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Goldcorp, Superior Plus, Western Coal: Canadian Equity Preview

Nov. 18 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading.

Amaya Gaming Group Inc. (AYA CV): The maker of hardware and software for casinos plans to sell at least 3.4 million shares at C$3 a share, according to a press release distributed by CNW Group Ltd. Amaya shares rose 0.3 percent to C$3.15 before the announcement.

Goldcorp Inc. (G CT): The world’s second-largest gold producer by market value had its rating raised to “sector outperform” from “sector perform” by David Christie, an analyst at Bank of Nova Scotia.

Mercator Minerals Ltd. (ML CT): The copper and molybdenum producer restated its third-quarter earnings, reducing its reported net income by 67 percent, due to what it called a “clerical and accounting error.”

Superior Plus Corp. (SPB CT): The propane distributor was scheduled to make presentations to investors beginning at 8 a.m. in Toronto.

Tanzanian Royalty Exploration Corp. (TNX CT): The company, which explores for gold in Africa, said it will sell more than 2.5 million shares at C$5.874 a share in a private placement. Tanzanian Royalty shares closed unchanged at C$6.81 before the announcement.

Western Coal Corp. (WTN CT): The coal producer with operations in Canada and the U.S. received an C$11.50 cash-and-stock takeover offer from Walter Energy Inc. of Tampa, Florida. Western Coal shares advanced 5.6 percent to C$7.38 yesterday.

To contact the reporter on this story; Matt Walcoff in Toronto at mwalcoff1@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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