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Shell Summary for April 30, 2019

2019-04-30 20:36 ET - Market Summary

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by Stockwatch Business Reporter

The TSX Venture Exchange slipped a fraction to 611.32 Tuesday, ending the month down 15.57 points. Two capital pool shells have closed their initial public offerings. First, Gurbakhshish (Bob) Hans and Robert (Bob) Quinn's first capital pool shell, Hanstone Capital Corp. (HANS), has sold its $300,000 IPO at 10 cents through Leede Jones Gable Inc. Its stock will begin trading tomorrow.

Mr. Hans, 55, lives in Vancouver and is the president of the Hans group. This group includes a sand, gravel and soil trucking company called Hans Trucking Ltd. It also includes Hans Group Inc., a real estate developer with five projects in Ontario and one in Henan, China. Mr. Hans has not yet been a public company director. His shell-making partner, Mr. Quinn, 63, is a lawyer in Houston. Mr. Quinn has sat on the boards of half a dozen public mining companies, including eCobalt Solutions Inc. (ECS: $0.30) and its predecessors from 1999 to 2017. From April, 2016, to December, 2018, he was a director of Walter Storm's B.C. gold explorer, Tudor Gold Corp. (TUD: $0.33).

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