TORONTO Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,435.98, down 120.17): Canadian Natural Resources Limited. (TSX:CNQ). Energy. Up $1.99, or 2.28 per cent, to $89.10 on 18.
CALGARY Shareholders of Pipestone Energy Corp. have voted to approve a merger with Strathcona Resources Ltd., a deal the companies say will create what will be the fifth largest oil producer in Canada.
CALGARY - Shareholders of Pipestone Energy Corp. have voted to approve a merger with Strathcona Resources Ltd., a deal the companies say will create what will be the fifth largest oil producer in Canada.
Shareholders voted in favour of a proposal which will see privately held Strathcona buy them out in an all-stock deal, creating a combined company with an initial market capitalization of $8.6-billion