Stockwatch Street Wires - Subscribe by Email
- 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.
Click here for more Street Wires.
Stockwatch Canadian Headlines
Display Canadian headlines first
- ARC Resources' 2015 NI 51-101 reserves at 687 MMboe P+P
ARC Resources Ltd. has increased its 2015 NI 51-101 reserves to 687 million barrels of oil equivalent. These are proven plus probable reserves.more...
- Nevada Sunrise arranges $198,000 private placement
Nevada Sunrise Gold Corp. has arranged a $198,000 private placement of 1.1 million units at 18 cents each. It will use the proceeds for exploration and working capital.more...
- Lornex Capital continues into B.C., plans name change
Lornex Capital Inc. is planning to change its name to Norsemont Capital Inc. on Feb. 15, 2016. The company is continuing under the British Columbia Corporations Act.more...
- CI Financial to take $10.75M blow to 2015 results
CI Financial Corp.'s 2015 financial results will include a $10.75-million charge for the remediation of an administrative error. The charge includes a voluntary payment to the OSC in a settlement agreement reached on Feb. 10.more...
- Mullen Group earns $13.36-million in 2015
Mullen Group Ltd. earned $13.36-million on revenue of $1.21-billion in the year ended Dec. 31, 2015. The company earned $94.63-million on revenue of $1.42-billion in the year ended Dec. 31, 2014.more...
- Mangazeya produces 33.9 koz Au in 2015
Mangazeya Mining Ltd. produced 33,900 ounces of gold in 2015, compared with 11,100 ounces in 2014. In the fourth quarter of 2015, it produced 12,900 ounces, up from 3,800 a year earlier.more...
- CGX Energy director Cullen resigns
CGX Energy Inc. director John Cullen has resigned to pursue other opportunities.more...
- Agnico Eagle earns $24.58-million (U.S.) in 2015
Agnico Eagle Mines Ltd. earned $24.58-million (U.S.) on revenue of $1.98-billion (U.S.) in 2015. It earned $82.97-million (U.S.) on revenue of $1.89-billion (U.S.) in 2014.more...
- Melcor REIT to release, discuss 2015 results March 11
Melcor Real Estate Investment Trust will release its 2015 financial results prior to the open on March 11. It will hold a conference call the same day at 11 a.m. ET to discuss the results.more...
- Range Energy arranges $5-million financing
Range Energy Resources Inc. has arranged a private placement of 142,857,142 units at 3.5 cents for $5-million. The company will use the proceeds for the Khalakan block development and for working capital.more...
Click here for more headlines.