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- Diamond & Specialty Minerals Summary for Aug. 29, 2016
Tsodilo Resources plans a bulk sample of BK-16, a promising kimberlite project in Botswana. Colt Resources has raised $1.4-million for a variety of uses. Stans Energy is touting a possible new lithium deal in Russia.
- Gold Summary for Aug. 29, 2016
Orca Gold has shuffled its management but Block 14 in Sudan remains a priority. Aurvista Gold has better delineated seven targets at Douay, in Quebec. Equitas Resources has received encouraging assays from Cajueiro in Brazil.
- Shell Summary for Aug. 29, 2016
Joe Boury's capital pool shell, Plicit Capital, rolls back 1 for 2 in connection with its QT. The shell is acquiring 3D Signatures, a medical device developer in Winnipeg. Plicit Capital is selling a $5-million private placement of postconsolidated shares at 35 cents.
- Energy Summary for Aug. 29, 2016
Twin Butte's bondholders succeed in scuttling its proposed takeover, leaving its future in jeopardy. Lightstream Resources strikes an interesting accord with its secured noteholders. Bankers Petroleum wins its tax dispute with the Albanian government.
- Diamond & Specialty Minerals Summary for Aug. 26, 2016
Metalex Ventures is still seeking financing for a big bulk sample of U2 in Northern Ontario. Leading Edge Minerals, the result of a merger between Flinders Resources and Tasman Metals, traded today. Sunvest Minerals has acquired the Roy cobalt project.
- Gold Summary for Aug. 26, 2016
Osisko Mining has received assays from a new gold zone at Windfall Lake, in Quebec. Goldsource Mines has cut its production forecast for its Eagle Mountain mine in Guyana. Canada Strategic Metals and Matamec Explorations have more gold encouragement from Sakami.
- Shell Summary for Aug. 26, 2016
Mark Hansen's shell graduate, CHC Student Housing, is merging with Mark Goodman's SPAC, Dundee Acquisition. The resulting issuer, Canadian Student Living, will have four student housing properties and $113-million capital. It will use the funds to buy 16 more properties.
- Energy Summary for Aug. 26, 2016
Petrolia, embroiled in a battle over exploration in Quebec, suddenly finds itself in need of a new CEO. Arsenal Energy looks to close its merger with Lone Pine within weeks. Virginia Hills, buckling under the weight of its debt, puts itself up for sale.
- SEC suspends MarilynJean Interactive
The SEC has halted MarilynJean Interactive Inc., a purported provider of Bitcoin-related services. The company has $26,005 (U.S.) in assets and, until Thursday, had a $123-million (U.S.) market capitalization.
- SEC target Durante pleads guilty to pink sheets scheme
SEC target Ed Durante has pleaded guilty to market manipulation charges in New York. Prosecutors claimed that he convinced investors to buy $11-million (U.S.) worth of stock in a now-worthless pink sheets company.
- Diamond & Specialty Minerals Summary for Aug. 25, 2016
Makena Resources has acquired a diamond prospect in the Athabasca region of Saskatchewan. Saville Resources is acquiring the Munn Lake gem play in the Northwest Territories. Great Lakes Graphite finally has its salesman.
- Gold Summary for Aug. 25, 2016
Eureka Resources is optioning an interest in FG to Canarc Resource. Serengeti Resources has wrapped up drilling at Kwanika, in British Columbia. Mawson Resources has begun collecting till samples at Rompas-Rajapalot in Finland.
- Shell Summary for Aug. 25, 2016
Moe Dilon's Wangton Capital firms up its QT with Ideas Through Iris. Aly Nazerali's shell, Multivision Communications, lowers its unit offering price to 10 cents from 22. On closing of both shells' deals, their resulting issuers will have the same chairman, Jerry Grafstein.
- Energy Summary for Aug. 25, 2016
Gran Tierra closes its takeover of PetroLatina and reportedly starts drilling its first well in Colombia's N-sands play. Twin Butte is in hot water with both its bondholders and the Canada Revenue Agency. Blackbird Energy talks up the Alberta Montney.
- Silvercorp sues Carnes for defamation
Silvercorp Metals Inc. has filed a defamation lawsuit against short-seller Jon Carnes over statements he made to national newspapers. He told the papers that Silvercorp paid off authorities in China, the suit claims.
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