RBC Capital Markets

Hudson’s Bay Company (TSX: HBC) is one of the fastest-growing department store retailers in the world, based on its successful formula of driving the performance of high quality stores and their all-channel offerings, unlocking the value of real estate holdings and growing through acquisitions. Founded in 1670, HBC is the oldest company in North America. With the recent completion of its acquisition of GALERIA Kaufhof Group, HBC’s portfolio today includes eight banners, in formats ranging from luxury to better department stores to off price, with more than 460 stores and 65,000 employees around the world. In North America, HBC’s leading banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue and Saks OFF 5TH, along with Find @ Lord & Taylor and Home Outfitters. In Europe, its banners include GALERIA Kaufhof, the largest department store group in Germany, Belgium’s only department store group Galeria INNO, as well as Sportarena. HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

First Capital REIT is a mixed-use urban real estate developer, owner, and operator primarily focused on grocery-anchored, open-air centers located in Canada’s populated neighborhoods. The company aims to develop vibrant communities that enhance the experiences of local businesses, consumers, and residents. Through its commitment to creating thriving neighborhoods, First Capital REIT seeks to deliver value to all stakeholders, including investors and the communities it serves.

First Capital REIT is a mixed-use urban real estate developer, owner, and operator primarily focused on grocery-anchored, open-air centers located in Canada’s populated neighborhoods. The company aims to develop vibrant communities that enhance the experiences of local businesses, consumers, and residents. Through its commitment to creating thriving neighborhoods, First Capital REIT seeks to deliver value to all stakeholders, including investors and the communities it serves.

Keyera Corp. is a midstream energy company based in Alberta, primarily engaged in the oil and gas sector. It operates through two main business units: Gathering and Processing, and Liquids. The Gathering and Processing unit focuses on the collection and processing of raw natural gas, utilizing a network of over 4,000 kilometers of pipelines and numerous active gas plants to remove waste and separate valuable components. The Liquids unit encompasses two segments: NGL Infrastructure, which includes facilities for processing, fractionation, storage, and transportation of natural gas liquids, and Marketing, which involves the sale of products such as propane, butane, iso-octane, and crude oil. Keyera plays a crucial role in the midstream operations, facilitating the transition of energy products from upstream production to downstream markets.

Morguard is a real estate company that focuses on acquiring, owning, and developing properties primarily in Canada and the United States. It operates through three main divisions: multi-suite residential, retail, and office, with the majority of its revenue stemming from the multi-suite residential segment. In addition to property ownership, Morguard provides a range of real estate services, including leasing for hotels, offices, industrial spaces, apartments, and retail establishments. The company also offers real estate management and property investment advisory services, positioning itself as a comprehensive player in the real estate market.

Manulife Financial Corporation is a leading Canadian financial services company, established in 1887, with a significant global presence in Asia, Canada, and the United States. It offers a wide range of financial protection and wealth management solutions, serving millions of customers through its diverse product offerings, which include personal, commercial, corporate, and investment banking services. The company operates with a large network of over 84,000 employees and agents, focusing on helping clients navigate their financial decisions. Manulife also has specialized investment arms, including Manulife Capital, which provides equity and debt capital to mid-market companies, and Manulife Real Estate, which focuses on real estate investments. With a commitment to innovation and customer service, Manulife has established a strong foothold in the financial markets, particularly in Asia, where it has built lasting relationships and expanded its distribution capabilities through numerous partnerships.

Corus Entertainment is a prominent integrated media and entertainment company based in Canada, founded by JR Shaw. Originally part of Shaw Communications, Corus became a separate publicly-traded entity in 1999. The company has expanded significantly through strategic acquisitions, establishing a diverse portfolio that includes television and radio segments. Its television segment, which features a variety of channels, serves as the primary revenue driver, while the radio segment operates numerous stations focused on music, news, and talk radio. Corus generates most of its revenue within Canada, positioning itself as a key player in the country's media landscape.

