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News & Analysis » Canada

Shoreline, Avcorp, Antioquia, Northcore, Bioniche, Cadillac Ventures news briefs

September 18, 2012, Tuesday, 12:50 GMT | 07:50 EST | 16:20 IST | 18:50 SGT
Contributed by eResearch


Shoreline has declared a $0.12 per share dividend in accordance with its quarterly dividend policy. Payment date is October 16, 2012.

Avcorp has appointed Brent Collver as President of Comtek Advanced Structures Ltd., the Company’s composite manufacturing subsidiary in Burlington, Ontario. Mr. Collver was most recently Director, Strategy and Business Development, Husky Services.

Antioquia has published assay results from the last four of 13 completed holes of the 5,069-metre Phase 1 drilling at the Guayabito deposit at the Company’s flagship Cisneros project in Colombia. Highlights of the assays included: 16.0 g/t Au over 3.3 metres, including 53.1 g/t Au over 1 metre and 84 g/t Au over 0.5 metre; and 31.2 g/t Au over 1.3 metres, including 129.8 g/t over 0.3 metre.

Northcore has announced a new strategic partnership between its portfolio company, Kuklamoo.com and KnotGenie (a grooming product). The partnership is expected to expand to include other items that will be introduced under the KnotGenie banner in the near future.

Bioniche has published results for the fiscal year ended June 30, 2012. Consolidated revenues in the Animal Health division were $29.8 million in fiscal 2012, an increase of 10% over the $27.3 million of fiscal 2011. Bioniche also reported research collaboration income of $2.0 million, connected with certain reimbursements from Endo Health Solutions Inc. relating to the human bladder cancer therapy Urocidin™.

Cadillac Ventures has published assays from the complete summer 2012 drilling program on the K1-1 open pit at the Company’s Thierry project in northwestern Ontario. The 7,218-foot program was designed to deepen and widen the K1-1 pit. Highlights of the program included 225 feet of 0.48% Cu outside of the Whittle Pit shell at K1-1.