TSX Movers: Versabank, Pan American Silver, Energy Stocks

The transcript covers the merger of Versa Bank and PwC Capital, with PwC owning 63% of Versa's shares. Pan American Silver plans a $1 billion investment in Argentina and is expanding in Mexico. Energy stocks fell due to a prolonged global oil surplus, as reported by the IEA.

What percentage of Versa Bank's outstanding common shares does PwC own?

• 50%

• 63%

• 75%

• 80%

In which country is Pan American Silver planning to invest approximately $1 billion?

• Peru

• Chile

• Argentina

• Brazil

What is the primary goal of Pan American Silver's expansion projects in Mexico?

• To increase employment

• To enhance production at lower costs

• To diversify into gold mining

• To explore new mining sites

What caused energy stocks to decline significantly before recovering some losses?

• The International Energy Agency's oil surplus forecast

• A natural disaster

• A new tax policy

• A drop in global demand for coal

According to the International Energy Agency, what is expected to happen to global oil demand growth?

• It will increase significantly

• It will remain stable

• It will slump

• It will double