- SEC defendant Budhu pleads guilty in California
SEC defendant Annetta Budhu, charged alongside Canadians Andrew Hackett and Kuldeep Sidhu for a 2018 pump-and-dump run through TheMoneyStreet, has pleaded guilty. Prosecutors said that she made false statements to FBI agents looking into the scheme.
- Shell Summary for June 21, 2021
Smartset Services lines up an Australian gold QT with GBM Resources and Great Southern. The shell aims to raise $8-million at 50 cents. Cedarmont Capital arranges an Ontario marijuana retail QT with Shiny Bud and Mihi. These targets aim to raise $15-million, no price yet.
- Diamond & Specialty Minerals Summary for June 21, 2021
Star Diamond has a potentially costly invite, one it hopes the court will rescind. Nouveau Monde Graphite has priced its big placement in support of Matawinie in Quebec. Western Magnesium has raised cash to support its magnesium project.
- Cannabis Summary for June 21, 2021
Cannabis extractors wonder what to make of Health Canada's proposed restrictions on vape flavourings. The Valens Company enters the U.S. market by closing its takeover of Green Roads. Charlotte's Web adds former Canopy CFO Tim Saunders to its board.
- Energy Summary for June 21, 2021
BofA sees oil prices hitting $100 (U.S.) next year. Athabasca Oil and Gear Energy enjoy the ride. Frontera Energy closes a $400-million (U.S.) note financing, and Canacol Energy tests its new Colombian well while NG Energy looks on.
- Gold Summary for June 21, 2021
Gold Royalty is merging with Ely Gold Royalties through a cash and stock takeover bid. Great Bear Resources has a narrow bonanza-grade hit at Dixie. Goldmining has updated its big resource estimate for Whistler in Alaska.
- Diamond & Specialty Minerals Summary for June 18, 2021
Deep South Resources inched northward today following bad news from Haib in Namibia yesterday. Zen Graphene remains on its virus bandwagon while Albany sits idle. Neo Lithium is cheering metallurgical results from its 3Q lithium project in Argentina.
- Fancamp's Smith seeks court intervention on AGM
Fancamp Exploration Ltd.'s former president, Peter Smith, has asked a judge to appoint an independent chair for the company's upcoming AGM. Mr. Smith is behind a dissident campaign, and he says his relationship with management is far from amicable.
- Shell Summary for June 18, 2021
9 Capital closes its Canadian mining QT; its resulting issuer will begin trading as Churchill Resources on Monday. First Light Capital arranges a Peruvian mining QT with the already-public New Oroperu Resources. The shell must raise $17.5-million at 40 cents.
- Energy Summary for June 18, 2021
Paramount Resources introduces a two-cent monthly dividend. It also plans a share buyback program, and finally resolves its Strath spat. NuVista keeps busy in the Alberta Montney, and Obsidian Energy talks up its "strategic priorities."
- Cannabis Summary for June 18, 2021
B.C. cannabis consumers rejoice as the province finally allows retailers to offer home delivery. Columbia Care arranges a $74.5-million (U.S.) debt financing. Tilt Holdings "fully resolves" a dispute in Massachusetts (its way of spinning a hefty fine).
- Gold Summary for June 18, 2021
Kore Mining has closed its big new placement in support of the Imperial and Long Valley gold projects in California. Tru Precious Metals has closed its placement in support of two Newfoundland gold projects, Golden Rose and Twilite.
- Shell Summary for June 17, 2021
Four new shells have arrived on the TSX-V, after raising a combined $4.9-million in their IPOs. Shine Box Capital has arranged a software QT with a Dubai company, Interfield Solutions. This QT target aims to raise $1-million at $1.
- Diamond & Specialty Minerals Summary for June 17, 2021
Churchill Diamonds has completed its going-public transaction with 9 Capital. Nouveau Monde Graphite is raising cash to advance its Matawinie graphite project. Edison Cobalt is buying an Argentine lithium project. Giga Metals touts Turnagain nickel and cobalt.
- Cannabis Summary for June 17, 2021
Cannabis companies jostle for attention on the 50th anniversary of the war on drugs. Curaleaf's chairman predicts "holistic" reform next month. iAnthus postpones its recapitalization by two months, and Charlotte's Web hires Wes Booysen as CFO.
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