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- SEC target Randles pleads not guilty
SEC target Michael Randles has pleaded not guilty to criminal money laundering charges in Virginia. Prosecutors claim that he was part of a pump-and-dump scheme run through Moneyline Brokers in Costa Rica.
- Diamond & Specialty Minerals Summary for June 24, 2016
Stornoway Diamond has begun commissioning its processing plant at Renard ahead of schedule. Vanadiumcorp Resource is back on the vanadium electrolyte bandwagon. Ashburton Ventures has more graphite assays from Buckingham.
- Gold Summary for June 24, 2016
Independence Gold has closed its $1.95-million placement with Goldcorp to cover exploration in Yukon. Lomiko Metals wants a gold partner for Vines Lake. Red Pine Exploration has assayed old core samples from its Wawa gold project in Northern Ontario.
- Energy Summary for June 24, 2016
Oil prices plunge on Britain's surprise exit from the EU. Twin Butte accepts a takeover offer with a huge flaw: the mere pittance promised to debentureholders. Arsenal Energy plans to merge with Lone Pine, owned by a company suing Canada itself.
- Shell Summary for June 24, 2016
Pat DiCapo's capital pool shell, POCML 3, will seek shareholder approval on July 12 for its QT with Neo Lithium. Marc Cernovitch and David Sidoo's capital pool shell, North South Petroleum, drops its Nevada lithium deal with Lithium X Energy.
- SEC target Heatherington sued over car crash
SEC target Colin Heatherington has found himself in the midst of new legal troubles over a car accident. According to a lawsuit in Victoria, he served alcohol to minors and allowed an intoxicated relative to drive.
- Diamond & Specialty Minerals Summary for June 23, 2016
Canterra Minerals has filled its doughnut at Gwen with two pipes its predecessor company found in the mid-1990s. Great Lakes Graphite is seeking more cash. Cardiff Energy is acquiring a Quebec lithium prospect from Zimtu Capital.
- Gold Summary for June 23, 2016
TomaGold is acquiring a minority interest in the Sidace Lake gold project near Red Lake. Decade Resources has received high-grade assays from chip sampling on the Bow property in British Columbia. Premier Gold Mines has assay encouragement from McCoy-Cove in Nevada.
- Shell Summary for June 23, 2016
Michael Stein's shell, Cliffside Capital, receives shareholder approval for its QT with Toronto car loan provider AutoCapital Canada. Subscribers to last year's 30-cent private placement by Donald McInnes's shell, Blackstone Ventures, need more body cavities to fill.
- Energy Summary for June 23, 2016
Baytex battles the tax man. TransGlobe starts its "production recovery" mission in Egypt earlier than expected. Colombian producers expect to benefit from a historic peace agreement between the government and FARC, and Alvopetro toils away in Brazil.
- DuSolo sued by former CEO Friedlander
DuSolo Fertilizers Inc.'s former CEO, Eran Friedlander, has filed a lawsuit against the company over unpaid consulting fees. He says that DuSolo stopped paying his $11,250-per-month contract.
- Diamond & Specialty Minerals Summary for June 22, 2016
CanAlaska Uranium is raising cash but De Beers will pay for work on its gem hunt near Lake Athabasca. Fjordland Exploration has hired an old diamond promoter as an adviser. Ashburton Ventures is still seeking cash for lithium exploration.
- Gold Summary for June 22, 2016
Metanor Resources has updated its resource estimate for the Barry deposit in northwestern Quebec. Aurvista Gold has begun its summer exploration program at Douay. Drilling is planned. Seabridge Gold has begun drilling at KSM and Iskut in northwestern British Columbia.
- Energy Summary for June 22, 2016
EnCana unloads Gordondale in Alberta and says it will hardly be missed. Birchcliff Energy welcomes Gordondale with open arms and plans two big equity financings. The Alberta Energy Regulator introduces new rules that will make buying assets much harder.
- Shell Summary for June 22, 2016
Charles Shin's capital pool shell, Gulfstream Acquisition, cancels its QT with Dundee Agricultural's beef, chicken and fish producer, Blue Goose. Dr. John Veltheer's shell, Lateral Gold, firms up its merger with logistics software developer CANHaul International.
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Stockwatch Canadian Headlines
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- Goldrock investor Austral Gold sells 9.24M shares
Goldrock Mines Corp. investor Austral Gold Ltd. has sold 9.24 million shares at $1.05 each for $9.72-million. Austral now owns 2.31 million Goldrock shares, representing 2.23 per cent of those outstanding.more...
- Taylor North American to buy back up to 284,600 units
Taylor North American Equity Opportunities Fund will buy back up to 284,600 units under an NCIB. The bid will start on June 30, 2016, and finish on June 29, 2017. The fund bought back 309,000 at an average price of $10.41 in its previous NCIB.more...
- Avanti's CMI completes Colle Santo environmental study
Avanti Energy Inc.'s CMI Energia SpA has completed its environmental impact study for the Colle Santo block in Italy. CMI has submitted the final study to the Ministry of Environment for review and approval.more...
- Orezone Gold increases financing to $23-million
Orezone Gold Corp. has increased its previously arranged private placement to $23-million, offering 23 million $1 shares. It plans to use the proceeds for its Burkina Faso projects and working capital.more...
- Musgrove shareholders approve RewardStream merger
Musgrove Minerals Corp. shareholder approved the company's proposed merger with RewardStream Solutions Inc. The company has also received conditional TSX-V approval of the merger.more...
- Domtar acquires assets of Butterfly Health
Domtar Corp. has acquired the assets of Butterfly Health Inc., including its Butterfly body liners for accidental bowel leakage.more...
- Guyana Goldfields increases financing to $130-million
Guyana Goldfields Inc. has increased its private placement to $130-million, offering 13.83 million $9.4 shares. The company plans to use the proceeds for its Aurora gold mine, explorations, debt and general corporate purposes.more...
- Chibougamau completes $1.03-million private placement
Chibougamau Independent Mines Inc. has completed a $1.03-million private placement consisting of 15.69 million units and five million FT shares at five cents each. It will use the proceeds for exploration of its properties in Quebec and working capital.more...
- RTG Mining to sell Segilola project for $8.5M (U.S.)
RTG Mining Inc. has signed an agreement to sell its Segilola project for $8.5-million (U.S.) to Thor Explorations Ltd. The companies expect the transaction to close by July 31.more...
- NSX Silver has no material changes
NSX Silver Inc. has had no material changes since its default announcement on April 29, 2016. Also, it has not completed its Q1 statements by the deadline of May 30, 2016.more...
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