Stockwatch Street Wires - Subscribe by Email
- SEC target Verdmont seeks dismissal, claims poverty
SEC target Verdmont Capital SA has asked the judge to dismiss charges stemming from a $75-million (U.S.) scheme. It says that it is nearly broke and that there is nothing to the case.
- Diamond & Specialty Minerals Summary for May 20, 2016
CanAlaska Uranium has landed De Beers as a partner on its Athabasca diamond play in northwestern Saskatchewan. Fjordland Exploration is making Athabasca an area play. Great Thunder Gold is rumbling about a lithium prospect near Whabouchi in Quebec.
- Gold Summary for May 20, 2016
Alexandria Minerals is optioning three of its Quebec gold prospects to Quinto Real Capital. Algold Resources has begun drilling four targets at its Tijirit gold project in Mauritania. Ximen Mining will unload its periphery projects to concentrate on Brett.
- Shell Summary for May 20, 2016
Chris Wolfenberg's capital pool shell, Golden Sun, will roll back 1 for 2 as part of its QT with B.C. barite explorer Voyageur Industrial. Ron Birch's NEX shell, Big Bar, has received conditional TSX-V approval for its acquisition of medical device patents from CVR Global.
- Energy Summary for May 20, 2016
An analyst says Cardinal Energy is more like a shark -- it must keep moving (in this case buying assets) to stay alive. Bellatrix Exploration files a prospectus for potential offerings of up to $500-million. Pine Cliff and Pengrowth enjoy insider buying.
- RBC says it fired former VP Lone for dishonesty
RBC Dominion Securities Inc. says that it fired former VP Rocky Lone because of dishonesty and his failure to disclose a $692,613 debt to the CRA. Mr. Lone also caused $277,373 in improper client losses, according to RBC.
- Diamond & Specialty Minerals Summary for May 19, 2016
Kennady Diamonds has more drilling encouragement at its Kennady North project in the Northwest Territories. Great Atlantic Resources is touting lithium assays at its tungsten project in Newfoundland. Mkango Resources will consolidate and then sell more stock.
- Gold Summary for May 19, 2016
NuLegacy Gold has begun drilling its Iceberg gold project in Nevada. Terrax Minerals has received more assay encouragement from its Yellowknife City gold project. Asanko Gold is deferring a loan payment to speed up an expansion at its Ghana gold mine.
- Shell Summary for May 19, 2016
Marc Cernovitch and David Sidoo's capital pool shell, North South Petroleum, is acquiring an option for 50 per cent of Lithium X Energy's CVL South property in Nevada. The shell is selling $4-million worth of shares at 25 cents.
- Energy Summary for May 19, 2016
Spartan Energy seeks to expand in Saskatchewan by buying Wyatt Oil. Husky Energy reportedly nears deals to sell $400-million worth of assets. NuVista puts non-Montney assets in Alberta up for sale, and Niko Resources has an interesting day.
- CMKM's Edwards no longer fit for trial, lawyers say
CMKM Diamonds Inc.'s John Edwards is seeking another mental competency evaluation, claiming that his health has deteriorated. His lawyers say that he has suffered a seizure and other medical events, and is no longer fit to stand trial.
- Diamond & Specialty Minerals Summary for May 18, 2016
Peregrine Diamonds is drilling for diamonds at Sikwane, in Botswana. Pangolin Diamonds is touting diamonds in Botswana, but is not yet set to drill. MGX Minerals clarified its lithium news. Deer Horn Capital is out of the food business and back to minerals.
- Gold Summary for May 18, 2016
IDM Mining has plenty of targets, but not necessarily the will, to drill in Yukon. Klondike Gold has started drilling at Lone Star in Yukon. Bonterra Resources has another batch of encouraging assays from Gladiator in Quebec.
- Energy Summary for May 18, 2016
EnCana doubles its drilling inventory in the Montney. Trilogy Energy's lenders wrap up their credit facility review, with mixed results. Athabasca Oil closes its joint venture with Murphy Oil and lays out a five-year production plan.
- Shell Summary for May 18, 2016
Tim McCunn lists his second shell this year, Mercal Capital. Andrew White's shell graduate, Char Technologies, rises 10 cents to 30 cents. Mazen Haddad's shell, Knowlton Capital, is acquiring Leni Gas Cuba, an investment company focusing on Cuban deals (not just gas deals).
Click here for more Street Wires.
Stockwatch Canadian Headlines
Display Canadian headlines first
- Coro Mining to resume at 9 a.m. PT
Coro Mining Corp. will resume at 9 a.m. PT on May 24, 2016.more...
- Urbanimmersive develops new website for RE/MAX Quebec
Urbanimmersive Inc. has developed a new website for RE/MAX Quebec.more...
- Golden Share to sell Chinese produced vanadium in N.A.
Golden Share Mining Corp. will sell Chinese produced vanadium pentoxide for Northwest Mining & Exploration Group, a Chinese company, in North America. Golden Share is also seeking an N.A. partner for NWME to develop a vanadium flow battery.more...
- Coro Mining arranges $10-million private placement
Coro Mining Corp. has arranged a $10-million private placement with 100 million shares at 10 cents per share. The company has increased the conversion price of its debentures held by Greenstone Resources LP to 10 cents per share from four cents per share.more...
- Athabasca Oil resumes operations at Hangingstone
Athabasca Oil Corp. has resumed its operations at Hangingstone following the May 5 shutdown due to the Fort McMurray wildfires. The company expects no long-term effects.more...
- Divergent Energy loses $2.2-million (U.S.) in Q1 2016
Divergent Energy Services Corp. lost $2.2-million (U.S.) on revenues of $2.11-million (U.S.) in the quarter ended March 31, 2016. The company lost $2.38-million (U.S.) on revenues of $1.36-million (U.S.) in the same period a year earlier.more...
- Robex installs Zadra-type elution system at Nampala
Robex Resources Inc. has installed a Zadra-type elution system at its Nampala mine. The company estimates it has extracted over 25 kilograms of gold in two elution cycles. The company plans to complete three additional cycles during May.more...
- DealNet to provide dealer finance program to HVAC maker
DealNet Capital Corp. will provide a vendor finance program to an HVAC manufacturer's dealers across Canada.more...
- Gatekeeper receives 110 purchase orders in March, April
Gatekeeper Systems Inc. has received 110 purchase orders, valued at $2.49-million, in March and April. It has shipped 3,655 cameras in the first two months of fiscal Q3 2016, compared with 2,949 cameras shipped in the first two months of fiscal Q3 2015.more...
- Coro Mining halted at 7:59 a.m. PT
Coro Mining Corp. has been halted at 7:59 a.m. PT on May 24, 2016, pending news.more...
Click here for more headlines.