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- Diamond & Specialty Minerals Summary for Dec. 8, 2016
Tsodilo Resources is raising $8-million to advance its BK-16 diamond project in Botswana. Graphite One Resources says its preliminary economic assessment of Graphite Creek will be ready within two months. Alix Resources has hit lithium at Agua Fria in Mexico.
- Gold Summary for Dec. 8, 2016
Scorpio Gold has promising gold assays from the Bunkhouse Hill area at Mineral Ridge in Nevada. Bonterra Resources has hit gold in the Rivage gap at Gladiator in Quebec. Endurance has another hit showing its Elephant is a big, but low-grade deposit.
- Shell Summary for Dec. 8, 2016
Anne Chopra's Harvest One Capital firms up its QT with cannabis company MMJ PhytoTech. Simon Yakubowicz's Cluny Capital drops its QT with mobile game developer Sandbox Global. David Tonken's Snow Eagle Resources arranges an Indonesian oil and gas QT with Bukit Energy.
- BCSC's two luckiest ex-brokers avoid penalty
Two former B.C. brokers have much to be thankful for after they and their Panamanian brokerage firm, Verdmont Capital SA, came to the attention of the BCSC. The regulator sanctioned the firm for its dodgy business instead of its two principals.
- IIROC bans Gebert after $524,000 loan from client
IIROC has imposed a permanent ban and a $275,000 fine on former BMO Nesbitt Burns employee Jeffrey Gebert. The "particularly troubling" accusations against Mr. Gebert included borrowing $524,000 from a 93-year-old client.
- Energy Summary for Dec. 8, 2016
Cenovus Energy revives a previously stalled project in the oil sands. Crescent Point boosts its 2017 budget, aiming for higher production in Saskatchewan and the increasingly interesting Utah. Would-be producers in Quebec await the fate of Bill 106.
- SEC obtains court order to collect from Pierce
The SEC has won a court order in California directing Vancouver's Brent Pierce to pay his $7.24-million (U.S.) penalty for the Lexington Resources Inc. scheme. The SEC said that Mr. Pierce failed to pay the administrative sanction.
- Diamond & Specialty Minerals Summary for Dec. 7, 2016
Saville Resources still plans to resuscitate itself with an old Arctic diamond play. Niocorp Developments has shown it can recycle Elk Creek reagents. American Lithium continues its assay mea culpa at Fish Lake.
- Gold Summary for Dec. 7, 2016
Red Pine Exploration has encouraging new assays from old core samples at its Wawa gold project. Alexandria Minerals has hit high-grade veins at its Orenada project in Quebec. Satori Resources has hit higher-grade gold over encouraging intervals at Tartan Lake in Manitoba.
- Shell Summary for Dec. 7, 2016
Campbell Deacon's shell, Pounder Venture Capital, firms up its QT with Pool Safe. Pool Safe is being sued by CoolSafe Enterprises for allegedly stealing its design for a waterproof poolside safe. The shell and its target are selling 394,322 subscription receipts at $3.17.
- Energy Summary for Dec. 7, 2016
Petrus passes a pleasing production milepost. BNK Petroleum, having raised $14-million in October, is ready to resume drilling in Oklahoma this month. Madalena Energy comes up with a solution to its financial woes in Argentina.
- Gold Summary for Dec. 6, 2016
Probe Metals has new assays from Val d'Or East in Quebec that could expand the deposit. Newcastle Gold has another batch of gold assays from Castle Mountain in California. IDM Mining has hit higher-grade gold in step-out drilling at Red Mountain in British Columbia.
- Diamond & Specialty Minerals Summary for Dec. 6, 2016
Kivalliq Energy has dusted off an old diamond hunt at Angilak. MGX Minerals has new magnesium oxide assays from Driftwood in British Columbia. Geomega Resources has settled a lawsuit with stock.
- Shell Summary for Dec. 6, 2016
Capital pool shell BTU Capital has dropped its fourth QT attempt. The shell's founder, Walter Brenner, was banned from trading securities and holding directorships for two years in July, 2014. Mr. Brenner left BTU Capital to his colleague, Michael England.
- Energy Summary for Dec. 6, 2016
Cardinal Energy spuds its first well in the Mitsue area and continues to firm up its plans for 2017. The gas-focused Pine Cliff Energy unloads a non-core oil asset for $31.4-million. U.S. Oil Sands' major investor throws it a lifeline, again.
- Emerald Health's Huang named in stock option suit
Emerald Health Therapeutics Inc.'s CEO has landed in a lawsuit over a stock option. A private company claims that it received an option on 830,000 shares as a finder's fee, but has been unable to exercise that option.
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