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SOPerior Fertilizer Corp. (SOP.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.06000.0000 (0.00%)
At close: 3:59PM EST
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Previous Close0.0600
Open0.0500
Bid0.0450 x 0
Ask0.0600 x 0
Day's Range0.0450 - 0.0600
52 Week Range0.0200 - 0.0800
Volume10,405,581
Avg. Volume1,755,367
Market Cap15.052M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateNov. 04, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • The Canadian Press

    Most actively traded companies on the Toronto Stock Exchange

    TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (18,384.27, up 110.20 points.) The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Up 1.5 cents, or 4.92 per cent, to 32 cents on 22.7 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Down nine cents, or 0.36 per cent, to $24.91 on 22.2 million shares. Enbridge Inc. (TSX:ENB). Energy. Down one cent, or 0.02 per cent, to $43.70 on 14.9 million shares. Nevada Copper Corp. (TSX:NCU). Materials. Up 3.5 cents, or 17.5 per cent, to 23.5 cents on 13.9 million shares. SOPerior Fertilizer Corp. (TSX:SOP). Materials. Unchanged at six cents on 10.4 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 16 cents, or 0.67 per cent, to $23.94 on 9.6 million shares. Companies in the news: Inter Pipeline Ltd. (TSX:IPL). Up 41 cents or 2.3 per cent to $17.91. The CEO of Inter Pipeline Ltd. says the Calgary-based company's review of strategic alternatives announced Thursday could include the sale of its $4-billion Heartland Petrochemical Complex under construction near Edmonton and expected to open in early 2022. Christian Bayle said Friday the sale of the complex is possible and that a broad range of options are being considered when analysts asked for more possibilities. The review is in response to an offer by Inter's largest shareholder, Brookfield Infrastructure Partners LP, to buy the rest of the company for $16.50 per share, a price that values Inter at about $7.1 billion. TC Energy Corp. (TSX:TRP). Down 71 cents or 1.2 per cent to $56.39. TC Energy Corp. says it is gradually bringing back workers on its Coastal GasLink pipeline project in B.C. after health authorities approved its plan to deal with risks of the COVID-19 pandemic. The workforce fell from almost 3,700 people to fewer than 600 and pipeline construction ground to a near halt in January after an order was issued restricting worker numbers at industrial projects in the Northern Health Authority region of B.C. to control the pandemic. On Thursday, TC Energy CEO Francois Poirier warned that the $6.6-billion estimated cost of the conduit to bring natural gas from northeastern B.C. to the Canada LNG export terminal on the coast would rise and completion would likely be delayed because of the measures. Magna International Inc. (TSX:MG). Up $9.42 or 9.8 per cent to $105.12. Shares of Magna International Inc. rose after executives said the auto parts maker can grow despite a computer chip shortage plaguing the auto industry. This year's semiconductor shortage has led several auto companies, such as Stellantis and General Motors, to idle Canadian plants for periods of January or February. It comes on the heels of other recent assembly line stoppages in North America, after 2020's COVID-19 pandemic shut down production last year, and union workers' strike in the U.S. in 2019. While CEO Seetarama Kotagiri sidestepped a question directly about making a car for Apple, he noted that electric vehicle company Fisker is not the only upstart on Magna's radar. Chorus Aviation Inc. (TSX:CHR). Down one cent to $3.73. Chorus Aviation Inc. says an acquisition proposal from an unnamed bidder that it received last fall is no longer being considered, but that it remains in talks regarding a potential investment. The aviation company said in October that it had received a preliminary, non-binding acquisition proposal that was subject to a number of significant conditions. The comments came as Chorus reported a fourth-quarter profit of $9.2 million, down from $36.6 million a year earlier, as travel restrictions due to the pandemic hurt demand. Operating revenue totalled $218.2 million, down from $338.6 million. CGI Inc. (TSX:GIB.A). Down $1.53 or 1.6 per cent to $96.54. CGI Inc. has signed a deal to buy back and cancel 4.2 million of its class-A subordinate voting shares from the Caisse de depot et placement du Quebec for $400 million. The technology consulting company says it will pay $95.13 per share, a slight discount to where the shares closed on the Toronto Stock Exchange on Thursday at $98.07. CGI says the transaction will be made in connection with a periodic portfolio rebalancing by the Caisse. The Quebec pension fund manager will continue to hold 27.2 million class-A shares, representing a 10.9 per cent stake in the company. This report by The Canadian Press was first published Feb. 19, 2021. The Canadian Press

