TSX Movers: Electrovaya, QLT, Copper Stocks

TSX Movers: Electrovaya, QLT, Copper Stocks

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Business

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The transcript discusses a significant deal for lithium-ion battery modules worth $223 million, with deliveries starting in late 2016. It also covers QLT's acquisition of a pharmaceutical company to form Novelli and Therapeutics Inc., focusing on rare diseases. Lastly, it highlights a surge in Canadian copper stocks due to China's plans to increase metal reserves.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated value of the deal between the Canadian battery manufacturer and the energy storage provider?

$100 million

$223 million

$300 million

$500 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is the delivery of lithium-ion battery modules expected to start?

Fourth quarter of 2016

Second quarter of 2016

First quarter of 2016

Third quarter of 2016

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the new company formed by QLT's acquisition?

Novelli and Therapeutics Inc.

QLT Pharmaceuticals

Rare Disease Solutions

Pharma Innovations Inc.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected cash balance of Novelli and Therapeutics Inc. when the deal closes?

$100 million

$75 million

$150 million

$50 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor contributed to the rise in Canadian copper stocks?

Decrease in global copper production

New mining technology

China's plan to boost copper reserves

Increased demand in Europe