Tags » GMP Securities LP

CI Financial, PrairieSky deals means a lot of gravy for underwriters

The past couple of weeks have been manna from heaven for the country’s investment dealers with three large equity financings: the $2.6-billion secondary offering by Scotiabank of the bulk of its stake in CI Financial; the $1.67-billion initial public offering by PrairieSky Royalty and the $1.25-billion offering of three classes of shares by Element Financial. 145 more words

FP Street

Knight Therapeutics upsizes offering to $180-million

It’s been quite the journey for shareholders of Knight Therapeutics, a company that emerged this month as a result of the $1.7-billion purchase of Montreal-based Paladin Labs by U.S. 523 more words

FP Street

Klondex gets Midas touch with acquisition of mine and mill

For Klondex Mines, the hope is that the next three years will be a little less eventful than the previous three when proxy fights, management changes and a falling share price, seemed to be the order of the day. 513 more words

FP Street

A closer look at Barrick Gold Corp's US$3-billion equity financing

This is not the way in which corporates are meant to finance themselves but if nothing else, the after-market announcement by Barrick Gold Corp. showed that companies that have a lot of debt need to raise equity — irrespective of the price it can extract for ownership rights. 200 more words

FP Street

GMP to donate all June 26 trading commissions to Canadian Red Cross Alberta Flood Fund

GMP Securities LP, the wholesale arm of publicly-listed GMP Capital, is first out of the gate with a plan support flood relief efforts in Alberta. 109 more words

FP Street

GMP Securities senior staff Hawkins, Ham depart from firm

Two senior staffers have defected from GMP Securities LP, the securities unit of publicly listed GMP Capital Inc.

Mark Hawkins, whose title was vice-chairman, institutional trading, and Derek Ham, a managing director institutional equity sales have both departed. 47 more words

FP Street

GMP trims staff, cuts costs to weather tough times for independent dealers

GMP Capital Inc., one of Canada’s largest independent investment dealers, shed staff Tuesday in an effort to reduce costs and weather difficult conditions for dealers that are not housed within big banks. 152 more words

FP Street