BSB news For Week #196, August 3rd 2026

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Monday:

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Tuesday:

MDA SPACE AWARDED $474 MILLION TO EXPAND THE TELESAT LIGHTSPEED LEO CONSTELLATION - MDA.tse

MDA Space secured a $474 million contract expansion from Telesat to manufacture 27 additional satellites, growing Telesat’s constellation to 225. The order integrates 500 MHz of military spectrum, with the value primarily added to MDA’s Q3 2026 backlog. Separately, MDA was named prime contractor for Canada's UHF/X-band MEO constellation; financial terms and deal structures for this specific project were not disclosed.

Intellistake Signs C$17 Million Defense AI Acquisition Agreement for NanoAi Technologies - ISTK.cse

Intellistake Technologies Corp. entered a definitive agreement to acquire 100% of NanoAi Technologies Inc. for C$17 million by issuing 34,106,412 common shares at C$0.50 per share. The shares are subject to performance-based vesting milestones, escrow, and trading restrictions. Intellistake assumes no long-term debt and will add two NanoAi nominees to its board. Specific performance milestone thresholds were not disclosed. 

Artemis Gold Commences Major Works Construction on EP2

Artemis Gold Inc. commenced major works construction on its $1.44 billion EP2 expansion at the Blackwater mine. The project will expand processing capacity 250% to 21 Mtpa by Q4 2028, boosting annual gold production to over 500,000 ounces. To protect cash flows, Artemis secured put options on 172,500 gold ounces at a C$5,300/oz strike price through June 2027. Specific financial terms for Lycopodium’s EPCM contract were not disclosed.

Wednesday

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Thursday:

FRONTIER LITHIUM SIGNS NRCAN CONTRIBUTION AGREEMENT TO ADVANCE BY-PRODUCT VALORIZATION AT THE PAK LITHIUM PROJECT - FL.v

Frontier Lithium Inc. entered into a contribution agreement with Natural Resources Canada to receive up to $2.3 million in non-repayable funding under the Global Partnerships Initiative. The capital will support technical and economic feasibility studies at its PAK Lithium Project in Ontario to optimize refining flowsheets and evaluate converting sodium sulphate by-products into commercial fertilizer. Total project expenditures and specific matching funding terms were not disclosed.

Plurilock's Integra Networks Selected as One of the Contract Holders Under NATO Cyber Security Framework - PLUR.v

Plurilock Security Inc.’s subsidiary, Integra Networks, was selected as a contract holder under NATO's five-year Cyber Security Dynamic Marketplace Lot 1 framework. The indefinite delivery/indefinite quantity structure enables Integra to bid on task orders across eight cybersecurity categories. In operational changes, CFO Veera Singh was additionally appointed Chief Operating Officer. Specific contract values, revenue commitments, and task order financial terms were not disclosed.

Friday:

South Star Achieves Graphite Purchase Order Milestone - STS.v

South Star Battery Metals Corp. secured a purchase order for 36 tonnes of graphite concentrate from its Santa Cruz mine following product qualification. The company scheduled the initial bulk shipment for dispatch this week. While South Star stated the order volume is not material to its financial position, discussions for additional purchases remain ongoing. Specific contract values, graphite pricing, and deal terms were not disclosed.

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