- Energy Summary for June 24, 2022
Oil prices take their second weekly dip in a row, while insiders snap up more shares. Southern Energy looks to raise $40.3-million. Lucero Energy basks in analyst attention, while the private Utica Resources sues Quebec for $18-billion.
- Cannabis Summary for June 24, 2022
A U.S. cannabis banking bill hits another roadblock. Organigram reaches a $2.3-million class action settlement. iAnthus Capital closes its contentious recapitalization, and Chalice Brands hires an interim CFO to help toil away on tardy financials.
- Diamond & Specialty Minerals Summary for June 24, 2022
High rough diamond prices have not found their way onto the stock charts of Canada's diamond miners. Investors respond enthusiastically to a collaboration between E3 Metals and Imperial Oil. Patriot Battery Metals and Noram Lithium have new assays to cheer.
- Eden Empire sued over Vancouver cannabis store
Eden Empire Inc. is facing a lawsuit over its failure to properly run a cannabis store in Vancouver. A retiree claims that he paid $1-million to buy the store on the understanding that Eden would manage the location.
- Gold Summary for June 24, 2022
Argonaut Gold is making a big new share offering to support its financing. Xtra-Gold Resources has new assays from Boomerang East at Kibi in Ghana. Element79 Gold has raised new cash to support its Nevada and Peru exploration plans.
- Energy Summary for June 23, 2022
Oil prices have another down day amid recession fears. Imperial Oil agrees to invest in E3 Lithium and its pilot project at the storied Leduc oil field. Suncor Energy and Enerplus talk up their green goals.
- Diamond & Specialty Minerals Summary for June 23, 2022
Alphamin Resources is sagging under the weight of good news. Usha Resources has begun drilling at Jackpot Lake in Nevada. Imagine Lithium will focus on its own Jackpot, in Northwestern Ontario. Bearing Lithium has agreed to an Australian takeover bid.
- SEC defendant Hackett files appeal
SEC defendant Andrew Hackett, who received four years in a U.S. jail for a 2017 pump-and-dump, has filed an appeal. Prosecutors accused him of manipulating an OTC Markets listing called Arias Intel Corp.
- Cannabis Summary for June 23, 2022
Aurora Cannabis slashes its work force (again) in pursuit of its "business transformation." Halo Collective helps lead a board overhaul at the struggling Akanda. High Tide closes one debt financing while delaying another.
- Gold Summary for June 23, 2022
Argonaut Gold has confirmed the higher construction cost for its Magino mine and has arranged financing to pay for it. Emerita Resources has the assays for the massive sulphide hit at Romanera that it cheered just two weeks ago. Goldmining has assays from La Garrucha.
- iAnthus shareholder protests debt deal, seeks AGM
iAnthus Capital Holdings Inc. shareholder Michael Weisser has filed a court case against the company, seeking an order that would force an AGM. He says that the board is advancing a deal that would hand the company to lenders.
- Diamond & Specialty Minerals Summary for June 22, 2022
Star Diamond plods onward at FalCon while investors ponder how large its diamonds might be. Grid Metals has new lithium assay encouragement from Donner Lake in Manitoba. Cypress Development cheers lithium extraction for its Clayton Valley project in Nevada.
- Gold Summary for June 22, 2022
New Found Gold struggles without newfound assays from Queensway. Tower Resources has encouraging new assays from Rabbit north, in B.C. Osisko Development disappointed the market with new assays from Cariboo in B.C.
- Energy Summary for June 21, 2022
As oil prices struggle to recover from last week's drop, oil executives see a buying opportunity. Suncor Energy basks in analyst attention. Frontera Energy launches a special buyback program, while GeoPark and others eye Colombia's new president.
- Cannabis Summary for June 21, 2022
Canadian cannabis sales set a new monthly record in April, according to Statistics Canada. Cronos Group dreams of getting high without getting the munchies. A troubled subsidiary of the highly troubled Hexo gets a stalking-horse bid from Sundial Growers.
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