- SEC defendant Heatherington a flight risk, says DOJ
SEC defendant Colin Heatherington should remain jailed until his trial on charges arising from a $215-million (U.S.) hedge fund fraud, prosecutors say. He had a significant part in the scheme and realized millions in proceeds, they claim.
- Energy Summary for June 14, 2021
Enbridge cheers a legal victory in Minnesota. Reconnaissance Energy expands its drill program in Namibia. Tourmaline Oil basks in analyst adulation, and Petro Viking will help its joint venturer, Avila Energy, go public.
- Diamond & Specialty Minerals Summary for June 14, 2021
Lucara Diamond has found another batch of larger diamonds at its Karowe mine in Botswana. Spearmint Resources has a maiden resource estimate for its Clayton Valley lithium project in Nevada. Battery Mineral Resources is pleased with its cobalt assays from Idaho.
- Cannabis Summary for June 14, 2021
Hexo has a grisly April quarter, but keeps the focus on its trio of Canadian acquisitions. Cronos Group secures an option for an acquisition in the U.S. Trulieve adds Gianella Alvarez and Jane Morreau to its board of directors.
- Shell Summary for June 14, 2021
Dash Capital arranges a Calgary cannabis concentrates QT with Simply Solventless Concentrates. This target is raising $1-million at 25 cents. Timeless Capital arranges an Ottawa cryptocurrency storage QT with Brane Inc. This target must raise $5-million, no terms yet.
- Gold Summary for June 14, 2021
Gran Colombia has high-grade assays from Segovia. E79 Resources had a great day on word of bonanza-grade but narrow gold intersections at Happy Valley on its Myrtleford project in Australia. Vista Gold has a final approval for its Mt Todd gold project in Australia.
- Diamond & Specialty Minerals Summary for June 11, 2021
Plato Gold is seeking cash for its Good Hope niobium project in Ontario. Imperial Mining Group cheers a new process to recover scandium from its Crater Lake project. Leading Edge Materials has a study of its Woxna graphite project in Sweden.
- Shell Summary for June 11, 2021
MJ Innovation Capital arranges a QT with Sparq Systems, an Ontario manufacturer of solar power components. Sparq plans to raise $10-million, no terms yet. Auston Capital arranges a Colombian gold QT with Southern Sky Resources.
- Datametrex ex Son denies deleting accounting files
Datametrex AI Ltd.'s former accountant, facing a lawsuit over deleted company files, denies that she did anything wrong. She says that she left the data in a company server, and complains about company outings where she was forced to drink.
- Cannabis Summary for June 11, 2021
U.S. Senator Chuck Schumer, boxed in on comprehensive cannabis reform, reportedly looks to SAFE. Columbia Care closes its Green Leaf takeover ahead of schedule. Investors frown on Jushi's guidance and Green Organic Dutchman's Valleyfield sale.
- Energy Summary for June 11, 2021
The Alberta government mulls a NAFTA challenge over Keystone XL. Tourmaline Oil continues its shopping spree, buying Black Swan Energy for $1.1-billion. Peyto Exploration and Baytex Energy try to tempt investors with talk of soaring cash flow.
- Gold Summary for June 11, 2021
New Gold has scored some encouraging gold hits at its New Afton mine in B.C., but the mine and its sister, Rainy Lake, in Ontario, have not been the cash cows the company had hoped. Aya Gold & Silver has updated its resource estimate for Tijirit in Mauritania.
- IIROC cites Plentai over dealings with elderly client
IIROC has filed a case against Milan Plentai, who worked for National Bank Financial Inc. in Ontario, over dealings with a client who had Alzheimer's disease. Mr. Plentai was in line to inherit $260,000 from the client, IIROC claims.
- Shell Summary for June 10, 2021
ECC Ventures 2 closes its Nevada mining QT and launches Infield Minerals. ECC Ventures 3 expects to close its IPO shortly. Brachium2 Capital lists with a $300,000 IPO at 10 cents. ESG Capital 1 plans to list with a $200,000 IPO at 20 cents.
- Diamond & Specialty Minerals Summary for June 10, 2021
Margaret Lake Diamonds touts its nickel and cobalt prospects while it ponders what to do about its Diagras diamond play. Neo Lithium has updated its Tres Quebradas lithium resource. Niocorp Developments is looking for tweaks to its processing plan at Elk Creek in Nebraska.
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