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- Diamond & Specialty Minerals Summary for Aug. 25, 2016
Makena Resources has acquired a diamond prospect in the Athabasca region of Saskatchewan. Saville Resources is acquiring the Munn Lake gem play in the Northwest Territories. Great Lakes Graphite finally has its salesman.
- Gold Summary for Aug. 25, 2016
Eureka Resources is optioning an interest in FG to Canarc Resource. Serengeti Resources has wrapped up drilling at Kwanika, in British Columbia. Mawson Resources has begun collecting till samples at Rompas-Rajapalot in Finland.
- Shell Summary for Aug. 25, 2016
Moe Dilon's Wangton Capital firms up its QT with Ideas Through Iris. Aly Nazerali's shell, Multivision Communications, lowers its unit offering price to 10 cents from 22. On closing of both shells' deals, their resulting issuers will have the same chairman, Jerry Grafstein.
- Energy Summary for Aug. 25, 2016
Gran Tierra closes its takeover of PetroLatina and reportedly starts drilling its first well in Colombia's N-sands play. Twin Butte is in hot water with both its bondholders and the Canada Revenue Agency. Blackbird Energy talks up the Alberta Montney.
- Silvercorp sues Carnes for defamation
Silvercorp Metals Inc. has filed a defamation lawsuit against short-seller Jon Carnes over statements he made to national newspapers. He told the papers that Silvercorp paid off authorities in China, the suit claims.
- Diamond & Specialty Minerals Summary for Aug. 24, 2016
Diamcor Mining is trying to raise $5-million for Krone-Endora at Venetia in South Africa. Graphite Resources has raised $1.3-million for Graphite Creek in Alaska. Alset Energy has channel sample assays from Champion, near Kenora.
- Gold Summary for Aug. 24, 2016
Probe Metals has found a new gold zone on its Detour Quebec project, just east of the old Detour gold mine. Sphinx Resources and Sirios Resources plan to explore a property near the Eleonore mine in Quebec. Bellhaven Copper and Gold has a new CEO.
- Shell Summary for Aug. 24, 2016
Benoit Chotard's shell, Orletto Capital, has filed a prospectus for a $6-million to $10-million offering of units at 75 cents. The shell is acquiring Devonian Health Group for its QT. Richard Buzbuzian's shell, Oriana Resources, has cancelled its QT with Graphene Lighting.
- Energy Summary for Aug. 24, 2016
Canacol Energy makes a gas discovery in Colombia, again, and expands this year's drill program, again. Madalena Energy, struggling for liquidity in Argentina, puts itself up for sale. Yangarra Resources starts drilling in the Alberta Cardium.
- CMKM defendant Turino pleads guilty
CMKM Diamonds Inc. defendant Jeffrey Turino has pleaded guilty, as expected. Prosecutors said that Mr. Turino operated behind the scenes during the massive fraud, helping route billions of shares through nominees.
- Diamond & Specialty Minerals Summary for Aug. 23 2016
Dominion Diamond says the diamond market is stable after a buoyant start to the year. Sunvest Minerals has acquired a cobalt play in Northern Ontario. Scientific Metals has acquired a lithium project in Utah.
- Gold Summary for Aug. 23, 2016
Midas Gold plans more drilling on its Stibnite gold project in Idaho to improve the project economics. Terrax Minerals has expanded its drill program at Yellowknife City. Pure Gold Mining has added another drill to its program at Madsen, near Red Lake.
- Shell Summary for Aug. 23, 2016
Marc Cernovitch and David Sidoo's capital pool shell, North South Petroleum, has changed its name to Advantage Lithium. It expects to close its Nevada lithium QT and a $4-million financing by Friday. It is selling subscription receipts at 25 cents.
- Energy Summary for Aug. 23, 2016
Parex Resources further expands its Jacana oil field in Colombia. Gear Energy reaches the halfway point of its drill program in Alberta. Investors bristle at Alberta Oilsands' plan to merge with and recapitalize Marquee Energy.
- SEC wins $1.16-million (U.S.) fine for Canas
The SEC has won $1.16-million (U.S.) in civil sanctions against Cedric Canas Maillard, one of those charged for insider trading in Potash Corp. of Saskatchewan. The SEC said he traded the company ahead of a $40-billion (U.S.) takeover offer.
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