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- Gold Summary for Feb. 9, 2016
Sirios Resources has visible gold in a new area at Cheechoo. Savary Gold and Sarama Resources have 25 new gold areas at Karankasso. Platinum Group Metals has produced its first concentrate at its new Maseve mine in South Africa.
- Verde sues over on-line accusations
Verde Potash PLC has sued a pair of Stockhouse users who called the company a "huge fraud." Messages by the users falsely implied that Verde was a scam designed to enrich its CEO, the company says.
- Shell Summary for Feb. 8, 2016
Ray Strafehl's capital pool shell, Redline Resources, is acquiring Thunder Bay Ni-Cu property owner Tyko Resources for its QT. Lawyer Harley Sinclair's shell-packaging record now stands at zero successes, two failures.
- Diamond & Specialty Minerals Summary for Feb. 8, 2016
Cypress Development is chasing Nevada lithium. Elcora Advanced Minerals is touting graphene and specialty graphite uses for its Ragedara graphite mine in Sri Lanka. Wealth Minerals sees potential riches in Chilean lithium. CKR Carbon seeks a new Aukam licence.
- Energy Summary for Feb. 8, 2016
Suncor Energy declares takeover victory at Canadian Oil Sands and wastes no time making its mark. Serinus Energy exits Ukraine to focus on Tunisian oil and Romanian gas. Tethys Petroleum teeters on the brink of losing yet another financial lifeline.
- Gold Summary for Feb. 8, 2016
Tahoe Resources plans to acquire Lake Shore Gold. Angel Gold has found high-grade gold and silver in chip samples at Porvenir in Colombia. Rosita Mining has expanded its gold, silver and copper resource in stockpiles and tailings at Santa Rita in Nicaragua.
- Diamond & Specialty Minerals Summary for Feb. 5, 2016
Proxima Diamonds, the takeover target of Adent Capital, plans winter work at Lac de Gras. Energizer Resources has raised cash for its Molo graphite promotion. Zadar Ventures wants to hunt lithium. So does Macarthur Minerals.
- Gold Summary for Feb. 5, 2016
Tanzanian Royalty Exploration declares force majeure at Buckreef in Tanzania. Continental Gold receives more high-grade assays from Buritica. Barkerville Gold Mines closes its financial transactions with Osisko Gold Royalties.
- Shell Summary for Feb. 5, 2016
Praveen Varshney's capital pool shell, Genview Capital, has received conditional TSX-V approval to acquire Hempco Canada for its QT. Before the QT can close, Hempco Canada CEO Charles Holmes must clear something up with the securities division of the FCAA of Saskatchewan.
- Energy Summary for Feb. 5, 2016
B.C.'s burgeoning LNG export industry is dealt another blow. Crescent Point will cut its dividend in half or more, predicts an analyst. Fitch Ratings predicts that a debt default at the once-mighty Pacific Exploration is "likely imminent."
- GWR loses fight over fee from $1.8-million financing
GWR Resources Inc. must pay a $55,000 finder's fee to Ronnie Birch for a $1.8-million financing, a judge has ruled. The fee is payable despite the fact that Mr. Birch was an investor relations employee.
- Diamond & Specialty Minerals Summary for Feb. 4, 2016
Honey Badger Exploration has hired an optimistic new consultant to help with its LG diamond project. Alto Ventures has bought more time at GEFA. Vanadiumcorp Resource plans to add vanadium electrolyte to its Lac Dore dream sheet.
- Gold Summary for Feb. 4, 2016
Lake Shore Gold has drilled high-grade gold at Whitney, near Timmins. Viscount Mining has found encouraging amounts of silver at Cherry Creek in Nevada. Visible Gold Mines is drilling again at its 167 project in Northern Quebec.
- Shell Summary for Feb. 4, 2016
Salim Ansari's capital pool shell, Nurcapital Corporation, has completed a $441,700 IPO at 20 cents and listed on the TSX-V. Douglas Porter's shell, North Sur Resources, has received conditional TSX-V approval to acquire ICT Holdco, the developer of Greeniosk cash machines.
- Energy Summary for Feb. 4, 2016
MEG Energy cuts its budget but leaves production, and brushes off takeover rumours. Bellatrix Exploration's major shareholder, the hedge fund Orange Capital, is shutting down amid weak performance. Raging River dreams up a 10-year "vision" for success.
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Stockwatch Canadian Headlines
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- Toromont earns $145.66-million in 2015
Toromont Industries Ltd. earned $145.66-million on revenue of $1.8-billion in 2015. This compares with earnings of $133.19-million on revenue of $1.66-billion in 2014.more...
- Equity Financial Holdings loses $2.15-million in 2015
Equity Financial Holdings Inc. lost $2.15-million on net interest income of $10.34-million in 2015. This compares with a loss of $2.91-million on net interest income of $12.85-million in 2014.more...
- Consolidated HCI loses $14,000 in Q1 fiscal 2016
Consolidated HCI Holdings Corp. lost $14,000 on revenue of $300,000 in the first quarter ended Dec. 31, 2015. This compares with earnings of $39,000 on revenue of $413,000 in the same fiscal quarter a year earlier.more...
- Sparta Capital kicking tires of green-tech's SuperNova
Sparta Capital Ltd. is mulling the acquisition of SuperNova Performance Technologies in a deal that includes SuperNova's $1.02-million debt. SuperNova is a green-tech company and owns Hydrogen Power Lizard, which apparently lowers diesel consumption.more...
- Rainmaker Entertainment holder Oakwest buys debentures
Rainmaker Entertainment Inc. investor Oakwest Corp. Ltd. acquired $483,000 of convertible debentures on Feb. 5, 2016. Oakwest now owns $1.04-million of debentures, convertible into 5.23 million shares or 23 per cent of those outstanding.more...
- Excel India to pay four-cent distribution March 15
Excel India Growth & Income Fund will pay a four-cent monthly distribution March 15. The distribution is payable to unitholders of record on Feb. 29.more...
- Canoe EIT to pay 10-cent distribution Feb. 20
Canoe EIT Income Fund will issue a 10-cent distribution to unitholders of record on Feb. 20, 2016. The distribution is payable on March 15, 2016.more...
- Iamgold's Diakha at 19.8 mt of 1.71 g/t Au inferred
Iamgold Corp. has estimated its first NI 43-101 mineral resources for its Diakha deposit in West Africa at 19.8 million tonnes of 1.71 grams per tonne gold. These are inferred resources.more...
- Cortex Business shareholders approve AGM resolutions
Cortex Business Solutions Inc. shareholders elected five director nominees at the annual meeting on Jan. 27, 2016. They also approved the 2016 stock option plan and PricewaterhouseCoopers LLP as auditor.more...
- Merrex releases NI 43-101 Diakha resource estimate
Merrex Gold Inc. has released an initial NI 43-101 resource estimate for the Diakha deposit on its Siribaya project in Mali. The estimate shows indicated resources of 2.1 million t at 1.9 g/t Au.more...
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