HLM is a specialized mining exploration company actively engaged in the acquisition, exploration and development of hard rock, high grade, multi-element and rare metal resource properties. HLM maintains a particular focus on lithium (Li), and tantalum (Ta), rubidium (Rb) and cesium (Cs) by its world class expertise and experience exploring for LCT classified pegmatites. HLM’s goal is to become a fully integrated lithium and tantalum producer by targeting the growth as a result of the shift towards electric/hybrid vehicles and high quality consumer electronics through the development of the PAK Lithium Project in Ontario, Canada. HLM is actively exploring its 100% owned and optioned PAK Lithium Project where recently a Phase III, 1,600m, 8-hole diamond drill program was completed intersecting wide pegmatite zones containing high-grade lithium and tantalum with possible byproduct potential for rubidium and cesium on the Pakeagama Lake pegmatite in northwestern Ontario, Canada. HLM has also commenced the next phase of determining the potential for commercializing the PAK deposit by bulk sampling the lithium zone of the pegmatite. The preparation of the 300t (approx.) bulk sample will be completed by the end of March 2015. The objectives are to evaluate production of spodumene-bearing product as a precursor to potential commercial scale spodumene concentrate production, to test the suitability of the product for direct use as a replacement for lithium mineral concentrates, test blasting parameters and mining logistics with existing haulage infrastructure. The scope of a future Pre-feasibility Study will be shaped by the results of this phase of testing.

Loblaw Companies Limited is a leading Canadian retailer specializing in food and pharmacy products, health and beauty items, apparel, general merchandise, and financial services. It operates approximately 2,500 stores, including corporate and franchise-owned grocery and pharmacy locations, with major banners such as Loblaw, No Frills, and Maxi, as well as Shoppers Drug Mart pharmacies. The company is known for its commitment to providing fresh, high-quality, and locally sourced products at competitive prices. Loblaw also offers private-label products under the President's Choice and no name brands. In addition to its retail operations, the company provides a range of financial services, including credit cards, the PC Optimum loyalty program, insurance brokerage, and telecommunication services. Founded in 1919 and headquartered in Brampton, Canada, Loblaw is a subsidiary of George Weston Limited, which holds a controlling interest in the company.

Chemtrade Logistics Income Fund is a prominent provider of industrial chemicals and services across Canada, the United States, and South America. The company operates through three main segments: Sulphur Products and Performance Chemicals, Water Solutions and Specialty Chemicals, and Electrochemicals. In the Sulphur Products and Performance Chemicals segment, Chemtrade specializes in producing and processing various forms of sulphuric acid and related products, while also offering industrial services for by-products and waste streams. The Water Solutions and Specialty Chemicals segment focuses on manufacturing inorganic coagulants for water treatment and a variety of specialty chemicals. The Electrochemicals segment produces sodium chlorate and chlor-alkali products, serving key industries such as pulp and paper, oil and gas, and water treatment. Chemtrade is recognized as one of the largest suppliers of sulphuric acid and a leading North American processor of spent acid, with a comprehensive distribution network supported by its production facilities and long-term marketing agreements. Established in 2001, the company is headquartered in Toronto, Canada.

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia with approximately $10 billion in assets and 2014 revenues of $2.97 billion. The company invests in electricity generation, transmission and distribution, as well as gas transmission and utility energy services. Emera's strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of that clean energy to market. Emera has investments throughout northeastern North America, and in four Caribbean countries. Emera continues to target having 75-85 percent of its adjusted earnings come from rate-regulated businesses. Emera common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F

Sabina Gold & Silver Corp. is a mining company based in Vancouver, Canada, focused on the exploration and development of precious metal resources, primarily gold. The company's main assets include the Back River gold project, which encompasses several properties such as Goose, George, Boulder, and Boot, along with a port facility at Bathurst Inlet in southwestern Nunavut. Additionally, Sabina holds a silver royalty on the Hackett River project, which spans over 10,600 hectares in Nunavut. Established in 1966, the company aims to become a significant gold producer through the phased development of its projects in politically stable mining regions.

Marathon Gold Corporation is a Canadian company focused on the acquisition, exploration, and development of mineral resource projects, primarily targeting gold and other precious and base metals. Established in 2009 and headquartered in Toronto, the company’s flagship asset is the Valentine Lake gold property located in Newfoundland and Labrador. This project encompasses a series of four mineralized deposits along a 20-kilometer system, highlighting its potential for significant mineral resources.

