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- 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.
- Diamond & Specialty Minerals Summary for May 2, 2016
Archon Minerals likes much -- but not everything -- about Dominion Diamond's plans for Lynx and Jay. Nemaska Lithium is buying a little mill for Whabouchi. Nevada Energy Metals has shuffled management. Macarthur Minerals has more lithium ground.
- Gold Summary for May 2, 2016
Barkerville Gold Mines is acquiring Williams Creek Gold through a stock deal. Vista Gold intends to focus on its Australian gold prospect. Nevada Exploration has expanded its Kelly Creek gold play in Nevada. Asanko is planning an expansion of its gold mine in Ghana.
- Shell Summary for May 2, 2016
Anton Konovalov's capital pool shell, Dominion General Investment, submits a QT filing statement to become a brokerage firm via Peter Deeb's Hampton Equity Partners. The QT target is selling a $2-million to $20-million private placement of subscription receipts at $1.
- Energy Summary for May 2, 2016
MEG Energy receives boosterish attention from an analyst. Lightstream Resources, with its newly reduced credit facility, is at risk of a debt default next month. Twin Butte Energy wins another month of time for a white knight to save it from its debt.
- Diamond & Specialty Minerals Summary for April 29, 2016
New Nadina Explorations is at risk of running out the clock on Monument's five-year land use permit. Orbite Technologies is in line to get $15-million from the Quebec government. NRG Metals wants to drill a Quebec graphite prospect.
- Gold Summary for April 29, 2016
Columbus Gold has received encouraging assays from Eastside in Nevada. Avnel Gold Mining has Malian approval for its environmental and socioeconomic assessments of its Kalana Main gold project. Argonaut Gold has updated its dream sheet for the San Agustin project in Mexico.
- Shell Summary for April 29, 2016
Paul Larkin's capital pool shell, Capstream Ventures, submits a QT filing statement for its plan to become an investment issuer. Its initial investment targets are Axion Games, a Chinese video game maker, and Innovega Inc., a U.S. augmented reality eyewear developer.
- Energy Summary for April 29, 2016
Canacol Energy boosts its budget and works on the next leg of its gassy expansion plans in Colombia. Gran Tierra prays for peace in Colombia and mulls its summer drilling plans. Falcon Oil looks forward to the coming year in Australia.
- Silvercorp, Huang keeping their lawyers busy
Silvercorp Metals Inc. and Kun Huang are maintaining a highly litigious pace in the wrongful imprisonment lawsuit that Mr. Huang brought against the company. A routine pretrial matter required a 30-paragraph ruling to resolve.
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Stockwatch Canadian Headlines
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- SGX Resources director Reid resigns
SGX Resources Inc.'s Bruce Reid has resigned as a director, effective May 1.more...
- Dream Global has NOI of $41.53-million in Q1 2016
Dream Global Real Estate Investment Trust had net operating income of $41.53-million in Q1 2016, compared with net operating income of $38.29-million in Q1 2015.more...
- AGF Management has $32.8-billion AUM at April 30
AGF Management Ltd. had total AUM of $32-8-billion as at April 30, 2016. The company had total AUM of $35.7-billion as at April 30, 2015.more...
- Resaas Services adds SolarCity to Resaas Marketplace
Resaas Services Inc. has added SolarCity to Resaas Marketplace. Resaas agents who refer clients to SolarCity will be eligible for a $250 (U.S.) referral fee.more...
- Valener receives $19.6M distribution in refinancing
Valener Inc. has received a $19.6-million special distribution in connection with its wind farm refinancing. The company will use the proceeds to reimburse part of its credit facility.more...
- Accord Financial earns $1.46-million in Q1 2016
Accord Financial Corp. earned $1.46-million on revenues of $6.87-million in the first quarter ended March 31, 2016. The company earned $1.7-million on revenues of $7.55-million in the same period a year earlier.more...
- Boralex, Gaz Metro, Valener close $617.5M refinancing
Boralex Inc., Gaz Metro LP and Valener Inc. have closed a $617.5-million refinancing for the Seigneurie de Beaupre wind farms. The refinancing consists of a $383.4-million term loan, a $192.7-million term loan and a $41.4-million credit facility.more...
- Agrium appoints Pannell board chair
Agrium Inc. has appointed Derek Pannell as board chair. Mr. Pannell will replace Victor Zaleschuk, who has retired from the board.more...
- Pacific Insight changes auditor to PwC from Davidson
Pacific Insight Electronics Corp. has changed its auditor to PricewaterhouseCoopers LLP. The company's former auditor, Davidson & Company LLP, has resigned at Pacific Insight's request.more...
- Student to release fiscal Q3 2016 results May 12
Student Transportation Inc. will release its fiscal Q3 2016 financial results on May 12. The company will hold a conference call to discuss the results on the same day at 11 a.m. ET.more...
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