Enbridge, Holloway, Katanga, Talisman: Canadian Equity Preview

The following is a list of companies whose shares may have unusual price changes in Canadian markets. The preview includes news that broke after markets closed. Stock symbols are in parentheses after company names and prices are from the last close.

The Standard & Poor's/TSX Composite Index fell 8.66, or 0.1 percent, to 14,363.88.

Enbridge Inc. (ENB CN): The owner of Canada's biggest pipeline said it agreed with Fort Hills Energy LP to develop pipeline and terminal facilities for the Fort Hills oil-sands project, at an estimated cost of C$2 billion ($2.1 billion). The shares fell 55 cents, or 1.3 percent, to C$40.41.

Holloway Lodging Real Estate Investment Trust (HLR-U CN): Royal Host Real Estate Investment Trust (RYL-U CN), the owner and manager of Travelodge and Thriftlodge hotels, said it acquired an additional 3.27 million units of Holloway, another hotel property owner. The purchase took Royal Host's stake in Holloway to 5.12 million units, or 13.2 percent of outstanding shares, Royal Host said in a statement carried on Marketwire.

Holloway gained 10 cents, or 2.4 percent, to C$4.35, while Royal Host added 4 cents, or 0.6 percent, to C$6.98.

Katanga Mining Ltd. (KAT CN): The company restarting the Democratic Republic of the Congo's biggest underground copper mine said in a statement distributed by Market Wire that shareholders approved a tripling in its issued share capital to 300 million. The shares fell C$1.20, or 8.2 percent, to C$13.49.

Talisman Energy Inc. (TLM CN): Chief Executive Officer John Manzoni put on hold the possible sale of natural-gas transporting and processing assets because of the Alberta government's decision to raise energy royalty rates. The shares gained 35 cents, or 1.8 percent, to C$20.40.
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