Chorus Aviation Inc. is a Canadian airline company that operates scheduled passenger services under the Air Canada Express brand, providing approximately 690 daily departures to 59 destinations within Canada and 28 destinations in the United States. In addition to passenger services, the company offers charter flights and specialized contract flying, including medical, logistical, and humanitarian missions primarily for government entities and international non-governmental organizations. Chorus Aviation is also involved in aircraft leasing and maintenance, repair, and overhaul services, which encompass parts sales and technical support. Originally known as Jazz Air Income Fund, the company rebranded as Chorus Aviation Inc. in January 2011 and was incorporated in 2010. Its headquarters are located in Dartmouth, Canada.

Lumina Gold Corp. is a Canadian exploration company based in Vancouver, focused on the acquisition, exploration, evaluation, and development of precious and base metals, primarily gold and copper, in Ecuador. Its main project is the Cangrejos project, which encompasses 10 mineral concessions covering approximately 6,373 hectares in El Oro Province, southwest Ecuador. This project is currently progressing towards a Pre-Feasibility Study and is recognized as the primary gold deposit in the country. Founded in 1988, Lumina Gold has established a management team with a strong track record in advancing and monetizing exploration projects. The company's operations are centered exclusively on the mineral properties located in Ecuador.

Marathon Gold Corporation is a Canadian company focused on the acquisition, exploration, and development of mineral resource projects, primarily targeting gold and other precious and base metals. Established in 2009 and headquartered in Toronto, the company’s flagship asset is the Valentine Lake gold property located in Newfoundland and Labrador. This project encompasses a series of four mineralized deposits along a 20-kilometer system, highlighting its potential for significant mineral resources.

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia with approximately $10 billion in assets and 2014 revenues of $2.97 billion. The company invests in electricity generation, transmission and distribution, as well as gas transmission and utility energy services. Emera's strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of that clean energy to market. Emera has investments throughout northeastern North America, and in four Caribbean countries. Emera continues to target having 75-85 percent of its adjusted earnings come from rate-regulated businesses. Emera common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F

Chorus Aviation Inc. is a Canadian airline company that operates scheduled passenger services under the Air Canada Express brand, providing approximately 690 daily departures to 59 destinations within Canada and 28 destinations in the United States. In addition to passenger services, the company offers charter flights and specialized contract flying, including medical, logistical, and humanitarian missions primarily for government entities and international non-governmental organizations. Chorus Aviation is also involved in aircraft leasing and maintenance, repair, and overhaul services, which encompass parts sales and technical support. Originally known as Jazz Air Income Fund, the company rebranded as Chorus Aviation Inc. in January 2011 and was incorporated in 2010. Its headquarters are located in Dartmouth, Canada.

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia with approximately $10 billion in assets and 2014 revenues of $2.97 billion. The company invests in electricity generation, transmission and distribution, as well as gas transmission and utility energy services. Emera's strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of that clean energy to market. Emera has investments throughout northeastern North America, and in four Caribbean countries. Emera continues to target having 75-85 percent of its adjusted earnings come from rate-regulated businesses. Emera common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F

Skeena Resources is a junior Canadian mining exploration company focused on developing prospective precious metal properties in the Golden Triangle of northwest British Columbia, Canada. The company’s primary activities are the exploration and development of the past-producing Eskay Creek mine, which contains a combined Indicated and Inferred 4Moz, 4.4 g/t gold-equivalent open-pit resource. It recently completed a Preliminary Economic Assessment (PEA) on Eskay Creek which highlights an after-tax NPV5% of C$638M, 51% IRR and a 1.2-year payback. Skeena is also exploring the past-producing Snip gold mine.

Tricon Residential is a rental housing company that focuses on providing quality rental experiences for middle-market residents in the United States and Canada. Founded in 1988 and headquartered in Toronto, Ontario, Tricon owns and manages approximately 37,000 single-family and multi-family rental homes. The company operates primarily in the U.S. Sun Belt, with significant activities in Orange County, California, and around 20 other markets. Utilizing an integrated, technology-enabled operating platform, Tricon aims to enhance the living experience for its residents, fostering longer rental periods and encouraging residents to care for the properties as their own. This commitment to quality service not only benefits the residents but also contributes positively to the local communities where Tricon operates. Through its focus on exceptional service and community engagement, Tricon seeks to establish itself as a leading rental housing company in North America.

