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- 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.
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Stockwatch Canadian Headlines
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- United Corporations to pay dividends May 13
United Corporations Ltd. will pay dividends on its preferred shares and its common shares on May 13, 2016. The dividends are payable to shareholders of record on May 3.more...
- Carube partner Oz to finance phase 5 program at JV
Carube Copper Corp.'s joint venture partner, Oz Minerals Ltd., plans to finance the phase 5 program at the Bellas Gate project in Jamaica. After completion, Oz will earn an additional 10-per-cent interest in the project.more...
- Canadian General to pay preference dividends March 15
Canadian General Investments Ltd. will pay 24.375- and 23.438-cent quarterly dividends for its Class A preference shares on March 15, 2016. The dividends are payable to Series 3 and 4 preference shareholders of record on Feb. 29, 2016.more...
- Cdn General to pay 16-cent quarterly dividend March 15
Canadian General Investments Ltd. will pay a 16-cent quarterly dividend on March 15, 2016. The dividend is payable to shareholders of record on Feb. 29, 2016.more...
- Orofino Minerals arranges $300,000 private placement
Orofino Minerals Inc. has arranged a $300,000 private placement of three million shares at 10 cents each. The company will use the proceeds for working capital.more...
- American CuMo signs Ag stream financing with investor
American CuMo Mining Corp. has finalized a silver stream agreement with a private investor for the purchase of up to 12 $250,000 (U.S.) units. The investor has purchased two units for $500,000 (U.S.).more...
- Fortis's Newfoundland Power to pay quarterly dividends
Fortis Inc.'s Newfoundland Power Inc. has declared a quarterly dividends on its Series A, B, D and G first preference shares. The dividends are payable on May 2, May 2, June 1 and April 1, respectively.more...
- CIBC makes portfolio subadviser changes to two funds
Canadian Imperial Bank of Commerce's CIBC Asset Management Inc. has appointed Causeway Capital Management LLC and Pzena Investment Management LLC as portfolio subadvisers for Renaissance Global Markets Fund and Renaissance Global Value Fund, respectively.more...
- SIR Royalty to pay 9.5-cent distribution Feb. 29
SIR Royalty Income Fund will pay a 9.5-cent distribution for January, 2016, on Feb. 29, 2016. The distribution is payable to unitholders of record on Feb. 22, 2016.more...
- Nevada Clean completes Norway testing program
Nevada Clean Magnesium Inc. has completed the phase 1 and 2 of materials testing program in Norway.more...
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