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- Diamond & Specialty Minerals Summary for May 5, 2016
Peregrine Diamonds has a maiden resource estimate for CH-7 at Chidliak. Pele Mountain Resources has parked Eco Ridge, is touting monazite and solar energy. Happy Creek Minerals is pleased with its Fox tungsten estimate.
- Gold Summary for May 5, 2016
Victoria Gold has encouraging gold assays from its Olive-Shamrock zone at Dublin Gulch in Yukon. Kaminak Gold has a big Coffee budget this year. Melkior Resources has begun drilling at Carscallen in Northern Ontario.
- Shell Summary for May 5, 2016
Ross Wilmot's shell, Barksdale Capital, has cancelled its acquisition of drone engine developer GES Electric Aero. Shell-maker Mr. Wilmot is also a director of a couple of precious metal promotions, Orex Minerals and Barsele Minerals.
- Energy Summary for May 5, 2016
Whitecap Resources prepares for a busy second-half drill program. Cardinal Energy gets started on this year's drill program and mulls expanding it. SDX Energy plans a dilutive $11-million (U.S.) financing and rearranges its priorities in Egypt.
- Judge rules against Pierce in mortgage fraud case
Brent Pierce has lost his effort to sue over an alleged mortgage fraud, at least for now. A judge has determined that he must provide more details of how he is the beneficial owner of two mortgages worth $11.5-million.
- Diamond & Specialty Minerals Summary for May 4, 2016
Shore Gold is still waiting for environmental approval and looking for an active partner. Ashburton Ventures is seeking cash for its lithium and graphite projects. Cypress Development has intriguing assays from its Nevada lithium play.
- Gold Summary for May 4, 2016
Pure Gold mining has received another batch of high-grade assays from its Madsen gold project near Red Lake. Terrax Minerals has gold assays from a new region on its Yellowknife City project. First Mining Finance is acquiring the Cameron gold play near Kenora.
- Energy Summary for May 4, 2016
Wildfire threatens to make a dent in Canadian oil sands production for the second year in a row. Pengrowth Energy lowers its production guidance, but enjoys buying by a billionaire backer. Zargon Oil steps up its efforts to find a suitor.
- Shell Summary for May 4, 2016
Lawrence Ho's capital pool shell, Maple Peak Investments, will hold a special meeting on May 25 to seek minority shareholder approval for its QT. The shell plans to acquire shares in two investment holding companies controlled by Mr. Ho, Melco International and MelcoLot Ltd.
- Gold Summary for May 3, 2016
Continental Gold has wrapped up trial mining at Buritica in Colombia on a positive note. Para Resources plans to restart production at its little El Limon mine in Colombia. Scorpio Gold has encouraging assays from Custer, on its Mineral Ridge project in Nevada.
- Energy Summary for May 3, 2016
EnCana fails to impress investors with talk of "incredible" operations in the first quarter. Baytex Energy continues to let its Canadian production slide while it focuses on Texas. Ithaca Energy emerges unscathed from a lending review.
- Shell Summary for May 3, 2016
Thomas Kovacs's eight-year-old capital pool shell, Madeira Minerals, fails to close a QT, again. Geoff Gordon's successful shell graduate, Vogogo Inc., is now on the auction block. Jerry Solensky's shell graduate, Zomedica Pharmaceuticals, is off to a good start.
- Diamond & Specialty Minerals Summary for May 3, 2016
Canterra Minerals plans more preliminaries on three of its South Slave diamond plays. Canadian International Minerals will share its Alberta lithium prospect with Noram Ventures. Athabasca Nuclear is acquiring lithium plays from North Arrow Minerals.
- SEC, DOJ charge nine for $131M (U.S.) scheme
The SEC and New York prosecutors have charged a group of brokers and others for manipulating Forcefield Energy Inc. The group helped the company's Canadian chairman, Richard St. Julien, defraud investors of millions, the government claims.
- 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.
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Stockwatch Canadian Headlines
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- Mena Hydrocarbons halted at 4:09 a.m. PT
Mena Hydrocarbons Inc. has been halted at 4:09 a.m. PT on May 6, 2016, by a cease-trade order.more...
- Mountainview Energy halted at 4:08 a.m. PT
Mountainview Energy Ltd. has been halted at 4:08 a.m. PT on May 6, 2016, by a cease-trade order.more...
- Emerald Bay Energy halted at 4:07 a.m. PT
Emerald Bay Energy Inc. has been halted at 4:07 a.m. PT on May 6, 2016, by a cease-trade order.more...
- Hydro One to pay 21-cent dividend June 30
Hydro One Ltd. will pay a quarterly dividend of 21 cents a share on June 30, 2016. The dividend is payable to shareholders of record on June 14, 2016.more...
- Savaria to resume at 6:30 a.m. PT
Savaria Corp. will resume at 6:30 a.m. PT on May 6, 2016.more...
- Oncolytics shareholders elect seven-person board at AGM
Oncolytics Biotech Inc. shareholders elected a seven-person board of directors at the company's AGM on May 5, 2016. Holders approved all proposed resolutions at the meeting.more...
- NP says Canadian Natural, others lending out airstrips
- Oncolytics Biotech's May 5 cash at $21.4-million
Oncolytics Biotech Inc. has cash, cash equivalents and short-term investments of $21.4-million at May 5, 2016. The company has released its financial results for fiscal Q1 2016.more...
- Globe/CP say Canopy, rivals see Victoria okay edible pot
- Enerplus loses $173.66-million in fiscal Q1 2016
Enerplus Corp. lost $173.66-million in fiscal Q1 2016, compared with a loss of $293.2-million during the same period last year. The company produced 97,860 boe/d in Q1 2016, down from 100,855 boe/d in Q1 2015.more...
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