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- Diamond & Specialty Minerals Summary for Jan. 23, 2017
Majescor Resources has acquired two new Quebec diamond prospects. Arctic Star Exploration has applied for drill permits for Cap. Focus Graphite has assay encouragement from Lac Tetepisca. Niocorp Developments is borrowing cash.
- Gold Summary for Jan. 23, 2017
Cordoba Minerals has hit bonanza-grade gold at San Matias in Colombia. Midas Gold has another batch of assay encouragement from Yellow Pine on its Stibnite project in Idaho. Balmoral Resources has assays from Bug South at Martiniere, in Quebec.
- Shell Summary for Jan. 23, 2017
Steve Forget's capital pool shell, Cortina Capital, plans to acquire Ecolomondo Corp. for the shell's QT. The target, a Quebec company, says it can turn old tires and disposable diapers into oil, gas, steel or carbon black.
- Energy Summary for Jan. 23, 2017
RMP Energy finds a replacement for its outgoing president and spuds more Montney wells in Gold Creek. Twin Butte Energy's receiver gains court approval to sell the company. Advantage Oil enjoys better-than-expected production, and Gran Tierra does not.
- SEC target Carrillo looking at $13M (U.S.) penalty
SEC targets Luis Carrillo and Wade Huettel should pay $13-million (U.S.) for aiding a Vancouver-linked boiler room scheme, a judge has recommended. The SEC said that pair helped Canadian brothers John and Benjamin Kirk.
- Diamond & Specialty Minerals Summary for Jan. 20, 2017
Diamcor Mining has upgraded its facilities at Krone-Endora at Venetia to boost its trial mining rates. Lithium Americas has arranged a big financing for its Cauchari-Olaroz lithium project. Saint Jean Carbon is touting plans to use graphene in lithium batteries.
- Gold Summary for Jan. 20, 2017
Columbus Gold is acquiring the Castle gold project, just south of its Eastside project in Nevada. Colorado Resources has a new drill target at Green Springs, in Nevada. Transatlantic Mining has shuffled its management but remains focused on Alder Mountain.
- Shell Summary for Jan. 20, 2017
Casper Bych's capital pool shell, Zidane Capital, is suing its QT target, Trevor Folk's aspiring medical cannabis producer, HydRx Farms. Zidane says HydRx has secretly formed a plan to merge with another company, Harpreet Grover's CannScience Innovations.
- Energy Summary for Jan. 20, 2017
The Lundin-backed Shamaran Petroleum arranges a $36-million financing that will take its share count past two billion. The Lundins will participate. Oryx Petroleum suffers a watery setback in Kurdistan. Northern Blizzard plans to buy back more shares.
- SEC target Randles facing five-year sentence
SEC target Michael Randles should receive the maximum available jail term of five years for his role in the Moneyline Brokers scheme, prosecutors say. He was well aware that the operation was aiding criminal activity.
- Diamond & Specialty Minerals Summary for Jan. 19, 2017
Dunnedin Ventures has big plans for its Kahuna play this year. Great Lakes Graphite has more orders for its micronized graphite. Hudson Resources is raising cash for White Mountain. Niocorp Developments hopes to cut costs at Elk Creek.
- Gold Summary for Jan. 19, 2017
Gold Standard Ventures has received encouraging assays from key areas on its Railroad-Pinion project in Nevada. Golden Predator Mining has been dealt encouraging assays from its 3 Aces project in Yukon. Redstar Gold found promise -- but investors did not -- at Shumagin.
- Shell Summary for Jan. 19, 2017
Calgary accountant Gregory Smith plans to list his first capital pool shell, CanadaBis Capital. The shell is selling a $250,000 IPO at 10 cents. Casino billionaire Lawrence Ho's shell graduate, Maple Peak Investments, is seeking a medical marijuana deal.
- Energy Summary for Jan. 19, 2017
Tamarack Valley enjoys better-than-forecast production in the Viking, courtesy of Spur Resources. Kelt Exploration expands its Montney acreage in B.C. and Alberta. Pengrowth sets a tentative budget for 2017 and continues the hunt for asset buyers.
- Petromin sues Daum, DeCotiis for defamation
Petromin Resources Ltd. has filed a defamation lawsuit against dissidents Tyrone Daum and Ivano DeCotiis. The company claims that the pair falsely accused it of lying and of misleading shareholders.
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