Stockwatch Street Wires - Subscribe by Email
- Diamonds & Specialty Minerals Summary for July 6, 2015
Athabasca Nuclear wants to raise cash, some of it for Pikoo Diamonds. Strike Diamond raised a modest sum for its own Pikoo play. Orbite Aluminae touts its high-purity alumina. Great Western Minerals has lost its management but gained some time.
- Gold Summary for July 6, 2015
Abitibi Royalties makes its second royalty deal. Canarc Resources buys a Mexican gold property. Marlin Gold makes management changes, and AM Gold sells its gold property in Peru.
- Shell Summary for July 6, 2015
Richard Munson's Sandspring Resources will acquire Frank Giustra's cash-rich shell, PNO Resources. Scott Hayduk's Tilting Capital will launch ArcScan Inc., a medical device company.
- Energy Summary for July 6, 2015
Oil prices suffer through their worst day in months. Bankers Petroleum investors anxiously await next week's update. Northern Blizzard finishes a quiet second quarter, and Kicking Horse hikes up its budget but barely touches its production guidance.
- SEC seeks to fine ex-Spanish judge for Potash trades
The SEC has asked a New York judge to impose a $130,698 (U.S.) insider trading penalty on Julio Marin Ugedo, a former Spanish judge. The regulator claims that Mr. Marin bought shares in Potash Corp. of Saskatchewan ahead of a takeover bid.
- Diamonds & Specialty Minerals Summary for July 3, 2015
Arctic Star Exploration has raised some cash in a first tranche. It needs more. Eurotin has promotable assays from its Oropesa project. Niocorp Developments has turned to its CEO for cash. Alabama Graphite has raised cash for Coosa and Bama.
- Shell Summary for July 3, 2015
Ron Schmeichel's capital pool shell, Mira VI Acquisition, will soon close its acquisition of Perk.com Inc., an app-maker operating in the rewards business. Perk.com recently sold a $25-million private placement.
- Gold Summary for July 3, 2015
McEwen Mining needs to boost its stock back up over $1 (U.S.) to stay on the NYSE. Ecuador Gold hires Heye Daun as chief executive officer. Pelangio Exploration tries to raise $1.1-million, and Rochester Resources struggles to increase production in Mexico.
- Energy Summary for July 3, 2015
Days after buying Legacy Oil, Crescent Point agrees to buy Coral Hill, at quite a bargain. Pacific Rubiales postpones its shareholder meeting on an unpopular takeover offer. Canadian Oil Sands enjoys its highest monthly production since October.
- SEC wins asset freeze order against Hans Black
The SEC has won an injunction freezing several accounts belonging to Hans Black, a former director of some TSX-V listings. The regulator claims that Mr. Black defrauded clients of a Boston firm by placing their money in risky Canadian penny stocks.
Click here for more Street Wires.