1. Exit Case: TELUS Corporation

Overview:

TELUS Corporation (TSX: T) Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. 

T has been a part of the ‘Growth Portfolio’ since 10^th September 2024, however, considering the fall in the share price of the stock, an ‘Exit’ is recommended from the stock at the last closing price of CAD 21.82, as on 18^th September 2025.

1.1 Support and Resistance Summary as provided in our last published report dated 10^th September 2024.

TELUS Corporation

2. New Entry Case: Luca Mining Corp.

Overview:

Luca Mining Corp.(TSXV: LUCA) is a diversified Canadian mining company with two 100%-owned producing mines within the prolific Sierra Madre mineralized belt in Mexico which hosts numerous producing and historic mines along its trend. The Company produces gold, copper, zinc, silver and lead from these mines that each have considerable development and resource upside.

Technical Analysis: On the daily chart, LUCA experienced sideways consolidation phase for several months.  Recently, it bounced off support and candle display buyers stepping in with a close near the upper end of the daily range, which is a bullish signal. RSI (14) is at 61.40, showing bullish momentum without being overbought (over 70). The key support for stock is at CAD 1.57, while the critical resistance level is at CAD 2.1.

Considering the above mentioned factors, technical analysis, support & resistance levels, an ‘Entry’ is recommended in the ‘Growth Portfolio’ at the closing market price of CAD 1.81, as on 18^th September 2025.

2.1 Support and Resistance Summary (as on 18^th September 2025)

2.2 Luca Mining Corp.

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of 18^th September 2025). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.