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- SEC target Petrossi indicted for $1.1M (U.S.) fraud
SEC target Louis Petrossi, already facing allegations for the Forcefield Energy Inc. scheme, has been indicted on additional charges. Prosecutors claim that he defrauded investors of $1.1-million (U.S.).
- Diamond & Specialty Minerals Summary for March 23, 2017
Lucara Diamond has another batch of exceptional diamonds to sell from Karowe. Saint Jean Carbon is getting more recognition from the regulators. Maxtech Ventures cleared up some of its manganese promotion. Nemaska Lithium cheers its deal with FMC.
- Gold Summary for March 23, 2017
Golden Star Resources plans more drilling in Ghana this year. Secova Metals has expanded its land position in the Windfall district of Quebec. Mariana Resources has new assays from its high-grade Hot Maden project in Turkey.
- Shell Summary for March 23, 2017
Jay Richardson's capital pool shell, Walmer Capital, submits a filing statement for its Quebec feldspar mining QT. Michael Thomson's capital pool shell, Roll-Up Capital, launches VR Resources, a Nevada copper-gold explorer.
- Energy Summary for March 23, 2017
TORC Oil basks in analyst attention. PetroShale looks to raise up to $100-million, which would quintuple its share count, for debt repayment and drilling in North Dakota. Molori Energy talks up grand plans for Texas.
- Rapier faces court action from dissident Delbrook
Rapier Gold Inc.'s battle with dissident shareholder Delbrook Capital Advisors Inc. has landed in court. Delbrook has asked that a judge appoint an independent chair for the company's AGM.
- Shell Summary for March 22, 2017
Toby Pierce and Adam Cegielski plan to list their second capital pool shell, Seaside Exploration. It is selling a $200,000 IPO at 10 cents. The duo's first capital pool shell, Crest Petroleum, launched a gold promotion in October, 2016.
- Energy Summary for March 22, 2017
Enerplus, already sitting on an enviable pile of cash, files a preliminary prospectus for an offering of up to $2-billion. RMP Energy fails to impress investors with its latest Elmworth Montney wells. Two Lundin promotions prepare for busy weeks ahead.
- Diamond & Specialty Minerals Summary for March 22, 2017
Dominion Diamond and Stornoway Diamond are rumoured to be talking merger. Manganese X Energy plans more drilling at Houlton Woodstock in New Brunswick. Standard Lithium has hired the former head of Pure Energy Minerals as its new CEO.
- Gold Summary for March 22, 2017
Integra Gold has updated its resource estimate for Triangle, at Lamaque in Quebec. Osisko Mining has another batch of assay encouragement from Windfall Lake in Quebec. Noka Resources plans its first drill program at Tully West, in Northern Ontario.
- CMKM defendant Turino seeks six-year term
CMKM Diamonds Inc. defendant Jeffrey Turino has asked for a six-year sentence. He says that he had no leadership role in the massive CMKM fraud and has no prior criminal record.
- Gold Summary for March 21, 2017
Aurvista Gold has recovered encouraging amounts of gold from Douay in Quebec. Riverside Resources and Centerra Gold have trenched some encouragement at Glor, in Mexico. Broadway Gold Mining is touting gold assays from its Montana-based Madison project.
- Shell Summary for March 21, 2017
James McRoberts lists his first shell, Haw Capital. Rocky Bellotti and Riccardo Forno's shell, BFK Capital, launches a marijuana producer, The Hydropothecary. John Kowalchuk's shell, Atoro Capital, plans to acquire a Korean retailer, Redeye Co.
- Diamond & Specialty Minerals Summary for March 21, 2017
Kennady Diamonds is looking at strategic alternatives. Saint Jean Carbon offered more clarification about a Panasonic order for graphite. Search Minerals is raising cash for its Labrador rare earth projects.
- Energy Summary for March 21, 2017
Birchcliff Energy joins the list of companies looking to exit the Charlie Lake play in Alberta. The play remains a priority for Tourmaline Oil and little Rising Star Resources. Journey Energy touts its year-end results and a "strategic" new acquisition.
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