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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."
- 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.
- 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.
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- Pollard, Michigan Lottery launch on-line draw games
Pollard Banknote Ltd. and the Michigan Lottery have launched on-line draw games using Pollard's iLottery software.more...
- Silver Shield arranges $4-million in private placements
Silver Shield Resources Corp. has arranged a $3-million private placement consisting of 300,000 Series A shares at $10 each. The company has also arranged a $1-million private placement consisting of 10 million units at 10 cents each.more...
- Oramericas to change name to Backstageplay
Oramericas Corp. will change its name to Backstageplay Inc. and start trading on the NEX board of the TSX-V on Feb. 9.more...
- UGE Int'l closes acquisition of Endura Energy
UGE International Ltd. has closed its acquisition of Endura Energy Project Corp. The company has appointed Cameron Steinman, president of Endura, to its board of directors and as UGE's CSO.more...
- Kinaxis does not say why stock is down
Kinaxis Inc. does not say why its stock is down.more...
- Canadian Metals shareholders approve matters at ASM
Canadian Metals Inc.'s shareholders approved all matters at the company's ASM on Feb. 5, 2016. The shareholders approved the resolution to allow directors to appoint directors between annual meetings and elected four directors.more...
- Kinaxis to resume at 8 a.m. PT
Kinaxis Inc. will resume at 8 a.m. PT on Feb. 8, 2016.more...
- Peruvian Precious receives Igor test mining permit
Peruvian Precious Metals Corp. has received a key permit to begin a test mining and bulk sampling program at the Igor project in Peru. The company's partner, Proyectos La Patagonia SAC, has received a permit for preparation and predevelopment at Igor.more...
- Rosita increases NI 43-101 stockpile resource at Rosita
Rosita Mining Corp. has increased the NI 43-101 indicated and inferred resources at its Rosita project in Nicaragua. The company estimates the project's stockpiles at 70.9 million pounds of copper and 96,660 ounces of gold indicated.more...
- Kinaxis halted at 6:44 a.m. PT
Kinaxis Inc. has been halted at 6:44 a.m. PT on Feb. 8, 2016, pending company contact.more...
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