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- 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."
- 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.
- Blackout Media-linked Kershner complains about lawyer
Blackout Media Corp.'s former president, Sandy Winick, is seeing another of his co-accused complain about his conviction in a $95-million (U.S.) manipulation. Gary Kershner claims his court-appointed lawyer was ineffective.
- Diamond & Specialty Minerals Summary for Feb. 3, 2016
Dominion Diamond has a recommended environmental approval for its Jay project. Stans Energy is still suing the Kyrgyzstanis. Nemaska Lithium is set to build a small lithium hydroxide plant. Ashburton Ventures has another Nevada lithium play.
- Gold Summary for Feb. 3, 2016
Orvana Minerals has declared new gold resources in oxide deposits at El Valle, in Spain. Argentex Mining has agreed to a takeover by Austral Gold. African Gold Group has received a feasibility study of its Kobada gold project in Mali.
- Shell Summary for Feb. 3, 2016
David Shaw's capital pool shell, Albion Petroleum, was a failure. Harold Lee's Megal Capital was a success, and Mr. Lee's shell-packaging record now stands at two successes, no failures. Scott Gibson's shell-packaging record stands at 1-0, as does Leif Snethun's.
- Energy Summary for Feb. 3, 2016
Enerplus sells $183-million worth of Alberta gas assets, apparently to Tourmaline Oil. Gear Energy sets a barely there budget for the first half of the year. Petrus Resources expects to go public next Monday, and Pine Cliff Energy enjoys insider buying.
- Ecuador Gold sued by U.K. lender
Ecuador Gold and Copper Corp. is facing a lawsuit from a U.K. lender over an unpaid promissory note. The note amounts to $387,141 with interest.
- Castle Resources sued over abandoned work camp
Castle Resources Inc. is facing a lawsuit over an abandoned work camp in Northern B.C. The company that provided the camp, Minconsult Services, claims that Castle is supposed to deliver the camp to an address of Minconsult's choosing.
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