The catalyst report · Wednesday, September 23, 2026
What went up, and what took it there
The Canadian small-caps that finished green on this session: catalysts whose reaction paid, insiders sitting above what they paid, and the day’s biggest advances on real volume. Releases carry a date but no time, so each catalyst move is measured from the last close before the event through the close of the session after it — capturing the reaction whether the news broke mid-session or after the bell.
- Catalysts paid
- 10
- Tickers
- 9
- Median gain
- +6.9%
- Insiders up
- 6
Catalysts that paid
Ordered by the size of the gain, biggest first. Events that closed flat or red aren't shown.
Galway Metals Announces $14 Million Brokered Private Placement Led by Michael Gentile - ACCESS Newswire
next +15.7%
Barksdale Announces C$14.0 Million Private Placement, Appoints George Ogilvie as Chairman, Proposes David Lotan as Director Nominee, Appoints Chris Stewart as President and Chief Executive Officer and David Birch as Chief Financial Officer - TMX Newsfile
next +0.0%
Vortex Metals Upsizes Non-Brokered Private Placement to $1,400,000 Due to Investor Demand - TMX Newsfile
next +12.5%
TrustBix Inc. Announces Further Extension to Private Placement - TMX Newsfile
next -4.0%
TMX Group Closes $1.1 Billion Private Placement Debenture Offering - newsfilecorp.com
next -4.0%
SonicStrategy Announces Proposed Private Placement of up to $4,500,000 - TMX Newsfile
next -2.1%
Calculated hold expiry from: West High Yield (W.H.Y.) Resources Ltd. Announces Private Placement Offering - TMX Newsfile
next -3.2%
Calculated hold expiry from: DLP Resources Announces Closing of Brokered Offering for Gross Proceeds of C$6 Million - TMX Newsfile
next -2.6%
CanCambria Energy Announces $5.0 Million Brokered LIFE Offering to Accelerate High-Impact Shallow Oil Project, Complementing Deep Gas Strategy in Southern Hungary Amid Soaring European Energy Prices - TMX Newsfile
next -5.5%
Calculated hold expiry from: Amex Exploration Closes Fully-Subscribed C$50 Million Brokered LIFE Offering and First Tranche of Concurrent Private Placement - TMX Newsfile
next -4.0%
Winners by event type
Green outcomes only, this session. n counts the event type's winners, not its events — samples are small by nature, so read n before the median.
| Event type | n | Median gain | Best |
|---|---|---|---|
| Financing Announced | 4 | +6.9% | +19.1% |
| Calculated Hold Expiry | 3 | +2.8% | +3.4% |
| Warrant Exercise | 1 | +56.1% | +56.1% |
| Financing Closed | 1 | +9.2% | +9.2% |
| Private Placement | 1 | +12.5% | +12.5% |
Insiders in the green
Open-market buys made in the last 90 days that are now trading above the insider's share-weighted average price. Option exercises, grants and issuer buybacks are excluded — only cash purchases by people count.
2 insiders bought at an average $0.661 → last close $1.600
Medalist Capital Ltd. bought at an average $0.136 → last close $0.280
Robert Hinchcliffe bought at an average $0.547 → last close $1.030
3 insiders bought at an average $0.980 → last close $1.830
2 insiders bought at an average $0.287 → last close $0.440
2 insiders bought at an average $0.749 → last close $1.100
Volume gainers
The session's biggest advances among names that traded real money — a 40% move on $300 of volume is a print, not a market.
Coming up · next 7 days
Hold-period expiries and announced financings dated ahead. Expiries only appear once the financing behind them was already public.
| 2026-09-24+1d | SCOT.V | Financing Announced | $3.180 |
| 2026-09-24+1d | CTH.V | Financing Announced | $1.280 |
| 2026-09-24+1d | VM.V | Shares For Debt | $0.150 |
| 2026-09-24+1d | QZM.V | Warrant Exercise | $0.420 |
| 2026-09-24+1d | AZR.V | Private Placement | $0.190 |
| 2026-09-24+1d | BWLK.V | Financing Announced | $0.030 |
| 2026-09-25+2d | GGA.V | Financing Closed | $2.860 |
| 2026-09-25+2d | OMI.V | Financing Announced | $0.285 |
| 2026-09-25+2d | PWM.V | Shares For Debt | $0.450 |
| 2026-09-25+2d | FOR.V | Financing Announced | $0.920 |
| 2026-09-25+2d | BLM.V | Financing Announced | $0.930 |
| 2026-09-25+2d | TTGI.V | Financing Announced | $0.030 |
| 2026-09-25+2d | VLD.V | Financing Closed | $0.430 |
| 2026-09-26+3d | GRSL.V | Calculated Hold Expiry | $0.350 |
| 2026-09-26+3d | GSP.V | Calculated Hold Expiry | $0.150 |
| 2026-09-26+3d | MGRO.V | Calculated Hold Expiry | $0.415 |
| 2026-09-27+4d | QTWO.V | Calculated Hold Expiry | $2.390 |
| 2026-09-27+4d | MINE.V | Calculated Hold Expiry | $0.110 |
| 2026-09-27+4d | KNE.V | Calculated Hold Expiry | $0.030 |
| 2026-09-27+4d | DELX.V | Calculated Hold Expiry | $0.015 |
48 more on the catalyst calendar.
This issue reports winners only: catalysts that closed green, insiders who are up, and names that rose on the session. The events, buys and moves that went the other way are filtered out, so nothing here is a hit rate or a representative sample of how these setups usually turn out.
Information only — not investment advice, and not a recommendation to buy or sell any security. Event data is extracted automatically from public releases and may be incomplete, delayed or misattributed to the wrong issuer; verify against the company’s own filings before acting.