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Stocks in play: ATCO Ltd.
Today announced that it will provide approximately $10million of staged investment for 40percent ownership in West Kitikmeot Resources Corp. (WKR). Backed by significant Inuit ownership, WKR is the sole proponent developing the Grays Bay Road and Port Project (GBRP), a critical infrastructure project consisting of a greenfield deepwater port with access to the Northwest Passage shipping corridor, a 230-kilometre all-season road leading inland, and a 6,000-foot airstrip. ATCO Ltd. shares T.ACO.X are trading down $0.18 at $65.04.
