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- 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.
- 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.
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Stockwatch Canadian Headlines
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- Medicure to release Q1 results May 11
Medicure Inc. will release its first quarter results after market close on May 11, 2016. The company will hold a conference call at 7:30 a.m. CT on May 12, 2016.more...
- Centenera corrects AGM record date to April 25
Centenera Mining Corp. has corrected the record date for its annual general meeting to April 25, 2016.more...
- Altair enters definitive deal to acquire White Hills
Altair Gold Inc. has signed a definitive agreement to acquire the 4,000-hectare White Hills lithium property in Quebec.more...
- Saint Jean Carbon closes final tranche of financing
Saint Jean Carbon Inc. has closed the final tranche of its private placement. The company issued eight million flow-through units at five cents for $400,000 and 6.07 million units at five cents for $303,750.more...
- Maple Leaf Foods releases 2015 sustainability report
Maple Leaf Foods Inc. has released its 2015 sustainability report and 2016 plan.more...
- Olympia to install ATMs at Calgary CTrain stations
Olympia Financial Group Inc. has won a contract to install and operate ATMs at CTrain stations in Calgary. The contract has a one-year term, with five additional one-year extensions.more...
- Crown Mining to close $207,939 private placement
Crown Mining Corp. expects to close its $207,939 private placement in the next few days. The private placement consists of 3.46 million units at six cents per unit.more...
- Gold Reserve closes first tranche of private placement
Gold Reserve Inc. has closed the first tranche of its private placement. It issued 5.21 million Class A shares at $4 (U.S.) per share, totalling $20.84-million (U.S.). The TSX-V has granted the company an extension to May 15 to close the placement.more...
- Callinex Mines increases financing to $4.2-million
Callinex Mines Inc. has increased its private placement to $4.2-million. The company will now issue 14 million shares at 30 cents, and will use the proceeds for exploration and general purposes.more...
- Thompson Creek earns $35.1-million (U.S.) in Q1
Thompson Creek Metals Company Inc. earned $35.1-million (U.S.) on revenue of $97.4-million (U.S.) in the first quarter of 2016. This compares with a loss of $87.2-million (U.S.) on revenue of $123-million (U.S.) in the same period last year.more...
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