West Fraser Timber announces a dividend of $0.32
Dividend Announcement: West Fraser Timber (WFG) has declared a quarterly dividend of $0.32 per share, consistent with previous payouts.
Dividend Details: The dividend is payable on January 14, with shareholders of record on December 29, and the ex-dividend date also on December 29.
Dividend Consistency: This marks the seventh consecutive quarter that West Fraser has maintained a dividend of $0.32.
Financial Performance: West Fraser Timber has recently missed both top-line and bottom-line estimates in its Q3 2025 earnings but has reaffirmed its full-year outlook.
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Lux Metals increases private placement to $3.5 million
Private Placement Increase: Lux Metals has increased its private placement from 12.5 million units to 17.5 million units due to strong investor demand, aiming for total gross proceeds of up to $3.5 million.
Unit Composition: Each unit will consist of one common share and one transferable share purchase warrant, with warrants exercisable for an additional share at $0.40 each for two years.
Use of Proceeds: The funds raised will be allocated for exploration costs and general working capital.
Company Information: Additional financial information and ratings for Lux Metals Corp. can be found on Seeking Alpha.
Copper Giant increases private placement to $12 million
Private Placement Increase: Copper Giant Resources has raised the size of its non-brokered private placement from $10 million to $12 million.
Unit Details: The company plans to issue up to 30 million units at C$0.40 each, with each unit consisting of one common share and one-half of a warrant.
Warrant Terms: Each whole warrant will be exercisable at C$0.60 per share for a period of 36 months from the closing date.
Use of Proceeds: The funds raised will be used for working capital and general corporate purposes, pending approval from the TSX Venture Exchange.