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- Shell Summary for July 28, 2016
Michael Atkinson's NEX shell, Knol Resources, plans to acquire holding company Kewa Financial. The target is working on two acquisitions of its own, so it will sell an $8.64-million financing. It will have money-raising help from Knol's largest shareholder, the Sprott group.
- Diamond & Specialty Minerals Summary for July 28, 2016
Pangolin Diamonds is drilling at Motloutse and plans to drill Malatswae, its two main Botswana diamond projects. Canadian International Minerals hopes to fix its Sturgeon Lake lithium resource estimate. Far Resources has found lithium at Zoro, in Manitoba.
- Gold Summary for July 28, 2016
Detour Gold has good news from Lower Detour, bad news about its production guidance. Nexus Gold plans preliminary work at Bouboulou in Burkina Faso that should lead to drilling later this year. Goldquest Mining is set to start drilling at Tireo in the Dominican Republic.
- Energy Summary for July 28, 2016
Baytex Energy cuts back in the Eagle Ford. Athabasca Oil's production guidance takes a hit from the Fort McMurray fires this spring, but the company hopes for a major Montney production boost next year. Twin Butte continues to flog its unpopular takeover.
- SEC seeks $1.16M (U.S.) fine for Potash Corp. trader
The SEC is seeking $1.16-million (U.S.) in sanctions for Cedric Canas Maillard, one of the men charged for insider trading in Potash Corp. of Saskatchewan Inc. The regulator says that he abused confidential information he obtained as a senior executive.
- Diamond & Specialty Minerals Summary for July 27, 2016
Dunnedin Ventures is touting new targets and old diamond counts at Kahuna. Ultra Lithium has received encouraging assays from Georgia Lake in Northwestern Ontario. Stria Lithium is still trying to raise cash.
- Gold Summary for July 27, 2016
Westhaven Ventures has received assays of low-grade gold over a wide interval at Shovelnose in British Columbia. Rapier Gold has sold some stock and wants to sell more. Columbus Gold has obtained new permits in French Guiana, expanding its Montagne d'Or project considerably.
- Shell Summary for July 27, 2016
Larry Doan and David Smalley's capital pool shell, Flying Monkey Capital, plans to acquire Humn Pharmaceuticals for the shell's QT. The target is a Winnipeg company that makes and sells a topical pain relief cream called TPR20.
- Energy Summary for July 27, 2016
Bonavista Energy shows a glimmer of optimism about the rest of 2016, but fails to impress investors. Africa Oil mulls possibilities for early-stage production in Kenya. Shamaran Petroleum inches toward its long-delayed goal of production in Kurdistan.
- Goldcorp sued by former CFO Hall
Goldcorp Inc. is facing a lawsuit over the firing of its former CFO, Lindsay Hall. He is seeking compensation beyond the $3.15-million termination payment that he received.
- Diamond & Specialty Minerals Summary for July 26, 2016
Kennady Diamonds has received a good grade but ho-hum diamonds from a mini-bulk test of Faraday-2. Matica Enterprises remembers some news. Avalon Advanced Materials expects a dream sheet for Separation Rapids by the end of August.
- Gold Summary for July 26, 2016
Calibre Mining has received encouraging assays from its Eastern Borosi project in Nicaragua. Bonterra Resources is touting a geological model of its Larder Lake project in Northern Ontario. Bayhorse Silver has grabbed high silver grades at its Bayhorse project in Oregon.
- Shell Summary for July 26, 2016
Steve Bajic's capital pool shell, Margaux Red Capital, loses its tech QT target to Marc Labrecque's Active Growth Capital. Neil Selfe's SPAC, Infor Acquisition, plans to merge with Element Financial's commercial finance spinoff, ECN Capital.
- Energy Summary for July 26, 2016
TORC Oil plans another big expansion in Saskatchewan. Zargon Oil, evidently the seller of the assets that TORC is buying, will use the sale proceeds to spruce itself up for a hoped-for suitor. Canacol Energy's investors yawn at its new reserve report.
- 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.
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