- BMO's former Cranbrook employees respond to lawsuit
BMO Nesbitt Burns Inc.'s former Cranbrook employees, responding to a lawsuit over their defection, deny that they did anything wrong. They say that they left the firm as a group over cost cuts and problems with management.
- Shell Summary for May 6, 2021
Abigail Capital releases its QT terms and other details. Its Toronto e-sports target, OverActive Media, has raised $39.89-million at $2.25. OV2 Investment also has QT details, including partial financials of its Florida communications infrastructure target, Eastower Group.
- Diamond & Specialty Minerals Summary for May 6, 2021
Arctic Star Exploration has another new Diagras kimberlite. Now, it needs a bounty of diamonds. Mkango Resources is optimistic about an optimized processing plan for Songwe Hill rare earth oxides. Leading Edge Materials is still chasing a mining licence for Norra Karr.
- Cannabis Summary for May 6, 2021
Tilray settles its dispute with former supplier Wyckoff Farms. IM Cannabis arranges a $35-million (U.S.) financing. Aleafia Health has its eye on financings, filing a preliminary shelf prospectus. Speakeasy wants to grow magic mushrooms.
- Energy Summary for May 6, 2021
Canadian Natural hikes its cash flow forecast for 2021 and sets its sights on debt reduction. ARC Resources lays out its first official guidance in the wake of its merger with Seven Generations. Reconnaissance Energy looks to raise $36-million.
- Gold Summary for May 6, 2021
Tarachi Gold has new assays from drilling at its Jabali project in Mexico. More drilling is planned as a follow-up, and to test a new target. Cerrado Gold has scored a bonanza-grade hit while drilling its Minera Don Nicolas project in Mexico. More drilling is planned.
- SEC defendant Babini loses extradition case, appeals
SEC defendant Marco Babini is one step closer to a U.S. court date, with a B.C. judge entering an extradition decision against him. Prosecutors in Boston claim that he was part of a foiled 2012 pump-and-dump.
- Diamond & Specialty Minerals Summary for May 5, 2021
Talmora Diamond and Olivut Resources ponder their Seahorse project. First Energy Metals has assays from Augustus, a Quebec lithium project. QMC Minerals is cheering a lithium anomaly in Manitoba while Grizzly Discoveries cheers for cobalt in British Columbia.
- Energy Summary for May 5, 2021
The governor of Michigan says time is running out for Enbridge's "ticking time bomb," Line 5. Imperial Oil dodges a cumbersome demand from a shareholder. Razor Energy starts construction of its geothermal project, and Gran Tierra rallies with oil prices.
- Shell Summary for May 5, 2021
Magen Ventures I plans to list with a $3-million to $4-million IPO at 10 cents through Canaccord Genuity. Bigstack Opportunities I plans to list with a $500,000 IPO at 10 cents through Echelon Wealth Partners.
- Cannabis Summary for May 5, 2021
Louisiana squints at a potential future for recreational cannabis legalization, a rare sight in the Deep South. Sundial Growers wants to buy Inner Spirit for $131-million. Lowell Farms hopes that the rest of 2021 will be easier than the first quarter.
- Gold Summary for May 5, 2021
New Found Gold's new-found assays from Queensway are keeping the market enthused. Ready Set Gold has new assays from its Northshore project in Northern Ontario. Blackrock Silver is pleased with assays from Tonopah West in Nevada.
- Energy Summary for May 4, 2021
Suncor Energy swings to a profit in the first quarter, but COVID-19 continues to bite. ConocoPhillips plans to sell its 208 million shares of Cenovus Energy by the end of 2022. MEG Energy lowers its ambitions for oil exports to the U.S. Gulf Coast.
- Shell Summary for May 4, 2021
Aardvark Capital plans to list with a $330,000 IPO at 10 cents. Two shell graduates have received final TSX-V approval to begin trading in the next two days.
- Diamond & Specialty Minerals Summary for May 4, 2021
Diamond Fields Resources is borrowing from its major shareholder. Far Resources has raised cash for drilling, but a promised drill program at Zoro, a Manitoba lithium project, is missing in action. Vanadium One Resources is raising cash for Mont Sorcier work.
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