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TMCNet:  DJ Canada Hot Stocks To Watch: Daylight, Royal Gold, 5N, Nortel -2-

[April 08, 2009]

DJ Canada Hot Stocks To Watch: Daylight, Royal Gold, 5N, Nortel -2-

Apr 08, 2009 (Dow Jones Commodities News Select via Comtex) -- Daylight Resources Trust (DAY.UN.T, C$6.52, -C$0.43, -6.2%) said it has increased its 2009 production guidance to 22,500-23,500 barrels of oil equivalent a day. It has also expanded its capital program to C$125 million to C$140 million.

Royal Gold Inc. (RGLD, $38.72, -$1.80, -4.4%) priced an offering of 6.5 million shares at $38 each.

5N Plus Inc. (VNP.T, C$5.73, -C$0.17, -2.9%) had third-quarter earnings of 11 Canadian cents a share, up from 6 Canadian cents a year earlier. Sales reached a record C$19.2 million, up from C$8.4 million.

Nokia Siemens Networks has offered to buy large pieces of Nortel Networks Corp. (NT.T, C$0.23, -C$0.02, -6.1%), people familiar with the matter told the Wall Street Journal.

(END) Dow Jones Newswires 04-08-09 0928ET

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