- SEC defendant Armon denies Nonko charges
SEC defendant Ran Armon, one of those accused of steering investors to a phony on-line trading platform called Nonko, denies that he did anything wrong. He claims to have simply trained investors, and says that he thought Nonko was a legitimate operation.
- Shell Summary for Oct. 28, 2020
Greenstone Capital plans to acquire a U.S. health care software company, Comprehensive Healthcare Systems. This target must raise $4-million. Huffington Capital submits a filing statement for its Arizona gold QT. The shell must raise $950,000 at eight cents.
- Energy Summary for Oct. 28, 2020
Oil prices tumble as stockpiles and COVID-19 cases head higher. Suncor Energy continues its cost-cutting efforts. Canadian Natural and Africa Energy tout a new discovery in South Africa, and Gear Energy solves (or at least defers) a sticky debt problem.
- Diamond & Specialty Minerals Summary for Oct. 28, 2020
Fura Gems has gone private. Its lesser shareholders appear pleased. E3 Metals has raised cash to support its lithium brine project near Leduc in Alberta. United Battery Metals is again United Lithium. Nevada Sunrise Gold is set to drill Coronado in Nevada.
- Gold Summary for Oct. 28, 2020
Gold Terra Resource has new assays from the Crestaurum deposit at Yellowknife City. The company sees encouragement, but the market is not as sure. Blue Star Gold has new assays with encouraging grades from Ulu and Hood River in western Nunavut.
- Diamond & Specialty Minerals Summary for Oct. 27, 2020
Mountain Province Diamonds and Star Diamond need higher rough diamond prices to succeed. Orocobre's miners -- but not its builders -- have come down with COVID-19. Lomiko Metals is playing the political fence ahead of the United States election.
- Shell Summary for Oct. 27, 2020
Jabbo Capital plans to list with a $202,500 IPO at 15 cents through Haywood Securities. Ironwood Capital submits a filing statement for its New Brunswick cobalt QT. It is raising $500,000 to $600,000 at 18 cents and expects to close the QT next week, launching West Mining.
- Cannabis Summary for Oct. 27, 2020
Aurora Cannabis needs cash, again. Hexo appoints a financing specialist to its board of directors. Trulieve Cannabis continues to expand in Florida, and Bevcanna Enterprises is a step closer to launching new products in 2021.
- Energy Summary for Oct. 27, 2020
Oil prices climb as yet another hurricane shuts in production along the U.S. Gulf Coast. MEG Energy hikes its production guidance and downplays takeover talk. Africa Oil patiently watches its investments in Nigeria and South Africa.
- IIROC suspends BMO ex Brum over excessive trades
IIROC has suspended former BMO Nesbitt Burns Inc. employee Paul Brum for 18 months over excessive trades in the accounts of three clients. According to the regulator, he earned $396,542 in fees from one client while inflicting a loss on her account.
- Gold Summary for Oct. 27, 2020
Barrick Gold should hit its production guidance at Loulo-Gounkoto in Mali despite its challenges. Pure Gold Mining has hit bonanza-grade gold at its soon-to-be Pure Gold mine near Red Lake. Canex Metals left the market unenthused with its new assays from Gold Range.
- BCSC pursues QCX, Voisin for overstated resource
The BCSC has begun a case against QCX Gold Corp. and its former president, James Voisin, over an overstated resource estimate on a property in Mexico. The BCSC says that Mr. Voisin sold millions of shares before the company corrected the figures.
- Diamond & Specialty Minerals Summary for Oct. 26, 2020
The Diavik mine may be at risk, thanks to Dominion Diamond Mines' bankruptcy. American Manganese is pleased the government has an interest in a manganese stockpile in Arizona. Strategic Resources is starting a dream sheet for Mustavaara, a vanadium project in Finland.
- Shell Summary for Oct. 26, 2020
AF2 Capital plans to list with a $300,000 IPO at 10 cents. Its IPO agent is Haywood Securities. Mira X Acquisition submits a filing statement and expects to close its QT on Thursday. Its resulting issuer will trade on the TSX as Guru Organic Energy, pending final approval.
- Energy Summary for Oct. 26, 2020
Cenovus Energy and Husky Energy plan one of the largest ever mergers in the oil patch, with Cenovus offering a generous premium. Speculators eye other acquisition targets. Tourmaline Oil's Topaz Energy completes its IPO.
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