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- BCSC-banned Briner pleads guilty, gets $1,000 fine
Former Vancouver lawyer John Briner has pleaded guilty to criminal charges stemming from violations of a ban the BCSC imposed in 2011. The judge sentenced him to a $1,000 fine.
- Energy Summary for Feb. 9, 2016
Parex Resources scales back drilling in Colombia. Surge Energy talks up new wells and reserves in Alberta and Saskatchewan. Madalena Energy plans to exit Canada and focus on Argentina through a roundabout sale of its Canadian assets to First Mountain.
- Diamond & Specialty Minerals Summary for Feb. 9, 2016
Lucara Diamond will auction its exceptional diamonds in April, but not its magnificent stones. DNI Metals is acquiring two companies for murky reasons. Northern Graphite and Alabama Graphite are huffing and puffing at each other.
- Shell Summary for Feb. 9, 2016
Chris Dobbin has filed a preliminary prospectus to list his first capital pool shell, Nova Leap Health. The shell is selling a $350,000 IPO at 10 cents. Owen Moore and Chris Panczuk's shell graduate, Bewhere Holdings, began trading today.
- 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.
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Stockwatch Canadian Headlines
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- Minera Alamos hopes to release Fortuna PEA in Q3 2016
Minera Alamos Inc. hopes to release a PEA on its La Fortuna project in Mexico in the third quarter of 2016. The company has begun work to identify capital equipment to prepare for the PEA.more...
- Iplayco earns $176,773 in fiscal Q1 2016
Iplayco Corp. Ltd. earned $176,773 on sales of $3.61-million in the fiscal 2016 first quarter ended Dec. 31, 2015. The company earned $220,309 on sales of $4.34-million in the same period a year earlier.more...
- Tango Mining has no material change
Tango Mining Ltd. has no had no material change in its default status report. The company hopes to file its outstanding financials by Feb. 29, 2016.more...
- Immunall Science has CTOs revoked
Immunall Science Inc. has had its CTOs revoked by the BCSC, ASC and OSC. The company has filed its outstanding financials and an amended MD&A.more...
- Cdn Int'l Pharma signs licensing LOI with Nikma
Canadian International Pharma Corp. has signed an LOI for a licensing deal with Nikma Darou Chimie. The proposed transaction will grant the company the rights to manufacture and sell 99 generic medications formulated by Nikma.more...
- Diamond Fields recovers 221.55 carats in Namibia
Diamond Fields International Ltd. has recovered 221.55 carats through marine sampling at its ML-111 concession in Namibia.more...
- Caledonia enters six-month gold price hedge
Caledonia Mining Corp. has entered into a six-month cap-and-collar hedge over 15,000 ounce of production. The company will use a collar value of $1,050 (U.S.) per ounce and a cap value of $1,080 (U.S.) per ounce.more...
- Sofame changes auditor to MNP
Sofame Technologies Inc. has changed its auditor to MNP LLP. Brunet Roy Dube is unable to complete the audit of 2014 and 2015 financials by Feb. 29, 2016, and has agreed to resign as auditor.more...
- SNC-Lavalin to hold fiscal 2015 results call March 3
SNC-Lavalin Group Inc. will hold a conference call on March 3, 2015, to discuss its financial results for fiscal 2015. The call will take place at 3 p.m. ET.more...
- Atlatsa employee Phaladi dies at Bokoni mine
Atlatsa Resources Corp.'s artisan assistant, Ramadimetja Phaladi, has died at the Bokoni mine. Topase Bhembe remains in the hospital. Investigation is continuing, and trackless equipment operations are suspended. Other mine operations remain unaffected.more...
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