arya Resources, commented:
"We initially capped the flow-through financing at $2.0 million, with only a modest increase to $2.19 million to manage dilution prudently. While demand was strong, we elected not to accept additional subscriptions to maintain a disciplined capital structure and minimize dilution to our shareholders."

"We were very encouraged by the strong demand for the flow-through financing," said Peter K. Deacon, Director. "While we would have welcomed all interested participants, we remain committed to protecting our existing shareholders by carefully managing dilution. We are also very proud of Rasool's leadership and the tangible value he continues to build for the Company.”


 

Cosigo Resources Ltd. (TSXV: CSG) (OTCQB: COSRF) Further to the Company's press releases dated December 10, 2025 and April 1, 2026 regarding its Private Placement, the Company plans to issue 8,750,000 common shares ("Units") at $0.08 raising $700,000 in gross proceeds. Each Unit consists of one Common Share in the capital of the Company and one Common Share purchase Warrant. Each Warrant will entitle the holder to acquire one Common Share at a price of $0.15 within 60 months following issuance.

Certain directors and officers of the Company ("Interested Parties") purchased a total of 2,247,157 common shares under the Private Placement. The placement to those persons constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101). Notwithstanding the foregoing, the directors of the Company have determined that the Interested Parties' participation in the Private Placement will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance on the exemptions set forth in sections 5.5(a) and 5.7(1)(b) of MI 61-101. The Company did not file a material change report 21 days prior to the closing of the Private Placement as the details of the participation of Interested Parties had not been confirmed at that time.


 

Dynamite Blockchain Corp. (CSE:KAS)(OTC:CRYBF)  provide a comprehensive development update on its first Blockchain Ecosystem Product Offering, its "Dynamite Wallet" - an evolution of the IMME Wallet platform acquired through the acquisition of Kaspa Secure Technologies Inc. ("Kaspa Secure") on May 13, 2025, which included, but was not limited to, biometric functionality.

Biometric-Bound Cryptography

The Company's goal is to ground digital asset security in biometric-bound cryptography, a system that effectively eliminates the need for users to manage complex seed phrases or private keys in order to access their crypto wallets.

Instead, the user's face becomes their private key.

This would reduce the friction around accessing decentralized financial infrastructure while maintaining strong protection against unauthorized access. View the original press release on ACCESS Newswire


 

Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) announced that its Western Australia-based business unit ("edgeTI WA") has secured another contract valued at approximately 1.15 million Australian dollars within its defense maritime sector.

While edgeTI is recognized for its digital twin expertise, the Company is expanding its capability in support of defense customers around the globe — delivering innovative solutions across sea, air, and land domains. These capabilities underscore edgeTI's commitment to supporting the modern warfighter with Sustainment, Operations and Deployment Decision Advantage.

This contract reinforces the Company's strategic expansion into defense and industrial operations, where customer demand for overmatched Digital Fleet Lifecycle capabilities is a relentless signal. The awarded scope is for various Navy and Border Force programs including Acquisition Data Management, ILS Digital Maintenance Baseline Solutions, and On-vessel Production Validation & Testing.

Jason Nichols, CEO of edgeTI commented: "This follow-on contract is more than a financial milestone; we believe it validates EdgeTI's strategic goal to innovate at speed and get mission-driven capabilities to the warfighter. By integrating the high-end maritime capabilities acquired earlier this year, we've set the stage to advance our support to Digital Fleets — delivering true Decision Advantage at the tactical edge.

We aren't just managing data and support systems; we are building the digital backbone of an integrated digital sustainment framework, accelerating the speed of innovation from the shipyard to the deck plate."


 

Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) report the final results from its 2025 ground-based radiometric survey at the Airline Project, located in the Wind River Basin of Wyoming, USA. The program successfully refined previously identified radiometric anomalies in 2024, expanded survey coverage into newly staked ground, and generated a high-density dataset to support follow-up interpretation and drill targeting.

The radiometric survey was completed by Big Rock Exploration and consisted of approximately 56 kilometers of ground radiometric coverage, with survey lines spaced 25 meters apart and continuous data collection at roughly 10-meter intervals. The survey utilized RC-103 RadiaCode instruments, with RS-125 scintillometer readings collected at selected stations for quality control and instrument correlation.

Results from the program have improved definition of known radiometric anomalies and identified additional subtle anomalous zones that were not resolved in earlier, lower-density surveys (see Figure 1). Several radiometric responses appear spatially associated with stratigraphic contacts near the unconformity between Tertiary sedimentary units and underlying Archean basement rocks, a geological setting considered favourable for uranium mineralization in the district.

