Northwire Canada EditionThursday, July 16, 2026
Northwire
HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.210 +10.5% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.08 −5.3% NOBL 0.100 +0.0% SHL 0.350 −1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.210 +10.5%
M&A / Property

First Canadian Graphite sells Stallion project to Hi-View

FCI · Price

Executive Summary

  • First Canadian Graphite Inc. has entered into an agreement to dispose of its interest in the Stallion gold project in the Golden Horseshoe region of British Columbia.
  • The transaction consideration consists of $10,000 in cash and the issuance of 137,000 common shares of Hi-View Resources Inc.
  • Closing of the transaction is subject to regulatory approval.

Key Details

  • Transaction Structure: First Canadian Graphite Inc. is disposing of its interest in the Stallion gold project claims.
  • Counterparty: Hi-View Resources Inc. (listed on the Canadian Securities Exchange).
  • Consideration:
    • $10,000 cash.
    • Issuance of an aggregate of 137,000 common shares of Hi-View Resources Inc.
    • Deemed value of the shares: 30 cents per share.
  • Asset Details: The Stallion gold project is located in the Golden Horseshoe region of British Columbia.
  • Conditions: Closing is subject to regulatory approval.

Notable Quotes

  • No direct quotes from executives were included in the provided text.
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