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- Shell Summary for May 26, 2016
Joe Boury's shell, Plicit Capital, has hired Knight Therapeutics as an adviser. The shell is acquiring medical device company 3D Signatures for its QT. Dave McMillan's shell, Stem 7 Capital, plans to acquire GetCarbids Inc., which owns a website for buying cars from dealers.
- Energy Summary for May 26, 2016
Cardinal Energy, looking to raise $60-million, hints at acquisitions. RMP Energy closes an acquisition, apparently from Chinook Energy, which continues to prioritize the B.C. Montney. Fellow Montney player Leucrotta Exploration hopes to drill this fall.
- Diamond & Specialty Minerals Summary for May 26, 2016
Tsodilo Resources is getting set for a bulk sample of BK-16 in Botswana. Vanadiumcorp Resource is touting tentative vanadium technology arrangements. Majescor Resources is acquiring a lithium prospect near Whabouchi in Quebec.
- Gold Summary for May 26, 2016
Newcastle Gold has merged with Catalyst Copper to press ahead with the Castle Mountain gold project in California. Equitas Resources has begun drilling at Baldo, on its Cajueiro gold project in Brazil Continental Gold cheers currently peaceful Colombia.
- CMKM's Edwards to receive mental health evaluation
CMKM Diamonds Inc. defendant John Edwards will receive a mental health evaluation to determine if he is fit for trial. A Nevada judge has ordered the procedure after Mr. Edwards suffered a seizure and other medical troubles in prison.
- Diamond & Specialty Minerals Summary for May 25, 2016
Fjordland Exploration is expanding its Athabasca diamond hunt through a deal with CanAlaska Uranium. Diamcor Mining hopes to step up its diamond recoveries. American Lithium has bad news about its vanadium plans.
- Gold Summary for May 25, 2016
Sulliden Mining Capital has a revised resource estimate for Troilus in Quebec. Balmoral Resources is selling its Discovery project in Quebec to Wallbridge Mining. Kincora Copper is acquiring two new Mongolian gold and copper plays.
- Shell Summary for May 25, 2016
Luke Norman's shell, BRS Ventures, is acquiring an option for the Margurete gold property in B.C. for its QT. The shell must pay $10,000 and issue 200,000 shares to Reza Mohammed's Anstag Mining. BRS Ventures is selling a $400,000 private placement at five cents.
- Energy Summary for May 25, 2016
Husky Energy raises $165-million through a Canadian asset sale, but still faces challenges at a Chinese gas project owned with CNOOC. Primeline Energy flares up at CNOOC over a separate project. Pan Orient looks forward to near-term drilling in Indonesia.
- Diamond & Specialty Minerals Summary for May 24, 2016
Honey Badger Exploration has begun work at its LG diamond project in Quebec. Archon Minerals is cheering the latest approval for Jay. Matica Enterprises and Cache Exploration have separated after a brief option affair.
- Gold Summary for May 24, 2016
Victoria Gold has received more gold assays from Dublin Gulch in Yukon. Erdene Resource Development has a new batch of assays from Bayan Khundii in Mongolia. Pilot Gold has promotable assays from Goldstrike in Nevada.
- Shell Summary for May 24, 2016
Vancouver shell-packager Emprise Capital's NEX shell, Quentin Ventures, has closed its acquisition of an e-mail encryption software company. The shell has assumed the name of its target and will resume trading tomorrow as Identillect Technologies.
- Energy Summary for May 24, 2016
Wildfire-affected oil sands producers prepare to re-enter evacuated work camps around Fort McMurray. Long Run Exploration extends its proposed takeover by Sinoenergy, again. A Texas court orders Niko Resources to pay $20-million to a drilling contractor.
- SEC target Bandfield admits to money laundering
SEC target Bob Bandfield has pleaded guilty to a $250-million (U.S.) offshore money laundering scheme. Prosecutors said that he was the architect of an operation that aided over 40 manipulations.
- SEC target Verdmont seeks dismissal, claims poverty
SEC target Verdmont Capital SA has asked the judge to dismiss charges stemming from a $75-million (U.S.) scheme. It says that it is nearly broke and that there is nothing to the case.
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- Cougar Minerals closes RTO, changes name
Cougar Minerals Corp. has acquired TrackX Inc. in a reverse takeover. The company expects to begin trading under its new name, TrackX Holdings Inc., on May 31, 2016.more...
- CO2 Solutions talks Valleyfield progress in Q3 report
CO2 Solutions Inc. has filed its financial results for the fiscal third quarter ended March 31, 2016. During the quarter, the company completed and released the formal results of its pilot operation
- Pacific E&P stay of proceedings extended to Aug. 26
Pacific Exploration & Production Corp. has received an extension of its stay of proceedings until Aug. 26. It now plans to complete a $500-million (U.S.) debtor-in-possession financing and arrange a $134-million (U.S.) letter-of-credit facility.more...
- Inv Reporter says buy Lassonde Industries
- San Angelo closes private placement for $150,000
San Angelo Oil Ltd. has closed its private placement for $150,000, issuing three million units at five cents each. It plans to use the proceeds for working capital. John Proust, Donald Sharpe and 676541 B.C. Ltd. each subscribed for one million units.more...
- Inv Reporter downgrades Jean Coutu to a hold
- Goldbelt survey identifies targets at South Morila
Goldbelt Empires Ltd. has completed a geophysical survey at its South Morila gold project in Mali. The survey found potassium anomalies and other targets. Goldbelt is now planning a phase 2 exploration program that will include scout drilling.more...
- Imperial Metals files NI 43-101 report on Mount Polley
Imperial Metals Corp. has filed an NI 43-101 technical report for its Mount Polley mine. The report contains disclosure of the company's exploration and mining plans to Jan. 1, 2016.more...
- Horizon Petroleum issues 3.04 million shares for debt
Horizon Petroleum Ltd. has issued 3.04 million five-cent shares to settle debt of $152,000. Of the 3.04 million shares, 1.52 million went to Yogeshwar Sharma, 760,000 went to Charle Gamba and 760,000 went to W. Derek Aylesworth.more...
- Savanna shareholders elect six directors at AGM
Savanna Energy Services Corp. shareholders elected six directors at the company's AGM.more...
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