Tricon Residential is a rental housing company that focuses on providing quality rental experiences for middle-market residents in the United States and Canada. Founded in 1988 and headquartered in Toronto, Ontario, Tricon owns and manages approximately 37,000 single-family and multi-family rental homes. The company operates primarily in the U.S. Sun Belt, with significant activities in Orange County, California, and around 20 other markets. Utilizing an integrated, technology-enabled operating platform, Tricon aims to enhance the living experience for its residents, fostering longer rental periods and encouraging residents to care for the properties as their own. This commitment to quality service not only benefits the residents but also contributes positively to the local communities where Tricon operates. Through its focus on exceptional service and community engagement, Tricon seeks to establish itself as a leading rental housing company in North America.

Checkfront, Inc. is a cloud-based booking management and e-commerce platform designed for tour providers, accommodation managers, and rental businesses globally. Founded in 2008 and headquartered in Victoria, Canada, with an additional office in Vancouver, Checkfront serves over 45,000 customers across 120 countries. The platform enables users to efficiently manage various aspects of their operations, including activities, tours, accommodations, events, and rentals, while also facilitating reservations and customer tracking. Operating on a Software as a Service model, Checkfront offers a fully managed solution that includes automated updates, backups, and robust security, ensuring high-speed and reliable service for its clients.

Guyana Goldfields Inc. is a Canadian company dedicated to the exploration and production of gold, primarily within the Guiana Shield in South America. Incorporated in 1994 and based in Toronto, the company has been active in Guyana since 1996, focusing on the exploration and development of gold deposits. Its key asset is the Aurora Gold Mine, along with advanced exploration projects in various stages of development. The company aims to maintain a strong presence in the Aurora and Aranka Properties, where it continually engages in exploration and development activities. As of August 2020, Guyana Goldfields operates as a subsidiary of Zijin Mining Group Company Limited.

Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in the acquisition, exploration, development, mining and processing of precious metals.

Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River-Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.

Versature Corp. is a Canadian company that specializes in providing hosted PBX phone services to small and medium enterprises. Founded in 2003 and based in Ottawa, Versature offers a range of voice-over-IP business telephony solutions, including desktop phones, conference phones, cordless phones, softphones, and headsets. The company caters to diverse clients, from small two-person shops to larger call centers, and has developed a strong and growing subscriber base across the country. Versature is known for its cost-effective technology and Canadian-based support, positioning itself as a key player in the Canadian telecom industry. As of September 2018, it operates as a subsidiary of Net2Phone, Inc., further expanding its reach and capabilities in cloud-based communication solutions.

Liminal BioSciences Inc. is a clinical-stage biopharmaceutical company that specializes in the discovery, development, and commercialization of innovative treatments for patients with unmet medical needs, particularly focusing on rare and orphan diseases. The company operates through two main segments: Small Molecule Therapeutics and Plasma Derived Therapeutics. Its lead product candidate, fezagepras, targets idiopathic pulmonary fibrosis, respiratory diseases, and Alström Syndrome. In the Plasma Derived Therapeutics segment, Liminal BioSciences offers a Plasma Protein Purification System for extracting and purifying therapeutic proteins from human plasma and is developing Ryplazim for congenital plasminogen deficiency. Founded in 1992 and headquartered in Laval, Quebec, the company has a presence in Canada, the United Kingdom, and the United States. It was previously known as Prometic Life Sciences Inc. before rebranding in October 2019.

Tamarack Valley Energy is an oil and gas company involved in the identification, evaluation and operation of resource plays in the Western Canadian sedimentary basin. The Company uses a rigorous, proven modeling process to carefully manage risk and identify growth opportunities. Tamarack's diversified suite of oil-focused assets provides exposure to the high impact Cardium light oil resource plays in Lochend, Garrington/Harmattan and Buck Lake in Alberta, low cost Viking light oil resource plays in Redwater, Foley Lake and Westlock in Alberta and highly economic heavy oil opportunities southeast of Lloydminster in Saskatchewan.