  • SOPerior Moves to NEX on TSX Venture Exchange
    GlobeNewswire

    SOPerior Moves to NEX on TSX Venture Exchange

    Not for distribution to the U.S. newswire or for dissemination in the United States TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (“SOP” or the “Company”) (TSX:SOP) announces that effective February 22, 2021, the Company’s shares will begin trading on the NEX Board (“NEX”) of the TSX Venture Exchange (“the Exchange”) under the symbol SOP.H. The Company will delist from trading on the Toronto Stock Exchange effective at the close on February 19, 2021. The Company no longer meets Toronto Stock Exchange minimum listing requirements and also does not meet the requirements of a TSX Venture Tier 2 company.The Company remains in good standing under the applicable corporate law and is a reporting issuer not in default under the applicable Securities Laws. On Behalf of the Board of Directors SOPERIOR FERTILIZER CORP. “Andrew Squires”Chief Executive Officer Contact Information E-mail inquiries: info@SOPfertilizer.comP: (403) 850-0422 NEITHER THE TORONTO STOCK EXCHANGE, NEX OR THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that term is defined in policies of the TSX Venture Exchange) ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

  • GlobeNewswire

    SOPerior Provides Update Regarding Proposed Joint Venture

    TORONTO, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Further to its press release of August 24, 2020, SOPerior Fertilizer Corp. (the “Company”) (TSX:SOP) provides the following update in respect to its announcement that the Company had entered into a letter of intent (“LOI”) with an arm’s length party (the “Counter-Party”) to form a joint venture (“Joint Venture”). The Joint Venture relates to (a) commercially developing and exploiting the Company’s massive Alunite interests located on SOP’s Blawn Mountain Mining Lease (specifically Mining Lease 51983-03A) (the “Lease”) located in Utah, (b) completing the financing and construction of an alunite ore processing plant (the “Plant”) which is to be situated on an existing processing plant facility located in the vicinity of SOP’s Blawn Mountain leased ground, and (c) the ultimate processing of ore into its primary offtakes of alumina, potassium sulphate fertilizer and sulphuric acid (herein, the “Project”).The LOI provided that the parties were to finalize the definitive JV agreement (and ancillary agreements) prior to September 30, 2020.While the form and all key terms of the JV agreement itself has been settled, the original deadline has proved over ambitious given our current business environment.The Counter-Party has expressed a strong commitment to complete the JV which is an integral part of a larger transaction that the Counter-Party is advancing in the region and has stated it sees no impediment to closing the JV in short order other than parties requiring additional time to complete contract due diligence on other parts of the larger transaction.About the CompanyThe Company’s Blawn Mountain Mining Lease comprises over 15,400 acres in the mining friendly state of Utah. The ore to be mined using simple surface mining operations is alunite which is composed of alumina, potassium and sulphur. The processing of alunite yields three valuable products – alumina, “SOP” (potassium sulphate fertilizer) and sulphuric acid. For every ton of SOP produced, approximately 2 tons of alumina and 2.15 tons of sulphuric acid are co-produced. Having three valuable commodities produced from processing one ore results in higher revenues and lower in class supply costs with the sharing of CAPEX and OPEX. The project is permitted to produce up to 645,000 tpy (tons per year) SOP, 1.29MM tpy alumina and 1.4MM tpy sulphuric acid.The Company’s 2017 Pre-Feasibility Study reports National Instrument 43-101 proven & probable mineral resources of 426 million tons and 153.3 million tons of proven & probable mineral reserves from two explored areas of the Lease. This excludes potential resource additions from two unexplored areas within the Lease that show surface indications of alunite. This represents over 100 years of potential project reserve life even at production rates in excess of 250,000 tpy SOP.Potassium sulphate fertilizer (SOP) is a premium type of potash fertilizer that is the preferred potassium source for high value crops such as nuts, citrus, fruits, berries, greenhouse operations as it enhances taste, appearance and shelf life. It trades at a premium to potassium chloride (typical potash) and its utilization is steadily increasing globally. The Project is ideally located with mainline rail access to supply key markets such as California as well as export market ports.The Blawn Mountain Alunite deposit represents the largest known potential nonbauxite source of alumina in the US (1). It was discovered in the 1970’s in a search for nonbauxite sources for aluminum production as the US has negligible bauxite reserves and has near-total dependence on imported bauxite and alumina in primary aluminum production.The sulphuric acid production from the project is anticipated to replace the need for imports and is slated to be used onsite in the processing of other valuable mineral deposits.The Company recognizes the potential for Blawn Mountain with its size, multiple valuable production outputs and economics. The proposed Joint Venture, which will bring together project management, operational experience and supported by substantial financial commitments, represents a significant step towards unlocking the potential of Blawn Mountain and moving it towards large scale production.(1) World Nonbauxite Aluminum Resources - Alunite , Robert B Hall, Geological Survey Professional Paper 1076A.Forward-Looking StatementsThis news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Although SOPerior Fertilizer Corp. believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because SOPerior Fertilizer Corp. can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the Company’s actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to access to capital markets, market forces, competition from new and existing companies and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. The Company undertakes no obligation to update publicly or revise any forward looking information, whether as a result of new information, future events or otherwise, except as required by law.NEITHER THE TORONTO STOCK EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.On Behalf of the Board of DirectorsSOPERIOR FERTILIZER CORP.“R. Bruce Duncan” Executive Chairman and DirectorContact Information E-mail inquiries: info@SOPfertilizer.com  P: (416) 362-8640 www.SOPfertilizer.comFORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).