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- SEC fines, bans nominee RVPlus CEO
The SEC has imposed a permanent ban and $63,300 (U.S.) in penalties against Utah's Christopher Day for helping an unidentified Canadian in an OTC Markets scheme. The SEC claims that Mr. Day acted as a nominee CEO of RVPlus Inc.
- 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.
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- Knowlton to seek holder approval for RTO at July 6 AGM
Knowlton Capital Inc. will hold an AGM on July 6 to seek shareholder approval for the proposed Leni Gas Cuba RTO. It plans to appoint two LGC directors to the board of the new company upon completion of the RTO.more...
- Nighthawk completes acquisition of Superior Copper
Nighthawk Gold Corp. has completed its acquisition of Superior Copper Corp. The newly amalgamated company is a subsidiary of Nighthawk called Superior Copper Corp.more...
- EnerCare's Direct Energy nomination deal cancelled
EnerCare Inc. has received notice that Direct Energy Ltd. has sold its EnerCare shares and cancelled the parties' nomination agreement. Scott Boose, who was nominated to EnerCare's board by Direct Energy, resigned from the board effective May 26.more...
- Goldrea Resources to acquire Cannonball property
Goldrea Resources Corp. has agreed to acquire the 1,490-hectare Cannonball property from Ram Exploration Ltd. The company has arranged a $360,000 private placement of six-cent units. It has cancelled its JV with Canadian Mining SA.more...
- Rocky Mountain Liquor loses $625,324 in Q1 2016
Rocky Mountain Liquor Inc. lost $625,324 on sales of $9.5-million in Q1 2016. This compares with a net loss of $320,276 on sales of $10.4-million in Q1 2015.more...
- Opal Energy shareholders elect 10 directors at AGM
Opal Energy Corp. elected 10 directors at the May 26 AGM. They also appointed an auditor and approved the company's proposed acquisition of Versus LLC.more...
- Atac Resources shareholders approve all matters at AGM
Atac Resources Ltd. shareholders have approved all matters at the May 26 AGM. As well, director Helmut Wober has resigned as a director.more...
- Gold Reserve halted at 8:17 a.m. PT
Gold Reserve Inc. has been halted at 8:17 a.m. PT on May 27, 2016, pending news.more...
- Clarke to buy back up to 781,308 shares
Clarke Inc. has arranged to buy back up to 781,308 shares from June 2, 2016, to June 1, 2017. The shares represent 5 per cent of the company's issued and outstanding shares.more...
- Canalaska options out two Athabasca claims to Fjordland
Canalaska Uranium Ltd. has optioned out two claims in the Athabasca basin to Fjordland Exploration Inc. Consideration is $50,000 and four million shares. Canalaska also retains a 4-per-cent GOR for diamonds and a 2-per-cent NSR for other minerals.more...
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