Stockwatch Street Wires

C:*MKTSHEL - Shell Summary for Dec. 6, 2019
[2019-12-06 21:29]
Eva Koci's first capital pool shell, Klinik Health Ventures, closes a $3-million IPO at 20 cents. It plans to seek a health care QT. Vancouver brothers Darren and Jeff Tindale plan to list their first capital pool shell, Whatcom Capital Corp., with a $500,000 IPO at 10.  more...

C:*MKTPOT - Cannabis Summary for Dec. 6, 2019
[2019-12-06 21:16]
Ontario says cannabis 2.0 products (such as edibles and beverages) will not be available until Jan. 6, 2020. Cansortium opens its 18th dispensary in Florida. Harvest Health arranges a $90-million (U.S.) note financing. Hexo closes a $70-million debenture financing.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Dec. 6, 2019
[2019-12-06 19:02]
Star Diamond expects some big exploration bills ahead, it appears. Canada Cobalt Works has begun drilling at Castle East in Ontario. Lomiko Metals thinks that spherical graphite is the answer to making La Loutre profitable.  more...

C:*MKTGOLD - Gold Summary for Dec. 6, 2019
[2019-12-06 18:49]
Kinross is selling a bundle of Lundin Gold shares. Scorpio Gold has new assays from Goldwedge in Nevada. Tudor Gold has raised $3-million for more work at its Treaty Creek project in northwestern B.C.  more...

C:*MKTPOT - Cannabis Summary for Dec. 5, 2019
[2019-12-05 21:29]
Canntrust confirms that it expects to file its late Q2 and Q3 results by March 25, 2020. Agraflora Organics agrees to acquire Sanna Health for $23-million. Auxly has deals to sell extract products in every Canadian province except Quebec.  more...

C:*MKTSHEL - Shell Summary for Dec. 5, 2019
[2019-12-05 21:22]
Kenneth DeWyn's third capital pool shell, Chainode Opportunities, expects to close its Quebec mining QT next week. Its QT target, AmAuCu Mining, has raised $5.02-million at $1.30.  more...

U:*SEC - SEC fines, bans Canadian in Iconix scheme
[2019-12-05 20:14]
The SEC has fined and banned Canadian Warren Clamen for his part in an accounting scheme at Nasdaq listing Iconix Brand Group Inc. The company allegedly overstated its assets by as much as $259.4-million (U.S.).  more...

C:*MKTOIL - Energy Summary for Dec. 5, 2019
[2019-12-05 17:24]
OPEC and its allies agree to deepen their production cuts. Paramount Resources sells some gassy assets in Alberta, apparently to Bonavista Energy. Baytex Energy lays out its plans for 2020 while Neil Roszell steps down as its chairman.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Dec. 5, 2019
[2019-12-05 16:56]
Pangolin Diamonds has wrapped up preliminary drilling at MSC, more appears to be in the works. First Cobalt is on track with its prefeasibility and feasibility studies of an Ontario cobalt refinery. Defense Metals has new high-grade rare earth assays from Wicheeda in B.C.  more...

C:*MKTGOLD - Gold Summary for Dec. 5, 2019
[2019-12-05 16:46]
QMX Gold has new assay encouragement from its Bonnefond deposit on its Val d'Or East properties in Quebec. Amex Exploration has some good, and some so-so assays from its Perron gold project in northwestern Quebec.  more...

C:*MKTSHEL - Shell Summary for Dec. 4, 2019
[2019-12-04 20:50]
Mark Orsmond's third capital pool shell, Danacore Industries, expects to close its QT next week. The QT target, a Toronto recruitment firm called Bay Talent, has raised $1.74-million at 39 cents and $4.28-million at 50 cents.  more...

C:*MKTPOT - Cannabis Summary for Dec. 4, 2019
[2019-12-04 20:31]
Tetra Bio Pharma's delta-9 THC drug receives orphan drug designation from the FDA. Organigram proposes to sell up to $55-million worth of shares. Harvest One signs a supply agreement to sell its marijuana products in Alberta.  more...

C:*MKTOIL - Energy Summary for Dec. 4, 2019
[2019-12-04 20:31]
Oil prices rise ahead of tomorrow's big OPEC meeting. Obsidian Energy and Peyto Exploration mull their plans for 2020, while the market mulls their debt. Pine Cliff Energy appoints a new but familiar CFO.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Dec. 4, 2019
[2019-12-04 19:17]
Lithoquest Diamonds has scrapped its plan to acquire much more ground at North Kimberley in Western Australia. NextSource Materials is pondering the fate of two directors. Nouveau Monde Graphite was wrapped up drilling at Matawinie in Quebec.  more...

C:*MKTGOLD - Gold Summary for Dec. 4, 2019
[2019-12-04 19:05]
Balmoral Resources has a narrow, high-grade hit at Fenelon, but nothing like its neighbour, Wallbridge Mining, hit yesterday. Victoria Gold has updated its resource and reserve estimates for Eagle, its new mine in Yukon that continues to ramp up production.  more...

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