- Shell Summary for Oct. 23, 2020
Trimel Capital plans to list with a $300,000 to $1.5-million IPO at 20 cents through Mackie Research. Haw Capital 2 plans to list with a $400,000 IPO at 10 cents through Richardson GMP.
- VGTel's Durante a liar who belongs in jail, gov't says
VGTel Inc. defendant Ed Durante should remain firmly behind bars, despite a COVID-19 release request, prosecutors say. He is "an inveterate and unrepentant fraudster who will
certainly reoffend" once in the community.
- Diamond & Specialty Minerals Summary for Oct. 23, 2020
Diamcor Mining has sold some convertible notes, and hopes to sell more, to support its Krone-Endora project. Search Minerals has assay encouragement from Awesome Fox in Labrador. HPQ-Silicon Resources cheers an order for product -- again.
- Cannabis Summary for Oct. 23, 2020
Ignite International rockets up after its showboating CEO sets up $25-million in financing arrangements. Acreage Holdings files an offering prospectus. Organigram boosts its investment in a company making cannabinoids from yeast.
- Energy Summary for Oct. 23, 2020
Alberta ends its mandatory production limits, saying COVID-19 is already doing the job of restricting producers' output. Suncor Energy sticks to its five-year plan for $2-billion in extra free cash flow. Tamarack Valley talks up its environmental goals.
- Gold Summary for Oct. 23, 2020
Unigold had a good day, its best of the year, on the heels of more assay encouragement from Target C at Candelones Extension in the Dominican Republic. Oceanagold has raised more cash for Haile through a greenshoe option on its recent big private placement.
- Diamond & Specialty Minerals Summary for Oct. 22, 2020
RJK Explorations has several new kimberlite hits on its Paradis Pond discovery in Ontario. Gratomic is looking to be an energetic driller at Aukam in Namibia. Enertopia touts its Clayton Valley lithium play in Nevada. Zen Graphene had an off day.
- Shell Summary for Oct. 22, 2020
Cuspis Capital II plans to list with a $500,000 to $1.5-million IPO at 20 cents. Subversive Real Estate submits a filing statement for its U.S. marijuana real estate QT. It is selling $65M (U.S.) worth of convertible debentures and expects to close the QT on Nov. 6.
- Energy Summary for Oct. 22, 2020
Analysts tell Canadian oil producers, there is hope. Canacol Energy touts rising gas sales and lays out its near-term exploration plans in Colombia. Falcon Oil gets a boost from a neighbour in Australia.
- Cannabis Summary for Oct. 22, 2020
Harvest Health leaps aboard the financing bandwagon with a $40-million bought deal, pushing the sector's total financings this week past $160-million. Trulieve Cannabis keeps busy in Florida. YSS talks up its revenue and store count as both head higher.
- SEC seeks $1.14M (U.S.) in sanctions for Almagarby
The SEC has requested a permanent ban and $1.14-million (U.S.) in sanctions for Ibrahim Almagarby, a Florida college student who was behind the sale of 7.6 billion improperly registered shares. The scheme included at least four Canadian-linked stocks.
- Gold Summary for Oct. 22, 2020
Roscan Gold is enthused with its "major" new gold find at Walia in Mali, but the market was underwhelmed. Kodiak Copper has the rest of its assays from a "most impressive" hole at its MPD project in B.C., but investors were most unimpressed.
- SEC obtains $5-million (U.S.) fine for Kik Interactive
The SEC has won a $5-million (U.S.) fine against Ontario's Kik Interactive Inc. over a $100-million (U.S.) cryptocurrency offering from 2017. A judge ruled that the offering constituted a security, and should have been registered with the SEC.
- Shell Summary for Oct. 21, 2020
Roosevelt Capital revises the terms of its medical device QT and identifies the director nominees for its resulting issuer. Its QT target, Cloud DX, aims to raise $9.06-million. Roosevelt also settles with a former QT target, Maxx Sports, for $80,000 (U.S.).
- Cannabis Summary for Oct. 21, 2020
Canadian cannabis sales set another monthly high. Jushi Holdings looks to raise $35.5-million as it scouts for acquisitions. Neptune Wellness and 4Front Ventures want to tap the market, too.
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