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- Pump-and-dump accusations in Pierce mortgage case
Mortgages at the centre of a fraud case that Vancouver's Brent Pierce is pursuing may be connected to a pump-and-dump, according to a recent court filing. The mortgages are linked to share transactions and a man named Scott Gelbard, the filing states.
- Diamond & Specialty Minerals Summary for July 25, 2016
Stornoway Diamond and Peregrine Diamonds are rumoured to be interested in Snap Lake, but that seems unlikely. Noram Ventures is excited to find an old bore hole at Hades. Strategic Resources has rolled back its stock and is seeking new strategic mineral ventures.
- Gold Summary for July 25, 2016
Aton Resources has resumed drilling at Hamama in Egypt. Mandalay Resources has received encouraging assays from Costerfield in Australia. Renaissance Gold has shuffled its management and raised some cash to generate interest in its projects.
- Shell Summary for July 25, 2016
David Mitchell's sixth capital pool shell, Verdant Financial, closes its QT with Ilja Troitschanski's car lease provider, Axis Auto Finance. For Mr. Mitchell's first five shells, his record is three successes, two failures.
- Energy Summary for July 25, 2016
Husky Energy's oil spill continues to threaten drinking water in Saskatchewan, but one analyst predicts happier days ahead, especially for income investors. Tamarack Valley closes another acquisition in Alberta. Petrolia has an unsatisfying day in court.
- Diversified Royalty ex Bennett sees conviction upheld
Diversified Royalty Corp.'s former chairman, John Bennett, has lost his attempt to have his fraud conviction overturned. A New Jersey judge has upheld a jury's decision to convict him for a kickback scheme.
- Diamond & Specialty Minerals Summary for July 22, 2016
Dominion Diamond's directors are feeling some mild heat from shareholders. Clean Commodities is pursuing Athabasca gems. Spearmint Resources has two Nevada lithium plays, apparently the ones recently touted by Matica Resources.
- Gold Summary for July 22, 2016
Rosita Mining has raised $850,000 for more work at its Santa Rita stockpile play in Nicaragua. American Creek Resources and Tudor Gold are expanding their drill plan for Electrum in northwestern British Columbia. Calibre Mining plans more drilling at Siuna in Nicaragua.
- Shell Summary for July 22, 2016
Conrad Clemiss's shell, Apple Capital, has closed its acquisition of tech firm YDreams Brasil. Today it began trading as YDreams Global. Luke Norman's capital pool shell, BRS Ventures, has received conditional TSX-V approval for its B.C. gold mining QT.
- Energy Summary for July 22, 2016
A "milestone moment" for Husky Energy is clouded by news of a pipeline spill into a river. Surge Energy meets its year-end production target early. Ithaca Energy gets a nod from Moody's, and Blackbird Energy wings up after wooing investors in Toronto.
- SEC looks to ban Clozza, cites "egregious" conduct
The SEC has asked a judge to permanently ban Vancouver's Dan Clozza for the Forum National Investments Ltd. manipulation. The regulator says that his "egregious and recurrent" conduct warrants such a sanction.
- Diamond & Specialty Minerals Summary for July 21, 2016
Arctic Star Exploration has acquired a new diamond play in northwestern Saskatchewan. Lucara Diamond will please shareholders with a special dividend. Noram Ventures has promotable lithium assays from Nevada. Lithium X Energy is working on a resource estimate.
- Gold Summary for July 21, 2016
NuLegacy Gold has received the tip of its 2016 assay results from the Iceberg project in Nevada. Independence Gold has begun drilling at its Boulevard and Rosebute projects in Yukon. Alacer Gold has encouraging assays from its Copler district project in Turkey.
- Shell Summary for July 21, 2016
Ian Burns's capital pool shell, Montreux Capital, plans to acquire a Colorado medical device company for its QT. The target is called Assure Neuromonitoring and is controlled by spinal implant distributor Preston Parsons and xylitol distributor Matt Willer.
- Energy Summary for July 21, 2016
EnCana raises its 2016 guidance on the back of better-than-forecast second quarter results. Raging River raises its 2016 guidance, mulls its 2017 guidance and takes over Rock Energy. Bankers Petroleum faces another delay to its proposed takeover.
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