Stockwatch Street Wires
- Shell Summary for Aug. 22, 2017
Steve Forget's capital pool shell, Cortina Capital, files an information circular for its QT with Elio Sorella's Quebec clean-tech company, Ecolomondo Corp. Before the QT can close, the shell must sell a $2-million private placement at 35 cents.
- Diamond & Specialty Minerals Summary for Aug. 22, 2017
Rockwell Diamonds is taking a double demotion in Canada. Talmora Diamond is taking some claims to lease. Fort St. James Nickel is optioning a cobalt project in New Brunswick from Great Atlantic Resources. Cobaltech Mining and First Cobalt are merging.
- Gold Summary for Aug. 22, 2017
Amarc Resources has granted Hudbay Minerals an option to earn a majority interest in Joy, a Kemess-area porphyry project. RT Minerals has encouraging grab samples from Norwalk, near Wawa in Ontario. K92 Mining has encouraging assays from Kora-Eutompi ahead of a bulk sample.
- Energy Summary for Aug. 22, 2017
Africa Oil prepares to welcome a new joint venturer in Kenya, the French giant Total. BlackPearl Resources enjoys insider buying as it toils away at Onion Lake. Stamper Oil signs an early-stage agreement with an intriguing potential collaborator.
- Shell Summary for Aug. 21, 2017
Chuck Rifici's first capital pool shell, Buzz Capital, has closed its $420,000 IPO at 10 cents and begun trading. It opened at 12 cents and closed at 21 cents. Dr. Mark O'Dea's shell graduate and Mexican mining junior, Discovery Metals, also began trading today.
- SEC obtains production order against Coldicutt, again
The SEC has obtained another court order against Vancouver-linked securities lawyer Andrew Coldicutt. A judge has directed him to hand over information related to a purported hemp company.
- Gold Summary for Aug. 21, 2017
Savary Gold and Sarama Resources have received encouraging assays from Karankasso in Burkina Faso. Batero Gold has drilled long intervals of gold at Batero-Quinchia in Colombia. Victoria Gold has started a $40-million site preparation program at Eagle in Yukon.
- Energy Summary for Aug. 21, 2017
The clock keeps ticking on Cenovus's hunt for asset buyers. Enerplus reaches a production milestone in the Bakken. InPlay Oil woos investors in Denver with talk of its ambitions in "two of the most exciting plays" in Canada, the Cardium and the Duvernay.
- Diamond & Specialty Minerals Summary for Aug. 21, 2017
Tsodilo Resources has its collars complete at BK-16 in Botswana; large diameter drilling is next. LSC Lithium is contemplating new strategies for its lithium projects. International Lithium has sold $1-million in convertible debentures.
- Goldcorp ex Hall drops lawsuit against company
Goldcorp Inc.'s former CFO, Lindsay Hall, has dropped the lawsuit that he filed after his 2016 firing. He had sought damages beyond the $3.15-million termination fee that the company paid him.
- Diamond & Specialty Minerals Summary for Aug. 18, 2017
Shore Gold's annual meeting promises to be a lively affair. DNI Metals plans to build a pilot plant for its Madagascar graphite projects. Leading Edge Materials is drilling again at Bergby, a lithium project in Sweden.
- Gold Summary for Aug. 18, 2017
Calibre Mining has more assays from Eastern Borosi in Nicaragua. A new resource calculation is planned. Jaxon Minerals has expanded its gold hunt in British Columbia by acquiring an option on the Foremore project. Constantine Metal Resources has drilled silver in Alaska.
- Shell Summary for Aug. 18, 2017
Velibor Colovic plans to list his first capital pool shell, Woodbridge Ventures, with help from John MacPhail. The shell plans to sell a $350,000 IPO at 10 cents, through Chippingham Financial.
- Energy Summary for Aug. 18, 2017
Painted Pony talks up its grand production plans and mulls slight changes to its 2017 and 2018 budgets. Leucrotta Exploration preens for potential suitors. Madalena Energy seeks to add a number of new faces to its board at next month's special meeting.
- SEC seeks $1.05-million (U.S.) or more from Rose
The SEC has requested a permanent ban and at least $1.05-million (U.S.) in financial penalties for Don Rose, one of the defendants in the Ecoland International Inc. case. The SEC says that Mr. Rose sold millions of shares during the scheme.
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