Shell Summary for Nov. 29, 2019
2019-11-29 20:46 ET - Market Summary
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
by Stockwatch Business Reporter
The TSX Venture Exchange
slipped a fraction to 531.68 Friday, ending the month down 6.69 points.
Jamie Levy and
Kerry Knoll have filed a preliminary prospectus to list their first capital pool shell together,
Moon River Capital Ltd. The shell plans to sell a
$260,000 initial public offering at 10 cents through Canaccord Genuity Corp.
In August and September, Moon River Capital sold 8.8 million escrow shares at the typically discounted five cents. Mr. Levy and Mr. Knoll each bought two million escrow shares. The shell's third director, Ian McDonald, also bought two million escrow shares.
Mr. Levy, 49, is the shell's chief executive officer and chief financial officer. He lives in Toronto. He is a former vice-president of trading at Pinetree Capital Ltd. (PNP: $1.33) and was a trader with Byron Securities Ltd. In the last 13 years, he has participated in about 45 private placements, mostly by mining juniors.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2024 Canjex Publishing Ltd. All rights reserved.
Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated,
although libelous remarks, obscene language and impersonations may be deleted.
Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the
University of Ottawa's FAQ regarding Defamation and SLAPPs.
Knoll and his partner had zero to do with the creation of the new Wheaton which became Goldcorp. The Wheaton you refer to, which they did start, was sold as a shell to Frank Guistra and Ian Telfer, who then used it to buy the producing San Dimas complex in Mexico and created the silver stream to finance it. That was a Telfer/Guitsra deal.
Give credit where credit is due!!
Posted by Dandy Dan at 2019-11-30 18:43
Knoll and his partner had zero to do with the creation of the new Wheaton which became Goldcorp. The Wheaton you refer to, which they did start, was sold as a shell to Frank Guistra and Ian Telfer, who then used it to buy the producing San Dimas complex in Mexico and created the silver stream to finance it. That was a Telfer/Guitsra deal.
Give credit where credit is due!!
Posted by Dandy Dan at 2019-11-30 18:43
Comments for this item are closed