Tricon Residential is a rental housing company that focuses on providing quality rental experiences for middle-market residents in the United States and Canada. Founded in 1988 and headquartered in Toronto, Ontario, Tricon owns and manages approximately 37,000 single-family and multi-family rental homes. The company operates primarily in the U.S. Sun Belt, with significant activities in Orange County, California, and around 20 other markets. Utilizing an integrated, technology-enabled operating platform, Tricon aims to enhance the living experience for its residents, fostering longer rental periods and encouraging residents to care for the properties as their own. This commitment to quality service not only benefits the residents but also contributes positively to the local communities where Tricon operates. Through its focus on exceptional service and community engagement, Tricon seeks to establish itself as a leading rental housing company in North America.

Gear Energy Ltd., a junior oil and gas company, is engaged in the acquisition, exploration, development, and production of petroleum and natural gas properties. It has interests in oil and gas properties located in east central Alberta and west central Saskatchewan. The company is headquartered in Calgary, Canada.

Element Fleet Management is a fleet management company that specializes in providing management services and financing solutions for commercial vehicle and equipment fleets. The company operates across multiple regions, including the United States, Canada, Mexico, Australia, and New Zealand. By offering a comprehensive range of services, Element Fleet Management aims to optimize fleet operations and enhance the efficiency of its clients' transportation assets.

Detour Gold Corporation is a Canadian intermediate gold producer that operates the Detour Lake mine, a large-scale open-pit operation located in northeastern Ontario. This mine is recognized as the second largest gold-producing site in Canada and holds the largest gold reserves in the country. The Detour Lake mine spans approximately 625 square kilometers of mining claims and leases, situated about 300 kilometers northeast of Timmins. Detour Gold is focused on delivering sustainable returns through its growing cash flow, organic growth initiatives, and extensive exploration potential within its land holdings. The company prioritizes responsible mining practices, adhering to high safety and environmental standards while maintaining a strong commitment to the surrounding communities.

Seven Generations Energy Ltd. explores and develops oil and gas resources. The company focuses on developing non-conventional resource plays in Canada and the United States. Seven Generations Energy Ltd. was founded in 2008 and is based in Calgary, Canada.

NuVista Energy Ltd. is a Calgary-based company engaged in the exploration, development, and production of condensate, oil, and natural gas reserves within the Western Canadian Sedimentary Basin. The company primarily focuses on the condensate-rich Montney formation located in the Wapiti area of the Alberta Deep Basin. Established in 2003, NuVista has transformed its operations by emphasizing the development of its valuable Wapiti Montney play, which significantly contributes to its hydrocarbon production. Condensate, which constitutes nearly half of the company's sales, plays a crucial role in the heavy oil industry by enhancing the viscosity required for pipeline transportation. To support its production capabilities, NuVista operates compressor and dehydration stations, further optimizing its service assets in the region. The company has also made strides in financial management, reducing long-term debt substantially, which allows for continued investment in its core operations and growth opportunities.

Tricon Residential is a rental housing company that focuses on providing quality rental experiences for middle-market residents in the United States and Canada. Founded in 1988 and headquartered in Toronto, Ontario, Tricon owns and manages approximately 37,000 single-family and multi-family rental homes. The company operates primarily in the U.S. Sun Belt, with significant activities in Orange County, California, and around 20 other markets. Utilizing an integrated, technology-enabled operating platform, Tricon aims to enhance the living experience for its residents, fostering longer rental periods and encouraging residents to care for the properties as their own. This commitment to quality service not only benefits the residents but also contributes positively to the local communities where Tricon operates. Through its focus on exceptional service and community engagement, Tricon seeks to establish itself as a leading rental housing company in North America.

Alaris Equity Partners is a Canadian company based in Calgary, Alberta, that specializes in providing alternative financing to a diverse range of profitable private businesses across North America. Established in 2004, Alaris focuses on offering long-term equity capital to privately held companies, particularly those for whom traditional debt or private equity options may not be suitable. The company employs an innovative financing structure that enables business owners to retain long-term control while maximizing valuations and ensuring tax efficiency. Alaris primarily invests in sectors such as business services, healthcare services, industrial services, professional services, information technology services, and construction-related services. Through its unique approach, Alaris generates predictable cash flows from its Private Company Partners, offering investors an attractive and stable yield along with liquidity.