"We are pleased with the completion of this phase of work at the Airline Project," said Ungad Chadda, CEO of Global Uranium. "The program successfully utilized RC-103 instruments to collect a high-density radiometric dataset, efficiently advancing the project and supporting future drill targeting."


 

Loyalist Exploration Limited (CSE: PNGC) announce that it has entered into a professional services agreement with P&E Mining Consultants Inc. (“P&E”) to advance the Tully Gold Project, located approximately 25 km northeast of Timmins in the prolific Timmins-Porcupine Gold Camp.

Under the engagement, P&E will deliver a phased scope of work consisting of:

Phase 1: Internal Mineral Resource Estimate

Phase 2: NI 43-101 compliant external Mineral Resource Estimate

Phase 3: Preliminary Economic Assessment (PEA) Technical Report

Loyalist is now complete with its internal work in preparation of this engagement with the review of the exploration database, block model, creation of level plans and preliminary mine planning concepts. This work builds on the project’s historical gold mineral resource estimate* and supports Loyalist’s “Buy Timmins, Mine Timmins” strategy, which focuses on consolidating and advancing high-potential assets in the Timmins Mining District toward potential development and production.

Eugene Puritch, P.Eng., FEC, CET, President of P&E Mining Consultants Inc., will lead the engagement as a Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Errol Farr, President and CEO of Loyalist, commented: “We are excited to partner with P&E, a highly respected firm with extensive experience in Mineral Resource estimation and technical reporting in the Canadian and international mining sectors. This engagement represents a key milestone in advancing the Tully Gold Project. By completing an updated Mineral Resource Estimate and PEA, we aim to better define the economic potential of this high-grade gold asset and unlock value for our shareholders as we progress permitting and exploration activities in the Timmins camp.”


 

NurExone Biologic Inc. (TSXV: NRX) (OTCQB: NRXBF) (FSE: J90) a biopharmaceutical company developing exosome-based regenerative therapies for central nervous system (“CNS”) injuries is pleased to provide a business update and reported financial results for the fourth quarter and financial year ended December 31, 2025. The Company’s lead program, ExoPTEN, is being developed for acute spinal cord injury and optic nerve damage, with additional potential indications including traumatic brain injury and facial nerve injury.

The Company’s audited consolidated financial statements for the fiscal years ended December 31, 2025 and 2024 and accompanying management discussion and analysis can be accessed by visiting the Company's website at www.nurexone.com and its SEDAR+ profile at www.sedarplus.ca. visit www.nurexone.com


 

RPX Gold Inc. (TSXV: RPX) announce that it has entered into an agreement with Haywood Securities Inc. ("Haywood"), as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents (together with Haywood, the "Agents"), pursuant to which the Agents have agreed to sell, on a "best efforts" private placement basis, securities of the Company (the "Offered Securities") for maximum gross proceeds to the Company of C$11,000,000 from the sale of the Offered Securities (the "Offering”). Company, visit https://www.rpxgold.com


 

Trident Resources Corp. (TSXV: ROCK (OTCQB:TRDTF) announce that it has signed a  Property Option Agreement dated April 15, 2026 (the “Agreement”) with North-Sask. Ventures Ltd. (“North-Sask.” or the “Optionor”) pursuant to which the Company has the right to acquire up to 100% interest in 19 individual mineral dispositions that total 3,586 hectares (ha) within the La Ronge Gold Belt.

Jonathan Wiesblatt, Trident’s CEO, commented: "This strategic land acquisition further adds to Trident’s overall asset base of highly prospective claims in the La Ronge Gold Belt. The Company is in an excellent financial position to maximize the value of our existing gold projects in addition to adding strategic new claims surrounding our current project portfolio.

Trident is well-funded with over $32M in cash and marketable securities on its balance sheet. Contact Lake drilling is exceeding our expectations as we drill to confirm the high-grade potential resources and testing the extension of the trend both along strike and at depth. This is part of our major corporate strategy as we embark on building a dominant project portfolio in this mining camp. We expect news flow within the coming months from our program.”


ECONOMIC DATA
0815 Housing Starts, Annualized for Mar: Expected 255,000; Prior 250,900

World Markets

 

 

Euro STOXX 50 futures were down 10 points at 5,867, FTSE futures added 9.5 points to 10,610, German DAX futures dropped 11 points to 24,308, by 0430 GMT.

