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- Diversified Royalty ex Bennett claims jury got it wrong
Diversified Royalty Corp.'s former chairman, John Bennett, is asking a U.S. federal judge to overturn his conviction for a kickback scheme. He claims that as far as he knew, payments to officials were nothing more than an effort at building good will.
- Diamond & Specialty Minerals Summary for May 2, 2016
Archon Minerals likes much -- but not everything -- about Dominion Diamond's plans for Lynx and Jay. Nemaska Lithium is buying a little mill for Whabouchi. Nevada Energy Metals has shuffled management. Macarthur Minerals has more lithium ground.
- Gold Summary for May 2, 2016
Barkerville Gold Mines is acquiring Williams Creek Gold through a stock deal. Vista Gold intends to focus on its Australian gold prospect. Nevada Exploration has expanded its Kelly Creek gold play in Nevada. Asanko is planning an expansion of its gold mine in Ghana.
- Shell Summary for May 2, 2016
Anton Konovalov's capital pool shell, Dominion General Investment, submits a QT filing statement to become a brokerage firm via Peter Deeb's Hampton Equity Partners. The QT target is selling a $2-million to $20-million private placement of subscription receipts at $1.
- Energy Summary for May 2, 2016
MEG Energy receives boosterish attention from an analyst. Lightstream Resources, with its newly reduced credit facility, is at risk of a debt default next month. Twin Butte Energy wins another month of time for a white knight to save it from its debt.
- Diamond & Specialty Minerals Summary for April 29, 2016
New Nadina Explorations is at risk of running out the clock on Monument's five-year land use permit. Orbite Technologies is in line to get $15-million from the Quebec government. NRG Metals wants to drill a Quebec graphite prospect.
- Gold Summary for April 29, 2016
Columbus Gold has received encouraging assays from Eastside in Nevada. Avnel Gold Mining has Malian approval for its environmental and socioeconomic assessments of its Kalana Main gold project. Argonaut Gold has updated its dream sheet for the San Agustin project in Mexico.
- Shell Summary for April 29, 2016
Paul Larkin's capital pool shell, Capstream Ventures, submits a QT filing statement for its plan to become an investment issuer. Its initial investment targets are Axion Games, a Chinese video game maker, and Innovega Inc., a U.S. augmented reality eyewear developer.
- Energy Summary for April 29, 2016
Canacol Energy boosts its budget and works on the next leg of its gassy expansion plans in Colombia. Gran Tierra prays for peace in Colombia and mulls its summer drilling plans. Falcon Oil looks forward to the coming year in Australia.
- Silvercorp, Huang keeping their lawyers busy
Silvercorp Metals Inc. and Kun Huang are maintaining a highly litigious pace in the wrongful imprisonment lawsuit that Mr. Huang brought against the company. A routine pretrial matter required a 30-paragraph ruling to resolve.
- Diamond & Specialty Minerals Summary for Apr. 28, 2016
Tsodilo Resources is seeking cash. Some is needed for a BK-16 drill program. Dajin Resources is touting surface sampling at Teels Marsh in Nevada. Wealth Minerals is acquiring a Chilean lithium prospect.
- Gold Summary for Apr. 28, 2016
Asanko Gold has received encouraging assays from a satellite zone at its Asanko mine in Ghana. Dios Exploration is acquiring the Clarkie gold prospect in Quebec. Silvercrest Metals has sampled high-grade silver at Las Chispas in Mexico.
- Shell Summary for April 28, 2016
Kevin Russell's capital pool shell, Wise Oakwood Ventures, has closed its acquisition of veterinary drug developer Zomedica Pharmaceuticals. The combined company expects to begin trading on May 2.
- Energy Summary for April 28, 2016
Parex Resources continues to expand in Colombia and vows a near-term budget boost. MEG Energy swings to a profit in the first quarter thanks to foreign exchange; its operations continue to lose money. Granite Oil says its dividend is safer than ever.
- RBC sued for wrongful dismissal, again
RBC Dominion Securities Ltd. has found itself the target of another wrongful dismissal lawsuit. Eric Choi, an employee of five years, says his branch manager dismissed him without any warning and for no good reason.
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Stockwatch Canadian Headlines
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- Newalta to release Q1 results May 10
Newalta Corp. will release its first quarter results after markets close on May 10, 2016. The company will hold a conference call at 9 a.m. MT on May 11, 2016. It will hold its annual general meeting at 11 a.m. MT on May 12, 2016, in Alberta.more...
- Hammond Power earns $884,000 in Q1
Hammond Power Solutions Inc. earned $884,000 on sales of $68.72-million in the first quarter ended April 2, 2016. This compares with earnings of $781,000 on sales of $63.13-million in the first quarter ended March 28, 2015.more...
- WestJet's April load factor at 80.6%
WestJet Airlines Ltd. had a load factor of 80.6 per cent in April, 2016, up from a load factor of 80.2 per cent in April, 2015. Traffic increased by 5.5 per cent year over year.more...
- Tahoe Q1 adjusted net earnings at $35.5-million (U.S.)
Tahoe Resources Inc. had adjusted net earnings of $35.5-million (U.S.) in the first quarter of 2016. It had revenue of $132.1-million (U.S.) at total operating costs of $77.5-million (U.S.) in the period.more...
- Rock Tech Lithium shareholder increases holdings
Rock Tech Lithium Inc. shareholder BTI International has acquired, in a shares-for-debt transaction, 3.02 million shares. The purchaser now holds 3.05 million shares, or 15.47 per cent of the issued and outstanding shares of the company.more...
- Pengrowth earns $25-million in Q1
Pengrowth Energy Corp. earned $25-million on oil and gas sales of $114.2-million in the first quarter ended March 31, 2016. This compares with a loss of $160.5-million on sales of $199.9-million in the same quarter a year earlier.more...
- Timmins to release Q1 results, hold call May 13
Timmins Gold Corp. will release its first quarter financial results before the open on May 13. It will hold a conference call the same day at 11 a.m. ET to discuss the results.more...
- Agrium earns $3-million (U.S.) in Q1
Agrium Inc. earned $3-million (U.S.) on sales of $2.72-million (U.S.) in the first quarter of 2016. The company earned $14-million (U.S.) on sales of $2.87-million (U.S.) in the same period last year.more...
- Wellgreen Platinum closes second tranche of placement
Wellgreen Platinum Ltd. has closed the remainder of the second tranche of its private placement financing. As a result of the private placement, the company issued 70.5 million units for $14.1-million. The money will go to the Wellgreen PGM-nickel project.more...
- Lucara earns $17.1-million (U.S.) in Q1
Lucara Diamond Corp. earned $17.1-million (U.S.) on revenue of $50.6-million (U.S.) in the first quarter ended March 31, 2016. This compares with earnings of $6-million (U.S.) on revenue of $29.6-million (U.S.) in the same quarter a year earlier.more...
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