Constellation Software Inc. is a Canadian company that specializes in the development, installation, and customization of software solutions for both public and private sectors. Established in 1995 and headquartered in Toronto, the company operates through two main segments: the Public Sector, which focuses on government-related software solutions, and the Private Sector, which serves commercial customers. Constellation Software is known for acquiring and managing mission-critical vertical market software businesses, with a diverse portfolio that includes over 1,000 distinct software entities across more than 150 vertical markets worldwide. The company's operations are characterized by a decentralized management structure, allowing individual portfolio companies to maintain autonomy while receiving financial and strategic support from centralized teams.

Labrador Iron Mines is a mineral resource company focused on mining iron ore and exploring direct shipping iron ore projects in the Labrador Trough region, primarily near Schefferville, Quebec. The company's key assets include the James Mine, adjacent deposits, and the Silver Yards processing facility, along with the Houston property, which encompasses the Malcolm 1 deposit. These projects are connected to the Port of Sept-Iles by a direct railway and are supported by established infrastructure, including local transportation and power services. The Schefferville Projects consist of 20 distinct iron ore deposits, originally part of the Iron Ore Company of Canada's operations from 1954 to 1982, which are associated with significant historical reserves. Since commencing production in 2011, Labrador Iron Mines has sold 3.6 million dry tonnes of iron ore, primarily to the Chinese market. However, the company suspended operations in 2014 due to low iron ore prices and is currently focused on securing financing, restructuring debt, and preparing for future development of the Houston Mine when market conditions improve.

Oncolytics Biotech Inc. is a clinical-stage biopharmaceutical company based in Calgary, Canada, focused on developing innovative therapies for cancer treatment. Its primary product, pelareorep, is an immuno-oncology agent derived from reovirus, designed to enhance the immune system's ability to target and eliminate tumors, particularly those with an activated Ras pathway. The company has established collaboration agreements with Merck KGaA and Pfizer to explore the use of pelareorep in combination with other treatments for specific types of cancer, including hormone-receptor positive, human epidermal growth factor 2-negative metastatic breast cancer. In addition to pelareorep, Oncolytics Biotech is advancing other projects in its pipeline aimed at various cancers, including breast and gastrointestinal cancers. Founded in 1998, Oncolytics Biotech continues to seek novel approaches to address unmet medical needs in oncology.

Victoria Gold Corp. is a mining company focused on the acquisition, exploration, and development of mineral properties, primarily targeting gold deposits. Its flagship asset is the Dublin Gulch property in central Yukon, Canada, which encompasses the Eagle and Olive-Shamrock gold deposits over an area of approximately 555 square kilometers. The Eagle Gold Mine Project, located about 375 kilometers north of Whitehorse, is an open-pit, heap leach operation that exemplifies the company's commitment to gold mining. Founded in 1981 and headquartered in Toronto, Canada, Victoria Gold Corp. was formerly known as Victoria Resource Corporation before rebranding in 2008.

Detour Gold Corporation is a Canadian intermediate gold producer that operates the Detour Lake mine, a large-scale open-pit operation located in northeastern Ontario. This mine is recognized as the second largest gold-producing site in Canada and holds the largest gold reserves in the country. The Detour Lake mine spans approximately 625 square kilometers of mining claims and leases, situated about 300 kilometers northeast of Timmins. Detour Gold is focused on delivering sustainable returns through its growing cash flow, organic growth initiatives, and extensive exploration potential within its land holdings. The company prioritizes responsible mining practices, adhering to high safety and environmental standards while maintaining a strong commitment to the surrounding communities.

HighRoads, Inc. specializes in developing cloud-based benefits plan management and compliance solutions tailored for the health care market. Its flagship product, P2 Advance, is a SaaS-based enterprise solution that addresses the challenges faced by payers through comprehensive product and plan configuration, media management, and compliance document generation. The platform streamlines the entire product creation process, allowing clients to develop and launch new health care products quickly and efficiently, while ensuring accuracy and compliance with regulatory requirements. By automating many manual processes, HighRoads enables payers to reduce administrative costs and focus on innovative offerings that meet customer demands. Founded in 1999 and originally named IE-Engine, Inc., HighRoads is headquartered in Burlington, Massachusetts, with an additional office in Ottawa, Canada.

Agile Systems is a world leader in the design, development and manufacturing of advanced motion control technology including motor control and power conversion. Our team is highly skilled in integrating power electronics, digital controls and network communications into small, compact and cost effective packages. Based in Waterloo, ON, Canada, Agile Systems has established customers in a broad range of industries.