Stockwatch Street Wires

C:*MKTPOT - Cannabis Summary for Oct. 15, 2019
[2019-10-15 21:36]
Aphria reports its second straight profitable quarter and repeats its fiscal 2020 guidance of between $88-million to $95-million in adjusted EBITDA. Canntrust vows to destroy $77-million of inventory in an effort to win back the trust of Health Canada.  more...

C:*MKTSHEL - Shell Summary for Oct. 15, 2019
[2019-10-15 21:22]
Peter McKeown's first capital pool shell, MG Capital, has firmed up its B.C. mining QT with DLP Resources. The target must raise $1.1-million at 10 cents (NFT) or 13 cents (FT). DLP has disclosed the names of all nine of its shareholders.  more...

C:*MKTOIL - Energy Summary for Oct. 15, 2019
[2019-10-15 20:22]
The oil patch gets ready for third quarter reporting season. Cenovus Energy considers filing a regulatory application for a diluent recovery unit by year-end. Alvopetro Energy finalizes its credit facility, and Sonoro Energy takes a stumble in Indonesia.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Oct. 15, 2019
[2019-10-15 19:44]
Diamond Field Resources says not to expect its intermittent mining at ML-111, off the coast of Namibia, to resume this year. Fusion Gold plans a reverse takeover of Battery Mineral Resources. Cobalt 27 Capital has shareholder approval for the Pala takeover.  more...

C:*MKTGOLD - Gold Summary for Oct. 15, 2019
[2019-10-15 19:29]
Alamos Gold and Oceanagold slumped after revealing bad news today. MacDonald Mines Exploration has new assays from Scadding, on its SPJ project near Sudbury. Gran Colombia Gold has a dream sheet for Baja, which it is selling to Bluenose Gold.  more...

C:*MKTSHEL - Shell Summary for Oct. 11, 2019
[2019-10-11 21:28]
Thane Ritchie and Trevor Peters's first capital pool shell, Global Investments Capital, arranges a QT with an aspiring U.S. CBD products company, Clerisy Corp. The target plans to raise $3.6-million (U.S.), partly by selling shares at $1 (U.S.).  more...

C:*MKTPOT - Cannabis Summary for Oct. 11, 2019
[2019-10-11 21:10]
Crop falls after announcing it has not paid outstanding interest on its debentures. Crop is trying to make major changes to the management of some of its struggling U.S. investments. Medmen's Stacey Hallerman resigns as a director. Trulieve shuffles three management jobs.  more...

C:XMG - MGX news releases temporarily restricted by judge
[2019-10-11 20:47]
MGX Minerals Inc. will not be issuing any more releases about its dispute over the dismissal of CEO Jared Lazerson, at least for now. A judge has entered a temporary order that effectively keeps anybody from issuing news on the company's behalf.  more...

C:*MKTOIL - Energy Summary for Oct. 11, 2019
[2019-10-11 20:39]
Tourmaline Oil pleases investors with its plans to spin off a dividend-paying royalty company. EnCana says its Newfield acquisition just keeps getting better. Pieridae Energy expects to close its Shell Canada deal in less than a week.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Oct. 11, 2019
[2019-10-11 18:01]
Fura Gems has raised much of the cash it is seeking in a first tranche. Razore Rock Resources is optioning a rare earth prospect in Yukon from True North Gems. First Cobalt presses on with its feasibility study of reopening a cobalt refinery in Ontario.  more...

C:*MKTGOLD - Gold Summary for Oct. 11, 2019
[2019-10-11 17:12]
Strikepoint Gold has new assays from Willoughby in northwestern B.C. Roscan Gold has assays from termite targets at its Kandiole project in Mali and Mistango River Resources has assays from Omega in Ontario as a fight for control drags on.  more...

U:*SEC - SEC defendant Alpine appeals $12-million (U.S.) fine
[2019-10-11 10:11]
SEC defendant Alpine Securities Corp. has appealed the $12-million (U.S.) fine that a judge imposed over its years-long failure to report suspicious activity. The firm previously said that a large fine would amount to a "corporate death penalty."  more...

C:*MKTSHEL - Shell Summary for Oct. 10, 2019
[2019-10-10 21:41]
Marc Lustig's shell graduate and cannabis-focused investment firm, Trichome Financial, begins trading. Kenneth DeWyn plans to list his fourth shell, CYG Opportunities, with a $200,000 IPO at 10 cents. His third shell, Chainode Opportunities, has some updates.  more...

C:*MKTPOT - Cannabis Summary for Oct. 10, 2019
[2019-10-10 21:22]
Hexo plummets after reducing its revenue expectation for fiscal Q4 to $14.5-million, down from $16.5-million. Village Farms falls after arranging a $25-million financing. Canopy Growth appoints Constellation Brands CFO and EVP David Klein as chairman.  more...

C:*MKTOIL - Energy Summary for Oct. 10, 2019
[2019-10-10 20:35]
Frontera Energy talks up a busy third quarter. Canacol Energy drills another big gas well, but remains mum on Medellin. TransGlobe Energy goes on the hunt for acquisitions, and Bellatrix Exploration sees its creditor protection extended.  more...

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