Japan's Nikkei share average retreated from a record high scaled the day before, as investors sold technology stocks on caution over the index's rapid gains.

Oil prices fell in early trade on optimism the Middle East conflict could be nearing an end after a 10-day ceasefire between Lebanon and Israel took effect and Trump said the U.S. and Iran may meet for talks on the weekend.

 

The S&P 500 & Nasdaq rose modestly to record closing highs for a second straight day on Thursday on optimism that the worst of the Middle East conflict had passed after Israel agreed to a temporary ceasefire with Lebanon and Trump indicated the U.S. and Iran could meet again on the weekend.

 

Asian stocks were poised for a second week of strong gains and oil prices were pinned below $100 a barrel with investors hopeful for a near-term resolution to the Middle East war.

 

The U.S. dollar was headed for a second consecutive weekly decline in tentative trade, as a ceasefire between Israel and Lebanon and prospects for fresh Iran talks prompted investors to unwind safe-haven positions.

 

U.S. Treasury yields rose on Thursday as climbing oil prices kept inflation fears elevated, leaving traders and Federal Reserve policymakers to navigate the competing risks of stubbornly high price growth and a slowing economy.

 

Gold held largely steady and was on track for a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears of higher inflation and elevated U.S. interest rates.

S&P 500 Index Mini Futures: 7,082.25; up 0.07%; 5.25 points
DJIA Mini Futures: 48,851.00; up 0.17%; 84 points
Nikkei: 58,954.36; down 0.95%; 563.98 points
MSCI Asia, Ex-JP: 813.93; down 0.76%; 6.25 points
EUR/USD: $1.1783; up 0.01%; 0.0001 point
GBP/USD: $1.3524; down 0.02%; 0.0003 point
USD/JPY: 159.46 yen; up 0.17%; 0.27 point
Spot Gold: $4,799.04; up 0.24%; $11.26
U.S. Crude: $93.44; down 1.32%; $1.25
Brent Crude: $98.13; down 1.27%; $1.26
10-Yr U.S. Treasury Yield: 4.3193%; up 0.010 point
10-Yr Bund Yield: 3.0510%; up 0.018 point​

 
 
 
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Screenshot 2026-04-24 113435.png

 

US

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. futures are higher, looking to close the week strong, as investors grew more optimistic that tensions in the Middle East may be easing. In Europe, the STOXX 600 was on track for its fourth consecutive weekly gain. In Asia, Japan’s Nikkei slipped from a record high in the previous session after investors sold technology stocks amid caution about the index’s rapid gains, while Chinese stocks ended lower as investors took profits following recent advances.

 

Trump says Iran war should end 'soon', allies to meet on Strait of Hormuz U.S. President Donald Trump said a deal to end the war in Iran could be reached soon, although the timing remained unclear, while U.S. allies were gathering to discuss reopening the vital Strait of Hormuz shipping route.

The refund system is the latest twist in a drawn-out battle over tariffs collected over the past year as part of President Donald Trump's effort to restructure U.S. trade relations with almost every nation on earth. Multiple importers reached by Reuters said they are concerned about the durability of the new filing system, at least in the opening phase as thousands rush to upload their claims.

AEVEX Corp: Drone maker AEVEX said on Thursday that it had raised $320 million in its U.S. initial public offering after ‌pricing shares at $20 each. The Solana Beach, California-based company sold 16 million shares within its indicated price range of $18 to $21 apiece. AEVEX provides airborne intelligence, surveillance and reconnaissance offerings to the U.S. government and its allied forces. The defense contractor's portfolio includes unmanned systems that can deliver munitions, explosive payloads ‌and ⁠guided strikes against targets.

Alphabet Inc, Amazon.com Inc & NiSource Inc: NiSource said on Thursday it had signed a long-term energy supply agreement with a unit of Alphabet to support a large data center in northern Indiana. The company also said it had expanded an agreement with Amazon to speed up power delivery to its sites and bring forward bill credits for households.  The power supply for Alphabet was expected to begin in summer 2026, the company said.

Apple Inc: The company's iPhone shipments surged 20% in China in the first quarter, for the strongest growth among major vendors, despite an overall decline as rising prices of memory chips boosted costs, data from Counterpoint Research showed. Overall smartphone shipments dropped 4% in the world's largest smartphone market in the period from January to March, hit by supply chain disruptions and the soaring chip prices.

