- Shell Summary for Aug. 7, 2020
Stormcrow Holdings plans to list with a $1-million to $2-million IPO at 10 cents. Its IPO agent is Industrial Alliance. High Mountain 2 Capital plans to list with a
$300,000 to $350,000 IPO at 10 cents, through Haywood Securities.
- Energy Summary for Aug. 7, 2020
Forget COVID; this decade will still be good to the oil sands, says IHS Markit. Paramount Resources rises on cost cuts and gassy gains. Advantage Oil, Crew Energy and Kelt Exploration have quarters to report, and Reconnaissance Energy hikes its financing.
- Greenpower sued for misusing confidential data
Greenpower Motor Company Inc. is improperly using confidential information to produce its buses, according to a lawsuit brought by a Victoria entity. The suit seeks an injunction that would bar the use of that data.
- Cannabis Summary for Aug. 7, 2020
High Tide opens a Canna Cabana dispensary in Banff. It is the retailer's 28th dispensary in Alberta and 37th in Canada. Inner Spirit opens four more dispensaries in Canada, bringing its total to 58.
- Diamond & Specialty Minerals Summary for Aug. 7, 2020
Mountain Province Diamonds continues to seek liquidity. Its debt is worrisome, but there is hope on the horizon. Manganese X Energy has cut the price for its $1-million placement in support of the Battery Hill project. Happy Creek Minerals has made its dissidents sad.
- Gold Summary for Aug. 7, 2020
Barrick Gold and Novagold Resources have new assays from drilling at Donlin, a huge and long-running gold project in Alaska. Treasury Metals has closed its acquisition of the Goldlund deposit, adjacent to its Goliath project in Northwestern Ontario.
- Diamond & Specialty Minerals Summary for Aug. 6, 2020
Hudson Resources has reorganized its debt load in exchange for an interest in its White Mountain mine. Fjordland Exploration has hired Hudson's founder as CEO to promote its nickel, copper and cobalt prospects. Progressive Planet Solutions has found nickel at Heffley Creek.
- Energy Summary for Aug. 6, 2020
Canada-to-U.S. oil exports reach pre-COVID-19 levels. Dakota Access wins a legal victory. Canadian Natural and Parex Resources look to impress investors with financials, while Husky Energy and Reconnaissance Energy look to lure investors with financings.
- Shell Summary for Aug. 6, 2020
Castlebar Capital arranges a tech QT with Tellyo Oy of Helsinki; the shell must raise $5-million at 30 cents. BB1 Acquisition has arranged an Argentine mining QT with Cerrado Gold; the target must raise $5-million (U.S.) at 80 U.S. cents.
- Cannabis Summary for Aug. 6, 2020
Trulieve Cannabis continues to climb as it opens its 54th dispensary in Florida. Terrascend rises on strong Q2 revenue and improving adjusted EBITDA, while Cronos falls after reporting underwhelming second quarter results.
- Gold Summary for Aug. 6, 2020
Benchmark Metals had a good day on the heels of the first assays from a new drill program at the Lawyers gold and silver project in northwestern B.C. Altus Strategies has new assays -- and plenty of old ones -- to tout from the Tabakorole project in Mali.
- SEC defendant Bongiorno protests Petroteq charges
SEC defendant Christopher Bongiorno, charged for improperly pitching TSX-V listing Petroteq Energy Inc., has asked a judge to dismiss much of the case. As he sees things, the SEC has not accused him of anything that would amount to fraud.
- Energy Summary for Aug. 5, 2020
NuVista Energy reinstates production guidance, if at a lower level than investors hoped. Pipestone Energy plans to raise $70-million with the help of familiar financiers. Gran Tierra slogs through a difficult quarter but says it is ready to "thrive."
- Diamond & Specialty Minerals Summary for Aug. 5, 2020
Lithoquest Diamonds says it cannot raise cash for Kimberley North, puts it in mothballs. Medallion Resources inches ahead with its monazite rare earth plan. Appia Energy expands Alces Lake.
- Cannabis Summary for Aug. 5, 2020
Flower One sees its July sales improve to $3.2-million (U.S.), up from $1.9-million (U.S.) in June, as Vegas continues reopening. CB2 Insights' founders agree to a pay cut, while Supreme Cannabis tries to end its slide with the introduction of three new products.
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