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- 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.
- 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.
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Stockwatch Canadian Headlines
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- Titan Medical files prospectus supplement for units
Titan Medical Inc. has filed a prospectus supplement for the sale of units through a public offering. Each unit will consist of one share and one warrant exercisable at $1 per share for five years.more...
- Eco Oro awaits Colombian court ruling for mining areas
Eco Oro Minerals Corp. is awaiting a definitive Colombian court ruling over the national development plan in about three months. The court informed the public on Feb. 8 that the plan, which defines mining-excluded areas, was unconstitutional.more...
- Almonty loses $19.54-million in fiscal 2015
Almonty Industries Inc. lost $19.54-million on gross revenue of $36.14-million in the year ended Sept. 30, 2015. This compares with earnings of $10.39-million on gross revenue of $29.6-million in the prior fiscal year.more...
- TearLab cancels $15-million public offering
TearLab Corp. has cancelled its $15-million public offering, citing market conditions.more...
- SG Spirit 12.1-million-unit private placement
SG Spirit Gold Inc. has received TSX-V approval for a 12.1-million-unit private placement at five cents. There are 17 placees, including three pro groups.more...
- Pacific Coal name change to Caribbean Resources
Pacific Coal Resources Ltd. has changed its name to Caribbean Resources Corp., with no rollback.more...
- Dundee Precious loses $47-million (U.S.) in 2015
Dundee Precious Metals Inc. lost $47-million (U.S.) on revenue of $260.1-million (U.S.) in 2015. It lost $58.9-million (U.S.) on revenue of $324-million (U.S.) in 2014.more...
- Successful Inv says buy Precision Drilling
- Supreme offers incentive for exercise of July warrants
Supreme Pharmaceuticals Inc. is offering an incentive for the exercise of 4.13 million warrants issued through a July 29, 2015, private placement. Holders who exercise their warrants by March 17, 2016, will receive one incentive warrant per July warrant.more...
- Lundin says hold Endeavour Silver
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