Brookfield Asset Management Ltd: Abu Dhabi-based private equity investment manager Axight has agreed to buy a minority stake in La Trobe Financial from Brookfield Asset Management, in a deal that values the Australian alternative asset manager at $2.15 billion. Brookfield will remain La Trobe's majority owner after the transaction, the companies said in a joint statement. The New York-headquartered asset manager said the deal will broaden La Trobe's next phase of growth, as its assets under management have increased to A$23 billion from A$14 billion over the past four years.

GE Vernova Inc: A Massachusetts judge on Thursday appeared open to temporarily blocking GE Vernova from abandoning work on the largest offshore wind farm in New England after the developer of the $4.5 billion Vineyard Wind project refused to pay over $300 million the turbine supplier says it is owed. Suffolk County Superior Court Judge Peter Krupp appeared skeptical during a hearing in Boston that lawyers for a GE Vernova unit were right that the company was entitled to terminate its contract with Vineyard Wind and cease work effective April 28.

Netflix Inc: Netflix shares fell after chairman and co-founder Reed Hastings said he was leaving the company at a pivotal moment, as the streaming pioneer hunts for new growth avenues following a failed deal with Warner Bros Discovery. The company on Thursday surpassed first-quarter revenue and profit estimates, forecasting earnings per share for the current quarter below analysts' expectations and quarterly revenue growth that will be the slowest in a year.

Paramount Skydance Corp & Warner Bros Discovery Inc: Paramount CEO David Ellison promised movie theater owners on Thursday that the company will keep its commitment to release at least 30 films per year if regulators clear the proposed $110 billion purchase of Warner Bros Discovery. Cinema operators, however, have voiced skepticism of Ellison's vow to increase the number of films the two studios release each year and have called on regulators to block the deal. The company plans to release 15 movies this year, up from eight in 2025. All of the films will play exclusively in theaters for at least 45 days, Ellison said.

Uber Technologies Inc: Prosus has agreed to sell a 4.5% stake in Delivery Hero to Uber for about 270 million euros ($318.06 million), making the ride-hailing group the fourth-largest shareholder in the Berlin-based food-delivery group. The deal makes Uber the fourth largest Delivery Hero shareholder with a stake worth more than $600 million. "Uber's increased position is a meaningful endorsement of our platform, our strategy, and our ongoing work to deliver long-term value for all shareholders," said Delivery Hero CEO Niklas Oestberg in a statement. The acquisition comes as Uber is expanding aggressively in Europe, targeting an additional $1 billion in gross bookings over three years.

Europe / Asia

 

A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and Trump said the next meeting between the United States and Iran may take place over the weekend, adding to optimism that the Iran war could be nearing an end.

France and Britain will chair a meeting on Friday of around 40 countries aimed at signalling to the United States that some of its closest allies are ready to play a role in restoring freedom of navigation in the Strait of Hormuz once conditions allow.

Bank of Japan Governor Kazuo Ueda steered clear of signalling a rate hike was on the cards this month, instead highlighting the country's low real interest rates and robust corporate profits, heightening the chance it will hold fire at least until June.

Kering aims to launch smart glasses under the Gucci brand in partnership with Google next year, CEO Luca de Meo told Reuters, becoming potentially the first major luxury brand to enter the AI-powered eyewear sector.

Renault is betting on electric vehicles and hybrids to win over buyers in the world's third-largest car market, global CEO Francois Provost said on Thursday, as the French carmaker steps up its product push to regain market share.

Germany's Lufthansa said on Thursday that 27 aircraft belonging to its subsidiary CityLine would be permanently withdrawn from service this week amid rising jet fuel prices and costs from industrial action.

 

Silgan Holdings Inc: German medical packaging maker Gerresheimer has rejected a takeover bid from its U.S. rival Silgan, three sources familiar with the situation told Reuters. There are no longer any talks between the two companies, according to the sources.  One source said that Gerresheimer wants to focus for now on resolving its accounting problems and selling its U.S. subsidiary Centor.  Reuters reported in March that Silgan had signalled an interest in taking over Gerresheimer with a non-binding offer of 41 euros ($48.31) per share, more than double the current share price.

ECONOMIC DATA (GMT)
0900 Euro Zone Total Trade Balance SA for Feb: Prior 12.10 bln EUR

Source (but not limited to) AP, CNBC, Dow Jones, Financial Post, Financial Times, Globe & Mail, KITCO, LSEG, Thomson Reuters, Refinitiv.

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